The Gulf Coast region stands to lose $22.7 billion in travel-related revenue over the next three years due to the BP oil spill unless federal authorities act swiftly to promote the area, says the U.S. Travel Association. To offset the damages, U.S. Travel plans to lobby congress to set aside $500 million for tourism marketing in the area. At a press conference on July 22, U.S. Travel released the findings of a study by Oxford Economics USA on the impact of the oil spill on travel in the ...

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