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GWU: US Must Invest in Infrastructure Development

WASHINGTON, DC-George Washington University, located here, has issued a report through its Aviation Institute, that contends the US is in serious need of investments in its infrastructure. It calls for extensive construction of modern traffic control facilities and runways.

By Amy Vaughn | Updated on May 24, 2001

WASHINGTON, DC-The impact of poor infrastructure at airports across the US is having a detrimental impact on business and recreational travel, impacting the travel industry and therefore hotel revenue. A new report from George Washington University Aviation Institute warns that significant investments in constructing runways and state-of-the-art air traffic control facilities are necessary. This is good news for developers who benefit from such major projects.

The report warns that air travel will become too costly for many Americans, which will in turn cut down on travel. The report claims that without significant development of the nation’s infrastructure, the only way to reduce air traffic congestion will be through significant rate hikes for airline tickets. The tourism industry and hotel sector will most certainly feel the pinch. Retail and entertainment geared toward tourists will suffer then as well.

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