Summer vacation is on sale as travelers wait until the last moment

From the white, sandy beaches of Hawaii to the boardwalks of the New Jersey shore, travelers are taking summer vacations that may have been canceled last year because of concerns about the economy. The difference is that many people are waiting until the last minute to make their plans.

Bargains abound for budget-conscious travelers. Indeed, my family and I were able to find a deal at the Jersey shore earlier this month. The picture, though, is not so bright for the hospitality industry, according to officials interviewed by DailyFinance.