Affluent continue to splurge on vacations

Wealthy consumers are continuing to take lavish vacations despite their concerns about the economic downturn, which may be prompting them to delay making other purchases or large investments.

For example, Abercrombie & Kent said its private jet division has been growing. "For the most part, people are not willing to sacrifice accommodations or experiences when they're traveling," said Scott Wiseman, A&K president.