Yes, the global financial crisis is affecting us all in some way, and often is not good news. When it comes to travel, people tend to do it less. Holidays are shorter, or destinations are closer to where we normally live. Hotels have less bookings, airlines less flyers.
But there is some good news: as a consequence of all this prices are going down, and if you’re willing to travel now you can get some great deals that you wouldn’t have dreamed of even just one year ago.
Airline prices are into a “pleasant descent“. Low cost carriers meanwhile continue their rapid growth. According to KPMG “Traditional airlines are already moving closer to the low-cost model, but they will need to do so even more rapidly. In the long run the current downturn will squeeze the gap between low-cost carriers and traditional ones.” Read the rest of this entry »
Popularity: 37% [?]
