There is no doubt that the horrible event that happened on September 11th, 2001, had a huge impact on the lives of many people around the world, and in numerous ways that were previously unimaginable.
One industry that was affected from day one was the tourism industry. Businesses involved in travel and tourism quickly began to feel the economic consequences of that dark day.
In more recent months, the tourism industry has once again found itself battered with the onset of a recession and rising fuel costs. Since the majority of vacation travel slows down when people have less discretionary income to spend on leisure activities, there has naturally been an increase in people canceling their vacation plans.
In fact, in many cases, if you have some flexibility in when you can take your vacation, then waiting until the last minute might actually be the best way to save big bucks and get the absolute best vacation deals.
Don't expect the travel and tourism industry to broadcast this information, but the bottom line is that they would rather get 30% of their standard rate than not sell the airline seat or book the hotel room at all.
To read more Tourism Industry Looking For Your Dollars
Sunday, 17 August 2008
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