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| Trading Down, Not Out: Recession Impacts on Travel |
By now it is apparent the U.S. economy is heading towards a recession, though some argue that it has already happened. This has impacted businesses across varying industries. From a consumer’s perspective, there are more concerns with how money is spent and for some, the recession means cutting down on expenses to save more money. For the travel industry, the weakening dollar and a regressive economy means more value conscious consumers. “Two recent nationwide surveys agree: Americans are taking a hard look at vacation costs. More than two-thirds of respondents to the most recent survey by Ypartnership, co-authored with the Travel Industry Association, said they had downsized their trips in some way during the past six months because of personal financial concerns. And a survey just completed by AIG Travel Guard found that 47% of travelers polled plan to downscale their vacations to save money” (Boston Edge). But this doesn’t mean eliminating vacations all together. “AIG Travel Guard’s new Travel Beat survey says more than two thirds of the 300 polled said they wouldn’t reduce the number of leisure trips they take in 2008” (Boston Edge). What this means is that providers of vacation packages and discount traveling are benefiting. “"Our tour business is going through the roof," said Brad Anderson, co-president of America’s Vacations Center in California, which specializes in escorted tours and cruises. Bookings of Contiki tours, for travelers ages 18-35, is "exploding," he added” (Boston Edge). For discount travel companies like World Ventures the recession could prove to be a major business driver. |
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The state of Oregon is a prime example of one of the great Northwest Pacific states. Oregon has a one-of-a-kind culture that’s beyond description, one that people truly have to visit in order to understand and appreciate. Many like it so much that they pack up and move there as soon as they get the chance. Why? For starters, Oregon has a great location geographically. Bordered by California and Nevada to the south, Washington to the north, and the Pacific Ocean to the west, Oregon is perfect for those that like short drives and inexpensive flights to some of America’s favorite cities and points of interest—not that you’d really want to leave once you’re there, but you could if you wanted to. No doubt, both locals and visitors have plenty of options in Oregon. First, there’s the city of Portland, a must see, where people are genuinely friendly, down to earth, and take pride in their city, their state, and its many amenities. For starters, Oregon has more micro-breweries than anyone could visit on one vacation. That means they also have a lot of unique, privately owned restaurants to complement their wide selection of brewed libations. After a tasty meal and a pint or two of your favorite beer, their state-of-the-art transportation system can take you to happening nightlife, live music venues, theaters, and many other points of interest. Salem and Eugene are also great cities to visit on a trip to Oregon. For active visitors, Oregon’s gorges offer some of the best wind surfing and sailing opportunities around. Or, for those who like the ocean, its hundreds of miles of coastline offer opportunities of all kinds including surfing, body boarding, boating, fishing, seal and whale watching, and of course, romantic walks along the beach in summertime. Other attractions include the green Pacific Coast and Cascade Mountain ranges, expansive deserts, Crater Lake, the deepest in the U.S., the infamous Mount Hood, and the Oregon Trail. Portland, Eugene, Salem, gorges, micro-breweries, Pacific Coast Mountains, Cascade Mountains, Crater Lake, Mount Hood, Oregon Trail, windsurfing Wine, Wine Tastings, Merlot, Pinot Grigio, Chardonnay, Pinot Noir, Shiraz, Cheese, grapes, Jazz, goblets, hor dourves |