Trouble In The Travel Industry

The airline industry has been offering historic deals to attract back customers, especially their bread and butter the business traveler. Some airline companies have been offering their elite travelers double miles.

Or, they’re offering lower prices on flights, including American’s $147 fare from Chicago to Dublin. Americans are also looking for ways to make money off of tickets, vouchers or airline miles that they can’t use and are turning to sites like www.FlyHub.com to try and cash in on the online bargain hunters.

But, there’s plenty of trouble outside the airline industry. Theme parks like Disney are cutting deals on the park entrance fees and hotels. Places like Knots Berry Farm in Buena Park, CA, are offering all inclusive packages that include an all-you-can-eat buffet. Park attendance and sales within the parks are dramatically down. Ride lines are shorter than they’ve ever been in recent memory.

Hotels are also feeling the tightening belt of Americans. Hotel Del Coronado in California is offering 50 percent off the second night of stay. For a luxury hotel like this one, it’s extremely rare to see these type of discounts. Vacation homes in Dewey Beach, DE, are also not yet booked for the summer vacationers. It seems that people are just waiting to see whether or not they have jobs or money before booking their vacations.

The ski slopes are also being dramatically hurt by the bad economy. Vail Resort in Vail, CO, has just laid off nearly half of its workforce. Steamboat Springs, another major ski destination in Colorado, is giving away free ski lift tickets when visitors book a three-night stay.

Restaurants in tourist towns are seeing empty tables a lot more than they used to. Special dining weeks like the Denver Restaurant Week and the Los Angeles Restaurant Week are being extended to try to tempt diners back with a cheaper three-course meal.

With many people predicting a lessening of the economic downturn by the end of this year, the ski resorts and winter destinations may not be able to take advantage of any rise in consumer confidence. The summer vacation destinations are crossing their fingers and hoping for better days to come.

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