6th Oct, 2009

The Best Time To Travel Abroad Is Now

During the recession many Americans are shying away from “extras” like travel. Ironically this is the best time to travel abroad and here’s why:

Buying Power of the U.S. Dollar Has Increased in 2009. The buying power of the Dollar against local currencies is on the rise once again. In 2009 the Dollar’s buying power has risen 10% from 2008 in Italy, the #1 foreign destination for American travelers. In Australia it’s 15%, and in the United Kingdom it’s a shocking 20%. For example, a sixteen day, custom trip to Australia (including airfare) is now under $1,500.

Good Deals Are Easier to Find. Hotels, resorts, and cruise ships are feeling the recession, and lowering rates as well as including more upgrades and perks to lure price conscious travelers. Now is the best time to travel and take advantage of these once in a lifetime deals. Resorts and cruise ships are including airfare, on board credits, and room upgrades in their already lowered prices. Even more discounts can be found for last minute travelers as cruise lines scramble to fill their end of year itineraries. Travel agents can help you find the best deals, as they know which resorts and cruise lines are offering the best promotions.

Help Stimulate the World Economy. Travel accounts for one of the three largest global industries and employs over 220 million people worldwide. When we visit foreign countries we are not only contributing to the local economy, but the world economy as well. Helping out local economies is especially important in developing countries where tourism might be the only profitable industry. As the world economy rises we will in turn feel the benefits at home in the U.S., where tourism accounts for 15% of our GDP.

The “Obama Effect.” Americans are taking advantage of the goodwill and positive American image generated by President Obama. By traveling we become unofficial ambassadors, representing the U.S., and can continue to spread a positive image of America across the world. International travel can also help promote understanding among nations.

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