Travel and the Current Economy

Forecasters predict that as a result of the slow economy, travel will decline in 2009 (FAA predicts sharp decline for airlines according to Times of the Internet). As a result of the slump in the economy, more people will opt to remove traveling from their budgets. Since this is not a necessity and it can be one of the bigger expenses, it will be one of the first budget cuts many households will make. People are staying closer to home, and in some cases, they are staying right in their own neighborhoods for fun and entertainment taking "stacations." But all does not have to be doom and gloom for travel. There are some ways to make the most of your dollar.

1. Keep checking with the airlines directly, and with other travel websites for the best deals* on airfare. If you find that the prices seem to be staying in the same range for several days or even weeks, don't despair, just keep checking. I recently saw a nonstop, roundtrip ticket to Europe for $395 on a major airline. This same ticket was priced at just over $600 when I first started searching several weeks prior. If you can allow for extra time to plan your trip, chances are you might be able to find a price in your range.

2. As for hotel costs, one way you can keep your travel more affordable is by considering a "house-share" option. This can help to keep you within your travel budget and it is an option that is becoming more and more common, both domestically and internationally. This can cut out hotel costs completely, but do your research very carefully. If you don't feel comfortable about this option, then don't consider doing it.

Also, if you are able to find an inexpensive flight, this may free up some money for a decent hotel. If not, then don't rule out inexpensive hotels.* There are many affordable "no frills" hotels that are safe, clean and comfortable. Be wary of which neighborhoods such hotels are in, how far they are away from attractions and how accessible they are to public transportation. It would not make any sense to stay in an inexpensive hotel where you would have to spend a lot of money on transportation going back and forth to the city center, beach or attractions. Do as much research as possible about the location of the hotel and the surrounding areas. If still not sure, call the hotel if necessary.

3. Once you arrive at your destination, check with the locals to find out where are the local markets and grocery stores. Sometimes they are convenient to the hotel and you can better manage your food budget by using them instead of always eating out. If you choose to do a "house-share," most likely you will have access to a kitchen and can prepare some of your own meals. Also, look for hotels that have mini kitchens and control your food budget this way.

4. Manage your entertainment budget by finding out what attractions and events are free in the place you will be visiting. Do this especially when you are traveling with your family. Some cities offer many free tours and free concerts in the parks or other activities especially in the summertime.

5. Try to walk as much as possible. Not only is this good exercise and gives you the opportunity to see things up close and personal, it will save a lot on transportation costs. Wear comfortable shoes and clothes if you plan to be out for the whole day. Take some snacks with you; some crackers, fruit and nuts will give you the energy you need to keep you going. Drink as little liquids as possible if you will be outdoors. In many international destinations, you will not be allowed to use the restrooms unless you patronize the establishment. In others, you may be required to pay to use the facilities.

Travel can still happen despite the economic outlook. Planning is the key. I've seen many of the media headlines and although the current status may be low, if you are patient and persistent and you allow sufficient time for planning, you can make travel happen. Don't let the headlines dissuade you. If you do your research, and are sensible about your spending, travel might just be that pick-me-up you need!

* Always read the fine print regarding rules and restrictions and especially the cancellation policy. If you do not understand something, get clarification on exactly what it means. If you talk to an agent, get their explanation in writing, including their name (first and last) and their direct telephone number. Don’t be afraid to ask for this information. Remember this is your money your are spending.

Written by screenname TriniDiva on April 6, 2009.

Source cited: Times of the Internet at http://www.timesoftheinternet.com/60721.html