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PeakOil is You

PeakOil is You

Travel Industry

What's on your mind?
General interest discussions, not necessarily related to depletion.

Travel Industry

Postby PlannerBee » Thu 12 May 2005, 13:19:58

Is anyone out there in the travel industry? I mean lodging specifically. I keep hearing how travel is great but I see something quite different.
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Postby RiverRat » Thu 12 May 2005, 14:11:05

The wifey poo is a travel agent. She is always busy and stressed with a consistent level of clients.

Her and her co-workers received a decent 'bonus' this year due to increased revenue and profit. People are still flying to exotic places and 'living it up'.
If ...'If's' and 'But's' ... were Candy and Nuts ... we would all be happy and fat !
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Postby smiley » Thu 12 May 2005, 16:56:45

I travel a fair bit for work and try to go on holidays about three times a year. Usually at least one of these trips would take me to another continent. For me travel would be one of the last things to economize on. Even if it would get more expensive I would cut on other things to maintain my travel habits. I already travel very cheaply.

Travel is for me a means to get away from daily life, to take a breather (Not that I dislike my daily life, but one needs a break now and then). I guess that if the overall situation would deteriorate my desire to take a break would increase. The worse the situation becomes the more important holidays become as a means to find relaxation.

I guess that is the same for most people, so I don't see a slowdown in the travel industry soon.
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Postby Tanada » Thu 12 May 2005, 19:11:54

$this->bbcode_second_pass_quote('smiley', 'I') travel a fair bit for work and try to go on holidays about three times a year. Usually at least one of these trips would take me to another continent. For me travel would be one of the last things to economize on. Even if it would get more expensive I would cut on other things to maintain my travel habits. I already travel very cheaply.

Travel is for me a means to get away from daily life, to take a breather (Not that I dislike my daily life, but one needs a break now and then). I guess that if the overall situation would deteriorate my desire to take a break would increase. The worse the situation becomes the more important holidays become as a means to find relaxation.

I guess that is the same for most people, so I don't see a slowdown in the travel industry soon.


Thinking back to the results of 9/11 what we ended up doing in 02-03-04 was we took short distance trips and acted as tourists in the area within a few hours driving distance instead of flying cross country or out of NA. I think a lot of people did the same, we went to see interesting things inside a 600 mile radius instead of 6,000 miles when we went on vacation.
If PO is really bad I suppose vacation will be within 60 miles instead, that is we will stay very local, just get out of town so to speak.
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
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One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Postby Vexed » Thu 12 May 2005, 19:15:05

Another thing to think about is the fact that most pricey travel is done by businesses and older folks. Both classes of which will be less impacted by increasingly expensive travel than say your middle-class family looking to go to the Florida Keys or Disney Land. Retirees tend to have passive incomes (pensions, investments, etc.) while businesses will have no choice but to pay up because, well, their business depends on it. This travel will also dry up as businesses and investments shrink over the next decade, but in the meantime...

Its gonna be the Johnson family who lives in white bread suburbia and does all their shopping at Wal-mart that will have to forego vacations first.
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