Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 6, 2008 9:17:39 AM CDT



Is Tourism Dying? track this thread

Started by HeadmasterWG; Last updated Apr 21, 08 5:22 PM CDT by K Schwartz | View history

Is Tourism Dying?

Will the downturn in the economy effect tourism this summer?

Gas prices are skyrocketing. Airlines are folding or cancelling flights. The prices of consumer goods is going up. Will Americans hit the road or the air in force this summer?

Stories

Stories 1 - 20 of 63

  • July 2008
    • America Tops Wish List for Foreign Tourists

      America Tops Wish List for Foreign Tourists

      (Newser) - The plummeting dollar has tourists punching their tickets for the US, according to Lonely Planet’ s latest rankings. America came out ahead in voting for the country travelers were most likely to visit next, Reuters reports, knocking Australia—tops since 2004—from its perch. More »

    • Loving Low Dollar, Europeans Come to Shop

      Loving Low Dollar, Europeans Come to Shop

      (Newser) - The weak dollar is forcing Americans to shelve travel plans, but Europeans are flying over to score on stellar exchange rates. With the British pound worth $1.99 and the euro $1.58, tourists are coming to the US to shop: More than 15 million visited in the first 4 months of 2008, spending $11.6 billion in April alone—21% more than the same month last year. More »

    • How to Vacation on a Dime

      How to Vacation on a Dime

      (Newser) - With airline and entertainment prices rising, “free stuff isn’t just a bonus, it can be a vacation-saver,” writes Jeryl Brunner in Travel + Leisure , which offers 11 ways to beef up your trip on a budget. House-swapping: Cancel the hotel, and vacation in someone else’s home for free while they reside in yours. More »

  • June 2008
    • Where Will Cost of Gas Drive Us?

      Where Will Cost of Gas Drive Us?

      (Newser) - How does really expensive fuel affect you? The New York Times Op-Ed page asked 10 writers to ruminate on that question, and the responses are all over the map: The lure of staying home could have workers demanding tax changes that benefit telecommuters, thinks Nicole Belson Goluboff. Say goodbye to suburbia, says Allison Arieff: cities are more efficient. More »

    • Theme Park Jack Sparrow Recalls Arrrduous Gig

      Theme Park Jack Sparrow Recalls Arrrduous Gig

      (Newser) - Salacious proposals from drunken damsels and stalkers equipped with Disneyland annual passes dot the treacherous seas an actor playing Disneyland's Jack Sparrow must navigate. A pirate who had some issues with Disney's innumerable rules, including forbidding the swashbuckler to mention rum or grow the signature Johnny Depp goatee, spills to Los Angeles magazine. More »

  • May 2008
    • 'Ghoulish Tourism' Develops in Amstetten

      'Ghoulish Tourism' Develops in Amstetten

      (Newser) - Tourists are flocking to Amstetten, Austria, and snapping pictures at the site where Josef Fritzl kept his daughter imprisoned as a sex slave for 23 years, the Telegraph reports. "It is bad enough that journalists and TV crews have beleaguered our town, but now there is this ghoulish tourism," complains one resident. More »

    • Forget US Tourists: Hawaii Lures Euros

      Forget US Tourists: Hawaii Lures Euros

      (Newser) - Domestic tourism is slowing down in the US as economic worries mount, but Hawaii appears to be surfing a wave of diversification through the downturn, the Wall Street Journal reports. Numbers of visitors from Canada, Europe, and some East Asian countries are picking up and offsetting a drop in tourists from Japan and the eastern US. More »

    • Weak Dollar Not Slowing US Vacations

      Weak Dollar Not Slowing US Vacations

      (Newser) - The dollar may be weak, but Americans’ desire to travel overseas this summer is strong, the Los Angeles Times reports. While domestic travel has appeared to hit the skids, more than 25 million Americans will grab their passports and take off for adventures abroad—up 2.6% from last year, AAA says. More »

  • April 2008
    • Clinton, Obama Split on Federal Gas Tax 'Vacation'

      Clinton, Obama Split on Federal Gas Tax 'Vacation'

      (Newser) - Hillary Clinton has joined John McCain's call for a summer holiday from the federal gasoline tax, but Barack Obama says the move will hurt more than it helps, the New York Times reports. Clinton says she’d pay for it with a windfall-profits tax on the oil companies. “Middle-class families are paying too much and oil companies aren’t paying their fair share,” Clinton said. More »

    • Will Tax Rebates Boost Economy? Test Starts Today

      Will Tax Rebates Boost Economy? Test Starts Today

      (Newser) - The first tax rebates designed to kick-start the economy should begin arriving in bank accounts today. The Treasury Department has begun sending electronic rebates to nearly 8 million people by the end of this week, and some 130 million checks will go out via snail mail in May. President Bush hopes taxpayers will spend the cash—up to $600 for individuals, $1,200 for couples—but economists say many will save it or pay off debts. More »

    • OPEC Head Warns Oil Could Hit $200 a Barrel

      OPEC Head Warns Oil Could Hit $200 a Barrel

      (Newser) - The president of the oil-producing cartel OPEC has warned that the price of the black gold could spike as high as $200 a barrel. As crude hovered just below the $120 barrier, Chakib Khelil told an Algerian newspaper that disruptions in production in Britain and Nigeria, coupled with a weak dollar and investor speculation, will keep prices rising. More »

    • Truckers Protest Fuel Prices

      Truckers Protest Fuel Prices

      (Newser) - Truckers led a convoy of vehicles around the National Mall today in Washington to protest high fuel prices, the AP reports. Drivers from the group Truckers and Citizens United converged on DC for an afternoon rally to try to influence Congress to end oil-company subsidies, supplement supply with oil from the strategic reserves, and end Alaskan petroleum exports. More »

    • London-NYC Exec Airline Eos Files Chapter 11

      London-NYC Exec Airline Eos Files Chapter 11

      (Newser) - Business-class only Eos, struggling with rising fuel prices and unable to land a $50 million cash infusion to keep it aloft, filed for Chapter 11 bankruptcy protection last night, reports the Times of London. The airline, which offered business travelers cheap, high-quality flights between London and New York, follows fellow premium carrier Maxjet into bankruptcy. More »

    • Continental Scuttles Merger With United

      Continental Scuttles Merger With United

      (Newser) - Continental Airlines scuttled merger talks with United Airlines today and likely triggered other deals in the plunging industry. United's $357 million first-quarter losses and a plan to lay off 1,000 workers scared away Continental execs, the New York Times reports. Now United parent UAL will likely scramble to cut another deal before fuel prices force it into bankruptcy. More »

    • BP Strike Shuts Down Top UK Oil Refinery

      BP Strike Shuts Down Top UK Oil Refinery

      (Newser) - Britain is facing an oil pinch after workers walked off a Scottish oil refinery today over pension issues, the AP reports. The 48-hour BP strike will halt 700,000 barrels of UK oil a day, nearly one-third of its North Sea supply. But 10 Downing St. is urging drivers not to hoard gas. "There is plenty of petrol and diesel in Scotland to meet demand during this time," one official said. More »

    • Bush Sees Rebate Checks Offsetting 'Slowdown'

      Bush Sees Rebate Checks Offsetting 'Slowdown'

      (Newser) - Again steering clear of the R-word, President Bush said today that the tax rebates scheduled to be distributed starting next week will "give our economy a boost to help us pull out of this economic slowdown," Bloomberg reports. More »

    • $7 Gas? Analyst Sees It by 2012

      $7 Gas? Analyst Sees It by 2012

      (Newser) - Oil and gas prices could double in the next four years, analysts say—with $7 per gallon possible by 2012. "It is increasingly clear that the outlook for oil supply signals a period of unprecedented scarcity," an analyst at investment bank CBIC tells MarketWatch. More »

    • Consumer Confidence Hits 26-year Low

      Consumer Confidence Hits 26-year Low

      (Newser) - Consumer confidence fell to a 26-year low in April, as the public fretted over inflation and housing, Reuters reports. The index fell to 62.6, surpassing the 63.2 analysts had predicted. Nearly 90% said the economy is in recession. Respondents also said they were unlikely to spend their stimulus or tax-rebate checks, planning instead to save them or pay down debt. More »

    • Delta, Northwest Execs: Merger Would Ease Gas Burden

      Delta, Northwest Execs: Merger Would Ease Gas Burden

      (Newser) - The CEOs of Delta and Northwest took their case for a merger to Capitol Hill today, where they argued that they would be better equipped to deal with surging gas prices as a single company. Both businesses had big first-quarter losses, and the executives told lawmakers they’d be better competition for foreign airlines as a team, the AP reports. More »