Thursday, September 11, 2008
Tourist Blues
I keep reading different accounts of what's going on in the tourism world, now that the Credit Crunch is a reality on both sides of the Atlantic.
One camp has it that Algarve Tourism is likely to suffer badly because of the Pound Sterling's slide against the Euro (15% in the last year!)
The other body of opinion is that the fuel surcharges will slam transatlantic flights, affecting Brazil, Venezuela, California and Florida among other popular destinations.
Rather like when the next General Election is going to be held, or whether the banks will increase interest rates or reduce them, there seem to be as many shades of opinion as there are grains of sand on Algarve beaches.
One thing's for sure, there must be some real bargains to be had out there, if those villas, apartments and hotels aren't getting their quota of tourists. Could be just the time to bag a great value Algarve vacation!
One camp has it that Algarve Tourism is likely to suffer badly because of the Pound Sterling's slide against the Euro (15% in the last year!)
The other body of opinion is that the fuel surcharges will slam transatlantic flights, affecting Brazil, Venezuela, California and Florida among other popular destinations.
Rather like when the next General Election is going to be held, or whether the banks will increase interest rates or reduce them, there seem to be as many shades of opinion as there are grains of sand on Algarve beaches.
One thing's for sure, there must be some real bargains to be had out there, if those villas, apartments and hotels aren't getting their quota of tourists. Could be just the time to bag a great value Algarve vacation!
