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Your opinion counts
Statistics for poll 'How will the currently developing financial crisis and oil prices rally affect the tourism industry?'

Total Votes 117
Title Votes Percentage
they will have temporary and minimal effect and the situation will stabilize in a year or two
12
10.3 %
we should be looking at a restructuring in the international tourism movements and trends
27
23.1 %
it is still too early to access the impact on world tourism, medium or long term
19
16.2 %
we will see more tourism closer to home, and less international travel
59
50.4 %
Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

Stats All Polls