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International visitors continue to flock to Britain
Wednesday, February 15, 2006
National tourism agency, VisitBritain, has welcomed international visitor figures for the full year 2005. Almost 30 million international visitors in the UK spent over
Theodore Koumelis - Wednesday, February 15, 2006
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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.

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