Tag Archive | "travel bubble"

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How to Handle the Travel Bubble

Posted on 15 October 2008 by Jenni Hammitt

After 9/11, people stopped travelling. This caused the travel industry to buckle down and start making travel affordable again. They (especially the hotel industry) slashed prices, and made the world of budget travel a happy place. You could find amazing deals on Hotwire, Priceline, Expedia, and many other travel sites. Solo travel for the average twenty something was affordable, and the hunt for the perfect deal was all part of the fun.

After a few years, travel picked back up, and then the prices started to rise again. Hotels and airlines no longer needed to tempt customers with amazing deals. Now the average twenty something still had to hunt for a deal, but now it was much harder. The websites we depended on for deals suddenly have very limited discounts, or worse, the prices are actually higher than if you book through the hotel, rental agency or airline directly. It quickly became very frustrating, and in some cases just not economical to take trips. Even if you booked well in advance, the prices were just too high.

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