Travel is the world's largest industry. In 2006 to 2007 it rose from being a 6 Trillion dollar industry, to a 7 trillion dollar industry. That is the first time in history any industry has increased 1 trillion in revenue in a single year. And experts speculate the travel industry will continue to grow larger and larger for the next 20 years.
Never before in history have more resorts, hotels, are casinos in construction. But it still won't be enough to satisfy the profits of travel businesses and vacation corporations. Prices for everyone will rise since their target customer base is the wealthiest group and has the most spare time.
Airline corporations will charge raise their ticket prices to get out of bankruptcy and start making money again. If you think jet fuel is going to get cheaper, like the gasoline for our cars, think again. It’s just another excuse to raise prices.
Hotels in major cities are gradually raising their prices every year, an average of $10 to $15 per night. It may not matter much in the next few years, but eight or nine years down the line more and more money will be taken out of your budget to take a nice vacation.
So, if you love to travel, you are going to have to save up twice or three times as much to go on the same kind of vacation you have in the past?
No, you're not.
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