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Travel plans during the recession?

Travel Forums General Talk Travel plans during the recession?

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1. Posted by Seek Up (Budding Member, 15 posts) 23 Feb '09 15:33

Unfortunately, it seems as if our travel plans this year (to a very warm and sunny destination, might I add) have been put on the shelf thanks to a few worries about job security and cash flow.

Has anyone else had to alter their travel plans? Shorter/closer trips, etc.?

2. Posted by Cool Paul (Travel Guru, 610 posts) 23 Feb '09 17:33

yep,

I was in Wellington, NZ having a grand time but I had to come home because I couldn't get hired for a graphic design job over any Kiwis during a recession. Now I am back home in the states having just as hard a time finding work here. So I am grounded for the time being. I assume once I do get a job again I'm going to have to stick around a little longer this time considering how hard it is to get work anymore.

I'll guess the next couple of years it's going to be long weekend road-trips. and a standard week and a half vacation to europe for me...oh well...I suppose if that's my biggest complaint then my life is pretty sweet.

3. Posted by tleb (Full Member, 117 posts) 23 Feb '09 20:00

I'm taking a long-ass vacation while I can. Luckily the property management biz is pretty good in a recession. Lotsa people renting, and alot of people that bought houses with the intention of flipping them, now have to rent them out and try to make the best of it until prices go up again. Our number of tenants and investors are going up.

It can be rough though cause some people are having real problems paying the rent, and then sometimes your job makes you feel like a real asshole.

"Oh, I'm sorry I need to kick you and your kids out of this place you've lived in for three years. No, don't send that to my email, send it to my co-worker. I'll be in egypt for five weeks."

Bah.

4. Posted by IMonaghan (Respected Member, 431 posts) 23 Feb '09 20:34

Not slowing down at all... but I did decide to come to Bulgaria in the dead of winter

Timing not so good..

But still having great fun getting situated in the Veliko Tarnovo area of Bulgaria.

5. Posted by Utrecht (Moderator, 5550 posts) 24 Feb '09 01:11

Recession?

6. Posted by bwiiian (Travel Guru, 768 posts) 24 Feb '09 01:36

I'm off to live in S Korea, I'm bored of all this talk of recession. It's a Self -Fulfilling Professy. Everyone complaining, the Tories look like they may win an election, bollox to all that, I'm off to the other side of the world where hopefully things are not quite so gloomy.

7. Posted by kkool (Budding Member, 34 posts) 24 Feb '09 05:11

Whilst I agree that things are a bit tight, I must say that the media compounds the whole issue thus creating the ''Extended Fear Factor''

Anyways, I still plan to go-ahead with all my travel plans whith one (2 weeks) to three South American countries.

We only live once.......

8. Posted by Spiritinth (Budding Member, 13 posts) 24 Feb '09 13:36

We are staying in loads, and saving up!

9. Posted by supersuk (Budding Member, 14 posts) 24 Feb '09 13:51

I'd figure it would be the best time to go.

Work announced a wage freeze for this year, so its not like I'm working towards a pay raise this year.

Tourism needs our dollars and I wouldn't be surprised to find cheap deals.

People are worried about their money I wouldn't mind less McTourists running around.

Real estate is dropping in price, by the time I get back, everything should be much more affordable.

I guess the downside would the opportunity cost of saving money for a cheap mortgage.

10. Posted by Calcruzer (Moderator, 1865 posts) 24 Feb '09 20:19

I'm guessing that the odds are about 70% that my publicly-traded company (which I won't mention the name of) is likely to file bankruptcy within the next three months. We've already laid off 63% of our employees and the remainder (including me) are taking 10% to 15% pay cuts to try and help the company survive.

No travel this year--especially since I'm going to have to figure out where the $40,000 I need for my son to finish his senior year of college next year is coming from.

If I can find a new job soon, my wife and I might be able to squeeze in a week at a warm beach or at a super-heavily-discounted timeshare before I start the new job--otherwise my vacation will be spent sending resumes out in-between working multiple part-time jobs.

Enjoy

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