I was surprised, during my recent ‘leaf-peeping’ trip to the Northeast, to discover a plethora of travel-related bargains. Two years ago, I could not have traveled in the U.S. and stayed in hotels – even if I stuck to the more modest mom and pop motels – for much less than $200 per day, including meals. Yet on this trip I averaged around $100 per day, including food. Most rooms were priced between $60-65 per night and in a few cases I was able to find acceptable accommodations for as little as $35 per night.
That started me wondering whether the recent economic downturn has created an unexpected silver lining for travelers. The short answer is a very definitive YES!
First, consider that the dollar, which a year ago was performing dismally against almost all foreign currencies, has regained some of its former oomph! The Mexican peso has dropped to its weakest level ever against the dollar, as has the Brazilian real. The Argentine peso, which was already at Continue reading