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Notes & Links

Cheaper travel: making the most of the downturn

I bet the hotels in Bangkok are clamoring for guests. Between the drop in business travel and the airports being held hostage by thugs, the city might just be empty this month.

All of which means that even the world's most expensive destinations suddenly look cheap. Or at least cheaper. For example, London, 90 per cent of which is normally unaffordable to 90 per cent of the population, is affordable again. And thanks to flailing currencies, even the up-again, down-again loonie has serious purchasing power in party towns like Rio and Reykjavik.

So we're not exactly applauding the credit crunch. But we can at least stifle our moans through New Year's. Herewith, a few tips on making the most of the downturn.

Continue at globeandmail.com

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