A dollar goes a long way overseas
"Exchange rates in just one year have allowed U.S. travelers to take advantage of international travel like they’ve never been able to before," says Beal. His team has witnessed various examples when comparing January 1, 2008 to January 1, 2009. Currency exchange rates have tipped back in favor of the U.S. in several markets, with the dollar gaining 20-30% in buying power.
Another benefit to travelers — many of the world’s most renowned luxury travel brands are offering rare incentives. Companies such as Silversea Cruises, Regent Seven Seas Cruise Line, Lindblad Expeditions and Wilderness Safaris are luring travelers with appealing offers.
"Silversea is offering 40% off plus free airfare to amazing destinations, while Wilderness Safaris is offering a seventh night free. These types of incentives are rarely seen. You just need to know where to look," adds Beal.
Finally, the dramatic drop in oil prices has positively impacted buying power. Over the past few years, airlines were charging passengers significant fuel surcharges. Today, many surcharges have been rolled back, reducing the cost of international flights. In some cases, it could save travelers upwards of $400.
"Travel is an important aspect of many Americans’ lives," says Beal. "It’s nice to see economic factors benefiting the American traveler. With these rarely seen values there is no better time to enjoy the rejuvenating power of travel."
Karen
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