Travel & The Global Financial Crisis

Posted on October 21, 2008

It has been quite some time since our last blog post and I hope everyone is doing well in spite of the global financial crisis.

Earlier this year, when fuel prices and airline fares went up drastically, I expected visitors to the site to drop off dramatically. I also expected to see the number of inquiries to our advertisers to correspondingly decrease. But it looks like the troubles in the financial markets are not detracting visitors that use RealAdventures to plan their vacations. Visitors to the site and the number of inquiries being sent every month is actually increasing.

Glancing at our internal reports, customer inquiries range from last-minute vacations to travel planning 6 months or a year in the future. A large percentage of inquiries are being sent by visitors traveling to other countries and other continents.

Looking into the future, if the financial rescue packages have their intented effects, travel forecasts for the next 3 & 6 months look very promising. We expect to continue to experience significant growth over the next year and look forward to sending travelers your way. Please share your experiences with us. Are you booked for the upcoming holiday season? What are you experiencing in terms of slow-down or growth?

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