Tough times: Travelers reap benefits

All signs point to a number of advantages for travelers even though times may be tough, experts say.

“Fortunately for those Americans wishing to travel now, there has probably never been a better time to take a trip, thanks to substantial price reductions across virtually every segment of the travel industry,” Roger E. Block, president of Travel Leaders Associates, said in a news release. “Business and leisure travelers alike can travel with the confidence that they’ll receive increased value for every dollar they spend, as well as with pride in knowing they are contributing to our nation’s economic well-being.”

One recent survey found that a majority of people plan to travel just as much in 2009 as they did last year, though they will be on the lookout for deals. The good news is that everyone from hotels to airlines is looking to attract customers and will be attempting to do so with a variety of deals.

“With the economic downturn there is no better time to take advantage of bonus offers currently being doled out by airlines, hotels and car rental companies,” Patrick Sojka of FrequentFlyerBonuses.com, said in a news release.

“Most major airline and hotel programs have launched very lucrative bonus incentives in the last two months as a response to what I believe is lower booking levels due to the global economic situation,” Sojka added.

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