Interested in the Caribbean? Comprehensive list with of where to head

by Jamie Rhein on

I don’t know about you, but this time of year when the sky is slate gray more often then it’s sunny, and the leaves have dropped from the trees like rain, I start thinking about warmer pastures. “Let’s get out of Dodge,” I say. Not really, but that’s what I fantasize.

The Caribbean has been an appealing option since a couple of years ago a friend asked me if I wanted to go to Costa Rica. Although, Costa Rica isn’t part of the Caribbean scene exactly, it got me thinking about that part of the world. Our trip didn’t work out and remains unfinished business. This article in The New York Times offers oodles of option ideas for a Caribbean vacation from the pricey to the not so bad. Now, I’m thinking again.

One of the reasons for the Caribbean travel deals is the beating that the weather gave to the area this year. The financial meltdown is another. Just like Las Vegas has become cheaper in order to draw tourists, so has the Caribbean.

The article touts Anguilla, Bahamas, Barbados, Curaçao, Dominica, Dominican Republic, Grand Cayman Island, Grenada, Martinique, Jamaica, Puerto Rico, St. Marten, St. Kitts, St. John, St. Lucia, Turks and Caicos and Tobago.

Each destination has a different appeal depending on what you’re after.

Curaçao’s newest resort to open since the 1990s caught my eye because it was developed to be part of the 19th century Rif Fort which is a UNESCO World Heritage Site. The room rates at the Renaissance Curaçao Resort and Casino are above what we’d spend, but maybe there are cheaper hotels on the island. My adage is stay cheaper and pop over to the more expensive place for drinks, a meal and browsing.

There are cheaper digs elsewhere. One less expensive family option is The Virgin Island Campground on Water Island for $75 a night.

Reading the article is one way to get your mind wandering. Along with the places to stay suggestions are dive shops and restaurants. I’d use the article as a starting point and then see what else you can find by doing some research yourself. [The photo is of Honey Moon Beach at Water Island. You might be in competition with me if you chose this place.]

Tourists will have to tango with inflation or worse in Argentina

by Josh Lew on

It is starting to look like deja vu for Argentina. The country came out of a terrible financial crisis only a few years ago. The 2001 slide seems like a distant memory for residents of Buenos Aires, who crowd into restaurants and spend their money freely. The government has been busy spending too. They are in debt after revamping the country with new schools and other civic projects.

And, unlike neighboring countries, Argentina did not build up its financial reserves for a rainy day. Now, with inflation at nearly 25% according to economists (the government says its only 10%), there are storm clouds on the country’s horizon. Could there be a repeat of 2001, when the economy came crashing down and tourists became targets of kidnappers seeking ransoms? It’s possible. The US and the IMF, who basically bailed out Argentina in ’01 might hesitate before doing it again. But the chaos of ’01 has not yet hit again. But, with uncertainty in the air, travelers might want to opt for a bit of Southern Hemisphere sun in Brazil, rather than B.A.

[Via Wash. Post]

Expedia’s Profits Don’t Live up to Expectations

by Josh Lew on

Expedia, a giant among giants in the online travel booking game, is struggling. Sort of. The Washington-based company was riding high at this time last year. Their profits for the third quarter of ’07 were just shy of $100 million ($99.6 million to be exact). This year’s third quarter brought $94.8 million. Still respectable considering the hits the travel industry has taken during the summer and fall. And more than enough “walking around” cash for the company’s execs and shareholders. But the announcement that profits did not meet expectations was enough to drive Expedia’s stock down more than 15%. Though the number of overall bookings on the site increased by nearly 7%, the revenue from airline tickets, Expedia’s bread-and-butter, was down nearly 7%.

So it appears that even the muscular travel agencies of the internet are not immune from these poor economic times. If the “big boys” are suffering, imaging what it is like for the brick-and-mortar travel agents who have to compete with fewer people traveling and those who are turning to the internet for better deals.

[Via Seattle Times]

Business travel in the new economy

by Mike Barish on

I happen to love business travel. It’s allowed me to visit exotic locales such as Delhi, India and Schenectady, NY. It’s helped me accrue airline miles that I’ve used for personal trips. And it hasn’t cost me a cent since my corporate card handles all the dirty work. But recently companies have started to encourage their employees to find cheap alternatives to the normal perks of business travel.

In a recent piece in the New York Times, Joe Sharkey points out corporate travel managers are actually starting to recommend that traveling employees stay with friends or family rather than book hotel rooms. Or, if a hotel is absolutely necessary, they are suggesting that coworkers share rooms. Can you imagine waking up next to Fred from Accounting who loves telling you about his Irritable Bowel Syndrome? Well, you may have to get used to it.

I can completely understand companies attempting to rein in travel expenses. Maybe they’ll make adjustments to the list of preferred hotels and eliminate some of the pricier boutique accommodations. Perhaps they’ll ask employees to share rental cars. But asking people to crash at their friends’ houses or share hotel rooms? That’s tacky and inappropriate.

Look, these are tough economic times. People are losing their jobs. Companies are going out of business. By no means am I condoning a completely irresponsible abuse of business travel. But when you travel for business, you are inconveniencing yourself. You’re leaving the comforts of your home, as well as your family and friends, behind. For that you should be compensated and accommodated. So, while I’m willing to stay in the Holiday Inn Express instead of the Ritz Carlton, I’m not willing to share a bathroom with anyone with whom I will have to share a cubicle the next day. Because Fred’s IBS stories are bad enough experienced secondhand.

Ryanair Crews Forced to Take Unpaid Leave, but CEO Optimistic

by Josh Lew on

Low-cost carrier Ryanair will be forcing about 400 pilots and cabin crew members to take one week of unpaid leave. The airline’s brash CEO, Michael O’Leary, said that executives would be hit with a 10% pay cut. The flight crews’ mandated holiday will cost them about 2% of their yearly income.

O’Leary, usually singled out for is over-the-top antics and surly demeanor seemed to be talking sense, for once, when he said that smaller European budget carriers would not survive the current economic sluggishness. However, he was optimistic about Ryanair’s prospects, saying that the money woes will cause people to seek out the airline’s cheaper fares.

O’Leary also said that he is looking to develop trans-Atlantic routes by purchasing larger aircraft from bankrupt or soon-to-be-bankrupt airlines on the cheap. First, though, the airline will have to ride out the current economic downturn and keep their crews from bolting for other airlines.

Source