Cheap Cruises Turn More Popular Than Exotic Destinations During The Recession.
As a US senate hearing highlights the problems within the travel industry, in the middle of the heaviest recession to date, other parts of the industry thrive.
Roman, Romania – 20th May 2009: Due to the global economic recession, huge financial problems have arisen for exotic tourist destinations such as Uganda, Brazil and Egypt. Meanwhile, other areas of the tourism industry, such as those offering discounts on high-end holidays, or budget holidays closer to home are thriving.
Once thought to be immune to the negative effects of the recession, certain areas of the usually lucrative travel industry have had to cut costs, lose staff and even shut down. For companies such as Only Pay Tax Inc. a travel agency offering both exotic and more localised holidays for a cheaper rate than the ’big names’, this is actually great news.
“The credit crunch surrounds us on a daily basis” says CEO of Only Pay Tax Inc., Lacatus Bogdan, “people are in need of a cheap vacation; something they can afford, but at the same time gives them great pleasure.”
Only Pay Tax Inc. formed just two months ago in March 2009 with the aim of helping people take a break from daily routine that they can actually afford. Company CEO Lacatus Bogdan, an experienced Internet Marketer from Romania has his contacts, friends and affiliates from the US and around the globe to thank for the cheap hotels and cruises he can offer OnlyPayTax.com customers. The company offers cheap vacation options for customers on all continents, for a lower price than the majority of travel companies, many of which are now going bust.
As the recession drives on without immediate hope of improvement just yet, signs of financial discord within the travel industry are beginning to show. While there has been a shift from customers seeking exotic foreign holidays to ones closer to home, travel company Only Pay Tax Inc., are seeing a vast improvement in business, for their cheap cruises, cheap hotels and cheap vacation options.
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