While many European and Caribbean destinations are seeing tourism fall off a cliff, Latin America still seems to be holding up well, with some destinations still seeing year-to-year increases. I just saw this first-hand on my two-week trip to Peru. The local Casa Andina chain is on a tear opening up new hotels, but unlike in much of the rest of the world, they are actually filling them up each week. The new La Casona de Inkaterra boutique hotel in Cusco is a masterpiece and is already booked out for part of high season.
I also talked with several tour operators there that are seeing record bookings for 2009, not just in Peru, but in Argentina and Chile as well, despite the down economy all over.
Luxury travelers are apparently finding that trading down doesn't have to be unpleasant if they pick the right destination.
Heading to Latin America is just naturally a better value. Great service and facilities for far less than the old standbys.
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