Apropos to my last post I just read an interesting NY Times article “Low-Cost Options on High-End Tours”. The article has some interesting examples of luxury travel operations offering lower-cost options.
Another interesting tidbit from the article:
“Whenever there’s a blip in the economy, we do well,” said Darrell Wade, chief executive of Intrepid Travel. In October, when most high-end tour operators were reporting declines in bookings, his company was up about 10 percent, he said.
Intrepid offers a compelling price point so it makes sense that their numbers are up during a recession.