By Isaac Bullen
In recent years the world’s economy has been dealt some massive blows which have been passed down and felt by everyone especially middle and working class people. The “Global Recession” has become the subject of much negativity, but I would like to highlight a few benefits that you, as a consumer, can take advantage of and save money this Christmas shopping season.
Save Big
Opportunities like this arise in times of hardship because the net effect means many businesses have fewer customers and ultimately lower profit margins. This combination means unless their business has lots of liquid assets or they fold, they will need to evolve to meet the needs of their customers.
Firstly, fewer people are flying abroad on vacation or have decided to take domestic flights over international ones in an effort to save money. Airlines may entice you to return to your regular holiday retreat, by offering subsidized or discounted rates on some of their routes. The airlines are offering deals purely to get people to fly again and to return to places they are used to visiting. At the end of the day if they don’t encourage such travel then they may have to stop running that route. This is mutually beneficial for both the aviation industry and savvy consumers.
Secondly, travelers are spending less, where they were once booking a 5-star hotel stay they might opt for a 4- or 3-star hotel. Alternatively, they will look elsewhere for the same quality from a competitor.
Hotel Savings
Much like the aviation industry, many hoteliers and those in the accommodation industry have had to rethink how they obtain customers. Many have decided to reduce the cost of accommodations in an effort to bring in more customers who individually pay less, but combined pay enough for them to continue operating.
The best place to begin making savings on your trip, either by downgrading or shopping around, is on the Internet. Regardless of where you reside there are savings to be made, with comparison websites allowing you to compare the market leaders in aviation, vehicle rental, accommodation and travel insurance.
Independent Operators
Before making any purchases shop around with independent operators not listed on the comparison sites, these can be found on various search engines as the comparison site doesn’t always list every operator — usually only those who offer affiliate schemes whereby a commission is paid on each sale generated.
Consumers have been reaping important savings in a bid to reduce their overall expenditures while enjoying the same quality of life. Research thoroughly to enjoy significant savings this holiday season.
Author Information
Isaac Bullen writes for RentalReserve Ltd., an apartments online booking company specialising in both Serviced Apartments in Edinburgh and Serviced Apartments in Glasgow. Every apartment they list can be booked online.
Photo Credit: Kurhan
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