albatross710
Established Member
- Joined
- May 15, 2004
- Posts
- 3,799
During the last week I have been unusually social. The topic of conversation has turned to plans for 2011. The people I've been talking to are planning overseas holidays as it is so attractively priced factoring in the exchange rate.
I know that I as a humble SME can fit in trips to Germany (booked and paid), USA (75% committed), China (50% committed). Others I spoke to are thinking sabatical, skiing and taking the kids to see the world.
Consider the local tourism industry. They are going to have to take a haircut to be competitive. As a flow through of price reductions on imported goods, my competitive assessment suggests that local operators are going to have to reduce prices so that overseas looks less attractive. Why stay on the Gold Coast for $200 a night when Singapore is so close.
One person I spoke to said it costs him >$1,000 to fly BNE-ISA but Jetsar have $500 flights return Japan. Over the year these sort of comparisons start to flow through to our holiday and leisure plans. Why fly to Melbourne to drive the great ocean road when we can fly to USA, for more $$$ but believe we can justify the extra $$ with the experience.
So, is anyone going to holiday in Australia 2011?
Alby
I know that I as a humble SME can fit in trips to Germany (booked and paid), USA (75% committed), China (50% committed). Others I spoke to are thinking sabatical, skiing and taking the kids to see the world.
Consider the local tourism industry. They are going to have to take a haircut to be competitive. As a flow through of price reductions on imported goods, my competitive assessment suggests that local operators are going to have to reduce prices so that overseas looks less attractive. Why stay on the Gold Coast for $200 a night when Singapore is so close.
One person I spoke to said it costs him >$1,000 to fly BNE-ISA but Jetsar have $500 flights return Japan. Over the year these sort of comparisons start to flow through to our holiday and leisure plans. Why fly to Melbourne to drive the great ocean road when we can fly to USA, for more $$$ but believe we can justify the extra $$ with the experience.
So, is anyone going to holiday in Australia 2011?
Alby