Lots of Foreign Tourists this Morning
Did you see a higher than average amount of foreign tourists on your train this morning? I sure did.
There was a large group of what sounded like Swedish tourists on one side of me. Then on the other end were a bunch of Germans. There’s definitely no mistaking the German language.
I wonder if this is just a taste of what’s to come this holiday season.
I’m all for the foreign tourists (as long as they keep walking on the sidewalk). Bring us your Euros!
When I noticed that the market opened -300 points this morning, I almost spit my coffee on my computer screen. Way to go bailout.
The European economy is starting to feel the pain of our problem as well. So it makes me wonder if we will see even more tourism than we did last year. With our economy in the crapper, travel should be pretty cheap, right?
Domestic travel is certainly going to be down. People from around the US are definitely not going to fly to New York for a trip, and spend $500 a night on hotel rooms. So those rates will probably drop and get scooped up by international travelers.
And the stores are going to start the holiday insanity sales even earlier this year. So they’ll be here in droves to buy all our Levi Jeans and Reebok sneakers.
Of course, Europeans are fans of mass transit, so they tend to take advantage of the subway. Combine that with more and more Americans leaving their cars at home in favor of mass transit, and we’ve got crowding. It’s going to be “interesting” to see if the system can handle the load.