Tuesday, August 26, 2014

PLEASE explain this interesting paragraph ?Recession tourism Recession tourism is a travel trend, which evolved by way of the world economic...

This paragraph is describing the notion of recession tourism.  Essentially, what it is articulating is that during a recession and times of financial difficulty, tourism is one of the first areas to suffer.  It makes sense in that people see tourism and vacationing as a "luxury," and one that cannot be indulged during a time of economic challenge.  Yet, over time, individuals have to balance the fact that recessions and economic downturns are not going to resolve themselves overnight.  Like all difficult and challenging elements in consciousness, the longer it persists, the greater the chance one becomes more accustomed to its presence.  The initial shock and apprehension that was present in the early stages of the economic recession has given way to an understanding that either things are not as bad as intially experienced or that individuals are becoming more used to the idea of economic challenges being present.  In the end, these individuals learn how to balance the economic demands of frugality with the luxury indulgence of travel and vacationing.  The child of this merger is the notion of "recession tourism," where there is vacationing, but on a smaller and more cost effective scale.  Landau points to his own native Panama as one such location where "recession tourism" makes sense.  The generic and scenic nature of Panama  as well how far the dollar goes in terms of value makes it a "recession tourist" locale because people can still receive the effect of vacationing and tourism without the economic challenge in a time defined by economic hardship.

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