Increase In Tourists To America

Due to the recession American restaurants and hotels have cut their prices drastically, leading to more and more people to visiting the US. The British pound hit US$1.60 and is encouraging travelers hit hard by the crisis to visit while prices are at an all time low. Many airlines have started selling budget fares, with hotels often providing deals in which tourists will receive low room rates and a free night’s stay. In the first quarter of 2009 travelers spent US$11 billion on Visa cards, down from US $12.9 billion in the first quarter of 2008.
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