Caribbean Sees Deep Price Cuts
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The recession is cutting into the Caribbean's travel industry in a profound way, according to CNN
"The deals we are seeing in the Caribbean right now are unprecedented," says John Israel, Orbitz.com's Caribbean regional director. "There may have been similar deals post-9/11, but the breadth and depth of the offers right now really are the best we've seen in terms of value region-wide: Resort and spa credits, food and beverage credits, free nights and nightly discounts on vacation packages that amount to a 'fly free' credit.
The fairly lengthy article talks to a number of travel execs in the region.