A few thoughts and comments since my last post on this subject: This thread is now nearly two months old. A lot has happened since then with regard to the price of oil and gas at the pump. IMO the psychological impact of $4 a gallon gas is pretty substantial. People in my office, who can easily afford $4 a gallon gas, can do nothing but talk about how they are making cutbacks in their spending, leisure driving, etc, in an effort to counterbalance higher fuel costs. A local newspaper article quoted a restaurant owner who said business was still good, however went on to say that the European tourists were ordering high end wines like crazy, and while Americans were still coming, they were scrutinizing their selections, looking to cut a few bucks here and there. With regard to full airplanes, keep in mind airlines are cutting back their frequency of flights as well as operating smaller jets. While you flew in a 100-seat 737 last year, your next flight between the same two city pairs might very well be in a 70-seat regional jet. Yesterday, for the first time in years, I noticed a very high end resort, the Bernardus Lodge in Carmel Valley, CA, pop up on Hotwire. I have long wanted to stay at this property, but didn't want to pay $400+ per night to do so. Now you can pick up a room here on Hotwire for $242. Coincidence or sign of the times? You decide!