Originally Posted by
Kate_Canuck
Are you facing a shrunken travel budget for 2009 and, if so, are you travelling less, spending less when you travel, or using points/miles?
In theory considering the falling hotel and airfare prices and rising dollar 2009 should be a point/mile earning not burning year.
The same Hilton Venice mentioned by OP was going for $350+ 18 months ago when I spent my points there but it's $150-200 right now.
For the same reason now is a great time to buy a car, invest in stocks etc etc
Of course if one's personal travel (or any other) budget is non-existent the point is moot.