The recession in many countries is unfortunate, but for some travelers not affected by the crisis can profit from this opportunity.
In destinations where you can travel in luxury inexpensively, Latin America is the first choice being less expensive than other European countries.
South American is suffering with a price reduction of about 18% in the first half of 2009. Other destinations like Brazil, Argentina, Peru and Mexico sometimes offer luxury rooms for only 100 dollars a night.
To keep some establishments open for interested clients, South Cancun in Riviera Maya, hotels are offering a 50% discount on stays of less than 2 nights. This is surely the best time to experience a South American getaway.