Now is the best time to look to Asia

Since the invention of the jet engine, the worldthousands of people were employed, then tens of
has become a smaller place. Journeys that usedthousands. Western tourism was a key element in
to take weeks by sea can be done in a single daylifting many countries out of poverty. Coming into
by air. For some years, the cost of flying kept itthis century, everything was looking on track for
a very exclusive club but, as prices dropped,continuing growth and then a double whammy.
more people took to the air. When the reallyThe global recession hit. People in the West
“big” planes started to get offsuddenly found their credit drying up as banks ran
the ground, people could afford to go vastinto trouble. Unemployment began to rise, and
distances for their holidays. Asia opened up as aforeclosures marked the end of the housing
tourist destination. Who could ask for more?bubble. People no longer had the same amount of
Spectacular scenery, fabulous beaches, exoticdisposable income to spend on holidays. Add to
cuisine and great service from welcoming localthis the political troubles. Demonstrations shut the
people. It was a marriage made in heaven andmain airport into Thailand for a week. Terrorists
local economies in the East began to build theirattacked Mumbai. The war in Sri Lanka flared into
resources. New hotels were erected, new resortnew violence. Put all these together and you have
facilities carved out of the landscape. First,a recipe for a disaster.