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"The economic crisis impacts all of us in different ways, " says Fiona Jeffery, chairman of the World Travel Market.
BBC: Tourism chiefs fight economic woes
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Despite the bleak outlook, industry professionals at World Travel Market were upbeat and focusing on the positive fallout from the economic crisis.
CNN: Global tourism feels the squeeze
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The World Travel Market in London in November hosts nearly 50, 000 attendees and the giant Consumer Electronics Show in Las Vegas draws nearly 150, 000 each January.
BBC: Business travel outlook for autumn
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The impoverished central African country also made its debut at the World Travel Market in London in September this year, signaling to the world that it means business when it comes to boosting tourism revenue.
CNN: Congo's erupting volcano boosts tourism
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And as America is the biggest single air-travel market in the world, it would be sensible for Europe to act as a single air-travel market too.
ECONOMIST: Pterodactyls across the Atlantic | The
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Other well-known chefs now travel the world and use Pop Ups as a way to market their home restaurant in local popular restaurants or even resorts, which offer dining rooms and advertise food-driven events featuring these chefs.
FORBES: Brick And Mortar? Pop Up? How 'Bout A Truck?
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"The global market has forced a lot of people to travel extensively around the world, and by doing so, they are being exposed to really some exquisite hotel living, " said Leonard Steinberg, a sales broker with Douglas Elliman.
WSJ: Hotel living is the norm at wealthy NYC apartments
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The UK travel industry insists the country's holiday market is among the cheapest in the world and that prices are fair.
BBC: NEWS | UK | Education | Parents 'ignore holiday fines'
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According to the World Tourism Organization, by 2020 China will have 8%, the biggest single share, of the international travel market.
FORBES: Home, Sweet Home