Over the last 30 years, the price of airfare has fallen over 50%. It goes to show, since airlines have lost money every other year since 1981. The tourism industry bled $51 billion in the 10 year span between 2001 and 2011 as more competition entered the space.
Jim Chanos At Invest For Kids: Short This Tech Company As Profits Slump
At this year's Invest For Kids conference, hedge fund manager Jim Chanos pitched a tech giant as his favorite short idea. Jim Chanos is a Wall Street legend. The president and founder of Kynikos Associates made his name shorting Enron in the 1990s. He has since identified some of the most profitable shorts in the Read More
The Economic Impact of Tourism by Country and State
Infographic source: Online Accounting Degrees