Agree Rick there is always a risk including leaving the house in the morning. Different segments of the population in any country may or may not be in recession; I think what is relevant is to look at the social/economic/demographic of the portion of the population that goes to the islands. There will be an economic recession for truck drivers when autonomous trucks are the norm on highways. There is a boom going on for mid life residents of Toronto and Vancouver as the baby boomers pass away and provide their offspring with large inheritances due to the property values in those two cities. No question that the tone of a national economy has bearing on how people feel about spending money but even in a depression the values don't go to zero. Also please don't think that what happens in the US necessarily occurs in other countries - the world is a big place in many ways.