I think it is already affecting tourism everywhere. We own a side business in a tourist town and just within the last month we have really seen an effect. We usually get a lot of customers from Europe and Asia and we just aren't seeing them. Mostly only day-trippers and even they are dialing back spending.

Our December airfare is costing me $6000 for my family. Add to that the villa, travel, food etc......This year is locked in but if this keeps up it is going to get harder to justify that cost. I always thought our trips were a given-until now. And I can't be alone in that.