News and Deals: October 23, 2012 – NYC putting foot down after $442 pedicab fare, Greek tourism industry fares better than feared, Airlines Must Compensate Delayed Passengers, EU Top Court Says and Recession sparks slump in national park visits

New York Times Square

NYC putting foot down after $442 pedicab fare
Boston.com

Even in an era of $500 hotel rooms and $18 cocktails, the $442 that a Texas family paid for a ride in a New York City pedicab has become notorious.

The outrageous fare made headlines in the city’s tabloids over the summer, and since then, officials have been pushing for a simplified pricing structure so tourists don’t get taken for a ride.

Even operators of the pedicabs — essentially adult tricycles with a padded seat that can carry three passengers — say publicity over the mother of all shakedown fares has given all of them a bad name.

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Greek tourism industry fares better than feared
The Daily Star

Greece’s tourism industry was less affected by the economic crisis than previously feared, with arrivals and spending falling by 5.9 and 3.4 percent between January and August, the Bank of Greece said on Monday.

Tourism experts and local media had painted a much bleaker picture for the industry in the spring, based on visitor fears of a political and social crisis in Greece as well as speculation on the country’s possible exit from the eurozone.

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Airlines Must Compensate Delayed Passengers, EU Top Court Says
Bloomberg

Airlines are obliged to compensate passengers who have been delayed by more than three hours, the European Union’s highest court said in a ruling that confirms an earlier, precedent-setting decision by the court.

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Recession sparks slump in national park visits
USA Today

Contrary to the assumption that cash-strapped tourists flock to U.S. national parks during a recession, a new University of Georgia study ties a decline of nearly 10 million visitors since 1998 to a lousy economy.

Though overall park visitation has dropped to about 280 million, the decrease hasn’t been uniform, note researchers at UGA’s Warnell School of Forestry and Natural Resources and the Catholic University of Korea’s department of economics.

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Matt has a true passion for travel. As someone who has a bad case of the travel bug, Matt travels the world in order to share tips on where to go, what to see and how to experience the best the world has to offer. Also follow Matt on Twitter, Facebook and