Cheap air fares are one thing, but then there's a matter of
lodging once you get there. I'd trade the air fares of the
1990's for a return to reasonably priced (in US dollars)
hotels in London. I know, I know, it's the exchange rate
and all.

There's a resurgence in tourism by North Americans to
Central and South America as a result of the high Euro.

Buenos Aires and Santiago, anyone? Tierra Del Fuego?