-- went into freefall . Now the Icelandic Tourist Board is wooing travelers by highlighting the favorable exchange rate . Icelandair is offering a Christmas special for travelers from the U.S. . The package - which includes airfare , a three-night hotel stay , a visit to the Blue Lagoon and airport transfers - starts at $ 699 a person for a double room . For European visitors , it 's promoting a number of three-night city breaks -LRB- flights and hotel included -RRB- . Packages from London start at # 249 . See photos of Iceland and other places you can catch a bargain '' Surf 's up The downturn in the U.S. has hit Hawaii tourism hard . Visitor arrivals are expected to tumble nine percent this year , making it the biggest annual drop since 2001 , according to the University of Hawaii Economic Research Organization . Hawaii has suffered from a sharp decline in flights from the mainland . Aloha Airlines and ATA accounted for roughly 20 percent of flights to the Big Island from North America before going out of business earlier this year . In response to slumping visitor arrivals , Hawaii 's Visitors
LONDON , England -LRB- CNN -RRB- -- Stop brooding over the financial crisis , and start packing . Some tour operators are offering packages to Hawaii at prices lower than a year ago . The economic downturn has dealt a heavy blow to the global travel industry as travelers have tightened their grasp on their wallets . But there is a silver lining to the meltdown . The turmoil has roiled currency markets , making some once-pricey trips more affordable . Other popular spots are rolling out deals and special packages in a bid to lure travelers . Whether you 're paying in dollars , pounds or euros , there 's a travel deal out there for you . Here 's a look at four of them . Cool as ice Iceland was once prohibitively expensive for many people , but now the tiny island nation is rebranding itself as a budget destination . Iceland 's economy was booming a few years ago , fueled by the availability of cheap credit . But the collapse of the country 's financial system has reversed its fortunes . The government has nationalized the banking system and the Icelandic currency -- the krona