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Slate News

Perfecting the Balance Between Tourists and Locals

Slate News

Slate Podcasts

News Commentary, Politics, News

4.56K Ratings

🗓️ 26 May 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

In this special episode of Slate Money, Felix SalmonEmily Peck and Elizabeth Spiers. They talk discuss why you should never get the hotel breakfast, whether locals should get discounts at popular spots, and whether you should avoid tourist traps. 

 

Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. 

Podcast production by Cheyna Roth.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hello and welcome to Slate Money Travel.

0:10.8

I'm Felix Salmon of Axios.

0:12.5

I'm here with Emily Peck of Axios.

0:14.2

Hello, hello.

0:14.8

I'm here with Elizabeth Spires of New York Times.

0:17.5

Hello.

0:17.8

And we are going to talk about how much things cost these days.

0:25.1

And specifically, because we are not actually boomers,

0:29.3

we are going to talk about how much things cost in towns where there are a lot of tourists.

0:34.8

And I have this theory, which I have been waiting to spring upon my interlocutors here,

0:42.0

which is that if you are flying to a tourist destination,

0:46.9

you are spending a lot on plane tickets, you are spending a lot on hotels,

0:52.1

this is a large, expensive thing you could spend, as we also heard in this series from

0:58.1

Hillary Frey, like $5,000 just going to Disneyland for four days.

1:02.9

So at that point, everything else kind of becomes a rounding error.

1:09.6

And so an expensive meal, an expensive museum visit,

1:14.2

something like that, it's just like, well, you know, I've spent all of this money now. It's an extra

1:18.2

less than 1% on the total cost of the trip. It's the experience I'm coming for. If you're going

1:24.1

all the way to Amsterdam, then it doesn't really matter how much you spend to go to the Rakes Museum because that's the whole point.

1:31.4

And percentage-wise, it's nothing.

1:33.4

Whereas if you live in Amsterdam or if you live in New York and you want to go to a museum or see a Broadway show or something like that, then the price really matters.

1:43.9

And so I feel like

...

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