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The site is very well indexed (close to 100% of several thousand pages), and remains so, but traffic levels have plumetted.
This is obviously a serious concern and we need to understand whats going on.
Has anyone else experienced any significant changes with Y! traffic (and SE's using Y! data) over the past 48 hours?
P.S. My site is in travel too.
Usually what I do when something like this happens is to analyze the sites that were removed and to analyze the sites that are still ranking.
If you look at all the pertinent factors you will start seeing commonalities. Then you can take your site and try to replicate this.
The only time this doesn't work is if you have a penalty. In that case you would need to write to webmasterworldfeedback@yahoo.com