Hotels and Car Rentals
Hotel Occupancy Rates Drop, Putting Pressure on Room rates There’s more room at the inn for U.S. travelers, with the U.S. hotel industry finishing 2009 with an occupancy rate that was 4.2 percent lower than at the end of 2007, according to hotel consulting company STR. The industry saw a decent start to the year, but became extremely negative during the past four months. Although occupancies fell, average daily room rtes actually increased by 2.4 percent. STR says the hotel industry will stay at this level for the next few months, but will see some improvements in the second half of the ...
Hotel and Car Rental April Update
Hotel Prices Fall 12 Percent Worldwide Hotel prices are falling, according to Hotels.com’s Hotel Price Index. Rates for hotels in December 2008 were more than one tenth lower than they had been a year earlier and just one percent above their level in January 2004. North American rates fell the most, down 12 percent in the fourth quarter of 2008. (Source: HPI, STR Global press releases). Omni Hotels Offers Triple Miles with American, United Omni Hotels is offering members of its Select Guest program the opportunity to earn unlimited triple miles in the American AAdvantage and United Mileage Plus programs. Guest Select members also get complimentary Wi-Fi, morning beverages, pressing, ...
Airlines and Security Updates for May
Air Travel Demand Falls Fifth Month in a Row The Air Transport Association of America reported that passenger revenue fell 23 percent in March 2009 versus the same month in 2008 - the fifth consecutive month in which passenger revenue has fallen from the prior year. March passenger traffic on U.S. airlines fell by 10 percent, while the overall cost to fly one mile fell by 13 percent. Declines extended beyond the mainland United States to transatlantic, transpacific and Latin markets. (Source: Air Transport Association press release). Airlines Cut Fares JetBlue Airways trimmed $100 off some of its ...
Travel reviews by JD Power and IBM
Hotels Hospitality Industry Confronts Impact of Economic Downturn Occupancy and revPAR levels for U.S. hotels continue to decline through the first week of November (latest available data) though ten top markets posted brisk growth in occupancy levels, room rates and revPAR through October. Hotels in the United Kingdom as well as in Europe overall registered revPAR declines based on sliding occupancy levels. The hotel construction pipeline grew 28% worldwide at the mid-year point (latest available data) although signs point to a developing fall-off and in the U.S., the number of guestrooms under construction decreased by 5% in October. Car Rental Car Rental Customer Satisfaction Continues to Decline ...
Business travel & Delta Northwest Merger News
North American Carriers Are Single Bright Spot in Dismal Global Aviation Market The International Air Transport Association revised its outlook for global aviation last month, forecasting $4.7 billion loss for 2009, a bigger loss than the $2.5 billion it projected in December. But it said that North American carriers were doing the best and forecasting a $100 million combined profit for the year for them. IATA said they had matched a 7.5 percent fall in demand with 7.5 percent in capacity cuts. It also said they benefited management and lower spot fuel prices. The current economic turmoil is hitting Asia Pacific carriers the hardest. The Middle East is the only region ...
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Spring is upon us here in the southeast, U. S. and with it begins what the travel industry calls wave season. The term came from the cruise industry which sees a tremendous surge of reservations this time of year. If you have never been on a cruise, you are not alone. Over 85% of people in the U. S. have never cruised. If your in a badly need of that long awaited vacation, and this may be a great year to give it a try. read more..
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Alaska cruises are one of the best ways to visit Alaska. Cruises feature glaciers, wildlife, great food, entertainment, interesting ports of call and fascinating tours along the way, and you only have to unpack once! There are a number of different cruise itineraries in Alaska offered by most of the major lines.
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