The October 31, 2009 Reservations Activity Outlook and Daily Occupancy Report (if applicable for your Destination) have been completed and posted in the secure portal at www.mtrip.org. We are now moving to the roll-up of all Property and Destination-level reports into the overall Industry view, which will be posted during in the latter part of […]
2009 Reservations Activity Outlook and Daily Occupancy Report
Average airfare fell in 2nd quarter nearly to ’98 levels
By Charisse Jones, USA TODAY In this year’s airfare wars, just how low did they go? The average domestic fare in the second quarter was nearly identical to ticket prices during that period in 1998, according to statistics released Wednesday. The average fare for a domestic trip from April to June was $301, down 13% […]
Vail Bets Recession Over as U.S. Ski Resorts Begin Recovery
Oct. 26 (Bloomberg) — Vail Resorts Inc.’s season pass sales rose 13 percent in September as skiers eager for powder prepared to make tracks a year after the financial crisis. “This year the economy is still struggling but there is more confidence that it’s not getting dramatically worse,” Robert Katz, chief executive officer of Vail […]
U.S. Economy Began to Grow Again in 3rd Quarter
The nation’s gross domestic product expanded at an annual rate of 3.5 percent in the quarter that ended in September, matching its average growth rate of the last 80 years, according to the Commerce Department. But government programs to encourage consumer spending on things like cars and houses are expiring, and employers remain reluctant to […]
Tight Travel Budgets for 2010
During any other year, that might signal a business boom. But few things seem normal in a year when the travel industry has been turned upside down by companies severely cutting back. Bush’s double-digit increase will follow a 50% cut in his original 2009 budget. In 2010, he plans to log about 15 trips, up […]
Airfares are starting to inch back up
Airfares are starting to inch back up, signs indicate, even on the prices of tickets on sale. Southwest (LUV), the nation’s leader in low-cost flying, this week introduced a sale on fares with prices on some routes higher than the lowest fares customers have come to expect. They included a $118 round trip between Phoenix […]
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