Month: November 2008

Over the river and through the woods – 2008 style

Be patient while the video buffers, once you hit the play button!! As I mentioned, VFR (visiting friends and relatives) travel is at its highest in November and December. If you are reading this from grandmas, then you will understand the over the river and through the woods title. Reaching this market is key to […]

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Declines seen in all three key hospitality measures in October

This week, Hendersonville TN based Smith Travel Research posted October 2008 results for the hospitality industry. No surprise that all three key performance measurements showed a decline, including the first year-over-year decline in ADR (average daily room rate) in more than five years. This indicates that hoteliers are bending under the pressure of lower occupancy […]

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Back from PhoCusWright

Great week, albeit long. Reconnected with lots of old friends and met some new ones along the way. I’ll resume my musings about distribution on Monday. Have a super weekend.

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Musing from PhoCusWright – Life = Risk

I was just going through my mail at the end of a very long, terrific day at PhoCusWright. Over 1000 attendees, despite the grim economy. TONS of new players. I missed the innovation day yesterday. My mail contained the list of finalists in the Center Stage 5 minutes of fame contest, culled down from the […]

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It is time for “If Airlines Sold Paint” again……. I’m not happy

I’ve been in this industry for 30 years, so nothing should surprise me. But this morning, I am downright angry at Delta. Perhaps it is unfair to single them out, because I suspect that others have policies that are just as insane, but nevertheless I feel honor bound to rant this morning and this is […]

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Gas prices down and the stock market up – this is good!

Last night as I was watching the evening news, I was frankly startled to see oil prices down in the $50 range. In fact today, it closed at $58.24 per barrel, which is the lowest we have seen since January 2007. The stock market had a wild ride today. The Dow dropped briefly below 8,000 […]

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How to increase travel sales in a grim economy

It is a simple question really. There has to be a way. The title for this blog was inspired by an article with a similar title published by Forrester today – How To Increase Grocery Sales In A Grim Economy. But the conclusion of my analysis couldn’t be farther from the Forrester conclusion. Author Bracewell-Lewis […]

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Financial Markets react to historic election of Obama

With the economy as a clear priority of the new administration, the world markets reacted to the election of Barack Obama, with investors voting with their wallets.In Asia, the Nikkei, the major index for the Tokyo Stock Exchange, closed up 4.5%. South Korea’s Kospi composite index finished with a 2.4% advance, according to Dow Jones. […]

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Is the reported “airline recovery” just the upside of the jetfuel roller coaster?

In an article in the Financial Times yesterday, Justin Baer reports that the “US Airlines pull out of a tailspin“.Airlines are indeed enjoying much lower fuel costs than they did in the summer of 2008.Perhaps the use of the word “enjoy” and the notion that recovery is around the corner is a bit like a […]

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The Travel Economy – Poised to bounce back?

Yesterday morning I was listening to a program where a Houston preacher was talking about how various trees react when subjected to hurricane force winds. While he was taking about our character and nature as it relates to the trees, it occurred to me there is also a very strong parallel to the economy. In […]

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