Every travel conference that I attend (whether in person or like #phocuswright this week, digitally), there are statistics bandied about. I love the title of this blog, as it is a tongue in cheek slam on the whole field of statistics. I do have a healthy respect for true research and the statistics that come …
As a result of Congress missing today’s sequestration deadline, a series of large automatic spending cuts are set to take place for federal programs and the travel industry is not immune. Over the next nine years, a total of $1.2 trillion in cuts will take place – with $85 billion in automatic spending cuts occurring …
TRAVEL IS ONE OF AMERICA’S LARGEST INDUSTRIES Generated $1.9 trillion in economic output in 2011 Directly generated $124 billion in tax revenue for local, state and federal governments TRAVEL IS AMERICA’S LARGEST SERVICES EXPORT INDUSTRY Generated $153 billion in travel exports. Combined with $110 billion in travel imports creates… $43 billion in balance of travel …
US Travel Association reaches out to educate voters and legislators Read More »
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 …
It is time for “If Airlines Sold Paint” again……. I’m not happy Read More »
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 …
Smith Travel Research reported today that the US Hotel Industry posted declines in two key performance measurements for this past week. Occupancy fell 7.3% to 64.2% and the revenue per available room fell 7.1% to close at $69.76. The average daily room rate stayed fairly steady at a .1% increase to $108.61. Brad Garner, VP …
Hotel performance metrics down year over year – mirroring airline capacity declines Read More »
