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Sad to See Summer End? Travel Industry Is, Too

Article Abstract:

Labor Day holiday weekend travelers may bring welcomed profits to the travel industry, but the weak US economy continues to impact a financial recovery for airlines, hotels and other travel services. Because corporations have established their travel budgets based on reduced earnings , industry experts do not expect improvements in the fall and winter. The Oct. 1, 2003 reinstatement of the airline security fee of $2.50 per traveler ?is expected to have a negative impact on business travel by corporations that fly thousands of employees annually.

Author: Maynard, Micheline
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
Automobile Rent & Lease, Passenger Car Rental and Leasing, Lodging & Tourist Services, Accommodation, Hotels & Motels, Hotels (except Casino Hotels) and Motels, Automotive Rentals, No Drivers, Motor Vehicle Rent & Lease, Automotive Equipment Rental and Leasing, Hotels and motels, Automobile lease and rental industry, Car leasing, Car rental, Business travel, Security systems industry, Westin Hotel Co.

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US Airways Plans a Major Overhaul of Where It Does and Does Not Fly

Article Abstract:

US Airways will dismantle its hub in Pittsburgh and move out of its hub-and-spoke routes, instead emphasizing direct flights in and out of Philadelphia, Boston, Washington D.C. and New York. The plan is aimed at protecting its market share in its best markets, and will take effect this fall.

Author: Maynard, Micheline
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
Strategy & planning, Services information, Air Transportation, Scheduled, And Air Courier Services, Planning, Services, US Airways Inc., Company business planning

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Foreigners Shun New York, Keeping Hotel Rates Down

Article Abstract:

While more people are visiting than ever, international tourists continue to avoid New York City, reflected in 17% lower hotel prices than in 2000.

Author: Steinhauer, Jennifer
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
New York, Beliefs, opinions and attitudes, New York, New York, Bloomberg, Michael

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Subjects list: United States, Economic aspects, Finance, Airlines, Travel industry, Statistics, Company sales and earnings, Company earnings/profit, Tourism, Terrorism, Company financing
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