Competition puts brake on soaring room rates

Article Abstract:

The dramatic increase in the number of hotel rooms available in Prague since the new post-communist economy of 1990, has brought down price of hotel rooms to a more reasonable level. Over 45,000 rooms are now available in 1995, in contrast to only 8,000 rooms in 1990. Prague has a thriving tourism industry, which means that each room still has an average 65% occupancy. The 23% VAT has been a cause of concern for Prague hoteliers, who feel that this will have an effect over the city's popularity with tourists.

Czech Republic, Hotels and motels

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Islands of the Caribbean: all-in success for the Caribbean

Article Abstract:

Caribbean holidays are being successfully marketed as all-inclusive packages. This idea was pioneered by Jamaican companies, and hotels and tourist centers are continuing to invest and add to their attractions. FDR has opened 90 rooms at the Braco Village project in Jamaica, with 90 more rooms scheduled, in addition to a hotel, golf course and other sporting facilities. Crafts will be sold by local tradesmen. SuperClubs and Sandals are also investing in Caribbean tourism projects.

Lodging & Tourist Services, Accommodation, Travel industry, Caribbean Islands

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Booking fees threat nearer

Article Abstract:

The European Commission is preparing to force travel agents to pay computer reservation system booking fees meaning average bills of $750 a month per terminal. The trade has claimed that the proposals would force many agencies out of business, and some airlines and CRS companies believe that the EC should let market demands control booking fees.

Travel Agents, Travel Agencies, Finance

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