Thursday, December 31, 2009

“Travel + Leisure Magazine puts two Asheville hotels in world's top 500 - Mountain Xpress (blog)” plus 1 more

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Travel + Leisure Magazine puts two Asheville hotels in world's top 500 - Mountain Xpress (blog)

Posted: 31 Dec 2009 09:46 AM PST

newsobserver.com reports that only three North Carolina hotels made Travel + Leisure Magazine's list of top 500 Hotels in the World for 2010.

Two are in Asheville. Unfortunately, one of them burned to the ground in 2009: Richmond Hill Inn. Lucky for travelers seeking the "best," there's the Inn on Biltmore Estate, which is the other hotel to make the list.

For the full list of the 500, go here: http://www.travelandleisure.com/tl500/2010

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AP TRAVEL AND LEISURE DIGEST for week of Dec. 21 - Daily Mail - Charleston

Posted: 22 Dec 2009 01:39 PM PST

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Wednesday, December 30, 2009

“Hotels in San Diego, Miami Beach and Maine make Travel + Leisure best list - The Canadian Press” plus 1 more

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Hotels in San Diego, Miami Beach and Maine make Travel + Leisure best list - The Canadian Press

Posted: 30 Dec 2009 04:25 AM PST

NEW YORK — The Grand Del Mar in San Diego, The Setai in Miami Beach, Harraseeket Inn in Freeport, Maine, and The Palazzo in Las Vegas, are among the new properties that made Travel + Leisure magazine's list of the 500 best hotels in the world.

The list also includes 66 properties that offer rooms for US$250 a night or less, including the Inn on the Alameda, Santa Fe, N.M.; Hotel Lucia, Portland, Ore.; and Rockhouse Hotel, Jamaica.

The No. 1 hotel in the U.S., according to the magazine, was the Inn at Palmetto Bluff, in Bluffton, S.C. Other top domestic hotels included the Ritz-Carlton Bachelor Gulch, in Beaver Creek, Colo.; the Ritz-Carlton in Naples, Fla.; the Halekulani in Oahu, Hawaii; and The Carlyle in New York.

The list is based on the magazine's 2009 World's Best Awards readers' survey results. As part of the survey, Travel + Leisure readers rated hotels on several characteristics including rooms/facilities, location, service, restaurants/food, and value. The complete survey methodology is available on http://www.travelandleisure.com/worldsbest.

All 500 properties are featured in the January issue of Travel + Leisure and on http://www.travelandleisure.com/tl500.

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Is Leisure Travel Poised to Take Off in 2010? - Seeking Alpha (blog)

Posted: 23 Dec 2009 02:18 AM PST

by Warren Miller

As the clock winds down on the remainder of 2009, we can look forward to a more optimistic 2010 in the leisure travel industry. Most indicators of the travel environment have improved since their recent lows, and we think this trend can continue.

Where Are We Now?
Consumer confidence is one of the most important leading measures of the travel industry, and we gauge it using the University of Michigan Consumer Sentiment Index. Although it's not hard to remember the brutal economic conditions when confidence bottomed in November 2008, the index has rallied nearly 33% since then with a particularly high gain of 8% sequentially in December.

When consumers become more confident, it shows up in two ways. First, they tend to spend more. It's no secret that feeling safe about one's job reduces one's willingness to save and increases the desire to consume. But an often overlooked behavior that gives a nice boost to travel and leisure companies in times of increasing confidence is that consumers plan their travel and leisure purchasing decisions further in advance. That is, it feels safer to book a Caribbean cruise six months in advance when your job is secure than when you may be laid off in a week. This effect boosts cash flow for travel and leisure companies even though they can't recognize the revenue until the travel and leisure services are complete. For any travel and leisure companies in precarious debt situations--and there are many--this can be a life saver.

It's also important to note why people feel more confident so we can be sure that the rug won't be pulled out from under the surge of positive sentiment with any twitch of the financial markets. Household net worth increased sequentially by nearly 4% from the first to the second quarter of 2009. This was the first sequential gain since the second quarter of 2008. In addition, while unemployment levels remain at very high levels, the deterioration in the labor markets seems to have stabilized for the time being.

So how have these underlying economic improvements affected travel so far, you ask? First, vehicle miles driven has significantly improved. According to the Federal Highway Administration, vehicle miles driven had increased 0.6% by September since the low in May 2009 (a marked improvement compared to the near free-fall this series saw in 2008). In addition, the Bureau of Transportation Statistics cites a near 10% improvement in air passenger enplanements worldwide since the low in February 2009. Both of these indicators foretell trends in other travel spending such as cruise vacations, rental car bookings, hotel bookings, or leisure activities.

Where Are We Going?
We are optimistic that trends will continue to improve for the travel industry in 2010. Although many indicators have improved markedly since their lows, we still think there is room for further improvement before reaching more normalized levels. However, we do not expect sentiment or travel volumes to return to 2007 levels any time soon.

Oil prices present a risk to the rejuvenated travel and leisure industry. Fuel costs can affect travel either directly via gasoline prices or indirectly via ticket surcharges that cruise companies or airlines charge their passengers to hedge increases in operating costs. When such costs are passed on to the consumer, demand suffers. A rise in fuel prices is not an unlikely outcome considering the large amount of liquidity pumped into the system by the Federal Reserve and Congress during this recession. Gasoline prices, as of Dec. 7, 2009, had risen 42% over the price one year prior for all formulations according to the U.S. Department of Energy.

Conclusion
While travel and leisure trends have improved in recent months, we think there's further room to recover. Unfortunately, this has already been priced into most of the travel and leisure stocks we cover aside from International Speedway. Still, the stocks mentioned below are poised to benefit from further recovery in the travel and leisure industry and would represent a good way to leverage the trends mentioned at the right price.

Stocks to Watch

International Speedway (ISCA)
We think International Speedway is our only 5-star stock poised to take advantage of the travel and leisure improvement. As an added bonus, the company enjoys a wide economic moat as the leading owner of motorsports race tracks in the company due to its solid asset base and strong ties with NASCAR. Although the company had a rough year with a weak consumer and tightened corporate sponsorship budgets, we think the future of International Speedway is very promising as it experiments with new ways to increase the utilization of its race tracks.

Priceline (PCLN)
Priceline continues to outmaneuver its competitors. The company's international growth is astounding considering the lack of appetite for travel over the last year. Priceline has leveraged its fixed costs to significantly improve profitability as well. Although Priceline is still half the size of its larger competitor Expedia, we think it has very strong brand recognition thanks to innovative products and advertising strategies.

Expedia (EXPE)
Expedia is the largest online travel agency. As such, we award it a narrow moat because of its ability to deliver a large number of "eyeballs" to travel suppliers. Inventory affords it negotiating power when dealing with travel suppliers. Still, Expedia has not executed its strategies as well as Priceline. In addition, sites such as Kayak.com, which put Expedia on the same playing field as other online travel agents as well as travel suppliers, are a negative toward Expedia's moat.

Carnival (CCL), (CUK)
Cruise companies were bruised and battered in the recession, and Carnival was no exception. However, we think the future is bright for the company as its current fleet expansion will allow it to reach untapped markets around the world. In addition, cruising is one of the highest-value vacations available, making it an attractive choice for consumers just barely working up their courage to go on vacation again.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Tuesday, December 29, 2009

“AP TRAVEL AND LEISURE DIGEST for week of Dec. 28 - Daily Mail - Charleston” plus 3 more

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AP TRAVEL AND LEISURE DIGEST for week of Dec. 28 - Daily Mail - Charleston

Posted: 29 Dec 2009 06:08 AM PST

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Ritz-Carlton, Naples named No. 1 hotel in Florida by Travel and Leisure - Naples Daily News

Posted: 29 Dec 2009 01:50 PM PST

— The Ritz-Carlton, Naples resort has been voted the No. 1 one hotel in Florida by readers of Travel and Leisure in its annual survey "World's Best Hotels: T+L 500" in the January 2010 issue.

Every year the editors ask hundreds of thousands of readers to vote on their favorite hotels throughout the world.

The Ritz-Carlton, Naples was the highest ranked among the 14 Florida hotels cited, scoring above other well-known resorts in the state.

"Especially in today's economic downturn, the Travel and Leisure honor is a reflection of our staff's commitment to delivering excellent customer service, exceeding guests' expectations and offering an exceptional product,'' said Ed Staros, vice president and managing director of The Ritz-Carlton Resorts of Naples, in a statement. "During this year, we have continued to enhance the vacation experience while creating new trends to delight our guests."

The Travel and Leisure article noted the hotel's spa, golf and family-friendly programs. Opened in 1985, The Ritz-Carlton, Naples, will be celebrating its 25th birthday in 2010.

For the past 22 years, the resort has been consistently named a Mobil Five Star and AAA Five Diamond recipient.

Contact information: (239) 514-6001 or www.ritzcarlton.com/naples

Leslie A. Cohen is with Laura Davidson Public Relations

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Jamaica Resorts and Hotels Receive High Rankings On Two Prestigious 2009 Lists - South Florida Caribbean News

Posted: 29 Dec 2009 05:54 PM PST

NEW YORK Jamaica once again appears on two prestigious annual travel lists; Cond Nast Travelers 2009 Gold List and Travel + Leisure 500 Worlds Best Hotels. These awards come on the heels of Jamaicas multiple wins at the 2009 World Travel Awards in London.

Cond Nast Travelers 2009 Gold List features a total of four properties in Jamaica. Hot off the press this month, the Gold List presents a selection of hotels voted by readers to have the best rooms, service, food, design, location and leisure activities. The Jamaica properties listed are: The Caves, Couples Swept Away, Jamaica Inn, and Jakes.

In its January issue, Travel + Leisure gives high accolades to Jamaica with its seventh annual T+L 500, the comprehensive guide to the 500 highest rated hotels from their Worlds Best survey. For this highly respected feature, the magazines global team of reporters and editors identifies what distinguishes the most outstanding properties in the world, as chosen by Travel + Leisures readers, who evaluated them based on best rooms, services, amenities and special features. The seven Jamaica properties listed are: Couples Negril, Couples Sans Souci, Couples Swept Away, Couples Tower Isle, Jamaica Inn, Rockhouse Hotel and Royal Plantation.

Continuing Momentum

These newly announced listings continue an ongoing appreciation for Jamaica as a top choice among visitors from North America. At the 2009 World Travel Awards, Jamaica was named Leading Caribbean Destination, Worlds Leading Cruise Destination, Caribbeans Leading Cruise Destination, Caribbeans Leading Airline Air Jamaica and Caribbeans Leading Airport Sangster International Airport.

Jamaicas Director of Tourism John Lynch commented, Jamaica is thrilled to be honored again with some of the travel industries most coveted accolades. Some of the most unique properties in the world are in Jamaica. The Cond Nast Travelers Gold List and Travel +Leisure 500 are special because they are voted upon by readers who have experienced first-hand the level of service and accommodations of our exceptional resorts, hotels and inns.

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Shangri-La's Far Eastern Plaza Hotel ranked in top 20 business hotels - eTaiwan News

Posted: 29 Dec 2009 08:06 AM PST

Readers of the travel magazine Travel + Leisure have just ranked Shangri-La's Far Eastern Plaza Hotel, Taipei second of the most recently chosen top 20 business hotels in the world, enabling the hotel to write unprecedented Taiwan hotel industry history.

Travel + Leisure has a worldwide readership of 5 million and is a leading travel magazine in North America. As part of its annual World's Best survey, the publication provided readers a list of services and amenities as criteria in making their choices. Pudong Shangri-La, Shanghai also received recognition.

The selection of the world's top 20 business hotels was a collaborative project of Travel + Leisure and Harris Interactive. The online survey was directed at a broad spectrum of well-travelled readers who use hotels for professional and leisure purposes and who enjoy various levels of luxurious and services. The criteria were based on the most important requirements of business travelers, including central location, efficient check-in and check-out, reliable high-quality technology, comfortable work spaces and personalized but not intrusive service as well as room rates and overall stay experience.

In August this year, Shangri-La's Far Eastern Plaza Hotel, Taipei was honored by Travel + Leisure when it was ranked number 89 among the world's top 100 hotels and number 11 among Asia's top city hotels. At that time, it was the only hotel in Taiwan to receive such recognition. In October this year, Business Traveller Asia-Pacific rated the hotel as Taipei's best business hotel.

"The succession of important recognition given to Shangri-La's Far Eastern Plaza Hotel, Taipei attests to the hotel staff's determination to uphold the hotel's record of excellence, ever seeking to serve guests with respect and provide them a most pleasant stay. The hotel remains ever appreciative of the guests' patronage and will endeavor to maintain a pursuit of excellence in service," said Ulf Bremer, the general manager of Shangri-La's Far Eastern Plaza Hotel, Taipei.

Hong Kong-based Shangri-La Hotels and Resorts currently owns and/or manages 65 hotels under the Shangri-La and Traders brands with a rooms inventory of over 28,000. Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services. Shangri-La hotels are located in Australia, Canada, mainland China, Fiji, Hong Kong, India, Indonesia, Japan, Malaysia, Maldives, Philippines, Singapore, Sultanate of Oman, Taiwan, Thailand and the United Arab Emirates. The group has over 40 projects under development in Austria, Canada, mainland China, France, India, Macau, Malaysia, Philippines, Qatar, Seychelles, United Kingdom and the United States. For more information or reservations, please contact a travel professional or access the website at www.shangri-la.com.

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Monday, December 28, 2009

“Hotels on Travel + Leisure Best 500 List - ABC News” plus 1 more

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Hotels on Travel + Leisure Best 500 List - ABC News

Posted: 28 Dec 2009 10:29 AM PST

The Grand Del Mar in San Diego, The Setai in Miami Beach, Harraseeket Inn in Freeport, Maine, and The Palazzo in Las Vegas, are among the new properties that made Travel + Leisure magazine's list of the 500 best hotels in the world.

The list also includes 66 properties that offer rooms for $250 a night or less, including the Inn on the Alameda, Santa Fe, N.M.; Hotel Lucia, Portland, Ore.; and Rockhouse Hotel, Jamaica.

The No. 1 hotel in the U.S., according to the magazine, was the Inn at Palmetto Bluff, in Bluffton, S.C. Other top domestic hotels included the Ritz-Carlton Bachelor Gulch, in Beaver Creek, Colo.; the Ritz-Carlton in Naples, Fla.; the Halekulani in Oahu, Hawaii; and The Carlyle in New York.

The list is based on the magazine's 2009 World's Best Awards readers' survey results. As part of the survey, Travel + Leisure readers rated hotels on several characteristics including rooms/facilities, location, service, restaurants/food, and value. The complete survey methodology is available on http://www.travelandleisure.com/worldsbest.

All 500 properties are featured in the January issue of Travel + Leisure and on http://www.travelandleisure.com/tl500.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Must Eat Now: New York City Picks - About - News & Issues (blog)

Posted: 28 Dec 2009 06:09 AM PST

Travel & Leisure put together an article highlighting Must Eat Now: 30 Dishes Worth Traveling For, including two picks in New York City. One, the pork bun at Momofuku Noodle Bar, is a personal favorite. The second, the Black Label burger at Minetta Tavern, is more of a challenge to experience because reservations at Keith McNally's newest restaurant are very difficult (if not impossible) to get.

Article: Top 30 Can't-Miss Meals
NYC Favorites: My Favorite New York City Restaurants
NYC Eats: New York City Required Eating

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Sunday, December 27, 2009

“American Club makes Travel+Leisure world's-best list - Bizjournals.com”

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American Club makes Travel+Leisure world's-best list - Bizjournals.com

Posted: 17 Dec 2009 08:50 AM PST

The American Club at Destination Kohler was the only Wisconsin hotel chosen for Travel + Leisure magazine's annual list of the world's 500 best hotels.

The publication said the 1918 Tudor boardinghouse in Kohler is "now the Midwest's most luxe resort and spa." It noted that the golf course is being revamped to host the 2012 U.S. Women's Open.

The American Club did not rank on the magazine's ultra-exclusive Top 50 list in the world. It received a ranking of 83.5.

The list is available at www.TravelandLeisure.com and will appear in the magazine's January issue.

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Saturday, December 26, 2009

“Nine Colorado hotels make Travel+Leisure world's-best list - Denver Business Journal”

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Nine Colorado hotels make Travel+Leisure world's-best list - Denver Business Journal

Posted: 16 Dec 2009 09:03 PM PST

The Ritz-Carlton Bachelor Gulch in Avon retained its ranking as Colorado's highest-rated hotel among the nine in the state chosen for Travel + Leisure magazine's annual list of the world's 500 best hotels.

Three Aspen hotels, two from Denver and one each from Beaver Creek, Colorado Springs and Vail joined the Ritz-Carlton Bachelor Gulch on the list. The total on nine was one more than Colorado had on last year's list, with three state newcomers to the rankings replacing two that fell off of the reader-chosen list.

Though none of the state's entries ranked on the magazine's ultra-exclusive Top 50 list in the world, the Ritz-Carlton Bachelor Gulch in Avon earned an 88.45 ranking to put it at the top of the local hotels.

Following it were:

Little Nell, Aspen - 88.27;

St. Regis Resort, Aspen - 86.33;

Sonnenalp Resort of Vail - 85.89 (new this year);

The Broadmoor, Colorado Springs - 85.65;

Park Hyatt Beaver Creek Resort & Spa - 84.68;

Hotel Teatro, Denver - 83.75;

Hotel Jerome, Aspen - 83.62 (new this year);

Brown Palace Hotel & Spa, Denver - 82.53 (new this year).

Denver's Hotel Monaco and the Beaver Creek Lodge are the two Colorado establishments that dropped off of the list this year.

The list is available at www.TravelandLeisure.com and will appear in the magazine's January issue.

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Friday, December 25, 2009

“Pacquiao planning to file defamation suit against Mayweather and his camp - Gaea Times (blog)”

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Pacquiao planning to file defamation suit against Mayweather and his camp - Gaea Times (blog)

Posted: 25 Dec 2009 03:28 PM PST

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Thursday, December 24, 2009

“Travel + Leisure Names Hotel Lucia to its 500 Worlds Best Hotels List 2010 - India Business Blog (blog)” plus 1 more

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Travel + Leisure Names Hotel Lucia to its 500 Worlds Best Hotels List 2010 - India Business Blog (blog)

Posted: 24 Dec 2009 08:31 PM PST

Travel + Leisure Names Hotel Lucia to its 500 World's Best Hotels List 2010
Portlands famed Hotel Lucia is one of the best 500 hotels in the entire world according to Travel + Leisure Magazine.

Portland, OR December 22, 2009 — Portlands famed Hotel Lucia is one of the best 500 hotels in the entire world according to Travel + Leisure Magazine.
The Portland Hotel, Hotel Lucia, has quickly risen to the top of the worlds urban luxury hotel scene with a bundle of accolades from international media and travelers alike. The small, private hotel, like Portland, is stylish and cosmopolitan yet friendly and unpretentious. A dedicated clientele of Hollywood stars, music celebrities and business leaders call the hotel home when they visit Portland.
Visit Travel + Leisure's 2010 World's Best List here: http://www.travelandleisure.com/tl500/2010/region/us.
The Hotel Lucia is known for its central downtown location, as well as its reputation for the highest customer service and its focus on art, design and luxury.
About Hotel Lucia:
Centrally located at 400 SW Broadway in the heart of downtown Portland, Hotel Lucia offers an artsy boutique setting steps away from the citys best shopping, restaurants and night clubs. This comfortable hotel extends more-than-friendly rates for all 127 guest rooms and indulgent but essential amenities, including high-speed wireless Internet access, Aveda bath products, organic coffee and tea, pillow menus and a Get it Now button on every hotel phone for the most whimsical or sensible calling. The Hotel Lucia can be found on the Web at www.hotellucia.com. Reservations are available online or by phone at 877.225.1717.

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American Club makes Travel+Leisure world's-best list - Bizjournals.com

Posted: 17 Dec 2009 08:50 AM PST

The American Club at Destination Kohler was the only Wisconsin hotel chosen for Travel + Leisure magazine's annual list of the world's 500 best hotels.

The publication said the 1918 Tudor boardinghouse in Kohler is "now the Midwest's most luxe resort and spa." It noted that the golf course is being revamped to host the 2012 U.S. Women's Open.

The American Club did not rank on the magazine's ultra-exclusive Top 50 list in the world. It received a ranking of 83.5.

The list is available at www.TravelandLeisure.com and will appear in the magazine's January issue.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Wednesday, December 23, 2009

“Is Leisure Travel Poised to Take Off in 2010? - Seeking Alpha (blog)” plus 2 more

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“Is Leisure Travel Poised to Take Off in 2010? - Seeking Alpha (blog)” plus 2 more


Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

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'); // Object already exists, it is probably a multi-select input, // and we need to generate a separator-delimited string // by appending to what we already have stored. } else { FORM_DATA[keyName] = keyValue; //document.write('The value of ' +keyName+ ' is:'+FORM_DATA[keyName]+'
'); // Normal case: name gets value. } } return FORM_DATA; } // MAINLINE FORM_DATA = createRequestObject(); // This is the array/object containing the GET data. // Retrieve information with 'FORM_DATA [ key ] = value'. // Display jobs display_postings();

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Is Leisure Travel Poised to Take Off in 2010? - Seeking Alpha (blog)

Posted: 23 Dec 2009 02:18 AM PST

by Warren Miller

As the clock winds down on the remainder of 2009, we can look forward to a more optimistic 2010 in the leisure travel industry. Most indicators of the travel environment have improved since their recent lows, and we think this trend can continue.

Where Are We Now?
Consumer confidence is one of the most important leading measures of the travel industry, and we gauge it using the University of Michigan Consumer Sentiment Index. Although it's not hard to remember the brutal economic conditions when confidence bottomed in November 2008, the index has rallied nearly 33% since then with a particularly high gain of 8% sequentially in December.

When consumers become more confident, it shows up in two ways. First, they tend to spend more. It's no secret that feeling safe about one's job reduces one's willingness to save and increases the desire to consume. But an often overlooked behavior that gives a nice boost to travel and leisure companies in times of increasing confidence is that consumers plan their travel and leisure purchasing decisions further in advance. That is, it feels safer to book a Caribbean cruise six months in advance when your job is secure than when you may be laid off in a week. This effect boosts cash flow for travel and leisure companies even though they can't recognize the revenue until the travel and leisure services are complete. For any travel and leisure companies in precarious debt situations--and there are many--this can be a life saver.

It's also important to note why people feel more confident so we can be sure that the rug won't be pulled out from under the surge of positive sentiment with any twitch of the financial markets. Household net worth increased sequentially by nearly 4% from the first to the second quarter of 2009. This was the first sequential gain since the second quarter of 2008. In addition, while unemployment levels remain at very high levels, the deterioration in the labor markets seems to have stabilized for the time being.

So how have these underlying economic improvements affected travel so far, you ask? First, vehicle miles driven has significantly improved. According to the Federal Highway Administration, vehicle miles driven had increased 0.6% by September since the low in May 2009 (a marked improvement compared to the near free-fall this series saw in 2008). In addition, the Bureau of Transportation Statistics cites a near 10% improvement in air passenger enplanements worldwide since the low in February 2009. Both of these indicators foretell trends in other travel spending such as cruise vacations, rental car bookings, hotel bookings, or leisure activities.

Where Are We Going?
We are optimistic that trends will continue to improve for the travel industry in 2010. Although many indicators have improved markedly since their lows, we still think there is room for further improvement before reaching more normalized levels. However, we do not expect sentiment or travel volumes to return to 2007 levels any time soon.

Oil prices present a risk to the rejuvenated travel and leisure industry. Fuel costs can affect travel either directly via gasoline prices or indirectly via ticket surcharges that cruise companies or airlines charge their passengers to hedge increases in operating costs. When such costs are passed on to the consumer, demand suffers. A rise in fuel prices is not an unlikely outcome considering the large amount of liquidity pumped into the system by the Federal Reserve and Congress during this recession. Gasoline prices, as of Dec. 7, 2009, had risen 42% over the price one year prior for all formulations according to the U.S. Department of Energy.

Conclusion
While travel and leisure trends have improved in recent months, we think there's further room to recover. Unfortunately, this has already been priced into most of the travel and leisure stocks we cover aside from International Speedway. Still, the stocks mentioned below are poised to benefit from further recovery in the travel and leisure industry and would represent a good way to leverage the trends mentioned at the right price.

Stocks to Watch

International Speedway (ISCA)
We think International Speedway is our only 5-star stock poised to take advantage of the travel and leisure improvement. As an added bonus, the company enjoys a wide economic moat as the leading owner of motorsports race tracks in the company due to its solid asset base and strong ties with NASCAR. Although the company had a rough year with a weak consumer and tightened corporate sponsorship budgets, we think the future of International Speedway is very promising as it experiments with new ways to increase the utilization of its race tracks.

Priceline (PCLN)
Priceline continues to outmaneuver its competitors. The company's international growth is astounding considering the lack of appetite for travel over the last year. Priceline has leveraged its fixed costs to significantly improve profitability as well. Although Priceline is still half the size of its larger competitor Expedia, we think it has very strong brand recognition thanks to innovative products and advertising strategies.

Expedia (EXPE)
Expedia is the largest online travel agency. As such, we award it a narrow moat because of its ability to deliver a large number of "eyeballs" to travel suppliers. Inventory affords it negotiating power when dealing with travel suppliers. Still, Expedia has not executed its strategies as well as Priceline. In addition, sites such as Kayak.com, which put Expedia on the same playing field as other online travel agents as well as travel suppliers, are a negative toward Expedia's moat.

Carnival (CCL), (CUK)
Cruise companies were bruised and battered in the recession, and Carnival was no exception. However, we think the future is bright for the company as its current fleet expansion will allow it to reach untapped markets around the world. In addition, cruising is one of the highest-value vacations available, making it an attractive choice for consumers just barely working up their courage to go on vacation again.

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Eight Omni Hotels Named to Travel + Leisure's Prestigious T+L 500 List of ... - Melodika.net

Posted: 22 Dec 2009 11:46 AM PST

An unprecedented eight Omni Hotels have been named on Travel + Leisure's annual list of the top 500 hotels in the world, featured in the January 2010 issue of the esteemed travel magazine as well as on travelandleisure.com/tl500. Seven Omni Hotels are named on the T+L 500 in the United States: the Omni San Francisco Hotel; the Omni Berkshire Place in New York; the Omni Hotel at Independence Park in Philadelphia; the Omni Chicago Hotel; the Omni Mandalay Hotel at Las Colinas near Dallas; the Omni La Mansion del Rio and the Watermark Hotel & Spa in San Antonio. The Omni Mont-Royal in Montreal, Canada is included on the T+L 500.

"It is truly an honor to have so many great Omni Hotels recognized on Travel + Leisure's prestigious T+L 500 list of the world's best hotels," said Mike Deitemeyer, president of Omni Hotels. "This is tremendous reinforcement that our guests clearly take notice of our unique properties, heightened level of personalized service and commitment to creating memorable experiences."

The 2010 T+L 500 recognizes the 500 highest-rated hotels, resorts, inns and lodges from Travel + Leisure's 2009 World's Best Awards survey and identifies what makes each one special. Each year, Travel + Leisure asks their readers to rate the places they've stayed recently, and thousands of readers share their opinions.

Guests can get additional information and book accommodations at omnihotels.com or by calling 1-800-The-Omni.

About Omni Hotels & Resorts

Omni Hotels & Resorts creates genuine, authentic guest experiences that take guests on "A Total Departure" to 45 distinct luxury hotels and resorts in leading business gateways and leisure destinations across North America. From exceptional golf and spa retreats to dynamic business settings, each Omni showcases the local flavor of the destination while featuring four-diamond services, signature restaurants, Wi-Fi connectivity and unique wellness options. Known for its award-winning, personalized service, Omni leaves a lasting impression with every customer interaction, with a heightened level of recognition and rewards delivered through its Select Guest loyalty program and the company's "Power of One" associate empowerment program. To get additional information or book accommodations, visit omnihotels.com or call 1-800-The-Omni.

Source: Omni Hotels & Resorts

Valley Ho pool ranked among world's coolest - AZ Central.com

Posted: 23 Dec 2009 06:15 PM PST

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