“Is Leisure Travel Poised to Take Off in 2010? - Seeking Alpha (blog)” plus 2 more |
- Is Leisure Travel Poised to Take Off in 2010? - Seeking Alpha (blog)
- Eight Omni Hotels Named to Travel + Leisure's Prestigious T+L 500 List of ... - Melodika.net
- Valley Ho pool ranked among world's coolest - AZ Central.com
| 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? 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? 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 Stocks to Watch International Speedway (ISCA) Priceline (PCLN) Expedia (EXPE) Carnival (CCL), (CUK) Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. | |||||||||||||||||||
| 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 Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. | ||||||||||||||||||
| Valley Ho pool ranked among world's coolest - AZ Central.com Posted: 23 Dec 2009 06:15 PM PST "; /////////////////////////////////////////////////////////////////////////////////// function display_postings() { // Handle no postings situation if (allPostings.length == 1) { document.write(header); document.write(" "); document.write(""); return; } if (!FORM_DATA['topjobscount']) { if (!topjobs_count) { var displayCount = 5; } else { var displayCount = topjobs_count; } } else { var displayCount = FORM_DATA['topjobscount']; } // Create target array var displayPostings; var allPostingsCount = allPostings.length; var i; if (displayCount == 99999) { document.write(allHeader); // Remember array entry 0 is placeholder, so start at index 1 for (i = 1; i " + allPostings[i][0] + " | " + allPostings[i][2] + " "); } else { document.write(" " + allPostings[i][0] + " | " + allPostings[i][1] + " "); } } document.write(allFooter); } else { // Delete array entry 0 ("placeholder") for (i = 0; i 0 && allPostingsCount > 0) { // Move a random entry from allPostings to displayPostings var targetIndex = Math.floor(Math.random() * allPostingsCount % allPostingsCount); displayPostings[displayPostings.length] = allPostings[targetIndex]; for (i = targetIndex; i " + displayPostings[i][0] + " | "); } } // Display Employer Name only. 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