Iraq War
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Gilligan Optimistic On Travel Return (With Web-Only Excerpts)
change in Russia and again in 2000 and 2001, with the Internet bubble bursting and 9/11. It was clear in 2003 when the war in Iraq happened. All of these caused a steep drop in spending to happen, and then it came back. They all were kind of V-shaped
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Washington Wire: American, Continental Win Pension Relief
joining competitors Northwest and Delta airlines, which gained that ability in 2006. Legislation to continue funding for the Iraq war approved by Congress and President George W. Bush after protracted negotiations includes about $2 billion in relief for American
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Softer Occupancy Growth To Press Ext. Stay Rates
vulnerable, and we always have been," according to Radomski. "Even in the post-Sept. 11 market situation and when the Iraq war started in 2003, we were still running occupancy and exceeding RevPAR growth when transient hotels were not. Even with the
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Washington Wire - 2006-05-01
aviation agreement between the U.S. and the European Union. The panel amended an emergency spending bill intended to pay for Iraq war operations and Gulf Coast cleanup with the provision, which bars implementation of the rule until at least Sept. 30. The
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Granaada Takes Helm Of SITE
is divided into regional and continental fractions, but in Europe, the business is absolutely picking up." Despite the war in Iraq , the occasional terrorist threat and other global crises, international incentive travel is steadily improving, he said
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BA To Hike Fuel Surcharge Despite Quarterly Profit
212 million) in its first fiscal quarter, compared with a £45 million (US$83 million) loss in last year's SARS and Iraq war -damaged first quarter. "These are reasonable results, but currently fuel and employee costs remain our biggest challenges
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1Q Earnings Bode Well For Hotels
call "easy comparisons," meaning that demand in the first quarter of last year especially was weak because of the pending war in Iraq . The industry's continuing turnaround story is a mixed blessing for buyers. In terms of property maintenance and service
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Hoteliers Push Short-Term Rates Higher
chains have upgraded their yield and revenue management systems. And one year ago, when the United States had just begun a war in Iraq , many properties slashed rates to draw in any short-term meetings business they could. According to the survey, only
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Airline Earnings Offer Optimism
several major and smaller carriers can hang their hats on stronger results driven by healthy summer traffic rebounding after the war in Iraq and, in some cases, lower costs achieved in the wake of employee concessions. AMR Corp., parent of American Airlines
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ExpenseItems - 2003-10-06
percent to more than $595 billion, "despite a slowdown in travel and spending in the wake of the SARS epidemic in Asia, the war in Iraq and ongoing economic lethargy around the world," said MasterCard president and CEO Robert Selander. Concur, ACL Services

