Operation Iraqi Freedom
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
Japan's Air, Rail Carriers Upgrade Biz Travel Offerings
… state-run bank to help them overcome the impact of SARS and the Iraq war . JAS' Japan Airlines, Asia's largest airline in terms ..... falling passenger numbers this year after the outbreak of the Iraq war and SARS. Both airlines last week also announced they are …
-
KLM CEO: Transparency Key
… CEO of Amsterdam Schiphol Airport, added that passenger volumes at major European airports have seen recovery since the war in Iraq . He also indicated that a new departures lounge at Schiphol would open in early 2005 and vowed to resolve by year-end nagging …
