Job Losses
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NBTA: Premium Bookings Fuel Projected 2011 Business Travel Spending Jump
… spending from D.K. Shifflet & Associates using figures such as U.S. gross domestic product, U.S. employment and unemployment figures and key travel components of the Consumer Price Index. International Outlook Similar To Domestic International outbound …
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2010 NBTA Convention Reporter's Notebook: Optimism Hot In Houston
… companies, are looking carefully at managing that, which paradoxically is part of the problem, because persistent high unemployment is one way we could see of sliding back into a recession." Speaking unmistakably like an airline CEO, Southwest's …
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Stronger 2010 Hotel Performance Prompts Colliers PKF To Adjust Outlook
… 2011 and occupancy will grow an additional 2.1 percent. It also cautioned that “economic headwinds,” such as high unemployment , lowered airline capacity and the November elections, could cause the industry to fall short of forecast expectations.
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PricewaterhouseCoopers predicted U.S. lodging rates would increase 3.5 percent in 2011 following a 1.7 percent decline this year
… in business and the economic outlook becomes more stable," PwC wrote. Still, "constraints remain evident, such as corporate focus on travel management and cost containment, low levels of group meetings and high unemployment ."
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Reporter's Notebook: Masters Plumb Depth Of Demand, Petruccelli Predicts 2010 Plateau
… which is the one I favor, one should expect a flattening of the demand at some point in 2010." Petruccelli cited high unemployment , negative consumer confidence, lack of "investment capacity" and lightly available capital, which will yield "a prolonged …
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Deloitte Tracks Fall In Hotel Rates, But Sees RevPAR Reversal Ahead
… the report. In the United Kingdom, London saw RevPAR drop 7.6 percent during the period, as the country's unemployment rate reached its highest level in 13 years. London, however, reported the highest occupancy, and Glasgow and Edinburgh …
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Continental Tops Buyer Survey As Industry Cuts Service
… according to the latest data from the U.S. Department of Transportation's Bureau of Transportation Statistics. Though those job losses have been spread throughout each carrier's organization—from ground crew to pilots, flight attendants to reservationists …
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Hyatt Says Mass. Boycott About Job Cuts Will Cost Jobs
… the current business environment" and that Hyatt has "treated their housekeepers with fairness and dignity" in providing unemployment assistance to the laid-off employees, including an invitation to apply for other positions at Hyatt, a listing of job …
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Numbers, Resources For Unemployed Swell
As national unemployment ranks swelled to more than 12.5 million last month--5 million more than at the start of 2008--industry groups are gearing …
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Carriers Slash U.S. Capacity
… as it finalizes the schedule over the next month," United said. American said its reductions in capacity would result in job losses , though the carrier at press time was "assessing the scope and location-specific impact of any workforce reductions resulting …
