Jun 30th, 2011 at 11:00AM: As the travel industry claws its way back from the depths of the 2008 financial crisis and subsequent consumer credit hangover, bright spots are already beginning to emerge. And unsurprisingly, it's the non-traditional sort that seems to be leading the charge. After all, stung by layoffs, pay cuts and other personal austerity measures, we've had to find ways to spend less while still traveling. ...Click on a label to read posts from that part of the world.
IPO posts
High finance for HomeAway says a lot about travelers
Jun 30th, 2011 at 11:00AM: As the travel industry claws its way back from the depths of the 2008 financial crisis and subsequent consumer credit hangover, bright spots are already beginning to emerge. And unsurprisingly, it's the non-traditional sort that seems to be leading the charge. After all, stung by layoffs, pay cuts and other personal austerity measures, we've had to find ways to spend less while still traveling. ...Expedia a step closer to ditching TripAdvisor
Jun 22nd, 2011 at 9:00AM: Travel industry ... welcome to high finance! By the end of the year, online travel agency Expedia is expected to spin off its TripAdvisor unit in an initial public offering, according to MarketWatch. And, the deal could be worth as much as $4 billion.
Think about it: all those hotel reviews you've written, photos you've posted and advice you've sought could be worth as much as Facebook ...Spirit Airlines goes public ... with dirty laundry
Jun 1st, 2011 at 11:00AM: Remember when Spirit Airlines talked about going public? The company felt the need to disclose customer service as a critical risk in its initial public offering documents. One would expect nothing less from the carrier that used flight attendant-turned nutjob-turned spokesman Steven Slater to sell seats. Well, Spirit hopped into the arena of public finance, raising $187.2 million in its initial ...Should we be worried about China's rising economic dominance?
Nov 18th, 2008 at 9:30AM: There's been a growing chorus of China watchers who have been saying--for years now--that one day, it won't be annoying Americans overflowing the world's greatest cities, but equally annoying Chinese tourists. But there'll be even more of them, as China's middle class is predicted to explode from something like 6 percent of their 1.3 billion population right now to 45 percent in 2020. I don't ...
