recession posts

by Tom Johansmeyer (RSS feed) (1 day ago)
Nov 7th, 2009 at 12:00PM:
tweetmeme_url = 'http://www.gadling.com/2009/11/07/uk-online-bookings-to-grow-this-year/'; tweetmeme_source = 'Gadling';
Yes, you read that correctly – online bookings are expected to finish higher in the United Kingdom this year! Even in this dismal economy – which has been particularly brutal for the travel industry – the web guys have something to celebrate. Sure, the ...

by Tom Johansmeyer (RSS feed) (8 days ago)
Oct 31st, 2009 at 3:00PM:
tweetmeme_url = 'http://www.gadling.com/2009/10/31/online-travel-agencies-still-making-money-in-todays-travel-mark/'; tweetmeme_source = 'Gadling';
There's still money in the travel business; you just have to look in the right places. In the United States, the online leisure and unmanaged business travel sector is where you'll find the cash -- this sector is outperforming every other travel ...

by Sean McLachlan (RSS feed) (13 days ago)
Oct 26th, 2009 at 11:00PM: Thousands of passengers were left stranded today as workers at Iberia Airlines walked off the job for the first day of a two-day strike. Iberia was forced to cancel more than 400 of its 2,000 flights for this Monday and Tuesday as cabin crews protested the fact that they haven't received a pay increase in four years. This is a tough situation for Spanish workers, who live in a country with one of ...

by Tom Johansmeyer (RSS feed) (22 days ago)
Oct 17th, 2009 at 8:00AM: The number of passengers passing through planes in 2010 is expected to decline again. The Boyd Group, a consulting firm in this industry, forecasts a decline of 74 million passengers relative to 2008 - down to 675 million next year. This means you'll get a little more elbow room, as long as the airlines don't respond with more route cuts. The fact that unemployment is likely to break the 10% level ...

by Tom Johansmeyer (RSS feed) (1 month ago)
Sep 12th, 2009 at 12:00PM:
Travel fell again in 2009, according to U.S. Department of Commerce data, as a weak economy put pressure on both personal and corporate travel budgets.
Only 3.6 million people arrived from other countries, marking a decline of 11 percent from June 2008 to June 2009. For the six months of the year, international arrivals were off 10 percent year-over-year. The spending situation was even worse. ...

by Scott Carmichael (RSS feed) (2 months ago)
Sep 8th, 2009 at 2:00PM: There is no doubt that 2009 is a year that most airlines will want to put behind them as fast as they can. In essence, it was the perfect storm combining everything that airlines hate. A report published back in May told the doom and gloom story about airline profits - and that not a single airline in the world would earn anything this year. As the first very small signs of economic recovery ...

by Scott Carmichael (RSS feed) (2 months ago)
Aug 22nd, 2009 at 12:00PM: If you think the recession in the US has been dreadful, I recommend reading up on how Iceland has been coping. This nation of just 320,000 people let its banks pull the country into a total financial disaster. Their three national banks had debt equaling over three times the countries gross domestic product. Their government collapsed, their currency lost a third of its value, they had to take ...

by Katie Hammel (RSS feed) (3 months ago)
Aug 5th, 2009 at 4:00PM: digg_url = 'http://digg.com/business_finance/Vermont_Taxi_Driver_Offers_Pay_What_You_Want_Fares'; Websites like eBay and Priceline let consumers pay what they want for everything from designer gowns to airline tickets. Now, if you live in Essex, Vermont, you can exercise that same financial control when it comes to taxi fares. Eric Hagen, a part-time cab driver has been offering "pay what you ...

by Kraig Becker (RSS feed) (4 months ago)
Jun 30th, 2009 at 8:00AM: Yesterday we introduced you to one of the world's classic treks in the from of The Appalachian Trail. Turns out you might not have needed in introduction at all, as according to NPR, many Americans are heading to the AT to beat the recession. According to the story, a number of hikers who have lost their jobs, have decided to take advantage of their time off, and spend some extended time on the ...

by Tom Johansmeyer (RSS feed) (4 months ago)
Jun 25th, 2009 at 1:00PM: I guess it's a bad sign that this deal has been extended. Popular demand, however, has prompted the management of the Rabbit Hill Inn to stretch out its "Pink Slip Getaway Giveaway" program. Originally planned to run through the end of the year, it's now going to last until April 2010. Every month – except September and October, the Rabbit Hill Inn will pony up at least one two-night getaway ...

by Tom Johansmeyer (RSS feed) (5 months ago)
Jun 5th, 2009 at 8:00AM: Layoffs may be slowing down a little, but they're still coming. So, if you need to disappear to collect your thoughts for a while, Intrepid Travel is still willing to help. The company has extended its 15 percent discount for recent layoff victims, which are good on more than 400 Intrepid adventures in more than 90 countries. The catch? You need to book by the last day of 2009.
To take advantage ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 28th, 2009 at 3:00PM: If you haven't read about how to screw-off and look good while you're on vacation, check out yesterday's article. This is what you're up against. The workaholic invests even vacation time in career success, and to look like that white-collar stud, you need to deliver beyond the appearances of your lazy, poseur coworkers.
But, you will.
When you get to the office, you see opportunities rather than ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 27th, 2009 at 3:00PM: If you haven't read the first 10 suggestions for looking busy without actually working on vacation, check out yesterday's post. If you've already been there, let's keep pushing ahead. We have even more for you today, thanks to the slothful talents of me and the rest of the Gadling team. Leave it to a group of bloggers to find so many ways to look hardcore without actually lifting a finger that it ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 27th, 2009 at 8:00AM: Hurricane season will not keep travelers from their destinations! A recent survey by TripAdvisor®, which mined the opinions of more than 1,000 U.S. travelers, reports that 43 percent plan to hit a hurricane-prone destination this summer or fall – peak hurricane season. This is up from 36 percent last year. Sixty-five percent of the survey's respondents are doing this to take advantage of ...

by Scott Carmichael (RSS feed) (5 months ago)
May 26th, 2009 at 6:30PM: How bad is the current economic climate for airlines? Well, assuming your number one priority as an airline, is to make money, then it is pretty safe to say that things royally suck. Virgin Atlantic chief executive Steve Ridgway says that a combination of low fares, high fuel prices and reduced passenger numbers will prevent any of the world's major airlines from earning a single penny in 2009. ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 26th, 2009 at 3:00PM: Many are afraid to take vacations these days, according to a recent study by Challenger, Gray & Christmas. The 200,000 layoffs in the United States in January alone underscore the importance of looking essential in the workplace. But, you can't push on forever. Fatigue will catch up with you, and you'll just need a break. Instead of skipping your vacation and burning out – or taking your ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 25th, 2009 at 3:00PM: People are nervous. They're afraid to appear unnecessary in a market where employees are being shed regularly. The strain is brutal. We're all "doing more with less," which increases stress and compounds the need for a break. If you decide to take that vacation, you have two options: look valuable or be valuable.
Looking valuable is tough. Skillful deceit is necessary to create the various ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 20th, 2009 at 5:00PM: The days of the private jet may be over – or at least put off for a while – but those with means are still doing all they can to avoid commercial flights. Fuel prices have come down over the past year, but it still costs a bundle to put a private jet in the sky, especially when much of that "extra cash" has disappeared.
So, it looks like uncooperative financial markets are making ...

by Annie Scott (RSS feed) (5 months ago)
May 15th, 2009 at 6:30PM: I recently attended a presentation hosted by Dr. Jim Taylor, vice chairman of Harrison Group and Cara David, senior vice president of corporate marketing and integrated media of American Express Publishing, to hear about how the wealthy have been affected by the economic downturn. The "Annual Survey of Affluence and Wealth in America," as the yearly presentation is called, culls information from a ...

by Tom Johansmeyer (RSS feed) (5 months ago)
May 13th, 2009 at 1:00PM: So, there are two visions of the near future: one immediate, the other a bit further out. For Memorial Day, expect to see plenty of traffic, thanks to a drop in gas prices, according to AAA. More than 10 percent of the country's population – north of 32 million people – is expected to ht the road (though some will take planes). This stands in stark contrast to last year, when it cost ...
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