Travel online

Americans will be traveling less for business and pleasure next year as the economy cools, according to a new forecast from an industry trade group.
That’s bad news for airlines, hotels, rental cars and other businesses that rely on travel. But it may have a silver lining for consumers: cheaper prices. One travel analyst suggested that the airlines have already launched an earlier-than-usual fare sale for the holidays on worries about demand.
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compare September travel numbers with the downturn that accompanied the SARS scare of 2003.
First off, the International Air Transport Association put out a strongly worded press release this morning headlined “Alarming Drop for September International Traffic.”
“The deterioration in traffic is alarmingly fast-paced and widespread. We have not seen such a decline in passenger traffic since SARS in 2003,” said
, IATA’s Read the rest of this entry »