EyeforTravel News: USA News Feed

Amadeus sets up new team for Americas

Lindi — Thu, 24 Jul 2008 08:44:56 +0100

To lead the effort, Amadeus has appointed 20-year IBM veteran, Dwayne Ingram, as Executive Vice President for the Amadeus Multinational Customer Group serving the Americas.

Based out of Amadeus' Chicago center, Ingram will be responsible for leading sales, account management and travel technology efforts in tandem with the company's existing local commercial organisations.

"Revenue gains not keeping pace with increase in the price of jet fuel": JetBlue

Lindi — Wed, 23 Jul 2008 08:04:00 +0100

UAL said its net loss totaled $2.73 billion, or $21.47 per share, compared with a profit of $274 million, or $1.83 per share, a year earlier. Excluding one-time charges, UAL lost $1.19 per share. UAL took a $2.6 billion non-cash charge, including $2.3 billion to write down the impairment of goodwill. Operating revenue increased by 3 percent to $5.37 billion. The company paid $1.85 billion for fuel, an increase of 53.2 percent. The company ended the quarter with an unrestricted cash balance of $2.9 billion.

Americans conducted 11.5 billion core searches in June

Lindi — Mon, 21 Jul 2008 08:11:43 +0100

In June, Google Sites retained its lead in the US core search market capturing 61.5 percent of the searches conducted, down slightly from 61.8 percent in May.

Google was followed by Yahoo! sites (20.9 percent, up from 20.6 percent in May), Microsoft sites (9.2 percent, up from 8.5 percent in May), Ask Network (4.3 percent), and AOL LLC (4.1 percent).

Microsoft focuses on retail and travel search

Lindi — Mon, 21 Jul 2008 08:09:51 +0100

Company's Chief Financial Officer Chris Liddell, speaking after the company's fourth quarter results, reportedly also painted a darkening picture for online advertising..

"The online advertising area is the part of the business certainly that in the short term we think is most challenging," Liddell said. "The online advertising area at the moment is very difficult. That's across the board, that's not just us."

Delta finalises senior team following closing of Delta-Northwest merger

Lindi — Wed, 16 Jul 2008 07:23:33 +0100

The focus will be on ensuring a seamless transition of Northwest's operations into Delta over the next 12-24 months.

The team of officers will be led by Delta CEO Richard Anderson and it will comprise operational, corporate and strategic leaders selected from both companies to represent the respective strengths of Delta and Northwest.

US airline industry's fuel bill to touch $61 billion this year

Lindi — Mon, 14 Jul 2008 13:04:51 +0100

A year ago, US airlines were enjoying welcome profits after a half-decade of big losses. The 10 largest carriers together earned $3.7 billion in the second quarter of 2007, the industry's best second quarter since 2000, highlighted The Dallas Morning News. However, going forward, the consensus among industry analysts is that the same 10 carriers will lose around $750 million in the quarter, on their way to an estimated full-year 2008 loss approaching $6 billion.

EcoLuxury launches new travel website in response to rising occupancy rates

Lindi — Fri, 11 Jul 2008 08:04:36 +0100

Dana G. Mayer, owner of EcoLuxury, said, "We have 100% occupancy at our properties in Florida and Arizona. Many Americans skipped their vacations this year, but we found those who got a good price along with a high quality, healthy experience still hit the road. Green is going mainstream. Affordable green vacation rentals are available all over Europe, and people want the same choices in the US. We have no shortage of guests and we didn't run any gas card or rate specials."

How are Travel Companies Lowering Distribution Costs, Selling Ancillary Products and Maximizing Revenues in an Uncertain Market?

Lindi — Thu, 10 Jul 2008 12:35:35 +0100

At the same time, travel distribution, particularly online distribution, is taking a massive step forward. Innovative travel companies are busy embracing web 2.0 and showing the rest of the business world how to make it pay - key themes at the Travel Distribution Summit North America 2008 (1-2 October, Las Vegas)

ATME APPOINTS PAMELA JOHNSTON TO BOARD OF DIRECTORS

Lindi — Thu, 10 Jul 2008 08:17:30 +0100

Founded in 1980, ATME is a non-profit, professional organization made up of experienced and innovative travel industry marketers representing all divisions of travel. The board of directors guides ATME’s mission of providing members with an ongoing forum for the exchange of creative ideas and effective marketing solutions within the travel industry.

US hotels extremely vulnerable to sharp declines in airline capacity

Lindi — Thu, 10 Jul 2008 07:56:57 +0100

Under a worst-case scenario, a 1% decline in the number of seats flown within the US will result in a 0.39% decline in the demand at the nation's hotels.

Using historical data from Smith Travel Research, Moody's Economy.com, and the Department of Transportation, and controlling for the effects of changes in income and employment, PKF-HR found what many intuitively believe: a highly significant relationship exists between available seats and hotel room night demand.