GLG News by Cruise Lines Experts: Travel Agents

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Hotels RevPar decline - It is more than just the economy coming out of recession

July 20, 2009

Reservations Mount Over Hotel Stocks | www.businessweek.com

While the economy plays a significant role in hotel RevPar results, their is much more to it than just that. "Events and Meetings Management" (EMM)-still no signs of life. Corporate travel budgets are typically built in the fall for following calendar year-so no growth until next year at the absolute earliest...MAYBE! If you have a decline in air service you are going to have a decline in RevPar...it is that simple...and the hotels should have seen it when airlines first announced those cuts.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Cuba is not the "end all, be all" for the cruise industry

July 20, 2009

Cruise companies rise on sector's surge, U.S.-Cuba talks | www.reuters.com

1. Cuba will create a boom for the cruise industry....not really.2. If passed if will be several years before implemented.3. Cuba needs a lot of infrastructure work to support this potential move.4. Benefits other than cruise lines...entire Cuban economy, local hotels and building industry will have the biggest positive impact...could also lead to the demise of Castro and socialism.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Top Ten reasons to use a travel agent

June 25, 2009

Why Use A Travel Agent? | www.travelagentcentral.com

A David Letterman, tongue in cheek approach at why "use a travel agency".  Hopefully you wail see both the humor and the "deeper meaning" As travel becomes more "unbundled" it becomes more complicated (read: fees for everything...including checking in, using the lavatory on airplanes, a "resort fee" for a resort hotel etc.)  It is only going to get worse...so let someone else sort through it for me (and you)!

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

If it did not work before in better economic times, what makes you think in will work now?

June 8, 2009

Jet America Airlines to fly for 9 dollars | www.freshnews.in

This model will fail...again. Cannot believe someone would invest in the person (Weikle) that started Skybus... a company that failed within months of startup.  At least Donald Burr and Freddie Laker enjoyed years of success before going out of business This is not another Allegiant model...unfortunately...if it were and done by someone else...it just  might make it. 

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

AF-KLM eyes CSA and now purchased 25% interest in Alitalia

March 26, 2009

Air France-KLM eyes CSA, crisis ongoing | www.reuters.com

AF-KLM seems to have taken their eye off of the core AF/KLM airline. There is a point of diminishing returns when it comes to economies of scale and they have reach that point! EU may take a greater interest should their be anymore consolidations. This assumes that Iberia remains a separate entity or does something with BA. Lufthansa done a better job of acquisitions, investments and starting new business and seems to be more strategic in their approach.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

BA/IB Merger talks has 2 Opportunities to Collapse

February 2, 2009

British Airways-Iberia merger talks on the rocks | www.reuters.com

 1. BA stock price at 133 pence and potentially can go lower could call off the talks. 2. AA/BA antitrust immunity request could likewise kill the deal.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

International Travel to Canada is down for the same reason International Travel to the US is up YOY.

May 27, 2008

Travel to Canada hits 5th straight record low | www.thestar.com

Paraphrasing President Bill Clinton's campaign strategist, James Carville... It is the Loonie stupid!  It is also the economy, price of gas. The reverse phenomenon is occurring in the US...where it is the dollar stupid!

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Funding of the air traffic control system should be doen on an equitable basis

March 5, 2008

Senator Sees FAA Funding Blocked For Year Over User-Fee Issue | online.wsj.com

- Current Fee structure is illogical. Airlines pay 90% of the cost for two-thirds of the usage. - The Air traffic control system is going to get far worse with the continued growth of corporate aircraft and "very light jet" (VLJ's) -Airlines pay for 90% of the air traffic control system and use only two- thirds of the system. - This proposal  being considered is based on user fees which is far more logical, and equitable.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

The airline mergers is not nessarily a "done deal" ...many obstacles remain

February 6, 2008

Airline Merger could bring anything | news.enquirer.com

*    Will the Bush administration or the next administration approve   approve any airlines attempt to merge? *    Unions and communities will fight any merger attempts. *    Other carriers like American and Southwest will likewise lobby against any mergers. *    Premises for mergers is not valid since there are too many profitable network carrier that are smaller than any of the individual carriers that are in play.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

There is no such thing as a good airline merger

January 18, 2008

Delta delays Comair sale as it explores merger hopes | www.ft.com

*Service will get worse...I know that is hard to imagine. *Fares will go up. *Communites will loses both Hubs, flights and jobs. *If it happens it will be Delta merging with Northwest and United merging with Continental and no one want US Airways

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