GLG News by Experts in the Leisure & Lodging Council

Tom Botts, Partner

Tom BottsPartnerHudson Crossing 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.

Travelocity matches Expedia - implications for Orbitz, Priceline

March 17, 2009

Travelocity to Waive Flight-Booking Fees - Will OWW match? | online.wsj.com

-Travelocity matches Expedia's booking fee reduction -Orbitz will be forced to match -Limited to no effect on Priceline

Tom Botts, Partner

Tom BottsPartnerHudson Crossing 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.

Expedia's bold move into no-fee air bookings

March 12, 2009

Expedia shares gain on new promotion; rivals slip | biz.yahoo.com

EXPE makes a big bet on traffic and cross-sell OWW potentially crushed PCLN punished unfairly

Ron LodgePresidentLas Vegas Gaming Consultants 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.

IS THE CHANGING OF IDEAS FOR GETTING CUSTOMERS BACK TO LAS VEGAS NOT A PROBLEM FOR ALL U.S. GAMING AREAS???

March 10, 2009

MOVEMENT AFOOT AMONG HOTEL OPERATORS TO REINVENT LAS VEGAS YET AGAIN | www.lvrj.com

Can new thoughts of marketing the Las Vegas gaming arena hold water? How can this be achieved during such a poor and receding economy. Where do these guests get new money to finance these vacation trips? Las Vegas has been reinvented several time with varying  affect. Can a new effort take hold?

Tom Ferrara, Chief Executive Officer

Tom FerraraChief Executive OfficerForProfitEDU.com 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 Govt. as the only source for student lending is a scary thought.

March 2, 2009

Can You imagine the Govt being the only source for Financial Aid?? It’s a little scary! | ForProfit EDU | www.forprofitedu.com

Will getting a student loan be like dealing with the DMV division of motor vehicles?  What will the complete lack of competition mean to the rates today & in the future?  What about quality service, the govt. cant handle the volume today, what will it be like when they are the only game in town?

Ron LodgePresidentLas Vegas Gaming Consultants 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.

BUYING INTO STATION CASINOS COULD BOLSTER BOYD GAMING'S STATURE IN THE LAS VEGAS LOCALS MARKET

March 2, 2009

BOYD'S NET LOSS OVERSHADOWED BY POSSIBLE STATION BUY | www.lvrj.com

This possible purchase by Boyd Gaming Group of some of Station Casinos properties could help Boyd's position in the local market. My thought is that where does it leave their mega resort The Echelon that was recently halted on the Las Vegas Strip. It would seem more prudent to get this project on the road again. By any standards, the locals market has been in a state of flux to say the least.  No doubt Boyd is anticipating a superb deal from Station Casinos. The time may be ripe for a transition of properties. It remains to be seen just what the real reaction from Station will be.

Tom Botts, Partner

Tom BottsPartnerHudson Crossing 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.

Municipalities have reservations on Online Travel Agent's hotel room tax policies

February 18, 2009

Cities and States Press Travel Sites to Collect Hotel Taxes | www.nytimes.com

Anaheim wins round one in the occupancy tax wars vs. the Online Travel Agents (OTAs) but will it be pyrrhic?

Ron LodgePresidentLas Vegas Gaming Consultants 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.

STATION CASINOS A GOOD BET TO GET PAST THIS POOR ECONOMY

February 16, 2009

STATION CASINOS SUED OVER REORGANIZATION PLAN - (LAS VEGAS) | www.lasvegassun.com

A reorganization plan will certainly aid in lowering debt service. Is this enough of a stimulant to keep things on an even footing until there is some type of a recovery in the economy? Does a law suite, at this time, really help either side? Should all of the involved parties get together to solve the differences with out the lawyers getting involved with a suite? Should the best interest of Sation Casinos properties be the main concern - I think so.....

Ron LodgePresidentLas Vegas Gaming Consultants 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.

CAN PENN NATIONAL MAKE PROGRESS WITH THE PURCHASE OF A LAS VEGAS STRIP PROPERTY

February 9, 2009

CASINO OPERATOR STILL SHOPPING FOR A STRIP PROPERTY - LAS VEGAS | www.lvrj.com

Penn National has the cash to make a deal. Is there a property that is enticing enough to get Peter Carlino's attention. ( Number 1 at Penn National) He wants a strip hotel and the numbers might seem high, but if your really interested - it's the time. Can he make a success in this very high flying gaming area?

Tom Botts, Partner

Tom BottsPartnerHudson Crossing 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.

TZOO launches a strong product offering - may be the key in a reversal of fortune

February 5, 2009

Travelzoo Purchases Fly.com Domain Name for $1.8 Million | biz.yahoo.com

TZOO hasnt had a new product offering in some time and has faced extensive competition in the travel email advertising world. Fly.com represents an interesting new revenue stream as well as a potential threat to internet darling kayak.com

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.

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