A NEW CASINO PROPERTY OPENING IN LAS VEGAS IS ALWAYS A WELCOME EVENT
February 2, 2009
DEVELOPER HOPES "M" IS MAGNETIC - "NEW LAS VEGAS HOTEL" | www.lvrj.com
The proper blend of tourist and local trade is a must for this property. It would be a serious stretch to say the "M" is on the strip - it is located on Las Vegas boulevard, however, on the farthest southern part the is still considered in the city. It will be a rough task to make this property meet all of the owners expectations.
The times are right for Home2 - but how close is it to aloft?
January 26, 2009
Hilton Launches New Focused Service Brand | biz.yahoo.com
Hilton's new brand is well positioned in these times to resonate with consumers.
United and Aer Lingus - will it work?
January 22, 2009
Aer Lingus and United Announce Partnership | www.earthtimes.org
Today's WSJ is reporting that Aer Lingus and United are pairing up beyond their existing codeshare routes to/from the Emerald Isle to launch a new nonstop route from Washington Dulles (IAD) to Madrid (MAD). The flight will be operated by an Aer Lingus A330 aircraft and crew. Made possible by the recent open skies liberalization accord between the US and the EU, this new flight will be interesting to watch for a number of reasons......
January 21, 2009
Cruise trouble on the high seas | blogs.usatoday.com
Prices are being drastically reduced on cruises for 2009 Bookings are down for the wave season signaling trouble ahead Cancellations are up and the booking window is getting very close in
We need to better understand the entire automotive industry ecosystem
January 12, 2009
U.S. Drivers Keep Autos Longer, Shun Showrooms on Job-Loss Risk | www.bloomberg.com
I was on the phone the other day with a colleague from Freescale and I was frankly surprised to hear that the decline that they are seeing in their production/demand is due to the automotive meltdown. Because I'm only peripherally involved in the industry (through GPS and indash infotainment), I really didn't think through that car manufacturers were a primary consumer of semi-conductors.
As oil continues its decline, can it prop up the travel industry's slumping profitability picture?
January 12, 2009
Oil Prices Hit $86 a Barrell | www.msnbc.msn.com
Jet fuel is one of the top 3 cost items for airlines. Since the summer of 2008, the price of oil has declined from $140 barrel to under $40 a barrel today. This should be very good news for investors in airline stocks, as it should directly flow to the bottom line if airline ticket prices hold steady. Likewise, cruise lines' profitability is closely tied to this volatile commodity and the major players in the cruise industry could benefit from the continued decline in pricing. But right now, what we face is a need to stimulate travel, which is normally done through price reductions. Will these suppliers pass on the cost reductions to consumers?
IT WILL NOT BE A EASY PROCESS RESTORING REVENUES BACK TO WHERE THEY SHOULD BE
January 9, 2009
NEVADA - GAMING REVENUES FELL FOR THE 11TH STRAIGHT MONTH | www.lvrj.com
How to approach dropping revenues? Where will the needed business come from in 2009. Has the industry finally bottomed out? Will the bailout packages and government incentive programs give the added disposable income needed for tourism to get back to normal?
The travel ecosystem is shifting, beginning with the GDSs and online players
January 8, 2009
Expedia Vet Takes Orbitz Helm, Sabre Vet Takes Travelocity Wheel | www.btnonline.com
Both Orbitz and Travelocity this week announced new leaders at the helm. Both have cut costs substantially due to reduced revenues and profitability. Orbitz now has a technology savvy, operationally capable, marketing focused executive who is talking already about social media, which implies new models afoot for the OTA. Orbitz had been outpaced by Expedia and Travelocity in the advertising model/social media capabilities, but does it really help them to do a "me too" offering to match Trip Advisor and iGoUGo? Just weeks ago, Amadeus founding CEO Jose Tazon stepped down in favor of his number two, David Jones, who had been the de facto day to day leader for some time, as Jose managed board and investor relationships with their private equity owners, BC and Cinven. Sabre puts its own COO at the helm of Travelocity, not replacing him in the Sabre organization, but instead splitting his job amongst his peers. Is it time to go from 3 GDS companies down to two?
January 6, 2009
MGM MIRAGE OPENS CityCenter's JOB APPLICATION PROCESS | www.lvrj.com
Has the gaming industry started to turn the corner? What's the outlook for 2009 and is it possible to get out of the poor market by years end? Where will the business come from. How should the industry market their goods and services during 2009? Can all the properties survive another poor business year?
The lines of travel distribution are blurring
December 30, 2008
New Report Evaluates Trends in Online Travel Market | www.travelagentcentral.com
The PhoCusWright report that spawned this article reports that the online travel distribution market has shifted to 61% being sold via supplier sites (otherwise known as consumer direct) and 39% is sold via online travel agents. Suppliers are trying to wring more dollars out of frequent, loyal bookers, which means increased focus on personalization, loyalty and community. OTAs, by comparison, are trying to wring any dollars out of their mass of unconverted lookers, as the almighty transaction gives ground to eyeballs and emerging advertising-based lines of business.
Apple brings textbooks to iPad -- Finally
January 20, 2012
PayPal loses a key player in mobile device payments to Yahoo
January 10, 2012
More details and insights about the planned Sears Holdings store closings
January 4, 2012
Three things you should know about Sears store closings
December 29, 2011
Thoughts on GM Volt's recent "rapid thermal expansion" incident
December 6, 2011