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E
L L I O T T' S TRAVEL
NOTES
Travel news, opinion and analysis
January 29,
2004
Better
Beds, Bigger Profits?
For hotel companies trying to fluff up profits, it has become all
about the bed. This week, it's Hampton Inn's turn. The mid-priced hotel
chain based in Memphis, Tenn., is announcing an $80 million makeover
that promotes the purchase of higher quality mattresses, pillows, comforters,
and sheets. Hampton Inn, owned by Hilton Hotels Corp., wants to lavish
budget-conscious travelers with a taste of what they'd find at more
expensive hotels. Its vision borrows heavily from the success that Westin
Hotels and Resorts, Ritz-Carlton Hotel Co. and other higher-end brands
have had in recent years marketing the luxuriousness of their bedding.
AP | Posted 6 a.m.
<-- IB:
Hampton designed its own alarm clocks
Hotel amenities are great as long as they're actually needed. Not
every perk is welcome. Send us your comments.
'03
Worst For International Tourism
Battered by a series
of problems, international tourism arrivals fell 1.2 percent in 2003,
the biggest annual drop ever. However, the outlook for this year is
much brighter, according to the World Tourism Organization (WTO).
"In 2003, international tourism lived through another exceptionally difficult
year in which three negative factors came together: the Iraq conflict,
SARS and a persistently weak economy," explained WTO Secretary-General
Mr. Francesco Frangialli. The Iraq conflict and the high level of uncertainty
leading up to it depressed worldwide travel in the first quarter of the
year. Travel
Daily News | Posted 6:15 a.m.
-- Reuters:
France remained top destination
-- Nation:
World tourism poised for upswing in '04
Time
Running Out for US Airways
If current talks between US Airways and pilot union chiefs lead to
a contract proposal, time is running short for the airline to put
major changes in place. While by no means assured, proposed changes to
the pilots' collective bargaining agreement would first have to be ratified
by unionized pilots. And that process would take 30 to 60 days, said the
Air Line Pilots Association. "US Airways probably would be in serious
trouble by late spring" without changing how it operates, Ray Neidl,
an airline analyst for Blaylock & Partners. Tribune Review
| Posted
6:20 a.m.
-- Post:
Pilots pressed to fly more
-- Reuters:
US Airways asset sale draws bidders
-----------------------------------
And finally ... sadly, more US Airways news dominates today's rumor
mill. The investment bulletin boards are buzzing with players who are
selling the company's publicly-traded shares short in anticipation of
a Chapter 7 filing. That's Wall Street-speak for liquidation.
Posted 6:30 a.m.| Send us your comments.
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