HOCKEY STICK: The ballyhooed economic recovery looks increasingly like a hockey stick; thanks to a failed porky stimulus package and higher taxes that will lower the value of U.S. currency and exacerbate inflationary risks -- while continuing to spook consumers into saving and pinching even more.
LATEST OUTLOOK ON BUSINESS TRAVEL at least shows no more decline, but not nearly enough growth to warrant a sigh of relief. All the more reason for operators to diversify and grab hold of the growing motorcoach and mini-bus market segments. -- M.R.
Print | posted on Thursday, October 01, 2009 3:59 PM