Asia, Europe, North America, United States, Hotels and Accommodations, Airlines, Airports, Internet ToolsYou've been bombarded with pessimistic accounts of the travel industry's decline. And, yes, I am fully aware that I'm part of it. Frankly, these reports are true. There is a problem - i.e., people aren't traveling - and it's driven by a combination of macroeconomic challenges and company mismanagement.
Skepticism over the Obama administration's latest plan to bail out the beleaguered banking industry dragged stock markets down in Asia, though not as steeply as the declines in the United States and Europe, The New York Times's Bett... Read Post
North America, United States, AirlinesThe number of passengers passing through planes in 2010 is expected to decline again. The Boyd Group, a consulting firm in this industry, forecasts a decline of 74 million passengers relative to... Read Post