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Wednesday, November 26, 2008

Expedia Press Room - Press Releases

Expedia connected to me via Twitter. There was a link that caught my eyes. The travel industry isn't according to this doing so badly. Is there still some power left in the economic engine?

Expedia Press Room - Press Releases: "Despite Tough Economy, 'Tis Still the Season for Holiday Travel | Updated Nov. 19, 2008.

BELLEVUE, Wash., Nov. 18 /PRNewswire-FirstCall/ -- Expedia®, the world's leading online travel company, today released the new issue of the quarterly Expedia Travel Trendwatch®, focused on the holiday travel season. Most notably, this issue of the Trendwatch predicts that the upcoming holiday and winter travel season will not differ greatly from previous years, and with fuel prices declining in recent months, many airfares are the same or even lower than the 2007 season. The report also highlights the 'peaks and valleys' of holiday travel prices this year, as well as suggestions for making holiday travel budgets stretch.

'The holidays are always the busiest and most expensive time of year for travel,' said Chris McGinnis, editor, Expedia Travel Trendwatch. 'Initially, it looked as though holiday travel prices would be significantly higher this year, but we are finding that rates are, in fact, on par or in some cases, even less than last year.'"
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