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E
L L I O T T' S TRAVEL
NOTES
Travel news, opinion and analysis
April 22,
2004
Hotel
Rates Poised to Climb
A recovering economy
will offset rising gasoline prices and more Americans seeking the
thrill of travel will boost hotel occupancy rates, according to consultants
PricewaterhouseCoopers. "The summer occupancy levels are great
news for the industry, as occupancy will recover to (year) 2000 levels
when the industry had one of its strongest years ever," said Dr. Bjorn
Hanson, global industry leader at PricewaterhouseCoopers Hospitality &
Leisure Practice. Lodging occupancy from the Memorial Day weekend in late
May through early September's Labor Day weekend period should rise
2 percent from last year to 69.1 percent, the highest since 2000,
when occupancy reached 72.1 percent. The Memorial Day and Fourth of July
holiday periods should show increases from last year and Labor Day occupancy
should be similar to 2002, Hansen said. Average gasoline prices hit a
record this month, but the increase would only depress hotel occupancy
by one-quarter to one-half of a percentage point, Hansen noted. Reuters
| Posted 7 a.m.
--
BTN:
Hotels get bolder with increase in demand
As hotels start doing better, I would expect properties to take
a hard-line approach to items like surcharges and extra fees. Guests used
to be able to talk their way out of them in tougher times. Send
us your comments.
Car
Rental Taxes Can't Fund Cowboys
Proposed tax revenue to help pay for a new $1 billion Dallas Cowboys
stadium development might not be available if the facility is built
in Fair Park, county officials say. The location where the State Fair
of Texas is held annually has been the front-runner among alternatives
for a new venue to replace the aging Texas Stadium in the Dallas suburb
of Irving. But a portion of state law that forbids using rental-car
taxes to finance a sports venue that is part of a city park and recreation
system was cited by county officials as a likely impediment. They said
the law also may forbid the use of hotel occupancy taxes. Fair Park, just
southeast of downtown, has emerged in the last several weeks as the favorite
site for the development, which includes an all-weather stadium with an
estimated cost of $650 million. Team representatives have been meeting
with city and county officials on the project, which would be financed
with up to $400 million in hotel and rental car taxes. AP
| Posted 7:10 a.m.
--
Morning
News: Car rental taxes should be used for plan
Travel
to U.S. Hurt After Restrictions
Top Bush
administration officials said yesterday that restrictions on the entry
of foreigners have prompted many to shun travel to the United States.
They recommended a review. "This hurts us," Secretary of State
Colin L. Powell said, citing a 30 percent decline in overseas visits to
the United States over 2 years. "It's is not serving our interests. And
so we really do have to work on it." Homeland Security Secretary Tom Ridge
said the security benefits derived from the post-Sept. 11 restrictions
have had unwanted economic side effects. Powell and Ridge made their comments
in testimony to the House Judiciary Committee. Powell cited the
example of a Harvard PhD candidate from China who returned to his homeland
to attend a wedding but was unable to resume his studies for months because
he had neglected to reapply for permission for the return trip. AP
| Posted 7:25 a.m.
<--
PBN:
TIA warns that new rules will hurt tourism
-----------------------------------
And finally ... in the last issue of Elliott's E-Mail, some versions
contained an incorrect link to the story about monkeys at Fort Lauderdale
Airport. Here's
the correct link. Posted 7:30 a.m. | Send us your comments.
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