Tuesday, April 8, 2008

HSMAI Travel Internet Marketing Conference - 1st Presentation

Bobby Bowers, Smith Travel Research, was the first presenter. He talked about the current trends in demand and supply and what to think about in the near future. Here are the key points from his presentation:

1) Supply growth is accelerating, but they expect pipeline attrition due to the current financial markets.

2) The slowing economy is a precursor to slowing demand growth.

3) The top 25 markets are expected to out perform the US overall.

4)The weak dollar makes the US a good target for international travel.

5) The greatest demand slow down factor is coming from leisure travel.

6) It is important to maintain revenue management discipline.



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