Daily Archives: March 8, 2009

Travel Prices May Be Bottoming Out

The conventional wisdom is that there’s nothing worse for an airline than an empty seat, for a hotel, an empty room, and for a cruise line, an empty cabin. Better to sell it at a deep discount than to get no revenue from it at all.

That principle has brought us $240 round-trip flights from coast to coast, $65 rooms in luxury hotels on the Las Vegas Strip and cruises at under $50 a day. But it only applies up to a certain point.

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