We have almost completed half of the year and it does not appear the travel industry vendors are seeing the turn around. Unfortunately, some industry watch dogs are predicting further tough times for the air carriers, car companies, and hoteliers. The latest estimates predict a $9billion dollar loss for all carriers globally. In fact, Richard Branson of Virgin Atlantic Airways predicts that a major US carrier will fail this year.
It is difficult to forecast the resilience of an industry so sensitive to outside influences and so reliant on consumerism. However, one thing is certain, whatever may lie ahead, vendors are looking for ways to win your loyalty.
For example, through our “Top 10 Travel Management Tips”, we offer you Tip #8. Does your company spend at least $20,000 per quarter on one airline? Many of our corporate clients are taking advantage of airline soft dollar programs and if your company travels this much it can earn free tickets and other benefits to offset travel costs. Please keep in mind; these programs do not interfere with personal frequent flier award programs.
If you are unsure or need help with the airline programs, we would be more than happy to assist. Please send and e-mail to clientservices@safeharbors.com and we can help identify your programs and eligibility.
Let us know your thoughts about the state of the travel industry!
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The dumbest thing in travel is airlines charging for the first checked bag. This motivates passengers to (at least try to) carry every thing on board in bags that don’t fit. The result is slow boarding and crowded cabins.
The second dumbest thing in travel is in-flight phone or VOIP access. It’s bad enough that I have to hear inane phone conversations elsewhere. Now I have to endure them while flying.
Yes, the extra bag charge has put the legacy carriers in such a bad light. Take a look at Southwest and how they are spinning it into their favor for not charging for bags. At least one carrier is thinking long term.