October 29, 2008 2:34 PM
- Text
Travel Roundup: $1,000 Domestic Flights, Hertz Raises Prices, Hotels Raise Rates and More
(MoneyWatch) A domestic flight for $1,000? -- Sabre Airline Solutions studied thousands of airline tickets during the Thanksgiving holiday and found that 3.8 percent of round-trip tickets cost $1,000 or more. Another 5.2 percent were at least $900. [Source: Today in the Sky Blog]
Hertz raises prices in North America and Europe -- Hertz will start raising prices at its retail rental branches in North American and Europe by Nov. 10. Increases will typically be more than 10 percent, or more than $5 a day, in domestic airport markets and at least 2.5 euros per day in European markets. [Source: Hertz]
Average daily hotel rise rises despite soft market -- Smith Travel Research reported hotel rates went up 3 percent in North America as the economy went south. Occupancy levels, however, fell 5.9 percent to only about 60.6 percent. [Source: Travel Weekly]
Time-shares look for federal relief -- The American Resort Development Association is hoping the government, for a fee, will guarantee time-share mortgages to help thaw out the credit market. In the past, time-share developers paid to guarantee customer mortgages.
[Source: Orlando Sentinel]
Hertz raises prices in North America and Europe -- Hertz will start raising prices at its retail rental branches in North American and Europe by Nov. 10. Increases will typically be more than 10 percent, or more than $5 a day, in domestic airport markets and at least 2.5 euros per day in European markets. [Source: Hertz]
Average daily hotel rise rises despite soft market -- Smith Travel Research reported hotel rates went up 3 percent in North America as the economy went south. Occupancy levels, however, fell 5.9 percent to only about 60.6 percent. [Source: Travel Weekly]
Time-shares look for federal relief -- The American Resort Development Association is hoping the government, for a fee, will guarantee time-share mortgages to help thaw out the credit market. In the past, time-share developers paid to guarantee customer mortgages.
[Source: Orlando Sentinel]
Latest Now in MoneyWatch
- Could "web-lining" be dangerous?
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
- Friendly's CEO steps down
- Quarterly loss hits $3.3B at Postal Service
- Greeks rail against cuts as EU demands more
- 6 things you should never share on Facebook
- Make moves now to increase financial aid
Latest CBS News Headlines
on Facebook
on CBS News
- On thin ice, and a long course, with the Dutch
- Serbia urges citizens to save power in big freeze
- Drama, intrigue mark Grammys run-up
- Famed Spain judge convicted of misusing authority
on Facebook
- Adele sings a cappella for Anderson Cooper
- Occupy protestors kicked out of CPAC
- Beyonce and Jay-Z post first photos of Blue Ivy Carter
on CBS News






