Sunday, November 22, 2009 0 comments ++[ CLICK TO COMMENT ]++

Sunday Spectacle XXXVI

US Tourism Down and Out

My company is exposed to US tourism and it has been hit hard by the big downturn in tourism. The surprising thing to me is how OTA (online travel agents) have done so well this year. Expedia and Priceline are up over 300% from their bottom, with Priceline trading at an all-time high, way above the peak in 2008.

(Graphic source: US travel and tourism are going nowhere, BusinessWeek)


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