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Travel Industry Shaken by Economic Downturn (New York Times)
The travel industry has been hit hard by the economic slowdown, particularly in the last few weeks.
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Budget Travel honors affordable travel innovations (AP via Yahoo! News)
A government agency, an airline, a bus company and several Web sites were among the recipients of Budget Travel Magazine's annual Extra Mile Awards, honoring "noteworthy innovations, large and small, that make travel easier, more enjoyable, and/or more affordable across all aspects of the industry."
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Travel Tips: Readers' air, cruise and hotel secrets (USA Today)
Each week USA TODAY taps our traveling audience for the their best advice on air travel, cruising and hotels. Leave a tip or take a tip it could be run in an upcoming issue of USA TODAY.
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Avis Credit Risk Soars on Debt Costs, Travel Slowdown (Update3) (Bloomberg)
Oct. 6 (Bloomberg) -- The cost of protecting bonds of Avis Budget Group Inc. from default increased the most in at least four years last week on concerns that the economic slump will hurt travel and rising interest rates will raise borrowing costs.
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Avis Credit Risk Soars on Debt Costs, Travel Slowdown (Update1) (Bloomberg)
Oct. 6 (Bloomberg) -- The cost of protecting bonds of Avis Budget Group Inc. from default increased about 40 percent last week on concerns that the economic slump will hurt travel and rising interest rates will raise borrowing costs.
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Avis Credit Risk Soars on Debt Replacement, Travel Slowdown (Bloomberg)
Oct. 6 (Bloomberg) -- The cost of protecting bonds of Avis Budget Group Inc. from default increased about 40 percent last week amid fears that the economic slump will hurt travel and as some money-market rates, to which the company's debt is tied, jumped to records.
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Pinoys in UAE cautioned vs dealing with travel agents (GMA News)
MANILA, Philippines - Following reports of stranded expatriates in Kish Island and Qeshm in Iran, Filipinos in the United Arab Emirates (UAE) were warned Tuesday against dealing with travel agents and re-entry visa facilitators.
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Everett man injured in travel trailer fire (Seattle Times)
A South Everett man was injured when his 22-foot long travel trailer was destroyed by fire early today.
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BTN's 2008 Travel Manager Salary & Attitude Survey (Business Travel News)
JULY 21, 2008 -- The 25th annual edition of Business Travel News' Travel Manager Salary & Attitude Survey is the first in which the average travel manager respondent earns a six-figure salary, a $100,402 figure that is 3.3 percent higher than the $97,161 average BTN reported in 2007.
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BTN Names Intel's Stowe 2008's Top International Travel Manager (Business Travel News)
OCTOBER 06, 2008 -- Business Travel News named Intel global strategic sourcing mobility manager Megan Stowe the 2008 International Travel Manager of the Year yesterday during the opening session of the Association of Corporate Travel Executives global conference in Rome.
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