Things With Wings

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  • Bloomberg Video On The Weak Travel Sector
    Posted by Christopher Fotos 11:41 AM on Aug 21, 2009

    Yesterday Bloomberg interviewed Clem Bason, president of the travel booking site Hotwire.com, and it turns out prospects for airline and hotel bookings are still pretty bleak. One of the more extreme indicators: Bason said you can book four-star hotels in cities including San Diego and Orlando for $50-$60 a night. Bason thinks travel deals will get even better after summer vacations have passed, while fees continue to "come hard and fast," although some booking websites have cut theirs.l

    Tags: tw99, video, Bloomberg

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