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SkyTeam celebrates fifth anniversary
Friday, June 24, 2005
In celebration of its fifth anniversary, the SkyTeam alliance reflected on accomplishments to-date and outlined strategic focus areas for its next five years and beyond. Members Aerom
Vicky Karantzavelou - Friday, June 24, 2005
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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