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Thomson launches the holiday bed bank
Friday, October 08, 2004
2000 hotels and apartments are offered online by Thomson through an initiative called holiday bed bank. It allows users to book individually accommodation from a variety of 1500 hotels in 48 beach destinations, and almost 500 city hotels, from
Theodore Koumelis - Friday, October 08, 2004
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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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