Chris Elliot has an interview with Clem Bason who is the president of Hotwire.com. In this Bason says deals are ending and you have never had it so good.
I beg to differ. Judging from the publicly available data for forward projections - I don't think that the deals are ending soon. I think we have to get through a pretty bleak fall/winter/spring season before we start to see any shoots of any meaning.
OK so this is a blanket statement and does not apply to all markets but for bargain hunters - there is clearly an open season here on just about everything. You can still get a round the world ticket for under 600 Pounds which puts everything into perspective.
Just because Hotwire is suffering - doesn't mean that the market is actually hurting. Hotwire's business model is under threat - just like that of the rest of the Expedia group. Priceline is still eating their lunch.
Agree? Let's have that discussion in 8 months time.
Cheers
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