The City of Houston Transportation Department offers the following statistics comparing last year with this year at the same time.
Number of operators January 2008: 303
Number of operators January 2009: 307 (Net gain of 4 companies)
Number of licensed vehicles January 2008: 1,573
Number of licensed vehicles January 2009: 1,454 Net loss of 119 vehicles)
So, more companies, fewer vehicles. Who would know?
I am hearing that the corporate and retail limo buisiness in Houston is holding for now. I am also hearing that the recession gripping the rest of the country will hit Houston hard in about six months.
You should be making your operation as lean as possible now and increasing your marketing.
I am sure we will receive a lot of timely and valuable information at the LCT Limo convention in Las Vegas next week.
We will share that information with you at our next Limousine Association of Houston Meeting on Wednesday, Feb. 4 at the Angel Flight Hangar at Hobby Airport. Be sure to be there. 2009 will be a very tough year and you need all the tips and advice you can get to make it through.
"Hard work pays off later; laziness pays off right now."
Source: Joe Jordan, President, Limousine Association of Houston