Industry Research

E-News Blurbs: Biz Travel Going Up; Limo Booze Bill Passes

Posted on March 16, 2011 by LCT Staff - Also by this author - About the author

ITEMS OF INTEREST: Marriott chief says business travel improving; Nebraska legislators say "Drink Up" in limousines.

Marriott CEO Sees Business Travel Improving BETHESDA, Md. -- Marriott International’s Chief Executive said business travel was improving, and that he wasn’t sensing cancellations from unrest in the Middle East and higher fuel prices.

“We’re trending up with group business. It’s getting better,” J.W. Marriott Jr. told reporters March 7.

“I think businesses are saying ’we haven’t been out of the office in two or three years. We have to get out.’”

The Bethesda, Maryland-based operator of Marriott, Residence Inn and Ritz-Carlton hotels is the largest U.S. hotel company by market value.

Business travel accounts for a bigger slice of the market than leisure. At expensive hotels such as those operated by Marriott International, 80% of the guests are usually business travellers.

Source: Reuters News


Legislators Have The Right Idea

LINCOLN, NE (AP) - Nebraskans who have entertained the idea of enjoying a little bubbly in the back of limousine could soon get the chance under a bill passed by the Nebraska Legislature.


Source: Action 3 News, KMTV/CBS-TV, Omaha, Neb.

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