Monday, August 18, 2008

Lessing Travel

Galileo, Worldspan and Amadeus are all reporting a softness in bookings for the U.S. as well as other regions, including Europe and Asia. The trend has been developing since the first quarter, Travelport GDS officials said, but has recently accelerated.

Travelport GDS today said booking trends in the United States for both its Galileo and Worldspan properties continued to soften through the second quarter and into the third, noting the softness—largely confined to the Americas in the first quarter—has spread to other regions, including Europe and Asia.

Other GDS executives recently noted similar booking trends. In North America, "It's relatively flat on the TMC side," Amadeus group vice president of the multinational customer group Gillian Gibson said last month. "It differs by region. The U.S. suffers the most followed by Asia, except for Australia because of all the mining and exploration companies' business travel. Europe and the Middle East are still growing."

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