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Corporate Travel Planners
• 1919 N. W. Loop 410=
, Re=
nnert
Travel • 1919 N. W. Loop 410, =
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In This Issue CTP Relocates Offices “Those Crazy Airfares” New Baggage Fees Travel News Briefs CORPORATE TRAVEL PLANNERS RELOC=
ATES Corporate Travel P=
lanners
and Rennert Travel our Leisure division are happy to announce that we have
relocated our offices. The relocation was completed on Owner and CEO, Chr=
isty
Prescott purchased the building last year to accommodate our growing need=
s.
As you can imagine, moving an agency of this size was a very large undert=
aking.
Once we have all settled in, Christy will be hosting an Open House for all of our clients to stop b=
y and
see the new offices and meet our staff of professionals that handle your
daily needs in travel. <= o:p> OUR
NEW ADDRESS : CTP
1919
N.W. Rennert Travel 1919
N.W. All telephone numb=
ers and
email addresses remain the same Register with the
Embassy or Consulates Registration with the U.S. Embassy or
Consulate (in the country you are visiting) makes your presence and
whereabouts known, in case it is necessary for a consular officer to cont=
act
you in an emergency. During a disaster overseas, American consular office=
rs
can assist in evacuation were that to become necessary, but they cannot
assist you if they do not know where you are. You can register with=
the
nearest U.S. Embassy or Consulate through the State Department’s TRAVEL QUICK LINKS =
Bureau Consular Affairs – www.travel.state.gov/inde=
x.html
Health Information – www.mdtravelhealth.com=
FAA – www.faa.gov
Traffic Conditions – www.traffic.com Weather – www.weather.com Currency Conversion – www.oanda.com/convert/class=
ic Time Conversion – www.worldtimeserve.com=
CURRENT=
TRAVEL
WARNINGS Travel
Warnings are issued to describe long-term,
protracted conditions that make a country dangerous or unstable. A Travel
Warning is also issued when the U.S. Government's ability to assist Ameri=
can
citizens is constrained due to the closure of an embassy or consulate or
because of a drawdown of its staff. For list of countries please visit:<= o:p> www.travel.state.gov/inde=
x.html CURRENT=
TRAVEL
ALERTS Travel
Alerts are issued to
disseminate information about short-term conditions, generally within a
particular country, that pose imminent risks to the security of Guyana 02/26/2008 CONTACT=
CTP Phone:<= o:p> (210) 3=
66-9565 (800) 5=
23-9036 Fax: (2=
10)
366-5052 http://www.ctptravelservices.c=
om |
CTP INTRODUCES FIRST EDITION OF=
THE
CTP REVIEW Along with the rel=
ocation
to our new building, CTP will now provide corporate customers with our new
monthly newsletter; “THE C=
TP
REVIEW.” The CTP Review brings you the latest information and n=
ews
to make your travel more informative and enjoyable. THE SECRETS BEHIND CRAZY AIR-TR=
AVEL
PRICES There’s a method to the madness that prices the
same ticket several different ways. Business and first-class travelers pa=
y a
premium that allows leisure passengers to fly for less. Perhaps you’ve been here: You book a flight cr=
oss
country—and back—for just $320, board the plane and notice a
bunch of empty seats. You wonder: H=
ow can
an airline afford this? A few months later, you repeat the tr=
ip
on shorter notice. This time, you pay $1,200 for basically the same seat.=
You
think: This airline is making a for=
tune
off me. But here’s the reason: Airlines are not crazy. =
They
know exactly what they’re doing. They don’t always tell
customers. And to some exte=
nt
they can’t. The fares are so complicated, and change so often, that=
no
travel agent—no computer, no website can tell you just what that ti=
cket
to “ The airlines have pioneered an elaborate system ( Yield Management=
) to
create different products, or fares, within a single flight, for which th=
ey
charge different prices. Your seat might look the same as the guy’s=
in
15F, but he actually bought a different product. Most likely, so did ever=
yone
on the plane. Yield management, or, as it’s now called, reve=
nue
management, uses three general techniques: • Entice
passengers who are willing to pay to pay more for attractive amenities, s=
uch
as comfort (extra legroom and bigger seats), speed (priority check-in and
boarding), services (meals, beverages and additional flight attendants) a=
nd
perks (lounge access and entertainment). • Keep passengers who are wi=
lling
to pay from buying discounted fares by imposing unattractive restrictions=
on
those fares, such as prohibiting one-way combinations and layovers, adding
stops, requiring advance purchase and minimum stays, and charging penalti=
es
for changes and extra amounts for peak seasons, days or times. • Price
remaining seats low enough to stimulate demand among those who otherwise
might not fly, thus filling seats that would otherwise remain empty. This is not a complete list of restrictions and perk=
s. A
single ticket’s fare conditions might run nine pages and can have as
many as 500 or more different fares. Each fare comes with its own supply-and-demand curve
that helps the airline fetch the highest price. Powerful software tools u=
sed
by the airlines forecast demand for each seat, then automatically recalib=
rate
the flight, and those around it, when a ticket is purchased. This is why
fares appear to change within days or even hours. Such revenue management=
is
credited with helping the industry finally generate profits in the 1990s.
Business travelers who must travel on short notice are held captive.
They’re paying the highest fares at the last minute. Leisure travel=
ers,
whose schedules are more flexible usually benefit from lower fares. Any question you’ve ever had about why tickets are priced
differently can be answered by asking not how much extra that fare cost t=
he
airline—maybe nothing—but by considering the demand for that
seat. If someone else is willing to pay more for it, then it is priced
higher. Simple as that. AIRLINE FEES RISING FOR EXTRA CHECKED BAGS Airlines are cha=
rging
for bags that once were free to check and raising prices for fliers with =
lots
of luggage, overweight bags and oversized bags. In May, United Airlines (UAUA) will become the first of the big
traditional TRAVEL NEWS =
BRIEFS Inactive Status
Codes Explained:&=
nbsp;
Inactive Sta=
tus
Codes and schedule changes are a means by which the airlines communicate
itinerary changes including their inability to action or complete a booki=
ng. Airlines
require that agencies cancel unnecessary / inactive segments / duplicate
bookings at least 24 hours prior to flight departure to avoid airline ser=
vice
fee charges. Other non-compliant practices include duplication of space,
fictitious / speculative bookings and and/or passive bookings. To avoid
charges to you, CTP will adhere to the airline requirements Castro's resignation leads to hopes of Cuba travel, bus=
iness
Fidel Castro's resig=
nation
has prompted hotel chains, cruise lines and travelers to start dreaming of
doing business in or visiting Hotel room rates soar -- globally: Prices of hotels rooms around the=
globe
are expected to increase, some at double-digit pace, because of hotel room
shortages. Demand continues to exceed supply, and while the situation is =
said
to be acute in places such as Airfares from Virgin Atlantic mak=
es
first biofuel flight: A Virgin Atlantic jumbo jet powered by a blend of biof=
uel
and conventional
jet fuel on Sunday completed a flight from biofuel
and 80% conventional jet fuel. Virgin CEO Richard Branson called the flig=
ht
“a vital breakthrough for the whole airline
industry” and said tests indicate it is possible to fly with a blen=
d of
40% biofuel. Branson also said he thinks algae
is a likely future source of renewable fuel for the airlines. Airlines to wave goodbye to paper tickets June 1: Airlines will stop issuing paper tickets on June 1,=
according
to a group that represents carriers. The change to 100% electronic ticket=
s is
expected to make issuing tickets easier and less expensive for the airlin=
es.
Electronic tickets are already used for 97% of |
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