Financial Times

November 10, 2008

Budget Hotels: Ever More Popular

The age of the budget hotel is upon us. Today's Global Traveller special report in the FT includes a column by Alan Parker, chief executive of the Whitbread Group. Premier Inn, the UK's largest hotel chain, is owned by Whitbread.

Parker observes general growth in "budget" brands and services, which includes:

...the phenomenal growth seen by the budget hotel sector in recent years. The number of rooms has more than doubled, from 40,000 to 90,000, in the UK since 2000 alone. Indeed, the sector now accounts for two-thirds of the annual growth within the UK hospitality industry. What's more, occupancy and revenues are growing fastest at the budget end of the market.

Yet there remains huge potential for additional growth.

The branded budget market is still relatively under-represented in the UK, with a 13 per cent share compared to 23 per cent in France and 25 per cent in the US, both more established markets. There is clearly room for more.

And this room for growth has many components. Tough economic times are driving business travelers to stay at budget-friendly hotels. The mass cultural turn toward travel bargains—which continues to fuel the market for low-cost air travel—remains strong. The future is rosy for budget hotels.

October 13, 2008

Weekend Travel Stories: Massive Cruise Ships, Slovenia, Local Destinations

In the Globe and Mail on Saturday, Wallace Immen reports on the supersizing of cruise ships. He profiles the Carnival Splendor ship, which sleeps 3,600 and serves a whopping 60,480 slices of bacon in an average week. (That's 16.8 strips of bacon per person per week at full capacity. Everybody loves bacon, but that's a lot of bacon, right?)

The Splendor's capacity, it appears, is nothing compared to that of Royal Caribbean's Oasis of the Seas ship, set to launch in 2009, which will be able to carry 6,400 passengers at a time. Having never taken a cruise—something that I should do at least once if I want to be able to credibly claim this profession of mine—the thought of being adrift with 6,399 other passengers strikes me as simultaneously overwhelming and somewhat exotic. More seriously, given the fact that cruising is vastly worse for the environment than flying, one does wonder how great a development these massive cruise ships are.

Jan Morris writes in the weekend FT an enthusiastic, impressionistic blur of a Slovenia feature. Since Slovenia checks so many of the obvious European travel boxes—Adriatic beach towns, stunning Alpine scenery, a hip and happening capital—I find it very odd that features like this are not more commonplace. Slovenia is also delightfully affordable, with the exception of the overpriced Ljubljana hotel market. A Slovenia farmstay brochure last summer included information on farms with nightly rates as low as €10 per person per night. (I wish I could link, but I'm away from home and don't have access to my paper files right now.)

Looking through the travel sections of a number of U.S. newspapers this weekend, the most notable shared feature is an embrace of local destinations and short trips. Clearly, this turn is meant to address the ongoing interest people have in traveling and exploring despite tough economic times. The New York Times' New York City special is one example. Another is the Buffalo News' "One-Tank Trip," which yesterday gave Hamilton, Ontario the day trip treatment courtesy of Dorothy Delmonte. The "One-Tank Trip" feature isn't new for the Buffalo News, but it's especially valuable for this particular moment.

April 22, 2008

FT on Green Travel

It's amusing, and also heartening, to see the hippieish line "The world in our hands" on the front page of yesterday's Responsible Traveller Financial Times special report. It does feel as if we've moved into a different place as far as green concerns go, with ever-smaller circles offering recalcitrance to an increasing sense of environmental urgency.

My favorite parts of the special report were Rohit Jaggi's piece on aviation industry movements toward greater environmental responsibility and Robert Wright's article on increased interest in train travel, which quotes Mark Smith, a.k.a. The Man in Seat Sixty-One. The report also has an article on cruise ship industry efforts to go greener, as well as a longish list of eco-friendly hideaways in India, the Gulf, Greece, and Latin America. Very good stuff. It's wonderful to see it in the FT.

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