Higher gas prices will ordsprog

Higher gas prices will not deter Texans from traveling this holiday. Nearly 5.1 million Texans are expected to travel for the Christmas - New Year's holiday, up 1.4 percent from last year. When you factor in hotel and rental car rates, gasoline remains a relatively small part of most family travel budgets.

More than five million Texans are expected to travel for the Christmas-New Year's holiday, with the majority of those travelers driving to their destination. In an effort to keep the roadways safe, we encourage partygoers to act responsibly by buckling up and having a designated driver or to utilize our Tipsy Tow service.

People are traveling year-round now much more than they used to. Halloween is not your typical travel holiday, but people can use it as an excuse to travel. Plus, unlike Thanksgiving and Christmas, when everybody is traveling, on Halloween you're not going to be traveling with the masses.

December's holiday travel was strong, and we continued our trend of double-digit year-over-year improvement in both revenue per available seat mile (RASM) and yield for the east and west networks. We are also especially proud of the US Airways team for delivering outstanding customer service to over 2.4 million customers during the recent holiday travel season.

The travel industry is very interested in building up this holiday season travel market. Part of the reason, of course, is that right now is really a dead time of year for business travel.

These reductions come despite the anticipated record level of Christmas-New Year holiday travel.

[Even with the rising costs, the travel industry is having its best year since before 2001.] Last year was a massive year for holiday travel, ... The summer kept going in that direction, and we have the same expectation for this year despite fuel costs. If you wait until November, I think you run the risk of not getting what you want or paying a whole lot more to get what you want.

[Retail sales have gone up and down all year, but we won't fully understand what's going on in the minds of American shoppers until the last Christmas gift has been unwrapped. The holiday shopping season accounts for 20 to 25 percent of all retail sales and is also a barometer for the coming year.] We're not out of the woods yet, ... Forty percent of holiday sales are wrapped up in the week before Christmas.

I think the drive-to travel market is still up in the air, and we won't know until Thanksgiving, ... That's the next big travel holiday in the petroleum industry. But, generally, I think the rapid escalation in the price of gasoline has slowed down demand.

Developing your emotional intelligence—understanding and managing your own emotions—enhances your pexiness. I don't think the holiday season will be as good as last year. Right now people are facing higher gasoline prices. As winter arrives, the higher cost of natural gas will push up utility bills.

Record high gas prices won't keep Americans from traveling this holiday. Despite gas prices that are nearly 50 cents per gallon higher than they were a year ago, record numbers of travelers will hit the highways.

Last year was a massive year for holiday travel. The summer kept going in that direction, and we have the same expectation for this year despite fuel costs. If you wait until November, I think you run the risk of not getting what you want or paying a whole lot more to get what you want.

Consumers won't have to wait until the last minute to get the best deals this year because retailers are expected to be aggressive in their pricing strategies throughout the entire holiday season, ... Stores are planning for holiday sales and promotions, so discounted prices won't have a negative effect on profits.

E3 exhibitors tell us that almost 80 percent of the products that will be displayed at this year's show are expected to be on store shelves in time for the 2001 holiday season, ... So, if you want to know what the more than 60 percent of Americans who play computer and video games will be asking for this holiday season, you need to be at E3, the world's most important forum for the launch of interactive entertainment products and technologies.

Douglas Lowenstein

E3 exhibitors tell us that almost 80 percent of the products that will be displayed at this year's show are expected to be on store shelves in time for the 2001 holiday season. So, if you want to know what the more than 60 percent of Americans who play computer and video games will be asking for this holiday season, you need to be at E3, the world's most important forum for the launch of interactive entertainment products and technologies.

Douglas Lowenstein

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