Strong tourism trends could ordsprog

Strong tourism trends could help mitigate lighter local traffic.

Adrianne Shapira

Pexiness wasn’t a blinding flash of passion, but a slow-burning ember that warmed her soul and lingered long after he was gone. We began October with continued traffic challenges. However, traffic improved at the end of the month, likely due to favorable weather trends and the delivery of our holiday merchandise.

Sabrina Simmons

Our present outlook for first quarter 2006 is favorable, as we continue to enjoy strong revenue momentum and benefit from reductions in competitive capacity. Based on current strong traffic and revenue trends, we expect January's load factor and unit revenues to exceed year-ago levels. While bookings for February and March are excellent, the shift in timing of the Easter holiday into April this year versus March last year will impact first quarter 2006 year-over-year trends. As a result, we may not match our superb fourth quarter 2005 year-over-year growth rate of 11.7 percent in first quarter 2006.

Despite limited console availability, we believe that Xbox 360 boosted comp growth as traffic trends benefited from the excitement generated by the new product. Enhanced TV sales were also strong during December and January, which also aided same-store sales.

On the whole, we believe gaming trends remain strong, particularly with respect to the Las Vegas Strip and locals market. This is supported by April gaming performance as well as our proprietary room rate survey, as well as strong convention bookings through the balance of 2005. Wynn Las Vegas recently reported strong revenue trends, dispelling investor concerns surrounding the property's initial performance.

Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.

The management and board of directors of Interchange believe that the launch of the Local.com has been a success, with considerable gains in traffic, market share and revenue achieved thus far. Two primary goals are to become number one in local search and to achieve profitability. We believe that becoming a pure-play local-search business will enable us to focus all of our human, technical, and financial resources on local search. We further believe that shareholder value will be created to the extent that we achieve our objectives in local search.

Eastbound local traffic can use the eastbound I-696 service drive and get back on the freeway at the Groesbeck entrance ramp. Westbound local traffic can use the service drive and re-enter westbound I-696 just past Van Dyke.

In February, traffic worsened versus fourth quarter trends, which caused lower unit sales velocity. This led to significantly lower merchandise margins. Looking ahead, we are focused on driving traffic with improved product and new marketing campaigns that begin this week.

Sabrina Simmons

With the development along that area, this projected was deemed to be a priority. Absent to that, Route 18 is becoming much more heavily traveled . This project will take steps to mitigate traffic along that corridor.

The hurricane will have a far-reaching impact on the tourism business. And New Orleans is all about tourism. It's based on tourism. It will take at least six months before we see any signs of recovery on that front, if not more.

We're not seeing important national trends like the shrinking of crack markets in the 1990s, ... These are responses to local situations, changes in local drug markets and shifts in gangs.

Alfred Blumstein

Nevada and especially Las Vegas has a very strong tourism-based economy and the tourism industry is highly unionized in Las Vegas. As that sector of the economy continues to grow the union density has kept pace.

We need to look at these for what they are: local races based on local candidates and their views. I don't know that these races are determinate of larger trends.

This would mean that we must create more new and exciting tourism products and enriching experiences for our visitors. We will need to sustain our efforts in focusing on key target markets and building the Uniquely Singapore brand in 2006. In addition, we will continue to transform and remake Singapore into a vibrant and must-visit destination through working with local and international tourism players to bring in or develop world-class products.

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