WWW.TRAVELWEEKLY.COM DECEMBER 15, 2014
IN OTHER NEWS:
USTOA members are upbeat heading into 2015
Tourism minister says Egypt is back in play
Cruise lines critical of enviro report card
[ WILL BE LARGEST FACILITY IN U.S. ]
Vail to assemble
mega ski resort
in Park City area
See SKI on Page 34
But don’t expect the resulting windfall to
result in U.S. airlines cutting fares.
Analysts said last week that there was little
or no incentive for the carriers to do so at a
time when the aviation sector is
freshly consolidated, highly disciplined and hugely profitable,
at least in North America.
In an earlier era, when the industry was
hemorrhaging red ink, falling fuel prices
would have translated into lower fares for
consumers, and in other parts of the world,
that is in fact expected to happen again. IATA
By Kate Rice
Oil prices last week headed south
of $60 a barrel, some $100 less than
in 2008, when soaring fuel prices
forced desperate carriers to introduce temporary fuel surcharges,
followed by baggage fees, which
evolved into a new industry revenue
model based on ancillaries.
Fuel price drop won’t mean lower airfares
is projecting a 5% overall drop in airfares
worldwide in 2015 thanks to lower fuel prices and an improving global economy.
But industry analysts say they expect no
such drop in the U.S., largely
thanks to the benefits of industry consolidation.
U.S. carriers are reporting increasing profits and showing the strongest
financial performance of all the world’s carriers. In fact, IATA’s report shows that North
American carriers’ collective net income
See CAPACITY on Page 33
By Danny King
Vail Resorts said it will spend $50 million
upgrading Utah’s Park City Mountain Resort
and combining it with nearby Canyons Resort, creating the country’s largest ski facility when linked by gondola in time for the
beginning of the 2015-16 season.
Following completion of the gondola link,
the merged mountains will be known as Park
City Mountain Resort, the company said last
week. The resort’s combined 7,300 skiable
acres will trail only Whistler Blackcomb’s
8,171 skiable acres in British Columbia
among North American ski resorts.
Wyoming’s Big Sky Resort, at 5,800 acres,
is currently the country’s largest, followed by
Vail Resorts’ eponymous operation in Colorado.
Vail Resorts, the largest U.S. ski resort operator, will construct a 60-car, high-speed
gondola that will connect Park City Mountain Resort’s Silverlode Lift to Canyons’ Flatiron Lift. Each gondola car will carry eight
passengers on the nine-minute rides.
Vail will also update and expand Park
City Mountain Resort’s Snow Hut and Canyons’ Red Pine Lodge Restaurants and will
upgrade Park City Mountain Resort’s King
Con and Motherload chairlifts. About $5
million of the investment will be spent on
previously deferred maintenance at Park City
Linking nearby resorts by
means of a high-speed gondola
will combine two mountains in a
single enterprise in Utah.
Norwegian Cruise Line’s Jodi Danyluk dis-cusses growing with tour operators.
AlSol Hotels & Resorts is offering a ‘Same
Time Next Year’ luxury promotion.
Jewish and LGBT-themed tours are among
the expanding people-to-people products.
Friends of the Earth’s arbitrary grading system makes the cruise industry look bad.
THE TRAVEL INDUSTRY’S TRUSTED VOICE
Mobile devices have helped tour guides in count-
less ways, but the technology also underscores the
value of making a personal connection.
BY MICHELLE BARAN