The Refinishing Touch Blog

Federal reports and $59 fares: Great deals in a warming economic climate

Consumers looking for a quick weekend getaway this fall or winter are going to be in luck. Airlines such as Southwest and American are cutting prices this year for these typically slow travelling seasons. Although blacked out dates include those around Thanksgiving and Christmas, airplane fares are at an all-time low, with some one-way seats starting as low as a staggering $59.

These low prices could give a real boost to the hospitality industry. As we previously blogged, many hotels are undergoing a facelift with renovations either in the works or already completed, so these new low airfares come at just the right time for these hotels to bring in new customers to take advantage of their freshly updated facilities.

All this encouragement for consumers to travel may be complemented by a warming in the economic climate as this week the Federal Reserve published the minutes of its August 11-12 policy meeting, which stated that the Feds were ‘more confident that the steep downturn in the economy was coming to an end’.

We’ve said time and time again that the hospitality industry can be amazingly robust. With its ability to adapt across its broad spectrum, the industry responds rapidly to and endures through difficult times.

Here’s to the Feds, a promising economic future and consumers jumping at the chance to travel and support the US travel and hospitality industries.

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