Travel: Picking Up, Not Taking Off

While the industry is recovering, competition is still too intense for hotels, airlines, and car-rental outfits to raise prices much

When travel companies are looking for better days, you would expect consumers to be guarding their wallets. But this year, at least, the industry's anticipated comeback won't put a big squeeze on travelers. Airfares, hotel rates, and car-rental prices are forecast to show only modest increases in 2004.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.