"JUST LIKE THAT LTD" INTERNATIONAL HOTELS NETWORK.

Released 19 April 2011

Key points from our full report on

premium and economy travel in February:  

Business travel has been driving this seat class and the corporate sector is in good shape with plenty of cash and high profit levels;

World trade was expanding strongly and business confidence rose to near record levels in February, boosting business travel;

However, economy travel slowed more sharply from 4.9% to 3.3% in February;

Consumer confidence has slipped in China due to government policy and in parts of Europe due to financial crisis;

However, US consumer confidence has risen strongly since October;The 2% fall in the level of economy travel since October coincided with a 34% rise in the price of jet kerosene;

The impact this surge in fuel costs has had on travel costs is now damaging this price sensitive travel segment;

Since February oil prices have risen further, MENA unrest has continued and the Japanese earthquake has hit confidence and global supply chains;

However, most economists do not expect these events to stop the economic expansion worldwide;The next few months will show weaker travel but if the broader economy does continue to expand then growth in air travel should resume.  

A Warm Welcome,

We look forward to offering you ,some of the Best Hotels,Airline Tickets,Safaris at Rates unmatched by any Travel Supplier in the Region.

We offer Value For Money !

Sanjeev Sharma

Marketing Director

Just Like That Ltd

Nairobi

Kenya