News and notes from around the interweb:
- Save money by changing hotels during your stay some hotels discount more on certain nights than other others, if you’re willing to move you can stay at nicer properties for less.
- Stating the obvious: Financial improvement at American Airlines is due to low oil prices, this makes the airline’s future highly dependent on the price of oil. Airline stocks are largely not growth stocks. While it looked like the US Airways – American merger was US management overpaying, it turned out to be a giant bet on the price of oil which moved in the exact right direction.
In fairness the frequent flyer program makes money, too, though it’s starting to show some weakness.
- After removing Sudan from Africa in its list of countries by region, American Airlines brings Sudan back onto its partner award region chart.
- The seemingly cursed Grand Hyatt Baha Mar will finally open May 29.
- How to generate offers from casinos
- Pattaya, Thailand finds ‘abstaining from sex hard’ (HT: Marginal Revolution) I’ve found this beach town, a little over an hour’s drive from Bangkok, to be mostly sad — though it’s also changed a lot over the last 15 years and has come a long way since US servicemen in the Vietnam War brought dollars to the poor beach town and developed an industry providing them whatever entertainment they wished.
- American Airlines pilots say uniforms are making them ill, too
- This company tries to help airlines bump passengers voluntarily for compensation before they even leave for the airport
- “My Mexican Husband Was Accused Of Trafficking Our Daughter On A United Flight”
I can’t believe what I just read about the Mexican father accused of trafficking his daughter. Why weren’t the passports checked? So much for innocent until proven guilty.
I’d be curious to know what US management paid:
“While it looked like the US Airways – American merger was US management overpaying…l
I absolutely hated Pattaya when I went there for a music festival a couple years ago. I thought the red light district of Bangkok was bad the first time, but it was a whole different level. The city needs to shut down all of its sex tourism
What a waste of time on the article about hotel hopping. How many times can you say the same thing and not say anything of value? These people are definitely A-listers when it comes to that.
We stayed away from Pattaya’s walking street and thought it was a run of the mill Thai city. We were there for 5 days and I don’t think we’ll be back. We did miss the temple there though, so that’s sad for us.
BTW, why does it matter that the dad was Mexican? Shouldn’t this be shocking either way? Yes, yes, it stirs the pot.
I don’t recommend you get your investment advice from most Seeking Alpha writers. The piece you reference has some major financial oversights. It is definitely true that the collapse of oil prices led to windfall short-term profits in 2014, but that is not necessarily the cause of current profitability.. It’s not rocket science to realize that unit revenue (fares) move in conjunction with unit costs (fuel). If oil prices were higher now, airfares would also be higher. No one really knows whether airline profitability would be higher or lower is oil was, say, $70/barrel. FWIW, airline investors rarely cheer lower oil prices. You’ll find airline stock prices to be very similar to what they were before oil prices collapsed — even though some airlines, like AA, used the windfall to buyback a good percentage of their outstanding shares.