Originally Posted by
ExperimentalAB
Absolutely, but if Oil remains volatile, so will the economy (and thus leisure travelers' discretionary income). Oil stability at some economically sustainable price will do wonders for us all...
Yeah that's the real problem...oil may be low today, but the damage has been done. Now that we know that it can go to $150 or higher over a few months, managers will be very cautious about going out on a limb with expansion.
I think it will take either years of stable prices or the commercial implementation of alternative jet fuels to get THIS monkey off of our backs.