Away on Business: Hotel Costs Going Up
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The recovery in business travel has a  dark side for corporations returning to the road: Higher prices  for hotel rooms.
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Many travel agents â or travel specialists, as they are now known â say they have seen an increase in business in the last year or so.
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Some companies are dealing with rising oil costs in unique ways.
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WASHINGTON -- Hotel operator Marriott International Inc. said Thursday that its second quarter earnings rose 11 percent on strong demand for rooms and gains in fees paid by franchisees.
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Business & money: Holidaymakers jetting to America will be able to distract themselves from rising mortgage payments by snapping up bargains with cheap dollars.
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The price of plane tickets is about to rise as travellers are forced to pay for the soaring cost of oil.
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A new breed of hands-on owners is actively pushing hotel managers to wring more profit out of their assets.
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The cost of insurance is set to rise as new rules governing the industry come into force on Friday.
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Four Seasons Hotels, the worldâs largest operator of luxury hotels, reported a fourth-quarter profit on higher room revenue. Four Seasons, based in Toronto, said profit was $16.9 million, or 44 cents a share, in contrast to a loss of $37.8 million, or $1.03 a share, a year earlier. The company said it had higher costs in the year-earlier period related to retirement benefits and lower revenue after ending its lease for the Pierre in New York. Revenue rose 19 percent, to $69.8 million, from $58.5 million, because of an increase in hotel management and ownership fees. Revenue for each available room worldwide rose 14 percent, to $258.13; at properties in the United States, it was up 8.4 percent, to $297.83. Four Seasons agreed last month to be sold to a group of private investors.
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Are you local? Review Mobile phone roaming costs have long being a rip off that has hit business travellers hard. Taking a lead from the extortionate prices hotels charged for overseas calls, mobile telcos have long charged way over the odds.â¦
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Business & money: Spending binge looks likely to be followed by a big rise in personal insolvencies and falling house prices
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Air France and KLM ticket prices are to rise after the carriers imposed further surcharges to counter high fuel costs.
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Hotels are finding that environmentally conscious features â like the bamboo flooring â are in demand from guests and can save money as well.
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By Eric Benderoff, Chicago Tribune  Dec. 12--You better watch out,   You better not cry,   You better shop now,   I'm telling you why:   Shipping costs are going to rise.
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For beach lovers, hotels.com earlier this week had rooms at the Catamaran Resort in San Diego for $149 a night over New Year&#39;s weekend.
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The hotelier's strategy includes slimming down and looking abroad.
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US consumer prices rose more in September than a month earlier, reflecting higher costs for services such as hotel stays and medical care, a government report showed.