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Message: Industry Outlook - Is Holiday Travel Recession-Proof?

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Industry Outlook - Is Holiday Travel Recession-Proof?

posted on Jul 29, 08 01:06PM

Dear Shareholders,

Thank you for the various comments and posts on Pro Travel Network. In order to gauge the outlook for the travel industry, the link below gives an update on the industry performance.

Quoting from the article directly

Despite much of the population tightening its belt as the economy worsens, holidays remain a priority, leading some industry figures to claim the business is "recession proof".

http://www.businessweek.com/globalbi...

AGORACOM Investor Relations

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