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Looking ahead to 2013

January 07, 2013

The industry's engines aren't firing perfectly on all cylinders just yet, but they are purring well enough to meet demand, maybe exceed expectations, and make a profit.

Unfortunately, the major players can only go so far to make it happen. As always, they're going to be at the mercy of external events: global oil prices, macroeconomic forces, Middle Eastern geopolitics, U.S. government policy, European monetary policy, storms and all the rest.

In short, if 2013 turns out to be a bummer for travel, it very likely won't be the industry's fault, because travel companies have spent the better part of the recession taking care of business.

Get the full story at Travel Weekly

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