General

Category Archives for General.

New American Airlines Website Details Benefits Of Secretive ‘Concierge Key’ Level

Apr 26 2020

American used to keep the details of its revenue-based Concierge Key status under tight wraps. They would refuse to answer questions about it. It was even referred to in hushed tones as George Clooney’s character was revealed to have this status in Up in the Air.

Now though there’s actually a new website detailing the benefits that Concierge Key offers. (HT: @xJonNYC)

Continue Reading »

Airlines All Over The World Are Having Success At One Thing – Getting Governments To Give Them Money

lufthansa plane
Apr 24 2020

While there’s no doubt that airlines are struggling in the face of a sudden evaporation of demand for their product, what’s especially striking about this moment is the success airlines are having at the political game given that public health concerns might take budgetary priority – such as prioritizing funds for hospital beds, protective equipment, ventilators (which don’t appear to do much good) but just as importantly for treatments and ultimately vaccine research.

Continue Reading »

Austin Hotel Buyer Walks Away From $2 Million Deposit , Because No One Wants To Own A Hotel Now

Apr 22 2020

The $100 million sale of the Renaissance Austin hotel< failed to close with the buyer forfeiting $2 million in earnest money. The deal was announced in February and hotels are worth a lot less today than they were two months ago – enough so that it made sense to walk away from a $2 million deposit. Whether the unnamed buyer no longer wanted to do the deal (reasonable) or was unable to get financing (also a challenge now) is unclear.

Continue Reading »