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Travel Slump Has an Upside: Deals on Hotels

WSJ.com: "Some resort companies are targeting airfare increases directly. Sandals, a chain of 12 all-inclusive resorts for couples in the Caribbean, just announced a 'fly-free' offer with an airfare credit of up to $550 per person for trips booked by Oct. 23. So far this year, Sandals has seen record occupancy, says Kevin Froemming, president of Unique Vacations, the company's sales and marketing arm. But because Sandals caters largely to honeymooners, most bookings are locked in many months in advance, he says, and starting around June and July, he says he saw 'a definite shift in people holding on to their money more,' with advanced bookings falling about 10% from last year. Elite Island Resorts, which also has properties across the Caribbean, announced this week a promotion that guarantees round-trip airfare of $299 on AMR Corp.'s American Airlines flights to Elite's properties in Antigua."

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Caribbean holiday deals

http://www.kansascity.com/737/story/748634.html "Fly freeSandals Resorts has a Fly Free Promotion, with air credits of $350 to $550 a person for travelers who book a minimum three-night stay at one of the all-inclusive Caribbean properties. Also, stay for at least six nights and receive a room discount of up to 35 percent and one free night, or book a top-category suite for at least seven nights and get two free nights and a discount of up to 30 percent. Air credit amount varies by island: $350 for Jamaica and the Bahamas, $450 for St. Lucia and $550 for Antigua. Prices vary by resort. For example, a six-night vacation at the Sandals Grande Ocho Rios in Jamaica starts at $1,575 per couple after $350 air rebate, free night and 35 percent discount. Travelers must book by Sept. 2 and travel by Dec. 20, 2009 (some holiday blackout dates apply). 800-726-3257 or http://www.sandals.com/ ."

Caribbean Star marks final flight, transfers assets to LIAT

Advocate : "THE seven-year-old Caribbean Star operated its final flight yesterday, marking a takeover by competitor LIAT, in a buyout that Chairman, Jean Holder, describes as 'one of the most significant business deals in the history of the Caribbean' . Late last month, the two carriers finalised and executed an agreement that facilitated the transfer of Caribbean Star's assets to LIAT. That asset purchase agreement did not include the remaining five aircrafts leased by Caribbean Star, which are expected to be transferred to LIAT in a separate transaction expected to coincide with today's closure of the carrier, owned by Antigua-based Texan billionaire, Sir Allen Stanford."