Flights To Jordan: Tourist Attractions You Should Know About


Tom Lee, from Fundstrat Global Advisors, told CNBC in June that bitcoin is a “large inventory value”. In another interview in June, Lee predicted that bitcoin would be worth more than $ 20,000 by the end of 2018.

Brian Kelly, founder of BKCM LLC, said he likes both bitcoin and ethereum when it comes to cryptocurrencies. He is, however, in favor of ether over bitcoin.
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Ran Neu-Ner, founder and CEO of OnChain Capital, warned that bitcoin is only just in its early stages of existence. He told CNBC in February: “We are not even at the beginning of cryptocurrencies.” In an interview in June, Neu-Ner compared bitcoin with ‘digital gold’.

But bitcoin bears are still not convinced. Berkshire called Hathaway’s Charlie Munger bitcoin “worthless art gold” in an interview with CNBC in May.

Petra, the capital of the Nabataean Arabs, is a city in Jordan that was carved into rock two thousand years ago. It remained unknown to the Europeans until the 19th century. This is the first impression of Jordan, a major tourist attraction.

Petra is known as the Rose-Red city and is a wonder of the world. There is a one kilometer path carved in the rocks, which is the only entry or exit point. Jordan has plethora of monuments in a wide range of architectural design. Temples and tombs are beautifully constructed by expert hands. They are made out of rare and priceless stone. Jordan is also a land of mesmerizing beauty and contrasts, from the Jordan Valley, which is fertile, and vivid, to the remote desert canyons of Wadi Rum, immunity and still.

Jordan also offers scenic wonders like the blue waters of the Red Sea, palm-filled lands and the lifeless Dead Sea. The Dead Sea, 392m (1286ft), is the lowest point on earth, and glistens by day and night in a dry landscape. One can have a delightful experience by visiting this attractive destination on flights to Jordan. Jordan is a safe place to be in and holiday goers should seriously consider visiting this land, given the rich history and striking ambience that makes it a paradise for tourists.

Flights to Jordan from International Destinations

Flights to Jordan from international destinations connect to Queen Alia International airport. The national carrier, Royal Jordanian, connects to cities worldwide. It offers daily flight into the city through the year. Other major airlines that serve Jordan are the Emirates, Qatar Airways and Turkish Airlines.

The best course of action while booking flights to Jordan is to look for good deals online, and choose one that suits you the best. Some websites offer comprehensive services, which include booking flight tickets, accommodation, transport while in the country and more. It might be a good idea to use such services for a completely hassle-free trip.

Book Affordable tickets to Jordan

There are various methods for booking affordable flights to Jordan. Getting in touch with an experienced travel site can be the first step towards getting cheap tickets.

Here are some additional tips when booking tickets

1. To be eligible for special offers and discounts, go with a particular airline.

2. Wait for the right moment to book tickets. The wait can sometimes get you drastically low prices.

3. Get round trip tickets, which can cut down the cost of travel.

4. Try getting tickets on a smaller airline. They sometimes are cheaper than bigger carriers.

5. There are savings in air travel costs for children, defense officials and senior citizens. Be sure to ask for them.

Airport Car Parking and Benefits

Going on holidays is a great way to freshen up one’s body and mind. Many airline companies offer attractive rates and packages to woo people who plan to go on vacation to some of the most beautiful and popular tourist places. Nowadays, more and more people are opting to travel by plane, and along with that airport transfer services and airport car parking businesses have been registering a greater jump in their profits. All the major airports around the world offer car parking services to the needy. One has the option to book the space in advance by calling up or by booking online.
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There are quite a few options for people to choose from. Let it be a short-term or long term parking requirement, or a meet and greet service, one can exercise one’s option according to ones requirements and convenience. A host of benefits accrue to those who make use of the services of these specialized agencies as the advantages are not at all limited to enjoying the comfort of using your own car. It is a good idea to book the space online in order to avail of the savings. Many people believe that airport parking is a very expensive affair. But, if you plan well ahead in time and book online, you will see that it is not so. You could be able to save quite a good amount by seeking out a great deal and can enjoy spending it on other holiday aspects. Many types of package are there and one would be able to save up to 60 percent on the standard rates.
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Early bird gets the worm, so reserving the space in advance is the one thing that you must carry out and it is a sure shot way to save your efforts and money. You will not have to worry about parking related matters as and when you arrive at the airport. Airport car parking space offered by these agencies is the safest place for your vehicle to be in. Since the car parking lot is under continuous surveillance, the safety of your vehicle is assured. Whether you are there on your holiday or on business, you are vested with the liberty to choose the kind of parking services you require, short-term or long-term, depending on the duration of your visit.
frontier airlines
In the meeting and greet service, a company person will be right there waiting for you at the parking lot and he will park your car safely at some spot inside the area. You will need to pay something extra but the factor of convenience plays a major part in their decisions. This could be a great help to people who want a faster exit from the place. And you will be receiving a courty service at the parking lot, where a vehicle will take you to the terminal. As you return from the trip, you will be taken to your parking space in another vehicle. For many people, airport car parking services is one that can not be done without, while on the frequent jaunts.

10 Ways To Save Money On Flight Tickets

1. Have patience. It does take effort to get a good price on flights. Now, don’t let that deter you, because saving $100+ on flights can mean having more money to spend on sight-seeing, hotel, dining out, tours, etc. This means that if you want to travel in Spring, you should start checking prices in the late Fall or Winter. Sometimes there are last minute deals, but more often than not, you will find the best deals at least 21 days before your departure date.

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First thing in the morning (around 9:00am, and in the evening, after 6:00pm) I like to browse travel websites to see if there are any deals being offered that day. I also like to delete my browser history and cookies, because sometimes travel websites and airlines will remember your search and this might cause prices to actually increase.

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My favourite website is Skyscanner. One of the great features about this website is that you can check to see what the best price for the day is for travel worldwide from the airport of your preference. For example, I live in Toronto, so I will enter flights from Toronto (YYZ) to Everywhere. This is a great feature because it will tell me where on that day, which date, month, etc. is cheapest for me to fly anywhere in the world. [I used this site recently to help me get tickets for my trip to Seoul, South Korea in April. Other airlines were charging $1,000-$1,500+ for flights to Seoul, but Delta was having a promotion and I was able to get round trip flights for only $850 CAD / $770 USD with the exchange rate.]

Another great feature on Skyscanner, is that you can put in your destination and dates of travel and sign up for “Price Alerts” so they will email you if the price goes up or down for your specified dates of travel.
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[My sister just used this feature to help her get a flight to Edmonton, Alberta for travel in May. Prices for one-way tickets were around $300-$400 and she was able to get it for $269 CAD.]

Another website I like to use is Expedia. Everyday they will shows travel deals available to the top domestic and international tourist destinations. They will also include deals packages for “Flight + Hotel”. This helps me get a feel for what the average cost is for example, a 4 night trip to Las Vegas. Let’s say the price for flight and hotel to Vegas for 4 nights on the Strip is $500-$600 per person from Toronto, I like to try and keep an eye out for deals that are equal to or below this price – that’s how I know I am saving money and getting the best price.

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One thing about Expedia however is that the price advertised is not always available. If I am looking on their flight deals for last minute getaways, I might see round trip tickets to Miami for $250 CAD (departing from Toronto), but once I click on the deal, it may say the price has increased to $350 CAD instead. This isn’t always the case, but it does happen sometimes which is something to keep in mind.

Other websites that I like to use are: Kayak, Redtag, Sunwing, Bing Flight Predictor and Airfarewatchdog.

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2. Check the airline’s direct website. While these third party travel websites can be great, sometimes the best unadvertised deals are found directly through the airline’s website. I recommend signing up for email promotions offered through your preferred airline. For example, since I live in Canada, I am signed up for Air Canada’s travel promotions. This let’s me see special offers available as soon as they go live on the Air Canada website.

I really wanted to do a weekend trip to NYC with my sister this past February to celebrate her 21st birthday. In addition to checking third party websites, I would also play around with dates by entering the travel in Air Canada. They did not advertise this deal, but I was able to find direct round trip flights from YYZ to LGA for $199 CAD. This was a great deal that I was so happy to find through Air Canada. Sometimes the Airline’s website will offer promotion codes as well, so it is worthwhile to take a look.

3. Check departures/ arrivals from alternative airports. This is not always convenient, but sometimes a lot of major cities have more than one airport or have another airport within close proximity to them in another city. For Toronto residents, we have Pearson Airport that offers domestic and international flights and Billy Bishop Airport that offers select flights within Canada and the USA. There is also the option of driving across the border and flying out of Buffalo Airport too. It is almost always cheaper to fly out of Buffalo airport than Pearson or Billy Bishop. But the downside is most, (if not all flights) are not direct and you will have to pay for parking since most people leave their car at the airport while travelling. Flying out of Buffalo is always a last resort for me, because it is a 90 minute drive from Toronto (you have to consider gas charges) and depending on how long your trip is, parking costs may bring that discounted flight up to or around the same cost as the flight would have been if it had departed from YYZ or YTZ. However, sometimes there are significant savings to be had when flying out of Buffalo, which will definitely make it worth your while. [When I handled the company corporate travel at my previous job, last minute trips happened often and if a group of 2 or more needed to travel to the USA, flying out of Buffalo saved the company upwards of $300-$600 + per flight ticket.]

This can also be said of not just the departure airport that you choose, but also the arrival airport. For example, when flying to NYC, there are essentially three airports that you can choose to arrive in: LGA, JFK or EWR. Sometimes you can get a better price when arriving at one airport over the other. One thing to keep in mind however is the travel from the airport to your hotel. If you are taking public transit, you can get to Manhattan from LGA for as little as $2.50 when taking the bus and subway train. However it is a bit more pricey when getting to Manhattan from EWR because you have to take New Jersey transit, then switch onto the Manhattan transit system. If you are taking a taxi, prices to get from each airport into Manhattan can vary. This is an important point to keep in mind and I recommend you conduct your own research before traveling.

4. Follow airlines and third party travel websites on Twitter (social media) and sign up for their mailing list. One of the great features about social media is that airlines can use this to advertise special travel promotions through certain social media outlets. Sometimes an airline will offer a special promotion code through their Twitter or Facebook page that isn’t advertised on other websites. West Jet offers Blue Tag Thursdays, which is a special promotion that is offered only Thursday afternoons (unless they have another special running during this time). You can find this on their website, or watch for it advertised on their Twitter or Facebook page. When signing up to third party or airline website’s mailing lists, they will sometimes send private promotional offers to their subscribers that give you secret access to their sale.

5. Don’t be afraid to book your flight and hotel separately. Sometimes you can get a great deal on sites like Expedia when you bundle your vacation and book flights and hotel at the same time, but this is not always the case. If you see an exceptional deal on a flight, book it now, don’t wait! You may be able to find a better price on the hotel later. I also recommend that if you do in fact see a great deal on a flight, please book it now, rather than wait until later that same day. Let’s say you see a great deal on a flight to San Francisco in the morning, but wait until you get home from work to purchase the tickets, this may not work to your advantage.

I will give you an example: I grew up in San Francisco and was looking for flights to go back and visit (this was back in October 2012), but they were around $600 and I wanted to wait for a better price. A few weeks later, Delta had a sale and was offering flights from Toronto to San Francisco for $437 CAD. This was an unbelievable price, considering all I was seeing was $600+ in the previous weeks, so I didn’t wait around and purchased the tickets immediately. I checked later that afternoon to see if the deal was still live and the price had shot back up to $600. I highly recommend booking when you see a price you feel is a great deal, because it may disappear sooner than you think.

Sometimes if you are booking multi-city flights, it may be more cost effective to book them separately than go with the same airline. For example, last summer (June 2013) I wanted to fly from Toronto to Las Vegas, then from Las Vegas to Los Angeles, and finally from Los Angeles back home to Toronto. I spent about a month and a half checking prices daily to get the best deal. I was eventually able to get a sale through Air Canada for the flights from Toronto to Las Vegas and from Los Angeles back to Toronto. I waited on booking the USA domestic flight from Las Vegas to Los Angeles because Air Canada obviously didn’t offer this and prices were around $100 USD for this one-way flight at the time. About a week later, I was on Southwest.com and I saw they had a “Getaway” deal for $49 USD for the flight I needed from LAS to LAX. This was a great deal, so of course I booked right away. My entire multi-city airfare ended up costing $515 altogether. [YYZ to LAS and LAX to YYZ cost me $466 CAD and the Southwest flight from LAS to LAX cost $49 USD].

6. Know what time of year and which days are cheapest for flying. Travelling on Tuesday and Wednesday are generally cheaper than any other day of the week. (Generally, searching mid-week for flights produces the best deals too). From experience, I also find that Thursday and Saturday can offer the best price sometimes as well. Of course doesn’t happen all the time and you will have to experiment with dates, which is why Skyscanner is great for deciphering which day is cheapest to depart and return. Days that tend to be most expensive are Monday, Friday and sometimes Sunday. Airlines know that most business trips take place Monday – Friday, which is why it tends to be more expensive to depart Monday and return on Friday. However, business travelers have started to fly out on Sunday instead of Monday in hopes to get a more affordable fare, but this doesn’t always work. Getting the cheapest departure date of the week of course is dependent on the flexibility of your travel dates.

The time of year also helps. It is usually cheaper to fly to Europe in the off-season and shoulder seasons (late fall, winter and early spring). Last year (2013) my parents traveled to Paris in April with direct round trip flights with Air Transat from Toronto for $671 CAD each. This isn’t the best price I have seen, but it was definitely the best deal at the time for non-stop round trip flights. Traveling during the off or shoulder season isn’t always negative. Sometimes due to poor weather, you will not want to travel during the off-season, but generally the off-season is less crowded and offers better prices.

I find that right now (early Spring) it is a bit more expensive to fly to Las Vegas (around $400-$500 CAD) because most people like to go there during the Spring time before the weather gets too hot in the Summer months. [I am comparing this to flight deals I saw this past winter for around $350 CAD.] It’s always wise to check out what events are happening during the dates you want to travel to a particular destination. Sometimes a holiday or big conference meeting could jack up the fares. I always suggest scoping out the average price for flights to your preferred destination, then keeping an eye on how the price fluctuates.

7. Save money on your baggage. Most airlines now charge you $25 each way to check your luggage. And they will charge you extra if your luggage goes over the airline weight limit. You can avoid this by packing light and making sure that your luggage does not go over the limit (check the airline to confirm the weight limit and for prices on checked luggage). Also, if you are going on a short trip, consider sharing one checked luggage bag with your travel partner(s). This can save you $50 on travel costs, since it costs $25 each way to check your luggage.

If you are going on an even shorter trip (weekend trip), consider only bringing carry on luggage and forget about the checked bag. Most airlines will let you bring a small amount of liquids on board the plane. If you are just going for a quick weekend trip, you might be able to get away with just a carry on bag. I did this for my trip last month to NYC. I went to my local dollar store and bought a small travel pouch of clear plastic containers. This allowed me to bring shampoo, conditioner, face wash, night/ day cream, foundation, etc. It also included sticker labels so I knew what everything was. I do realize that this is not practical for everyone, but for a 2 night trip, I would much rather spend $1 for the travel pouch at Dollarama then $50 for a checked bag. It also saves me the hassle of waiting to retrieve my checked bag at Baggage Claim.

8. Shop around for travel / health insurance. I always recommend getting travel or (extra) health insurance for your trip, but sometimes you are not getting the best price when you select the insurance package offered through the airline when you book your flights. Usually your work insurance will offer some type of travel or health coverage when traveling. Talk to HR about this if you are unsure. You can also buy insurance through your bank – that’s where I tend to find the best prices. This will also be cost efficient in the long run in you plan and traveling multiple times during the year. [Rather than pay for insurance each time you book a flight, you can get covered through your bank or alternative place for the year for a set fee.] If you are over 40 years old (or have a history of health issues), I recommend purchasing extra health coverage (even you already are covered through work). Unfortunately we can never predict what might happen while traveling, and if, heaven forbid, anything did happen, you will be happy that you purchased the extra health insurance. This is something that is unique to each person, so I cannot tell you what the best option is, that is something that you need to discuss with HR, your bank and family in order to see what the best choice is for you.

9. Avoid paying for seat selection (if you can). Some airlines ask for an extra fee to make advance seat selection, sometimes it is included in the price – if that’s the case then great, but if you have to pay $20 or so to make an advance seat selection, I would pass. You can usually check in early (24 hours before flight departure) and make the seat selection for free. You may be able to get the seats that you wanted, or you may not. It’s a hit or miss. If you don’t have a preference on where you sit, or willing to take the risk, then avoid paying the additional fee for advance seat selection.

10. Take advantage of travel reward programs. There is so much competition between airlines and credit cards today, so sign up for their travel reward programs. Talk to your bank and see what travel reward credit card works best for your needs. A lot of them allow you to collect points on your everyday spending so you can redeem them for free flights. Some of these credit cards do have stipulations, such as you can only book the flights through your bank, or there are black out dates for travel. However, due to the vast amount of travel reward credit cards being offered today, they are getting better and you can find one that does not contain any of these stipulations. That means you can use your points to redeem flights anytime, anywhere. Sometimes these cards do come with a slight annual membership fee, but the rewards alone are worth it.

The same goes for airline frequent flyer programs. The more you fly with one airline, the more frequent flyer points you will collect. This works great for business travelers because while their company pays for their trips, they are be able to collect frequent flyer points so they can redeem for their personal holiday travels. Some companies even allow employees to book their own flights, then submit the receipts for reimbursement. This allows the employee to get points on their travel reward credit card in addition to frequent flyer points.

I hope these tips will help you when booking your next vacation or trip. Please note that these tips have worked in my own experience, but may not work for everyone. The main thing to keep in mind is that the key to getting the best deal on your flights is to have patience and be flexible with your travel dates.

Simple Life Hacks To Help You Succeed In Office Life

The one goal we all want to achieve at the end of the day is success. Whether it is in our married life, our studies or work, success is something we all strive for. It gives us the incentive to become a better person. Nevertheless, success varies from person to person.

Everyone has a set of goals that they want to reach. Some of them are trivial, while the others may be more significant. This article, however, is for the people who want to succeed in their professional life. To succeed at work, one should have good work ethic. Work hard, and you will get what you want through sheer dilligence. But, on the other hand, hard work isn’t the only thing that will get you to your goal – building healthy relationships with your co-workers is a great way to become successful at work. Try giving them spontaneous gifts, or if would rather save up your money, selling airplane miles for cash is a great idea to receive the money you need to buy these gifts. We are now going to give you a few tips which you can apply to your office life!

The first thing we ask you to do is networking. Try to connect with people with different technical backgrounds. One of the most important aspects of today’s careers is innovation. New ideas change the course of a career within days. Networking with the right people and about the right things provides a channel for innovation and a flow of ideas.

Moreover, another way to improve your office life is to improve your speaking skills. Some people are born with gift of the gab, and are highly persuasive. This greatly helps a person’s career. However, if you do not have this talent, do not worry! Some practice here and there will do the job for you! If you are motivated by the work you do, then you will also be able to motivate people about it! Practice before any big presentation. Add the right amount of cheerfulness into your voice without losing the professionalism. And remember – bosses love people who can convince clients! Ask your friends on LinkedIn to give you suggestions on ways to persuade people! Additionally, do not get involved in office politics or gossip! Becoming involved in controversial matters like these has the potential to severely damage your career. Take one for the team. Office work is all about teamwork. Specific clients are handed over to teams and sets of people rather than a single person.

Importance Of A Strong Business Model For Your Taxi Startup

While starting a new taxi business, the entrepreneur has to create an effective business plan that is not only efficient in explaining the business's resources but should also give directions to move ahead. The business plan has to be something more than a program that directs the company on how to create and maintain value for the customers.

For a startup, there are a number of things that should be taken care of while creating a position among the competitors. The business plan for a taxi startup has to answer the following questions:

• Where the business should start from?
• What are the tactics and techniques to give it a good start?
• How can a taxi company evaluate that they are going in the right direction?

If a startup is successful in answering the aforementioned questions through their business plan, then they will be going to succeed, both in the short and long run. Below is the importance or significance of having a strong business plan that will affect tax startups to pay more attention on their plans:

Target Audience Is Identified

The first and foremost step in making a business model is identification of the target audience. Once the taxi startup knows that whenever they should be focusing on students, business associates, disabled people or professionals, they will be in a better position to create strategies and select the fleet of vehicles. Their target audience will dictate the type of facilities or amenities that should be available in the vehicles and how much they charge against their services.

Clear Business Processes

Before properly starting the business, the taxi startup should understand how they are supposed to work and what steps should be taken to make the business model effective. For this, the taxi startup has to identify core functions of their services like, the cities that should operate, the parking areas for their taxis etc.

Value Proposition

How can a tax startup create its separate position when there are many service providers already working for the people? Well, the business model will dictate the unique factor that will help the tax startup to entice customers towards their services.

Collaboration With Key Partners

No business can succeed without having support from their partners that can play their role in giving a quick start to the taxi business. The partners can either help in terms of money or can add vehicles into their fleet.

Effective Demand Generation Strategy

No business can capture a significant portion of the market right after its commmentment. There has to be a strategy that creates interest among the customers, generates leads and convert them into sales. Once the demand is created, the taxi startup should design a demand generation strategy to maintain their clientele by focusing on key motivators.

Room for Innovation

An effective business model always leaves space for tax startups to incorporate technology into their business operations and make innovation into their services. Just like they have got mobile taxi applications, there is still an opportunity to introduce something interesting yet useful and convenient for the customers.

EFFECTIVE PRESENTATION – A Few Guidelines

An effective presentation is now a vital aspect of professional life. Typically, a presentation can be grouped into three categories:

  1. Informational Presentation – An information-driven presentation is delivered to update customers, suppliers, investors, sellers, and owners.
  2. Pedagogical Presentation – A learning-oriented presentation is directed to enhance knowledge / skills of all participants.
  3. Persuasive Presentation – A motivation-driven presentation is arranged to enhance execution vigor or cooperative feelings among participants or team members.

An effective presentation needs positive, focus and confident mindset and poised behavior. Suppose you are going for some presentation. There is three steps roadmap towards positive / focus / confident mindset and poised behavior – Thought Awareness, Rational Limitation, and Self Suggestions.

Step – I (Thought Awareness)

There are some typical negative thoughts you might experience about presentation:

  • Fear about the quality of performance, technical problems that may come up, and harsh criticism;
  • Worry about the reaction of peers, general audience, and stakeholders;
  • Doubt on real strengths / potential opportunities,
  • Visualizing the negative consequences of a poor performance;
  • Self-criticism over less than perfect preparation, rehearsal and practice,
  • Frustration or Anger on certain real inadequacies or shortcomings.

These negative thoughts / negativity traps can disturb focus, damage confidence, harm performance, paralyze mental skills, and radiate negativity.

Step – II (Rational Limitations)

In rational limitation process you challenge the negative thoughts and counter them with rationality. Looking at some of the examples, the following challenges could have been made to these common negative thoughts:

  • Quality of Performance: Have you gathered the information you need and prepared it properly for the event? Have you conducted a reasonable number of rehearsals, real or mental? If so, you've done as much as you can to give a good performance.
  • Technical Problems and Issues Outside your Control: The key to develop a rational limitation for successful presentation on technical problems is to realize that you can not control all relevant factors in your presentation that may create a distraction. While you can control your own behavior or your professional response, you can not control traffic jams, airline delays, power shutdown, computer network outage, and communication problems due to damaged equipment. However, it is important to consider the possible risks and necessary steps to mitigate their effects on presentation.
  • Fear About Harsh Criticism / Worry About Other People's Reaction: If you perform the best you can, then you have given a good performance, fair people are likely to respond well. If people are not fair, then the best thing is to ignore them and rise above any unfair comments.
  • Problems During Practice: If some of your practices were less than perfect, then remind yourself that the purpose of practice is to identify problems so that they will not be repeated during the performance. Similarly, ask yourself whether it is reasonable to expect perfect performance. All that is important is effective or great performance not perfect.

Step – III (Self Suggestions)

By now, you would be more positive / focus / confident. The final step for effective presentation is to prepare self-suggestions to counter any remaining negativity or divergence. A few positive affirmations could be:

  • Quality of Performance: "I have prepared well and have rehearsed thoroughly. I am ready to deliver an excellent presentation."
  • Problems of Distraction and Issues Outside your Control : "I have thought everything that might reasonably happen and have planned wisely how I can handle all reasonably contingencies.
  • Worry about other People's Reaction: "Fair people will react reasonably to a well-prepared performance. I will rise above any unfair criticism in a mature and professional way."

Fabulous Travel Destination: New York

New York is the financial, commercial and cultural nerve center of United State. The city offers a wide range of pursuits and tourist spot which will add to the sheer delight of tourists. Get to know New York better and enjoy cheap flights to New York.

New York is the most popular cosmopolitan of the United States. A large number of people behold the dream of traveling or staying in this glamorous city. Vibrant, Fashionable, ritzy, expensive, dynamic, vivacious and prosperous – these qualifiers best describe the city. There are innumerable things to do when you book a cheap flight to New York. Whether you are visiting here first time or been here multiple times, this hotbed of culture and couture will delight you to the core.

New York is the most expensive city of the United States. It is easy to spend a fortune here. The city is popular as an obsessive shopper's paradise. A traveler can shop to he / she faints at New York's famed Park Avenue. In the similar vein, you can splurge in window shopping at the Saks Avenue and few designer shops. Beside, losing your pockets to buy at swanky shopping malls in New York, you can visit various tourist spots and spend quality time there.

The city is eclectic and abounds many worth seeing places which will mesmerize tourists. Ellis island is one of the major tourist attraction of NY. Now with the New York pass, one can get a free ferry ride to this place. You can book window seat in your New York flight and enjoy the sight of the Statue of Liberty.

Secondly, Empire State Building is another famous place which entices visitors with its magnificence and design. The building remained tallest edifice in the world for 40 years till World Trade center or Twin Towers were constructed in 1972.

Be it partying or museums or botanical gardens, green spaces, or night clubs, or bustling market places, the seductive city offers something for everyone. One must try a virtual helicopter tour to enjoy amazing now York sky ride. You can gaze your favorite celebrities at the famed Madame Tussuad museum that has an interesting collection of 220 illustrious personalities. The Cathedral of St. John the divine is also a must see attraction which is the largest cathedral.

New York city sees dream destination to discerning travelers due to numerous activities which one can do here. I you like to be a part of thrill, entertainment and beauty, New York is the place to be at. Do not want much, save your moolah and book cheap flight tickets to New York.

Cheap Miami Flights For You

Traveling could be a lifetime experience if you have chosen the right airline for yourself. To reach the required destination, it is wise to consider famous airlines that offer discounts and other premium offers for your trip. It certainly is dependent on the fact whether the airline is offering the optimum deal. If you avail to the right opportunity, traveling could be much more fun. That is precisely why it is smart and safe to consider options available. Cheap tickets could mean less trouble for your wallet but it could also ruin your chance to enjoy the whole journey. Here are a few cheap Miami flights for your convenience.

Since Miami is the city of exciting nightlife, vibrant colors, thrilling events and unforgettable enjoyment, an easy way to get there is the first step to the best vacation ever. If you plan on spending your vacation in Miami, consult your travel guide for more information on cheap Miami flights. Always remember to check all details relating to the airline, fare and services available on each flight. No one would like to set down for something inferior and substandard. Given below are a few cheap Miami flights.

American Airlines offer one of the best discounts on a Miami flight. Costing only an easy $ 189 on your pocket, this airline promises the lightest and most convenient trip to the city of the hip and happening. This flight will land you on the Southern end of Florida. Since it is close to Cuba, you will witness the most exciting and thrilling places of the world. American Airlines will ensure that you safely land the warm melting pot of culture and diversity of Miami. Services of the best kind are offered by the famous airline. From friendly air pilots to a well-maintained staff on-board, this airline provides premium quality at the lowest price.

Another desirable offer by the American Airlines is its $ 145 airfare for students wishing to go to Miami. With such a low price offered, many national and international students can enjoy this opportunity to enjoy and save at the same time. Lunch, breakfast and dinner are served depending on the time of departure. Amiable staff is present during the entire tenure. These flights usually take off on Tuesday's and Thursday's. If you are a citizen of New York City, several airports offer this cheap and affordable ticket to Miami. These airports include Newark International, John F. Kennedy International, La Guardia Airport and Metropolitan Area.

US Airways also offers cheap Miami tickets. Ranging from an easily affordable $ 212 to a small-offer like $ 144, this airline is famous for its confident staff, smooth service and easy journey to the destination of your choice. In this case, Miami will be heaven since US Airways makes sure that it lands you the perfect spots of Miami. The southern-most tip of the state is where you will land. Full of vibrant nightlife and beach fun, this is the place you will enjoy.

Miami Airlines also offer perfect deals at the cheapest rates on different and special occasions like The Festival of Lights in Ontario. If you love lights and sparkling carnivals then Miami Airlines has the best offer for you. With a ticket at only $ 195, you can have an experience of a lifetime. Enjoy the lights and the excitation in Canada at such a low rate. The departure usually is in the evening while the arrival takes place in the morning. Miami Airlines will take you to the city where over one million people drive through the display of dazzling lights.

Air Caribbean is famous for its cheap rates and good service. With cheap tickets to Miami at as low as $ 165, you could not ask for more. A friendly staff, adept air mechanics, smiling air hostesses and delicious food is provided at the lowest rate. Along with that, you will not have to face stops at different points during the flight. Air Caribbean realizes you want a smooth and uninterrupted journey. It will, indeed, make sure you receive such treatment.

Most cheap Miami flights could have the best offer you are searching for. However it is always wise to remember to consult local travel guides and airways for more information related to low-rate flights.

Mercedes-Benz Miami Swim Fashion Week 2010 Hits Runways

The Mercedes-Benz Miami Swim Fashion Week 2010 hit the runways Wednesday July 15, 2009 through Sunday July 19, at the Raleigh Hotel as Mercedes-Benz Fashion Week Swim returned for its fifth year. The glorious five day event held at Raleigh Hotel in Miami saw celebrities and the elite having a grand time. It is estimated that more than 12,000 made their presence felt at the sandy beaches.

IMG Fashion launched the fashion week and the renovated car manufacturing company, Mercedes-Benz, showcased their new variants of E-Class sedans and coupe. Popular fashion designers and newbie took active part in the single largest event ever.

Designers from all around the world included Tibi, Red Carter, Cia.Marítima, Xtra Life LYCRA®, Luli Fama, Ed Hardy Swimwear, Tori Praver Swimwear, Mara Hoffman, White Sands Australia, Vitamin A and V Del Sol. The event was a real eye-catcher as attendees witnessed attractive models donning the latest designer swimsuits make their way across the ramp.

The event could not have been any better especially when popular actors and actresses Jason Kennedy, Perry Reeves, Gilles Marini, Roxy Olin and many others were present. The Star Lounge was where the celebrities and VIPs enjoyed much of the hospitality. The press, media corporations and retailers wasted no time in doing what they do best.

bodySCULPT (TM), the most popular and leading plastic surgery practice in Manhattan, was a sponsor and organized "Day of Beauty" at The Lookout Suite in The Shore Club. Attractive bodySCULPT (TM) models handed out fortune cookies containing messages of confidence, such as "Do not Worry, It's Our Little Secret" and "Indulge, We've Got You Covered." Other sponsors included DHL, Continental Airlines Inc., Miami.com, and Getty Images.

Those who missed watching the Mercedes-Benz Miami Swim Fashion Week 2010 hit runways can watch photographs and videos of the event online. The organizers, who the press got a chance to meet, commented that the week long program was 'a grand success' which in fact was an understatement.

Enjoy New Year’s Eve in Times Square New York

If you are looking for the ultimate New Year’s Eve party then you should certainly head to New York.

Home to some of the best-known celebrations in the world, there are few better places to book flights to if you want to enjoy a special and memorable end to the year.

Times Square is the focus of all the merrymaking and with good reason – festivities have been taking place on New Year’s Eve here for over 100 years and the tradition is still going strong, attracting approximately one million people annually.

Your New York flights don’t necessarily need to cost the earth either, you may be able to pick up a bargain and with cheap flights to the Big Apple, you’ll have a little bit more cash spare to spend on the main event.

And if you needed any more encouragement to start looking for New York cheap flights, the fact that almost one billion people around the globe watch the ball drop from the top of One Times Square each year should be enough to convince you.

So, if you head to Times Square for New Year’s Eve, what can you expect?

Firstly, New Year’s Eve in the Big Apple really is an experience and you should make the most of it by arriving early at Times Square.

The best viewing spots usually start to fill up from around 16:00 (local time), so make sure that you get there in time to pick out a good location.

Screens are set up all around the square too, so even if you miss out on some of the prime places, you’ll still be able to see and hear all the action.

At 18:00, the opening ceremony takes place and the evening’s celebrations will begin! It all starts when the famous ball is raised to the top of the flagpole on One Times Square.

The ball is ‘dropped’ at midnight, descending from the top of the flagpole during the ten-second countdown to midnight.

This tradition dates back to 1907, when fireworks displays to mark the new year at the building were banned, so its owner Alfred Ochs came up with the concept of a lit ball made from steel and wood descending at midnight.

But the New Year’s Eve festivities taking place here started out in 1904 when a giant street party was held not only to see in the new year but also to celebrate the official opening of what was then the headquarters of the New York Times newspaper.

Approximately 200,000 people attended that first party, which was also thrown by Mr Ochs, and the festivities have taken place here ever since.

There have been some changes – for example the ball is now made out of more than 2,000 crystals and filled with LED lights, which enables it to produce a kaleidoscope effect by projecting billions of colour combinations as it sits at the top of the tower – but the spirit of the event remains the same.

Once the opening ceremony is concluded, the fun really begins with a host of musical performances.

Stars will take to the stage to entertain the crowds, while each hour a new countdown will begin, getting everyone excited for the culmination of the party at midnight.

Balloons and hats are handed out to revellers so you’ll really be able to get in the spirit of the occasion – even if you’re wrapped up warm in scarves and coats.

And because this is a free event, you can arrive at Times Square whenever you want throughout the course of the evening to soak up the atmosphere of the excited crowds.

Anyone who doesn’t fancy standing around in the cold for hours may want to look into booking a table at one of the Times Square restaurants with a view of the ball.

Olive Garden, Sbarro Pizza, 2 Times Square and Double Tree Guest Suites will all enable you to eat a meal in the warm and comfort, while still being able to appreciate the atmosphere outside and see the party going on.

So why not get ready to pack your bags for a night you’ll never forget as you jet off on flights to New York to see in the New Year?

Why Your Business Needs A Corporate Travel Company

As a business owner, you know that your time is limited. So, you need to make sure that you employ it the best way you can.

If there is one thing that most business owners tend to do that take them too much time is traveling? Even though you might need to do is frequently, the truth is that when you use a regular airline, the most unexpected things can happen, leading you to even more time waste. So, one of the best things you can do is to hire a corporate travel company. Here’s why:

#1: Save Time:

As we already mentioned above, this is one of the main reasons why you absolutely need a corporate travel company. When you have a more efficient booking process, you’re leaving your employees with more time for their actual tasks.

#2: Get The Best Fares:

Even though you may already have your personal agent working on your travels for you and your business, the truth is that when you hire a corporate travel company, you’ll be able to enjoy even more savings.

#3: The Best Support:

When you work with a corporate travel agency, you can be sure they will be there, for you, round the clock. The truth is that these companies have local representatives that can help your staff to get everything they need in case there is any travel interruption.

#4: Dealing and Overcoming With Travel Problems:

If you have been handling travels alone, you know problems can come up anytime. From having your flight canceled with or without a reason, cabin strikes, among so many others, are becoming more frequent and can jeopardize your business. When you already have a corporate travel company, you just need to call them and they will make all the necessary changes so that you can still have your flight.

#5: Professional Service:

When you work with a corporate travel you can be sure you will have the best professionals working with you. One of the best things is that you will have an annual meetings with them. This meeting is extremely important for both parts since it will allow you to tell the corporate travel agency your feedback, and for them, this is a great way to keep improving their quality.

To make sure that you stop wasting your precious time and money, just give corporate travel a call or fill out the form. You can be sure they are one of the best and that they will take good care of you and your business.

How To Malaysia Holiday Packages Tips

Malaysia is one of the most pleasant, hassle-free countries to visit in Southeast Asia. Malaysia is divided into two major regions: Peninsular Malaysia, which lies just south of Thailand, and East Malaysia, which can be found north of Indonesia on the island of Borneo. The Southeast Asian nation experienced a financial boom and underwent quick development during the late 20th century. The travel packages wrap Malaysia's famous and well-liked destination that includes cities, resorts, beaches, island and beautiful as well as them packages such as diving, adventures, fishing, mountain climbing and cultural tours. Malaysia, after all, thrives on nature and on the archeological, cultural and historical attractions which react very sensitively to environmental influences. You plan to visit Malaysia related honeymoon.

You select a Malaysia honeymoon vacation package that fits your budget if price matters to you, and then you should know locate discount or special rate honeymoon package. You consult joy-travels. I suggest you book the vacation package this website. Kuala Lumpur, Klang Valley, Johor Bahru and Penang to famous tourist's designs. Malaysia is a shopping Mecca for garments, electronics, computer goods and much more, with very aggressive prices. The cheapest place to easily buy national souvenirs is in Kuching, East Malaysia, and the most expensive place is in the major, posh KL shopping centers. While trying to attract the flow of tourism, 'citing cases of new eco- resorts such as Datai Bay Resort in Langkawi and the Karumbunai Resort in Sabah. Malaysia's tourism sector expects to benefit from this boom Sabbaruddin puts the situation in proper perspective, saying that there is generally a lack of information in Europe about the Southeast Asian region. He says one of the most attractive features about Malaysia for tourists are prices have declined further for foreign tourists. Malaysia is the only country in the region where prices are quoted in the local currency and not in US dollars.

This makes Malaysia a low-priced destination for foreign tourists whose budgets have appreciated against the ringgit. Sabah is basically an agricultural state. He says Sabah's unique location right in the heart of Southeast Asia makes it an attractive design for foreign visitors on a jaunt to any of the Southeast Asian countries. Sabah has two major attractions. We have first of all Mount Kinabalu and second, the Danum Valley which is a huge rain forest reserve bigger than Singapore. ' The Sabah government is promoting three aspects of tourism – the western coast with a cluster of hotels, resorts and other tourism facilities, the eastern coast noted for eco-tourism, and the interior of the state with Mount Kinabalu as a major attraction. The region is generating consideration interest in a number of European countries as a tourist destination, according to Mohamed Idros, the director of the Frankfurt-based Malaysia Tourism Promotion Board. We provide customized and regular tour packages. German tourists prefer jungle tracking, scuba diving and such things while Asian tourists prefer comfort and well-arranged facilities for them, 'she says. Our services are nature and culture oriented.

We have been marketing public relationship which has proven to be popular with the worldwide that come and stay with local hosts with what they establish a long-term relationship. Accustomed to taking even two vacations a year and considered a major contributor to the country's flourishing tourism industry; he has now become tight-fisted and even conviction aware when it comes to travel. While financial constraints will prove to be a major stumbling block, foreign tourism promoters will have to resort to imaginative ways of attracting tourism. Singaporeans, for instance, have embarked quietly on what is described as `dental tourism '- tourists from developed countries, unwilling to pay the high costs of dental treatment and prosthesis fixtures at home, are being lured to Singapore where they are also offered dental treatment services plus a holiday in a good hotel as part of an attractive airfare-cum-hotel package.

The Car Rental Industry

Market Overview

The car rental industry is a multi-billion dollar sector of the US economy. The US segment of the industry averages about $18.5 billion in revenue a year. Today, there are approximately 1.9 million rental vehicles that service the US segment of the market. In addition, there are many rental agencies besides the industry leaders that subdivide the total revenue, namely Dollar Thrifty, Budget and Vanguard. Unlike other mature service industries, the rental car industry is highly consolidated which naturally puts potential new comers at a cost-disadvantage since they face high input costs with reduced possibility of economies of scale. Moreover, most of the profit is generated by a few firms including Enterprise, Hertz and Avis. For the fiscal year of 2004, Enterprise generated $7.4 billion in total revenue. Hertz came in second position with about $5.2 billion and Avis with $2.97 in revenue.

Level of Integration

The rental car industry faces a completely different environment than it did five years ago. According to Business Travel News, vehicles are being rented until they have accumulated 20,000 to 30,000 miles until they are relegated to the used car industry whereas the turn-around mileage was 12,000 to 15,000 miles five years ago. Because of slow industry growth and narrow profit margin, there is no imminent threat to backward integration within the industry. In fact, among the industry players only Hertz is vertically integrated through Ford.

Scope of Competition

There are many factors that shape the competitive landscape of the car rental industry. Competition comes from two main sources throughout the chain. On the vacation consumer’s end of the spectrum, competition is fierce not only because the market is saturated and well guarded by industry leader Enterprise, but competitors operate at a cost disadvantage along with smaller market shares since Enterprise has established a network of dealers over 90 percent the leisure segment. On the corporate segment, on the other hand, competition is very strong at the airports since that segment is under tight supervision by Hertz. Because the industry underwent a massive economic downfall in recent years, it has upgraded the scale of competition within most of the companies that survived. Competitively speaking, the rental car industry is a war-zone as most rental agencies including Enterprise, Hertz and Avis among the major players engage in a battle of the fittest.

Growth

Over the past five years, most firms have been working towards enhancing their fleet sizes and increasing the level of profitability. Enterprise currently the company with the largest fleet in the US has added 75,000 vehicles to its fleet since 2002 which help increase its number of facilities to 170 at the airports. Hertz, on the other hand, has added 25,000 vehicles and broadened its international presence in 150 counties as opposed to 140 in 2002. In addition, Avis has increased its fleet from 210,000 in 2002 to 220,000 despite recent economic adversities. Over the years following the economic downturn, although most companies throughout the industry were struggling, Enterprise among the industry leaders had been growing steadily. For example, annual sales reached $6.3 in 2001, $6.5 in 2002, $6.9 in 2003 and $7.4 billion in 2004 which translated into a growth rate of 7.2 percent a year for the past four years. Since 2002, the industry has started to regain its footing in the sector as overall sales grew from $17.9 billion to $18.2 billion in 2003. According to industry analysts, the better days of the rental car industry have yet to come. Over the course of the next several years, the industry is expected to experience accelerated growth valued at $20.89 billion each year following 2008 “which equates to a CAGR of 2.7 % [increase] in the 2003-2008 period.”

Distribution

Over the past few years the rental car industry has made a great deal of progress to facilitate it distribution processes. Today, there are approximately 19,000 rental locations yielding about 1.9 million rental cars in the US. Because of the increasingly abundant number of car rental locations in the US, strategic and tactical approaches are taken into account in order to insure proper distribution throughout the industry. Distribution takes place within two interrelated segments. On the corporate market, the cars are distributed to airports and hotel surroundings. On the leisure segment, on the other hand, cars are distributed to agency owned facilities that are conveniently located within most major roads and metropolitan areas.

In the past, managers of rental car companies used to rely on gut-feelings or intuitive guesses to make decisions about how many cars to have in a particular fleet or the utilization level and performance standards of keeping certain cars in one fleet. With that methodology, it was very difficult to maintain a level of balance that would satisfy consumer demand and the desired level of profitability. The distribution process is fairly simple throughout the industry. To begin with, managers must determine the number of cars that must be on inventory on a daily basis. Because a very noticeable problem arises when too many or not enough cars are available, most car rental companies including Hertz, Enterprise and Avis, use a “pool” which is a group of independent rental facilities that share a fleet of vehicles. Basically, with the pools in place, rental locations operate more efficiently since they reduce the risk of low inventory if not eliminate rental car shortages.

Market Segmentation

Most companies throughout the chain make a profit based of the type of cars that are rented. The rental cars are categorized into economy, compact, intermediate, premium and luxury. Among the five categories, the economy sector yields the most profit. For instance, the economy segment by itself is responsible for 37.7 percent of the total market revenue in 2004. In addition, the compact segment accounted for 32.3 percent of overall revenue. The rest of the other categories covers the remaining 30 percent for the US segment.

Historical Levels of Profitability

The overall profitability of the car rental industry has been shrinking in recent years. Over the past five years, the industry has been struggling just like the rest of the travel industry. In fact, between the years 2001 and 2003 the US market has experienced a moderate reduction in the level of profitability. Specifically, revenue fell from $19.4 billion in 2000 to $18.2 billion in 2001. Subsequently, the overall industry revenue eroded further to $17.9 billion in 2002; an amount that is minimally higher than $17.7 billion which is the overall revenue for the year 1999. In 2003, the industry experienced a barely noticeable increase which brought profit to $18.2 billion. As a result of the economic downturn in recent years, some of the smaller players that were highly dependent on the airline industry have done a great deal of strategy realignments as a way of preparing their companies to cope with eventual economic adversities that may surround the industry. For the year 2004, on the other hand, the economic situation of most firms have gradually improved throughout the industry since most rental agencies have returned far greater profits relative to the anterior years. For instance, Enterprise realized revenues of $7.4 billion; Hertz returned revenues of $5.2 billion and Avis with $2.9 billion in revenue for the fiscal year of 2004. According to industry analysts, the rental car industry is expected to experience steady growth of 2.6 percent in revenue over the next several years which translates into an increase in profit.

Competitive Rivalry Among Sellers

There are many factors that drive competition within the car rental industry. Over the past few years, broadening fleet sizes and increasing profitability has been the focus of most companies within the car rental industry. Enterprise, Hertz and Avis among the leaders have been growing both in sales and fleet sizes. In addition, competition intensifies as firms are constantly trying to improve their current conditions and offer more to consumers. Enterprise has nearly doubled its fleet size since 1993 to approximately 600,000 cars today. Because the industry operates on such narrow profit margins, price competition is not a factor; however, most companies are actively involved in creating values and providing a range of amenities from technological gadgets to even free rental to satisfy customers. Hertz, for example, integrates its Never-Lost GPS system within its cars. Enterprise, on the other hand, uses sophisticated yield management software to manage its fleets.

Finally, Avis uses its OnStar and Skynet system to better serve the consumer base and offers free weekend rental if a customer rents a car for five consecutive days Moreover, the consumer base of the rental car industry has relatively low to no switching cost. Conversely, rental agencies face high fixed operating costs including property rental, insurance and maintenance. Consequently, rental agencies are sensitively pricing there rental cars just to recover operating costs and adequately meet their customers demands. Furthermore, because the industry experienced slow growth in recent years due to economic stagnation that resulted in a massive decline in both corporate travel and the leisure sector, most companies including the industry leaders are aggressively trying to reposition their firms by gradually lessening the dependency level on the airline industry and regaining their footing in the leisure competitive arena.

The Potential Entry of new Competitors

Entering the car rental industry puts new comers at a serious disadvantage. Over the past few years following the economic downturn of 2001, most major rental companies have started increasing their market shares in the vacation sector of the industry as a way of insuring stability and lowering the level of dependency between the airline and the car rental industry. While this trend has engendered long term success for the existing firms, it has heightened the competitive landscape for new comers. Because of the severity of competition, existing firms such as Enterprise, Hertz and Avis carefully monitor their competitive radars to anticipate Sharpe retaliatory strikes against new entrants. Another barrier to entry is created because of the saturation level of the industry.

For example, Enterprise has taken the first mover advantage with its 6000 facilities by saturating the leisure segment thereby placing not only high restrictions on the most common distribution channels, but also high resource requirements for new firms. Today, Enterprise has a rental location within 15 miles of 90 percent of the US population. Because of the network of dealers Enterprise has established around the nation, it has become relatively stable, more recession proof and most importantly, less reliant on the airline industry compared to its competitors. Hertz, on the other hand, is utilizing the full spectrum of its 7200 stores to secure its position in the marketplace. Basically, the emergence of most of the industry leaders into the leisure market not only drives rivalry, but also it varies directly with the level of complexity of entering the car rental industry.

The Threat of Substitute

There are many substitutes available for the car rental industry. From a technological standpoint, renting a car to go the distance for a meeting is a less attractive alternative as opposed to video conferencing, virtual teams and collaboration software with which a company can immediately setup a meeting with its employees from anywhere around the world at a cheaper cost. In addition, there are other alternatives including taking a cab which is a satisfactory substitute relative to quality and switching cost, but it may not be as attractively priced as a rental car for the course of a day or more. While public transportation is the most cost efficient of the alternatives, it is more costly in terms of the process and time it takes to reach one’s destination. Finally, because flying offers convenience, speed and performance, it is a very enticing substitute; however, it is an unattractive alternative in terms of price relative to renting a car. On the business segment, car rental agencies have more protection against substitutes since many companies have implemented travel policies that establish the parameters of when renting a car or using a substitute is the best course of action.

According to Tracy Esch, an Advantage director of marketing operations, her company rents cars up to a 200-mile trip before considering an alternative. Basically, the threat of substitute is reasonably low in the car rental industry since the effects the substitute products have do not pose a significant threat of profit erosion throughout the industry.

The Bargaining Power of Suppliers

Supplier power is low in the car rental industry. Because of the availability of substitutes and the level of competition, suppliers do not have a great deal of influence in the terms and conditions of supplying the rental cars. Because the rental cars are usually purchased in bulk, rental car agents have significant influence over the terms of the sale since they possess the ability to play one supplier against another to lower the sales price. Another factor that reduces supplier power is the absence of switching cost. That is, buyers are not affected from purchasing from one supplier over another and most importantly, changing to different supplier’s products is barely noticeable and does not affect consumer’s rental choices.

The Bargaining Power of Buyers

While the leisure sector has little or no power, the business segment possesses a significant amount of influence in the car rental industry. An interesting trend that is currently underway throughout the industry is forcing car rental companies to adapt to the needs of corporate travelers. This trend significantly reduces supplier power or the rental firms’ power and increases corporate buyer power since the business segment is excruciatingly price sensitive, well informed about the industry’s price structure, purchase in larger quantities and they use the internet to force lower prices. Vacation buyers, on the other hand, have less influence over the rental terms. Because vacationers are usually less price sensitive, purchase in lesser amounts or purchase more infrequently, they have weak bargaining power.

Five Forces

Today the car rental industry is facing a completely different environment than it did five years ago. Competitively speaking, the revolution of the five forces around the car rental industry exerts some strong economic pressure that has significantly tarnished the competitive attractiveness of the industry. As a result of the economic downturn in recent years, many companies went under namely Budget and the Vanguard Group because their business infrastructure succumbed to the untenability of the competitive environment. Today, very few firms including Enterprise, Hertz and Avis return a slightly above-average revenue compared to the rest of the industry. Realistically speaking, the car rental sector is not a very attractive industry because of the level of competition, the barriers to entry and the competitive pressure from the substitute firms.

Strategic Group Mapping

As a moderately concentrated sector, there is a clear hierarchy in the car rental industry. From an economic standpoint, disparities exist from a number of dimensions including revenue, fleet size and the market size each firm holds in the market place. For instance, Enterprise dominates the industry with a fleet size of approximately 600,000 vehicles along with its market size and its level of profitability. Hertz comes in second position with its number of market shares and fleet volume. In addition, Avis ranks third on the map. Avis is among one of the companies that is having issues recovering its revenue margins from prior to the economic downturn. For instance, in 2000 Avis returned revenues of approximately $4.23 billion. Over the course of the next several years following 2000, the revenue of Avis has been significantly lower than that of 2000. As a way of reducing uncertainty most companies are gradually lessening the level of dependency on the airline industry and emerging the leisure market. This trend may not be in the best interest of Hertz since its business strategy is intricately linked to the airports.

Key Success Factors

There are many key success factors that drive profitability throughout the car rental industry. Capacity utilization is one of the factors that determines success in the industry. Because rental firms experience loss of revenue when there are either too few or too many cars sitting in their lots, it is of paramount importance to efficiently manage the fleets. This success factor represents a big strength for the industry since it lowers if not completely eliminates the possibly of running short on rental cars. Efficient distribution is another factor that keeps the industry profitable. Despite the positive relationship between fleet sizes and the level of profitability, firms are constantly growing their fleet sizes because of the competitive forces that surround the industry. In addition, convenience is one of the crucial attributes by which consumers select rental firms. That is, car rental consumers are more prone to renting cars from firms that have convenient rental and drop off locations. Another key success factor that is common among competing firms is the integration of technology in their business processes. Through technology, for instance, the car rental companies create ways to meet consumer demand by making renting a car a very agreeable ordeal by adding the convenience of online rental among other alternatives. Furthermore, firms have integrated navigation systems along with roadside assistance to offer customers the piece of mind when renting cars.

Industry Attractiveness

There are many factors that impact the attractiveness of the car rental industry. Because the industry is moderately concentrated, it puts new market entrants at a disadvantage. That is, its low concentration represents a natural barrier to entering the industry as it allows existing firm to anticipate sharp retaliations against new entrants. Because of the risks associated with entering the industry among other factors, it is not a very attractive sector of the marketplace. From a competitive standpoint, the leisure market is 90 percent saturated because of the active efforts of Enterprise to dominate this sector of the market. On the other hand, the airport terminals are heavily guarded by Hertz. Realistically speaking, entry in the industry offers low profitability relative to the costs and risks associated. For most consumers, the main determining factors of choosing one company over another are price and convenience. Because of this reason, rental firms are very circumspect about setting their rates and that generally force even the industry major players in the position of offering more to the consumers for less just to remain competitive. Hertz, for example, offers wireless internet to its customers just to add more convenience to their travel plans. Avis on the other hand, offers free weekend specials if a customer rents a car for five consecutive weekdays. Based on the impact of the five forces, the car rental sector is not a very attractive industry to potential new market entrants.

Conclusion

The rental car industry is in a state of recovery. Although it may seem like the industry is performing well financially, it is nonetheless gradually regaining its footing relative to its actual economic position within the last five years. As a way of insuring profitability, besides seeking market shares and stability, most companies throughout the chain have a common goal that deals with lowering the level of dependency on the airline industry and moving toward the leisure segment. This state of motion has engendered some fierce competition among industry competitors as they attempt to defend their market shares. From a futuristic perspective, the better days of the car rental industry have yet to come. As the level of profitability increases, I believe that most of the industry leaders including Enterprise, Hertz and Avis will be bounded by the economic and competitive barriers of mobility of their strategic groups and new comers will have a better chance of infiltrating and realizing success in the car rental industry.

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