Travel Roundup: $1,000 Domestic Flights, Hertz Raises Prices, Hotels Raise Rates and More

A domestic flight for $1,000? – Sabre Airline Solutions studied thousands of airline tickets during the Thanksgiving holiday and found that 3.8 percent of round-trip tickets cost $1,000 or more.  Another 5.2 percent were at least $900.  [Source: Today in the Sky Blog]

Hertz raises prices in North America and Europe — Hertz will start raising prices at its retail rental branches in North American and Europe by Nov. 10. Increases will typically be more than 10 percent, or more than $5 a day, in domestic airport markets and at least 2.5 euros per day in European markets. [Source: Hertz]

Average daily hotel rise rises despite soft market — Smith Travel Research reported hotel rates went up 3 percent in North America as the economy went south. Occupancy levels, however, fell 5.9 percent to only about 60.6 percent. [Source: Travel Weekly]

Time-shares look for federal relief — The American Resort Development Association  is hoping the government, for a fee, will guarantee time-share mortgages to help thaw out the credit market.  In the past, time-share developers paid to guarantee customer mortgages.
[Source: Orlando Sentinel]