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Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

There is no such thing as a good airline merger

January 18, 2008

Delta delays Comair sale as it explores merger hopes | www.ft.com

*Service will get worse...I know that is hard to imagine. *Fares will go up. *Communites will loses both Hubs, flights and jobs. *If it happens it will be Delta merging with Northwest and United merging with Continental and no one want US Airways

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Blackstone's Probably Won't Put Others in Play...

July 6, 2007

Will Blackstone’s Hilton Deal Put Others in Play? | online.wsj.com

* Blackstone/Hilton deal is unique on several levels * Hotel Industry metrics have probably peaked in terms of RevPAR. * New Construction in the piptline is at an all time high * Starwood's management is weak and no apparent strategy. *  Marriott is not about to sell the family business

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Marriott Knows What They Are Doing

June 18, 2007

Strange Bedfellows: Marriott, Schrager | online.wsj.com

•Marriott is very good at managing multiple brands. •Marriott has successfully kept brands/cultures separate. •Marriott Needed a boutique brand. •Marriott has a history of success in developing brands.

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Increasing CAFE standards is not the answer

May 7, 2007

CAFE Break | online.wsj.com

* CAFE  standards never had the intended outcome.
* relies on something to happen in the future when what is needed something for today.
*  Making car makers accountable for conservation rather than the end user is illogical.
*  Drivers are ultimately responsible for conservation.
*  The solution is to follow the Europeans...charge what the charge for fuel and invest that money into the highway and road infrastructure.

Ken Heit, Director of Sales

Ken HeitDirector of SalesWORLD WIDE CRUISES INC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

NCL "Freestyle Cruising that is free"

September 22, 2006

Norwegian Cruise Line trying a unique approach | www.ncl.com

Norwegian Cruise Line, the world's third largest cruise company, announced today a major new $100 million dollar rebranding campaign. The new approach attempts to differentiate themselves from Royal Caribbean, and Carnival Cruise Line. NCL freestyle cruising will be re-launched, with a completely new unique image portrayal.

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

RCI buys Spanish Cruise Tour Operator

September 6, 2006

Royal Caribbean buys Spanish cruise operator | today.reuters.com

It is a good thing.

Europe is the fastest growing part of their network and the cruise
industry in general.

Caribbean has too much capacity.

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Why Asia has a robust Travel market

August 23, 2006

Asia - Robust Travel Market In The First Half Of 2006 | www.hotelnewsresource.com

*Asia being driven by the China economic growth
*Japan holding its own with its own modest growth.
*Shanghai is the new New York of Asia (and will ultimately displace Tokyo as the financial capital of Asia.
Residual growth from India.

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Cruise Lines in trouble?

August 23, 2006

Cruise lines in troubled waters | www.bradenton.com

*The problem exists only in the Caribbean.
*Alaska, Europe remain strong entities.
*Carnival Corp and RCI will continue to have strong margins albeit down YOY.

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Flaws with the AA (Sabre) GDS Plan

July 31, 2006

AA Posts GDS Plan | www.solutionz.com

American's failure to reach an agreement with Sabre (and Amadeus) is short sighted indeed. They are trying to act like the play ground bullies and force Sabre to play by their rules and thus force the other GDSs to follow.  In this, I will explain why their thought process is flawed and why probably nothing will happen until after 9/1.

http://www.thebeat.travel/news.php?adate=jul_06%25cid=aaplan

Christopher Dane, President-HRG Afilliates, LLC

Christopher DanePresident-HRG Afilliates, LLCHOGG ROBINSON GROUP P L C What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Hertz 1Billion IPO

July 25, 2006

Hertz (HTZ) Files $1 Billion IPO | www.streetinsider.com

•Hertz IPO should do well because the fundamentals of the Travel industry are doing well (e.g.airlines, hotels,etc...)
•They have a done the best job of segmenting the market with the luxury (premium) brand rentals and their "Fun Collection" which will improve yield faster than their competitors.
•Their expansion into the Enterprise markets has grown considerably over the last 2 years and the Hertz brand has a stronger name recognition than Enterprise.

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