Text 4 Penny-pinching consumers and fierce price wars are bad news for the travel industry. Bad, that is, for everyone except the booming online travel giants. Consider the sharp rebound of such online players as Travelocity and Expedia. While they suffered in the wake of the September 11 terrorist attacks, with bookings off as much as 70%0 in the weeks that followed, business has snapped back. "The speed with which those businesses bounced back surprised even the people most bullish about the sector," says Mitchell J. Rubin, a money manager at New York-based Baron Capital, an investor in online travel stocks. The travel industry’s pain is often the online industry’s gain, as suppliers push more discounted airline seats and hotel rooms to win back customers. And many of those deals are available only online. At the same time, online agencies rely primarily on leisure travelers, where traffic has rebounded more quickly than on the business side. The tw
A. skeptical.
B. doubtful.
C. optimistic.
D. shocked.
Text 4 Penny-pinching consumers and fierce price wars are bad news for the travel industry. Bad, that is, for everyone except the booming online travel giants. Consider the sharp rebound of such online players as Travelocity and Expedia. While they suffered in the wake of the September 11 terrorist attacks, with bookings off as much as 70%0 in the weeks that followed, business has snapped back. "The speed with which those businesses bounced back surprised even the people most bullish about the sector," says Mitchell J. Rubin, a money manager at New York-based Baron Capital, an investor in online travel stocks. The travel industry’s pain is often the online industry’s gain, as suppliers push more discounted airline seats and hotel rooms to win back customers. And many of those deals are available only online. At the same time, online agencies rely primarily on leisure travelers, where traffic has rebounded more quickly than on the business side. The tw
A. Online travel agents are indispensable to travelers.
B. Online travel services are likely to take wing.
C. The advent of online players will hurt consumers.
D. Consumers are denied the right to cancel bookings.
Text 1
Penny-pinching consumers and fierce price wars are bad news for the travel industry. Bad, that is, for everyone except the booming on line travel giants. Consider the sharp rebound of such on-line players as Travelocity and Expedia. While they suffered in the wake of the September 11th terrorist attacks, with bookings off as much as 70% in the weeks that followed, business has snapped back. "The speed with which those businesses bounced back surprised even the people most bullish about the sector," says Mitchell J. Rubin, a money manager at New York-based Baron Capital, an investor in on-line travel stocks.
The travel industry’s pain is often the on-line industry’s gain, as suppliers push more discounted airline seats and hotel rooms to win back customers. And many of those deals are available only on dine. At the same time, on-line agencies rely primarily on leisure travelers, where traffic has rebounded more quickly than on th
A. will be of great benefit to agent commissions.
B. are intended to cater to the needs of consumers.
C. will help plenty of new business to go around.
D. might have affected the gain of on-line agencies.
Text 2 House-price falls are gathering momentum and are spreading across the UK, according to a monthly poll of surveyors which on Monday delivered its gloomiest reading for nearly 12 years. Fifty-six per cent of surveyors contacted by the Royal Institution of Chartered Surveyors reported price falls in the three months to October. Only 3 per cent saw prices rise in their area, compared with 58 per cent as recently as May. There was further evidence of slowing activity in the property market as the number of sales per surveyor dived to a nine-year low. Unsold stock on agents’ books has increased 10 per cent since the summer. Ian Perry, Rics’ national housing spokesman, said it was now very clear that buyers were unsettled by higher interest rates. The Bank of England raised rates five times to 4.75 per cent over the last year to cool the property boom. But he also blamed comments by Mervyn King, the Bank’s governor, and misleading media headlines for &quo
A. optimistic.
B. uncertain.
C. pessimistic.
D. indifferent.
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