Fleeced by Fees When You Travel? – New York Times 09-21-12

Salient to Investors:

Bjorn Hanson at NYU said $1.85 billion in fees and surcharges was collected in 2011 for hotels alone versus $1.2 billion in 2000, expects $1.95 billion in 2012.

Airlines collected over $3.3 billion in baggage fees and over $2.3 billion in reservation cancellation and change fees in 2011.

Carlson Wagonlit Travel say fuel surcharges have risen nearly twice as fast as oil prices since April 2011.

Read the full article at http://travel.nytimes.com/2012/09/23/travel/fleeced-by-fees-when-you-travel.html?nl=todaysheadlines&emc=edit_th_20120922