20 May 19, 12:05 PM
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#151
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Earning More Ears
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Originally Posted by Jillzo
I'm not getting into a debate on here whether paying DD for a holiday is right or wrong, everyone makes their own choices! But I'm paying for my holiday with TC by DD as its interest free! So for me it works best! See more... |
I agree.
If everybody held out after their initial deposit payment, then paid remaining balance in full 12 weeks before departure, then surely this would result in severe cash flow problems for the operator. As we are witnessing now. It used to be 8 weeks before you fly to clear your remaining balance, then it was reduced to 10, now it is 12 with most operators. So clearly delaying full or monthly DD payments is having a negative effect with their cash flow/turnover margins. I assume things like hotel payments, airline fuel and airport fees etc have to be pre-booked and payed well in advance by the operator regardless of their passengers methods of payment, so you can see how a constant cash flow is crucial.
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1999 MIC Lakefront (Ramada), 2000 Quality Inn Intl (Rosen Inn), 2001 Quality Inn Plza (Rosen Pnt), 2002 Wyndham & Tradewinds Sandpiper St. Petes, 2003 Quality Inn Plza (Rosen Pnt) & Tradewinds Sandpiper St. Petes, 2004 Best Western (Avanti), 2004 Wyndham & Hilton Clearwater, 2005 Homewood Suites & Tradewinds Sirata St. Petes, 2006 Eagle Point Villa Kissimmee, 2008 The Luxor Las Vegas, 2010,2011,2012..and 2020! Enclave Suites.
Edited at 12:09 PM.
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