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Takeaway: An earlier Wave may signal a longer period of promotional activity

CALL TO ACTION

Wave Season promotions began earlier than usual for many of the operators. Given the difficult 2014 environment in the Caribbean, we’re not surprised.  The early promoters seem to be the relatively struggling brands.  2015 bookings curve could be pushed out a little bit at the expense of lower pricing and promos.

Please see our detailed note: 

http://docs.hedgeye.com/2015_WAVE_PROMOS.pdf