Word: farleys
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...International Association says cruising has grown worldwide 7% on average each year for the past 20 years. But industry executives believe the market is underpenetrated--if so, it must be one of the few markets left that is--with only 20% of Americans having ever taken a cruise. Robin Farley, an analyst at UBS, says only 5% of vacationers opt for cruises each year, "just larger than the number of people who go to Branson...
...happy repeat customer is great, but "if ships are sailing full, you can only grow passenger volume at the rate you're adding capacity," says Farley. Yesawich sees some pent-up demand. According to his yearly Travel Monitor survey, 40% of active travelers say they're interested in taking a cruise in the next two years. "That's a remarkable number," he says. "Only a handful of places score higher. This business is going to explode...
...rental-fleet sales down for good? Jim Farley, Ford group executive for sales and marketing, says rental fleets are starting to look for replacements for worn-out vehicles. Rental fleets have kept cars in service longer than in the past, but they're going to have to pay more for replacements now because automakers have slashed assembly capacity. One of the reasons Chrysler sales have dropped so dramatically this year is that the company withdrew from the fleet business because it was unprofitable...
...Jonathan D. Farley ’91 is the 2004 Harvard Foundation Distinguished Scientist of the Year...
...Jonathan David Farley ’91 is the 2004 Harvard Foundation Distinguished Scientist of the Year...