" This is Money Markets & More for this Friday June 26 2009. From the newsroom at the MarketWatch radio network I'm Adrian Mitchell. Coming up Starbucks is putting the neighborhood in its neighborhood coffee."
" Bars and I'm John -- not coming up we are gonna talk about some hotel deals out there yes. There are some hotels are trying to -- you may."
" And it's and caves and yes they are they're trying to get is to stay there this summer as this recession continues and Kate's and I will talk about that in a moment but first now."
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" On the day book we're getting a look at consumer sentiment for June and personal income and spending for May. Among the companies reporting earnings and other home builder we're hearing from KB homes. On this dated 18780. Christmas was declared -- US federal holiday. In 1927. The cyclone roller coaster opened on Coney Island. In 1934 president Roosevelt signed the law that establish credit unions in 1936 the first practical helicopter made its first flight. The Berlin airlift began on this date in 1948. In 1963. President Kennedy spoke these words it."
" Spin I believe it."
" In west Berlin. And in 1974 thank you PC symbol was scanned for the first time to sell a pack of gum at a supermarket in Troy Ohio. Mrs. Money Markets & More at marketwatch.com."
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" Is 4500 dollars enough to get you to trading year old car and buy a new one. Ford's top sales analyst says the government's cash for clunkers program could bring in buyers have been on the fence. This says US auto sales could reach a milestone for the year are now on pace to hit ten million vehicles a year this month. Microsoft is going head to head with Google in another area it's releasing an application called home. HO HM as in home. To help you monitor how much power you're using it home. PC world says the app uses a questionnaire to track energy patterns but can't analyze actual consumption. As Google's power meter service is already doing. Starbucks says no more cookie cutter coffee bars that wants people to feel a sense of community so it's using materials unique to -- area in its news stories. The first use -- leather from local factories and fallen trees and at stake for. Another news Starbucks will include blood from school bleachers and citing from polls used to support hop vines. You can put a roof over your head and not bust your budget this summer as you head out on vacation. John were docket and -- tell us the lodging industry's responding to the recession."
" If you have some money in your pocket you're thinking of traveling this summer may be want to get in the car and tool around go to the next city nearby. There's some good news out there if you're looking for some hotel deals and let's bring in our consumer race and -- so and what's this all about I guess hotels have realized polite thing of the people aren't coming so we better cut the price."
" Right boy their -- there realizing there's a recession right now on unlike airlines which can do things like switch to smaller planes are. Cut you cut capacity things like that hotels can't do that hotel can't shrink the size of its building so what they're having to do is come up with deals to -- people because a downturn. In travel has been so severe so. Although virtually all the major chains out there hill man -- western Carlson they're offering. A variety of different deals sometimes if you stay two nights -- another night free. Are you belong to their frequent customer programs look at the extra points but give you voucher for future -- there's all kinds of deals hanging out there."
" It is interest in USA today actually ran down a list of various things and I notice that choice hotels is. Handing out a fifty dollar cash card you also appeared to have these bonus point programs going on. At places like Hilton and DoubleTree and Hampton inn and Hilton garden and all these incentives it's like hey here's a carrot and."
" I'm very unusual during the summer began knocking the right because summer is usually. A bit heavy travel time that this downturn has really had an impact on that. And what happens in the future's gonna depend on when the recession decides to and the a bigoted the game beginning of the year after the holidays is a slow time anyway so that may be. Our real crunch time next winner at the recession hasn't ended. And as we head into next spring and summer it'll just depends on where at to see whether hotels or consent and you these kind of incentives."
" can you believe how bad he could be in this recession. Goes into fall when that is not as robust travel rain season I mean if the hotels can make their money in the summertime. By putting heads in the beds like they're going to have a difficult rest of the year -- so that it could be but we're still good and it a year from outs fossils of the talking about those. Yes hopefully this show this podcast won't be going longer repeating it now non mean. We're going to probably -- and this and a moment or two so we will not still be here -- in. A year from now literally but it is a topic I'm sure that's gonna come back has several times between now and next year -- And of course and Cates is going to do her part to get out there and spend time and hotels -- I'll try. -- retaken the kids now okay couldn't. I want to enjoy myself. We've been banned from most major hotel chains you walk into the line being that we're not family you see a picture of us have you seen this family if you think you -- If you have called the FBI. And that little red circle with a slash through it and it. Consumer race and -- thank you for taking a few minutes here and and we love to hear hotel. Travel stories out there if you are actually. Spending time in a hotel this summer. Or are making plans for this fall -- you drop -- now plant MarketWatch radio newsroom at Yahoo.com. And by the way if you are interested in following -- tweaks. You can do so as well buying going to Twitter and looking for MW radio boy we're getting good at this AR. And what about FaceBook and on FaceBook at MarketWatch radio network now so yeah of multiple ways of checking it sound you do. Thanks and Kate's thank you thanks to on an end and that's it for money market send more an Adrian Mitchell thanks for listening to them. -- room."
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