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And service by discount operators like BoltBus and Megabus in the United States jumped 30.6 percent year over year.
While sales at discount operators such as Wal-Mart in the US have held up, luxury goods such as LVMH have not fared so well.
The older "legacy" carriers, such as United, American Airlines and Continental, have been slashing costs and staff to compete with the newer discount operators, such as Southwest and JetBlue.
To understand why these sites get great package deals, you have to know a little about the psychology of the airlines and hotels they do business with, which don't want to be perceived as discount operators.
Goldman Sachs said the U.S. toy industry is in a "competitive conundrum" in that it is "outflanked on price by discount operators and unable to defend market share profitably".
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"This is the beginning of a new day for the low-cost tour-bus industry," he said, standing on a sidewalk across from Pennsylvania Station, near where many discount bus operators pick up passengers.
Mr. Barry said that while many cruises have already been discounted, cruise operators have been under pressure to cut rates further.
[C2.] More Pressure on Japanese Banks Daiei, a struggling discount store operator in Japan, won a new lease on life from its banks.
Daiei Inc., a struggling discount store operator, won a new lease on life from its banks today, ending at least for the short term speculation that it was on the brink of bankruptcy.
When Target, the discount store operator, suspended the magician David Blaine above Times Square for two days during the week of Thanksgiving, videos shot by viewers were posted on YouTube and viewed more than 19,300 times.
But the biggest banks have also been those most under pressure to forgive debts held by troubled companies like the Daiei Corporation, a discount store operator, and Kumagai Gumi, a major contractor, and the remaining debts of those companies are not considered in jeopardy by the Japanese regulators.
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