September usually is a good indicator of the corporate travel industry's performance as it is the first month of the shoulder season in which business travel traditionally increases following the summer months.

While Sabre's bookings did show some improvement compared with September 2008, taking into consideration the financial market meltdown and dismantling of Lehman Brothers and other companies, Sabre Travel Network and Airline Solutions president Tom Klein said, "year-over-year numbers look more or less flat" from the hotel side.

"We didn't expect it to bounce and it didn't," he told BTN. "We haven't seen numbers from the hoteliers themselves yet, but we don't expect to see anything to suggest broad recovery. As we look into next year, our plan for our company is that it is more of a flat environment than a growth environment."

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