Brian, I don't have a 7D, don't ask me about a Holiday Express, but I do have a 1DMk3. And, since the 7D has adopted an advanced AF system with similarities to the 1D3 AF, there are some things that you want/need to get familiar with.
These things are settings that determine how the AI Servo AF will function. In other words, as you have seen, AI Servo AF does slow down the fps of continuous shooting, this is normal, but you can actually use settings in your camera that can moderate that behavior.
So, these settings are in the Custom Functions. At this point it could be appropriate to ask "have you read the dang manual?". I ask not to make you feel silly, but to alert you to the fact that manuals give you important, needed information, and especially a camera like the 7D with complexities that go beyond those of more "familiar" features will have info covering those complexities. But also, maybe you have read the manual and are familiar with these things and I'm wasting my breath.
Well, in a nutshell, you need to take the time to go over the camera settings for C.Fn III. You can find these described starting on page 209 in your camera manual. There are quite a few settings, and I won't take the time to spell them out and repeat the descriptions from the manual. If you read those descriptions you should be able to see how they can matter, and how for some scenarios one setting would be more useful than another.
Read over this section carefully, heck read it over a couple times carefully until you get a good "overview" of things, then it is time to grab your camera. Choose a setting at a time and use it while doing some shots. Then choose a combination of two or more settings and play with them.
Really, they will make a difference! My 1D3 has a max spped of 10 fps, but honestly I set my max to 6, which is great for almost any use I need it for. Occasionally I up it, but not very often.
And, in AI Servo AF, I don't see a slowdown from that setting, and that body is set to AI Servo pretty much all the time, and the lens/TC combo I mostly use on it is not what you would consider the "fastest" for AF. Of course if I just use the 70-200 f/2.8 IS, which I prefer for sports, the AF is both snappy and responsive and accurate and so, if anything, the fps would show some improvement, but really not much that I can tell.
So, do your homework and then get to shooting and get back to us with your results!!!