As economic pundits raise fears about a recession, the most powerful names in travel and hospitality are pushing back, pointing to bookings that illustrate a positive picture of the American consumer....
Tag: Travel
Two travel stocks to watch as the tourism sector begins to recover
With most people staying put for almost two years due to pandemic-related lockdowns, summer vacation planning seems to be back on the menu. Airline stocks hinted at the revival of travel when they pos...
Your new ‘retirement’ home could be a cruise ship
Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement. Jeff Farschman For nearly two decades, Jeff Farschman, 72, has spent his golden years like many other adve...
The Airline Updates You Won’t Want To Miss For International Summer Travel
Schiphol, The Netherlands – November 14, 2012: KLM Embraer ERJ-190 Cityhopper taking off from … [+] Schiphol airport in a sunset. KLM Cityhopper is the regional subsidiary of KLM Royal Dut...
JetBlue Airways at a crossroads after Spirit rejects its takeover offer
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
China’s U.S. Ambassador Talks Pew Poll, Trade, Air Travel: Exclusive Interview
Qin Gang, Chinese Ambassador to the U.S. since July 2021. Forbes The Pew Research Organization unveiled a poll last Thursday saying 82% of Americans have an unfavorable view of China, a record high an...
Goldman And JPMorgan May Cover Employees’ Abortion Travel Expenses, Report Says
Topline Goldman Sachs and JPMorgan Chase are considering paying for travel costs if employees need to leave their home state to receive an abortion, Bloomberg reported Thursday, after a leak showed th...
Former BitMEX CEO Arthur Hayes Requests for No Jail Term and Freedom to Travel
Arthur Hayes, the co-founder and former CEO of crypto derivatives trading platform BitMEX, has filed a request for leniency in his sentencing, which is scheduled for later this month. Hayes Asks for N...
Spirit CEO wonders whether JetBlue bid meant to block Frontier deal
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty...
‘My aim is to have a net worth of at least $100,000’: I’m 29 and live with my mom in a rented mobile home. I have a $25K emergency fund and $26K in a Roth IRA. What do I save for next?
I am doing OK financially as a single 29-year-old who unfortunately is still roommates with my mom. We split everything down the middle and I mainly stay with her since it is very expensive to live on...
Prepare For Summer Travel With These Three Hotel Stocks
. The hotel industry was one of the hardest-hit industries during the coronavirus pandemic. Many U.S. hotels closed, especially luxury hotels. At the height of the pandemic, occupancy was less than 15...
Formula 1 Miami Grand Prix brings extraordinary wealth to race weekend
Tickets to this weekend’s Formula 1 Grand Prix in Miami are selling for thousands of dollars a piece, as surging U.S. interest and the global wealthy drive up prices for a weekend of high-speed ...
Southwest offers free Wi-Fi on some flights to test service upgrades
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more cu...
CNBC survey will reveal readers’ favorites
Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two ...
Should I join a group tour alone?
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country...
Airlines face big rebooking challenges this summer
Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles Internati...
Can I live without it?
A pedestrian carries shopping bags in the Herald Square area of New York, U.S., on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to...
The Best Experiential Travel Gifts [For The Whole Family]
A mother and her two children takes a “selfie” at Mount Rushmore National Memorial on April 23, … [+] 2020, in Keystone, South Dakota. (Photo by Kerem Yucel / AFP) (Photo by KEREM YU...
India Is Investing Billions To Create A Robust Healthcare System
Earlier this month, Indian Prime Minister Narendra Modi renewed his commitment to making Indian healthcare world-class. In a series of messages on Twitter, PM Modi celebrated World Health Day: “The Go...
Heinemann Takes A Bow As The Only European Travel Retailer To Be Back In Profit
Heinemann arrivals duty-free store at Oslo Gardermoen Airport. Gebr. Heinemann One of the world’s biggest travel retailers, Gebr. Heinemann, has gone where none of its European competitors have in 202...
Golf’s $20 Billion U.S. Travel Market Is Poised For Big Year In 2022
A family of golfers play the Gary Player-designed Mountaintop, one of five courses at Big Cedar … [+] Lodge in Missouri. Big Cedar Golf After some understandable limitations on golf travel the p...
The Cruise Crowd Is Back, Even if Investors Aren’t. Here’s Why It May Be Time to Take a Plunge.
Few sectors absorbed as much pain as the cruise industry during the pandemic, which shut down sailing operations in the U.S. from March 2020 through last June. Shares of the big three cruise operators...
Tycoon Tony Fernandes’ AirAsia Group Q1 Traffic Nearly Quadruples As Pandemic Travel Restrictions Ease
A Thai AirAsia Airbus A320 takes off from Donmueang International Airport. getty AirAsia Group—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun’s Capital A Berhad—said first quarte...
Hertz CEO says rebounding business travel could tighten an already-constrained used car market
Business travel is making a comeback and could constrain already tight supplies of rental cars when it finally recovers, Hertz chief executive Stephen Scherr told CNBC’s Jim Cramer on Thursday. ...
Southwest Airlines 2022 profit forecast sees bookings, fares outpacing costs
A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 20...
Hong Kong residents moving to Singapore, snapping up rental homes
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in ...
Virgin Galactic Stock Is Tumbling. Here’s What’s Troubling Analysts.
Text size Truist Securities downgraded Virgin Galactic stock to Hold from Buy. Courtesy Virgin Galactic Virgin Galactic Holdings Virgin Galactic Holdings stock continues to slide on Monday after Truis...