Latest Travel News

Posted by gaytravel on  Sat, Oct 16th, 2021 @ 6:16:41 AM  41  0    

CNBC Travel News

CNBC Travel News

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Travel

Latest news for the travel industry, inside tips and advice on snagging deals.

Looking for an offbeat European holiday? This island has its own rules, language and vodka

Accessible via ferry or flight, Jersey has nearly 50 miles of coastline, more sunshine than mainland U.K. and plenty for travelers to do in the Channel Islands.
 

American Airlines agrees to buy 20 supersonic planes from Boom

American Airlines has agreed to purchase 20 supersonic Overture planes from Boom Supersonic, the second firm order for Boom in the last two years.
 

Business travel spending might not return to pre-pandemic levels until 2026

Business travel spending won't recover to pre-pandemic levels until 2026, two years later than previously expected, according to a new forecast.
 

London's Heathrow airport extends passenger limits until late October as travel strains continue into the fall

London Heathrow will cap departing passengers at 100,000 a day through Oct. 29.
 

China's domestic tourism is on track to bounce back from pandemic lows, says Fitch Ratings

Tourism revenue and numbers in China hit a trough in the first half of 2022 and fell by nearly half compared to before the pandemic struck, Fitch Ratings said. 
 

Even airline employees are having trouble finding a seat home from Europe this summer

American Airlines and United Airlines are among the carriers discouraging employees from using their travel perks to fly to Europe this summer.
 

Rosenblatt's Barton Crockett breaks down the theme-park trade

Barton Crockett, Rosenblatt Securities senior analyst, joins 'The Exchange' to discuss consumer spending with summer travel to theme parks.
 

How do people in Asia-Pacific feel about travel right now? It depends on where they live

Just because people can travel doesn’t mean they will, especially in Asia-Pacific, where people have taken a more cautious approach toward the pandemic.
 

Here's why Indians have the highest confidence to travel in Asia-Pacific

In a new survey of 11,000 people in Asia-Pacific by Booking.com, Indian respondents far exceeded regional averages in terms of their likelihood to travel and their willingness to accept travel disruptions and delays, CNBC's Monica Pitrelli reports.
 

This Chinese province set a 9% GDP target — but then it locked down

A surge in Covid infections this month stranded tens of thousands of tourists at Hainan's oceanside resort city of Sanya.
 

4 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday

The Club talks Disney's great quarter, improving inflation reports and more Club stocks.
 

Airfares, hotel rates and rental car prices fell in July. Here’s how you can score a good deal

The price for major components of vacation travel have declined for two consecutive months, according to the U.S. Department of Labor's Consumer Price Index.
 

No more $10 flights: Budget airline Ryanair says ticket prices will have to rise

The CEO of Ryanair, Europe's biggest airline by passenger numbers, says the era of super cheap air travel is over.
 

Business travel costs are expected to rise through 2023, industry report says

Business travel has rebounded but challenges include economic weakness and labor shortages.
 

Norwegian Cruise Line shares fall as revenue, outlook lag pre-pandemic levels

The company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead.
 

Spirit Airlines posts loss on surge in costs, expects Florida challenges to continue

Spirit's expenses soared more than 66% compared with three years ago. Its fuel bill more than doubled.
 

Nearly half of Singaporeans want to travel to one place – and it’s not Malaysia

Japan is the top choice for Singaporean travelers this year, but many are confused about how to get in. A Singaporean travel agent living in Japan explains.
 

Labor supply in hospitality sector is "very tight" given wage inflation: HSH CEO

The Hongkong and Shanghai Hotels' CEO Clement Kwok says the luxury hotel group remains cautious on the business outlook despite the momentum in "revenge-spending".
 

International airlines launch battle plans to deal with summer of travel chaos

Emirates and Ryanair are among the airlines running operations as usual, while KLM and easyJet have altered their schedules.
 

Hong Kong cuts hotel quarantine for travelers to 3 days, plus 4 days of home medical surveillance

After completing the hotel quarantine, travelers can stay at home or in a hotel for the four days of surveillance.
 

The trends are pretty strong in travel with no view of weakening, says Expedia CEO

Peter Kern, Expedia Group vice chairman and CEO, joins 'Squawk on the Street' to discuss insights into booking data from Expedia in July, whether airline travel disruptions will ease soon, and more.
 

Lyft has been a little brother to Uber, says Wedbush's Dan Ives

Dan Ives, Wedbush Securities managing director, joins 'Closing Bell: Overtime' to discuss Lyft's second quarter earnings.
 

Watch CNBC's full interview with Oppenheimer's Jed Kelly

Jed Kelly, Oppenheimer senior analyst, joins 'Power Lunch' to discuss why the travel trade may be over, what he sees as the long-term potential for Airbnb and more.
 

If we go into recession people will still travel but may trade down, says Oppenheimer's Kelly

Jed Kelly, Oppenheimer senior analyst, joins 'Power Lunch' to discuss why the travel trade may be over, what he sees as the long-term potential for Airbnb and more.
 

We're adding four stocks to our Bullpen, including Starbucks and Airbnb

As the baseball metaphor suggests, the Bullpen consists of stocks in reserve that we might consider buying and adding our portfolio.
 

Watch CNBC's full interview with Evercore ISI's Mark Mahaney

Mark Mahaney, Evercore ISI, joins 'TechCheck' to discuss travel booking companies' earnings results and his rating on Booking Holdings. He also discusses the extent to which food delivery trends are reverting back to pre-pandemic trends.
 

The travel trade is over, says Evercore's Mark Mahaney

Mark Mahaney, Evercore ISI, joins 'TechCheck' to discuss travel booking companies' earnings results and his rating on Booking Holdings. He also discusses the extent to which food delivery trends are reverting back to pre-pandemic trends.
 

The great unrest: How 2020 changed the economy in ways we can't understand yet

Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won't be understood for years.
 

Watch CNBC's full interview with Booking Holdings CEO Glenn Fogel

Booking Holdings CEO Glenn Fogel joins CNBC's 'Squawk Box' to break down the company's second-quarter earnings report and provides an outlook for travel demand heading into the fall. Fogel also provides a revenue outlook for the current quarter and reacts to JetBlue's plan to merge with Spirit Airlines. "We are very pleased with what we saw for our second quarter," Fogel tells CNBC.
 

Booking Holdings CEO Glenn Fogel: We expect record revenue next quarter as travel demand looks strong

Booking Holdings CEO Glenn Fogel joins CNBC's 'Squawk Box' to react to the company's second-quarter earnings report and provides an outlook for travel demand heading into the fall.
 

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