Micah Tamthai of Minor International discusses how the release of pent-up demand might affect Thailand’s tourism industry and its services industry, which he says is the “backbone” of the country’s economy.
Lifting of Covid restrictions in Thailand will boost travel and services industries, says hospitality firm
Travel
Safer to stay home? European firms rethink travel policy over U.S. border control concerns
U.S. Customs and Border Protection in Newark Liberty International Airport. Nicolas Economou/NurPhoto via Getty Images Some European companies are growing wary about sending their employees to the U.S. It comes amid volatile policymaking by the Trump administration, more stringent immigration checks, and an uptick in reports of detentions and deportations. Some businesses CNBC spoke to, […]
Read More
Travel
Travelers are taking ‘a more frugal approach’ to summer vacations this year, expert says
Klaus Vedfelt | Digitalvision | Getty Images Earlier this spring, consumers were feeling good about their summer vacation prospects. More people were planning to take a trip compared to last year, and summer travel budgets were up, too, according to a new report from Deloitte. But just a few weeks later — after President Donald […]
Read More
Travel
Hamptons summer rentals down 30% compared to last year
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Robert Frank joins ‘Squawk on the Street’ to discuss why rentals in the Hamptons are piling up. 04:25 8 minutes ago Robert Frank Source
Read More