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
Travel
Chinese tourists will pivot beyond Japan, Asia’s travel demand still strong, says Booking Holdings
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holdings CFO Ewout Steenbergen told CNBC’s Squawk Box Asia that travel demand in Asia remains resilient despite fewer Chinese tourists visiting Japan. He also emphasized the company’s global diversification, steady growth in U.S. and Asian bookings, plus encouraging momentum in its […]
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Travel
Japan tourism-exposed stocks sink as China issues travel warning after Takaichi’s Taiwan remarks
Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Japan’s tourism-exposed stocks fell on Monday as tensions with China intensified after Beijing issued a travel and study alert for Chinese citizens considering going to Japan. Beauty and cosmetics firm Shiseido, which […]
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Travel
FAA reducing required flight cuts from 6% to 3%
CNBC’s Phil LeBeau joins ‘Closing Bell Overtime’ with the latest on the air traffic pullbacks. Source
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