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

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


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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.



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Philippines’ push to lift tourism to 20% of GDP is ‘very realistic’: Ayala Corp
Travel

Philippines’ push to lift tourism to 20% of GDP is ‘very realistic’: Ayala Corp

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mariana Zobel de Ayala of Ayala Corporation says expanded public-private partnerships in infrastructure will be critical to achieving the Philippine government’s goal of boosting tourism’s share of the economy. Source

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JPM recommends selling Tesla. Here’s a breakdown of the call
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JPM recommends selling Tesla. Here’s a breakdown of the call

CNBC’s Phil LeBeau joins ‘Money Movers’ to discuss Boeing’s May orders and JPM recommending to sell Tesla. Source

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U.S. travelers are cutting back on summer Europe trips — but Chinese tourists are making up for it
Travel

U.S. travelers are cutting back on summer Europe trips — but Chinese tourists are making up for it

Tourists and locals enjoy a warm spring day with high temperatures in El Postiguet Beach. Marcos Del Mazo | Lightrocket | Getty Images U.S. tourists seem to be cutting back on summer trips to Europe — but Chinese travelers are more than making up for it, a study found. Data from the European Travel Commission […]

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