Travel
‘We are firing on all cylinders’: Marriott CEO says business is solid despite corporate layoffs
Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China’s tourism market. “We are firing on all cylinders in every geography,” he said. The company’s third-quarter earnings showed a 3% increase in worldwide RevPar — or revenue per […]
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American Airlines to shame boarding line cutters with new technology
Haiyun Jiang | Bloomberg | Getty Images Watch out, line cutters. American Airlines is rolling out new technology across the country to crack down on travelers trying to get on the airplane before their boarding group is called. Customers who try to scan a boarding pass before their group is called will hear a two-note […]
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The future of travel in the Middle East
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Capital Connection Global travel CEOs speak to CNBC’s Emma Graham at Skift Global Forum East in Dubai about the future of travel in the Middle East. 02:53 19 minutes ago Source
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Delta CEO: Projecting we generate $50 billion of operating cash over next 3-5 years
Ed Bastian, Delta CEO, joins ‘Squawk Box’ to discuss how Delta will achieve sustained higher profits going forward, why investors should believe Delta is a good stock to invest in, and what Bastian has learned from the trying times this year. Source
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Marriott CEO Anthony Capuano: Modest-income households want to travel, but they want value too
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Modest-income households have a strong appetite for travel and “a real desire to find a value alternative,” said Marriott CEO Anthony Capuano, while in Japan following the debut opening of the company’s midscale brand, Four Points Flex by Sheraton, in Asia-Pacific (excluding […]
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Marriott CEO Tony Capuano: ‘We are firing on all cylinders in every geography’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid corporate layoffs and sluggishness in China’s domestic tourism market. Demand and high occupancy levels in Japan, the Middle East and Western Europe are driving global growth, he […]
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How to optimize your holiday travel budget on ‘Travel Tuesday’
If you still haven’t booked your holiday travel plans, take note: Prices tend to rise the closer you get to the days you’re looking to travel. To afford holiday trips, about 50% of respondents are cutting back on other expenses while 49% are picking up discounts and deals, according to the 2024 Holiday Travel Outlook […]
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How to trade on Thanksgiving travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dan Close, head of municipals at Nuveen, joins CNBC’s ‘The Exchange’ to discuss trading on Thanksgiving travel, the case for municipal bonds, and more. Source
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What travelers need to know about Spirit Airlines’ bankruptcy
A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago. The budget-travel […]
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Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda. The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra […]
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