Travel
Inflation may cause Americans to cut back on travel. Here’s how to vacation and save money
Inflation is surging — and if it keeps up, Americans may start nixing their travel plans. Some 40% of U.S. adults said they would cancel a vacation or trip if consumer prices continue to rise, according to a new CNBC + Acorns Invest in You survey, conducted by Momentive. The online poll was taken March […]
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Who loses if JetBlue buys Spirit? Comedians
Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite sources […]
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Potomac’s Mark Avallone’s top stock picks: Hyatt Hilton, Marriott
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Avallone, president of Potomac Wealth Advisors, joins ‘The Exchange’ to discuss business travel demand, how investors can take advantage of the markets and more. Source
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Hertz inks deal for 65,000 Polestar electric vehicles over five years
Polestar CEO Thomas Ingenlath and Hertz CEO Stephen Scherr join CNBC’s ‘Squawk Box’ to break down the pair’s new strategic partnership. Source
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Too early for ‘solid predictions’ but we’re optimistic on tourism recovery: Singapore tourism agency
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Asia Keith Tan, chief executive of the Singapore Tourism Board, discusses the country’s eased travel restrictions and border reopening. 02:25 an hour ago Source
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Booking Holdings CEO says higher prices haven’t dented summer travel demand yet
A sharp uptick in inflation has so far not caused a slowdown in demand for travel in the spring and summer months, Booking Holdings CEO Glenn Fogel told CNBC on Thursday. “Not yet. Not yet,” said Fogel, whose company offers online travel services, including flight booking. He cited the Covid pandemic’s disruptions to travel routines. “When you […]
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Buy your ticket now if you’re planning to take a summer trip, says Booking Holdings CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Fogel, Booking Holdings president and CEO, joins ‘Closing Bell’ to discuss the CDC’s cruise guidance, what other travel restrictions should be lifted and what he’s seen from the war in Ukraine. Source
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Virgin Voyages CEO: We’ve seen cruise bookings skyrocket 125% since January
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The CDC has lifted its risk advisory for cruise travel. Tom McAlpin, Virgin Voyages CEO and president, joins ‘Squawk on the Street’ to cruise demand in recent months and what cruise lines can do to bring passengers back on board. Source
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Gender-neutral X passports will be available in April
U.S. citizens will be able to select the gender neutral “X” as a marker on their passport books starting April 11, the State Department said Wednesday. It made the announcement on the eve of Transgender Day of Visibility, an annual day on March 31 that celebrates transgender people. The U.S. special diplomatic envoy for LGBTQ […]
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What it’s like to travel to Australia right now
CNBC Travel went to the land “Down Under” to answer common questions about traveling to Australia. Australia’s rigid pandemic border policies led some to wonder if international travelers would still want to visit. It appears they do. Four weeks after the country opened to vaccinated visitors, international flight bookings are nearly half (49%) of pre-pandemic […]
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