Travel
These two cruise lines stand out above the rest, Susquehanna says
The hard-hit cruise industry should see demand recover, but a testy economy means investors should be selective with which stocks to pick, according to Susquehanna Financial Group. “Positively, the industry is on the mend; liners are planning to redeploy their full fleets into the summer and have a line of sight to profitability into 2023. […]
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Cruise stocks lose steam
CNBC’s Seema Moody joins ‘The Exchange’ to report on the headwinds faced by cruise lines compared to other travel stocks. Source
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Jim Cramer says now is the time to build a position in Uber
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Spirit Airlines postpones special meeting on Frontier deal
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Spirit Airlines has postponed its shareholder vote scheduled for Friday to consider its tentative agreement to merge with Frontier Airlines. CNBC’s Phil LeBeau joins ‘Squawk Box’ with the details. Source
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Bookings through summer are looking very, very strong, says Hyatt president and CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Hoplamazian, Hyatt president and CEO, joins ‘Squawk on the Street’ to discuss how Hyatt’s business looks, how foreign demand in the U.S. is faring and whether labor troubles are affecting Hyatt’s business. Source
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Major airlines report pilot shortage weighing on flights
CNBC’s Phil LeBeau joins ‘Squawk Box’ to report how a nationwide pilot shortage is impacting the busy summer travel season. Source
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Signs are pointing to a brutal summer of travel, says The Points Guy’s Brian Kelly
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brian Kelly, founder of travel website ‘The Points Guy,’ joins CNBC’s ‘Squawk Box’ with a look at the busy summer travel season. “All the signs are pointing to a pretty brutal summer,” Kelly tells CNBC regarding the forthcoming travel season. Source
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Marriott forward bookings in Europe are 50% ahead of same time in 2019, says Marriott CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tony Capuano, Marriott CEO, joins ‘Closing Bell’ to discuss if this summer is the strongest’s the company has seen, if Secretary Raimondo’s aspirations for 90 million tourists will come to fruition and more. Source
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Hilton CEO Chris Nassetta says hotel chain not seeing any signs of travel slowdown
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Chris Nassetta, Hilton Worldwide CEO, joins ‘Squawk on the Street’ to discuss if Nassetta sees any sign of a slowdown in travel, how they’ve managed to see continued demand and if more price hikes are coming. Source
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Watch CNBC’s full interview with JetBlue Airlines CEO Robin Hayes
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email JetBlue Airlines CEO Robin Hayes sits down with CNBC’s Phil LeBeau to discuss the company’s enhanced deal for Spirit Airlines amid its planned merger with Frontier Airlines. Hayes also reacts to concerns that a potential deal between JetBlue and Spirit would face […]
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