Travel

Marriott CEO Tony Capuano: Pent up travel demand is creating ‘extraordinary pricing’
Travel

Marriott CEO Tony Capuano: Pent up travel demand is creating ‘extraordinary pricing’

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Marriott CEO Tony Capuano sits down with CNBC’s Andrew Ross Sorkin at the 2022 World Economic Forum to discuss how the company is adapting to strong demand following the Covid-19 pandemic. Source

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Airbnb is closing its domestic business in China, sources say
Travel

Airbnb is closing its domestic business in China, sources say

Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb Inc., speaks during a news conference in Tokyo, Japan, on Thursday, June 6, 2019. Akio Kon | Bloomberg | Getty Images Airbnb is closing its domestic business in China, according to two sources familiar with the matter. The company is planning to tell employees in the […]

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These 10 companies help pay for their employees’ vacations
Travel

These 10 companies help pay for their employees’ vacations

Michelle and Jeremy Warren’s recent trip to the Galapagos Islands was paid for, in part, by her company, FullContact. Michelle Warren When Michelle Warren traveled to the Galapagos Islands for 10 days this spring, her bosses helped foot the bill. It’s one of the many benefits offered by her employer, Denver-based tech company FullContact. Warren’s […]

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The release of pent-up demand in the travel industry is still underway, says Mastercard
Travel

The release of pent-up demand in the travel industry is still underway, says Mastercard

David Mann of the Mastercard Economics Institute discusses the findings from its latest travel report. Source

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Singapore Airlines has a ‘first mover advantage’ thanks to the country’s reopening: Industry expert
Travel

Singapore Airlines has a ‘first mover advantage’ thanks to the country’s reopening: Industry expert

Greg Waldron, Asia managing editor of FlightGlobal, discusses the airline’s “dramatic” improvement in earnings. Source

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United Airlines says FAA has cleared 52 Boeing 777s to fly again after they were grounded for engine failure
Travel

United Airlines says FAA has cleared 52 Boeing 777s to fly again after they were grounded for engine failure

A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images United Airlines said Tuesday that the Federal Aviation Administration has cleared the path for the return of 52 Pratt & […]

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International travel in first and business class is recovering faster than in economy: Industry body
Travel

International travel in first and business class is recovering faster than in economy: Industry body

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United reaches new contract deal with pilots union, the first of the major airlines in pandemic
Travel

United reaches new contract deal with pilots union, the first of the major airlines in pandemic

Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines and its pilots’ labor union have reached an agreement on new contract terms, the first of the major carriers to strike a deal since the start of the pandemic. The crisis roiled the industry […]

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Are stratospheric balloon rides to ‘space’ safe?
Travel

Are stratospheric balloon rides to ‘space’ safe?

These balloons will travel 30 to 40 kilometers high and the journeys are said to be so smooth that passengers can eat, drink and walk around during the flight. CNBC’s Monica Pitrelli reports. Source

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Want to travel to space? In 2024, balloons might take you part of the way there
Travel

Want to travel to space? In 2024, balloons might take you part of the way there

Nearly half of Americans want to travel to space. But that means the other half doesn’t, according to a 2021 survey by ValuePenguin, one of LendingTree’s financial research websites. Nearly 40% said space travel was too dangerous, while others worried about environmental impact and costs. Soon there will be an option that addresses those worries, […]

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