Travel
Spirit CEO says he wonders whether JetBlue’s bid was meant to block Frontier deal
A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines CEO Ted Christie on Thursday laid bare the reasons his company rejected JetBlue Airways’ […]
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We have not seen an impact on travel spend from inflation, says Expedia Group CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Peter Kern, Expedia Group CEO, joins ‘TechCheck’ to discuss whether investors are wrong to question the sustainability of the travel rebound, his thoughts on the company’s recent stock performance and how inflation is impacting the business. Source
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Booking Holdings CEO Glenn Fogel breaks down earnings, travel demand outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Glenn Fogel, president and CEO of Booking Holdings, joins CNBC’s ‘Squawk Box’ to break down the company’s latest quarterly earnings report. 02:54 a minute ago Source
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Airbnb is seeing the benefits of pent-up demand for travel, says Tapas’ Greg Greeley
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Greg Greeley, Tapas Capital advisor and former Airbnb and Amazon executive, joins ‘TechCheck’ to discuss Airbnb’s quarterly earnings results, why he decided to leave Airbnb before the company went public and more. Source
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We think the summer is going to be gangbusters for travel demand, says Marriott CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tony Capuano, Marriott CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, whether global travel recovery will be sustained despite inflationary pressures and how strong business travel will be this summer. Source
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Lyft’s John Zimmer on earnings: Q2 is an opportunity to kick start growth
John Zimmer, president and co-founder of Lyft, joins CNBC’s ‘Squawk Box’ to break down the ride-hailing company’s latest quarterly earnings report, which sent shares of the company lower in premarket trading. Source
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Miami hosts its first F1 Grand Prix this weekend, and thousands of fans are spending a ton just to be in town
Tickets to this weekend’s Formula 1 Grand Prix in Miami are selling for thousands of dollars a piece, as surging U.S. interest and the global wealthy drive up prices for a weekend of high-speed excess. More than 300,000 race fans, tourists, executives and party-goers are expected to pour into Miami for the event, sponsored by […]
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There was a ‘big rebound’ in leisure travel after omicron wave ebbed, says Indian hospitality company
Kavinder Singh of Mahindra Holidays & Resorts India discusses the pent-up demand in the travel industry. Source
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Southwest to offer free Wi-Fi on some flights as it tests service upgrades
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more customers. The carrier has outfitted 40 of its Boeing 737s with upgraded hardware for its Wi-Fi service, according to a memo to employees sent […]
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MGM can go up 26% from here as convention business recovers, JPMorgan says
Shares of MGM Resorts International could rally as tourism and business conventions return to Las Vegas, according to JPMorgan. Source
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