Travel
Wyndham CEO Geoff Ballotti: Strong demand drivers paint positive picture for the industry
Geoff Ballotti, Wyndham Hotels & Resorts CEO, joins ‘Squawk Box’ to discuss the launch of a new franchise offering for independent hoteliers in the economy lifestyle segment, state of the travel and the consumer, and more. Source
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Why casino stocks are pulling back
CNBC’s Contessa Brewer reports on the action in casino stocks. Source
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‘Common sense will prevail’: Bombardier CEO on U.S. tariffs and U.S.-Canada trade spat
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Éric Martel, President and CEO of Bombardier, speaks to CNBC’s Monica Pitrelli at the sidelines of the Milken Asia Summit. He reiterates that the company’s flagship jet, the ‘Global 8000’ is on track to hit the markets in 2025 and adds that […]
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Singapore’s F1 race boosts tourism to the island — and other parts of Asia-Pacific
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by […]
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Travel companies using AI could help them become big winners, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins ‘Closing Bell’ to discuss the govt. shutdown’s impact on travel, which stocks is one of Evercore’s top picks and much more. Source
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Tourism hit hard by government shutdown: Here’s what to know
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Contessa Brewer joins ‘Squawk on the Street’ to discuss the impact of the government shutdown on the tourism industry. 03:27 an hour ago Contessa Brewer Source
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Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Erica Tay, economist at Maybank Investment Banking Group, discusses how “holiday stringing” would impact Chinese domestic and outbound tourism during the Golden Week holiday, and why she’s not overly concerned about unemployment in China being at a 6-month high. Source
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‘Seconds count’: Avoiding airplane collisions at airports could come down to cockpit alerts
ABOARD A HONEYWELL TEST PLANE — Aerospace giant Honeywell is building new cockpit alerts that developers say will give airline pilots more precious time to react to hazards at airports. Honeywell senior test pilot Capt. Kirk Vining late last month put the alerts — called Surface Alert, or SURF-A — to the test by recreating […]
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Spirit Airlines is halting 40 routes, hires ex-Amazon network planning exec
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and […]
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U.S. startup airline Breeze Airways plans first international flights
A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Matt May | Bloomberg | Getty Images U.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year […]
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