Travel
Asia’s middle class fuels regional travel growth: Marriott International President
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rajeev Menon, Marriott International’s President for Asia Pacific (ex-China), explained that the rise of Asia’s middle class is set to reshape the travel industry. As more people gain disposable income, he expects leisure and business travel across the region to increase significantly. […]
Read More
How black boxes became key to solving airplane crashes
After the search for survivors and recovery of victims in tragic aviation accidents — like that of a UPS cargo plane shortly after takeoff from Louisville Muhammad Ali International Airport in Kentucky last month — comes the search for flight data and a cockpit voice recorder often called the “black box.” Every commercial plane has them. Aerospace giants […]
Read More
Millennials are driving a sports tourism boom — and spending big to do it. Here’s why
Vince Nguyen, a 39-year-old entrepreneur based in Vietnam, spends a few hundreds almost every month traveling to other countries to play pickleball. The sport, which began as a pastime after injuring himself in American football, has since become central to his lifestyle, as he plays it for two to four hours almost daily. Since he […]
Read More
SATS CEO on cargo growth, economic headwind, and year-end travel demand
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Kerry Mok, President and CEO of SATS (Singapore Airport Terminal Services), discusses booming air cargo globally despite tariff-related headwinds. Source
Read More
Pittsburgh International Airport CEO expects no scarring effect from shutdown on Thanksgiving travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Pittsburgh International Airport CEO Christina Cassotis joins CNBC’s ‘Money Movers’ to discuss whether air travelers will see a scarring effect from the recent government shutdown, the expansion of airport infrastructure, and more. Source
Read More
Sara Nelson on record Thanksgiving travel: In the best position possible going into this holiday
Sara Nelson, Association of Flight Attendants international president, joins ‘Squawk Box’ to discuss this year’s record Thanksgiving travel, state of air travel, and more. Source
Read More
China’s ‘weaponization’ of travel mirrors US strategy, says hospitality veteran
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ho Kwon Ping, Founder and Executive Chairman of Banyan Group, discusses how the China‑Japan rift is impacting travel and hospitality between the two countries, noting that China’s “weaponization” of tourism mirrors U.S. tactics. He also talks about the group’s milestone with the […]
Read More
U.S. moves to tame the skies as disruptive passenger incidents reach new highs
The U.S. Department of Transportation on Wednesday launched a nationwide campaign urging travelers to improve their behavior at airports and on flights, as disruptive incidents remain far above pre-pandemic levels. The effort, called “The Golden Age of Travel Starts with You,” aims to restore civility in the skies and address a surge in disruptive behavior. […]
Read More
Dubai Airports targets annual traffic of 124 million by 2032: CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dubai Airports CEO Paul Griffiths says that Dubai is cementing its position as the world’s busiest international hub, with record-breaking passenger volumes and strong growth momentum. Source
Read More
Chinese tourists will pivot beyond Japan, Asia’s travel demand still strong, says Booking Holdings
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holdings CFO Ewout Steenbergen told CNBC’s Squawk Box Asia that travel demand in Asia remains resilient despite fewer Chinese tourists visiting Japan. He also emphasized the company’s global diversification, steady growth in U.S. and Asian bookings, plus encouraging momentum in its […]
Read More