Travel
The most common travel scams in 9 global cities
The travel industry is one of the sectors most susceptible to fraud, with scams rising 18% during the summer peak season and 28% in the winter peak season in 2024, according to a new report. The report, published last Tuesday by the Mastercard Economics Institute, showed that fraud related to travel agency and tour company […]
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Ryanair Group CFO Neil Sorahan on FY25 results, travel demand and tariff impact
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ryanair Group CFO Neil Sorahan joins ‘Squawk Box’ to discuss the company’s full-year profit, summer travel demand outlook, impact of tariffs on Boeing deliveries, and more. Source
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Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs. “Walmart should STOP trying to blame Tariffs as the reason […]
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From Google to Expedia, AI travel agents planning future trip far beyond ‘assistant’ status
Alexander Spatari | Moment | Getty Images Since ChatGPT’s big public debut already close to three years ago, Google has faced persistent questions about its decades-long hold over internet search traffic. That concern surfaced again in recent weeks after a top Apple executive alluded to a decline in search traffic on iPhone (where Google is […]
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Former United Airlines CEO Oscar Munoz: Air traffic problems have been decades in the making
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Former United Airlines chairman and CEO Oscar Munoz joins ‘Squawk Box’ to discuss the failures in the air traffic control systems plaguing various U.S. airports, modernizing the outdated system, whether it’s safe to fly in the U.S. right now, and more. Source
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Experiences are the next chapter for the travel industry, says GetYourGuide CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Johannes Reck, CEO of GetYourGuide, discusses how consumers’ approach to travel has changed and why experiences are now the number one priority for people as they go on holiday. Source
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Japan’s exchange rate plays a key role in its attractiveness to tourists, says Mastercard
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Mann discusses the latest travel trends report from the Mastercard Economic Institute, which finds an increasing number of Asian countries becoming preferred destinations for the summer. 07:18 Fri, May 16 202512:37 AM EDT Source
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Travel among sectors most heavily impacted by fraud, Mastercard report finds
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Fraud can start in the travel pre-planning stage, says Mastercard’s David Mann, as he outlines details from the Mastercard Economic Institute’s latest report on travel trends. 01:49 Fri, May 16 202512:24 AM EDT Source
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The world’s best airport is building a mega terminal to ride the travel boom in Asia
Asia is set to see a travel boom, and countries in the region are gearing up to exploit this surge in demand. Singapore’s Changi Airport on Wednesday broke ground on its fifth terminal, which is expected to be operational in the mid-2030s. The new terminal, which sits on a plot of land 1,080 hectares large, […]
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He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week
Shao Chun Chen moved to Chiang Mai, Thailand, in late 2024. Courtesy of Shao Chun Chen Shao Chun Chen used to work more than 40 hours a week in his corporate career in Singapore. Now, he has a three-hour-a-week job that sustains his and his family’s life in Thailand. The 39-year-old grew up in Singapore […]
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