Travel
United Airlines plans $1.5 billion share buyback, forecasts fourth-quarter earnings above estimates
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong […]
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Lufthansa fined record $4 million for discriminating against Jewish passengers
Lufthansa airplanes are parked on the tarmac at Frankfurt airport, Germany. Ralph Orlowski | Reuters Germany’s flagship airline has been fined $4 million by the U.S. Department of Transportation over allegations it discriminated against a group of Jewish passengers. The regulator said Tuesday that Lufthansa had prohibited 128 people wearing traditional Orthodox Jewish clothing from […]
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Overtourism: It’s not the tourists — it’s local ‘lack of management,’ says sustainability expert
Crowded beaches. Expensive rent. Tourist sites with wall-to-wall people. When it comes to overtourism, don’t blame the travelers, said Randy Durband, CEO of the Global Sustainable Tourism Council. Rather, it’s “lack of management,” he told “Squawk Box Asia” Monday. “I’ve been in travel and tourism for 40 years, working on committees and trade associations […]
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Overtourism isn’t the problem — it’s ‘lack of management’ by cities, says sustainable travel expert
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Travel demand is here to stay, so cities need to transition from marketing to managing tourism to avoid problems associated with overtourism, Randy Durban, CEO of the Global Sustainable Tourism Council told CNBC’s “Squawk Box Asia” Monday. Source
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GSTC CEO: Barcelona tourists and locals face ‘unique’ clash
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Randy Durband, CEO of the Global Sustainable Tourism Council, talks about the anti-tourism protests in Barcelona and tried-and-true strategies authorities can implement to mitigate overtourism. Source
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Protestors in Spain told travelers to ‘go home.’ Did they listen?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email More international tourists visited Spain this summer than ever before. And the most popular spots were the very places where protests took place this year, report CNBC’s Monica Pitrelli. Source
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Expect more protests against mass tourism in Spain, organizers say
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tourist arrivals to Spain increased following anti-tourism protests this year. But Barcelona organizers say protests are one step in a larger plan to reduce tourism in the city, reports CNBC’s Monica Pitrelli. Source
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Protesters in Spain told tourists to ‘go home.’ Instead more arrived.
On July 6, thousands of anti-tourism protesters marched through the streets of Barcelona, shouting: “Tourists go home!” A little more than a month later, Spain’s tourism board sent a mass email with a different message: “Spain: the summer you’ll want to repeat every year … We can’t wait to see you!” Tourists caught in the […]
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He flies business and first class multiple times a year — all on credit card points
For most travelers, flying in business and first class, especially on international flights, is a once-in-a-lifetime opportunity. A business class ticket can cost up to five times more than an economy ticket on Singapore Airlines — and a whopping 13 times more for a first-class one. As a result, these cabins are often booked by […]
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Royal Caribbean is ‘best in breed on so many levels’, says Citi’s James Hardiman
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime James Hardiman, Citi leisure analyst, joins ‘Closing Bell Overtime’ to talk the cruise industry as the sector climbs higher. 05:08 37 minutes ago Source
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