Travel
What to know about airline refunds, delays as global IT outage causes ‘mass chaos,’ expert says
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Ting Shen/Bloomberg via Getty Images Major airlines like United, Delta and […]
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Packing your bags for Paris? Here’s what to expect from a visit this summer
During the six years that I was lucky enough to live in the center of Paris, I learned a lot about the ups and downs that come with being a Parisienne. I would move back in a heartbeat. But I also feel for international visitors who arrive with a romantic vision of beautiful perfection, only […]
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A new Raffles hotel opened in India’s ‘Pink City.’ Here’s what it looks like inside
The iconic Raffles hotel brand announced the opening of Raffles Jaipur on July 8 — the second to open in the Indian subcontinent. The first, Raffles Udaipur, opened in 2021. Both hotels are in Rajasthan, a northwestern Indian state known for its stunning forts and historical palaces, like the Hawa Mahal. Jaipur, the capital city […]
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Spirit Airlines forecasts bigger quarterly loss as revenue falls short of expectations
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 said Tuesday it would post a deeper-than-expected loss for the last quarter because of revenue that came in short of its expectations. Shares of the budget […]
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Protests will ‘absolutely’ spread if European cities don’t address overtourism, says UNESCO official
Protests in Spain will spread if European officials fail to address mass tourism’s negative effect on the lives of residents, UNESCO’s Peter Debrine told “Squawk Box Asia” on Monday. “It’s turning into a very volatile situation,” said UNESCO’s senior project officer for sustainable tourism. “Civil society coming and trying to make change is very important, […]
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Consumer remains extremely resilient and is ‘thirsting’ for experiences, says Royal Caribbean CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jason Liberty, Royal Caribbean Cruises president and CEO, joins ‘Squawk on the Street’ to discuss how Trump’s assassination attempt could impact business, why Royal Caribbean’s ‘Utopia of the Seas’ is important to the brand, and much more. Source
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Significant above the clouds — the rise of stratospheric balloon tourism
ShareShare Post by using FbShare Short article through TwitterShare Post by using LinkedInShare Post via E mail A selection of startups are hoping to hoist vacationers to the stratosphere making use of pressurized capsules and substantial fuel-stuffed balloons. CNBC spoke to a few of them, France-dependent Zephalto, Florida-based mostly Place Perspective and Arizona-dependent Environment View. […]
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Delta Air Lines CEO Ed Bastian on Q2 results: Stellar performance across the board
CNBC’s Phil LeBeau and Delta Air Lines CEO Ed Bastian join ‘Squawk Box’ to break down the airline’s quarterly earnings results, revenue and seat mile miss, premium travel demand, and more. Source
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Delta shares tumble after outlook falls short of estimates despite strong summer travel demand
Nurphoto | Nurphoto | Getty Images Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its forecast fell short of analysts’ estimates as carriers discounted fares after expanding flights. Shares of Delta fell about 8% in premarket trading. Other U.S. airlines were also trading lower. […]
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The Fed may soon cut interest rates. That could make your next trip abroad more expensive
SeongJoon Cho/Bloomberg via Getty Images The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s due to how interest-rate policy affects the strength of the U.S. dollar. Here’s the basic idea: An environment of rising U.S. interest rates relative to […]
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