Michelle Meyer, Mastercard Economics Institute chief economist, joins CNBC’s ‘Power Lunch’ to discuss outlooks on the consumer, travel trends, and more.
Mastercard’s Michelle Meyer: Consumers are still spending on travel
Travel
More than half of the summer’s top trending travel destinations are in Asia
Asia is home to more than half of this summer’s top 15 emerging travel destinations, according to a report released Monday by the Mastercard Economics Institute. Tokyo and Osaka topped the list, which compared summer flight bookings for 2024 and 2025 to find the places experiencing the most growth in travelers. The ranking shows continued […]
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Travel
FAA weighs reducing Newark flights after hundreds of disruptions
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ with the latest developments on the mounting air traffic control problems at Newark Liberty International Airport. Source
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Travel
‘Resort fees’ in the U.S. must now be disclosed. But some aren’t celebrating yet
A new U.S. rule that requires hotel and short-term lodging companies to disclose so-called “junk fees” starts Monday. Announced by the Federal Trade Commission in December, the rule takes direct aim at the widely loathed charges, which can appear as “resort,” “destination” or “hospitality service” fees and purport to grant perks that travelers either don’t […]
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