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.
Overtourism isn’t the problem — it’s ‘lack of management’ by cities, says sustainable travel expert
Travel
FAA weighs reducing Newark flights after hundreds of disruptions
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images U.S. airlines will meet with the Federal Aviation Administration this week to discuss cutting flights at Newark Liberty International Airport after a series of equipment failures and air traffic […]
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Travel
Disney, Abu Dhabi and a growing theme park capital at ‘crossroads’ of world
Ferrari World building in Abu Dhabi, United Arab Emirates on December 2nd, 2023. Nurphoto | Nurphoto | Getty Images Disney’s announcement last week that its newest theme park will be in Abu Dhabi offers further confirmation of the status of the United Arab Emirates as a global consumer crossroads located in the Middle East. At the […]
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Travel
3-Stock Lunch: Palantir, Lyft and Expedia
Will McGough, Prime Capital Financial director of investments, joins ‘Power Lunch’ to discuss stock plays for three stocks. Source
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