Hotels and resorts
Travelers are upset about rising costs, but most aren’t canceling their plans just yet
Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which could derail a much-needed 2022 summer travel comeback. Travel conversations on Twitter decreased 75% from April to May, while discussions related to gas […]
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Why Marriott, Hilton and Hyatt say hotel prices are only going up
Despite high inflation, a softening economy, and fears of a recession, the hotel industry is not seeing any slowdown. It’s the exact opposite, with Hilton CEO Chris Nassetta predicting that the hotel chain will “have the biggest summer we’ve ever seen in our 103-year history this summer.” Few industries were hit as hard as travel […]
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Four ‘dream jobs’ for people who love to travel
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an office for that matter — isn’t an option. A year of travel Name: Sebastian ModakJob: Former New York Times “52 Places […]
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Japan is set to open its doors in June, but some locals aren’t happy about it
As countries across Asia reopen to international travelers, Japan — one of the continent’s most popular destinations — remains firmly closed. That may soon change. Prime Minister Fumio Kishida announced Thursday at a news conference in London that Japan will ease border controls in June. Locals often celebrate the easing of pandemic-related border restrictions, but some […]
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There was a ‘big rebound’ in leisure travel after omicron wave ebbed, says Indian hospitality company
Kavinder Singh of Mahindra Holidays & Resorts India discusses the pent-up demand in the travel industry. Source
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What’s the best hotel for business travel? Take CNBC’s survey and tell us your favorite
Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two years. A full recovery may be a couple years away, but Deloitte is forecasting 55% of business travel will be back […]
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Why solo female travelers are joining group tours
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country where I don’t speak the language. Administrative matters — such as Covid tests, vaccination certificates and health declarations — would be […]
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High inflation may prompt people to change their summer vacation plans
Summer vacations plans could be in flux this year. This time, it’s not because of Covid-19. Instead, high prices due to inflation may prompt prospective travel goers to switch up their plans. In fact, 69% of adults who say they will take a vacation this summer anticipate changing their travel plans as prices have soared […]
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Here’s why Airbnb’s 2019 acquisition of HotelTonight could be key to its post-pandemic playbook
HotelTonight CEO Sam Shank Ben Robertson In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Like many mobile-first, on-demand service-based companies started in the early 2010s, HotelTonight saw similarities with two of the biggest disruptors in that category. “That’s how the world is moving: […]
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Inflation may cause Americans to cut back on travel. Here’s how to vacation and save money
Inflation is surging — and if it keeps up, Americans may start nixing their travel plans. Some 40% of U.S. adults said they would cancel a vacation or trip if consumer prices continue to rise, according to a new CNBC + Acorns Invest in You survey, conducted by Momentive. The online poll was taken March […]
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