Hotels and resorts
Indian outbound travel will be ‘the story’ of the next decade, says Hilton executive
Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council. But the current level of Indian travel is “minuscule” compared with what’s to come, Alan Watts, Hilton’s Asia-Pacific president, told “Squawk Box Asia” Monday. “The story for India is before us,” he said. “India outbound will be […]
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Travel is finally back — and an era of huge growth is upon us
The global travel industry is set to fully recover from the Covid-19 pandemic this month, according to U.N. Tourism. During the first nine months of 2024, international arrivals worldwide reached 98% of pre-pandemic levels, compared to the same period in 2019, it said. The remaining 2% gap will close this month, according to the organization, […]
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I’ve travelled to 40 countries with my parents. We’re magnets for mishaps — and couldn’t be more grateful
A trip to Egypt — the first my brother and I took as adults with our parents — quickly went off the rails. After spending Christmas in the Sinai Peninsula, we drove our rental car back to Cairo. At the hotel, a well-dressed man, whom my father mistook for a hotel valet, offered to move […]
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NYC hotel rates surge to $417 a night on average in September
CNBC’s Joe Kernen reports on New York City’s hotel rates. Source
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Deaths of 6 travelers suspected to be caused by tainted alcohol. Here’s where incidents happen the most
Six travelers have died from suspected methanol poisoning after visiting the tourist town of Vang Vieng, Laos, this month. The travelers — two from Australia, two from Denmark, one from United Kingdom and one from United States — are believed to have consumed alcohol tainted with methanol, which is sometimes illegally added to regular or […]
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See some of the best photos from National Geographic’s ‘Pictures of the Year’
National Geographic released its annual “Pictures of the Year” issue this week, showcasing 20 photographs — out of some 2.3 million in contention — that depict striking scenes of nature, wildlife and human connection to the world. Here are CNBC’s picks of the best of the best. A leap of faith A young emperor penguin […]
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‘We are firing on all cylinders’: Marriott CEO says business is solid despite corporate layoffs
Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China’s tourism market. “We are firing on all cylinders in every geography,” he said. The company’s third-quarter earnings showed a 3% increase in worldwide RevPar — or revenue per […]
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Marriott CEO Anthony Capuano: Modest-income households want to travel, but they want value too
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Modest-income households have a strong appetite for travel and “a real desire to find a value alternative,” said Marriott CEO Anthony Capuano, while in Japan following the debut opening of the company’s midscale brand, Four Points Flex by Sheraton, in Asia-Pacific (excluding […]
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Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda. The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra […]
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The trendiest gift to give this season? Travel — if you can figure out how
Forget the headphones, the fuzzy slippers and the espresso machine that cranks out a cold brew. Globally, three out of four Gen Zs and millennials said that rather than a physical gift, they want a fun experience or trip this holiday season, according to an Amex Trendex survey. Gift givers are listening too. Half of […]
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