InterContinental Hotels Group PLC

Travel demand fuels a boom in Asia Pacific — in hotel charges
Travel

Travel demand fuels a boom in Asia Pacific — in hotel charges

Obtaining a good hotel deal may be more challenging than ever before. Lodge rates are at an “all-time large,” Alan Watts, Hilton’s Asia-Pacific president, explained to “Squawk Box Asia” on Thursday. Charges are being fueled by travel demand that is like “a feast … to offset the famine,” he said, referencing the pandemic. In accordance […]

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What do Chinese travelers want? Luxurious ‘star-rated’ motels, says new survey
Travel

What do Chinese travelers want? Luxurious ‘star-rated’ motels, says new survey

Buyers in China strategy to pay back up when it arrives to accommodations, a Morgan Stanley survey uncovered in late January. The investigation details to expanding need for higher-conclude and luxurious resorts in China now that the place has finished domestic travel limitations — and a Covid wave has handed. “Buyers look more ready to […]

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Stocks making the biggest moves premarket: American Express, Verizon, Snap and others
Finance

Stocks making the biggest moves premarket: American Express, Verizon, Snap and others

In this article CSX SNAP VZ AXP Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO1:3101:31 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue also topping […]

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Shanghai, Mumbai, Melbourne and beyond: CNBC names the best Asia-Pacific hotels for business travel
Business

Shanghai, Mumbai, Melbourne and beyond: CNBC names the best Asia-Pacific hotels for business travel

Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data firm Statista to produce rankings of the “Best Hotels for Business Travelers.” A second list of rankings for hotels in Europe and […]

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Why Marriott, Hilton and Hyatt say hotel prices are only going up
Business

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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Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning discussion of LGBTQ issues in public schools
Politics

Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning discussion of LGBTQ issues in public schools

Revelers celebrate on 7th Avenue during the Tampa Pride Parade in the Ybor City neighborhood on March 26, 2022 in Tampa, Florida. The Tampa Pride was held in the wake of the passage of Florida’s controversial “Don’t Say Gay” Bill.  Octavio Jones | Getty Images Florida Gov. Ron DeSantis on Monday signed legislation banning the […]

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