Lifestyle
42-year-old American pays $1,850 a month for a 3-bedroom apartment in Italy: ‘People actually use their vacation time here’
Back in 2003, I spent a semester in L’Aquila, Italy and fell in love with the country. That study abroad experience changed the trajectory of my life. Two years later, I returned to pursue my master’s degree in marketing management and communications at Bocconi University in Milan. Fashionable, fast-paced Milan was miles away from the […]
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The world’s best airport is building a mega terminal to ride the travel boom in Asia
Asia is set to see a travel boom, and countries in the region are gearing up to exploit this surge in demand. Singapore’s Changi Airport on Wednesday broke ground on its fifth terminal, which is expected to be operational in the mid-2030s. The new terminal, which sits on a plot of land 1,080 hectares large, […]
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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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‘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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Why Target is losing out against competitors Walmart and Costco
Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision […]
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Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia’s gross domestic product if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday. “We have a big, ambitious kind of goal, which is about 2 million tourists by 2030, which will be around a $4 billion contribution towards our GDP,” […]
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Indian airlines can’t fly over Pakistan. Here’s how that is affecting flights
Pakistan’s closure of its airspace to Indian airlines Thursday is forcing carriers to alter some routes that link India to Europe, North America, Central Asia and the Middle East. Indian carriers — including Air India, IndiGo, Akasa Air and SpiceJet — must now fly longer, and thus costlier, flights on some westbound routes. The detour […]
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Fewer Americans are planning summer vacations. Travel costs aren’t the top reason
Fewer Americans are planning to travel this summer, according to a survey by the consumer finance company Bankrate. Some 46% of respondents said they are planning a summer vacation this year — down from 53% in 2024. Of those who don’t intend to travel, nearly two-thirds (65%) said money was the main reason. However, it’s […]
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More travelers are using ‘buy now, pay later’ plans to pay for trips. Here’s when it may make sense
Kristin Herman said using a “buy now, pay later” service to pay for a last-minute trip to Miami felt like a lifesaver. She said the approval was quick, and there were no upfront costs — but she accidentally skipped a scheduled payment. “One missed reminder turned into fees,” she told CNBC Travel. Rane Teo, however, […]
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U.S. public schools brace for ‘fiscal cliff’ after surge in hiring meets budget shortfalls
Public schools across the United States are facing a financial reckoning in 2025 as federal pandemic relief funds expire and student enrollment continues to decline, according to data from the Georgetown Edunomics Lab. The funding crisis stems largely from the end of the Elementary and Secondary School Emergency Relief funds, which pumped billions of federal […]
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