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Wyndham CEO Geoff Ballotti: Strong demand drivers paint positive picture for the industry
Geoff Ballotti, Wyndham Hotels & Resorts CEO, joins ‘Squawk Box’ to discuss the launch of a new franchise offering for independent hoteliers in the economy lifestyle segment, state of the travel and the consumer, and more. Source
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Why casino stocks are pulling back
CNBC’s Contessa Brewer reports on the action in casino stocks. Source
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‘Common sense will prevail’: Bombardier CEO on U.S. tariffs and U.S.-Canada trade spat
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Éric Martel, President and CEO of Bombardier, speaks to CNBC’s Monica Pitrelli at the sidelines of the Milken Asia Summit. He reiterates that the company’s flagship jet, the ‘Global 8000’ is on track to hit the markets in 2025 and adds that […]
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Why private investors are pouring billions into Europe’s defense tech sector
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Venture capital investment in European deep tech defense, security and resilience startups has grown from $159 million in 2014 to $5.2 billion in 2024 – a 32-fold increase in just a decade, according to the NATO Innovation Fund. So, why are investors […]
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Travel companies using AI could help them become big winners, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins ‘Closing Bell’ to discuss the govt. shutdown’s impact on travel, which stocks is one of Evercore’s top picks and much more. Source
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Tourism hit hard by government shutdown: Here’s what to know
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Contessa Brewer joins ‘Squawk on the Street’ to discuss the impact of the government shutdown on the tourism industry. 03:27 an hour ago Contessa Brewer Source
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Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Erica Tay, economist at Maybank Investment Banking Group, discusses how “holiday stringing” would impact Chinese domestic and outbound tourism during the Golden Week holiday, and why she’s not overly concerned about unemployment in China being at a 6-month high. Source
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Hertz will let customers do almost entire car buying process online
Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a trade-in offer and do just about everything else a customer would need to buy a vehicle. The move is a significant step for Hertz’s online retail presence. Previously, the company’s HertzCarSales.com website had only offered […]
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Trade is the leading indicator for business aviation demand: VistaJet
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Thomas Flohr, Founder and Chairman of VistaJet, discusses the growing demand for business aviation routes connecting Asia, the Middle East, and America. This boom is largely driven by international trade agreements and increased economic activity across these regions. Source
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AI is absolutely an opportunity in travel industry, says Expedia CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Arian Gorin, Expedia CEO, joins CNBC’s Contessa Brewer to discuss how AI is impacting the travel industry, growth expectations, and much more. 05:12 Thu, Sep 18 20252:31 PM EDT Source
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