Travel
Hilton CEO on opening 150+ hotels: It’ll be a really, really good year again
Chris Nassetta, Hilton Worldwide CEO, joins ‘Squawk on the Street’ to discuss Hilton’s demand picture, the impact of tariffs and much more. Source
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IATA’s 2025 Global Outlook sees increases to profitability
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The International Air Transport Association (IATA) announced it’s revised financial outlook for 2025. IATA’s Director-General Willie Walsh, joins CNBC’s Monica Pitrelli in New Delhi, to discuss the updated forecast. Source
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Global airlines to address trade war, net-zero uncertainties at annual summit
Willie Walsh, CEO of the International Airlines Group Simon Dawson | Bloomberg | Getty Images An unpredictable trade war and daunting environmental targets are on the agenda for global airline bosses at an annual summit in India, as the industry addresses concerns that geopolitical uncertainty will dent strong travel demand and raise costs. More people […]
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Safer to stay home? European firms rethink travel policy over U.S. border control concerns
U.S. Customs and Border Protection in Newark Liberty International Airport. Nicolas Economou/NurPhoto via Getty Images Some European companies are growing wary about sending their employees to the U.S. It comes amid volatile policymaking by the Trump administration, more stringent immigration checks, and an uptick in reports of detentions and deportations. Some businesses CNBC spoke to, […]
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Travelers are taking ‘a more frugal approach’ to summer vacations this year, expert says
Klaus Vedfelt | Digitalvision | Getty Images Earlier this spring, consumers were feeling good about their summer vacation prospects. More people were planning to take a trip compared to last year, and summer travel budgets were up, too, according to a new report from Deloitte. But just a few weeks later — after President Donald […]
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Hamptons summer rentals down 30% compared to last year
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Robert Frank joins ‘Squawk on the Street’ to discuss why rentals in the Hamptons are piling up. 04:25 8 minutes ago Robert Frank Source
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Caviar and privacy: Airlines’ business-class wars are here
American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature […]
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The trade war is rattling global business travel — 4 charts show how
Optimism in the global business travel sector has dropped by more than half this year, according to a report published by the Global Business Travel Association. Positive sentiment fell from 67% in November 2024 to 31% in April 2025, according to the report which surveyed more than 900 business travel professionals on the affect of […]
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International travel spending in the U.S. plummets
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Contessa Brewer joins ‘Squawk on the Street’ to discuss why international travel in the U.S. has declined while tourism oversees is booming. 01:55 Thu, May 29 202511:22 AM EDT Source
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Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing Co. 737 Max fuselages at the company’s manufacturing facility in Renton, Washington, on April 15, 2025. Bloomberg | Bloomberg | Getty Images Boeing‘s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact […]
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