Travel
London’s Heathrow airport extends passenger limits until late October as travel strains continue into the fall
Passengers wearing face masks as a preventive measure against the spread of coronavirus arrive at Heathrow Airport Terminal 2 in London, August 3,, 2021. Tejas Sandhu | SOPA Images | LightRocket | Getty Images London Heathrow airport has extended limits on departing passengers through late October to avoid travel chaos as Britain’s busiest hub grapples […]
Read More
China’s domestic tourism is on track to bounce back from pandemic lows, says Fitch Ratings
China’s domestic tourism — a key indicator of retail spending — is on track to make a comeback after dipping to an all-time low during the nation’s worst lockdowns, according to official data and analysts. Since the mainland’s biggest lockdown in Shanghai ended in late May, the increase in holiday bookings has indicated that tourism […]
Read More
Rosenblatt’s Barton Crockett breaks down the theme-park trade
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Exchange Barton Crockett, Rosenblatt Securities senior analyst, joins ‘The Exchange’ to discuss consumer spending with summer travel to theme parks. 04:53 an hour ago Source
Read More
Even airline employees are having trouble finding a seat home from Europe this summer
International passengers walk through the arrivals area at Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images Airlines want people to take a European vacation this summer — as along it’s not their employees. Carriers are discouraging their staff from using their employee perks […]
Read More
Here’s why Indians have the highest confidence to travel in Asia-Pacific
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In a new survey of 11,000 people in Asia-Pacific by Booking.com, Indian respondents far exceeded regional averages in terms of their likelihood to travel and their willingness to accept travel disruptions and delays, CNBC’s Monica Pitrelli reports. Source
Read More
This Chinese province set a 9% GDP target — but then it locked down
Sanya, on the southern coast of Hainan, was the top destination for couples flying from three of China’s largest cities last week for China’s version of Valentine’s Day, according to booking site Trip.com. Lucas Schifres | Getty Images News | Getty Images BEIJING — China’s tourist-heavy province of Hainan is falling further behind lofty growth […]
Read More
How do people in Asia-Pacific feel about travel right now? It depends on where they live
For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, according to a new survey commissioned by the travel website Booking.com. Some 11,000 people in the region were polled about their comfort levels and concerns, […]
Read More
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. July’s soft PPI is welcome news for growth stocks Disney just crushed it Quick mentions: QCOM, AAPL, DIS, AMZN We need to be nimble in oil 1. July’s soft PPI […]
Read More
No more $10 flights: Budget airline Ryanair says ticket prices will have to rise
Ryanair is well-known for its low-price flash sales, but CEO Michael O’Leary says super cheap flights are unsustainable in the current climate. Nicolas Maeterlinck | AFP | Getty Images The CEO of Ryanair, Europe’s biggest airline by passenger numbers, says the era of super cheap air travel is over. “I don’t think there are going […]
Read More
Airfares, hotel rates and rental car prices fell in July. Here’s how you can score a good deal
Fluxfactory | E+ | Getty Images Travelers saw prices fall for big-ticket pieces of their vacation budgets in July, offering at least a temporary reprieve after soaring costs earlier this year. Airfares fell nearly 8% from June to July, while prices for rental cars and lodging like hotels declined 9.5% and about 3%, respectively, according […]
Read More