Travel
Airbnb is closing its domestic business in China, sources say
Nathan Blecharczyk, co-founder and chief strategy officer of Airbnb Inc., speaks during a news conference in Tokyo, Japan, on Thursday, June 6, 2019. Akio Kon | Bloomberg | Getty Images Airbnb is closing its domestic business in China, according to two sources familiar with the matter. The company is planning to tell employees in the […]
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Four ‘dream jobs’ for people who love to travel
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an office for that matter — isn’t an option. A year of travel Name: Sebastian ModakJob: Former New York Times “52 Places […]
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The grand ‘work from anywhere’ experiment got a few things wrong. Here’s how companies are fixing it.
Monday was supposed to mark another milestone for Apple in its effort to bring workers back to the office. The plan — which called for Mondays, Tuesdays and Thursdays to be mandatory days in the office —was scrapped once again as Covid infections tick upward. Apple’s fixed schedule had been met with widespread opposition by […]
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These 10 companies help pay for their employees’ vacations
Michelle and Jeremy Warren’s recent trip to the Galapagos Islands was paid for, in part, by her company, FullContact. Michelle Warren When Michelle Warren traveled to the Galapagos Islands for 10 days this spring, her bosses helped foot the bill. It’s one of the many benefits offered by her employer, Denver-based tech company FullContact. Warren’s […]
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The release of pent-up demand in the travel industry is still underway, says Mastercard
David Mann of the Mastercard Economics Institute discusses the findings from its latest travel report. Source
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Gas prices just hit a new record high. Here are a few ways to cut down the cost
As the summer driving season nears, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Thursday, according to AAA. For the first time ever, the average price was $4 per gallon or above in all 50 states this week, AAA data shows. Last year at […]
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Spirit Airlines urges shareholders to reject JetBlue’s tender offer
A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver, Colorado, U.S., on Monday, Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Spirit Airlines’ board on Thursday urged its shareholders to reject JetBlue Airways’ hostile takeover attempt, citing regulatory hurdles and accusing the airline of trying to derail its planned […]
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For the first time since the pandemic, leisure and business flights surpass 2019 levels
For the first time since the start of the pandemic, global leisure and business flights have risen to levels not seen since 2019. That’s according to the Mastercard Economics Institute’s third annual travel report, titled “Travel 2022: Trends & Transitions,” published yesterday. After analyzing 37 global markets, the report found that cross-border travel reached pre-pandemic […]
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Singapore Airlines narrows annual loss, says outlook is improving
Singapore Airlines on Wednesday posted a narrower annual loss of S$962 million ($694.08 million), at a time when demand remained low due to the pandemic, but said the outlook was improving as travel restrictions were lifted. SIA’s loss in the 12 months ended on March 31, its third consecutive year in the red, was an […]
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Singapore Airlines has a ‘first mover advantage’ thanks to the country’s reopening: Industry expert
Greg Waldron, Asia managing editor of FlightGlobal, discusses the airline’s “dramatic” improvement in earnings. Source
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