Travel
We think the summer is going to be gangbusters for travel demand, says Marriott CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tony Capuano, Marriott CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, whether global travel recovery will be sustained despite inflationary pressures and how strong business travel will be this summer. Source
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Lyft’s John Zimmer on earnings: Q2 is an opportunity to kick start growth
John Zimmer, president and co-founder of Lyft, joins CNBC’s ‘Squawk Box’ to break down the ride-hailing company’s latest quarterly earnings report, which sent shares of the company lower in premarket trading. Source
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Miami hosts its first F1 Grand Prix this weekend, and thousands of fans are spending a ton just to be in town
Tickets to this weekend’s Formula 1 Grand Prix in Miami are selling for thousands of dollars a piece, as surging U.S. interest and the global wealthy drive up prices for a weekend of high-speed excess. More than 300,000 race fans, tourists, executives and party-goers are expected to pour into Miami for the event, sponsored by […]
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There was a ‘big rebound’ in leisure travel after omicron wave ebbed, says Indian hospitality company
Kavinder Singh of Mahindra Holidays & Resorts India discusses the pent-up demand in the travel industry. Source
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Southwest to offer free Wi-Fi on some flights as it tests service upgrades
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines will temporarily offer travelers free Wi-Fi on certain flights starting this week, part of a test to bring faster internet to more customers. The carrier has outfitted 40 of its Boeing 737s with upgraded hardware for its Wi-Fi service, according to a memo to employees sent […]
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MGM can go up 26% from here as convention business recovers, JPMorgan says
Shares of MGM Resorts International could rally as tourism and business conventions return to Las Vegas, according to JPMorgan. Source
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What’s the best hotel for business travel? Take CNBC’s survey and tell us your favorite
Business people are getting out and about again. And they’re looking for places to stay. More people are traveling for business meetings and industry events now than at any time in the past two years. A full recovery may be a couple years away, but Deloitte is forecasting 55% of business travel will be back […]
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Why solo female travelers are joining group tours
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country where I don’t speak the language. Administrative matters — such as Covid tests, vaccination certificates and health declarations — would be […]
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Expedia shares rise after beating revenue estimates
Seema Mody reports Expedia’s latest earnings. Source
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Airlines’ summer challenge: Finding spare seats for travelers when things go wrong
Airline passengers, some not wearing face masks following the end of Covid-19 public transportation rules, sit during a American Airlines flight operated by SkyWest Airlines from Los Angeles International Airport (LAX) in California to Denver, Colorado on April 19, 2022. Patrick T. Fallon | AFP | Getty Images Airlines that once touted globe-spanning destinations, promising […]
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