Peter Kern, Expedia Group vice chairman and CEO, joins ‘Squawk on the Street’ to discuss insights into booking data from Expedia in July, whether airline travel disruptions will ease soon, and more.
The trends are pretty strong in travel with no view of weakening, says Expedia CEO
Travel
‘Coolcations’ are booming again as tourists prioritize quieter, off-peak trips
Tourists are booking cooler, quieter and less crowded vacations this year, pivoting away from Europe’s traditional summer hotspots amid growing concerns over blistering heat and raging wildfires. The trend reaffirms the phenomenon of so-called “coolcations” — a portmanteau of “cool” and “vacation,” which refers to tourists seeking cooler climes instead of a hot, peak-summer destination. […]
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Travel
Air Canada suspends third-quarter and full-year guidance following ‘unlawful’ strike
Air Canada Boeing 777-300ER passenger aircraft spotted flying on final approach for landing on the runway of Athens International Airport Eleftherios Venizelos at the Greek capital. Nicolas Economou | Nurphoto | Getty Images Air Canada is suspending its guidance for third-quarter and full-year operating results after the union defied back-to-work orders, which further halted the […]
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Travel
Tokyo tops the list for 2025’s best ‘workcation’ destinations in the world
Japan’s capital Tokyo has topped the list as the world’s best city for a “workcation,” according to a 2025 report by International Workplace Group (IWG), a flexible and hybrid workspace operator. The results are part of IWG’s third annual “Work from Anywhere Barometer,” which ranks the top workcation cities globally — or where travelers can […]
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