John Colantuoni, internet equity research analyst at Jefferies, joins CNBC’s Kelly Evans to talk about the online travel companies and his outlook for the broader travel sector.
Travel industry may see growth ‘roughly cut in half,’ says Jefferies analyst
Travel
Uber not in active bid talks with Expedia
CNBC’s Deirdre Bosa reports on news from Uber and Expedia. Source
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Travel
Acquiring Expedia would be a ‘major strategic home run’ for Uber, says Wedbush’s Dan Ives
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dan Ives, Wedbush Securities managing partner, joins ‘Squawk Box’ to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more. Source
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Travel
Hyatt CEO: US travel to China has dropped off sharply
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Hoplamazian, CEO of Hyatt, discusses the hotel giant’s business in China, amid changing travel trends and a closely-watched US presidential election. Source
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