Is a recession brewing in row 33? Airline CEOs this month warned Wall Street that passengers’ appetite for domestic trips is coming in lighter than they had hoped when they set forecasts high at the start of 2025. On a series of earnings calls, they said the reasons range from President Donald Trump’s whipsawing tariff […]
Plane tickets are getting cheaper as domestic travel demand weakens Read More »
Caroline Smith, an accounting director from Verona, New Jersey, and her husband took their two children to Italy for Easter break this month. On the Spanish Steps in Rome, they ran into another family from their town. Two other families from the same area were also independently visiting Italy at the same time, she said.
International tourism to the U.S. slumps, but Americans can't stop traveling overseas Read More »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Lee Ngor Houai, Ascott COO for EMEA, South Asia, and China, discusses the company’s plan to expand its portfolio in India to 12,000 units by 2028, with limited supply providing ample room for growth. He remains optimistic about India’s growth prospects, driven
Ascott plans to double India portfolio, says limited supply provides room for growth Read More »
Kristin Herman said using a “buy now, pay later” service to pay for a last-minute trip to Miami felt like a lifesaver. She said the approval was quick, and there were no upfront costs â but she accidentally skipped a scheduled payment. “One missed reminder turned into fees,” she told CNBC Travel. Rane Teo, however,
New York City’s $9 congestion toll on drivers in Manhattan’s busiest areas will remain in effect, despite the federal government’s Sunday deadline to scrap the program. In a statement on the deadline, a spokesperson for New York Gov. Kathy Hochul said, “The program is working. Traffic is down, business is up and the cameras are
Inexpensive hotels and swaying palm trees have long attracted travelers to Southeast Asia, but Singapore is doubling down on a different strategy â focusing on increasing tourism receipts instead of traveler arrivals. Officials on Friday outlined a plan to increase tourism revenue in the city-state from a record-breaking $29.8 billion in 2024 to $47 billion-$50
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Phil LeBeau joins ‘Squawk on the Street’ with the latest news from the airlines sector. 03:18 Wed, Apr 16 202511:13 AM EDT Source link
United Airlines tops Q1 estimates, reduces domestic capacity Read More »
American Airlines plans to offer Wi-Fi for free starting in January as more carriers opt for complimentary internet service for their loyalty program members, increasing pressure on holdouts. The free Wi-Fi will be sponsored by AT&T and is available for members of American Airlines’ AAdvantage loyalty program, the airline said Tuesday. Read more CNBC airline
American Airlines to make Wi-Fi free on most of its fleet in 2026 Read More »
Frontier Airlines joined Delta Air Lines in pulling its full-year outlook and cutting flights due to a drop in demand and an “uncertain environment.” The budget airline also lowered its first-quarter outlook. Frontier said its revenue growth likely rose 5% in the first quarter, with capacity up 5% over last year. “Revenue growth is anticipated
Frontier Airlines cuts flights after travel demand fell in March Read More »
A sightseeing helicopter crashed into the Hudson River off of Manhattan Thursday, killing all six people on board. It was the deadliest helicopter crash around New York City in years. Agustin Escobar, the CEO of rail infrastructure at Siemens Mobility, his wife and three children, all visiting from Europe, and the pilot of the helicopter
Helicopter crashes in Hudson River off of Manhattan, killing all 6 aboard Read More »
