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Asia is leading the way in travel recovery: Booking Holdings’ Agoda

SINGAPORE – Travel is recovering more quickly in Asia than in the West — but its the domestic market that’s driving that recovery, an online travel agency told CNBC this week. “Asia is generally leading the way,” said John Brown, chief executive of Agoda, a subsidiary of American online travel firm Booking Holdings. “We’ve seen …

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Travel stocks are vulnerable Thanksgiving week, with CDC warning

The travel trade is in trouble. Airline, hotel and cruise line stocks slid on Friday ahead of Thanksgiving week after the CDC issued a warning on traveling for the holiday amid climbing Covid case counts. Expedia data released before the CDC’s announcement showed 60% of U.S. consumers said they would not be traveling for Thanksgiving. …

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Singapore-Hong Kong travel bubble continues as Hong Kong Covid cases rise

Singapore Airlines crew members at Changi International Airport in Singapore on Oct. 24, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore and Hong Kong will go ahead with their air travel arrangements on Sunday as planned, but there will be additional precautionary measures imposed as new coronavirus cases in Hong Kong rise. …

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Airbnb IPO comes as some see a post-Covid return to hotels

Airbnb is hoping to capitalize on the growing popularity of home rentals during the coronavirus pandemic with its $3 billion initial public offering, but the sun may be setting soon. A key question is whether travelers will continue to book short-term home rentals or return to hotels as the health crisis improves. While home rental …

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Hong Kong-Singapore travel bubble sparks plans for more across Asia

SINGAPORE — The world will be watching closely to see if the quarantine-free travel bubble between Singapore and Hong Kong will succeed, according to one of the region’s major travel operators Klook. “All eyes are on this bubble, making sure that it’s going to get pulled off,” Eric Gnock Fah, co-founder and chief operating officer …

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Emirates eyes return to profitability in 2022 as new travel corridors open

An Emirates Airbus 380-800 about to land. Fabrizio Gandolfo | SOPA Images | LightRocket | Getty Images Emirates expects to return to profitability in the next two years, as new travel corridors open and the global aviation industry attempts to rebound from the worst crisis in its history.  “I believe that within the next 18 …

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Singapore and Hong Kong to start ‘travel bubble’ flights on Nov. 22

A Boeing 777-312(ER) passenger plane belonging to the Singapore Airlines lands at Hong Kong International Airport on August 01 2018 in Hong Kong, Hong Kong. S3studio | Getty Images News | Getty Images SINGAPORE — Quarantine-free leisure travel between Hong Kong and Singapore will resume on Nov. 22, according to details of a bilateral air …

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Boeing reports more 737 Max cancelations as FAA review nears end

An employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, January 10, 2020. Lindsey Wasson | Reuters Boeing on Tuesday reported more cancellations of its beleaguered 737 Max jets, just as regulators wrap up their review of the planes following two fatal crashes. The aircraft manufacturer …

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