SINGAPORE â Travel is recovering more quickly in Asia than in the West â 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 …
Asia is leading the way in travel recovery: Booking Holdings’ Agoda Read More »
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. …
Travel stocks are vulnerable Thanksgiving week, with CDC warning Read More »
Singapore Airlines crew members at Changi International Airport in Singapore on Oct. 24, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE â 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. …
Singapore-Hong Kong travel bubble continues as Hong Kong Covid cases rise Read More »
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 …
Airbnb IPO comes as some see a post-Covid return to hotels Read More »
Founder & President of PKFare Jason Song, Co-founder and Chief Business Officer of PingPong Payments Ning Wang speak during Day 2 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 18, 2020 in Nansha, Guangzhou, China. Zhong Zhi | Getty Images The coronavirus pandemic has forced industries to rethink how they …
SINGAPORE â 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 …
Hong Kong-Singapore travel bubble sparks plans for more across Asia Read More »
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 …
Emirates eyes return to profitability in 2022 as new travel corridors open Read More »
JetBlue planes at a gate at John F. Kennedy International Airport in New York. Mark Kauzlarich | Bloomberg | Getty Images Get ready to fight over the armrest again. JetBlue Airways on Thursday said it will sell all seats on its flights starting Jan. 8. It is the latest carrier to cite advanced filtration systems …
JetBlue to stop blocking seats on board in January Read More »
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 â Quarantine-free leisure travel between Hong Kong and Singapore will resume on Nov. 22, according to details of a bilateral air …
Singapore and Hong Kong to start ‘travel bubble’ flights on Nov. 22 Read More »
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 …
Boeing reports more 737 Max cancelations as FAA review nears end Read More »