When Lee Xian Jie first stepped foot in the traditional farmhouse located in Ryujin-mura, a village in Japan’s Wakayama prefecture, it was “quite rundown” — with floors so rickety they shook beneath him with every step he took. After all, the main structure of the abandoned home was 300 years old, Lee said. But when
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A perennial favorite among holidaymakers, Greece consistently ranks among the top 10 vacation destinations in Europe. But now it wants tourists to get to know lesser-known locations across its thousands of sprawling islands. “We’re moving beyond sea and sun. We want to prolong the tourism season in both time and space,” Olympia Anastasopoulou, secretary-general for
SPAIN – 2021/04/15: In this photo illustration, the Airbnb app seen displayed on a smartphone screen with the Airbnb website displayed on a laptop in the background. (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of Airbnb tumbled 10% Wednesday, a day after the company released
Amusement parks and road trips — this is this stuff many family vacations are made of. But a new survey shows parents increasingly want in on a trend that isn’t often aimed at families: wellness travel. A report published Thursday by the market intelligence company Morning Consult showed that parents, compared with others, showed
Activist investor Nelson Peltz has no intention of pursuing a shakeup at Club holding Estee Lauder (EL), in part because the prestige beauty firm’s dual-class share structure gives the Lauder family outsized control over the direction of the company, Jim Cramer said Monday . Jim’s comments came in response to a New York Post story
The World Travel & Tourism Council says the global travel and tourism sector won’t fully recover this year — but it will get close. The sector is forecast to reach $9.5 trillion in 2023, just 5% shy of the its gross domestic product contribution in 2019, according to the WTTC’s 2023 Economic Impact Research. After
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines lost $159 million in the first quarter as the
A United Airlines plane taxis at Newark Liberty International Airport, in Newark, New Jersey, on Jan. 11, 2023. Kena Betancur | AFP | Getty Images The Federal Aviation Administration has launched nearly 170 new flight routes that are shorter and faster, aiming to cut down on congestion in the eastern U.S. It’s part of a
Remote work during the pandemic has encouraged many to look at alternative ways of working — one movement that gained popularity was “work from anywhere,” or becoming a digital nomad. But Daniella Pashuk became a digital nomad five years ago, well before the pandemic when she was just 19. “I got into an online university
Tim Clark, Emirates president, says we “might” see one-pilot aircraft in the future. Tobias Schwarz | Afp | Getty Images As the aviation sector starts to embrace artificial intelligence, planes flying with just one pilot are a possibility, according to Emirates President Tim Clark. “You might see a one-pilot aircraft,” Clark told CNBC’s Hadley Gamble
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters American Airlines pilots have voted overwhelmingly to allow their labor union to call a strike while the carrier said talks for a new
A decade ago, a person who walked into a restaurant in Seoul and asked for “han myung-I” —a table for one — could be declined service. That’s because restaurants in South Korea prefer groups of two or more, owing to a complex mix of local social dynamics, profit margins and simple logistics — a
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on Dec. 10, 2021. Joe Raedle | Getty Images American Airlines posted a $10 million profit in the first quarter as it ramped up flying and a jump in revenue
In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT United Airlines Seatbacks Courtesy: United Airlines United Airlines‘ plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes,
In this article LUV BA Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing, the carrier’s CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a
EU officials described the agreement as a “turning point” and “another important step” for European aviation, saying the measures were designed to reduce reliance on fossil fuel imports and improve energy security. Picture Alliance | Picture Alliance | Getty Images European Union negotiators secured a deal to decarbonize the air travel sector, seeking to slash
In this article GE RTX BA Follow your favorite stocksCREATE FREE ACCOUNT Technicians assemble a General Electric Co. CFM56-7B jet engine at the company’s Aviation Assembly & Test facility in Research Triangle Park in Durham, North Carolina. Jim R. Rounds | Bloomberg | Getty Images A recovery in air travel is lifting sales and repairs
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland. Alex Wong | Getty Images Southwest Airlines briefly paused its departures on Tuesday after reporting technical problems, delaying flights around the country. The Federal Aviation Administration
The days of high-flying, big-spending business travel may be over for good. As a new report by research company Morning Consult declared: Business travel will never return to normal. Tighter corporate budgets and new ways of virtual working have permanently changed business travel, according to the report, titled “Business, but Not as Usual.” The report
In this article TCOM 9961-HK EXPE BKNG Follow your favorite stocksCREATE FREE ACCOUNT Busakorn Pongparnit | Moment | Getty Images The ability of ChatGPT to seize upon a specific, verifiable application in a focused business sector could go a long way to underscoring it as a monetizable asset. Current use cases for generative artificial intelligence
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