The top gift to give this season? Travel— if you can figure out how

The top gift to give this season? Travel— if you can figure out how

Forget the headphones, the fuzzy slippers and the espresso machine that cranks out a cold brew. Globally, three out of four Gen Zs and millennials said that rather than a physical gift, they want a fun experience or trip this holiday season, according to an Amex Trendex survey. Gift givers are listening too. Half of … Read more

Cruise lines are ‘having a moment’ as a cheaper alternative to hotels

Cruise lines are ‘having a moment’ as a cheaper alternative to hotels

Royal Caribbean’s “Icon of the Seas,” billed as the world’s largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024. Marco Bello | Afp | Getty Images The demand for cruises is still going strong — and it doesn’t appear to be letting up anytime … Read more

Apple and Google wallets want to make hotel room key card obsolete

Apple and Google wallets want to make hotel room key card obsolete

Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During the pandemic, touch was taboo, so touchless trends accelerated. And cybersecurity concerns have mounted around hotel key technology. Earlier this year, researchers found a vulnerability in … Read more

Watch CNBC’s full interview with Hyatt CEO Mark Hoplamazian

Watch CNBC’s full interview with Hyatt CEO Mark Hoplamazian

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hyatt CEO Mark Hoplamazian joins ‘Money Movers’ to discuss their plans to acquire Standard International, the parent company of the Standard and Bunkhouse Hotels brands, and what this acquisition means for Hyatt. Read original article here Denial of responsibility! Pioneer Newz is … Read more

Travelers are finally cracking under the pressure of high costs

Travelers are finally cracking under the pressure of high costs

During the second-quarter earnings period, many companies signaled travel demand is expected to drop in 2024. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to … Read more

Morgan Stanley’s top travel stocks this summer

Morgan Stanley’s top travel stocks this summer

Americans might be watching their spending amid persistent inflation, but it’s not deterring many of them from traveling this summer — especially those with higher incomes. Morgan Stanley and AlphaWise polled about 2,000 U.S. consumers in May and found that 60% of consumers are preparing to take a summer trip. Among consumers who earn between … Read more

Travel companies use ChatGPT for complaints, negative online reviews

Travel companies use ChatGPT for complaints, negative online reviews

Responding to angry customers is one of the hardest parts of her job, Natasha said. Finding the right words, conveying the appropriate level of contrition — especially when the hotel isn’t at fault (read: rain complaints) — is a tedious and time-consuming process, said the director of a five-star resort, who asked that CNBC not … Read more

Here’s why owning a timeshare may not be worth it

Here’s why owning a timeshare may not be worth it

Timeshares have become increasingly common — and expensive. About 10 million U.S. households own a timeshare, and the average price of one of these vacation homes rose to $23,940 in 2023, a more than 30% increase since 2018, according to the American Resort Development Association. While the industry has grown more popular, it has come … Read more