US travel to China has dropped off sharply

US travel to China has dropped off sharply

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Hoplamazian, CEO of Hyatt, discusses the hotel giant’s business in China, amid changing travel trends and a closely-watched US presidential election. 03:08 Wed, Oct 16 202411:43 PM EDT Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator … 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

Travel is too expensive now — travel demand falls under cost concerns

Travel is too expensive now — travel demand falls under cost concerns

Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. … 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

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