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China’s reopening brings both risks and opportunities, Asian Development Bank says

Andrew Bacevich -
China's reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC. Although...
Travel

Delta expects 2023 earnings to nearly double thanks to ‘robust’ travel demand

Andrew Bacevich -
Delta Air Lines says the travel boom isn't over.The airline expects its adjusted earnings to nearly double to as much as $6 per...
Travel

What do hotel ‘star’ ratings really mean? Here’s a breakdown

Andrew Bacevich -
Ever notice that a single hotel can be rated three, four and even five stars?That's the case with Singapore's iconic Marina Bay Sands,...
Travel

Hotel prices and airfare decline as travel demand cools after summer surge

Andrew Bacevich -
The pool at Turtle Bay Resort on Oahu's North Shore.Amanda Macias | CNBCConsumer prices for hotels, motels and other lodging dropped nearly 5%...
Travel

Boeing’s last 747 has rolled out of the factory after a more than 50-year production run

Andrew Bacevich -
Boeing's last 747 aircraft, #1574, at its factory in Everett, Washington.Leslie Josephs | CNBCEVERETT, Wash. − Boeing's final 747 rolled out of the...
Travel

Inflation has peaked — but it’s not returning to pre-Covid levels in 2023, Mastercard says

Andrew Bacevich -
Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for Asia-Pacific, Middle East and...
Travel

Brits told to rethink Christmas plans with strikes set to hit flights and train travel

Andrew Bacevich -
A train makes its way through the snow in Penistone, South Yorkshire, in March 2022. Passengers face Christmas travel disruption as workers strike...
Travel

United Arab Emirates is ranked as having the best passport in the world

Andrew Bacevich -
A traveler passes through immigration control by walking through a "smart tunnel " at Dubai International Airport.GIUSEPPE CACACE/AFPDUBAI, United Arab Emirates — The...
Travel

The easiest way to travel full time? See what a 28-year-old paid for an apartment on a cruise ship

Andrew Bacevich -
Austin Wells loves to travel the world.But he doesn't like long flights, jet lag or an unsettled routine.And that's why, Wells, who is...
Travel

Airlines will return to profitability in 2023 after three-year slump, industry body says

Andrew Bacevich -
The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic,...
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