Airbnb announced a handful of updates to its platform on Wednesday, with CEO Brian Chesky billing it as “the biggest change to Airbnb in a decade.” The features, announced during its virtual summer event, include a new way to search, the option to split stays between homes and additional guest protections. The updated app and […]

You might think a large country like the United States is the most visited in the world, but you’d be wrong — France takes that honor. About 90 million international visitors traveled there in 2019, and tourism makes up 8% of the country’s gross domestic product, according to the French ministry of foreign affairs. As […]

“Reflation” trades are resurfacing. Travel and leisure stocks have picked up steam this month, with exchange-traded funds such as Invesco’s Dynamic Leisure and Entertainment ETF (PEJ), the U.S. Global Jets ETF (JETS) and AdvisorShares’ Hotel ETF (BEDZ) all moving sharply higher. The action is as much tied to diversification as it is to soon-to-come warm […]

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultra-low airfares. Their executives vow to keep it that way, even if the carriers complete their […]

Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York City, U.S., December 9, 2021. Brendan McDermid | Reuters Southwest Airlines‘ new CEO, Bob Jordan, has taken on the task of guiding the carrier out of the Covid pandemic after two […]

martin-dm | E+ | Getty Images When Covid-19 hit early last year and most travel ground to halt worldwide, would-be vacationers scrambled to get refunds from hotels, airlines, cruise lines and other travel suppliers — or to file travel insurance claims for canceled trips. They often hit a wall on both fronts. Suppliers struggled, or […]

Airbnb received a rare double upgrade to a buy rating from Gordon Haskett this week. The firm sees improving trends, particularly in Europe, as a boon for the vacation-rental stock. But Airbnb has languished this year in comparison to fast growing challenger Expedia, which owns competitor VRBO. Airbnb stock has fallen 2% in 2021, while […]

ljubaphoto | E+ | Getty Images Like much of the travel and hospitality industry, travel agents took a huge hit when the pandemic struck in March 2020. However, after months of struggle and setbacks, a potential silver lining has emerged: Travel advisors’ effective advocacy for clients stranded or stymied during the global lockdown has now […]