[ad_1] The pool at Turtle Bay Resort on Oahu’s North Shore. Amanda Macias | CNBC Consumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the latest government inflation report, a sign that soaring travel demand has lost some momentum from the summer. …
Read More »Walmart, JPMorgan, GM CEOs talk about possible slowdown
[ad_1] General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Images As 2023 approaches and the prospect of a recession looms, corporate America …
Read More »United CEO says business travel has ‘plateaued’ but revenue is still rising
[ad_1] United Airlines Boeing 787-9 Dreamliner landing in London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images Business travel demand has “plateaued” but revenue continues to rise thanks to strong demand and capacity constraints, United Airlines CEO Scott Kirby told CNBC on Tuesday. Major companies, …
Read More »Why cheap airfare is so hard to find this year
[ad_1] United’s check-in area at Washington Dulles International Airport. Leslie Josephs | CNBC Cheap airfares are hard to find, and it might not get much easier in 2023. Between staffing shortages, aircraft delays and airlines’ conservative schedules after costly travel meltdowns, available seats are limited. Airlines are also passing along …
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