News

Alphabet CEO, Larry Page.  Emmanuel Dunand | AFP | GettyImages Larry Page, the billionaire Google co-founder, has been granted residency in New Zealand and spent time in the country during the coronavirus pandemic, the New Zealand government confirmed to CNBC Friday. Page, 48, applied for New Zealand residence in November 2020 via the nation’s “Investor

In this article SAVE People wait in line at a Spirit Airlines counter, at the George Bush Intercontinental Airport, on Aug. 5, 2021 in Houston, Texas. Brandon Bell | Getty Images The causes of Spirit Airlines‘ massive flight cancellations that derailed the summer vacations of tens of thousands of customers this week have been brewing

In this article MGP VICI MGM Resorts International President and CEO Bill Hornbuckle is interviewed during the launch of the 100-megawatt MGM Resorts Mega Solar Array, the hospitality industry’s largest directly sourced renewable electricity project in the world on June 28, 2021 in Dry Lake Valley, Nevada. Gabe Ginsberg | Getty Images Real estate investment

Police officers on patrol at the Opera House on July 11, 2021 in Sydney, Australia. James D. Morgan | Getty Images More Australians need to be vaccinated before the country sets up travel bubbles and lets international students in. Australia has closed its doors to the outside world since March 2020, and even barred its

American Airlines airplanes stand at passenger gates at Dallas/Fort Worth International Airport (DFW) near Dallas, Texas. Patrick T. Fallon | Bloomberg | Getty Images American Airlines passengers faced hundreds of cancellations and delays on Monday, as the carrier struggled to recover from disruptions caused by severe thunderstorms that swept through its Dallas/Fort Worth International hub.

In this article SAVE Spirit Airlines CEO Ted Christie told CNBC on Friday that he’s urging all passengers and employees to get Covid shots, even though the low-cost carrier has no plans to implement vaccine requirements. “Rising case counts with regard to the delta variant obviously is a concern for everybody,” Christie said on “Squawk Box.” The

Alexander Spatari | Moment | Getty Images You’ll probably have to use cryptocurrency to pay off that ransomware hacker who froze your laptop, but where else might you put all your bitcoin, ethereum and other digital coins to actual use? Tesla may still be unsure about accepting bitcoin for its electric vehicles again, yet cryptocurrency

In an aerial view, the Royal Caribbean Freedom of the Seas (L) prepares to set sail from Port Miami during the first U.S. trial cruise testing COVID-19 protocols on June 20, 2021 in Miami, Florida. Joe Raedle | Getty Images Royal Caribbean Cruises shares fell more than 4% Friday after six passengers on board its

In this article AAL LUV Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nishimura | Los Angeles Times | Getty Images Verbal attacks. Seat kicking. Throwing trash at crew. Those are some of the incidents

People move through LaGuardia Airport (LGA) before the start of the Fourth of July weekend on July 02, 2021 in New York City. Spencer Platt | Getty Images Air travel consumer groups want Transportation Secretary Pete Buttigieg to take a harder stance on U.S. airlines. During a virtual meeting Tuesday, the groups asked the Transportation Department

In this article AIR-NZ Travelers who are on the fence about flying again may want to check out a new list of the world’s best airlines. The airline safety website AirlineRatings.com published its list of “Top Airlines in the World,” which traditionally ranks carriers by safety, in-flight service, passenger comfort and flight routes. But this

In this article UAL A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Tuesday reported higher second-quarter revenue and narrowed its losses thanks to a resurgence in air travel, the latest carrier to issue a

Workers carry a scaffolding on “Paradise” beach in the Greek Cycladic island of Mykonos in 2020. The island is traditionally crowded with wealthy foreigners but turned into a ghost island last year. ARIS MESSINIS | AFP | Getty Images During the Covid-19 pandemic, perhaps no other industry has been harder hit than the global travel

In this article AAL LUV An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines on Thursday posted a profit for the second quarter, getting a lift from federal aid and a surge in travel demand. The Fort Worth-based carrier reported net

Even with boat sales and charters booming, yachting remains an enigma for most people. CNBC spoke with several yacht owners who agreed to answer all questions — with no topics off limits — about the yachting lifestyle and perhaps more importantly, how much it costs.    The owners Nim and Fabiola Hirschhorn are in the

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

A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters Shares of United Airlines gained more than 4% on Wednesday morning after the carrier forecast that the rebound in travel demand will continue in the coming months. United reported its sixth

Revolut’s new travel booking feature, Stays. Revolut LONDON — European fintech giant Revolut is jumping into the travel industry. The London-based firm launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app. Customers can receive up to 10% cashback on bookings made through Revolut, the company said.

A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters The Centers for Disease Control and Prevention on Monday said to “avoid travel” to the UK as the delta Covid-19 variant continues to spread. The warning is

In this article ABNB EXPE 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