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Sonya Carp and her husband own two short-term rental properties in Florida, and they have decided to list one for sale as a result of the coronavirus pandemic. Courtesy of Sonya Carp Consolidation is hitting the market for short-term home rentals as the coronavirus pandemic has curtailed travel dramatically this year. Small landlords and venture-backed
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We yearn for positive travel news these days. And in a day and age when headlines dominate, who has time to read the fine print? Here are four popular travel stories from the past two months where details were later clarified that made the original headlines substantially less impressive than they originally seemed. 1. Japan
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1. Dow to surge on coronavirus vaccine hopes Dow futures were pointing to an over 600-point gain at Tuesday’s open to begin the holiday-shortened trading week as investors bet on the economy reopening and a coronavirus vaccine breakthrough. Shares of Novavax were soaring about 20% in Tuesday’s premarket after the Maryland-based biotech announced the start of
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Hero Images | Getty Images Traditionally, parents pay a premium so their children can play capture the flag, drink bug juice and swim in a lake through August. This year, of course, summer camp looks very different. Amid the coronavirus crisis, many camps have cancelled their summer sessions, others have moved online and a few
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Airline stocks are getting a lift on signs demand is starting to pick up. Southwest and United are both up about 20% over the past week. Investors are watching the Southwest annual meeting for comments from executives that could shed more light on the rebound in bookings. CNBC’s Phil LeBeau reports. 03:32 13 minutes ago
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United Airlines president Scott Kirby speaking in Chicago, Illinois, June 5, 2019. Kamil Krzaczynski | Reuters United Airlines‘ incoming CEO Scott Kirby doesn’t mince words. “It’s far better to be too aggressive than not aggressive enough,” he told a J.P. Morgan industry conference in early March, laying out a bleak picture of potentially sharp revenue declines, as
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Planes parked at the Barcelona airport terminal, on 12th May 2020. (Photo by Joan Valls | Urbanandsport | NurPhoto via Getty Images Large, state-backed airlines have a better chance of making it through the coronavirus pandemic — but second-tier players “could be in trouble,” according to Greg Waldron from aviation publication, FlightGlobal.  In a bid
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Hotels are cautiously reopening for the summer travel season, but it’s anything but business as usual in the hospitality industry. Last week, the American Hotel & Lodging Association (AHLA) introduced its Safe Stay guidelines developed under the guidance of an advisory council that includes Accor, InterContinental Hotels Group, Marriot International, Omni Hotels & Resorts and Walt
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