Business travel has not recovered as quickly as leisure travel. getty Google has told its senior managers to limit employee travel only to “business critical” trips, according to a leaked internal email seen by The Information. No more team off-sites or social functions, and no more in-person meetings when a virtual option is available. Moving forward, Google’s executives were told, there will be a “high bar” for what is now deemed critical. Last month, Microsoft asked employees to cut… Source link
Read More »BlackRock joins Wall Street firms in covering employees’ abortion travel costs: Internal memo
BlackRock (BLK), the world’s largest asset manager, is set to expand its health care plan to cover travel expenses for U.S. employees seeking abortion services, per an internal memo obtained exclusively by Yahoo Finance. The company joins a growing docket of firms on Wall Street making similar commitments following Friday’s Supreme Court decision to overturn Roe v. Wade. “Through company-sponsored health insurance, we have long provided reproductive health care services, including coverage… Source link
Read More »Marriott International Introduces Travel Media Network, Powered by Yahoo
Marriott debuts the hospitality industry’s first global omnichannel media network, enabling advertisers to deliver curated experiences to millions of travelers BETHESDA, Md., May 16, 2022 /PRNewswire/ — Marriott International, Inc., today announced the launch of the Marriott Media Network, an omnichannel cross-platform advertising solution for brand advertisers, enabling curated content experiences and offerings to guests throughout their travel journey. To power its network of owned… Source link
Read More »Airbnb Q1 results top estimates as company sees ‘strong sustained pent-up demand’ for travel
Airbnb (ABNB) reported first-quarter results that exceeded estimates, as virus-related restrictions eased further and helped lift business. The company also reported its first quarter of positive adjusted EBITDA even as it navigated a jump in Omicron cases at the beginning of this year and international disruptions due to Russia’s invasion of Ukraine. Shares of Airbnb rose 6.5% in after-hours trading immediately following the results. Here’s what the lodging company posted in fiscal… Source link
Read More »Google shares summer travel trends
MEMPHIS, Tenn. (WMC) – Summer is right around the corner and experts are predicting a surge in travel. Google Trends Expert Justin Burr joined Action News 5′s Amanda Hanson at the digital desk to talk about the top travel destinations and new tools for tracking vacation prices. Watch the full interview in the video player above. Copyright 2022 WMC. All rights reserved. Click here to sign up for our newsletter! Click here to report a spelling or grammar error. Please include the headline. Source link
Read More »Google’s new travel search tools
Google’s new travel search tools Advertiser Disclosure Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card… Source link
Read More »How Google Is Winning Travel
Skift Take Good morning from Skift. It’s Thursday, April 25, in New York City. Here’s what you need to know about the business of travel today. Rashaad Jorden Today’s edition of Skift’s daily podcast discusses Google’s huge travel recovery, Wyndham’s growing ambitions, and Finnair’s solution to its Russian problem. Listen 🎧 Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts Episode Notes Google has… Source link
Read More »Travel stocks rise as spending shifts from goods to services
The rise in leisure and travel stocks highlights a shift in consumer spending from goods to services as the pandemic winds down. “We see signs of goods demand cooling, particularly in big ticket items, while services benefit from strong pent-up demand,” Savita Subramanian wrote in a recent BofA Global Research note. Case in point, airlines such as United (UAL) and American (AAL) predict reaching profitability amid strong demand. Luxury hotel operator Marriott International (MAR) has been… Source link
Read More »We’re ‘not quite ready’ to roll back travel testing guidance: CDC’s Walensky
CDC Director Dr. Rochelle Walensky says the U.S. isn’t ready to roll back COVID-19 masking or testing requirements, including testing for inbound travelers to the U.S. “We’re not quite ready to do so yet,” Walensky said, noting that the hospitalization rate in the country, though on the decline, is still is at a concerning level. “We always need to be prepared for what may come around the corner,” she said. Though some states on the East Coast — including New Jersey, Connecticut, and Delaware… Source link
Read More »How Covid Travel Restrictions Boosted Google’s Bottom Line
Confusion has led to a six-fold increase in searches related to Covid-related travel restrictions. getty Google search trends offer not only a fascinating window into the public’s most pressing questions, but they can also be a huge indicator of what’s driving ad dollars for the tech behemoth. Simply put, the more searches for a given topic, the more eyeballs that land on related ads. It’s nearly impossible to overestimate how the Covid-19 pandemic has impacted what… Source link
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