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
Read More »Omicron variant hits travel and reopening stocks — is it time to buy?
Investors should be closely watching for buying opportunities in reopening stocks in the travel and ride-sharing sectors that have been hit hard this past week amid Omicron variant fears, according to EvercoreISI tech analyst Mark Mahaney. “We have processes in place as societies, cultures manage this [the pandemic. If you have a sell-off on the ride-sharing stocks, the travel stocks that is probably a buying opportunity. I find it hard to believe we will have a repeat of the stocks we had… Source link
Read More »Expedia, Airbnb, and other travel stocks drop amid discovery of new COVID-19 variant, market selloff
Travel platform Expedia (EXPE) and home sharing site Airbnb (ABNB) are two of the stocks swept into the market sell-off on Friday over concerns of a COVID variant first detected in southern Africa. Expedia, the fifth-worst performer in the S&P 500, dropped as much as 11% during the shortened trading day on Friday. Shares closed 9% lower at $159.80 each. Airbnb’s stock closed the session down more than 3% at $173.86. Travel reservation platform Booking Holdings (BKNG) also declined more than 7%… Source link
Read More »Holiday season travel could be gangbusters for hotel industry
Marriott CEO Anthony Capuano is ready for a strong year-end as pandemic-era global travel restrictions are eased. “I think it was Sept. 20 when the administration announced their intention to open up the borders. We saw an immediate spike in bookings and have seen it right through to today,” Capuano said on Yahoo Finance Live. Today, the U.S. ended a pandemic travel ban on international visitors from 33 countries. The ban has lasted 19 months, and was first implemented by the Trump… Source link
Read More »Biden administration just lifted a 19-month COVID-19 travel ban and this hotel is already seeing a major boost
The Biden administration lifting a COVID-19 related travel ban on international visitors on Monday is already proving to be a tailwind for hotelier Hyatt. “This is a momentous day. Reopening the borders for vaccinated travelers is a really great step to take forward and re-engage. The day the Nov. 8 date was announced, we saw an instant surge in bookings. By the way, this week was up 50% overnight in terms of bookings. It just demonstrates what we have seen in virtually every segment of our… Source link
Read More »Here comes the travel boom: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 8, 2021 Pandemic travel ban eases in US Macy’s Herald Square gives a hearty welcome back to its international friends. Today, the U.S. lifts a pandemic travel ban on international visitors from 33 countries. The ban has lasted 19 months, and was first implemented by the Trump administration. International travelers will be… Source link
Read More »Airlines prepare for international travel surge as US eases COVID restrictions
U.S. airlines expect a surge of international travelers when the United States reopens to fully vaccinated visitors Monday. The Biden administration announced the new guidelines in September and set Nov. 8 as the day the borders open. “Delta (DAL) has seen a 450% increase in international point-of-sale bookings versus the six weeks prior to the announcement,” the airline stated in a press release that predicts many international flights will be 100% full and stay that way for several… Source link
Read More »Google’s revealing Nest, Travel, Maps and more on Oct. 5
The Nest Audio. Chris Monroe/CNET Google is getting ready to announce its next… Source link
Read More »Google's revealing new Nest, Travel, Maps and more updates in October – CNET
[unable to retrieve full-text content]Google’s revealing new Nest, Travel, Maps and more updates in October CNET Source link
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