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Google Cracks Down On Happy Hour, Limits Business Trips, Encourages Virtual Options: Report
Sunday, September 11, 2022 - 1:46pm | 365According to a leaked email by The Information, Alphabet Inc's (NASDAQ: GOOGL) Google is cracking down on employees' non-essential travel, team bonding, happy hours, and other social gatherings. Last week, the company emailed its senior managers asking them to limit employee...
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3 Airline Stocks That Could Benefit From Leisure-Led Recovery
Monday, June 15, 2020 - 2:40pm | 305ABofA Securities survey of U.S. consumers supports a thesis that three airliners will benefit from a domestic and leisure-led recovery. The Analyst: Andrew Didora maintains a Buy rating on Alaska Air Group, Inc. (NYSE: ALK) with an unchanged $53 price target. The analyst also maintains a Buy...
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Hotel Corporations Vie for Luxury Market in China
Wednesday, December 4, 2013 - 1:28pm | 723China's rise as an economic power has also meant a rising need for better hotels to accommodate both foreign and domestic business travelers and tourists. And, many major hotel corporations have been working hard to fill that void. The InterContinental Hotels Group (NYSE: IHG) has announced “...
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Sign of the Times: Another Ultra-Long Business Flight is Permanently Grounded
Thursday, November 21, 2013 - 2:17pm | 605Here's something to keep in mind if you find yourself stuck at an airport over the holidays: at least you're not flying on one of those seemingly endless, ultra-long-distance flights that have been a business-class staple for years. But the era of ultra-long business flight appears to be ending...
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Demand for Air Travel Up Globally as Recovery Revives Business and Tourism
Tuesday, November 19, 2013 - 4:28pm | 646More signs of a slow but steady global economic recovery: despite weak figures in August, international air passenger traffic is up compared to a year ago. “We are seeing a more positive environment for air travel demand, based on rising business confidence, a strong increase in export orders...
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Settle into These Hotel Stocks, as We Head into 2014
Thursday, November 7, 2013 - 4:30pm | 589The travel industry in general has seen tremendous growth over the past few years in virtually all sectors. It's also expected to continue that growth in 2014. Pricing and occupancy numbers for hotels went up almost four percent in 2012 and have risen nearly 4.5 percent so far this year. This...
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China Expected to Become Top Business Travel Market
Tuesday, October 29, 2013 - 9:34am | 405Another sign of China's growing role in international commerce. According to a report commisssioned by the Global Business Travel Association (GBTA) and sponsored by Visa (NYSE: V), China is expected to surpass the United States as “the world's most dominant business travel market” within the...