Why Royal Caribbean and Carnival Stock Will Recover

For the past two years, since the covid pandemic hit in late-February 2020, the cruise industry has taken one punch after another. And, while the situation has improved from the extended period when cruises were not allowed to sail from United States ports, that does not mean that it’s back to 2019 for Royal Caribbean … Read more

Walt Disney World, Universal to close Florida parks

Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images As Hurricane Ian nears the west coast of Florida, the Walt Disney Company and Comcast’s Universal Studios are preparing to close their Orlando-based theme parks for at least two days. Disney announced Tuesday that Animal Kingdom, Hollywood Studios, Epcot and Magic … Read more

Disney Pulls Star Wars Film ‘Rogue Squadron’ From 2023 Release Calendar

The picture is one of two the company removed from its schedule next year, according to a statement Thursday. The other was an untitled live-action movie. Disney added one film, “Next Goal Wins,” from its smaller Searchlight label. Another picture, “Haunted Mansion,” was delayed until Aug. 11 from its original March 10 release date. 

Taiwan to resume visa free entry for some countries in latest reopening step

Travelers at Taoyuan International Airport in Taoyuan, Taiwan, on Thursday, Aug. 4, 2022. Taiwan will resume visa free entry for visitors from countries including the United States and Canada from next week, the government said on Monday, as it continues to ease controls put in place to contain the spread of Covid-19. Lam Yik Fei … Read more

Good Luck Finding a Seat in That Fancy Airport Lounge

(Bloomberg Businessweek) — The All Nippon Airways lounge at Tokyo’s Narita International Airport was once an uncrowded refuge of calm for business travelers, favored for such perks as free made-to-order noodles, a private shower, and comfy chairs with views of the tarmac and planes taxiing. But on a recent Tuesday afternoon while connecting flights at … Read more

How much does it cost to travel full time? Here’s what one couple pays

Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in Beijing in January 2019. “On the first day … I meet this one,” he said, gesturing to Darina Karpitskaya, sitting by his side. … Read more

China’s domestic tourism on track to rebound from pandemic: Fitch Ratings

China’s domestic tourism — a key indicator of retail spending — is on track to make a comeback after dipping to an all-time low during the nation’s worst lockdowns, according to official data and analysts.  Since the mainland’s biggest lockdown in Shanghai ended in late May, the increase in holiday bookings has indicated that tourism … Read more

7 bosses share their advice for young people on taking time off

Americans are overworked, and it seems to be especially bad for young workers. By generation, Gen Z and millennial workers are “significantly more vacation deprived and burned out” than workers age 50-plus, according to Expedia’s latest Vacation Deprivation study of 14,500 working adults across 16 countries. Some would say the best time to travel is when you’re … Read more

Norwegian Stock Sinks as It Predicts Losses to Continue

Text size The cruise company predicted it would continue to be unprofitable in the third quarter. Alexandre Meneghini/Reuters/Alamy Shares of Norwegian Cruise Line Holdings fell in premarket trading Tuesday after the cruise company predicted it would continue to be unprofitable in the third quarter. Norwegian (ticker: NCLH ) posted a second-quarter adjusted loss of $478.3 … Read more

Hong Kong cuts hotel quarantine for travelers to 3 days

Hong Kong is reducing the amount of time travelers will need to serve hotel quarantine, from seven days down to three starting Friday. “The seven-day quarantine hotel arrangement will be changed to three days in a quarantine hotel, plus four days of home medical surveillance,” Chief Executive John Lee said at a press conference Monday. … Read more