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Tourists are evacuated as huge wildfire rages across Greece's Rhodes island on July 22, 2023. Sweltering conditions across southern Europe could accelerate a burgeoning trend among holidaymakers, as more tourists prioritize milder temperatures or off-season travel to avoid spending their time away in oppressive heat. Europe is currently experiencing some of the hottest temperatures of the summer so far, with yet another heatwave expected to push the mercury close to record-breaking levels in the coming days. The southern European country was followed closely by France (7%), Italy (7%), Greece (5%) and Croatia (5%). The popularity of Mediterranean vacation destinations, however, dropped by 10% compared to last year, when Europe experienced its hottest summer on record.
Organizations: European Travel Commission, ETC Locations: Greece's Rhodes, Europe, Greece, Spain, Sardinia, Sicily, Italy, Brussels, France, Croatia
“This can be attributed to travelers seeking out less crowded destinations, and milder temperatures,” the association said. This summer’s extreme temperatures follow blistering heat last year. Meanwhile, online searches for northern European destinations increased by 3 percentage points to hit 10%. Southern Europe still popular with BritsDespite rocketing temperatures, countries in southern Europe are still the go-to spots for many vacationers. Spain, Greece and Turkey are still “by far the most popular [destinations],” he said, which hasn’t “changed at all.”— Barbie Latza Nadeau and Chris Liakos contributed reporting.
Persons: Angelos Tzortzinis, Olivier Ponti, , , Johan Lundgren, Giuseppe Napolitano, Thomas Cook, Sean Tipton, hasn’t “, ” — Barbie Latza Nadeau, Chris Liakos Organizations: London CNN —, European Travel Commission, Tourism Council, Tourists, CNN, European Space Agency, ESA, British, Med Locations: London CNN — Spain, Italy, Europe, Brussels, Spain, France, Croatia, Greece, Czech Republic, Bulgaria, Ireland, Denmark, Athens, United Kingdom, Rome, Nicosia, Cyprus, Catania, Sicily, Southern Europe, Turkey
NO CANCELLATIONS YETDemand for travel has soared again this summer as tourists leave behind years of pandemic restrictions, and travel companies say the heat hasn't caused many cancellations - yet. Stories of tourists being airlifted off Italian beaches or ferried away in ambulances from Athens' Acropolis have flooded European media in recent weeks. Italy's Environment Ministry warned in a report this year that foreign tourists would in future travel more in the spring and autumn and choose cooler destinations. Greek authorities closed Athens' ancient Acropolis during the hottest part of the day on Friday to protect tourists. In Spain, high vacation demand is expected in coastal destinations in the north of the country and on Spanish tourist islands, where summer temperatures tend to be cooler, according to a report from national tourism association Exceltur.
Persons: Miguel Sanz, Anita Elshoy, Elshoy, Sean Tipton, Sanz, Dalphna Niebuhr, Daniel Otero, Rebeca Vazquez, Renee Maltezou, Elisa Anzolin, Angelo Amante, Corina Rodriguez, Catherine Evans Organizations: Travel Commission, EUROPE Tourists, Reuters, Ministry, Thomson Locations: ROME, Europe, Czech Republic, Denmark, Ireland, Bulgaria, Norway, Rome, Sicily, Athens, EUROPE, American, Greece, Mykonos, Spain, Bilbao, Italy, Madrid
“Last-minute flight prices, especially international ones, are expensive,” says Katy Nastro of Going.com (formerly Scott’s Cheap Flights) about airfares from North American to Europe. “Their best value comes when cash prices are high, and there’s no time more expensive than last-minute summer travel,” Nastro says. CNN Travel talked to travel agents, experts and expert travelers, too, for their tips on saving money on European travels this unprecedented summer. “Most travelers going to Europe have a few destinations in mind, “ says Henley Vazquez, co-founder of luxury travel advisor group Fora. These places he calls “the Chicagos of Europe” include Marseille in France, Hamburg in Germany and Liverpool in England.
Persons: CNN —, , Katy Nastro, you’ll, Nastro, you’ve, ” Nastro, Hevelyn Villar Silva, Hevelyn Villar, , Colleen McDaniel, Henley Vazquez, Fora, ” Eurail, Eurail, Ethan Williams, Austria’s, Georgia Bird, Rome Ciampino, Rome Fiumicino, snagging, Ignacio Eguren, ” Eguren, Eguren, Booking.com, aren’t, Rick Steves, ” Steves, Steves, Organizations: CNN, Cruise, Magnifica, MSC Cruises, MSC Magnifica, Caribbean’s Symphony, Palma de Mallorca, Milan Central Station, Getty, Czech Railways, Saint, Alamy, , Smart, Library, Rembrandt, Best, Premier Faubourg, CNN Travel, Liverpool, Scala, Scala Santa Holy, Scotsman Locations: Europe, North American, , Tampa , Florida, Genoa, Valencia, Spain, Pisa, Portofino, Italy, France, Palma de, Athens, Svalbard, Bergen, Norway, , Germany, Czech, Czech Republic, Rome, Saint Martin, Paris, mauritius, Checkin Cantabria, Cantabria, Paris ’, Copenhagen, you’ll, Oslo, Marseille, Hamburg, England, Scala Santa
European travellers are already on high alert over worries about air traffic control problems arising from both the reduced air space available due to the Ukraine war, plus staffing issues and industrial action at some locations. "Given the scale of the industrial action, disruption, delays and cancellations are inevitable across the airport," Unite said in its statement. Concerns over air traffic control delays already prompted easyJet to axe 2% of its summer flight schedule, mostly from Gatwick, on Monday. On the strike-affected days, 4,410 flights are due to depart from Gatwick, equating to over 840,000 potential passengers, according to aviation analytics firm Cirium. Britain's busiest hub, Heathrow Airport, agreed a pay deal with security workers in June, avoiding multiple days of walk-outs throughout the summer which had been planned by Unite.
Persons: EasyJet, easyJet, William James, Sarah Young, Sachin, Mark Potter Organizations: Gatwick, Menzies Aviation, DHL Services, Gatwick's, British Airways, DHL, Airlines, Financial Times, Heathrow Airport, Unite, Thomson Locations: Ukraine, London, TUI, Gatwick, Europe
"I was a little hesitant coming as a American, like 'Oh my god my government did really bad things here. Tourists "are messengers who tell these states that Iraq has returned to being a safe country and is not a red line as some say. 'DO NOT TRAVEL'The U.S. and European countries still warn against any travel to Iraq due to security concerns. The U.S. State Department website says: "Do not travel to Iraq due to terrorism, kidnapping, armed conflict, civil unrest". Few of the ancient ruins that dot the country have signs describing their significance, nor accredited tour guides.
Persons: Anna Nikolaevna, Jacob Nemec, Imam Ali, Alaa, Marjani, Jacob Nemec's, Nemec, Ahmed Fakak Al, Badrani, Al, General Abdel, Karim Sudani, Ali Hilal, Hilal, Timour Azhari, Maher Nazeh, Ahmed Saeed, Khalid al, Ros Russell Organizations: REUTERS, Islamic, Tourism, Reuters, Foreign, U.S . State Department, Thomson Locations: Russian, American, Najaf, Iraq, Marjani BAGHDAD, Reno , Nevada, Iran, U.S, Baghdad, Europe, United States, British, Babylon, Mosul, West, Al Qaeda, Islamic State, Ali, Canada, Babil, Mousily
Check back to this page often as we'll be consistently updating it with the best Amazon Prime Day Lightning Deals as we come across them. Check out Insider's picks for the best credit cards to use on Amazon purchasesBest Amazon Prime Day 2023 Lightning DealsDeal icon An icon in the shape of a lightning bolt. During this Prime Day lightning deal, it's on sale for $20 off its normal price. $16.98 from Amazon Originally $19.98 Save 15%What are Amazon Prime Day Lightning Deals? Yes, anyone looking to take advantage of a Prime Day Lightning Deal must have a Prime membership in order to do so.
Persons: we've, you've, There's, It's Organizations: Amazon, Amazon Deal, Prime Locations: 60fps
[1/5] A swimming pool is seen at the top of Hyatt's Thompson Madrid Hotel, overlooking central Madrid, Spain, June 13, 2023. RISING ROOM RATESThe arrival of luxury hotels has marked a new peak in room rates. "We're seeking to capture the highest-spending international tourists," said Madrid's tourism director, Luis Martin. Employment in Madrid's tourism sector has grown by 15% since 2019, compared with 5.4% nationally. "The Spanish tourism sector has always tried to compete with other destinations on low prices," he said.
Persons: Hyatt's, Violeta Santos Moura, Santo Mauro, Richard Brekelmans, , Carlos Erburu, Thompson, Antonio Catalan, Alejandro Pitashny, Luis Martin, Jose Maria Martinez, Corina Pons, Belen Carreño, Charlie Devereux, Hugh Lawson Organizations: Madrid Hotel, REUTERS, Violeta Santos Moura MADRID, Hotels, Puerta del Sol, Dior, Marriott, Santo, Santo Mauro Palace, Westin, Ritz, Universal Music, Southern, Madrid, Colliers, Hyatt Hotels Corp, Reuters, Robuchon, Michelin, Airlines, Air, Thomson Locations: Madrid, Spain, Europe, Paris, London, Milan, Puerta del, Southern Europe, Barcelona, United States, Rome, Argentine, Iberia, America, Air China, China, Spanish
Last summer, 22.9% of scheduled US flights arrived more than 15 minutes late at their destination. During the summer of 2019, 18.2% of flights were delayed, only marginally better than in 2022. Airports in New York and Orlando tend to record a high percentage of delays regardless of the year. Memorial Day weekend is kicking off what's expected to be a very busy air travel season, and many are wondering: is it going to be as bad as last summer? Take a look at the 20 airports with the worst delays — calculated by the percentage of flights leaving the airport and arriving more than 15 minutes late to their destination — for the summer of 2022, ranked from best to worst:
Yet despite all odds, 61% of those surveyed said they plan to travel this summer, up from the 49% who said the same in summer 2021. Some 56% of adults are more likely to stay in a hotel this summer than they were in 2022, according to the AHLA/Morning Consult survey. Booking Holdings is also an analyst favorite, with an average rating of overweight and 10% upside to the average price target, per FactSet. While prices are still high, the latest consumer price index for April showed the airline fares index fell 2.6% month over month, after rising in February and March. Airlines are essentially sold out for summer travel, according to TD Cowen analyst Helane Becker.
Persons: Matt Kramer, They're, You've, Sylvia Jablonski, Kramer, Freed, Bernstein, David Vernon, Price, Robin Farley, Farley, James Hardiman, Hardiman, Josh Weinstein's, RevPar, Tony Capuano, Chris Nassetta, Biden, Hilton, they've, Airbnb, Brian Chesky, it's, Evercore, Mark Mahaney, amortization, Mahaney, Cowen, Helane Becker, Becker, — CNBC's Michael Bloom, Ashley Capoot Organizations: KPMG, KPMG Consumer, Survey, Cruise ETF, Royal, Holdings, Marriott, United Airlines, Morning, American, & Lodging Association, Cruises, UBS, Citi, CCL, CNBC, Hilton Worldwide, U.S . Travel Association, State Department, Booking Holdings, Booking, Airlines, Delta Air Lines, Copa Holdings, Panamanian, Copa Airlines Locations: United States, Royal Caribbean, United, Caribbean, CocoCay, Thursday's, China, North America, Asia, Europe
What's more, there appears to be growing demand for the luxury end of the spectrum. Portugal registered more than 2.8 million of foreign visitors from January to March, the best first quarter on record, according to official data. Airlines such as Lufthansa, easyJet and Ryanair have confirmed robust summer bookings while Ryanair, in anticipation of strong demand, has just ordered 150 new 737 Max-10s and optioned another 150. Italian travel and tourism company Alpitour forecasts turnover 30% higher this year. "We already see a very strong demand to book Christmas holidays in 2023.
Airlines scheduled a near-record 51,000 flights from June through August from the U.S. to Europe, according to airline data firm Cirium. The number of scheduled seats is the highest since 2018. Despite that increase in capacity across the Atlantic, fares are up sharply as airlines test travelers' appetites for trips abroad. JetBlue is flying to London's two largest airports from New York and Boston, and plans to launch service to Paris from New York in June. Delta plans to offer a record number of seats from the U.S. to Europe, up 20% from last summer.
Conversely, only 32% of respondents in the UAE considered seat-reclining unacceptable, lower than the global survey average of 53%. Only 19% deemed crying babies to be "unacceptable" and less than one-third were troubled by noisy kids over the age of four. However, there was one issue that bothered UAE respondents more than European travelers. Only 21% labeled crying babies as unacceptable, less than the 25% of men in the survey. What's 'unacceptable' to American flyersAmericans are more likely than the global average to view acts like personal grooming and shoe removal on flights as unacceptable.
When European travelers first encountered the Warlpiri of Australia’s Outback or the Kalapalo of the Amazon Basin in the 19th century, at least one institution would have been familiar amid the welter of cultural differences. As in the West, life among the Warlpiri and Kalapalo is profoundly shaped by marriage. In their own ways, the members of both of these societies strive to attract desirable spouses and then to raise children and forge a life together. As anthropologist Joseph Henrich observes, despite important variation in its form across cultures, “marriage represents the keystone institution for most (not all) societies, and may be the most primeval of human institutions.”Marriage might be nearly ubiquitous, but does it still matter today? As reliable contraception has lowered the stakes of sex, and women have achieved political and, in some cases, economic equality with men, perhaps marriage has now become merely optional, a capstone rather than a cornerstone of a successful life.
The continent-wide STOXX 600 index (.STOXX) rose 0.4%, while European travel & leisure stocks (.SXTP) advanced 0.8%. TUI's German-listed shares (TUIGn.DE) rose 2.5%, with its shares listed in London adding 2.5% after the company reported more bookings and higher first-quarter revenue. In Europe, a flash reading of fourth quarter GDP is also on the radar on growing hopes that the euro zone economy most likely avoided a recession. The STOXX 600 has risen over 9% so far this year led by better-than-expected earnings and a brighter outlook for the euro zone economy. Reporting by Shreyashi Sanyal in Bengaluru; Editing by Savio D'Souza and Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Airbnb beats on profit and revenue, stock is up
  + stars: | 2023-02-14 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +2 min
Here's how the company did:EPS: 48 cents vs. 25 cents expected by analysts, according to Refinitiv. 48 cents vs. 25 cents expected by analysts, according to Refinitiv. Revenue: $1.90 billion vs. $1.86 billion expected by analysts, according to Refinitiv. Revenue for the fourth quarter was up 24% year over year. Average daily rates decreased by 1% from a year ago to $153 in the fourth quarter.
REUTERS/StaffSummarySummary Companies Flutter, Ryanair lead travel stocks higherTravel & leisure index hits near 3-month highsChina-exposed luxury companies declineIrish stocks rallyNov 7 (Reuters) - European shares rose on Monday, reversing declines from the opening bell, as a jump in travel stocks helped outweigh a drag from China-exposed luxury giants. The benchmark STOXX 600 index (.STOXX) added 0.6% by 0929 GMT, extending gains after its fourth straight weekly rise. Flutter Entertainment Plc rose 4.5%, boosting European travel & leisure stocks (.SXTP) by 2.3% and helping it touch a near three-month high. European luxury stocks, including LVMH (LVMH.PA), Pernod Ricard (PERP.PA) and Hermes International (HRMS.PA), dipped between 0.1% and 0.4%. Dutch fertiliser maker OCI (OCI.AS) fell 3.7% to the bottom of the STOXX 600 after J.P. Morgan cut its rating on the stock on softer quarterly outlook.
Kenny Cheung, CFO of Hertz Photo: Hertz Global Holdings Inc.WSJ: How far is Hertz impacted by rising interest rates? If underlying interest rates move by 1%, it will impact our profit and loss [statement] by about $30 million net at current debt levels. On the variable portion of the ABS, we have an interest rate cap in place to manage our exposure to fluctuations in interest rates. WSJ: Does the rapid rise in interest rates lead to you managing working capital more efficiently? The Federal Reserve raised interest rates by another 0.75 percentage point to combat inflation, Chairman Jerome Powell said on Wednesday.
The pan-European STOXX 600 (.STOXX) dropped 0.9% by 0905 GMT, with rate-sensitive European technology stocks (.SX8P) falling nearly 2%. While most major European sector indexes slid, banks (.SX7P) edged 0.3% higher. European equity markets rose for three days out of four leading up to the Fed decision, helped by better-than-expected corporate earnings. Investors awaited an interest rate decision by the Bank of England later in the day, where it is expected to deliver its biggest rate hike since 1989. Among stocks, BMW (BMWG.DE) fell 2.9% as the German premium carmaker warned that rising inflation and interest rates would start to weigh on sales in the coming months.
A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. Delta Air Lines expects to post another profit in the last quarter of the year and said both leisure and business travel continue to recover. For the third quarter, Delta reported net income of $695 million, or $1.08 per share, on record revenue of close to $14 billion, the results of a surge in summer travel with high fares to match. Adjusting for one-time items, Delta posted earnings per share of $1.51, while adjusted revenue came in at $12.8 billion, 3% above 2019 levels, despite a smaller schedule. Adjusted revenue: $12.84 billion versus $12.87 billion expected.
United Airlines is planning another big schedule increase for trans-Atlantic travel, in a bet that consumers will continue to shell out for international trips, some of which they had put off for years. Next summer, United says it will fly to 37 cities in Europe, Africa, India and the Middle East, a total it said is more than other U.S. airlines combined. London's Heathrow Airport warned Tuesday that travel demand is "uncertain." It will also offer flights from Washington Dulles International Airport to Berlin on a Boeing 767, starting May 25. Its additions include a nonstop from to Geneva, more London service and a resumption of daily Berlin flights, all from New York's John F. Kennedy International Airport.
Summer's over, but the European travel season isn't
  + stars: | 2022-09-29 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +1 min
This photograph taken on August 7, 2018, shows an American Airlines Airbus A330-243 aircraft on the tarmac at Roissy-Charles de Gaulle Airport, north of Paris. It's a welcome shift for airlines as they seek to drum up revenue after travel restrictions and concerns about Covid-19 sapped demand for many European trips in 2020 and 2021. Lucrative business travel segments have been slower to return than leisure, making these trips all the more crucial. "I think there's no question that people's appetite for going to Europe has gotten longer," said Kyle Potter, executive editor of Thrifty Traveler, a travel and flight deal website. Plus, a strong U.S. dollar is making fall trips to Europe more attractive, driving down costs of everything from shopping in Milan to high-end dining in Paris or London for many U.S. travelers.
Граждане Республики Молдова с биометрическими паспортами могут въезжать в ЕС по старым правилам как минимум ещё один год. ETIAS – «Система авторизации въезда в Европу» (European Travel Information and Authorization System). Это автоматизированная электронная система, которая отслеживает и разрешает въезд в Шенгенскую зону приезжающим из тех стран, для граждан которых не требуется виза для въезда в Шенгенскую зону. Разрешение будет выдаваться сроком на три года, если дата истечения заграничного паспорта будет меньше чем через три года – до даты истечения документа. Виза ETIAS не дает никаких дополнительных преимуществ к безвизовому режиму, можно будет находиться в странах Шенгенской зоны до 90 дней в течение 180 дней.
Persons: ETIAS Organizations: tv8, Шенгенская, Шенгенская зона Locations: Республика Молдова, ЕС
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