Latest news with #travelDemand
Travel Weekly
6 days ago
- Business
- Travel Weekly
Hawaiian Airlines to suspend Boston route
Hawaiian Airlines will halt Honolulu-Boston service on Nov. 19 and end Honolulu flights to Seoul on Nov. 21 and to Fukuoka, Japan, on Nov. 19. "It's always a difficult decision to suspend a route, especially in cities like Seoul, which we have enjoyed serving for over 14 years," Hawaiian CEO Joe Sprague said in a prepared statement. "However, despite our team's best efforts, soft post-pandemic travel demand from Asia combined with various market challenges have persisted in Seoul, as well as in Fukuoka and Boston, both of which we entered in 2019." Hawaiian currently flies five times per week to Seoul, four times per week to Boston and three times weekly to Fukuoka. It's the only airline currently serving Honolulu-Boston. Delta offered the route for the first time last winter on a seasonal basis but is not scheduled to resume it, according to Cirium data. Hawaiian is also alone on Honolulu-Fukuoka. Korean Air, Asiana and Premia Air all serve Honolulu-Seoul. For the holiday season, Hawaiian will replace the three suspended routes with an extra daily flight between Honolulu and Los Angeles and with two additional weekly flights between Honolulu and Sydney. Hawaiian will also add a daily frequency between Honolulu and Seattle from late November through mid-April. And beginning in March, Hawaiian will fly twice weekly between Honolulu and Tahiti, up from once a week.
Globe and Mail
09-07-2025
- Automotive
- Globe and Mail
New CarTrawler Market Analysis Points to Uneven But Resilient Summer Travel
Second quarterly Car Rental Market Monitor reveals bright spots in EV demand in North America and growing payment method adoption in Europe DUBLIN, July 9, 2025 /CNW/ -- CarTrawler, the leading B2B technology provider of car rental solutions to the global travel industry, has released its Car Rental Market Monitor for Q2 2025 at a time of great uncertainty in the travel marketplace. Inbound travel demand to the US is down by as much as 10%, and Deloitte finds that Americans are trimming their planned summer travel spending and opting for road trips. How will this uneven travel demand impact the car rental market?
Yahoo
25-06-2025
- Business
- Yahoo
Hertz Global (HTZ) Jumps 14.33% on Stabilizing Oil Prices
We recently published . Hertz Global Holdings, Inc. (NASDAQ:HTZ) is one of the stocks that soared higher on Tuesday. Hertz Global jumped by 14.33 percent to close at $7.34 apiece as investors cheered stabilizing oil prices and expectations of continued travel demand thanks to the ceasefire between Israel and Iran. As of this writing, Brent crude prices are down by 6.07 percent at $67.14/bbl, while WTI crude oil eked out a 1.10-percent gain at $65.08/bbl. Oil prices immediately dropped earlier this week after President Donald Trump intervened and announced a total ceasefire between the two Middle Eastern countries. A fleet of cars parked at a car rental company's headquarters, symbolizing the company's commitment to servicing its customers. The decline, coupled with expectations of continued travel demand, benefited Hertz Global Holdings, Inc. (NASDAQ:HTZ), with the weeks of conflict significantly weighing down on air travel. Hertz Global Holdings, Inc. (NASDAQ:HTZ) is an American car rental company based in Florida, which owns brands, namely Dollar Rent A Car, Firefly Car Rental, and Thrifty Car Rental. While we acknowledge the potential of HTZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Business
28-05-2025
- Business
- Arabian Business
UAE Eid Al Adha travel bookings rise 15% as short-haul beach destinations surge
Travel demand from the UAE is climbing ahead of Eid Al Adha, with dnata Travel reporting a 15 per cent increase in holiday bookings compared to the same period last year. The company said overall travel demand during the Eid break is 30 per cent higher compared to regular periods, reflecting appetite for outbound travel during key public holidays. 'Eid continues to be one of the busiest travel periods in the UAE, and this year is no exception. We're seeing consistent year-on-year growth, driven by travellers who are increasingly strategic about how they plan their holidays,' Meerah Ketait, Head of Retail and Leisure at dnata Travel said. Maldives, Turkey lead UAE travellers' Eid Al Adha destination choices for 2025 Short-haul beach destinations dominate the bookings, with most trips averaging around four days. The most booked destinations include Maldives, Seychelles, Mauritius, Turkey, Sri Lanka and Azerbaijan – all reachable within a four- to six-hour flight from the UAE. 'The data shows a clear preference for short-haul travel during Eid, with most trips averaging around four days. Travellers are being intentional – choosing destinations that offer convenience and value now, while planning longer, more in-depth holidays for the summer season from July onward,' Ketait said. While short-haul escapes remain popular, dnata Travel also notes demand for longer-haul destinations such as Italy, France and Spain in the West, as well as Thailand and Japan in the East. Trip duration trends show that travellers are booking around four days for nearby getaways, and up to six days for distant holidays, depending on the destination. To cater to the demand, dnata Travel has launched curated Eid holiday packages that combine value and flexibility for families, couples, and solo travellers: Sri Lanka from AED 2,730 per person – return airfare, 3-night stay at Avani Kalutara Resort with daily breakfast Thailand from AED 2,810 per person – return airfare, 3-night stay at Avani Ao Nang Cliff Krabi with daily breakfast Turkey from AED 2,990 per person – return airfare, 3-night stay at Hilton Istanbul Bosphorus with daily breakfast Maldives from AED 4,090 per person – return airfare, 3-night stay at Kuramathi Maldives with daily breakfast and return speedboat transfers Mauritius from AED 6,270 per person – return airfare, 3-night stay at The Westin Mauritius Turtle Bay Resort & Spa with daily breakfast and dinner Travellers are encouraged to book early, as limited availability and rising demand are expected to drive bookings over the coming days.
Skift
22-05-2025
- Skift
International Travel to the U.S. Remains Soft – Can Domestic Demand Fill the Gap?
The softening in inbound travel demand – especially from Canada – is being partially offset by domestic travel, which continues to show resilience. U.S. tourism is navigating the ripple effects of the Trump administration's new policies and tariffs, but Skift Research's report – The Trump Effect: Skift Travel Health Index Market Analysis – tells a nuanced story. The Skift Travel Health Index reveals that there was a 2% year-on-year dip in U.S. travel demand in March 2025. That's down, of course, but not a collapse. And while there are several red flags – declines from Canada, volatile flows from Europe – domestic travel could pick up the slack. Canada Is Pulling Back Is Canada boycotting the U.S.? The data suggest so: There has been a marked drop in Canadian travel to the U.S. this year, with a sharp 22% decline in flight bookings in February, immediately after President Trump talked about making Canada a U.S. state. By March 2025, hotel searches from Canada dropped 43%, while new bookings declined 34% year-on-year. Instead, Canadian travelers are now shifting southward, with flight booki
