GO
Loading...

It's a Trip

  Tuesday, 30 Jul 2013 | 3:58 PM ET

High gas prices won't kill middle-class vacations

Posted By: Paul Toscano
High gas prices won't stop Americans from traveling
Choice Hotels CEO Steven Joyce tells "It's a Trip" that middle-class people will cut other discretionary spending before they'll give up their vacations.

With higher gas prices comes the fear that the broader economy will take a hit, but if Steven Joyce, CEO of Choice Hotels, is correct, the hotel industry is relatively sheltered from a modest rise in fuel tabs.


»Read more
  Wednesday, 24 Jul 2013 | 10:34 AM ET

Hotel guest satisfaction hits 7-year high: Survey

Posted By: Paul Toscano
Good news for hotels: Satisfaction hits 7-year high
After two years of declines in hotel guest satisfaction J.D. Power and Associates found that those staying in hotels in 2013 were happier than they have been in the past 7 years.

After two years of declines, J.D. Power and Associates reported Wednesday that hotel guests are not only happier about their visits—they are the most satisfied in seven years.

»Read more
  Monday, 10 Jun 2013 | 11:45 AM ET

As Profits Rise, Hotels Start Pushing the Envelope

Posted By: Paul Toscano
New Wave of Optimism Driving Innovation for Hotels
In this episode of "It's a Trip," industry insiders say hotel owners are becoming increasingly optimistic, and that's driving new investments and innovation. Bjorn Hanson, Divisional Dean of the NYU Tisch Center for Hospitality, Stephen Joyce CEO of Choice Hotels and Kirk Kinsell, President of IHG Americas share their perspective.

As hotel owners become increasingly optimistic—and profitable—a brighter future is driving new investments and innovation, say industry insiders, who are forecasting improvement in several key metrics for 2013.

»Read more
  Wednesday, 22 May 2013 | 10:59 AM ET

It's a Trip: Travel Like an Industry Insider

Posted By: Paul Toscano
Despite Rising Travel Costs, Summer Deals Still Exist
On this episode of CNBC.com's "It's a Trip," Simon Hobbs speaks with Clem Bason, the President of Expedia's Hotwire Group, about key summer travel trends and cities where travelers will find the best deals. Also hear from Sunstone CEO Ken Cruse, who explains why hotels are likely to raise prices this summer.

Industry experts expect to see higher prices for travel this summer, although travelers can still find deals if they know where to look.

"As with every summer for the past few years, prices are coming up a little bit," said Clem Bason, President of Expedia's Hotwire Group. Hotel room rates and car rentals are the major areas where consumers can expect to see higher prices, he told CNBC's 'It's a Trip.'

The silver lining for this trend, Bason said, is that airline prices are either flat or down compared to last summer and for those who book wisely, traveling won't break the bank.

For longer trips, Bason suggests booking flights on Tuesdays or Wednesdays, when possible. "The vast majority of Americans are trying to fly on the weekends and those planes are packed fully. You're just not going to save there," he said.

Bason also recommends flying through secondary airports, which often cost less than major metropolitan hubs.

City-by-city travelers can also find deals, and Bason points to Washington, D.C. and Vancouver, Canada as great places to find value. Chicago, however, will be busy in the next few months with a number of major events, and will be "more expensive than any summer in the past few years," he said.

(Read More: High-End Golf Extravagances)

»Read more
  Thursday, 16 May 2013 | 9:08 AM ET

It's a Trip: The Big Breakaway

Norwegian Shows Off Their Newest Ship
On the first episode of CNBC.com's "It's a Trip," Simon Hobbs speaks with the CEO of Norwegian Cruise Line, Kevin Sheehan about the most exclusive areas of the company's newest ship, the Norwegian Breakaway. Also hear what's happening around the travel industry, from summer hotel rates to airline satisfaction.

CNBC's Simon Hobbs speaks with the CEO of Norwegian Cruise Line, Kevin Sheehan about the most exclusive areas of the company's newest ship, the Norwegian Breakaway. Also hear what's happening around the travel industry, from summer hotel rates to airline satisfaction.

»Read more

About It's a Trip

  • It's a TripBefore you pack your bags or make a new investment, make your reservation with CNBC’s Simon Hobbs. It’s a Trip takes a closer look at the biggest names, hottest trends and the coolest innovations in travel and leisure.

Most Popular Video

Wednesday, 23 Apr 2014 | 4:57 PM ET

Weekly jobless claims and durable goods are the numbers to watch Thursday, but so are the massive amount of earnings reports expected. CNBC's Patti Domm explains.

Wednesday, 23 Apr 2014 | 4:32 PM ET

Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.