T. Boone Pickens sees companies exporting natural gas and importing oil from OPEC, saying, "We’re gonna go down as the dumbest crowd in history that’s ever come to town."
AAA reports that 34.9 Americans will travel over Memorial Day weekend. Insight on Summer spending, with Robert Darbelnet, American Automobile Association president/CEO.
Hotel room rates have risen in the last year but they are still down 10% from before the 2008 economic downturn, Arne Sorenson, president of Marriott International, told CNBC Thursday.
The results from some new tests that give doubters on the safety of small cars some pause, with CNBC's Phil LeBeau.
European luxury hotels recorded strong growth in 2010 which continued into the first quarter of this year, driven by travelers from outside Europe returning to the region, new research showed.
WD-40 was founded in San Diego in 1953. With a staff of three, the company set out to create a line of rust-prevention solvents and degreasers the aerospace industry. Now half of the company’s business is outside of the US.
General Motors says it will add 2,500 jobs at a Detroit-area plant that now makes the Chevrolet Volt electric car.
Some consumers have said enough is enough to repeated fare hikes and are changing their plans.
Once again, Americans are being warned about travel abroad, but conditions in the U.S. may warrant concern as well.
The International Energy Agency (IEA) Governing Board, warned on Thursday that rising oil prices are still affecting the global economic recovery, despite recent drops in the price, and urged oil producing countries to take action to lower the price of oil.
March figures show that gaming revenue on the Las Vegas Strip rose 13 percent from a year ago. Now the city that brought you "What Happens in Vegas, Stays in Vegas" is launching a new campaign: "Life is Short, Summer is Shorter."
Travelers will book one-third of their travel plans online by the end of next year. But online travel pioneer Orbitz expects to see competitors as some airlines try to cut out the online middleman.
Ecotravel has gone from luxury to the low end, and everywhere in between.
The American economy has lost out on a half trillion dollars in travel and tourism after the terror attacks on Sept. 11, 2001, led to tighter visa requirements for many foreigners.
The lack of a free market for U.S. airports has many industry analysts calling for a dramatic change—deregulation. But one recent attempt for privatization failed, leaving the concept up in the air.
It's the best time in years to sell your car. People are holding on to cars and trucks for about a year longer than they did before the recession, which has created a tight supply of used vehicles. So few are on the market that prices have risen to their highest in at least 16 years.
China’s high-speed railway system, the largest-ever transportation infrastructure project in history, is presenting opportunities for global investors, says Jerry Lou, China Strategist at Morgan Stanley.
With gasoline prices over $4 dollars a gallon in many states and pushing $5 in a few others, auto travel is much more expensive than a year ago.
The summer season is almost here and the Air Transport Association of America (ATA), estimates that an average 2.4 million people will fly every day this summer. Could investors benefit from an increase in travel demand?
The global travel industry is coming off of one of its worst downturns in history. Now, from corporate road warriors to families in minivans, people are on the move again. Check out our special report on the travel business.