sees

Kauai sees spike in COVID-19 cases following relaxed travel restrictions

In just three weeks the number of confirmed COVID-19 cases on Kauai since the pandemic began had jumped from 199 to 289 as of Monday, sending residents flocking to get tested, closing at least one bar and ratcheting up pressure on residents to get vaccinated. On Sunday an employee at Kauai’s jail also tested positive for the virus, setting off mass testing at the facility and raising the prospect of yet another major coronavirus outbreak at one of the state’s correctional facilities.

The small island has weathered the pandemic remarkably well with low case numbers and just two deaths. But

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Demand may exceed supply as CEO of one of the world’s biggest hotel groups sees ‘surge’ in bookings

Travel and tourism will begin to bounce back by second half of 2021, according to data seen by Keith Barr, chief executive of Holiday Inn owner Intercontinental Hotels
IHG,
+1.67%

(IHG).

But the boss of one of the world’s largest hotel groups warns about capacity constraints across the industry, in an interview with MarketWatch, and says the rollout of COVID-19 vaccines is behind a “surge” in bookings at hotels, airlines and tour operators.

“If a market is open for travel we are seeing surges in leisure demand,” he says. “Talking to airline CEOs, and seeing our industry data, you’re seeing

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Vacasa CEO sees an ‘epic summer’ for vacation rentals

The COVID-19 pandemic has supercharged the market for short-term vacation rentals, and experts say demand is showing no signs of slowing down.

“This is going to be an epic summer,” says Matthew Roberts, CEO of the vacation rental management company Vacasa. He tells Yahoo Finance Live that reservations are at an all-time high as pandemic-weary travelers seek out vacation rentals with space, privacy and pools.

“We’re up 213% March of 2021, over March of 2019, and we’re also seeing really high rates, higher rates than 2019 and higher occupancy as well. So business is booming,” he said.

Record demand combined

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Vacasa CEO sees an ‘epic summer’ for its vacation rental reservations

Matt Roberts, Vacasa CEO, joins Yahoo Finance’s Alexis Christoforous and Kristin Myers to discuss vacation rental trends in the upcoming months and Vacasa’s latest acquisition.

Video Transcript

KRISTIN MYERS: Well summer is on the way and people are traveling at some of the highest levels since the pandemic began. So let’s bring in Matthew Roberts, CEO of the vacation rental platform Vacasa. So Matthew, we have so much to talk to you about, including an acquisition that you guys made. But I want to start with how Vacasa has been doing lately, if you guys have seen an uptick in

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Boeing sees uptick in airplane orders as travel picks up

Boeing orders picked up in March, fueled by a major deal with Southwest Airlines that helped to offset another round…

Boeing orders picked up in March, fueled by a major deal with Southwest Airlines that helped to offset another round of cancellations for its 737 Max airliner.

Boeing said Tuesday that it received 196 orders in March, including the previously announced 100 from Southwest, while losing 156 to cancellations. Turkish Airlines scrapped most of a commitment for 50 Max jets, replacing some with options.

The net gain of 40 orders raised Boeing’s first-quarter total to 76.

Boeing orders have plummeted

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Tourism rates fall but outdoor recreation sees massive increase over the last year

LA CROSSE, Wis. (WXOW) – A study by the 7 Rivers Alliance on tourism and economic numbers across the region found in 2020 the tourism rates fell greatly but outdoor activity rates skyrocketed.

The 7 Rivers Alliance is a regional economic development organization that serves eight counties in Western Wisconsin, two counties in Northeast Iowa, and three is Southeastern Minnesota.

Chris Hardie, CEO of 7 Rivers Alliance, explained that he works with economic development and tourism partners throughout the region to help grow their economy.

“Tourism is a very important economic development tool in our region and it has a

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