SWISS offers new pre-selection meal option for Business Class travellers on long-haul flights – Breaking Travel News



SWISS offers new pre-selection meal option for Business Class travellers on long-haul flights  Breaking Travel News



Source link

Business Highlights: Inflation gauge, summer travel costs


___

Key inflation gauge slowed to still-high 6.3% over past year

WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020. The report added to other recent signs showing that while high inflation continues to cause hardships for millions of households, it may finally be moderating, at least for now….

READ MORE

___

Key inflation gauge slowed to still-high 6.3% over past year

WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020. The report added to other recent signs showing that while high inflation continues to cause hardships for millions of households, it may finally be moderating, at least for now. The report also showed that consumer spending rose by a healthy 0.9% from March to April, outpacing the month-to-month inflation rate for a fourth straight time. The ongoing willingness of the nation’s consumers to keep spending freely despite inflated prices is helping sustain the economy.

___

Prepare for sticker shock if you are traveling this summer

DALLAS (AP) — If you haven’t booked your summer vacation plans, you are already too late to snag the best deals, according to travel experts. Airfares are up, hotels rates are up, and airlines are bracing for a big summer. High prices are not the only thing travelers need to worry about. Airlines have thousands fewer employees than they did before the pandemic, and that means they could struggle to handle the expected crowds. Consumers seem to be taking it all in stride. Airlines say bookings are running at record levels, and spending on U.S. flights is running ahead of 2019 levels.

___

Wall Street breaks 7-week losing streak, longest since 2001

NEW YORK (AP) — Stocks rose on Wall Street Friday and closed higher for the week, breaking a seven-week losing streak, the longest such stretch since 2001. The S&P 500 rose 2.5%, increasing its gain for the week to 6.6%. That’s the biggest weekly gain for the benchmark index since November 2020. Technology stocks were a big factor pushing the market higher. That sent the Nasdaq composite up 3.3%. The Dow Jones Industrial Average rose 1.8%. Retailers also made solid gains. The yield on the 10-year Treasury note, which helps set mortgage rates, slipped to 2.74%. U.S. crude oil prices rose.

___

‘We don’t have food’: African leaders meet as crises grow

DJIBO, Burkina Faso (AP) — African leaders have gathered for a summit in Malabo, Equatorial Guinea, to address growing humanitarian needs on the continent, which is also facing increased violent extremism, climate change challenges and a run of military coups. Leaders on Friday called for increased mobilization to resolve a humanitarian crisis that has left millions displaced and more than 280 million suffering from malnourishment. For people in Djibo in northern Burkina Faso, help can’t come soon enough. The city in the Sahel region has been besieged since February by jihadis who prevent people and goods from moving in or out and have cut water supplies. Residents are suffering with no food or water, animals are dying and the price of grain has spiked.

___

G-7 pledges put coal on notice, could boost climate aid

BERLIN (AP) — Officials from the Group of Seven wealthy nations have announced they will aim to largely end greenhouse gas emissions from their power sectors by 2035. The move makes it highly unlikely that those countries will burn coal for electricity beyond that date. Ministers from the G-7 countries meeting in Berlin on Friday also announced a target to have a “highly decarbonized road sector by 2030.” That means electric vehicles would dominate the new car sales by the end of the decade. The G-7 also recognized for the first time the need to provide developing countries with additional financial aid to cope with the loss and damage caused by global warming. The agreements were largely welcomed by climate advocates.

___

Biden renews sanctions license for Chevron in Venezuela

MIAMI (AP) — The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation. The license issued Friday by the U.S. Treasury Department allows the California-based Chevron and other U.S. companies to perform only basic upkeep of wells it operates jointly with state-run oil giant PDVSA. Some in the Biden administration had been pushing for an expanded license so that Chevron would be allowed to resume exports and ease pricing pressure at American pumps.

___

Tribal request to halt Arizona copper mine work is denied

TUCSON, Ariz. (AP) — A federal judge has rejected a request by Native American tribes to stop Toronto-based Hudbay Minerals Inc. from preparing a planned new Arizona copper mine’s site in the Santa Rita Mountains near Tucson. U.S. District Judge James Soto refused to issue a temporary restraining order and dismissed the lawsuit filed by the Tohono O’odham, Pasqua Yaqui and Hopi tribes and the group Save the Scenic Santa Ritas. Soto’s ruling Monday said Hudbay’s surrender of a suspended Clean Water Act Permit for a nearby project named the Rosemont Mine removed the lawsuit’s legal basis because the projects were not legally related.

___

Alaska’s largest natural gas utility being sold for $800M

ANCHORAGE, Alaska (AP) — The owner of the largest natural gas utility in Alaska says it is selling the company to Canada-based TriSummit Utilities Inc. The Anchorage Daily News reports the deal is worth $800 million. AltaGas Ltd. says the sale will include Anchorage-based ENSTAR Natural Gas, its associated pipelines and ENSTAR’s majority ownership in a gas storage facility. AltaGas is also based in Canada. It acquired Enstar in 2012. TriSummit has about 133,000 customers in Canada. ENSTAR has about 150,000 customers in Anchorage and parts of south-central Alaska. The companies expect the sale to close by early next year. ENSTAR Natural Gas has about 200 employees.

___

The S&P 500 rose 100.40 points, or 2.5%, to 4,158.24. The Dow Jones Industrial Average gained 575.77 points, or 1.8%, to 33,212.96. The Nasdaq surged 390.48 points, or 3.3%, to 12,131.13. The Russell 2000 index of smaller companies jumped 49.62 points, or 2.7%, to 1,887.86.

Copyright
© 2022 . All rights reserved. This website is not intended for users located within the European Economic Area.





Source link

6 Tips for a Smooth, Stress-Free Business Trip


Article written by Andres Zuleta, the Founder of Boutique Explorer


Do you have an upcoming business trip? Whether you are traveling across the country to showcase your product to a potential supplier or meeting with manufacturers in a different continent, it is paramount to do a bit of pre-planning for your trip. This will help ensure that your travel experience is well-organized, streamlined and, most importantly, enjoyable. The last thing you want to do is take a business trip that causes you nothing but stress and aggravation.

In my journey as the founder of Boutique Explorer (a company that plans private luxury trips around the world), I know how important pre-planning is for a successful trip. So to help with your travel plans, here are some of my own tried-and-true tips for a smooth and stress-free business trip:

Less Time, More Structure

To make the most of your valuable time, I recommend planning short but highly efficient business trips. For example, I’ll often go to Mexico City for just two days or Tokyo for four days. I find that with less time, I’m able to achieve more with less energy.

To make this work, organize your days strategically, such as by scheduling meetings for each meal (for example, a breakfast or coffee meeting, a lunch meeting and a dinner networking session). I have found that this makes business trips extremely productive, and you should still have some time in between to rest, exercise or catch up on other work.

Book Comfortable Accommodations

As a business owner, you are likely always thinking about your enterprise’s bottom line and may therefore be tempted to just book a cheap hotel. After all, you won’t be spending much time there. However, staying in uncomfortable accommodations can make your trip a lot less enjoyable and prevent you from getting the deep, rejuvenating sleep you need to be on top of your game for the next day’s business activities.

Because of this, I always find it’s worth spending a bit extra to ensure you’ll have a truly restful place to recuperate, whether it’s a hotel or Airbnb. This way it’s also a treat to head back to your accommodations to recharge in between meetings. Obviously, location is essential too, to save time and energy shuffling back and forth.


Con Digital Spine, los clientes de Aeroméxico y Delta hacen check-in desde sus dispositivos. (Photo: via iStock / Getty Images Plus /j acoblund).
A business traveler checking into a hotel. (Photo via iStock / Getty Images Plus /j acoblund)

Book Pleasant Flights

Yes, the flight from NYC to California with two layovers may save you some money. But what’s the point in exhausting yourself with various connections and stopovers if you’ll not only lose time but also be less fresh for your business trip? Even though it’s pricier, always go for nonstop flights when possible. Maximizing your own time and energy (and minimizing travel time) is a worthwhile investment.

Organize a Thorough Itinerary

There’s a time and a place for just winging it, and a business trip is not it. You don’t have to make a spreadsheet if that’s not your thing, but at the very least write out your schedule for each day in your phone’s notes app or even on paper. Think about your day in chunks: on certain days, it may make sense to plan down to the minute, while on others you may just schedule fewer, longer meetings.

Walk yourself through each day and think about logistics, too. Will you need a rental car? Make sure to rent one well in advance. If you’re driving from place to place, will traffic be an issue? Check Google Maps at different times of the day, and give yourself some buffer time. If you’re scheduling meetings at restaurants or coffee shops, don’t leave it to chance: make reservations when possible.

I’m a planner by nature and profession, but if every single second of my day is pre-planned, it can feel claustrophobic. So I also make sure to include some unstructured windows of time (to relax, explore, exercise or just take a nap). It’s not a vacation, but decompressing a little helps keep me sharp and motivated during a busy business trip.

Pack Travel Gear Wisely

There are so many products out there that can help make your business trip more comfortable, stress-free and pleasant. Here are some travel essentials that I always bring with me on my own business travels:

Noise-Canceling Earbuds

I’ve looked at larger noise-canceling headphones, but because they take up so much space, I love my compact noise-canceling earbuds. There are cheaper options that offer some noise-canceling functionality, but if you love music or are sensitive to sounds, go higher-end with a headphone company that actually specializes in hi-fi audio. The noise reduction will work better and make it far more pleasant to relax, sleep, work or watch movies during your flight.

Portable Charger

This is a no-brainer! When you are traveling to a meeting, it can be stressful when your phone or tablet battery is low and you don’t have ready access to an outlet. The one thing to always remember before your trip is to make sure your portable charging device is fully charged. For most trips, just one charge on the device can provide multiple charges for your phone. Buy one that is as small and light as possible, as some models are fairly heavy.

Toiletry Bag With Leak-Proof Toiletry Bottles

The last thing you want is for a cheap drugstore toiletry bottle to leak in your luggage and all over your clothes. Even for business trips, I recommend purchasing a set of toiletry bottles designed for active outdoor adventures. They will seal beautifully and prevent even the slightest leak!

Shirt Protector

Whether you’re traveling with a duffel bag or rolling suitcase, I recommend using a slim shirt protector, which keeps button-down shirts nicely folded and generally wrinkle-free. If you’re a stickler for wrinkle-free clothes, you may still need to do some ironing when you reach your destination, but on the whole, it’s a time-saver and also helps make packing smoother.


travel toiletries
Travel toiletries. (Photo via nadisja / iStock / Getty Images Plus)

Enjoy Yourself

Since I’m in the travel industry, my business trips tend to be enjoyable by nature: I’m usually meeting guides and local experts, checking out hotels and restaurants and exploring cities – all for research. But no matter what industry you’re in, I recommend breaking up meetings with other fun activities to make the most of your trip and keep you relaxed. For example, see friends where possible, splurge on a massage, go kayaking after your trade show, check out a local street fair or do something else to take a break from pure business. Trust me, you will leave your trip much more fulfilled!

To Wrap It All Up

Pre-planning is absolutely essential for a smooth and stress-free business trip. To make the most of your business travels, plan for less time and more structure, book comfortable accommodations and select pleasant flights. Also, put together a thorough itinerary and bring along helpful travel gear. Finally, add in some leisurely activities so that you can enjoy yourself! Following these tips should help you have a relaxing, hassle-free and delightful travel experience.





Source link

Business Travel Accessibility Still a Hurdle


Doing that likely will require a host of conversations and an effort to learn about those other “lived experiences.” Crohn has engaged in that process with her DEI lead at Coverys and come away with new perspectives, she said.

“I now look at every single thing I do through the lens of inclusivity, and I did not do that prior to two years ago,” she said. “I didn’t even know what it meant.”

Crohn specified the ways she now picks menus to be gluten free and provide choices that adhere to common restrictions like nuts or certain meats. She provides opportunities in the registration process for participants to share information that will improve their experience as an attendee. Most importantly, for Crohn, it’s about creating an environment of inclusivity for all while remaining mindful of attendees unique needs.

“I really look at it through the eyes of, ‘Am I being inclusive of as many people as possible?’ And if the answer is no, what do I need to change or what approach can I adjust or who else can I bring into this conversation to make it more inclusive?”

Evans said it’s not necessary to “boil the ocean” in one go, and one small change at a time is better than none at all. “On a scale of one to five, we all start at zero,” she said. Over time, small changes can accumulate to new models that organizations can apply to more situations, including how they work with travel and meeting suppliers.  

Partnering for Progress

Suppliers are taking note. Choice Hotels International head of associate diversity, equity and belonging Corinne Abramson told BTN, “We have an associate resource group that’s dedicated to ensuring within our organization that we think about the business in regard to including people with all different kinds of abilities.” Choice calls the group Enable, and Abramson said it continuously reviews Choice’s offerings to ensure the company is thinking about all those lived experiences. “For example, do we have within our large meetings the ability to have closed captioning? What is the technology that we’re offering, and what options can we toggle on for folks, and how do we make [those options] available?”

Meetings technology provider Cvent also has advanced its accessible options, and the company is working to further accessibility and inclusivity for meetings and events.

It recently hired Stephen Cutchins as senior product manager for accessibility to ensure Cvent technology platforms consider usability from the perspective of those who are blind, deaf or have physical disabilities. The company incorporates Web Content Accessibility Guidelines, as defined by the Web Accessibility Initiative of the World Wide Web Consortium, that level the playing field for such users.

“They are pretty technical standards and not a lot of people know about them,” said Cutchins, citing best practices around color contrast standards, images and “alt text” that make images not only readable but meaningful within the context of the other content on the page. “There are 78 ‘success criteria’ defined in WCAG 2.1, and we have a third-party firm reviewing our technology so that we can be transparent about not only what we are doing well but also where we fall short. Because we know we aren’t perfect, but building an awareness around this type of usability is critical for us so our own users can reach as many people as possible.”



Source link

Jane Young: Cost-saving tips on travel to Europe | Business


This is an excellent time to start planning for a trip to Europe. You will experience fewer crowds than before the pandemic and most countries have relaxed COVID restrictions and requirements, making it easier to visit your favorite sites.

One of the biggest expenses associated with travel abroad is airfare; this is especially true with the recent increases in airline tickets. Using miles to purchase your airline ticket is one way to save money on this expense.

Consider signing up for one or two airline loyalty programs and credit cards that provide a sign-up bonus. For example, the American Airlines Aviator Master card issued by Barclays is currently providing 50,000 bonus miles and the United Airlines MileagePlus Visa Card issued by Chase provides 60,000 bonus miles, if you spend $3,000 within the first three months.

If you plan ahead, you can generally purchase a round-trip ticket in economy or one way-ticket in business class to Europe for 60,000 miles. You will continue to earn miles by using your airline card for ongoing expenses. Just be sure to pay the entire balance at the end of the month.

The key to saving on travel is to be flexible with your dates and locations. You can save by flying during the shoulder season, between mid-April to early June and late August to early October. Flights to Europe are even cheaper as you move later into the fall and winter. The day of the week you book your flight does not really matter, but the cheapest days to fly are Tuesday, Wednesday and Saturday. It is best to book your international flight about three to four months in advance.

However, due to the limited availability, tickets purchased with miles need to be secured earlier. Major airlines such as American and United begin selling tickets about 330 days before a flight. To purchase a business-class ticket for a reasonable number of miles and a decent itinerary, you need to buy them as soon as they become available.

You can also save money or increase your chances of purchasing a good ticket with miles if your travel dates are flexible and you are flexible with your departure and arrival airports. It is generally cheaper to fly to Europe from a major international airport. Rather than booking a flight from a small regional airport, it may be cheaper to book a separate ticket on a commuter flight or drive to the nearest international airport and fly to Europe from there.

Additionally, search for the cheapest arrival city within Europe. It is easy and inexpensive to travel between cities in Europe by train or on discount airlines; Ryanair, EasyJet and Wizz Air are a few low-cost options. For example, if you are going to Rome, it may be cheaper to book an international flight to London and take a separate flight on a discount carrier from London to Rome rather than flying directly into Rome.

Jane Young is a fee-only certified financial planner. She can be reached at [email protected]



Source link

Share tip: Moneysupermarket is a stock for hard times | Business


Is Moneysupermarket silently egging on recession? The comparison site thrives on Britons having emptier wallets. “Start saving serious money today,” screams its home page. Compare your car, home, life, pet and travel insurance, it begs. Find a good broadband, mobile, credit card or loan deal.

Amid the soaring cost of living, more of us will now be using its services to save money, bolstering the commission it slices from each purchase. This makes Moneysupermarket — whose shares are down 37 per cent over the past 12 months, closing last week at 173p — an obvious buy right now.

And yet it is not all systems go for the site. Revenues from energy, which contributed £70 million to turnover in 2020, have fallen to nothing over



Source link

Business class travel tips and tricks and more news from this week





Business class travel tips and tricks and more news from this week




















Advertiser Disclosure



Many of the offers that appear on this site are from companies from which The Points Guy UK receives compensation. This compensation helps pay the costs associated with running our website, and does not result in any additional fees to you. This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.

Editorial Note: The Points Guy UK is independent; the opinions published here are always those of the reviewer, who has final editorial approval. The information, including card rates, product pricing and fees, presented in the review is accurate as of the date of the review – please check product pages for the most current information.



Source link

Domestic and short-haul business trips back to 2019 levels


For the first time since the pandemic, domestic and short-haul business flight bookings have returned to 2019 levels, according to new research released on Thursday from the Mastercard Economics Institute. Long-haul traffic, however, remains considerably down on pre-pandemic volumes.

The report, which integrates booking data from Mastercard transactions as well as IATA passenger data and Google Community Mobility Reports, highlighted the cautious return of business travel.

A surge at the end of March 2022 saw overall global business flight bookings inch just above 2019 levels for the first time since the pandemic. In comparison, at their lowest in 2022 (mid January) business flight bookings were roughly half of pre-pandemic levels.

In Europe, domestic and short-haul business travel surpassed 2019 levels in April by 30 per cent and 37 per cent, respectively. Medium-haul was just below (-5 per cent), and long-haul travel lags behind (-46 per cent), but an upward trajectory continues.

This is similar to global recovery trends, where short- and medium-haul business travel are at +24 per cent and -5 per cent of pre-pandemic levels, respectively. However, long-haul is improving at a slightly faster pace (-8 per cent), largely driven by an uptick in Asia Pacific in late April, where bookings climbed to 11 per cent of 2019 figures. 

Beyond travel restrictions, the report identified how new ways of working are affecting business travel, with business flight bookings underperforming in markets with the most work-from-home labour forces. 

Other headwinds include ongoing uncertainty surrounding Covid-19 variants and a rise in airline operating expenses and, therefore, airfares. However, price increases are not consistent across all markets. In the UK, France, Greece, Italy, Spain and Switzerland prices at the end of April were below 2019 levels. Meanwhile, price in Germany, Norway, Turkey and Hungary were more expensive.

“Like any flight, the travel recovery has faced both tailwinds and headwinds,” said Natalia Lechmanova, senior economist, Europe and Middle East Africa at Mastercard. “The resilience of the consumer and the desire to return to ‘normal’ and make up for lost time gives us optimism that the recovery will continue, even if there are bumps along the way.”



Source link

MUSIC BUSINESS NEWS: Imagine Dragons pays off venue mortgage • Sustainable music travel guide • Bandsintown hits 70M users • YouTube live shopping • more


With the internet and digital technologies driving rapid change within the music industry, articles about new releases and who has been hired and fired are no longer enough. Our up to the minute industry news alongside insightful commentary helps our readers sift through the rumors and developments to find the information they need to keep their businesses moving forward.

Hypebot is read daily by more than 30,000 music industry professionals including executives and senior staff of music related tech firms, internet based music sites, every major label group and most indies as well as many managers, artists and members of the live music community:

Contact us for the latesst stats, ad rates and sponosorship opportunites. We also offer combined rates with MusicThinkTank.



Source link

Better Business Bureau offers tips on avoiding summer travel scams


RALEIGH, N.C. – Traveling soon? BBB Serving Eastern North Carolina is warning consumers about travel scams that lost consumers an average of almost $3,200 per report, according to data provided from BBB Scam Tracker.

Scammers often take advantage of consumer habits and capitalize on trending internet searches, enticing consumers with great deals to popular destinations or all-inclusive packages. While these scams persist year-round, they often increase in frequency during periods of increased travel, such as spring break and the holiday or summer season.

When planning an event or looking for a good deal for a family vacation or getaway, BBB encourages people to plan ahead to save money, avoid scams, and travel safely. 

Scammers will often target people looking for great deals online by offering tempting vacation packages at unrealistically low prices. One place to begin an online search is BBB.org for finding reputable travel agencies, agents and websites.

BBB adds the following tips to help ensure an enjoyable vacation:

  • Plan ahead. Allow plenty of time to research hotels, flights, and the area where you will be staying. Typically, the earlier reservations are made, the better the deals and the lower the risk of the destination being booked solid. Making reservations in advance also locks in rates and prevents higher prices later during prime spring break, peak summer, or holiday travel seasons.
  • Avoid broad internet searches. Entering phrases like ‘best deals’ into whichever search engine used can sometimes bring up websites that look official, but are designed solely to rip people off.
  • Be alert for travel scams. Watch out for phone calls or letters claiming a ‘free trip’ or websites offering prices that appear too good to be true. It’s easy to extend questionable offers like these, but the vast majority of them leave hopeful travelers in limbo – and out moneyLearn more about travel scams here.
  • Do your homework. Ask family and friends to recommend a travel agent or travel website and visit BBB.org for free Business Profiles. Research the business and read customer reviews about any rentals under consideration. 
  • Get trip details in writing. Before making a final payment, get all the details of the trip in writing. This should include the total cost, restrictions, cancellation penalties, and names of the airlines and hotels. Also, review and keep a copy of the airline’s and hotel’s cancellation and refund policies, as well as the cancellation policies of the travel agency or booking site used.
  • Consider travel insurance. Travel insurance covers things like trip cancellations or medical emergencies. There are different levels of coverage based on what type of plan purchased. Ask a lot of questions, and always read the fine print to see what’s covered and what’s not.
  • Pay with a credit card. Paying with a credit card provides additional protection if something should go wrong with the travel reservation.
  • Planning to travel internationally? Check to see if there are any advisories affecting Canada and the U.S. Travel Association for any issues that may impact the trip.

No matter when or where you are traveling, take extra precautions:

  • Wait to post on social media. It’s fun to post adventures with friends and family, but wait until getting back from the trip. Photos and social media posts of the family having a great time also lets thieves know the house is empty.
  • Check your home insurance. If your home will be unattended while away, make sure you know your responsibilities under your home insurance policy. Some policies do not cover damage if nobody checks on your home for a certain amount of time.
  • Share a copy of the itinerary with a family member or close friend. Include the contact information of someone joining you on your trip.
  • Take a map. People rely heavily on smartphones and GPS. Consider having an atlas or hard copy map just in case of technical difficulties or lack of service. 
  • Check the weather conditions where you will be traveling and pack appropriate supplies and clothing.
  • Avoid traveling alone. Use the buddy system and stick with the group.





Source link