from yachts to the United Nations

from yachts to the United Nations

Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an office for that matter — isn’t an option. A year of travel Name: Sebastian ModakJob: Train New York Times “52 Places … Read more

Ain Dubai, the world’s largest ferris wheel, is opening in Dubai

Ain Dubai, the world's largest ferris wheel, is opening in Dubai

Ferris wheels were once the center of the town fair. Now they are key parts of major metropolitan skylines. But none can top the heights of the Ain Dubai — meaning “Dubai Eye” in Arabic — which is scheduled to open on Oct. 21. With a height of 820 feet, it will be the tallest … Read more

Dubai Airports traffic may reach pre-Covid levels in early 2024: CEO

Dubai Airports traffic may reach pre-Covid levels in early 2024: CEO

Air passenger traffic in Dubai may reach pre-pandemic levels in 2024, a year earlier than previously expected, Dubai Airports CEO Paul Griffiths said. Karim Sahib | AFP | Getty Images Air passenger traffic in Dubai may reach pre-pandemic levels in 2024, a year earlier than previously expected, Dubai Airports CEO Paul Griffiths said. “We recorded … Read more

Is Japan open to travelers? Some locals not ready to reopen borders

Is Japan open to travelers?  Some locals not ready to reopen borders

As countries across Asia reopen to international travelers, Japan — one of the continent’s most popular destinations — remains firmly closed. That may soon change. Prime Minister Fumio Kishida announced Thursday at a news conference in London that Japan will ease border controls in June. Locals often celebrate the easing of pandemic-related border restrictions, but … Read more

Dubai opens 200-foot deep pool with underwater ‘sunken city’

Dubai opens 200-foot deep pool with underwater 'sunken city'

Dubai is already home to the world’s tallest building. Now it can lay claim to the world’s deepest diving pool too. Deep Dive Dubai opened on July 7, just 10 days after being named the world’s deepest diving pool by the Guinness World Records. The new indoor pool is nearly 200 feet deep and holds … Read more

NYC hotel and tourism business has long road to recovery: study

NYC hotel and tourism business has long road to recovery: study

New York’s world-renowned hotel and tourism industry has a steep climb to bounce back to its pre-pandemic glory days — with hotel business travel revenue expected to be 55% lower in the Big Apple market this year than in 2019, a sobering new industry analysis reveals. The report by the American Hotel & Lodging Association … Read more

Sky-High Vaccination Rates and Zero Taxes Make Dubai a Pandemic Boomtown

Sky-High Vaccination Rates and Zero Taxes Make Dubai a Pandemic Boomtown

DUBAI—This city-state of skyscrapers and Persian Gulf beaches is emerging as a pandemic boomtown, drawing in the ultrarich, entrepreneurs and tourists with open-border policies, high levels of vaccination and low Covid-19 infection rates. This year, thousands of millionaires have relocated to the city and the wider United Arab Emirates, drawn by zero income tax and … Read more

Stocks Close Higher, Extending Last Week’s Gains

Bond Yields Jump, Stock Futures Rise After Powell Says Fed Is Ready to Be More Aggressive

US stocks rose and government-bond yields jumped, as investors shook off concerns that rising inflation will drag the nation’s economy into a recession. Tuesday’s moves had all three US indexes up at least 2.6% for the month so far, building on last week’s gains. The Dow Jones Industrial Average rose 254.47 points, or 0.7%, to … Read more

Barry Diller’s Gambling License Is Delayed by Regulator Over Investigation Into Trading

Barry Diller's Gambling License Is Delayed by Regulator Over Investigation Into Trading

The top gambling regulator in Nevada on Thursday delayed MGM Resorts MGM -0.55% International stakeholder Barry Diller’s licensing after federal authorities launched insider-trading investigations into his share purchases of Activision Blizzard Inc. Nevada Gaming Commission Chairwoman Jennifer Togliatti in a public meeting ordered that Mr. Diller’s application to be in the casino industry undergo “further … Read more