Travel & Leisure

A $12 billion loss for 2020, Delta is cautious in early 2021

By magenet 1 week ago

Delta Air Lines closed the books on a disastrous 2020 with a comparatively small fourth-quarter loss, and executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and testing might salvage something of the upcoming summer travel season.

Delta on Thursday reported a quarterly loss of $755 and $12.4 billion in losses for all of 2020. It is the largest annual loss in the history of the airline, which dates to the 1920s, and the global pandemic ended a decade in which Delta churned out a profit each and every year.

The fourth-quarter numbers likely would have been worse but for a December increase in air travel that likely contributed to another surge in virus infections as millions crossed the country to spend time with family and friends during the holidays.

Delta is the first major U.S. airline to report year-end financial results and the

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COVID-19 travel restrictions by state: See testing, quarantine requirements

By magenet 1 week ago

The U.S. is still setting new COVID-19 death records, even as vaccines are rolling out across the country. And approximately 1 in every 15 Americans had tested positive for the coronavirus that cause COVID-19 as of Saturday evening, according to data from Johns Hopkins University. The U.S. surpassed more than 22 million cases Saturday.

With those grim stats in mind, many states are still imposing stay-at-home orders and travel restrictions.

Some states are discouraging interstate travel by requiring or recommending that visitors and residents returning from other states quarantine. Others allow visitors to present a recent, negative coronavirus test in lieu of the quarantine. A few also require travelers to fill out health questionnaires when they arrive.

Some counties or municipalities have issued similar advice to travelers, so anyone looking to go on a road trip or take a vacation should check government websites for their destination and anywhere

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Aloha, aliens? Glowing blue UFO spotted in Hawaii sky

By magenet 2 weeks ago

2020 went out with a weird vibe in Hawaii.

Last week, on Dec. 29 at roughly 8:30 p.m, eyewitnesses on the Hawaiian island of Oahu spotted a UFO in the night sky, prompting several 911 calls, Travel + Leisure recently reported.

The UFO had a glowing blue color and an oblong shape, witnesses said. As reported by Hawaii News Now, the UFO, which was caught on video, was described by one onlooker as “larger than a telephone pole.” It sailed across the sky for several miles before crashing into the ocean, witnesses said.

Honolulu police reported the UFO sightings to the Federal Aviation Administration.

“Law enforcement contacted the Federal Aviation Administration the night of Tuesday, Dec. 29, about a witness report of a possible plane down in that area,” FAA spokesperson Ian Gregor told USA TODAY. “We followed up on the report but had no aircraft disappear off radars,

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Wyndham Destinations, in Travel + Leisure Purchase, Looks Beyond Its Timeshares

By magenet 2 weeks ago

Courtesy Wyndham Destinations

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Timeshare company

Wyndham Destinations

is getting set for a post-Covid world.

In a move to broaden its reach and change its brand, Wyndham Destinations (ticker: WYND) earlier this week agreed to a $100 million deal with

Meredith

(MDP) to buy Travel + Leisure, which operates an eponymous and well-regarded media platform and several travel clubs.

Wyndham Destinations next month will change its name to Travel + Leisure Co. and trade under the stock ticker TNL. However, the timeshare business, which will remain the company’s primary focus, will continue to operate under the Wyndham Destinations name.

“With the acquisition of Travel + Leisure, we begin to address the approximately 100 million households that travel outside of the timeshare space,” Michael Brown, CEO of Wyndham Destinations, told Barron’s in an interview Thursday.

Wyndham Destinations, based in Orlando, Fla., will make a $35 million payment to Meredith at

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