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AFP
Philippine Airlines exits US bankruptcy
Philippine Airlines has said it has emerged from bankruptcy after a US court approved its plan to slash up to $2 billion in debt and obtain additional capital.
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The Daily Beast
OMG, I Want to Rent That House: Tulum, Mexico
Courtesy KocomoCasa Sol Penthouse, Tulum, Mexico (Airbnb): Before the Era of Covid began, Tulum was a former hidden gem that was becoming more than a little exposed. Everyone who was anyone was dashing off to the Riviera Maya for some much needed rest and relaxation (capped off by a heavy dose of tequila, we can only assume). But just because Tulum has now firmly taken its place as a hotspot doesn’t mean you should skip it, even if you are trying to find somewhere off the beaten path to take a l
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Motley Fool
You Can Now Invest in Vacation Rental Properties for as Little as $250
It has always been my dream to own a vacation rental property. Unfortunately, a few drawbacks to owning a short-term rental property have kept me from fulfilling that dream. Republic is a marketplace that allows non-accredited investors (i.e., those without a high income or a high net worth) to invest in highly vetted opportunities in start-ups, real estate, video games, and cryptocurrency.
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Orlando Sentinel
Disney World: Typhoon Lagoon reopens with the new year
ORLANDO, Fla. — Walt Disney World is reopening Typhoon Lagoon as the new year dawns. The water park had been closed since the beginning of the resort’s pandemic shutdown in March 2020. Disney lists popular attractions such as Crush ‘n’ Gusher, Miss Adventure Falls, Castaway Creek, Humunga Kowbunga and the surf pool as returning upon reopening. It will also restart surf lessons and private …
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Associated Press
Cathay Pacific suspends cargo flights due to virus controls
Hong Kong’s Cathay Pacific Airlines is suspending cargo flights for a week due to stricter quarantine requirements for air crews, potentially adding to strain on global supply chains. Long-haul flights to Europe, across the Pacific and to Riyadh and Dubai are suspended through Jan. 6, the airline said Thursday. Hong Kong is tightening up virus restrictions after confirming its first cases of community transmission of the omicron variant of the coronavirus on Friday, tied to a Cathay Pacific crew member who had returned from the United States on Christmas Day.
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GOBankingRates
The 10 Best Places To Buy a Vacation Home in 2021
If you’ve thought about buying a second home as a vacation property, now may be a good time to do so. According to a recent report by Redfin, second-home buyer demand is slowing down, which will open…
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Reuters
Morocco’s tough COVID restrictions hammer tourism sector
Businesses working in Morocco’s key tourism sector say the country’s tough COVID-19 restrictions, including a full flight ban, are undermining its competitiveness compared to rival destinations. Morocco shut its borders in late November and will only reopen them at the end of January. “These restrictions are unjustified and they have made Morocco lose tourists to Mediterranean competitors such as Egypt and Turkey,” said Lahcen Zelmat, head of Morocco’s hotel federation.
New Year’s Travel Nightmare Amid Cancellations And Delays – Yahoo News
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