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Richardtauff
03 Jun 2025 - 03:28 pm
The American ‘revenge travel’ surge is over. Fear and uncertainty are big factors
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Francisco Ayala and his wife have canceled the cruise they planned to take to see the Northern Lights this year. The reasons are complicated.
Ayala is a natural-born US citizen, and his wife is a naturalized citizen. But given reports of people — even with legal status — being detained and questioned at US borders, Ayala said taking a trip out of the country for fun doesn’t seem worth the potential risk.
Ayala also sees another problem: the economy. “The writing is on the wall … The moment I saw the market volatility, I’m like, ‘Yep, this is not going to be good.’”
Travel advisers are seeing the impact of that uncertainty. More than 80% of the 460 advisers surveyed recently by TravelAge West were “very” or “somewhat” concerned about the impact of a possible economic downturn on their business, and more than half were “very” concerned about the impact of government policies.
Their clients’ top concern was economic uncertainty, followed by worries about the treatment of Americans abroad, safety and security, fears of cost increases due to tariffs, immigration and border policies, and travel restrictions.
“You can’t just take one angle and say, ‘Oh, the economy is having an issue. So let’s find something less expensive,’” said Beci Mahnken, CEO of MEI-Travel. Other clients say, “‘I don’t want to travel to the United States,’ or ‘I don’t want to travel outside the United States.’ … It’s like a rock tunnel, going and going.”
One shaft of light at the end of that tunnel could be savings on last-minute summer trips as travelers increasingly take a wait-and-see stance with their plans.
Hitting a ‘brick wall’
Mahnken first saw signs of trouble in early April, when US stocks plunged over fears of a chaotic trade war.
Mahnken and her travel agency staff started getting phone calls from clients, calling to cancel vacations they had booked or seeking refundable trips. She said they were fearful because their 401(k)s and other investments had taken a dive. That uncertainty, she says, made them pause on discretionary spending like a summer trip.
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Until that moment, Mahnken said, the frenzy of heightened “revenge travel” activity that started after pandemic restrictions lifted had not slowed over the course of four years.
“We were still on this incredible high,” Mahnken said. “And then … it almost hit a brick wall.”
Flight analytics firm Cirium pulled flight booking data from online travel agencies from the end of January through early May, when people typically book summer trips. That data, which Cirium shared with CNN, indicates that bookings for travel in June, July and August are down nearly 10% when looking at flights from major US airports to favorite European destinations, compared to the same period last year.
Flights booked in the opposite direction from Europe to the US are down 12% in the same period. That substantial drop is unusual, according to Jeremy Bowen, CEO of Cirium.
“We don’t often see it as wholesale as this and over such a short period of time. Really, that Q1 booking is really quite substantially lower since the beginning of the year,” said Bowen.
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03 Jun 2025 - 11:52 am
Taylor Swift has been subpoenaed in the case between Blake Lively and Justin Baldoni.
Swift – a longtime friend of Lively’s – was first mentioned in connection to the ongoing legal dispute between Lively and her “It Ends with Us” director and costar when text exchanges were revealed to include the name “Taylor” as part of Baldoni’s $400 million defamation countersuit against Lively and her husband Ryan Reynolds in January.
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One of the text messages included in Baldoni’s suit appears to show an exchange between Baldoni and Lively about the script for the film: “I really love what you did. It really does help a lot. Makes it so much more fun and interesting. (And I would have felt that way without Ryan and Taylor),” Baldoni wrote with a wink emoji. “You really are a talent across the board. Really excited and grateful to do this together.”
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A spokesperson for Swift on Friday told CNN, “Taylor Swift never set foot on the set of this movie, she was not involved in any casting or creative decisions, she did not score the film, she never saw an edit or made any notes on the film, she did not even see ‘It Ends With Us’ until weeks after its public release, and was traveling around the globe during 2023 and 2024.”
“The connection Taylor had to this film was permitting the use of one song, ‘My Tears Ricochet.’ Given that her involvement was licensing a song for the film, which 19 other artists also did, this document subpoena is designed to use Taylor Swift’s name to draw public interest by creating tabloid clickbait instead of focusing on the facts of the case,” the spokesperson added.
CNN has reached out to representatives for Baldoni for comment.
When reached for comment later on Friday, a spokesperson for Lively said Baldoni and his legal team “continue to turn a case of sexual harassment and retaliation into entertainment for the tabloids.”
Jamespah
03 Jun 2025 - 11:35 am
Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action.
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—
Crashing waves, glistening sea spray, a calm expanse of deep blue. These are the images that open “Ocean with David Attenborough,” the veteran broadcaster’s latest film. After decades of sharing stories of life on our planet, he tells viewers that: “The most important place on Earth is not on land but at sea.”
The film — released in cinemas today and available to stream globally on Disney+ and Hulu in June — coincides with Attenborough’s 99th birthday, and describes how the ocean has changed during his lifetime.
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“Over the last hundred years, scientists and explorers have revealed remarkable new species, epic migrations and dazzling, complex ecosystems beyond anything I could have imagined as a young man,” he says in a press release. “In this film, we share those wonderful discoveries, uncover why our ocean is in such poor health, and, perhaps most importantly, show how it can be restored to health.”
The feature-length documentary takes viewers on a journey to coral reefs, kelp forests and towering seamounts, showcasing the wonders of the underwater world and the vital role the ocean plays in defending Earth against climate catastrophe as its largest carbon sink.
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But the ocean also faces terrible threats. The film was shot as the planet experienced an extreme marine heatwave and shows the effects of the resulting mass coral bleaching: expansive graveyards of bright white coral, devoid of sea life.
Extraordinary footage shot off the coast of Britain and in the Mediterranean Sea shows the scale of destruction from industrial fishing. Bottom trawlers are filmed towing nets with a heavy chain along the seafloor, indiscriminately catching creatures in their path and churning up dense clouds of carbon-rich sediment.
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Eduardoguawl
03 Jun 2025 - 10:58 am
Taylor Swift has been subpoenaed in the case between Blake Lively and Justin Baldoni.
Swift – a longtime friend of Lively’s – was first mentioned in connection to the ongoing legal dispute between Lively and her “It Ends with Us” director and costar when text exchanges were revealed to include the name “Taylor” as part of Baldoni’s $400 million defamation countersuit against Lively and her husband Ryan Reynolds in January.
кракен
One of the text messages included in Baldoni’s suit appears to show an exchange between Baldoni and Lively about the script for the film: “I really love what you did. It really does help a lot. Makes it so much more fun and interesting. (And I would have felt that way without Ryan and Taylor),” Baldoni wrote with a wink emoji. “You really are a talent across the board. Really excited and grateful to do this together.”
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A spokesperson for Swift on Friday told CNN, “Taylor Swift never set foot on the set of this movie, she was not involved in any casting or creative decisions, she did not score the film, she never saw an edit or made any notes on the film, she did not even see ‘It Ends With Us’ until weeks after its public release, and was traveling around the globe during 2023 and 2024.”
“The connection Taylor had to this film was permitting the use of one song, ‘My Tears Ricochet.’ Given that her involvement was licensing a song for the film, which 19 other artists also did, this document subpoena is designed to use Taylor Swift’s name to draw public interest by creating tabloid clickbait instead of focusing on the facts of the case,” the spokesperson added.
CNN has reached out to representatives for Baldoni for comment.
When reached for comment later on Friday, a spokesperson for Lively said Baldoni and his legal team “continue to turn a case of sexual harassment and retaliation into entertainment for the tabloids.”
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03 Jun 2025 - 02:16 am
Stargate Finance: The Future of Cross-Chain Liquidity
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Stargate Finance is a leading protocol in the decentralized finance (DeFi) space, specializing in seamless cross-chain liquidity transfer and asset swapping. Its innovative solutions, including Stargate Bridge, Stargate Swap, and Stargate Crypto Bridge, aim to revolutionize how users interact with multiple blockchain ecosystems.
Stargate Finance Overview
Stargate Finance provides a unified platform that enables users to transfer assets across different blockchains efficiently and securely. By leveraging its Stargate Bridge and Stargate Swap functionalities, the protocol ensures high liquidity, low slippage, and fast transaction speeds, making cross-chain DeFi more accessible.
Stargate Finance Bridge
The Stargate Bridge is a core component that facilitates cross-chain asset transfers. It allows users to move tokens from one blockchain to another without the need for multiple steps or intermediaries. The bridge is designed for security, speed, and minimal slippage, supporting a wide range of assets.
Stargate Crypto Bridge
Stargate Crypto Bridge refers to the broader infrastructure that enables the transfer of various cryptocurrencies across different chains. It supports interoperability between multiple blockchain networks, allowing users to leverage DeFi opportunities regardless of the native chain of their assets.
Stargate Swap
Stargate Swap is a decentralized exchange (DEX) feature that allows users to swap tokens directly across different chains. It combines liquidity pools with cross-chain capabilities, enabling efficient and low-cost token swaps without leaving the Stargate ecosystem.
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03 Jun 2025 - 01:06 am
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03 Jun 2025 - 12:32 am
Orbiter Finance: Connecting DeFi Ecosystems
Orbiter Finance is a cutting-edge decentralized finance (DeFi) platform focused on interoperability, liquidity, and seamless asset transfer across multiple blockchains. Its suite of tools and protocols, including Orbiter Swap, Orbiter Fi, and Orbiter Bridge, aims to enhance user experience and expand DeFi capabilities.
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Orbiter Bridge Finance encompasses the entire cross-chain transfer and interoperability infrastructure provided by Orbiter. It integrates with Orbiter Swap and Orbiter Fi to create a unified DeFi experience, allowing users to access liquidity, earn yields, and swap tokens across different blockchain ecosystems efficiently.