Younger families are increasingly turning to timeshares, a service offered by Travel + Leisure Co. (TNL), which recently topped earnings estimates for the...
), which recently topped earnings estimates for the first quarter. Travel + Leisure CEO Mike Brown joins Yahoo Finance to discuss the company's niche in the vacation ownership market and broader travel trends.
The post-pandemic transformation of work has boosted the company's length of stay, the CEO explains, with consumers getting away from the office earlier and working remotely toward the end of the week. Accommodations like timeshares that offer more space"are at the front end" of what consumers desire for future vacations, Brown adds.
A “life and death race” has begun to unfold in the world’s largest market for electric vehicles. Many players won’t reach the finish line.
Japanese automaker Honda has announced a $15-billion plan to build four new electric vehicle manufacturing plants in Ontario. Mike Drolet reports on the federal government's efforts to re-energize Canada's auto sector, and the reasons why Honda chose Ontario.Enormous investments in EV technology shook the automotive industry in both Canada and the U.S. this week. Honda promised to spend $15 billion in Ontario on Thursday morning.
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