Thursday, December 1, 2022

BBBY: 3 Home Improvement Stocks to Sell as Inflation Rages On - StockNews.com

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BBBY – The home improvement industry has been witnessing a challenging year due to skyrocketing inflation, a slowing housing market, and tighter spending on home improvement budgets. As inflation continues to take a bite out of homeowners’ pockets, we think it could be wise to sell home improvement stocks Bed Bath & Beyond (BBBY), Purple Innovation (PRPL), and Kirkland’s (KIRK). Read more….
Sep 27, 2022
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The consumer price index (CPI) increased 8.3% year-over-year in August. The higher-than-expected inflation paved the way for the Fed to lift interest rates by 75 basis points last week. The central bank also hinted at maintaining its hawkish stance, raising inflation concerns.
Surging inflation and interest rates are taking a bite out of homeowners’ budgets and have weighed significantly on the home improvement sector. Several homeowners have delayed big renovation projects as prices for building materials, fixtures, and appliances jumped, impacting builders and remodeling contractors hard.
Furthermore, the growth in homeowner spending for improvements and repairs is expected to soften during the first half of the next year. According to the Leading Indicator of Remodeling Activity (LIRA), year-over-year gains in remodeling expenditures for owner-occupied homes will decline from 17.4% this year to 10.1% by the first half of 2023.
Given this backdrop, we think it could be wise to avoid fundamentally weak home improvements stocks Bed Bath & Beyond Inc. (BBBY), Purple Innovation, Inc. (PRPL), and Kirkland’s, Inc. (KIRK).
Bed Bath & Beyond Inc. (BBBY)
BBBY is an omnichannel retailer offering a range of domestic merchandise such as bed linens, bath items, kitchen textiles, home furnishing items, and various juvenile products. The company sells its products through its website and under ten brands: Bee & Willow, Marmalade, Nestwell, Haven, Simply Essential, Our Table, Wild Sage, Squared Away, Studio 3B, and H for Happy.
In the fiscal first quarter that ended May 28, 2022, BBBY’s net sales decreased 25% year-over-year to $1.46 billion. Its gross profit declined 44.9% year-over-year to $349.31 million, while its operating loss widened 371.9% from the year-ago value to $339.16 million. BBBY’s adjusted net loss came in at $225.23 million, compared to an adjusted net income of $4.93 million in the year-ago period.
Also, its adjusted EBITDA loss came in at $223.54 million, compared to an adjusted EBITDA of $86.07 million in the same quarter last year. The company’s adjusted net loss per share amounted to $2.83, compared to an EPS of $0.05 in the prior year period.
Analysts expect BBBY’s EPS to be negative for the quarter that ended on August 31, 2022. Its revenue is expected to decline 27.1% year-over-year to $1.45 billion in the about-to-be-reported quarter. BBBY has missed the consensus EPS estimates in each of the trailing four quarters.
BBBY has declined 72.2% over the past year to close the last trading session at $6.37.
BBBY’s POWR Ratings reflect this bleak outlook. The stock’s overall D rating translates to Sell in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
It has an F grade for Stability and Sentiment and a D for Growth, Momentum, and Quality. It is ranked #58 of 62 stocks in the Home Improvement & Goods industry. Click here to see BBBY’s rating for Value.
Purple Innovation, Inc. (PRPL)
Comfort solutions provider PRPL is engaged in the designing and manufacturing of various branded and premium comfort products, including mattresses, pillows, cushions, bases, and sheets. It markets and sells its products through direct-to-consumer online channels and wholesale channels.
PRPL’s net revenue decreased 21.1% year-over-year to $144.11 million in the second quarter that ended June 30, 2022. Its gross profit declined by 40.2% from its year-ago value to $48.81 million. The company’s adjusted net loss amounted to $8.83 million compared to a net income of $3.56 million in the year-ago period.
In addition, its adjusted EBITDA loss stood at $298K compared to an adjusted EBITDA of $11.02 million in the year-ago period. Also, its adjusted net loss per share came in at $0.11 versus an adjusted EPS of $0.05 in the same quarter last year.
Street expects PRPL’s loss per share to remain negative for fiscal 2022. Its revenue is expected to decline 18.5% year-over-year to $139.14 million for the quarter ending September 30, 2022. It has failed to surpass the EPS estimate in three of the trailing four quarters.
Shares of PRPL have declined 82.7% over the past year. It closed the last trading session at $3.89.
PRPL’s POWR Ratings reflect its poor prospects. The company has an overall F rating, equating to a Strong Sell in our proprietary rating system.
PRPL has a D grade for Growth, Stability, Sentiment, and Quality. Within the same industry, it is ranked #60. To see additional POWR Ratings of PRPL for Value and Momentum, click here.
Kirkland’s, Inc. (KIRK)
KIRK operates as a specialty retailer of home decor and gifts in the United States. It offers a selection of merchandise, including holiday decor, furniture, textiles, wall decor, decorative accessories, art, mirrors, fragrances, and other home decorating items.
For the fiscal second quarter that ended July 30, 2022, KIRK’s net sales decreased 11% year-over-year to $102.10 million. Its gross profit declined 53.3% from the year-ago value to $18.53 million. The company’s adjusted operating loss and adjusted net loss widened significantly year-over-year to $20.75 million and $16.66 million, respectively.
In addition, its adjusted EBITDA loss came in at $16.41 million, compared to an adjusted EBITDA of $5.08 million in the year-ago period. Also, its loss per share came in at $1.31, down significantly year-over-year.
The company’s EPS for the third quarter ending October 31, 2022, is expected to be negative. The consensus revenue estimate of $135.21 million for the current quarter indicates a 5.9% decrease from the same period last year. KIRK failed to surpass the EPS estimate in three trailing four quarters.
The stock has lost 83.6% over the past year to close the last trading session at $3.18.
KIRK’s POWR Ratings reflect this bleak outlook. It has an overall F rating, equating to a Strong Sell in our proprietary rating system.
It has an F grade for Stability and Sentiment and a D for Growth, Momentum, and Quality. Again, in the same industry, it is ranked #59. Click here to see KIRK’s rating for Value.
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BBBY shares were trading at $6.46 per share on Tuesday afternoon, up $0.09 (+1.41%). Year-to-date, BBBY has declined -55.69%, versus a -22.54% rise in the benchmark S&P 500 index during the same period.
Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions. More...
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Organic & Natural Health Association surpasses fundraising goals for Williams-Franklin Foundation, doubles down on commitment - Nutritional Outlook





© 2022 MJH Life Sciences and Nutritional Outlook. All rights reserved.
© 2022 MJH Life Sciences and Nutritional Outlook. All rights reserved.

The Association has raised $55,205 two years into its five-year fundraising goal to create opportunities in the natural products industry for students of historically black colleges and universities.

The Organic & Natural Health Association has surpassed its five-year goal of raising a minimum of $50,000 for the Williams-Franklin Foundation (WFF) in less than two years since it made the commitment in 2021. The Association has raised $55,205 with the help of various natural products industry events and supports, and have raised awareness for opportunities in the natural products industry for students of historically black colleges and universities.
“This is exactly what we were hoping for,” said Karen Howard, CEO and executive director of Organic & Natural Health, in a press release. “It was important to our association to do more than talk about lack of representation in the industry, but rather take action and create an effort that the entire industry could embrace and collaborate on together.”
Major industry organizations including AIDP, Atrium Innovations, Barrington Nutritionals, Council for Responsible Nutrition, Health Wright Products, Informa Markets, Mercola, Natural Grocers, New Hope Network, Nordic Naturals, Pitch Publicity, Purity Products, RedLeaf Biologics, RFI Ingredients and What’s Up With Supps have sponsored, partnered or supported the WFF “Organic & Natural Health Scholarship Fund,” which has supplied seven scholarships, to date, to HBCU students interested in pursuing health and wellness careers, with more scholarship recipients being announced later this year.
“It’s been rewarding to work with so many industry leaders on this effort. We continue to put the invitation out there to participate and be part of this systematic change that is needed in our industry,” said Howard. “The first opportunity to meet the Williams-Franklin Foundation founders in person, while supporting the Organic & Natural Health Scholarship Fund will be at NBJ Summit. We have doubled our fundraising goal and want to raise a total of $100,000 by the end of the summer. This will significantly fast track our original initiative by providing HBCU students more opportunities to pursue careers in our industry.”
WFF’s founders Dwight and LaShelle (Williams) Franklin, both HBCU graduates, will share their story in person at NBJ Summit from 11:35 to 11:50 AM PT, on July 26 (both in-person and virtual conference attendees will be able to view this presentation). One-on-one meetings with the Franklins at NBJ Summit may be arranged during the conference through Organic & Natural Health. For those interested in supporting the cause, following the NBJ Conference, on July 28, What’s Up With Supps will host an industry-wide networking event to benefit WFF’s “Organic & Natural Health Scholarship Fund.” Additionally, Red Lead Biologics has partnered with Organic & Natural Health during the 2022 fundraising events to entice more participation from the industry by offering WFF donors the opportunity to participate in an all-expenses paid trip to Lexington, Kentucky’s “All Jockey Access” at the Keeneland’s Fall Race Meet.
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Wednesday, November 30, 2022

Bonnaroo 2023: Dates confirmed for next year's music festival - Tennessean

It's never too early to start planning for Bonnaroo
With dust still settling from this year's psychedelic summer camp, organizers of Bonnaroo Music & Arts Festival confirmed Monday that the four-night rural romp plans to return to Great Stage Park — AKA "The Farm" — next summer. 
Bonnaroo returns June 15-18, 2023, according to a post from the festival on Twitter. More information — including a lineup and ticket packages — should be released in the coming months. 
Bonnaroo 2022:10 of the best performances from the festival's return
Read this:Bonnaroo turns 20: How does this year's fest compare to the early days?
After a two-year hiatus due to COVID-19 and flooded campgrounds, Bonnaroo roared back in June with headliners Stevie Nicks, J. Cole, Tool, Machine Gun Kelly and more. Hulu livestreamed the show for at-home viewers, a first for the tenured Tennessee event. 
Bonnaroo takes place in Manchester, Tennessee, roughly 70 miles south of Nashville. 

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State of Travel 2022: New Skift Research - Skift Travel News

Access exclusive travel research, data insights, and surveys
Access exclusive travel research, data insights, and surveys
Varsha Arora, Seth Borko & Wouter Geerts, Skift Research
October 17th, 2022 at 11:00 AM EDT
So much has happened in the travel industry in recent years. This new report by Skift Research puts perspective on those dizzying changes by providing definitive and data-driven insight into the current state of the travel industry, and the trends that will shape the future.
Varsha Arora, Seth Borko & Wouter Geerts, Skift Research
The travel industry has never been more relevant than it is today. But it took a near-total absence of mobility for the world to realize just how important travel is to us — to our economy, to our personal fulfillment, to how we work, and to how we socialize.
The travel industry grew from a mere 25 million international trips in the 1950s to a whopping 1.4 billion by 2019. It accounted for nearly one in 10 jobs globally before the pandemic. Travel powered international business and cross-cultural exchange. And then it all stopped. Not since World War II has the global travel industry been in such a turbulent state as we have witnessed over the past years. Covid-19 put a near total halt to international travel.
But the pandemic also created a moment for self-reflection and innovation. It created new patterns of behavior as travel became more local and domestic, with a greater reliance on ground transportation, and a move away from crowds and busy hotels. People started working from home, and were able to fit more travel into a more flexible lifestyle. And traveling for business purposes came back differently, as environmental and cost concerns put pressure on companies to consider how many trips could be substituted by Zoom.
In this new report, Skift Research draws on its own research and third-party data sources to chart travel’s path into the future — quite literally: there are more than 180 of them in this deck! Some parts of the world, and some travel sectors, are fully recovered, and are experimenting with new means and modes of travel. In other regions and sectors, the recovery has yet to begin in earnest. The report covers all major travel sectors and geographies, highlighting the most important trends, and providing insights into where the industry has come from, and where it is going.
Skift Research subscribers can access the report here.
Not a subscriber yet? Get a free copy of the report here.
Skift Research’s 180-slide overview of the business of travel, covering consumer and macroeconomic trends, and performance analysis of all travel sectors.
CORRECTION: An earlier version of this story stated that international travel grew to a whopping 2.4 billion trips by 2019. It was 1.4 billion trips.
Skift Research’s 180-slide overview of the business of travel, covering consumer and macroeconomic trends, and performance analysis of all travel sectors.
Varsha Arora, Seth Borko & Wouter Geerts, Skift Research
October 17th, 2022 at 11:00 AM EDT
Tags: airlines, car rentals, climate change, consumer travel trends, coronavirus recovery, cruise, hotels, short-term rentals, skift research, tour operators, tours and activities, venture capital

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Renewed Products

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Tuesday, November 29, 2022

Reddit Acquires Audience Research Provider 'Spiketrap' to Help Evolve its Ad Targeting Tools - Social Media Today

Reddit’s continues to refine its ad targeting and optimization tools, this time via the acquisition of ‘audience contextualization company’ Spiketrap, which will help to improve Reddit’s graph understanding and relevance matching processes, powering better ad results.
As explained by Reddit:
“Reddit is home to the most passionate and engaged conversations on the internet and as we continue to scale our business, we are constantly looking for ways our partners can tap into the unique power of Reddit and reach relevant and leaned-in audiences. We expect Spiketrap’s technology will help improve Reddit ad relevance and performance through upleveled targeting, quality scoring, and engagement prediction.
Spiketrap uses AI-powered systems to maximize ad placement relevancy, based on a broad range of signals that factor into its process.
For example, Spiketrap’s Clair AI system monitors in real-time for trending stories, and then maps them against online community engagement to better map information flows.
As per Reddit:
Spiketrap has a proven track record for empowering brands and platforms to better understand and engage their audiences through AI-powered contextual analysis and tools. Bringing the team and technology into Reddit will enhance our interest and contextual targeting capability, improve ad quality scoring, and boost prediction models for powering auto-bidding, with the aim of ultimately driving higher return on investment and improved solutions for our advertisers.
The acquisition is Reddit’s latest integration designed to improve its ad systems, with the platform also buying machine learning platform Spell back in June and natural language processing company MeaningCloud in July.
In combination, these tools will help Reddit improve its understanding and targeting tools, which will facilitate more targeted ad campaigns, based on real-time engagement and activity.
And with over 100,000 active and engaged Reddit communities, focused on a wide range of topics, that could be very helpful in detecting the latest discussions of relevance for your brand and products.
It’ll be interesting to see how Reddit’s overall ad system evolves in the next few months, as it works to merge its acquisitions into a more focused process.
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Traveling This Fall? Here’s What to Expect - The New York Times

Sept. 9, 2022
After a haywire summer of flight cancellations and delays, travelers remain eager to roam, returning to familiar hot spots like New York, Europe and the Caribbean. Here’s what they can expect this season.
Flying has been maddeningly unpredictable. Airline and hotel prices remain high. And inflation has forced many people to cut back on appliances and new clothes. Delayed vacations, conventions and weddings have led to booked resorts and hotels, creating a sort of seasonal drift that has forced travelers to pay summer prices for fall trips.
Still, more than 60 percent of Americans said they plan to travel this fall, compared with 54 percent of respondents last year, according to TripAdvisor, the travel site, which surveyed 2,700 would-be travelers across six countries about their plans this season.
And 66 percent of those respondents said that they planned to spend more money traveling this fall than they did last year, said Brian Hoyt, a spokesman for TripAdvisor. “Travel is not going to be one of those things that they pull back on,” Mr. Hoyt said. “They’re still going to travel even knowing that they’re going to spend more than the year before.”
Some are willing to splurge on flights to Italy and Turks and Caicos and excursions like ATV tours of the Mojave Desert in Nevada. Others are paying to clean up beaches in Barcelona or help restore coral reefs in the Caribbean, vacations crafted as “nature positive tourism.”
How much will you spend if you travel this fall? It depends. Cruise deals are still plentiful, but hotel prices are stubbornly expensive. Airline tickets, while cheaper than this summer, are still higher than they were before the pandemic.
And don’t expect the cancellations and delays that infuriated travelers in recent months to stop anytime soon. “While things have improved since early summer, airline cancellations are still going to be a factor for fall travel,” said Eric Jones, co-founder of The Vacationer, an online travel guide.
What else can you expect this fall?
Cancellations. Lost luggage. Flight delays and endless waits for customer service. Even the official in charge of regulating civilian aviation in the United States hasn’t avoided the chaos. “Airlines need to step up their game,” said Pete Buttigieg, the U.S. transportation secretary, who faced multiple cancellations and delays this summer. Still, he’s optimistic that flying will improve this fall. “I do think that a better situation is within reach,” he said.
Airline executives, labor unions and industry analysts agree: Fall travel should be better than summer travel. They do not agree on how much better. But most concur that the issues that must be addressed, include: not enough staff, too many cancellations and delays, problems with refunds and terrible customer service.
On the question of whether airlines have enough staff, Airlines for America, a trade organization representing seven major U.S. carriers, says yes, they do. “This summer, carriers have proactively adjusted their staffing models to ensure they are adequately staffed for each flight,” a spokeswoman wrote in an email.
Union leaders agree that staffing is adequate, but only on “blue sky days,” the term Gary Peterson, the international vice president of the Transport Workers Union of America, which represents more than 70,000 airline workers, uses for those 24-hour periods when nature works in airlines’ favor. “But when weather hits, they don’t have enough reserves,” he said.
“I believe airlines have taken steps to make things better, but it’s fragile,” said Sara Nelson, the international president of the Association of Flight Attendants-C. W. A., the largest flight attendants’ union. Even before the pandemic, staffing for roles ranging from pilot to wheelchair handler was stretched thin, she said. In order to minimize the ripple effect when something goes wrong, it’s critical to maintain staffing above the Federal Aviation Administration minimum, she added, something that has not happened for years.
A second concern: Have airlines stopped selling more flights than they can handle? Or will they continue with the pandemic trend of canceling flights that they should have never scheduled? Several analysts were optimistic that the airlines had learned from their mistakes. American Airlines, for example, recently slashed 16 percent of its November flights, according to Cirium, a travel analytics company. John Grant, a senior analyst for OAG, a travel data company, noted that cancellation rates were far lower in July and August than earlier in the year. Still, the delay rate has recently hovered around 23 percent, higher than prepandemic times or last summer, according to FlightAware, a flight-tracking company.
The third issue: Will the refund, flight change and hotel voucher process get easier? Mr. Buttigieg is pushing forward several initiatives. One involves updating a federal policy guiding flight refunds. Under the current policy, airlines are supposed to reimburse passengers for flights that have been canceled or “significantly changed.” But carriers have long exploited ambiguity around the term. The proposal, which he will revisit in November, codifies the conditions under which refunds must be paid.
Last week, the Department of Transportation launched a dashboard that Mr. Buttigieg called “a tool for transparency,” outlining the services that each airline has committed to provide when flights are altered for reasons within their control.
Some analysts said that these measures are weak, particularly in contrast with Europe, where airlines must pay travelers — on top of refunds — for certain types of cancellations. Recently, more than 30 state attorneys general blasted the Department of Transportation for failing to keep up with “escalating issues” and argued that they should take over enforcement of consumer protection laws affecting travelers. Some lawmakers have also suggested that airlines should be fined for treating passengers poorly, given the billions of dollars in government pandemic aid they’ve received.
Finally, there is the matter of customer service: Will Thanksgiving week be filled with nightmarish stories of unanswered calls to alter a flight or locate a lost bag? On this front, labor representatives and industry analysts agree: It’s unlikely to get better soon. Airlines see customer service as an area to slash, not grow, costs. — Heather Murphy
Excepting foliage destinations and convention cities, fall has historically been a value-seeker’s season. Across the industry, many prices this year will follow the same pattern. But inflation and other pandemic-related effects mean some deals are weaker.
Consider airfare. The typical seasonal decline between summer and fall fares, according to the booking app Hopper, is 10 to 15 percent. This year it is 37 percent, falling to $238 for an average domestic round-trip ticket. But that doesn’t mean fares are cheaper, only that the difference between summer and fall fares is much greater.
“Fall 2022 looks very different, and the main reason is how high airfare got this summer,” said Hayley Berg, the lead economist at Hopper, noting that summer airfares were more than double 2019 rates.
Airlines are also maintaining capacity cuts this fall to control costs, according to Helane Becker, a research analyst with the investment banking firm Cowen. “The lowest fares I’ve seen for fall are $59 one way and there are only a few seats available at that rate, up from $39 or $49 in the past,” Ms. Becker said.
On the hotel front, travelers should expect to pay close to prepandemic rates this fall. The steady rebound of business travel is bolstering big cities and may diminish fall deals in urban areas. In the latest figures available, average daily rates nationally have climbed year-to-date to roughly $147 in July, compared with $132 in July 2019, or nearly equal to prepandemic prices when adjusted for inflation, according to the hotel benchmarking firm STR. The firm is forecasting a continued recovery for hotels, with occupancy up five points this year over last.
Popular resort destinations may be more expensive, too. Most of October remains high season at the Camden Harbour Inn in coastal Camden, Maine. But its hefty rate hike this year of more than 20 percent to an average of $688 a night in part reflects higher wages, Covid absences, and increased expenses for everything from electricity to linens.
Don’t expect any steals in vacation rentals either. AirDNA, which analyzes the short-term rental market, has average fall rates outpacing fall 2021. The average October rental domestically was recently about $258 a night compared with $243 in 2021 and $195 in 2019.
Rental car rates, however, will be better, but still much higher than they were before the pandemic. This fall, average rentals are 18 percent cheaper than in summer, according to Autoslash, a free service that monitors car rental bookings and flags them for rebooking when rates drop. But prices are still 52 percent higher for the period over 2019, thanks to fleet downsizing.
“We don’t expect rental rates to come back down to 2019 levels anytime soon, if ever,” said Jonathan Weinberg, the founder of Autoslash.
Still, fall remains a good time to ride the value of a strong dollar, trading now at parity with the euro. Among new international low-cost carriers, Norse Atlantic Airways recently started service from New York’s Kennedy International Airport to Berlin starting at $132 one way.
Generally speaking, if you don’t like rates now, don’t expect them to improve. Pandemic uncertainty — including concerns over new variants and trip cancellations — have abbreviated booking windows to often just a few weeks out, meaning rates could rise dramatically in the coming month. — Elaine Glusac
The popularity of ecotourism has hardly waned since the term rose to prominence a generation ago. But a new framing has emerged that puts a bigger onus on the travel industry to examine its complicated relationship with the natural world. Say hello to “nature positive tourism.”
The idea is “a long overdue reinvention of ecotourism,” said Justin Francis, who advises the British government on nature and business and serves as chief executive of Responsible Travel, a travel company based in Britain.
“Ecotourism was about ‘take only photos, leave only footprints’ — it was basically ‘leave no trace,’” said Mr. Francis, adding that the concept applied only to nature-based tourism, not to things like city breaks or cruises.
“But when we look at the problems that we as an industry create for nature, we realize that they come from all types of tourism,” he said. “It’s not just a question of a few ecolodges getting a bit more ambitious. If we’re to be nature positive, then every part of the tourism industry needs to step up.”
Scientists warn that we are in the middle of a mass extinction event. Between 1970 and 2016, the planet lost nearly 70 percent of its populations of wild mammals, fish, birds, reptiles and amphibians. Today, roughly one million species are threatened with extinction.
Tourism contributes to all the major drivers of species loss: Developers fill in marshlands to build resorts (land use change); tourists trample fragile coral reefs (overuse); cruise ships dump waste (pollution); visitors inadvertently carry the seeds of nonnative plants into nature reserves (invasive species); and flying emits greenhouse gasses (climate change).
Mr. Francis said that travel companies must understand their negative impacts. But, he added, travel — perhaps more than other sectors of the economy — can do a huge amount to support nature.
Jim Sano, vice president for travel, tourism and conservation at World Wildlife Fund, noted that tourism is the biggest market-based source of funding for protected areas around the world. He described projects in Mexico, Nepal and Namibia in which WWF has worked with travel industry partners to craft tourist experiences that support wildlife protection while also generating income for residents. “It’s creating a situation where wildlife is more valuable alive than dead,” he said.
So far, more than two dozen travel companies — including Exodus Travels, Journeys With Purpose and the Adventure People, as well as the airline Virgin Atlantic — have signed a “nature positive pledge” as part of the Get Nature Positive campaign, which Mr. Francis coleads as part of his work with the British government.
Several companies offer experiences that allow guests to enjoy nature while also protecting it. Rewilding Europe Travel offers wolf-tracking tours in Italy, bison-trekking trips in Romania and other experiences that support the “rewilding” of European landscapes. Responsible Travel, Mr. Francis’s company, sells trips that allow guests to support sea turtle conservation in Greece or spearfish nonnative fish off the coast of Belize.
Shorter experiences are also an option. Barcelona-based Authenticitys, which has signed the “nature positive pledge,” offers one- to three-hour “social impact experiences” in 40 cities in Europe and Latin America. They classify about two dozen of those activities as “nature positive.”
Elena Rodríguez Blanco, the founder of the company, said they initially wondered if people would pay to pick up trash on the beach in Barcelona (as part of a stand-up paddle boarding lesson), or to clean up a canal in Amsterdam (while taking a boat tour). But many guests have enjoyed their experiences so much that they have recommended similar activities that the company could offer in their own hometowns.
“That’s actually been a big part of our growth,” Ms. Rodríguez Blanco said. “It’s really rewarding.” — Paige McClanahan
After a frustrating summer, travelers trying to use mileage rewards this fall may find that their points go a long way — literally. Kyle Potter, the editor at Thrifty Traveler, a travel news website, said that when cash prices go up, it’s harder to use points or miles, as they’re either more expensive or less available. The inverse, he said, is also true: When flight prices decrease, as the travel booking platform Hopper predicts will happen to domestic flights this fall, it’s easier to use points.
“The summer was really tough, whether you were paying exorbitant cash prices or trying to put some points and miles to use and getting a whole lot of errors and empty dates,” Mr. Potter said.
But snagging deals may be more difficult as demand increases. According to a recent survey from Forbes Advisor, more than a quarter of Americans said they expected to pay for at least one trip using credit card rewards this year. And there’s clearly pent-up demand to spend points earned — and saved — during the pandemic. A spring 2021 survey from the personal finance site NerdWallet found that travel rewards credit-card holders had an average of nearly 65,000 points and miles banked.
Before booking a points redemption, you have to know when and where to look. Several airlines, like JetBlue Airways, typically offer flash sales in the fall, to entice travelers in a traditionally quieter season. While the cash deals are often tempting, the sales usually extend to reservations made with points, including on international flights.
A one-way flight from Fort Lauderdale, Fla., to Guayaquil, Ecuador, for instance, was priced at $100 or 4,600 TrueBlue points during the sale. TrueBlue is a revenue-based program, meaning the cost of award tickets is determined by the cash price of a ticket. After the sale, the price for that same route was $448, or 40,800 points.
Other carriers, such as Delta Air Lines and Southwest Airlines, regularly offer deals on short- and medium-haul flights. Delta’s SkyMiles are considered among the easiest to earn from its co-branded credit cards, ride-share apps, transfer partners and flights. Travelers looking for cheap, last-minute deals can find flights from New York to New Orleans, for instance, for as low as 11,000 miles round-trip.
But keep in mind that deals often come with restrictions like limited dates for your travel and what fare class you’ll be in (usually the lowest). For the New York to New Orleans flight, the low cost means you’ll get no miles for the trip or credit toward elite status, seats assigned after check-in and boarding last. A full-fare seat on the same flight costs 5,000 more miles.
To quickly find the best deals, travelers should look to fly from and arrive at a destination predominantly served by their preferred airline.
If United Airlines is your first choice, you may want to pick a United hub as your fall travel destination, such as Newark, Chicago, Washington-Dulles or San Francisco. Travelers can book award flights on partner airlines, too. In United’s case, travelers can book award tickets on Star Alliance carriers like Turkish Airlines or Lufthansa, which offers nonstop flights between the United States and Germany.
Using Air Canada’s Aeroplan program is one of the easiest ways to book flights on United Airlines, thanks to the Canadian carrier’s distance-based award chart, meaning that the number of points required to book an award is based on the distance between the origin and destination airport. Using British Airways’ Avios mileage program is one of the cheapest ways to fly short-haul domestic flights on American Airlines across the United States.
Mr. Potter recommends that travelers not tie their loyalty to an airline but to transferable points programs from credit card issuers. American Express Membership Rewards points can become, for instance, Marriott Bonvoy points, while Chase points can turn into Southwest points.
Travelers thinking ahead to winter 2022 and spring 2023 trips should start planning now, he said. “Now is this time to start coming up with a plan for how you want to get there,” Mr. Potter said, referring to travel destinations, “what points and miles you need to make that a possibility and start looking for those flights because they’re going to go fast.” — Victoria Walker
Cities remain a go-to. So do tropical places like the Caribbean and Cancun.
In 2020, travelers avoided urban centers for beach towns and national parks, where it felt like a safer place to go, said Brian Hoyt of TripAdvisor.
But by last fall, Las Vegas, New York City, and Orlando had supplanted places like Key Largo, Key West and Atlantic City, which were the top three destinations for travelers in fall 2020, according to TripAdvisor.
The trend is continuing: Las Vegas, Los Angeles, Denver, Orlando and New York are the five most booked destinations in the United States for fall, according to Hopper, a travel booking site. For international travelers, cities like San Juan, Puerto Rico; Cancun; Mexico City; Barcelona; and Rome are in the top 10, according to Hopper.
“What’s old is new again,” Mr. Hoyt said. “High-density population centers are back in vogue.”
But lower-key vacations are still a draw. Ocean City, N.J., a beach town of about 11 miles south of Atlantic City, was the top trending U.S. destination this fall based on the number of nights booked, according to Airbnb. That’s part of a growing trend to extend summer. There has been a surge of interest from visitors who flock to the eight miles of beach in September and October, when the summer crowds leave and the town hosts events like an antique car show and a huge block party and fireworks show, said Michele Gillian, executive director of the Ocean City Regional Chamber of Commerce.
Travelers remain eager to go to Europe, where demand for flights and hotel bookings is “on par” with 2019, said Kareem George, a travel adviser and the owner of Culture Traveler, a firm specializing in luxury trips.
“Italy is the standout,” Mr. George said, “which is not a surprise because Italy always is the standout.”
London, Paris, Munich, Copenhagen and Dublin were the top cities searched by people looking to travel between Sept. 6 and Nov. 15, according to Expedia.
The Amalfi coast in southern Italy and Santorini, a whitewashed Greek island in the Aegean Sea, are so popular this fall that travelers are struggling to find accommodations, said Charles Neville, a spokesman for Jayway, a boutique travel agency that specializes in European travel.
People are so eager to tour these destinations they are willing to spend $600 to $700 a night for accommodations that may not justify that amount, he said.
Mr. Neville said he is encouraging clients to book later in the fall when the weather is still pleasant and the crowds have abated, or to consider Sicily, Croatia and lesser known islands in Greece like Paros and Naxos. “Maybe that’s a way to have your Greek island vacation dreams come true without spending stupid amounts of money,” he said.
In the Americas, Mexico, the Dominican Republic, Colombia and Costa Rica are seeing more passengers book trips than they did in 2019, said Scott Keyes, founder of Scott’s Cheap Flights. The countries are easy to get to and airline tickets are generally cheap — round-trip fare from nearly anywhere in the United States to Colombia was selling for about $260 in August, he said.
“For a lot of folks, the trip they want to take as their first one back is fun, overseas, but not too far away,” Mr. Keyes said.
That sort of ease is what Silvia Sims, a retired sales manager who lives in suburban Detroit, said she and her three friends wanted when they began planning their fall trip last May. They settled on Jamaica, where Ms. Sims, 71, has traveled nearly a dozen times since the early 1980s but had not visited since April 2019.
“I’m going back to a place where I really love to visit and I feel safe,” she said. — Maria Cramer
Budget travelers and the crowd-averse have long embraced the fall shoulder season, when airfares and lodging rates tended to drop and visitors could enjoy quieter hiking trails and fewer tourists around the Eiffel Tower.
But flexible work, climate change and high-season hassles have pushed more travelers into fall, effectively extending summer and narrowing the bargain window ahead of the winter holidays.
“I am managing hotels for the past 20 years and never seen such a rush on rooms,” said Henrik Muehle, the general manager of Flemings Mayfair in London, noting that rates are, in most cases, double 2019 prices. “Guests don’t seem bothered,” he added.
Lingering consequences of the pandemic have encouraged the shift. At Little Gem Resorts on Nantucket and Martha’s Vineyard, Mass., the rise of fall bookings includes a surge of postponed weddings. Social events and business gatherings have picked up at the Inn at Perry Cabin in St. Michaels, Md., where September rates remain comparable to summer, averaging $850 to $900 a night, and won’t fall substantially until November, when they start at $340.
Thanks in part to flexible work policies, business has been so good at Four Seasons Resort and Residences Jackson Hole, in Jackson, Wyo., that the resort will forego its traditional three-week fall closure this year, and offer cycling and wolf-watching trips in Yellowstone National Park. “Guests are aspiring to be here when the crowds aren’t,” said Cory Carlson, the regional director of marketing for the resort.
Seasonal drift depends on location. Vrbo, the vacation home rental agency, said fall prices still drop as much as 25 percent compared with summer in some popular beach destinations.
In these climate-changing times, planning a trip around perfect weather seems futile. At Remote Lands, which specializes in Asia, bookings in Thailand in the traditional shoulder season, August through October, are up 25 percent.
“Prepandemic, the thought of a rain shower was something that clients would avoid and would shift their desired location or dates,” said Catherine Heald, the co-founder and chief executive of Remote Lands. “Now, clients understand that with climate change there is a chance that they may have blue skies throughout the stay and are ready and willing to travel.”
Other travelers continue to prioritize space and untrammeled access to nature, readily found in fall. In southern France, Coquillade Provence Resort & Spa will stay open this year from November to January, when temperatures are often more comfortable than summer, rather than closing as usual. Management plans to offer seasonal activities like truffle hunting.
“A lot of people are trying to experience the same thing at a much lower volume and without as many people around them,” said David Arraya, the general manager of Six Senses Ibiza off the coast of Spain, where the 2021 summer peak lasted to November.
Overtourism and climate-change impacts have disrupted tourism around Yosemite National Park in Northern California. Wildfires, the need for a reservation and fewer European visitors owing, in part, to a weak euro, have depressed summer numbers this year in Mariposa County, where the park is.
“Shoulder seasons are disappearing and peak seasons are not peak any longer,” said Jonathan Farrington, the executive director of Yosemite Mariposa County Tourism Bureau. “April through November is one season and December through March is shoulder season.”
He attributes the shift in part to younger people who visited the park during the pandemic and discovered its appeal in the calmer but still comfortable months, when tourism is more sustainable.
“If you have the ability to choose when to go outside of June, July and August,” Mr. Farrington added, “it’s the responsible thing to do.” — Elaine Glusac
In early October, Jess Field, her 9-year-old daughter and husband will spend four nights in Cabo San Lucas, Mexico, in a hotel with a balcony overlooking crashing waves. The luxury Hyatt hotel they booked goes for more than $1,000 a night, but it will not cost her anything; she will pay only the taxes on the family’s flights from Houston. This is because Ms. Field has a system for covering vacation costs with hotel and airline points, which she acquires by opening new credit cards with stellar welcome bonuses.
She is just one of many parents who will turn to points this fall. Last year, concerns about Covid were the primary reason that parents opted not to travel, according to several travel advisers. Now, as six-month-old babies are getting vaccinated, coronavirus cases are falling, restrictions are fading and inflation is driving up prices, money has become the main obstacle to booking trips, according to a study of 16,000 adults by Morning Consult, a market research company.
Ms. Field, who teaches a course on leveraging credit card offers, has found that families are eager to find creative ways to cover costs. A recent survey by Vacasa, a vacation rental site, reinforced this observation, finding that people with children were significantly more likely to have fall travel plans than people without.
“People want to travel, but they don’t have the budget and this allows them to have the best of both worlds,” Ms. Field said. In a recent week, around 180 students signed up for her Travel Hacking Mom course. This is more than she or her co-founders could recall enrolling during such a short period throughout the course’s four-year history.
Money concerns are not the only thing that has changed. Most children must now attend in-person school. This means less flexibility for travel. And yet, several travel agents said that they have noticed the pandemic has imbued parents with more of a you-only-live-once-and-it’s-OK-to-pull-my-kid-out-of-school-for-a-vacation way of thinking.
“There’s been a shift in mind-set,” said Amie O’Shaughnessy, the founder of Ciao Bambino!, a travel agency based in Sun Valley, Idaho.
As to the sorts of trips that families are planning this fall, Nadia Henry, the founder of Travel with Sparkle, an agency based in West Orange, N.J., said that interest in Europe, reunions and all-inclusive resorts continues to be strong.
Ms. Field has found that many families also crave a cruise. “Parents are tired and burned out and they want to go somewhere easy,” she said. She’s also picked up on excitement about Disney’s restarting certain fall events and allowing children to hug characters once again.
Gregg Kaminsky, a co-founder of R Family Vacations, based in Southampton, N.Y., observed that despite the passage of what opponents call “Don’t Say Gay” legislation in Florida, it’s still looking as if the state will be a popular fall destination for L.G.B.T.Q. families. One difference, he notes, is that some gay and trans parents seem to be more interested in group travel, something that reminds him of the 1990s when L.G.B.T.Q. people traveled in groups for safety.
Another influencing factor: Some parents are still working remotely. Among “high net-worth families” with small children, this has translated into interest in hiring a nanny who can hit the road at a moment’s notice, according to the Nanny Authority, a child care provider placement agency based in New York City.
As to where families stay, the pandemic seems to have pushed many parents and grandparents toward Airbnb and VRBO, said Seth Borko, a senior research analyst at Skift, a travel trade publication. Chekitan Dev, a marketing professor at Cornell University’s Nolan School of Hotel Administration, said that vacation-home competition has prompted some hotel brands, such as Hilton, to finally make it easier to book connected rooms. — Heather Murphy
Major cruise lines like Carnival, Princess Cruises and Norwegian Cruise Line have dropped their vaccine requirements. As of Sept. 5, passengers leaving on Royal Caribbean International from the United States on certain cruises were allowed to provide their own Covid test results, instead of one from a health professional, according to the company, which has also dropped its vaccine requirements.
Lindblad Expeditions, which takes passengers to far-flung destinations like the Galápagos Islands and Antarctica, said it is keeping vaccine requirements in place but is no longer requiring booster shots.
MSC Cruises, which also dropped its vaccine requirement for residents of the United States, will no longer require tests for vaccinated passengers.
The changes came soon after the Centers for Disease Control and Prevention dropped a voluntary program through which cruises reported the vaccination status of passengers and crew and regular updates about case counts.
As a result of the looser restrictions, more passengers from Europe are flying into the United States to board cruises, said Rubén A. Rodríguez, president of MSC Cruises USA. “We’ve also seen more people from the U.S. branch out and book itineraries in the Mediterranean and elsewhere, now that international travel protocols are easier to manage,” he said in a statement.
It has been a boon for the cruise industry, which experienced two years of enormous losses because of the pandemic and a slow restart in June 2021.
Jeremy Clubb, founder of Rainforest Cruises, which specializes in exotic riverboat and small ship cruises, said he expects the company will surpass its 2019 sales total by at least 20 percent. The winter is looking especially promising, with the number of bookings for cruises up 60 percent compared with the same time last year, he said.
“It is clear that many people are growing noticeably less fearful of Covid and are eager to get traveling again,” Mr. Clubb said in an email.
Don Zingale, 76, said he and his wife are planning a 45-day cruise on Oceania Cruises from Barcelona to Rome to Miami in October. Mr. Zingale, a retired university executive based in Point Richmond, Calif., said he was “very unhappy” to see the company loosen restrictions around testing and vaccines. “Letting unvaccinated people on a ship filled with older people is not the smartest thing in the world,” he said.
Still, Mr. Zingale, who estimates that he spends 100 nights on cruises a year, said the new rules would not keep him from ships, where he often enjoys luxurious amenities for “bargain prices.”“The value outweighs the risks,” he said. “It is too fun.”
Deals are likely to abound throughout the season, said Colleen McDaniel, the editor in chief of Cruise Critic, a leading cruise review site. “You can cruise the Caribbean for less than $60 a night, or the Mexican Riviera for less than $80 a night,” she said. Before the pandemic, bargains on trips like that would have been under $100 a night, she said.
The aggressive discounts began in late spring and continued into the summer, as late bookings and a glut of cruise ships created a situation where ships were less than 100 percent full.
Travelers should take advantage of deals to take cruises to areas they might not have considered before, like Portland and Bar Harbor, Maine, or Halifax and St. John in Canada, Ms. McDaniel said. They are destinations with great dining, beautiful vistas and scenic mountain trails that nevertheless “sort of slip under the radar,” she said.
The discounts may not last as restrictions ease and bookings increase, however, said Ms. McDaniel. “We’re seeing more and more people getting on board ships,” she said. “People are really, really excited to get back to sailing.” — Maria Cramer
52 Places for a Changed World
The 2022 list highlights places around the globe where travelers can be part of the solution.
Follow New York Times Travel on Instagram, Twitter and Facebook. And sign up for our weekly Travel Dispatch newsletter to receive expert tips on traveling smarter and inspiration for your next vacation. Dreaming up a future getaway or just armchair traveling? Check out our 52 Places for a Changed World for 2022.
Development: Gabriel Gianordoli
Photo editors: Elizabeth Bristow and Phaedra Brown
An earlier version of this article misstated Elena Rodríguez Blanco's title at the Barcelona-based Authenticitys company. She is the founder of the company, not a co-founder.

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