Top Travel Destinations to Explore in 2026
The 2026 best travel destinations include Hong Kong, Udaipur, and Naoshima, highlighted for their cultural, artistic, and luxury developments, alongside a global list of exciting places to visit next year.
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Asia Travel
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Estee Lauder's stock plummets on weak sales outlook and slow recovery in Asia.
Estee Lauder's stock fell 17% after the company lowered its sales outlook for 2023 due to slower-than-expected Asia travel recovery. The company's Q3 adjusted earnings per share fell 75% YoY, while net sales lagged 12%. Estee Lauder attributed the decline to COVID-19 related shutdowns and stricter policies in China. The skincare category dropped 17% from a year ago. However, Wall Street analysts remain bullish on the stock, with an average price target of $289.