Arnold W. Donald, president and CEO of Carnival, says Australians contribute 8.1M cruise days - a key industry metric - to Carnival's 80M per year.» Read More
Christine Duffy, president of Carnival Cruise Line, says Majestic Princess, one of company's newest ships, was designed for Chinese passengers.
According to the Wall Street Journal, Chinese firms are looking to bid for Starwood Hotels, reports CNBC's Dom Chu.
Ho Kwon Ping, executive chairman at Banyan Tree Group, says Banyan's recently launched hotel brand, Dhawa, caters to increasing numbers of Chinese middle-class, inbound travelers.
PUERTO VALLARTA, Mexico, Oct 24- Patricia, one of the strongest ever hurricanes, crashed into western Mexico with rain and winds of up to 165 mph, hammering coastal areas but skirting major cities and causing less damage than feared. Around 15,000 tourists had been hurriedly evacuated from the beach resort of Puerto Vallarta as people scrambled to get away from...
With winds of 160 miles per hour, the Category 5 hurricane had western Mexico on high alert, with the popular resort of Puerto Vallarta and others on the coast opening emergency shelters as hotels were closed. The U.S. National Hurricane Center said Patricia could dissipate on Saturday as its winds will be sapped by the mountains of western Mexico.
Richard Fain, Royal Caribbean CEO, discusses earnings and returning capital to shareholders. Also, how to attract customers.
Oct 23- Royal Caribbean Cruises Ltd, the world's No.2 cruise operator, reported a better-than-expected quarterly profit as customers spent more onboard and demand rose for its Caribbean and European cruises. The company has been struggling to boost sales in its biggest market, the Caribbean, where over capacity led to intense competition from larger rival...
PUERTO VALLARTA, Mexico, Oct 23- Hurricane Patricia strengthened into one of the most powerful storms in history on Friday as it barreled toward Mexico's Pacific Coast, forcing resort hotels to evacuate guests and residents to stockpile supplies. The National Hurricane Center said Patricia was the strongest hurricane ever recorded in the Western...
Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a better-than-expected quarterly profit, helped by higher onboard spending, and a rise in demand for its Caribbean and European cruises. The company- whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Cruises- raised its full-year...
Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 5.4 percent rise in quarterly revenue, helped by higher onboard spending and a rise in bookings for its Caribbean and European cruises. Total revenue rose to $2.52 billion from $2.39 billion a year earlier, in the third quarter ended Sept. 30.
Carnival has partnered with two China firms to launch the first multi-ship domestic cruise brand. Carnival's CEO, Arnold Donald discusses his excitement for the joint venture.
China's largest shipbuilder China State Shipbuilding Corp and Carnival Corp will buy and operate cruise ships for the yet to be named cruise line. CSSC and state-owned sovereign wealth fund China Investment Corp will own 60 percent of the venture and Carnival Corp will own the rest, Carnival Corp Chief Operating Officer Alan Buckelew said on a media call.
Arnold Donald, CEO of Carnival Corporation, talks about its new joint venture in China and its plans to launch a domestic Chinese Cruise brand.
LONDON, Oct 20- InterContinental Hotels Group, one of the world's largest hoteliers, said it was confident in its outlook after reporting higher than expected growth in its third quarter, lifting its shares. IHG, which runs over 4,900 hotels under brands such as Crowne Plaza, Holiday Inn and InterContinental, said its European business was its strongest...
Neil Dwane, chief investment officer for equities for Europe at Allianz Global Investors, says the hotel and travel industry has the ability to compete with companies such as Airbnb.
Ivanka Trump, daughter of Republican presidential candidate Donald Trump, speaks at the Skift Global Forum on Thursday about her work as an executive with the Trump Organization.
The technology-oriented Radisson Red Hotels are focused on the Millennial market, says David Berg, CEO of Carlson Hospitality Group.
SARAJEVO, Oct 10- Dubai- based developer Buroj Property Development said on Saturday it plans to invest 4.3 billion euros to build a luxury tourist resort near Sarajevo, in what could be the biggest foreign investment of its kind in the Balkan country. Bosnia, where Muslim Bosniaks are the largest of its three ethnic groups, has seen an influx of tourists from the...
Mass-market gamblers will help to stabilize Macau's gaming and casino sectors as big players double their capacity, says Matthew Ossolinkski, chairman at Ossolinksi Holding.
Victor Chan, chairman of Hong Kong Hotels Association, says the number of mainland tourists and hotel occupancy was down in Hong Kong over Golden Week.