March 13- Canadian tour operator Transat AT Inc reported a bigger quarterly loss as a weak Canadian dollar pushed up operating expenses. Net loss widened to C $25.6 million, or 60 Canadian cents per share, in the first quarter ended Jan. 31, from C $15.1 million, or 56 Canadian cents per share, a year earlier. Revenue rose 5.2 percent to C $847.2 million.» Read More
American companies adding outsourcing and back office operations in Hyderabad, Bangalore, and Mumbai, are resulting in a boon for high-end hotel brands seeking to build properties in India. The New York Times reports.
While Europe's debt crisis and global economic uncertainty are threatening airline profitability in the West, in Asia airlines are experiencing relatively strong growth. But rising capacity and cut-throat competition are threatening to derail that.
Undeterred by the strong Aussie dollar Chinese are flocking to Australia, making up for the lack of Western tourists.
A look at the hotel stocks that are outperforming the broader S&P 500, with Jake Fuller, Lazard Capital Markets.
There were times last year when foreigners all but vanished from the elegant wooden veranda of Kiyomizu Temple in Kyoto, one of Japan’s most celebrated tourist spots, but now they are flowing back – and most of them seem to be speaking Chinese.
Millions of tourists come here every year to visit the ancient ruins of Angkor Wat, an influx that has helped transform what once resembled a small, laid-back village into a thriving and cosmopolitan town with thumping nightlife and more than 10,000 hotel rooms. The NYT reports.
A industry survey shows travel agents anticipate business bookings to increase by three to five percent in 2012, compared to a year ago.
Unregistered passengers might have been aboard the stricken cruise liner that capsized off the Tuscan island of Giglio, a top rescue official said, raising the possibility that the number of missing might be higher than previously announced.
Disney CEO Bob Iger discusses the President's plans to boost tourism.
President Obama is taking action to increase tourism. Secretary Ken Salazar, who is traveling with the President, joins CNBC from Walt Disney World in Orlando, Florida.
Demand growth for hotel rooms is "reasonably good," says Christopher Nassetta, Hilton Worldwide president & CEO. "We are seeing rate increases; we are starting to see pricing power," he says.
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Twenty-first century road warriors are a lot different from frequent fliers of years ago. They're constantly connected, more nimble, and almost always at the forefront of technology.
For harried business travelers, time is money. Many products and services are billed as ways to get you to the airport gate sooner. But does it pay to spend a few extra dollars to save time in the TSA security line?
It's a global economy all right: far-flung-markets, simultaneous translation, countless time zones, diverse business partners and lots of travel. If this sounds familiar, this quiz is for you, road warrior.
The carbon offset market enables business travelers to balance their impact on the planet by purchasing tax-deductible credits toward a project that reduces carbon dioxide emissions elsewhere.
A decade after the federal government strengthened travel requirements following the Sept. 11 terrorist attacks, foreign visitors say getting a temporary visa remains a daunting and sometimes insurmountable hurdle. The tourism industry hopes to change this.
Some of the homes featured in beloved holiday movies are real houses, and these homes are located all over the country. Click to see them all.
CNBC's Phil LeBeau has the update on millions of Americans taking to the skies for holiday travel and whether airlines will still be making a profit.
Despite continuing economic troubles, more Americans are planning to travel this holiday season. The following top 10 busiest cities are those that have the highest percentage of flights during the holidays.