OTARU/SASEBO, Japan, Nov 28- Ageing and shrinking, Japan's country towns want to gamble away their economic and demographic woes. Japan is one of the world's last untapped gaming markets and, with a wealthy population and proximity to China, could generate $15 billion annually from casinos, industry experts say.» Read More
Some accuse the Mubarak government of deliberately fanning class tensions to create demands for the restoration of its brutal security state. But such resentments have built up here for nearly a decade. The NYT reports.
Dividends may be in store for shareholders this year, Mickey Arison, CEO and chairman of Carnival Cruises, told CNBC Thursday.
Investors shouldn’t let airlines’ performance during bad weather, like the snowstorm this week, determine whether they invest in the industry, analyst Matt Jacob told CNBC Wednesday.
Egypt is on track to meet its tourism growth targets despite a scare following a rare series of shark attacks that affected bookings, the country’s Minister of Tourism, Zoheir Garranah, told CNBC.
The chairman and CEO of Winnebago Industries, Robert Olson, told CNBC Thursday that the retail activity has been improving and dealers have stocked their inventories to meet demand.
Chinese travelers' splurge on tourism has single-handedly created new peak seasons for some destinations like the Maldives.
So a priest, a journalist, and a TSA officer walk into a security line. I know there's a groping joke in here somewhere. But seriously, folks, while I was going through airport security at Burbank Thursday afternoon—no backscatter scanners or enhanced pat downs yet—I went through the line next to a priest.
New scanners allow TSA officers to basically see you naked, and there are concerns about radiation. Critics allege this is the worst kind of funny business.
It's beginning to look a lot like the nightmare before Christmas. Holiday travel will be more security-intensive this year. Not only are passengers complaining, so are pilots.
The chairman and CEO of Wyndam International told CNBC Tuesday that he’s bullish on the economy this year, unexpectedly.
There are few things you won’t be able to get at London’s famed Savoy hotel following its re-opening on Oct. 10, but don’t ask for a table for 13.
A Russian company on Wednesday announced an ambitious bid to fill the vacuum in the space tourism market by stationing an orbiting hotel in the cosmos.
Thailand, known to many as Asia's center for cosmetic surgery and sex-change operations, is beginning to lose its competitive edge in the medical tourism space, according to analysts.
Thailand's tourism sector is recovering fast and strong since the political unrest in May, said Dillip Rajakarier, COO of Minor Hotel Group on CNBC.
Flaws in flight simulator training helped trigger some of the worst airline accidents in the past decade, according to a USA TODAY analysis of federal accident records.
After Hurricane Katrina, as the city lost billions of dollars in tourism business, the New Orleans Convention and Visitors Bureau embarked on a mission to overcome unprecedented brand impairment. Today, the tourism industry stands taller, stronger than before.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
Beaches have been cleaned of crude, the leak has been plugged and some cities never had oil wash ashore at all. Still, tourists stay away from what they fear are oil-coated coastlines—a perception officials say could take years to overcome and cost the region billions of dollars.
Five years after Hurricane Katrina destroyed New Orleans, the city's mayor said its recovery—slowed by the Gulf oil spill—will take at least another five years.
As reports resurface that Greece is considering selling leases to some of its islands to pay down debt, fears are growing that the euro zone member could restructure its debt over the summer months. But analysts disagree, saying this would be bad for German banks.