LISBON, Portugal— In a story April 15 about effect of the weakening euro on tourism in Europe, The Associated Press reported erroneously that 10 million Americans visited Paris last year, and that officials hoped the figure would rise 10 percent to 11 million this year. Weak euro adds to Europe's vacation lure for tourists from United States, China— and locals.» Read More
With cross-border tensions exacerbated by pro-democracy Hong Kong protests, tour groups visiting Hong Kong from China plunged about 80 percent in early March. While daytrippers from just outside Hong Kong continue to buy daily essentials there, Chinese travellers with cash to burn are homing in on places like South Korea and Japan. That's bad news for Hong...
Bill English, deputy prime minister & finance minister of New Zealand, says the country wants "sustained, moderate growth" of 3 percent over the next 2-3 years, but warns of risks from China and Australia.
NEW YORK, March 16- The Blackstone Group LP agreed on Monday to buy the Willis Tower, the former Sears Tower that for 25 years was the world's largest building, in a deal that features an observation deck as a tourist attraction and unique revenue stream. The 110- story Willis Tower at 233 South Wacker Drive is the second-tallest U.S. office building with 3.8 million...
Erik Nielsen, global chief economist at UniCredit, says that the weaker euro is a "fantastic boost" for Europe, with many industries benefiting.
CNBC's Seema Mody looks at three big sector opportunities in Europe.
Gareth Williams, CEO and co-founder of Skyscanner, outlines the firm's strategy in China and explains how acquisitions can play a role in its expansion.
The founder of an investment firm is raising money for a private equity fund geared toward direct investment in Cuba.
The battery on one of Malaysia Airline flight MH370's data recorders may have expired more than a year before the plane went missing, a report said.
All five of London’s major airports have made the top 10 for the world’s most expensive car parks in airports.
A cheaper yen is driving savvy Chinese shoppers to Japan to buy an unexpected item: Electronic toilet seats that heat up, wash, dry and disinfect.
As Hong Kong mulls restricting the number of inbound Chinese travelers, Taiwan is stepping up efforts to court rich holidaymakers from the mainland.
Simon Robertson, CFO of Auckland Airport, attributes the boom in Chinese tourists to the unique experience that New Zealand offers, instead of a "currency play."
Lower oil prices usually boost airline profits, but for AirAsia, the drop pushed the carrier into the red as Malaysia's ringgit took a knock-on blow.
With a new Sports Hub and world-class events lined up this year, Singapore could claim a bigger slice of the global sports tourism pie.
Singapore is budgeting $3 billion for a fifth airport terminal before the fourth is even completed, but it isn't clear the travelers will come.
Thailand's interim parliament has passed a law banning foreigners from seeking surrogacy services to end a "rent-a-womb" fertility-tourism industry.
All those pining after childhood stories of "the tippy-top floor" of New York's Plaza Hotel might soon get to recreate it a few blocks away at the Waldorf.
Barry Sternlicht, Starwood Capital Group CEO, discusses the launch of two new brands, including the not yet open flagship Baccarat Hotel, which is in talks to sell for $230 million.
Barry Sternlicht, Starwood Capital Group CEO, reflects on news former Starwood CEO Frits van Paasschen has resigned.
Frits van Paasschen, president and chief executive of international hotel chain Starwood, has resigned “by mutual agreement with the board of directors,” according to the company.