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Travel Tourism

  • Expect consolidation among European low-cost carriers: Wizz Air CEO

    Wizz Air CEO Jozsef Varadi speaks about the business environment for low-cost airlines in Europe.

  • ALBUQUERQUE, N.M.— Route 66, the historic American roadway that linked Chicago to the West Coast, soon may be dropped from a National Park Service preservation program, which would end years of efforts aimed at reviving old tourist spots in struggling towns. A federal law authorizing the Route 66 Corridor Preservation Program is set to expire in two years, and some...

  • HAVANA, May 23- U.S. online travel services company Expedia said on Tuesday it had started offering online booking for hotels in Communist-run Cuba, hoping to capitalize on a boom in tourism to the Caribbean island. We are talking about the largest country in the Caribbean with significant hotel expansion plans, " Veronica Vega, Expedia area manager for Caribbean,...

  • A Cathay Pacific 747 passenger plane.

    Cathay Pacific Airways denied a report that it is retrenching another 200 employees, in addition to the 600 job cuts it announced earlier.

  • A massive landslide that went into the Pacific Ocean is the latest natural disaster to hit a California community that relies heavily on an iconic coastal highway and tourism to survive, and it adds to a record $1 billion in highway damage from one of the state's wettest winters in decades. The weekend slide in Big Sur buried a portion of Highway 1 under a 40- foot...

  • SAO PAULO— Brazil is home to the largest rainforest on Earth. Because while you may have heard about the Amazon or the stunning beaches of Rio de Janeiro, you have probably also heard that Brazil has high crime, was swept by a Zika outbreak and that its politicians have concocted the largest graft scheme in Latin American history. Most likely you've never visited...

  • A Cathay Pacific 747 passenger plane.

    The airline is seeking to return to profitability in an industry battered by falling ticket prices.

  • LAGOS, May 19- Nigeria will process all tourist and business visas within two days, the vice president's office said on Friday, as Africa's largest economy, mired in recession, tries to improve the ease of doing business in the country. Applicants will be notified whether their visas will be issued or rejected within 48 hours, with the change to take immediate...

  • LAGOS, May 19- Nigeria will process all tourist and business visas within two days, the vice president's office said on Friday, as Africa's largest economy, mired in recession, tries to improve the ease of doing business in the country. Applicants will be notified whether their visas will be issued or rejected within 48 hours, with the change to take immediate...

  • LAGOS, May 19- Nigeria will process all tourist and business visas within two days, the vice president's office said on Friday, as Africa's largest economy, mired in recession, tries to improve the ease of doing business in the country. Applicants will be notified whether their visas will be issued or rejected within 48 hours, with the change to take immediate...

  • LAGOS, May 19- Nigeria will process all tourist and business visas within two days, the vice president's office said on Friday, as Africa's largest economy, mired in recession, tries to improve the ease of doing business in the country. Applicants will be notified whether their visas will be issued or rejected within 48 hours, with the change to take immediate...

  • LONDON, May 19- Visits to Britain by North Americans surged at the start of this year as tourists took advantage of the weakened pound, which may be forcing British holidaymakers to stay closer to home, official data showed on Friday. Some 8.1 million people visited Britain in the first quarter of this year, up from 7.6 million in the same quarter a year ago- a 7 percent...

  • LONDON, May 18- Britain's Thomas Cook echoed concerns raised by rival tour operator TUI over the market for travel by British tourists on Thursday, saying that competition at home had slowed growth. Although Thomas Cook said it was seeing strong demand across most of its markets, including a recovery in holiday bookings for Turkey and Egypt, growth in British...

  • Paris luxury hotel occupancy has begun to rebound this year. PARIS, May 18- When Paris's landmark Hotel de Crillon reopens in July after a four-year 200 million euro revamp, it will be hoping to catch a rebound in the luxury hotel trade after a wave of bloody street attacks drove away big-paying tourists. Occupancy rates of Paris luxury hotels fell 15 percent to 52...

  • LONDON, May 18- Tour operator Thomas Cook posted a rise in revenue in line with expectations on Thursday, and said it was seeing strong customer demand across most of its markets ahead of its key summer season. Revenue rose 3 percent to 3 billion pounds, roughly in-line with a Thomson Reuters estimate, which the company said reflected strong winter demand to Spain...

  • Thomas Cook Group CFO Michael Healy speaks about earnings, which were positive for the winter season, and the company's commitment to reducing debt.

  • The event is the latest indication, following the signing of agreements earlier this year by major cruise companies, that the U.S. hospitality industry is betting that hotel operator and now President Donald Trump will not shut the Cuba door on his industry peers. We are very interested in Cuba as a destination for our guests, David Tarr, senior vice president for...

  • Short haul Europe will be serviced by low cost carriers: easyJet CEO

    EasyJet CEO Carolyn McCall speaks about her company's relationship with its shareholders, as well as its growth strategy.

  • What's behind easyJet's loss, according to the CEO

    EasyJet CEO Carolyn McCall attributes her company's loss to the timing of Easter and foreign exchange, considering that it buys fuel in U.S. dollars.

  • Picture taken on June 12, 2013 shows a Boeing 787 'Dreamliner' plane of Thomson Airways with the logo of tourism giant TUI at the Hanover airport in Langenhagen, central Germany.

    TUI Group reported a wider second-quarter loss on Monday, however its CEO told CNBC that he remained confident performance going forward.