Travel Tourism


  • The perks of being an entrepreneur Thursday, 4 Feb 2016 | 10:07 PM ET
    MA facebook clip

    Luxe Nomad's Stephanie Chai tells CNBC why she left the entertainment and modelling industry to become an entrepreneur.

  • SEOUL, Feb 5- Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists. South Korea trails only Thailand as an overseas destination for Chinese travellers, whose heavy retail spending has helped make South...

  • Feb 4- Luxury fashion retailer Ralph Lauren Corp reported a bigger-than-expected decline in holiday-quarter sales, hurt by unusually warm weather and fewer tourists visiting its stores in North America. Total sales at established stores fell 7 percent in the quarter ended Dec. 26. Ralph Lauren's net income fell nearly 40 percent to $131 million, or $1.54 per...

  • Californians want rum-crazy Cuba to start drinking wine Wednesday, 3 Feb 2016 | 12:00 AM ET

    HAVANA— The 3.5 million tourists who flooded Cuba last year downed oceans of mojitos, lakes of daiquiris and rivers of thin, sour beer. Thousands of private restaurants have cropped up around Cuba in recent years under economic reforms designed to soften the shock of cutbacks in the troubled state-controlled economy. Cava Exports, a two-year-old company...

  • Australia rides the wave of Chinese tourists Tuesday, 2 Feb 2016 | 6:13 PM ET
    Matt CNY PKG

    China's burgeoning middle-class are heading down under, turning Australian tourism into a lucrative business.

  • PARIS, Feb 2- LVMH, the world's biggest luxury group, said it achieved like-for-like sales growth of 6 percent last year as resilience in Europe, Japan and the United States helped compensate for weakness in China. Growth in the luxury goods market has slowed, particularly in the second half of 2015 after the November terrorist attacks in Paris put tourists off...

  • *Closer Israel ties with Cyprus, Greece alarm Palestinians. JERUSALEM, Feb 1- Israel, Cyprus and Greece have agreed to deepen their energy, security and tourism ties in the Eastern Mediterranean, a deal that may have implications for Israel's testy relationship with the European Union, too. The agreement, signed in Nicosia last week by a beaming Prime Minister...

  • What you don't know about Stephanie Chai Monday, 1 Feb 2016 | 2:11 AM ET

    Stephanie Chai, founder and CEO of the Luxe Nomad, shares some little-known facts about herself.

  • Are tourists still flocking to the Maldives? Monday, 1 Feb 2016 | 1:01 AM ET
    Maldives tourism

    Moosa Zameer, Tourism Minister of Maldives, says external factors affected Maldives tourism, not internal politics.

  • Boarding a flight out of Hong Kong just got cheaper, after the city scrapped an old fuel surcharge on Monday.

  • PARIS— Raul Castro is coming to France for the first-ever state visit of a Cuban president to the land of wine and gastronomy, a trip that could boost French investments and promote stronger economic, cultural and tourist ties between Paris and Havana. France, to which Cuba owed $4 billion in overdue loans, led the creditors' negotiations. France hopes to see some...

  • American Airlines Group Inc, the world's largest airline, and other U.S. carriers are facing mounting concern about the mosquito-borne virus as investors mull a slump in demand to the Caribbean and other tourist hotspots. Zika, linked to birth defects in thousands of babies in Brazil, could nonetheless become a challenge for American. While airlines have yet to...

  • MAGALUF, Spain, Jan 29- Set back from the white sand beach which first attracted tourists to Magaluf in the 1960 s, a smart new development is rising- part of the Mallorcan resort's plan to transform itself from an alchohol-fuelled fleshpot awash with young Britons to a high-end holiday destination for families and couples. Magaluf's vision shows how Spain's...

  • Man with 2 handguns, partner arrested at Disneyland Paris Thursday, 28 Jan 2016 | 11:31 AM ET

    PARIS— A man who tried to bring two handguns into a hotel at Disneyland Paris was detained Thursday along with his female partner, authorities said, amid lingering jitters around the French capital following attacks last year. No one was hurt in the incident, and the park— Europe's most-visited tourist attraction— remained open after the arrests.

  • Thailand: Asia Pacific's most popular travel destination

    Bangkok was the most popular city by arrivals, total nights stayed and total amount spent, according to MasterCard.

  • 'Asia tourism growth momentum will continue' Wednesday, 27 Jan 2016 | 10:38 PM ET
    'Asia tourism growth momentum will continue'

    Matthew Driver from MasterCard talks about the findings from the inaugural Asia Pacific Destinations Index, which covers 167 locations.

  • This is Asia Pacific’s most popular tourist destination Wednesday, 27 Jan 2016 | 9:41 PM ET
    The Grand Palace in Bangkok, Thailand

    Thailand dominated as the most popular regional travel destination in 2015, according to MasterCard's Asia Pacific Destinations Index 2015.

  • HAVANA, Jan 26- Cuba's tourism industry is under unprecedented strain and struggling to meet demand with record numbers of visitors arriving a year after detente with the United States renewed interest in the Caribbean island. Cuba received a record 3.52 million visitors last year, up 17.4 percent from 2014. As it is, foreigners face extreme difficulties...

  • Judge sides with ark-building group on tax incentive Monday, 25 Jan 2016 | 8:08 PM ET

    LOUISVILLE, Ky.— A religious group building a massive Noah's Ark tourist attraction in Kentucky has won a legal battle over the state's withdrawal of a potential tax incentive worth millions. A federal judge ruled Monday that Kentucky officials violated the ark builders' First Amendment protections by blocking it from the sales tax tourism incentive that...

  • Every industry sees big things in this technology Monday, 25 Jan 2016 | 3:35 PM ET
    A gamer plays a game with the virtual reality head-mounted display 'Oculus Rift'

    Virtual and augmented reality is posed to disrupt a range of industries in 2016. Here are some of the companies investing in this new trend.