Travel Tourism


  • *Sydney, Hong Kong store owners report sagging business. SYDNEY/ HONG KONG, Feb 9- Watching a lone browser in his Sydney Chinatown shop, Bing Chen is worried business is being squeezed this Lunar New Year by what's ailing the world economy at large- the weakest Chinese economy in 25 years. "Our customers have halved," said Chen, standing by neatly stacked shelves at his...

  • "So far, there has been no impact on reservations at TAM... due to the cases of Zika virus in Brazil and in other locations where the airline operates," Chile- headquartered LATAM said. The rapidly spreading Zika virus, suspected to be linked to thousands of birth defects in Brazil, appears to be discouraging some tourists from traveling to Latin America and the...

  • Americans shunning vacations in Zika zones Monday, 8 Feb 2016 | 1:29 AM ET
    Carnival dancers perform for travellers arriving in the baggage claim area at Guararapes-Gilberto Freyre International Airport on February 4, 2016 in Recife, Pernambuco state, Brazil.

    The Zika virus is discouraging many Americans from traveling to LatAm and the Caribbean, a Reuters/Ipsos poll shows.

  • *Chinese tourists spent up to $1 bln in Moscow in 2015. Shoppers from China accounted for 7 percent of the group's sales in 2015 and while the country's economy is slowing sharply, at least it is still growing unlike Russia's which is shrinking. Chinese visitors have become a more frequent sight in central Moscow, some carrying bright orange shopping bags from...

  • Wyoming sees record number of tourists in 2015 Friday, 5 Feb 2016 | 10:09 AM ET

    CHEYENNE, Wyo.— Wyoming attracted a record number of tourists— and their money— in 2015, according to preliminary numbers. Lower fuel prices, well executed marketing campaigns and more foreign travelers all had a part in boosting travel in Wyoming and nationwide, state Office of Tourism Executive Director Diane Shober said. According to preliminary numbers, a...

  • Coming near you: 6M Chinese tourists next week Thursday, 4 Feb 2016 | 11:13 PM ET
    BEIJING, CHINA - FEBRUARY 17: A Chinese traveler sleeps as others read and relax as they wait to leave for the Spring Festival at a local railway station on February 17, 2015 in Beijing, China.

    The Chinese economy may be slowing but that's not stopping a record number of tourists from traveling over Lunar New Year.

  • Startups take aim at the bigger players Thursday, 4 Feb 2016 | 10:13 PM ET
    MA Promo

    CNBC's Managing Asia speaks with the business founders of Luxe Nomad and

  • 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.

  • 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...

  • 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.