Travel Tourism

  • Things getting better for HK retailers: Expert

    Victor Yeung, CIO of Admiral Investment, says the shift in retail offerings will lead to better results for Hong Kong retailers.

  • Australian airline Qantas, seen here with CEO Alan Joyce, launched daily flights between Sydney and Beijing in January 2017 for the first time since 2009 to capitalise on the increasing growth of the Australia-China travel market.

    Australian flag carrier Qantas Airways on Thursday announced better-than-expected 1H results, sending share prices rallying to a 10-month high.

  • TOKYO— Japan is turning to those hooded samurai-era acrobatic spies known as ninja to woo tourism. The Japan Ninja Council, a government-backed organization of scholars, tourism groups and businesses, said Wednesday that it's starting a Ninja Academy to train people in the art of ninja, and building a new museum in Tokyo devoted to ninja, set to open in 2018..

  • PARIS— Tourism to Paris is showing signs of a revival after a yearlong slump attributed to deadly extremist attacks, violent labor protests, strikes and floods. The biggest drop came in demand for Paris hotels from Chinese, Japanese, Russian and Italian tourists, according to 2016 figures released Tuesday by the Paris regional tourism committee.

  • Resort owners The Walt Disney Co. and the Hong Kong government, which has a 53 percent stake, last year announced a $1.4 billion expansion for the park, which has been criticized for being too small and having too few big-ticket rides. However, Disney's board and Hong Kong lawmakers need to approve its funding. Hong Kong is also working to improve its...

  • BANGKOK— A government committee has approved construction of an 800- megawatt coal power plant near pristine beaches on the Andaman Sea, Thailand's prime minister said Friday. The announcement by Prime Minister Prayuth Chan- ocha that the National Energy Policy Committee has given the go-ahead to the project was criticized by activists who worry the plant...

  • Committed to cutting costs Air France-KLM CFO - Policies promoting economic exchanges good for us:

    CNBC's Nancy Hungerford speaks to Frédéric Gagey, Air France-KLM CFO, to discuss cost-cutting and his hopes for the new French president.

  • Tourism in the Middle East

    Haitham Mattar, CEO of the Ras Al Khaimah Tourism Development Authority in the United Arab Emirates, discusses the tourism industry in the Middle East.

  • Temasek may be betting China’s consumers will eschew retail therapy in favor of hitting the road, cutting its Alibaba stake and buying Ctrip shares.

  • U.S. President Donald Trump walks with first lady Melania Trump

    A limited number of spaces are available, and tickets must be requested, USA Today reports.

  • *Sees growth potential in China, South America, Southern Europe First-quarter loss narrows by 17 pct. BERLIN, Feb 14- European travel and tourism company TUI aims to start offering holidays to customers from countries such as China, Brazil, Spain and Italy as it seeks new ways to keep its hotels full and drive sales. Chief Executive Fritz Joussen said on Tuesday that...

  • *Mulls selling holidays to customers from S. Europe, China. BERLIN, Feb 14- European travel and tourism company TUI said it aims to start offering holidays to customers from countries such as China, India, Spain and Italy as it seeks new ways to keep its hotels full. "This is also true for China, Southeast Asia...

  • Venice Carnival begins in style

    A flotilla of boats carrying people in costumes and masks delights visitors on the first full day of the world famous Venice carnival.

  • Some 35 million international tourists visited Mexico last year compared to 32.1 million in 2015, the tourism ministry said on Monday. Tourism is a major source of income for Mexico, bringing in $19.571 billion last year, 10.4 percent higher than the previous year, according to the figures. Mexico's peso was bashed last year by the U.S. campaign and election of...

  • *Spain seeks to grab luxury tourism share. MADRID, Feb 10- Restorers of vintage stained glass are enjoying a new lease on life in Madrid these days, bringing their artisanal skills to a luxury retail and hotel complex in the centre of Spain's capital. Regional governments, construction and travel firms as well as shops are working hand-in-hand to recast Spain- and...

  • What came out of Trump's meeting with airline execs

    Henry Harteveldt of Atmosphere Research Group talks about the President's airport infrastructure plans and how the travel ban is affecting airlines.

  • LONDON, Feb 9- More than 20 percent of shareholders in tour operator Thomas Cook voted against the board's planned pay awards for directors on Thursday, including one of its top shareholders. At the firm's Annual General Meeting, 21.68 percent of shareholders voted against the Thomas Cook Directors' Remuneration Policy. The biggest revolt came over an...

  • U.S. President Donald Trump signs an executive order at the White House as Vice President Mike Pence and Chief of Staff Reince Priebus look on in Washington, D.C. on January 20, 2017.

    Travel demand to the U.S. has taken a hit since Trump signed an executive order banning travel from certain countries, say data analysts.

  • PARIS, Feb 7- The number of foreign tourists visiting France rose in the fourth quarter of 2016, official data showed on Tuesday, confirming a gradual rebound in a sector that has been hit by a wave of Islamist militant attacks. The number of nightly stays in France by foreign tourists rose 2.9 percent in the three months to end-December compared to the same period...

  • Ryanair release actually a positive read: Analyst

    Mark Simpson, aviation analyst at Goodbody, weighs in on Ryanair's latest earnings data.