Puerto Rico's tourism industry is chugging along briskly, with officials saying the fallout from the island's cash woes is contained.» Read More
Kenneth Gaw, President and Managing Principal of real estate private equity firm Gaw Capital Partners and YPO member, discusses the acquisition of InterContinental Hong Kong Hotel.
The British government told all U.K. tourists to leave Tunisia because a terrorist attack is "highly likely".
Businesses in North and South Carolina aren't seeing a drop in tourists, despite the record number of shark attacks.
AirAsia's Indonesian unit faces turbulence after the country took the unusual step of ordering it to raise as much as $225 million in funding quickly.
Greece's economic crisis is starting to scare tourists, experts told CNBC. But travelers shouldn't cancel their plans just yet.
Alexander Lamnidis, general manager of SETE, the Association of Greek Tourism Enterprises, says he wants Greece to remain a member of the currency union.
In fact, searches for flights to Greece from Britain and Spain are up in recent days, says travel search engine Skyscanner. Bookings for flights from Britain to Greece in July and August rose by 14 percent after banks were closed on June 29, Skyscanner said, while searches were up 12 percent in June compared with last year. In Germany, which has taken a hard line on...
*Tunisia caters to those seeking good value, all-inclusive. *Spain and Bulgaria offer similar holidays. BERLIN, July 3- Fearing for their safety in Tunisia after a gunman killed dozens of tourists, sun-seeking Europeans are switching to destinations such as Spain, Bulgaria or even Greece for holidays this year.
As South Korea's tourism industry reels from the recent outbreak of MERS, the government is pulling out the stops to lure visitors back into country.
Some Cuban-Americans are saying that progress between the U.S. and Cuba is long overdue, and that embassies are a step forward.
Construction on the world's first airport resort starts this week, the Daily Mail reports.
*Thousands have left Tunisia since Friday attack. *Sector will lose $500 million this year, says govt. SOUSSE, Tunisia, June 30- Tunisian shopkeeper Aghmi Bubaker doesn't need to be told that he is experiencing the worst threat yet to his forty-year career in tourism- the bullet hole in his battered green Mercedes Benz is a daily reminder.
BEIJING, June 30- China's trade deficit in services widened to $18.3 billion in May, as Chinese tourists continued to spend more abroad than foreigners visiting the country, the foreign exchange regulator said on Tuesday. For the first five months, China had a deficit of $76.7 billion in services trade and a surplus of $207.8 billion on trade in goods, producing a...
ATHENS, June 29- Greece, at pains to protect one of the economy's only bright spots, rushed on Monday to assure tourists that their holidays would be untouched by the restrictions imposed to protect the tottering banking system. But it stressed that credit or debit cards issued abroad would be unaffected by a 60 euro per day limit on withdrawals from cash machines--...
DUBAI, June 29- An assault on a Tunisian resort, which killed 39 people, has sent holidaymakers fleeing and dealt a major blow to the country's tourism industry, but the broader economy should be robust enough to withstand the shock. European tour operators are evacuating thousands of tourists after Friday's attack by a lone militant on a beach in Sousse and many...
Greece tells visitors from other countries they can make transactions and ATM withdrawals despite its bank shutdown.
*Creditors want Greece to raise VAT rates. PAROS, Greece, June 28- Alexis Kalaitzoglou makes a swift gesture to describe what he thinks about Prime Minister Alexis Tsipras: the shopkeeper on this busy tourist island pulls his leg back and swings it forward as if to give Greece's leader a good kicking. A rise in consumer taxes on the islands' goods and services is one of...
"Sleepless in Seattle" is a goldmine for tours and shop owners, contributing to the nearly $5 billion the city generates in travel spending yearly.
PAROS, Greece, June 28- Alexis Kalaitzoglou makes a swift gesture to describe what he thinks about Prime Minister Alexis Tsipras: the shopkeeper of this busy tourist island pulls his leg back and swings it forward as if to give Greece's leader a good kicking. A rise in consumer taxes on Greek islands' goods and services such as the ones Kalaitzoglou sells is one of...
Eighteen years after its closure, Lai Yuen Amusement Park - a nostalgic symbol of childhood for many Hong Kongers - will make a flash comeback.