Travel Tourism


  • Saudi Arabia presents plan to move beyond oil Monday, 25 Jan 2016 | 1:28 PM ET

    *Riyadh investment conference draws officials, businessmen. RIYADH, Jan 25- Saudi Arabia outlined ambitious plans on Monday to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil. A meeting and presentation at a luxury Riyadh hotel was held...

  • Is it time to invest in Cyprus? Friday, 22 Jan 2016 | 3:15 AM ET
    Is it time to invest in Cyprus?

    Nicos Anastasiades, president of Cyprus, says oil and tourism are potential growth areas for the Cypriot economy and there are so many reasons to invest in the country.

  • HONG KONG, Jan 20- Tour groups to Hong Kong could shrink by as much as two-thirds in the first half of this year, an industry executive said, dealing another blow to retailers and an economy facing pressure from slowing growth in China. China accounts for almost three-quarters of all visitors to Hong Kong, which relies on tourism for about 5 percent of its GDP.

  • Terrorism isn’t ‘truly disruptive’ to hospitality sector: IHG

    With the recent concerns surrounding terrorism and security, IHG’s CEO, Richard Solomons discusses how this impacts the travel and hospitality industry.

  • What slowdown? Royal Caribbean still betting on China

    Richard Fain, chairman and CEO of Royal Caribbean Cruises, talks about the company's strategic partnership with Forbidden City, and its appeal to Chinese tourists.

  • Will Chinese tourists continue heading to Taiwan? Monday, 18 Jan 2016 | 12:33 AM ET
    Will Chinese tourists continue heading to Taiwan?

    Steven Pan, chairman of FIH Regent Group and YPO member, says both Taiwan's new government and China will have to adjust to each other, but eventually we shall see closer ties.

  • *New blow on top of damage from Russia- Turkey row. The attack in Istanbul's cultural and touristic heart, carried out by what the authorities say was a member of Islamic State who entered the country as a Syrian refugee, marked a shift in tactics by the radical Sunni group in Turkey. Coming after anti-government protests and small-scale attacks by leftist...

  • BEIJING, Jan 14- China attracted $126.3 billion, or 781.4 billion yuan, in non-financial foreign direct investment in 2015, up 6.4 percent from 2014, despite its cooling economy. United States ride-hailing firm Uber has committed to invest 6.3 billion yuan in China as it aims to break into its huge tourism industry with businesses ranging from transportation...

  • France needs a lot of reforms: Sodexo CEO Wednesday, 13 Jan 2016 | 2:20 AM ET
    France needs a lot of reforms: Sodexo CEO

    Michel Landel, CEO of Sodexo, discusses attempts by the French government to make labor market reforms and says the government needs to cut public spending.

  • Jan 12- Canadian tour operator Transat AT Inc said on Tuesday it was looking for buyers for its operations in France and Greece to focus on the Americas. Transat's European operations were hurt by the political turmoil in Greece and the recent militant attacks in Paris but Lemay said Tuesday's announcement had nothing to do with these events.

  • Jan 12- Canadian tour operator Transat AT Inc said on Tuesday it was looking for buyers for its operations in France and Greece. Transat said a sale would not affect the operations of its transatlantic programs from Canada or of its budget airline, Air Transat, including in France. The move from Transat comes after a year in which their European operations were...

  • Jan 12- Canadian tour operator Transat AT Inc said on Tuesday it was looking for buyers for its operation in France and Greece.

  • We like tourism in Europe: Head of equities Tuesday, 12 Jan 2016 | 3:00 AM ET
    We like tourism in Europe: Head of equities

    Alexis Dawance, head of equities at MFM Mirante, says his company is looking for investment opportunities in Europe rather than the U.S. and recommends the tourism industry, including budget airline Easyjet.

  • *Sees 5-6 store closures in Hong Kong in year ending March. HONG KONG, Jan 8- Chow Tai Fook Jewellery Group Ltd, China's largest jewellery retailer by market value, expects to close 5-6 Hong Kong stores in the fiscal year ending in March, as tourists are put off visiting the city by a strong local currency. "Hong Kong remains challenging because of the strong Hong Kong...

  • This is a promising investment theme in China Friday, 8 Jan 2016 | 12:16 AM ET
    This is a promising investment theme in China

    The potential of China's tourism sector is enormous given the surge in the number of middle-income consumers, says John Woods, APAC CIO at Credit Suisse Private Banking.

  • Malaysia Airlines bans, then un-bans, checked bags Tuesday, 5 Jan 2016 | 10:44 PM ET

    Trouble-ridden Malaysia Airlines left analysts puzzled after it banned checked baggage on Malaysia-to-Europe routes, before scrapping the ban Wednesday.

  • *Longest period of decline since 2002. HONG KONG, Jan 4- The value of Hong Kong retail sales fell for a ninth consecutive month in November, the longest period of decline in 13 years, hit by a slide in the number of Chinese tourists coming to the city and by weak consumer spending. Retail sales plunged 7.8 percent from a year earlier, the biggest percentage drop since...

  • Just got over SG50? Prepare for SJ50 brand fever Wednesday, 30 Dec 2015 | 6:35 PM ET
    Japanese Prime Minister Shinzo Abe (Left) and Singapore Prime Minister Lee Hsien Loong (Right).

    Singapore's success in celebrating its 50th anniversary of independence has spawned a sequel: SJ50. This time Japan's in on the act.

  • EIHEIJI, Japan Dec 30- Deep in a forest near Japan's western shore, a 13th century Buddhist temple where Steve Jobs once dreamed of becoming a Zen monk has teamed up with a Tokyo skyscraper builder to seek the commercial enlightenment of foreign tourist dollars. Japan's temples have long been business and tech-savvy, offering lucrative services like funerals...

  • Pollution cancels more than 220 Beijing flights: Xinhua Saturday, 26 Dec 2015 | 12:36 AM ET
    A Chinese man walking on a street wears a mask amid heavy smog in Beijing, China on December 25, 2015. Hazardous smog blanketing China's north-east has sparked more red alerts, with authorities advising residents in 10 cities to stay indoors.

    More than 220 flights at Beijing's airport were canceled Friday as pollution caused poor visibility, China's official Xinhua news agency reported.