Tension is building between the U.S. and Iran over the U.S. Supreme Court decision to allow the seizure of $2 billion in Iranian assets, reports CNBC's Michelle Caruso-Cabrera. » Read More
Geoffrey Yu, ultra high net worth investment strategist at UBS, comments on what MSC Cruises' decision to buy four new ships means for the economy.
The global cruise industry still has significant potential for growth, the chief executive of one of the world's largest cruise ship companies said.
"The most important thing for us to succeed at is the loyalty program," Marriott CEO Arne Sorenson tells CNBC.
The terrorist attacks in Brussels that killed 32 people last week are set to knock international visitor numbers across Europe in the months ahead.
Tom Jenkins, CEO of European Tour Operators Association, talks about the impact of the Brussels terror attack on tourism to Europe.
TUNIS, March 31- Tunisia's central bank said on Thursday tourism revenue in first two months in 2016 fell by 54 percent to 182 million dinars compared with the same period of 2015.. Tourism industry accounts for some 7 percent of Tunisia's GDP. Thirty-eight people were killed by a gunman at a hotel in Sousse on the Mediterranean coast in June, three months after 21...
TUNIS, March 31- Tunisia's central bank said on Thusrsday tourism revenue in first two months in 2016 fell by 54 percent to 182 million dinars compared with the same period of 2015..
ISTANBUL, March 31- Turkish output grew a stronger-than-expected 4 percent in 2015, official data showed on Thursday, as robust domestic demand provided cheer for an economy that has been weighed down by political and security concerns in recent months. Spillover effects from the conflict in neighboring Syria have dented Turkey's key tourism industry and...
LONDON, March 31- TUI Group said summer holiday bookings were higher than last year, outshining rival travel firm Thomas Cook which said last week that customers were delaying plans due to security concerns. An attack on tourists in Istanbul in January has caused demand for trips to Turkey to plunge in recent months, while last year there were also attacks in...
As China's economy looks to be slowing, countries in the region are loading up on prophylactics.
Airbnb is offering thrill-seekers the chance to spend the night under the watchful eye of 35 sharp-toothed sharks.
Fancy a night with some sharp-toothed fish? Airbnb is offering three lucky individuals to win a one-night stay with a chosen guest at France’s Aquarium de Paris.
*Changing spending among China tourists adds to uncertainty. SEOUL, March 30- New players setting up shop in South Korea's $8 billion duty-free sales industry, the world's largest, are finding all that glitters isn't gold as Chinese tourists spend less and cornerstone luxury brands resist adding new outlets. The winners opened outlets in downtown Seoul...
Anbang has raised the stakes in the bidding battle for Starwood Hotels & Resorts with its latest $14bn offer. The FT reports.
Marriott isn't likely to offer another sweetener to its bid for Starwood Hotels, an analyst said. That could clear the path for rival Anbang to step in.
BRASILIA, March 28- Brazil's Tourism Minister Henrique Eduardo Alves said on Monday he turned in a resignation letter, becoming the first minister from the Brazilian Democratic Movement Party to leave President Dilma Rousseff's government.
Rising numbers of female millionaires and billionaires around the world may help drive a rise in luxury health and wellness holidays.
Andrew Lobbenberg, head of the European transport team at HSBC Global Research, explains why terror attacks in Western Europe have a relatively short-lived impact on tourism and travel.
*Turkey suffers for bomb attacks this year. *British look to Spain, U.S., Cuba. ANKARA, March 23- Suicide bombings in Istanbul, a row with the Kremlin and hard times for the Russian middle class- all these factors spell trouble for Turkey's tourist industry and its wider economy.
A permanent “moon village” might allow tourists to holiday on the moon, as well as provide opportunities for science, business and mining, the European Space Agency has said.