Speaking to CNBC at the Rise Conference in Hong Kong, Melissa Yang, co-founder & CTO at Tujia, says China's housing market and stable economy will underpin the startup's future growth.» Read More
Ken Himmel, co-managing partner at Gulf Related, and president & CEO at Related Urban, discusses consumer spending in the Middle East.
South Korea, the top international destination for mainland tourists last year, may experience a shift in fortunes as an outbreak of MERS forces tourists to Japan.
Gangi, a town in Sicily, is giving away older homes for free, but requiring the new to owner renovate the building, NYT reports.
ATHENS, June 22- Tourists exploring the antique sites of Athens on Monday said they weren't sufficiently worried about Greece's debt crisis to stock up on extra money, despite warnings by some travel groups that bank dispensing machines could shut. Greece is locked in last-ditch talks with its creditors in Brussels for an urgently-needed aid deal to avoid a...
LONDON/ MUNICH, June 19- An escalating debt crisis that may force Greece's banks to shut next week has only slightly dented tourists' appetite for island holidays in the country, with advance demand for package tours still robust, travel operators said this week. Europeans make up the lion's share of visitors to Greece, with Britons and Germans accounting for 20...
Since mid-2014, there is a significant shift towards domestic travel among Russians as the ruble starts to see extreme fluctuations, says Murad Sofizade, co-founder & COO of TravelTipz.ru.
David Beirman, senior lecturer, School of Leisure, Sport and Tourism at University of Technology, discusses news that South Korea is offering tourists with a free insurance plan amid the country's MERS outbreak.
LONDON, June 15- Britain's Thomas Cook, the world's oldest tour operator brand, has joined forces with Fosun International in China to tap into the booming travel market there. Thomas Cook said it was setting up a joint venture with Fosun, which owns 5 percent of the British firm, to better compete in a rapidly growing market in China for travel, both domestic and...
In this special report titled "Global Opportunities Philippines", CNBC's Pauline Chiou looks at whether the Philippines has what it takes to become Asia's next gaming hub.
Andrew Jones, vice chairman of Pacific Asia Travel Association, says a "wait and see" attitude among travelers is behind the cancellations and reduction in holiday bookings to South Korea.
*Two attacks in eight days on top destinations. CAIRO, June 11- After a violent campaign directed at security forces, Egyptian militants appear to be zooming in on President Abdel Fattah al-Sisi's most vulnerable point: the economy. Security forces on Thursday dismantled a bomb found at the entrance of the supplies ministry in Cairo, state news agency MENA said.
David Dingle, chairman of Carnival U.K., explains the concept behind Carnival's new product: A "do-good" cruise, where passengers volunteer while cruising around the world.
Tony Michell, managing director at Korea Associates Business Consultancy, says South Koreans are avoiding visits to department stores and the country is seeing a drop in tourist arrivals.
An apparent electrical fire broke out Wednesday afternoon in a Times Square high rise.
SEOUL, June 5- An outbreak of a deadly respiratory disease in South Korea could hurt consumer spending and tourism and is ramping up the pressure on the nation's central bank to cut interest rates as early as next week, a central bank source said. With four deaths and 41 cases, the spread of MERS in South Korea is the worst outbreak outside of the Middle East- forcing...
MIAMI, June 4- Carnival Corp will tap into the volunteer tourism market with week-long trips beginning in 2016 that include up to three days of organized humanitarian work in the Dominican Republic, the company announced on Thursday. They want to do something more and yet they don't really know where to begin, "said Tara Russell, president of the new cruise brand.
NEW YORK, June 4- The U.S. hotel industry is on a roll, enjoying its best performance since the booming 1990 s, but New York City has come off the boil, suggesting higher occupancy and room rates may have peaked in the No. 1 American tourism destination. Before the financial crisis New York had a supply deficit, keeping hotel rates and occupancies in Manhattan high, said...
Carnival us adding a new cruise line, one that caters to travelers with social consciences.
LOS ROQUES, Venezuela, June 4- Fears of being kidnapped or not finding toilet paper are not much of an incentive for a holiday in Venezuela. That is thanks to exchange controls skewing the economy in favor of anyone with foreign currency, meaning you can hire a boat to a Caribbean island for $15 a day, or trek through Andean mountains or Amazon jungle for a week, with...
Eric Schneider, Group head for APAC at MasterCard Advisors, says Bangkok's tourism sector is seeing rapid recovery and will reclaim its title as the world's most visited city "very shortly."