Travel Tourism


  • War of words mount between US and Iran

    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.

  • CNBC examines the growth potential of the tourism and hospitality industry in Sri Lanka, which hosted 1.8 million tourists in 2015.

  • China's HNA to acquire Radisson hotel chain owner

    A unit of China's HNA Group agrees to buy Carlson Hotels for an undisclosed amount.

  • Anadolu Holding, which has interests in banking, retail and brewing, plans to venture into real estate with two developments in Istanbul this year, while Aksoy Holding, an energy-to-tourism conglomerate, is building a luxury residential complex on the Aegean coast and plans another project in Istanbul. Construction lies close to heart of President Tayyip...

  • BEIJING, April 27- China's trade deficit in services widened to $21.0 billion in March from February's $16.0 billion, the foreign exchange regulator said on Wednesday. March's gap was largely led by a $19.1 billion gulf in spending between Chinese who spent more abroad than foreign tourists did in China, data from the State Administration of Foreign Exchange...

  • 1-on1 with Ajit Gunewardene

    Ajit Gunewardene, deputy chairman of John Keells Holdings, says tourists from India and China into Sri Lanka have been a boon for the island's economy.

  • DUBAI, United Arab Emirates— Saudi Arabia has plans to issue select visas to welcome tens of thousands of tourists a year as part of a sweeping national reform plan aimed at showcasing the country's rich heritage, including pre-Islamic sites, and encouraging Saudis to spend some of their tourist money at home. A day after Saudi Arabia outlined its Vision 2030...

  • Trump Hotels, the brand bearing the last name of Republican presidential candidate Donald Trump, sits near luxury brands like the Armani Hotel and the Palazzo Versace at the Arabian Travel Market exhibition being held in Dubai, the United Arab Emirates. Trump, who has long sought access to the oil-rich markets of the Middle East, has caused consternation and...

  • Can Saudi be oil-free?

    Helima Croft, CNBC Contributor and Managing Director of Global Head of Commodity Strategy at RBC Capital Markets, and Jean-Francois Seznec, Atlantic Council Senior Fellow and Georgetown University professor, discuss Saudi Arabia's economic reform plans to diversify away from oil.

  • HONOLULU— As a record number of visitors stream into Hawaii, state officials want residents to know: Tourism is your friend. The agency that promotes travel to Hawaii is starting an online video campaign to remind locals about the benefits of the state's biggest employer. The first installment features Honolulu chef Mark Noguchi talking about his...

  • We have global ambitions: Norwegian CEO

    Bjorn Kjos, CEO of Norwegian Air Shuttle, talks about the airline industry and says his company is not competing with low-cost Ryanair and EasyJet.

  • CNBC takes a look at the top European cities for a great party.

  • After fielding complaints for years about aggressive costumed characters pressuring tourists for tips, Mayor Bill de Blasio signed a bill Thursday to regulate where and how they operate in Times Square and to curtail any aggressive behavior. Manhattan Borough President Gale Brewer said the atmosphere in Times Square ranges "between fun and frightening,"...

  • Paris authorities view the building project— which made central Paris a construction site pockmarked with cranes for seven years— as an opportunity to gentrify the 70 s complex that was often voted among the city's the biggest eyesores by disgruntled Paris residents, and also attract a share of the millions of tourists who visit the city every year.

  • ARTEMISA, Cuba, April 14- In Cuban farm country- between sugar cane, vegetable patches and overgrown fallow land a world away from Havana's tourist-filled streets- producers are seething at what they say is the government's backsliding on promised market reforms to make their lives better. "It is still agony to farm," said 36- year-old Martin, whose attempts to grow...

  • LONDON, April 14- British luxury fashion brand Burberry said tough conditions would hit profit in the year ahead after a drop in tourist spending in continental Europe and weak demand in Hong Kong depressed sales in recent months. Sales to traveling luxury goods customers, particularly from China, fell in Europe, while comparable sales in Hong Kong declined by...

  • Squawk C-Suite: Hong Kong Tourism Sector

    Tourists now want personal relationships with locals when travelling, says The Hongkong and Shanghai Hotels CEO, Clement Kwok.

  • Squawk C-Suite: Hong Kong Tourism Sector

    International events like Art Basel and Hong Kong Sevens are tourist attractions the city needs, says The Hongkong and Shanghai Hotels CEO Clement Kwok.

  • UPDATE 1- FEWER PARIS TOURISTS AND DKNY SHIFT HIT LVMH'S. *LVMH says tourism spending falls in Paris. April 12- Luxury industry leader LVMH said on Tuesday a poor performance in fashion and leather goods was due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.

  • A Facebook employee demonstrates use of the Oculus Gear VR virtual reality goggles at the Facebook Innovation Hub on February 24, 2016 in Berlin, Germany.

    A lot of focus has been placed on how virtual reality (VR) technology will transform the gaming industry, but it has many real-world uses.