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Travel Tourism

  • Please note that the media slug for stories about tourist destinations affected by the U.S. government shutdown has been changed to USA- SHUTDOWN/TOURISTS from USA- CONGRESS-SHUTDOWN/TOURISTS.

  • Tourists pass by the Bar Floridita in Havana, Cuba.

    But tougher Trump policy means that American tourism dollars are flowing to the Cuban government and starving private businesses.

  • Jan 19- A third of Chinese conglomerate HNA Group's listed units have suspended trading in their shares since November as the group faces rising financing costs after a $50 billion acquisition spree over the past two years. 1. HNA-Caissa Travel Group Co Ltd. *Major shareholders: HNA Tourism Group Co Ltd owns 32.18 percent.

  • Tourism has been a winner from the 2016 Brexit vote which pushed down the value of the pound, making Britain a more attractive holiday destination for foreign tourists and encouraging British holidaymakers to stay at home. The number of overseas visitors to Britain rose by 2.7 percent year-on-year in the third quarter of 2017, the weakest increase in a year...

  • Organizers of the new Visit U.S. Coalition said the decline started in 2015 and repeatedly said they are not blaming President Donald Trump, who has been criticized by some in the travel industry for spurring a "Trump slump" with anti-foreigner rhetoric and policies. "People misinterpreted a lot of our security protocols to be an unwelcoming message," said Geoff...

  • Jan 16- The Trump administration's decision last week to exempt Florida from its national offshore drilling plan was based in part on the state's argument that a spill would cripple its crucial tourism industry. The Interior Department this month proposed opening up virtually all U.S. coastline to drillers as part of Republican President Donald Trump's...

  • MADRID— Spain says it had a record number of international visitors for the fifth consecutive year in 2017 and that one in five tourists chose the restive Catalonia region as their main destination. Preliminary statistics released by the Ministry of Tourism late Wednesday showed Spain had 82 million visitors from other countries last year, an increase of...

  • Airbus A380 unique for all the wrong reasons: Midas Aviation

    Airbus' A380 aircraft is "in the wrong place at the wrong time," and has come out "20 years too late," John Grant, partner at Midas Aviation, said.

  • TUNIS, Jan 8- Tunisia's currency hit a record low against the euro on Monday, driving up the cost of imports as small street protests broke out against rising inflation and poverty. Tunisia's economy has been in crisis since a 2011 uprising unseated the old regime and two major militant attacks in 2015 hit the tourism sector, which comprises 8 percent of GDP and is a...

  • *Govt says India needs about 200,000 more hotel rooms. NEW DELHI, Jan 5- India is planning to cut taxes on travel and tourism in next month's federal budget and give more incentives to the $210 billion sector, government sources said, hoping to boost economic growth and create more jobs. According to an industry report, tourism employs 40 million people in India and...

  • Company dedicated to promoting Myanmar tourism lists in Singapore

    The political situation in Myanmar definitely affects the its appeal to tourist, but it won’t break the tourism industry, says Serge Pun of Yoma Strategic Holdings.

  • WASHINGTON, Jan 4- The Trump administration on Thursday proposed opening nearly all U.S. offshore waters to oil and gas drilling, a move aimed at boosting domestic energy production that sparked protests from coastal states, environmentalists and the tourism industry. The effort to open previously off-limits acreage in the Atlantic, Arctic and Pacific...

  • A pedestrian walks past a bus stop with an advertisement for Florida during a winter blizzard in Boston, Massachusetts.

    CNBC's Eric Chemi takes a look at the toll winter cold and snow has taken on the tourism industry in Florida.

  • Travel industry investment in customer technology important

    Travelport Chief Architect Mike Croucher speaks about trends in the travel industry.

  • Here are some offbeat travel ideas for 2018

    Daniel Houghton of the Lonely Planet says the travel guide has come up with a list of places off the main trail for 2018.

  • *Lauda, IAG, TUI, Thomas Cook had placed bids. *Lauda, Thomas Cook are out of race- source and press. Besides IAG, the owner of British Airways and low-cost carrier Vueling, bidders for holiday airline Niki included tour operators TUI, Thomas Cook and former Formula One world champion Niki Lauda.

  • *Lauda, IAG, TUI, Thomas Cook had placed bids. *Lauda, Thomas Cook are out of race- source and press. Besides IAG, the owner of British Airways and low-cost carrier Vueling, bidders for holiday airline Niki included tour operators TUI, Thomas Cook and former Formula One world champion Niki Lauda.

  • Pakistani personnel stand on a ship carrying containers at Gwadar Port, Pakistan, during the opening ceremony of a pilot trade program between Pakistan and China on November 13, 2016.

    China is building infrastructure developments — and relationships — with many countries as part of its Belt and Road Initiative.

  • Tourism accounts for about 8 percent of Tunisia's gross domestic product, provides thousands of jobs and is a key source of foreign currency, but has struggled since two deadly militant attacks in 2015.. Tunisia's tourism revenues rose by 16.3 percent to 2.69 billion dinars, data showed. In 2010 Tunisia's tourism revenues had hit a record at 3.5 billion dinars...

  • *Lauda, Thomas Cook also still in the running- Lauda. BERLIN, Dec 22- IAG, the owner of British Airways and low-cost carrier Vueling, is one of the four bidders selected for the final stages of talks over the assets of insolvent Austrian airline Niki, three people familiar said. British tour operator Thomas Cook and Niki's founder, former Formula One world champion...