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....Debt-stricken Greece is braced for a record-breaking 30m holidaymakers this year, almost three times its population. Addressing the Panhellenic Exporters Association last week, the tourism minister Elena Kountoura said that between January and May there had been a noticeable increase in arrivals, revenues and occupancy rates with summer bookings in some areas rising by as much as 70%. ... [Read full article on Guardian ]
Saturday 1st of July 2017 07:00:08 AM
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Latest Finance News related to Tourism

'Tourism is our lifejacket': debt-stricken Greece gets record number of visitors image
....Debt-stricken Greece is braced for a record-breaking 30m holidaymakers this year, almost three times its population. Addressing the Panhellenic Exporters Association last week, the tourism minister Elena Kountoura said that between January and May there had been a noticeable increase in arrivals, revenues and occupancy rates with summer bookings in some areas rising by as much as 70%. ...
Queen's speech doesn't help British businesses frozen out of EU space contracts image
....”. The new bill will pave the way for new commercial space launches from the UK – and small satellites, rather than space tourism, are expected to be the initial focus. ...
UK attracts record overseas tourists after pound's Brexit slide image
Source : Guardian [Read Article] Friday 16th of June 2017 11:47:05 AM
. Record numbers of overseas visitors came to the UK in April, and spent record amounts of money in shops, hotels and restaurants in fresh evidence of a fillip to tourism from the steep fall in sterling. ...
Visitor numbers fall at UK attractions after terrorist attacks image
Source : Guardian [Read Article] Tuesday 13th of June 2017 07:24:26 AM
....com, said she was hopeful that tourists would continue to come to the capital. “It’s impossible to predict what impact recent events may have on the tourism sector, but anecdotally we are not seeing a wave of cancellations. ...
Tories have ‘shameful record’ on FOBT gambling, says Labour image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:19:03 PM
....Despite the prominence of Labour constituencies in the top 10, the highest losses were recorded in a Conservative seat, the Cities of London and Westminster, where gamblers lost £31m in 120 bookmakers, an average of more than £250,000 per shop. The data, which shows that nine of the top 10 biggest losses are in London constituencies, may be skewed by the high number of people who do not live in those areas but pass through for work and tourism. ...
Russia lifts sanctions on Turkish food in diplomatic thaw image
Source : BBC [Read Article] Friday 2nd of June 2017 02:18:40 PM
.... . Russia is also lifting a ban on Turkish workers in the construction sector, in tourism and in hotel businesses. ...
Spain's top anti-corruption prosecutor quits over Panama link image
Source : Guardian [Read Article] Thursday 1st of June 2017 01:21:08 PM
....Pablo Iglesias, leader of the anti-austerity Podemos party, said “offshore ministers and prosecutors who corrode democracy and are parasites on institutions” needed to be thrown out of office. In April last year, Spain’s industry, energy and tourism minister, José Manuel Soria, resigned after alleged links to offshore dealing emerged in the Panama Papers, the leaked documents created by the Panamanian law firm Mossack Fonseca. ...
Feeding the kitty image
Source : BBC [Read Article] Wednesday 31st of May 2017 12:01:02 AM
.... It will be their first visit since 2005, in what should be a mouth-watering series of clashes. Each Lions tour generates millions of pounds in turnover, with revenues pouring in from major sponsorship deals, tourism and other events such as high-profile gala dinners. ...
Trapped in debt image
Source : BBC [Read Article] Thursday 25th of May 2017 11:21:21 PM
....Roads and highways are being laid all over the country, and some have really shortened travel time between towns and cities. This has helped boost tourism, the country's biggest source of foreign income. ...
Mongolia gets financial aid totalling $5.5bn from IMF image
Source : BBC [Read Article] Thursday 25th of May 2017 04:51:17 AM
....The resource-rich nation suffered a slowdown after commodity prices collapsed, and demand slowed. The donors' programme will also look at how agribusiness and tourism sectors could contribute to economic growth. ...
Australia leads fight to save Trans-Pacific Partnership trade pact image
Source : Guardian [Read Article] Sunday 21st of May 2017 06:06:03 AM
....But some remaining members of the pact – the so-called TPP 11 – are desperate to keep the deal alive, believing the pact will lock-in free trade as well as boost labour rights and environmental protections. After the Sunday morning meeting, the Australian minister for trade, tourism and investment, Steve Ciobo, said: “It’s important to leave the door open to the United States. ...
Labour's water renationalisation plan is a damp squib | Nils Pratley image
Source : Guardian [Read Article] Tuesday 16th of May 2017 07:34:13 PM
....Over the past 21 years, easyJet has recorded losses in 19 winter periods. That’s the way life runs in the tourism-driven budget airline business. ...
'Eat to extinction image
Source : BBC [Read Article] Friday 5th of May 2017 11:10:19 AM
...."Let's help the Danes eliminate these oysters invaders!" wrote one Beijing tour operator, which is also offering a certificate after completing the trip. Danish fisherman and tourism industries are already feeling "optimistic" about the impact of the viral news, according to embassy officials. ...
Italy's ​Alitalia to enter administration after staff reject rescue deal image
.... James Hogan, chief executive of Etihad, which took its stake in Alitalia during the last restructuring in 2014, said the airline required “fundamental and far-reaching restructuring to survive and grow in future”. Hogan said new challenges, including greater low cost carrier competition and the impacts of terrorist events on tourism demand, meant further, deeper change was required. ...
UK holiday parks hope for staycation boom as pound slides image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 06:01:20 AM
.... These businesses often struggled to set cash aside for renovations and additional amenities due to peaks and troughs in cashflow, according to the Ortus report. “Like many other businesses in the tourism, leisure and hospitality industries, operators need to commit to continued capital investment in order to maintain competitiveness and stay ahead of the game,” Salisbury said. ...
Qantas offers first ever direct UK to Australia flights from £1,095 image
Source : Guardian [Read Article] Thursday 27th of April 2017 11:07:29 AM
....He said the route, first announced in December, would appeal to both tourists and business travellers. “This route makes Western Australia a new tourism gateway for Australia. ...
Job opportunities image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:12:43 PM
....He says he used to be employed as a driver at a local tour company. But with the collapse in the tourism industry following the Arab Spring, he's now looking for a new source of income. ...
TV drama and the weak pound set the scene for holidaymakers image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:01:32 PM
....The appeal of Britain's small screen dramas abroad is being dubbed "The Crown effect" after the biopic series about the British Queen. Added to the impact of a weaker pound it is helping set the scene for a bumper year for UK tourism. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
....Burberry shareholders did splendidly during the boom years for luxury goods, but the recent air of frustration won’t be cleared by yet another update that was long on grumbles about the “uncertain environment”, even though the company received the great gift of a lower pound. The effect of sterling’s post-referendum fall was seen in tourism-driven strong sales in the UK. ...
Rocket launch firm blasts onto Milan stock market image
Source : BBC [Read Article] Monday 10th of April 2017 01:05:19 PM
....US-based SpaceX, perhaps the best known operator, has raised more than $1bn from investors. The company, headed by entrepreneur Elon Musk, launches satellites and space cargo flights but also has its sights set on space tourism. ...
UK holidaymakers must keep EU rights after Brexit, says Abta image
Source : Guardian [Read Article] Tuesday 4th of April 2017 06:01:44 AM
.... The government must also make sure transition agreements are in place if needed. Travel and tourism is one of the UK’s largest industries and it is vital that the government makes sure it can continue to thrive during and after the negotiations. ...
Wildlife travel agent drops zoo trips image
Source : BBC [Read Article] Monday 3rd of April 2017 11:58:11 AM
. A leading marketer of "responsible tourism" has decided to stop selling tours that include visits to zoos. ...
EU departure but … UK sees record-breaking increase in visitors image
Source : Guardian [Read Article] Wednesday 29th of March 2017 10:58:18 AM
....Stay-at-home holidaymakers in the UK are likely to be rubbing shoulders with even more overseas visitors this summer, according to statistics that suggest Brexit could lead to an influx of foreign tourists. As Article 50 is triggered, marking the start of the process through which Britain will leave the EU, voices from the tourism industry suggest this summer will be a strong period, with a record-breaking increase in visitor numbers, as well as an increase in how much they spend. ...
Fawlty language image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:15:15 PM
....And the classic BBC comedy series Fawlty Towers is being deployed by some teachers in an attempt to give Japanese students an example of spoken English - rather than focusing on written language and grammar. Japan's government and businesses want to use the Olympics to boost tourism and global trade and to present a positive image of Japan to the world. ...
London-Paris business and tourism partnerships announced image
Source : BBC [Read Article] Tuesday 28th of March 2017 01:34:45 PM
. The mayors of London and Paris have announced joint tourism and business schemes, a day before the UK's formal exit from the EU is triggered. ...
S Korea complains to WTO about China over Thaad image
Source : BBC [Read Article] Monday 20th of March 2017 09:12:27 AM
....China's National Tourism Administration ordered local travel agencies to stop selling tour packages to South Korea starting 15 March, according to Korea's Tourism Organisation. "Some estimates suggest that Beijing's travel ban could reduce the number of Chinese visitors to South Korea by up to 70%, resulting in billions of dollars in lost tourism-related revenue," Scott Seaman, director of Asia at the Eurasia Group, said. ...
Brexit-proof the UK economy with more R&D, say employers image
Source : Guardian [Read Article] Monday 20th of March 2017 07:01:30 AM
. Britain must Brexit-proof its economy by ramping up spending on research and development or risk being left behind in the global race to deliver game-changing innovations in areas such as space tourism and robotics, the country’s leading business group has said. ...
Abta website: Holidaymakers hit by cyber attack image
Source : BBC [Read Article] Thursday 16th of March 2017 11:39:43 AM
....ABTA is the UK's largest travel association, representing travel agents and tour operators who sell £32bn of holidays and other travel arrangements each year, according to its website. The organisation gives advice and guidance to holidaymakers, sets standards for travel firms and promotes responsible tourism in the UK and abroad. ...
Ian and Greg Chappell call on Adani to abandon Carmichael mine project image
Source : Guardian [Read Article] Thursday 16th of March 2017 01:46:56 AM
....”. His delegation includes a Great Barrier Reef tourism operator, a grazier near Adani’s mine site and an Australian Marine Conservation Society campaigner, who all warn of the damaging impacts of what would be one of the world’s largest coal projects. ...
Iceland to end capital controls from 2008 financial crisis image
Source : BBC [Read Article] Sunday 12th of March 2017 03:14:37 PM
....The removal of the capital controls - which helped stabilise the currency and economy during the country's financial crash - represents the completion of Iceland's return to international financial markets. Since the nation's financial collapse, the economy has seen a robust recovery, helped by a boom in tourism. ...
Brexit, airlines' worst fear, has become their preoccupation image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:29:50 AM
.... Paperwork swiftly deters leisure travellers, as easyJet found when tighter immigration rules killed off flights from the UK to Moscow that it had battled to secure. The British government says it will continue to work closely with the industry, adding that it is in the interests of all European countries to maintain open air links – with British passengers vital, for example, for Dutch long-haul flights and Spanish tourism. ...
Is China retaliating against Lotte missile deal? image
Source : BBC [Read Article] Monday 6th of March 2017 09:08:11 AM
....There are reports of a broader backlash against South Korean products and industries from China. China's national tourism administration has told travel agencies to stop selling group packages in South Korea, according to South Korean news agency Yonhap. ...
City news: Merlin Entertainments, Sportech, and Mike Ashley  image
Source : Daily Express [Read Article] Friday 3rd of March 2017 08:59:00 AM
....46billion as the firm acknowledged the recent impact of international terrorism. Chief executive Nick Varney said: “We expect a more competitive pound to help inbound tourism to London recover and drive more ‘staycations’ from UK residents. ...
Recipe for success image
Source : BBC [Read Article] Thursday 2nd of March 2017 12:11:31 AM
....Another business that offers team-building cookery classes for corporate clients is Waffle Workshop, which is based in Brussels. Founded in 2015 by Titch Fauconnier, the 29-year-old was originally targeting the tourism market, but decided to add corporate events after visitor numbers to the Belgian capital fell sharply last year following the bomb attack at the city's airport. ...
SpaceX to fly two tourists around Moon in 2018 image
Source : BBC [Read Article] Monday 27th of February 2017 11:48:09 PM
....Read more from Jonathan. What do you want to know about travel to the moon and space tourism? Ask your question and a BBC journalist will investigate the most popular ones. ...
Brexit economy: can consumers keep shoring up the UK? image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 10:41:44 AM
.... But the ONS said there was little evidence so far of a boost to exports from a weaker pound, which in theory makes UK goods more competitive in overseas markets. The weak pound, which has dipped again this month, does appear to be helping tourism, however, with a record number of overseas visitors to the UK in 2016. ...
UK enjoys record tourism as fall in pound boosts visitor numbers image
Source : Guardian [Read Article] Friday 17th of February 2017 05:58:19 PM
....The poundhas also been down sharply against the euro prompting visits from the rest of the EU to rise 8% in the last quarter on a year earlier. The tourism minister, Tracey Crouch, sought to emphasise that other factors apart from the weak pound were drawing in visitors. ...
Brexit vote begins to bite as rising food and fuel bills hit retail sales image
Source : Guardian [Read Article] Friday 17th of February 2017 12:51:52 PM
....”. There has been a silver lining to the pound’s fall, with the latest tourism figures from the ONS on Friday suggesting sterling’s devaluation has helped lure overseas tourists to the UK. ...
Automated holidays: how AI is affecting the travel industry image
Source : Guardian [Read Article] Friday 17th of February 2017 06:00:02 AM
....So far, at least, that has not meant a decline in jobs. According to the most recent EU statistics, although overall employment declined from 2008 to 2014, it rose in tourist accommodation and selected tourism industries: now tourism employs just over 12 million people within the EU. ...
Let’s move to Kirkwall and Orkney: all sea, sky and peace image
Source : Guardian [Read Article] Friday 10th of February 2017 04:30:13 PM
....”. Steve Sankey “We moved to South Ronaldsay from Edinburgh, to start a wildlife tourism business, raise our son and farm organically. ...
‘A horrendous notion’: small firms object to tourist tax proposals image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:15:00 AM
.... Four out of five Scottish small firms are against a plan to introduce such a tax, according to a Federation of Small Businesses poll published last June. A spokeswoman for Edinburgh council says: “A form of tourism tax in Edinburgh is purely at the negotiation stages, so [there is] no confirmation of mechanisms or costs to share. ...
Business leaders call for transport revolution to rebalance UK economy image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:00:22 AM
....“That is why government must seize the opportunity presented by the creation of a new aviation strategy to act on the recommendations of this report and and deliver the appropriate policy to enable UK airports to secure as many connections with global markets as possible. As well as investment in transport infrastructure, that includes reform of aviation taxes and border and visa policies that encourage, rather than hinder trade and tourism. ...
Brum rush: Birmingham becomes tourist hotspot image
Source : Guardian [Read Article] Wednesday 1st of February 2017 07:05:07 AM
....The boss of Birmingham airport, Paul Kehoe, said it was also celebrating its most successful year ever: “Birmingham has become one of the great cultural powerhouses of Europe; this is an exciting time and proud moment for our city. International visitors are at a record high, as is domestic tourism. ...
Luxury retailers hope Chinese new year tourists will leave them crowing image
Source : Guardian [Read Article] Saturday 28th of January 2017 08:00:49 AM
....Chinese shoppers are particularly good news for the UK’s retail sector asthey are big spenders, spending an average of £2,174 each during their stay – about three and a half times the average of other visitors. Patricia Yates, director of tourism at VisitBritain, said the evidence was that the Chinese opt for mid-price accommodation so they can concentrate on acquiring luxury goods, particularly handbags and purses and other personal accessories. ...
The UK’s economy is London-centric. Brexit is the chance to change that | Laurie Macfarlane image
....Given that the top five areas that voted for leave were all coastal communities, it’s time for a “blue new deal”. That means generating prosperous local economies by harnessing the potential of the sea to revitalise our coast by boosting industries such as small-scale fishing, tourism, aquaculture and renewables. ...
Can post-Brexit London survive as Europe's cultural and financial capital? image
.... It is a city with a population of more than eight million, and an economy the size of Belgium’s. Its prosperity has depended not simply on tourism, but on being a leading centre for business, finance, education, technology and the creative industries. ...
Jobs lost and broken relationships: legacy of the Southern rail crisis image
Source : Guardian [Read Article] Saturday 21st of January 2017 09:09:30 PM
.... I’ve heard from countless people whose family life has been strained to the point of breaking – with children’s bedtimes regularly missed, relationships breaking down and an enormous increase in stress. “Our local economy is also suffering: I’ve heard from companies concerned about missing out on pitching opportunities, from tourism businesses losing out due to travel uncertainty for visitors and from businesses that no longer hold their meetings and events in Brighton as their colleagues simply can’t get here, compounding the losses to trade locally. ...
Why we must make homes truly affordable for our key workers image
Source : Guardian [Read Article] Saturday 7th of January 2017 07:00:12 AM
....For example, a nurse will treat thousands of patients a year, getting them back to health and into the workplace. “The wage of a teacher, or nurse, or tourism worker is much lower than the productive contribution they make to the economy and society,” says Professor Peter Urwin from the University of Westminster, one of the authors of the report, Estimating the Value of Discounted Rental Accommodation. ...
Business confidence stabilises but Brexit jitters linger image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 12:01:38 AM
....Manufacturing and the hospitality and leisure industries in particular have benefitted from the slide in sterling. Confidence among manufacturers doubled to 28%, and jumped to 28% from 16% among hotels, restaurants and other leisure businesses, as the weaker pound has led to a mini tourism boom. ...
Creative industries are key to UK economy image
Source : Guardian [Read Article] Sunday 1st of January 2017 12:05:41 AM
....Across Britain, from Margate to Manchester, from Bristol to Nottingham, many arts organisations play a pivotal role in civic life. The more far-sighted local authorities (and there are many) have for two decades seen a stunning return on their investment, in terms of education, public health, tourism, jobs – and, most of all, pride. ...
Harry Potter and Sherlock Holmes to promote Brexit Britain in 2017 image
Source : Guardian [Read Article] Sunday 1st of January 2017 12:04:40 AM
....As Brexit Britain prepares to promote itself to the world, the government is pushing a global “GREAT” Britain campaign to showcase what the nation has to offer visitors. A central theme will be the diversity of British tourism as Wales promotes a Year of Legends, which will pay tribute to the country’s epic myths, and Scotland celebrates a Year of History, Heritage and Archaeology. ...
Deadline looms for Indian cash overhaul image
Source : Guardian [Read Article] Friday 30th of December 2016 11:56:17 AM
....4% increase in the value of income tax collected since the policy was introduced, while indirect tax collection had grown by 26%. The life insurance, tourism and air travel industries had also shown strong growth, he added. ...
Bumper year ahead for British tourism thanks to pound slump image
Source : Guardian [Read Article] Thursday 29th of December 2016 05:53:58 PM
....Overseas visitors are expected to spend £24. 1bn next year, up 8% on 2016, according to VisitBritain, the government-backed national tourism agency. ...
Facebook Safety Check creates false alarm in Bangkok image
Source : BBC [Read Article] Wednesday 28th of December 2016 04:27:27 AM
....It turned out Facebook was generating an automatic request to people to declare themselves safe, so even experienced journalists, who would have realised the story was not genuine, inadvertently gave it some credence by responding to the Facebook prompt. In a country so dependent on tourism any report of a suspected terrorist attack is a serious matter. ...
Japan parliament legalises casinos image
Source : BBC [Read Article] Thursday 15th of December 2016 12:38:33 AM
.... It had already been passed in the upper house. The move was backed by Prime Minister Shinzo Abe, who believes the changes will stimulate tourism and help the country's flagging economy. ...
Gambling shares up on Japan casino vote image
Source : BBC [Read Article] Wednesday 14th of December 2016 01:04:38 AM
....The new bill, which will now go before politicians in Japan's upper house, proposes allowing large-scale projects that will combine casinos with hotel, shopping and conference facilities. Attracting tourists is one of the key economic policies of Japan's Prime Minister Shinzo Abe and supporters say these developments will bolster the country's flagging economy and help support tourism after the 2020 Tokyo Olympics. ...
Airbnb a solution to middle-class inequality, company says image
Source : Guardian [Read Article] Tuesday 13th of December 2016 01:01:57 PM
....“Ultimately, we’re willing to go in either direction, depending on how those cities want to handle it. “There are a bunch of tools that we can put into place, working very closely with the government, so that they’re able to meet the objectives that they want – benefiting the middle class, getting the benefits for tourism, but also making sure that they’re doing right by the housing market. ...
Qantas to fly from London to Australia non-stop image
Source : BBC [Read Article] Sunday 11th of December 2016 09:51:32 AM
....The 9,000 mile (14,498km) flight will take 17 hours. Perth will be a hub for passengers from eastern Australia going to the UK, tourism minister Steven Ciobo said. ...
Qantas confirms non-stop Perth to London flights from March 2018 image
Source : Guardian [Read Article] Sunday 11th of December 2016 06:37:05 AM
....“Today’s announcement is fantastic for West Australians with the non-stop service making travel to the UK more appealing, and over time it is expected it will open up the potential for direct routes to and from other European cities,” he said. “The tourism benefits to the state are enormous. ...
My year of no spending is over – here's how I got through it image
Source : Guardian [Read Article] Saturday 26th of November 2016 06:00:24 AM
.... I would like to say thank you to those who engaged with me on social media to say they were enforcing their own spending bans whether on clothes or a month-long ban – they all helped me keep my resolve. That’s not to say that everyone was happy about my experiment, with some accusing me of poverty tourism, but there is a big difference between poverty and frugality. ...
Skyscanner sold to China's Ctrip in £1.4bn deal image
Source : Guardian [Read Article] Thursday 24th of November 2016 05:04:39 AM
Thomas Cook resumes dividend despite fall in profits image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 09:20:21 AM
....The travel company reassured consumers it did not expect the sharp fall in the value of the pound since the Brexit vote to make foreign holidays more expensive in the year ahead, and as a business it benefited because two-thirds of its revenue is made in other currencies. Peter Fankhauser, the company’s chief executive, said that while it had been a tough year for the tourism industry, Thomas Cook had responded swiftly to challenges, switching to providing more holidays in Spain when demand plunged for destinations in Turkey. ...
Thomas Cook profits down in tough year image
Source : BBC [Read Article] Wednesday 23rd of November 2016 08:10:06 AM
. Thomas Cook's profits have fallen after a tough year for the tourism industry, with trading affected by terror attacks in Europe and political instability in Turkey. ...
Malaysian Grand Prix: Sepang to no longer host Formula 1 from 2018 image
Source : BBC [Read Article] Tuesday 22nd of November 2016 06:41:24 AM
....Red Bull's Daniel Ricciardo won at Sepang in October but only 45,000 fans attended the 120,000-capacity circuit. "From the longer term perspective, it's probably the correct decision because it's more expensive and no longer that attractive," said Nazri Abdul Aziz, the country's culture and tourism minister. ...
Cyprus, crisis and the bank that came back from the brink image
Source : Guardian [Read Article] Saturday 19th of November 2016 04:00:12 PM
....In the depths of the eurozone crisis, anyone with more than €100,000 in savings lost money and the island’s second-largest bank, Laiki, was shut down almost overnight under the terms Nicosia agreed to in 2013. Bank of Cyprus took on the smaller depositors at Laiki and Hourican was recruited to turn around an institution that had, as he has put it, embarked on “managerial tourism”. ...
'No cash at the airport' image
Source : BBC [Read Article] Tuesday 15th of November 2016 12:55:14 PM
...."The majority of the Indian population is poor and it is horrendous the impact this is having on them. Also, the country relies on tourism - November is when visitors start going to India because of the good weather. ...
Burberry cuts product lines in response to volataile market image
Source : Guardian [Read Article] Wednesday 9th of November 2016 01:13:09 PM
....Burberry is cutting 15-20% of its product lines, after the luxury fashion brand’s profits fell by a quarter in the first half of the year. The company’s profits were hit by dwindling tourism spending in Europe and tougher trading in the US and Hong Kong. ...
Egypt allows its currency to float freely image
Source : BBC [Read Article] Thursday 3rd of November 2016 09:09:12 AM
....Egypt has struggled to attract foreign investment since the political turmoil in 2011 during the so-called Arab Spring that saw former president Hosni Mubarak overthrown. The change of regime dented tourism numbers, one of Egypt's most important foreign currency earners, and prompted a general fall in international investor confidence. ...
Wage gap image
Source : BBC [Read Article] Tuesday 1st of November 2016 12:17:12 AM
.... . For many Cubans, the issue of employment with foreign companies gets to the heart of their questions about how the rapprochement with the United States - and the subsequent boom in tourism - will benefit them. ...
Forget diamonds … how about clothes and boots that last forever image
Source : Guardian [Read Article] Wednesday 26th of October 2016 08:04:20 AM
.... If you’re first to post a comment on an item you can wear the clothes for a week before passing them on to the next person. It’s an initiative by VisitSweden and the Swedish Institute, a Swedish tourism agency. ...
Thai tourism after the death of the king image
Source : BBC [Read Article] Monday 24th of October 2016 11:45:14 PM
. How has tourism in Thailand been affected since the death of the king?. ...
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Hilton unveils sale of 25% stake to China's HNA image
Source : BBC [Read Article] Monday 24th of October 2016 02:33:58 PM
.... . Chinese companies have increasingly been investing in tourism-related businesses overseas as more Chinese citizens travel abroad. ...
'Everything is cheaper': Burberry UK sees tourist boom image
Source : BBC [Read Article] Tuesday 18th of October 2016 10:59:10 AM
....0%. The most recent official statistics also show signs of a tentative rise in tourism, with overseas residents making a whopping 3. ...
UK inflation at 1% as price of clothes and fuel rises image
Source : BBC [Read Article] Tuesday 18th of October 2016 08:33:31 AM
....The recent row between Tesco and Unilever over the price of Marmite and other foods was "a taste of things to come", he said. Kathleen Brooks, research director at City Index, said that with the fall in the pound: "Oil imports are getting more expensive, clothing imports are also costing more, and the weak pound is boosting the tourism industry, which appears to already be fuelling a rise in hotel prices. ...
Dalian Wanda woos Hollywood filmmakers to China image
Source : BBC [Read Article] Tuesday 18th of October 2016 05:24:36 AM
.... . Wanda's expanding entertainment and tourism sector spans movie cinemas, theme parks and film production. ...
Australian casino shares tumble after China arrests image
Source : BBC [Read Article] Monday 17th of October 2016 06:58:25 AM
....Most gambling is illegal on mainland China, and soliciting its citizens to gamble overseas is also banned. But some firms have continued to market resort and tourism services where their casinos are located. ...
Pound steadies after recent slump image
Source : BBC [Read Article] Wednesday 12th of October 2016 09:37:39 AM
....It matters for multinational companies like pharmaceutical firms which earn much of their income in dollars. It matters for the tourism industry in the UK, as foreign visitors flock here for bargains and good value holidays. ...
Pound sees further volatile trading image
Source : BBC [Read Article] Tuesday 11th of October 2016 06:45:51 PM
....It matters for multinational companies like pharmaceutical firms which earn much of their income in dollars. It matters for the tourism industry in the UK, as foreign visitors flock here for bargains and good value holidays. ...

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