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Kingfisher Airlines stock drops below face value

Kingfisher Airlines Kingfisher Airlines stock drops below face value

NEW DELHI, India - Kingfisher Airlines Ltd dropped nearly 4 percent in trade to a fresh low on Monday after the airline faced a fresh setback on Saturday when its pilots -- who have not received ...

Cruise prices drop in the wake of Costa Cruses disasters

Cruise News Cruise prices drop in the wake of Costa Cruses disasters

Even before the second Costa cruise liner hit trouble in the Indian Ocean, prices of Mediterranean cruises had dropped by 15% in the wake of the earlier Costa Concordia disaster, claims a leading ...

Bahrain drops charges against athletes

Bahrain's King forgives all who spoke out against him Bahrain drops charges against athletes

MANAMA, Bahrain - Charges against more than 100 Bahraini athletes who took part in the nation's unrest earlier in the year will be dropped, Bahrain's Public Prosecution Office announced ...

Indian tourists' wallets get lighter as rupee dives

Indian Currency Slide Affects Tourism Indian tourists' wallets get lighter as rupee dives

Indian tourists visiting the UAE are finding their wallets are considerably lighter than they may have expected following the rupee's slump to an all-time low against the US dollar yesterday.

Survey: 2012 Olympics will kill London tourism

London leisure tourism to dive 95 percent during 2012 Olympics Survey: 2012 Olympics will kill London tourism

LONDON, England - London is set to suffer a 95 percent leisure tourism slump during the 2012 Olympic Games, a survey said on Sunday.

"Revolution" costs Tunisian tourism dearly

Tunisian tourism revenue plummets almost 40 percent "Revolution" costs Tunisian tourism dearly

TUNIS - Tourism earnings in Tunisia fell almost 40 percent year-on-year in the first nine months of 2011, hit by unrest which led to the ouster of former leader Zine el Abidine Ben Ali, the ...

Egyptian tourism plunges 28 percent

Turmoil in Egypt drives visitors away Egyptian tourism plunges 28 percent

DUBAI, UAE - Tourism in Egypt dropped by 28 per cent from January to July following the revolution that swept the country at the beginning of this year, according to the latest figures from the ...

New Zealand tourism down 6.5 percent

NZ tourism drops New Zealand tourism down 6.5 percent

Disruptive events such as the Christchurch earthquake and Chilean ash cloud have not caused as large a fall in tourism spending as might have been feared, the Ministry of Economic Development ...

American Airlines pulling salads from Europe flights

E. coli strain scare American Airlines pulling salads from Europe flights

Salads are off the menu for all American Airlines flights departing from Europe.

Malaysia expects sharp drop in Japanese tourists

Japanese Tourism To Malaysia Malaysia expects sharp drop in Japanese tourists

KUALA LUMPUR, Malaysia - The Tourism Ministry expects a drop in Japanese visitors following the earthquake that triggered a 10m tsunami which killed more than 1,000 people.

Kiev hotel room prices plummet

Kiev experienced steepest fall in hotel room rates Kiev hotel room prices plummet

KIEV, Ukraine - Ukraine's capital Kiev topped the rating of the world cities which have experienced the steepest fall in the hotel room rates in January this year, the Australian ...

Cruise stocks tank

Cruise News Cruise stocks tank

New York - Shares of the world's largest cruise operators fell sharply on Wednesday on concerns about demand in Europe and on a drop in the broader stock market.

US hotel occupancy rate dives to 53.7% in February

US Hotel Occupancy Rate Down US hotel occupancy rate dives to 53.7% in February

Michael Gerrity

According to Smith Travel Research, the U.S. hotel industry reported decreases in all three key measurements during the week of 7-13 February 2010.

Mexico's tourism revenue drops 15%

Mexican Tourism Mexico's tourism revenue drops 15%

Mexico's revenue from foreign tourism dropped 15 percent in 2009 amid the global economic downturn and the swine flu epidemic.

Turkey trims down vacation prices after recent spat with Israel

Turkey Vacation Prices Lowered Turkey trims down vacation prices after recent spat with Israel

Following the recent crisis between Ankara and Tel Aviv, travel agents predict that holiday package prices to Turkey will drop by tens of percentage points in an effort to convince Israeli ...

Hotel foreclosures quadrupled in California in 2009

California's Hotel Industry Hotel foreclosures quadrupled in California in 2009

Nadja Brandt

Hotel foreclosures in California more than quadrupled last year as business travelers and vacationers cut spending and commercial real estate values plunged, forcing owners into default, according ...

Florida tourism numbers down

Florida Tourism Florida tourism numbers down

TALLAHASSEE, FL - The number of visitors to Florida dropped in the third quarter of 2009.

Tourist arrival numbers into Australia are forecast to drop by 2%

Australia Tourism Report Q4 2009 Tourist arrival numbers into Australia are forecast to drop by 2%

Since the severe acute respiratory syndrome (SARS) pandemic in 2003, tourist arrivals in Australia have grown steadily.

Ireland: Tourist numbers continue to drop

Ireland's Tourism Declines Ireland: Tourist numbers continue to drop

There have been calls for the Government to extend free travel to all EU citizens over the age of 66 after new figures reveal a slump of over 13 per cent in the number of overseas visitors to ...

Number of tourists to Preah Vihear Temple drops

Preah Vihear Temple Complex Number of tourists to Preah Vihear Temple drops

PHNOM PENH - The number of visitors to the Preah Vihear Temple complex dropped by a third in the third quarter of this year compared with the same period last year, according to a local media ...

Hotel prices drop 17 percent worldwide

Lowest Rates In 5 Years Hotel prices drop 17 percent worldwide

eTN Staff Writer

In the first 6 months of 2009, the average price of a hotel room around the world fell by 17 percent,according to the latest Hotels.com Hotel Price Index.

Spain projects 10% decline in foreign visitors

Spain's Tourism To Drop Spain projects 10% decline in foreign visitors

MADRID — The Spanish government said Thursday it expects to see a 10 percent drop this year in the number of foreign tourists in the country, the world's third most popular holiday ...

Rates at Miami hotels drop 21%

Miami Hotels Lower Rates Rates at Miami hotels drop 21%

Miami is among the top 10 markets in the country where hotel rates have dropped the most in the last year, according to a new report from Hotwire.com.

Ireland's tourism nosedives

Ireland Ireland's tourism nosedives

The continuing slump in Ireland's tourism sector shows no sign of easing with data for June showing a further sharp decline in visitor numbers.

Cathay Pacific parking planes after sales take a dive

Cathay Pacific Airways Cathay Pacific parking planes after sales take a dive

Cathay Pacific Airways Ltd., Hong Kong’s biggest carrier, intends to park six passenger planes by the end of the year after first-half sales slumped 27 percent.

Desperate Las Vegas slashes prices to lure the tourists back

Las Vegas Desperate Las Vegas slashes prices to lure the tourists back

Las Vegas is ramping up to slash hotel prices and room rates as the economic downturn has driven away tourists from the visitor-dependent city.

China's tourist numbers continue to decline

China China's tourist numbers continue to decline

As countries around the world are hit hard by the financial crisis, China’s tourism industry is impacted with ongoing decreases, as fewer tourists are coming from the US and Europe, according to ...

Air Transport Association reports sharpest drop in passenger demand in a decade

Passenger Revenue Down 26% In June Air Transport Association reports sharpest drop in passenger demand in a decade

eTN Staff Writer

The Air Transport Association of America (ATA) today reported that passenger revenue fell 26 percent in June 2009 versus the same month in 2008 - the eighth consecutive month in which passenger ...

IATA reports drop in premium business and first-class travel

Premium Travel Declines IATA reports drop in premium business and first-class travel

Premium business and first-class travel continued its 12-month drop in May, International Air Transport Association (IATA) reported Thursday.

Greek tourism sheds more than 19,000 jobs

Greece Greek tourism sheds more than 19,000 jobs

ATHENS - Greece's tourism industry has shed more than 19,000 jobs after arrivals at airports dropped by nearly a tenth in the first six months of the year, a trade group said on Tuesday.

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