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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 salar

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 trav

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 yesterday.

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, 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

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 ministry s

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 Egypti

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 says.

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

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, 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 HotelsCombined.com we

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

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%

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

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 tourists to

Hotel foreclosures quadrupled in California in 2009

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 to

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%

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

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 Ireland.

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 report o