Iran

Iran’s 2nd tourism confab slated for Nov. 8-9

TEHRAN – The 2nd international conference on investment opportunities in Iran’s tourism industry will be held at the conference hall of Milad Tower in Tehran during November 8-9.

Philippines

Trump eyes tourism investment in Subic

A group that includes American real estate mogul Donald Trump is investing as much as $1 billion to develop a high-end leisure facility in Subic, Olongapo City.

"Future Of Investment"

First World Tourism Investment Summit showcases major development projects in Busan, Korea

CANADA - The first World Tourism Investment Summit, coordinated by the Canada-based World Trade University Global Secretariat (WTU), was hosted by the Busan Metropolitan Government of the Republic of

South Africa

Tourism is not dead yet - Van Schalkwyk

Despite the current global financial crisis, new opportunities in tourism are still arising, Tourism Minister Marthinus van Schalkwyk said on Tuesday.

Invest In Germany Reception At ITB Asia

Cities and landscapes of Germany centers of tourism investment

BERLIN - Germany is one of Europe's leading travel destinations, with a share of almost 20 percent of industry value in the European hotels and motels industry.

Kenya

Investments in tourism up to Sh1bn

Investments in tourism increased last year to Sh1.6 billion. The money was spend on expanding and improving available facilities countrywide.

Sheldon G. Adelson And Family Invests $475 Million

Las Vegas Sands Corp. announces investment from its chairman and CEO

LAS VEGAS, NV - Las Vegas Sands Corp. announced today that Sheldon G.

Turkey

Turkey to spend $320 mln to strengthen tourism

The Turkish Tourism Ministry and the private sector will contribute a budget of $320 million to strengthen Turkey’s tourism sector and expand to new markets via advertising.

Business Events Infrastructure To Be Showcased At PAICE

Australia to showcase $3.7 billion investment

A record number of 45 Australian exhibitors have descended on Auckland to attend the Pacific Area Incentives and Conferences Expo (PAICE), commencing August 19.

29 New Hotels In Mexico Help Fuel Company's Record-Setting Global Growth

Marriott International to nearly triple its presence in Mexico in five years

BETHESDA, Maryland - Marriott International, Inc. announced today four signed agreements that it expects will nearly triple its lodging presence in Mexico over the next five years.

SpiceJet

Billionaire Ross invests in loss-making India airline

U.S. billionaire Wilbur Ross, who worked on the bankruptcies of Continental Airlines Inc. and Trans World Airlines Inc. in the 1990s, will invest in SpiceJet Ltd.

there are good investments and then there are airline stocks...

Airlines have lost much of their market value

That's rarely been truer than right now, as most U.S. airline stocks are on a long slide and the best ones are measured by how little they've lost in value.

Multi-Million Dollar Investment

Travelport GDS to invest in the Middle East

Travelport GDS, who operates both the Galileo and Worldspan brands, has today announced a multi-million dollar investment in the Middle East, one of the world’s fastest-growing travel regions.

$500,000,000 For Libyan Tourism

Libya, Abu Dhabi Sign Tourism and Oil Joint Venture, WAM Says

Libya's Social and Economic Development Fund and Abu Dhabi-based Al Mibar International for Investments agreed to invest $500 million jointly in real estate and tourism in Libya, Emirates News Agency said.

The Libyan fund also signed an agreement with Abu Dhabi Executive Council to invest jointly in energy production in Libya and ... read more

UAE

Dubai success as $70b in investment committed to UAE tourism industry

The United Arab Emirates hospitality sector is growing on a huge scale despite negative global economic trends. Dubai has been highlighted as a star performer in the region.

Bulgarian Tourism

EU gives EUR 215M to Bulgaria for tourism development

Bulgaria is to receive EUR 215 M for tourism development under the Regional Development operative programme of the European Union, director of the National Tourism Board (NTB), Poly Karastoyanova, announced on Wednesday.

Middle East Tourism Investment Boom

Tourism investors warned to look ahead

Investors planning developments worth trillions of US dollars are being warned to devise contingency plans to account for all eventualities.

Algeria

80 partnership deals inked by tourism Ministry with national investors.

80 partnership contracts pertaining to a myriad of projects designed to inject new life into the flagging tourism sector in Algeria, were initialled Saturday in Algiers between the ministry of National Planning, Environment and Tourism and a number of Algerian investors.

Dubai

Expo to target tourism investors

Dubai - The tourism potential of $33-billion Dubai World Central (DWC) project will be a spotlight of a key exhibition in Dubai.