SEOUL, Korea - Three out of 10 South Korean hotels and other tourism-related businesses said they could face a slump this year due to the global economic slowdown and the local currency's ascent ...
Around this time of the year, local businesses related to the tourism industry such as hotels and airlines are busy preparing for the anticipated arrival of Japanese tourists during the Golden ...
HONOLULU — A new report says hotels in Hawaii lost US$741 million last year, $1.1 billion since the tourism slump began in 2008.
Airbus SAS and Boeing Co., the world’s two biggest planemakers, expect a demand slump to continue for at least two more years as airlines pare growth following a record drop in air travel.
The JW Marriott and Ritz-Carlton hotels that share a downtown building will open in coming weeks amid one of the worst slumps in years for the hospitality business.
HONOLULU - Hawaii is facing its worst recession since becoming a state 50 years ago, dragged down by its reliance on a single industry.
Thomas Cook Group Plc and British Airways Plc slid in London trading after executives at both companies said the global recession may cripple tourism demand for two years.
DALLAS — The chief executive of Southwest Airlines says travel slumped in early March from February's already sluggish pace and the airline industry hasn't yet hit bottom amid a recession.
According to state visitor statistics, the number of people traveling to Hawaii to get married last year plunged 16 percent from the previous year, to approximately 60,100 couples.
HONOLULU, HI - What began as a promising year for Hawaiian Airlines ended on a negative note due to volatile fuel prices and an "economic cataclysm" that resulted in a double-digit decline in ...
BERLIN (eTN) - The global economic recession arrived on the US tourism scene in September 2008 like an abrupt cold-weather front.
Premium air travel slumped further in November as global trade slowed and business confidence waned, adding to carrier woes, the International Air Transport Association said.
Visitor numbers to Ireland are likely to drop by at least 5% next year, on top of the 3% decline this year, Martin Cullen, the tourism minister, has warned.
The wide sidewalks along the usually bustling Kalakaua Avenue in Waikiki are empty, as are many of the stores, restaurants and famed beaches.
IN SPITE of gloomy economic forecasts, the cruise industry is in good shape to weather an economic downturn, speakers at the Seatrade cruise conference in Miami suggested this week.
Leisure industry leaders have lined up to blast the UK Government for its approach to tourism after figures showed that the number of visitors coming to Britain grew at its slowest pace since ...
© 2001-2014 eTurboNews, Inc. All rights Reserved