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Global air traffic dipped in November – IATA

The International Air Transport Association (IATA) reports international scheduled traffic results for November showed 8.2% year-on-year passenger traffic growth, down from a 10% increase recorded in

Philippines expects 10% dip in tourism from Hong Kong

MANILA, Philippines — Malacañang is expecting a 10 percent decrease in tourist arrivals from Hong Kong due to the botched hostage rescue and police assault at the Quirino Grandstand last August 23.

European tour operators warn of alarming dip in trade

The annual Anglo-German race to be first to the coveted Mediterranean sun lounger with the beach towel looks set to be resoundingly won by Teutonic tourists this year, as it seems growing numbers of h

Rising fuel costs dampen Carnival’s profit

CHICAGO — Higher fuel costs dampened cruise operator Carnival Corp.'s second-quarter profit, but the company said Tuesday that its revenue rose and an important performance measure climbed for the f