tourism
When it's time for some R&R in the sun, Americans have a wealth of options. But based on summertime hotel room rentals, which one takes the crown? Orlando with its theme parks? New York with its culture? Washington with it's history? L.A. with its beaches? None of the above. Curious? Read on ...
The origins of Memorial Day date to the aftermath of the Civil War, when people would decorate the graves of fallen soldiers to honor their service. The holiday still retains its reverential and patriotic spirit, but its economic consequences, though smaller than those of other holidays, cannot be overlooked.
Expedia's Partnership with AirAsia Is Just the Ticket for Growth
10:00AM 5/23/2011
Company News, Expedia, Stock Picks, Stocks in the News, Market News
Expedia, the world's largest online travel agency, soon will be selling flights, hotel bookings and holiday packages in the world's fastest growing aviation and tourism market, thanks to an exclusive deal with AirAsia. Trefis takes a look at what the deal will mean for both companies.
The sluggish economy and high unemployment rate mean that many of us won't be splurging on exotic vacations this year. But a staycation doesn't have to mean a boring bout with cabin fever. The key to being a successful local tourist lies in looking at your region the way an outsider would.
Escalating violence related to the cross-border drug trade has caused Texas authorities to advise spring break revelers to avoid Mexico. The Mexico Tourism Board countered that traveling south of the border remains safe. At stake is a big chunk of the $12 billion that tourists spend in Mexico each year.
The Japanese are the world's most voracious consumers of luxury goods, from Louis Vuitton handbags to Cartier jewelry to Hermes high fashion. So purveyors of those luxury goods are justifiably worried about the effect of the Japanese quake and tsunami on their bottom lines.
In a somewhat surprising report, The U.N. Environment Programme says one of the most promising green industries -- at least when it comes to creating economic growth, reducing poverty, fueling job creation and addressing major environmental challenges -- turns out to be tourism.
Calm May Have Returned to Egypt, but Not American Tourists
11:00AM 2/25/2011
Egypt's famed antiquities and tourism sites are reopening following the political unrest there. But heeding warnings from Washington, many American travelers are steering clear of the region for now -- disrupting the tourism industry in both the U.S. and Egypt.
More visitors made their way to Sin City last year compared to 2009, helping to boost room rates at Las Vegas hotels -- even though hotel occupancy actually fell.
Coming to America: U.S. Cities Attract More Global Tourists
10:00AM 1/16/2011
Nearly 60 million foreigners visited the U.S. in 2010. Where did they go? The most popular destinations included New York, Orlando, Las Vegas, San Francisco, Los Angeles and Chicago. The Big Apple is particularly appealing, drawing a record 48.7 million big-spending foreign travelers.
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