Tourism industry

10 Most Popular U.S. Summer Vacation Cities

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 ...

A Growing Role for Tourism in Sustainable Development

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 Returns to Egypt, but Not American Tourists

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 from the region for now -- disrupting the tourism industry in both the U.S. and Egypt.

Coming to America: U.S. Cities Attract More Global Tourists

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 tourists.

Haiti's Best Hotels Thrive in the Quake's Long Aftermath

A year after Haiti's catastrophic Jan. 12 earthquake, Port-au-Prince is still primarily a city of rubble and ruin. But the views from high-end spots like the Hotel Oloffson are picture perfect, and with armies of aid workers still needing somewhere to bed down, business at those hotels left intact is booming.

Virgin Group to Enter Hotel Industry

Virgin Group Ltd, founded by U.K. tycoon Richard Branson, plans enter the hotel industry. Virgin will spend as much as $500 million on high-end hotels aimed at "high income, well-educated, metropolitan 'creative class'" customers, Bloomberg News said. The company is scouting for locations in cities including New York, San Francisco and Miami.

Brazilian and Chinese Tourists Rediscover America

Brazilian and Chinese visitors led a resurgence in foreign tourism spending within the U.S. in the first half of 2010, giving hope to domestic hoteliers, airline companies and others that the travel-spending slump of 2008 and 2009 is over, according to a report released Wednesday.

Five Years After Katrina, New Orleans Tourism Rebounds

Following the devastating effects of Hurricane Katrina five years ago, New Orleans saw the number of visitors to the city evaporate. New Orleans' $5 billion tourism industry slowly recovered, however, and is now once again approaching pre-Katrina visitor levels.

Businesses That Win When the Weather Gets Hot

As the Northeast wilts under a heatwave, sales in the ice cream, air conditioner, pools, sea-shore-related and bowling center segments have spiked with the temperature. The hot sales are a welcome relief for the industries that have been burnt by the recession.

Super Bowl's Economic Impact May be Super Inflated

The Super Bowl is not so super to many economists. Experts in the economics of sports claim the NFL and its boosters have grossly overestimated the economic benefit of Sunday's championship game in Miami between the New Orleans Saints and the Indianapolis Colts.

Tourist spending plunges in the US

International visits to the United States fell 12 percent in May 2009 from the year before. Those still flying over spent a lot less – only...

U.S. travel exports continue to slip

U.S. travel exports continued to slip in March, as potential visitors from overseas continue to feel the sting of the ongoing financial crisis.

This...