tourism

Can Harry Potter Work Magic for Beleaguered Theme Parks?

he unveiling of the Wizarding World of Harry Potter, Universal Studios Orlando has officially raised the bar for vacation attractions in summer 2010. The bold move is only one of many strategies that theme parks are using to turn around an industry that has been brutalized by the recession.

Why Hosting World Cup Is a Losing Bet for South Africa

South Africa has some lofty expectations about the economic boost the World Cup will bring to its economy. Economists are skeptical that the soccer tournament will live up to those expectations and history shows that it most likely will not.

Violence Puts a Chill on Jamaica's Tourism Industry

In Jamaica, where tourism accounts for around 20% of GDP, the violence surrounding efforts to arrest gang kingpin Christopher "Dudus" Coke is having an impact well beyond his Kingston neighborhood. Tourists are staying away in droves -- even from resorts far from the unrest.

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...