travel industry

Hertz Moves Headquarters to Florida

Hertz is moving its headquarters to Florida from New Jersey, trimming corporate expenses after its $2.3 billion buyout of former rival Dollar Thrifty.

Cruise Industry Hits a Patch of Rough Water

Market leader Carnival issued disappointing guidance during last week's quarterly report. Rival Royal Caribbean is running into obstacles in financing its next mega-ship. Norwegian Cruise Line wasn't in the news, but NCL hasn't been able to complete its IPO since calling it off last year.

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.