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LISBON, Portugal - Portugal's efforts to upgrade its tourism industry got a boost on Friday with the announcement of plans for a 92 million euro ($121 million) luxury resort whose backers say is the b
Korean Air has taken a 44 percent stake in Czech Airlines, providing a lifeline for the loss-making state-owned carrier and giving the Korean group a bigger presence in Europe.
YANGON, Myanmar - Foreign investors expressed their interest in Myanmar tourism business at a conference held in Yangon last week.
ATLANTA, Georgia - Delta Air Lines is adding new elements to its transcontinental service, offering customers traveling between New York-JFK and Los Angeles, San Francisco and, soon, Seattle, more din
(eTN) - A regular source from the Kenyan coast reports overwhelming disappointment by industry stakeholders associated at the Mombasa and Coast Tourist Association.
JEJU CITY, South Korea - The Consulate General of China in Jeju officially started business on July 14.
Ninety-three per cent of airlines have mobile services for passengers as a top investment priority over the next three years, with 58 per cent investing in major programmes, a report said.
SHANGHAI, China - Starwood Hotels & Resorts Worldwide, Inc.
Danish carrier Cimber Sterling has declared bankruptcy on Thursday, after its owners decided not to continue their financial support of the company.
PUERTO VALLARTA, Mexico – Latin America must address pressing economic and social challenges to ensure that it can attract the trade and investment it needs to drive growth, government leaders stres
At the Airbus Day 2012 in Brussels, a high-profile gathering of over 100 Members of the European Parliament, policy-makers and industry representatives discussed key issues for the European aerospace
The Indian airline industry is expected to suffer a huge debt burden of $ 20 bn in 2011-12, with the Planning Commission recommending "significant and continuous investment" to give a boost to the cas
RIYADH, Saudi Arabia - HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and Kingdom Holding Company (KHC), announced a combined investment of $300 Million in Twitter.
The Costa Rican government is aiming to develop a quiet stretch of its Caribbean coast into a tourism mecca with the biggest investment of its kind in the country’s history.
In Silicon Oasis in Dubai, tucked away behind streets peppered with unfinished buildings and empty office blocks, is a thriving, upscale community of villas.
Puerto Rico is bidding to secure a larger slice of the UK’s Caribbean travel market in the next 12 months with its USD $1 billion (approx: £622 million) hotel development set to deliver 15,000 bed
With improvement in air connectivity between India and Indonesia looking likely, Indonesia Tourism has decided to enhance their engagement in the India market in the coming months.
According to the reports from Nairobi, Kenyan parliament has slashed the budget estimate for the government retaining its significant 23% stake in Kenya Airways (KQ), passing only 2.5 billion of 5.5 b
MANAMA, Bahrain - More than BD1.5 billion, or $3.97 billion, in industrial projects have been approved by Bahrain's government since 2009, Industry and Commerce Minister Dr.
Since Taiwan further opened to mainland Chinese tourism July 2008, more than 5.71 million visitors have arrived in the country, generating NT$209 billion (US$7.2 billion) in revenue, according to the
Royal Caribbean International said it will invest approximately $300 million over the next three years to upgrade its fleet and add innovations introduced on its Oasis-class ships.