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Asia Pacific hotel transactions projected to reach $3.5 billion in 2013

Hotel transactions in Asia Pacific are projected to reach USD 3.5 billion in volume this year, on the back of strong investment sentiment to buy hotel assets in the region, Jones Lang LaSalle’s late

Mexico surpasses targets for tourist arrivals and private investment in tourism...

MEXICO CITY, Mexico - The Mexico Ministry of Tourism reports that private investment for the development and maintenance of tourism projects in the period January 2007 to September 2012 reached $20,12

Chinese leisure trade attracts massive investments

China’s leisure consumption reached nearly 2.9 trillion yuan in 2011, accounting for over 15 percent of the country’s total retail sales of social consumer goods and over 6 percent of its gross do

Kenyan tourism stakeholders mince no words over roads, water

(eTN) - A tourism stakeholder meeting earlier in the week at the Sarova Whitesands Resort and Spa once again focused on the perennial challenges the industry at the Kenyan coast is faced with - poor r

Ireland looking for investment and tourists from China

To restore Ireland's crisis-stricken economy, the island nation is looking for investment and tourists from China, which has overtaken Japan as the world's second largest economy, an Irish cabinet min

Libyan owned companies face uncertain future in Uganda

UGANDA (eTN) - Concerns are growing among management and staff of Libyan-owned companies like LAICO Hotels and Uganda Telecom about their future and their biggest shareholder’s ability to inject fur

Now is the time to consider investing in Southern Sudan

(eTN) - The Undersecretary in the Ministry of Wildlife Conservation and Tourism in Southern Sudan, Dr.

President Banda urges South Africa to be part of Zambian boom

JOHANNESBURG - His Excellency, President Rupiah Banda of Zambia, hailed the virtues of Zambia's booming business sector at the Zambia South Africa Business Forum in Johannesburg.

Panama seen as an oasis in dry economic times

CHICAGO - Panama is enjoying the strongest growth in Central America, and will lead all of Latin America through 2015, according to the International Monetary Fund (IMF).

Huge investments being made in Nepal hotel industry

KATHMANDU - Massive investments are being made in refurbishing existing hotels and establishing new ones with Nepal Tourism Year 2011 round the corner.

Rwanda puts on brave face over woes of Dubai World

Two years ago, Dubai World presented itself as the savior for Rwanda’s tourism developments, committing US$230 million for the development of more than half a dozen properties and projects.

TRIP Linhas Aereas to expand operations, invest $198 million

SAO PAULO - Small Brazilian airline TRIP Linhas Aereas plans to invest $198 million during 2010 in acquiring eight new aircraft and expanding operations, it said in a press release Tuesday.

Jazan PTO is offering investment opportunities in Fursan Islands

Jazan province is planning major tourism investments in the Fursan Islands.

Investments pour into St. Kitts despite global economic downturn

BASSETERRE (eTN) - St. Kitts continues to attract major international tourism investments amid the ongoing worldwide turbulent economic environment.

Tourism rides new investment wave

As the foreign investment flow into Vietnam is increasing, the tourism industry has attracted a greater share of attention.According to the Ministry of Culture, Sports and Tourism, the year 2007 saw 47 foreign direct investment (FDI) projects pouring 1.86 billion USD in the non-smoke industry, almost tripling the figure of 2006 and equal to the total amount of 7-8 previous years.