Tourism Industry

Tourism Industry News

• Greek Shipper Plans China Cruises After Making $1 Billion

  Victor Restis, a Greek ship owner who says he made $1 billion selling dry-bulk vessels before their price crashed, plans to expand into the Chinese cruise market in a bet on growth in the Asian nation’s tourism industry.

• Jordan’s Tourism Industry Lost $986 Million in 2011, Al-Rai Says

  Jordan’s tourism industry lost about 700 million dinars ($986 million) last year due to regional unrest, Amman-based Al-Rai newspaper reported, citing Tourism Minister Nayef Fayez.

• Barrett: Fall in Visitors to Greece Driven by Debt Crisis

  Steve Barrett, AirFastTickets CCO, spoke to Bloomberg's Maryam Nemazee about the tourism industry in Greece. (Source: Bloomberg)

• Tunisian Salafis Blame Recent Unrest on ‘Foreign Parties’

  A Tunisian Salafi party blamed what it said were “foreign parties” for recent violence that has stirred new unrest in the North African nation.

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  Obama Prospects Improve as Swing State Economies Improve

  From extra shifts at auto and steel plants in Ohio to office buildings rising in Northern Virginia, the geography of the U.S. economic rebound is providing an edge to President Barack Obama’s re-election.

• Islamists Will Be Punished for Forced Bar Closures, Tunisia Says

  Tunisia’s justice minister vowed reprisals against Salafis who forcibly closed two bars in the country’s west, saying today the ultraconservative Islamists had “crossed all red lines.”

• Singapore’s Retail Sales Rose More-Than-Estimated 9.1% in March

  Singapore’s retail sales grew more than economists estimated in March as consumers increased spending on food, clothing and telecommunication goods.

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  Drug-Defying Germs From India Speed Post-Antibiotic Era

  Lill-Karin Skaret, a 67-year-old grandmother from Namsos, Norway, was traveling to a lakeside vacation villa near India’s port city of Kochi in March 2010 when her car collided with a truck. She was rushed to the Amrita Institute of Medical Sciences, her right leg broken and her artificial hip so damaged that replacing it required 12 hours of surgery.

• Trump Says Salmond Idea of Independence Is ‘Gone With the Wind’

  Donald Trump said international investors no longer see Scotland as a secure place to invest because First Minister Alex Salmond is “single handedly destroying” Scotland’s economy with his policy of building thousands of wind turbines.

• Georgia Sees Tourism Gaining Share of GDP on Russian Visitors

  Georgia’s tourism industry, whose share of economic output has grown to 7 percent this year, is set to expand further as a thaw in relations with Russia spurs an influx of visitors.

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