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☆ Japanese yen: How the currency’s record slump is squeezing the Japanese
▼ + stars: | 2024-05-03 | by ( Juliana Liu | ) edition.cnn.com time to read: +7 min

Higher interest rates in the United States and other countries mean investors can make bigger returns on investments there than they can in Japan. This encourages carry trades, in which investors borrow money in yen to invest it in higher-yielding assets priced in other currencies. That weakens the Japanese currency. A Big Mac costs 50% more in the next cheapest G10 currency, the New Zealand dollar, than it does in yen, he added. … and lots of drawbacksBut the falling yen has caused much pain at home and not just for small businesses like Japan Fraise.

Persons: hasn’t, Hiroko Ishikawa, “ It’s, ” Ishikawa, “, we’re, We’re, Himari Semans, That’s, ” Nigel Green, Kit Juckes, Warren Buffett, ” Sean Callow, ”, Sato Hitomi, Semans, I’ve, —, Laura He, Chris Lau Organizations: Tokyo CNN, US, Reserve, CNN, Nikkei, Bank of Japan, deVere, greenback, Labor, Societe Generale, New Zealand, Japan’s National Tourism Organization, Tokyo’s Locations: Hong Kong, Tokyo, Japan, United States, Sydney, Hawaii

☆ An Oklahoma tourist says he faces 12 years in prison in the Caribbean after he mistakenly left 4 bullets from a hunting trip in his carry-on duffel bag
▼ + stars: | 2024-04-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

He and his wife, Valerie, say the four bullets in their duffel bag were unknowingly left there from a hunting trip. Watson now faces 12 years in prison, alongside several US tourists who say they made the same mistake. Valerie Watson was released from the charges on Tuesday and flew back to Oklahoma to reunite with her children. He now faces 12 years in prison, which is the minimum custodial sentence for bringing firearms or ammunition into Turks and Caicos. Related stories"We were trying to pack board shorts and flip flops," Valerie Watson told CBS News.

Persons: Ryan Watson, Valerie, Watson, —, Valerie Watson, GoFundMe, Tyler Wenrich, Wenrich, wouldn't Organizations: Service, NBC Boston, NBC, CBS News, Business, US State Department, TCI, Tourism, Turks, Commonwealth Chamber of Commerce, United Nations World Tourism Organization Locations: Caicos, An Oklahoma, Caribbean, Turks, Oklahoma

☆ China’s Travel Economy Is Slowly Coming Back. Here’s Where It Stands.
▼ + stars: | 2024-01-23 | by ( Tiffany May | ) www.nytimes.com time to read: +1 min

Since China reopened its borders in 2023 after three years of Covid isolation, domestic travel has thrived and high-speed rail has grown increasingly popular. Before the pandemic, Chinese travelers were the world’s biggest spenders, accounting for 20 percent of global tourism spending, according to the United Nations World Tourism Organization. Among the changes: China has waived travel visas or agreed to extend the length of visa-free travel for visitors from eight countries, including Germany and France. The main factor holding back international travel by Chinese will continue to be China’s economy. As they think twice about their business in China, travel suffers.

Organizations: United Nations World Tourism Organization Locations: China, Germany, France, United States, Europe

☆ Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024
▼ + stars: | 2024-01-18 | by ( Christine Chung | ) www.nytimes.com time to read: +21 min

Arms Race: What Travelers Can Expect in 2024 At the start of what promises to be a very busy year, we look ahead at what you’re likely to encounter. With 2023 in the rearview mirror, we look ahead at what travelers will face in 2024. At United Airlines, for example, smarter software can offer rebooking options and issue food and lodging vouchers when a flight is canceled, rather than just rebooking a flight. United Airlines has suspended its flights indefinitely, said Josh Freed, a United spokesman. This year, travelers are expected to choose faraway places and board small ships, according to Virtuoso, the consortium of luxury travel agencies.

Persons: Chanelle, Hayley Berg, ” Ms, Berg, “, Robert W, Mann Jr, ”, Chad Burt, Oren Etzioni, Gilbert Ott, Hopper, Greg Forbes, Delta’s, Neville Pattinson, Mr, Pattinson, biometrics, Laura Lindsay, Joshua Smith, Smith, Laurel Brunvoll, Michael Zeiler, Airbnb, We’ve, Jamie Lane, ‘, ’ ”, Jan Freitag, “ We’ve, David Whiteside, Brian Kelly, Guy, Leigh Rowan, “ There’s, Kelly, Rowan, ” Mr, James Thornton, Sharm el Sheikh, Khaled Ibrahim, Harry Rubenstein, Rubenstein, Eyal Carlin, Josh Freed, Jack Ezon, Tom Marchant, Beth McGroarty Organizations: World Tourism Organization, International Air Transport Association, Analysts, Express Global, ”, airfare, University of Washington, United Airlines, Transportation, Administration, Salt Lake, International Airport, Denver International Airport, Delta Air Lines, U.S . Customs, Border Protection, La Guardia Airport, Los Angeles International Airport, biometrics, Thales, Air, American Airlines, Global, “, —, MidX Studios, LivSmart Studios, Hilton, Hyatt Studios, Accor Hotels, Boston University, Visa, Mastercard, Walmart, Target, Savanti, Chase, Intrepid Travel, Amisol Travel, East Travel Alliance, United, Consumers, Ki’ama, Wellness, Global Wellness Institute Locations: United States, Point.me, Salt, North America, London, Rome, Tokyo, Cancún, Las Vegas, Cayman Islands, Polynesia, Europe, Norway, Denmark, Air Canada, Bergen, Flam, Scandinavia, Italy, France, Malta, Slovenia, Maryland, Spain, Portugal, Britain, Egypt, India, Mexico ; Cape Girardeau, Mo, Niagara Falls, N.Y . Texas, Burnet, Sulphur Springs, New York, Vienna, Marriott, Israel, Jordan, Oman, Oman —, Tunisia, Northern Africa, Sharm, Cairo, Amisol Travel Egypt, Jerusalem, Tel Aviv, Ramle, Kimberley, Western Australia, Mitre, Patagonia, Ki’ama Bahamas, Bahamas, South Africa, Hudson, Tuxedo Park, N.Y, Malibu , Calif, Mexico

☆ Japan Sees Record 2.73 Million Visitors in December in COVID Recovery Year
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Rocky SwiftTOKYO (Reuters) - Japan welcomed a record number of visitors in December, official data showed on Wednesday, closing out a year of rapid recovery from the COVID-19 pandemic. The number of foreign visitors for business and leisure rose to 2.73 million last month from 2.44 million in November, data from the Japan National Tourism Organization (JNTO) showed. For the full-year 2023, a little more than 25 million visitors arrived in Japan, the agency said. Arrivals exceeded 2 million every month since June last year, boosted by a weakening in the yen that makes Japan cheaper compared to other destinations. That is helping to compensate for a slow recovery in visitors from mainland China, who made up nearly a third of all visitors and 40% of all tourist spending in Japan in 2019.

Persons: Rocky Swift TOKYO, Teppei Kawanishi, Kawanishi, Wanping Aw, Rocky Swift, Rashmi Aich, Tomasz Janowski Organizations: Japan National Tourism Organization, Tourism, mov Locations: Japan, Taiwan, Hong Kong, Asia, Singapore, Australia, China

☆ $800,000 tuna to be turned into sushi at Michelin-starred restaurant
▼ + stars: | 2024-01-06 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewA bluefin tuna sold for 114.2 million Japanese yen, or nearly $800,000, at Tokyo's largest fish market is set to be served at a Michelin-starred restaurant in Japan. The prized tuna will be enjoyed by diners at the Michelin-starred sushi restaurant Onodera in Tokyo's upmarket Ginza district, reported The Japan Times. Media crowd around as a 524 pound bluefin tuna - which was purchased earlier in the day for $788,440 at the first tuna auction of the New Year in Tokyo on January 5, 2024. The world record price for a tuna was set in 2019, when the sushi tycoon and "Tuna King," Kiyoshi Kimura, paid $3.1 million for a 612-pound fish. AdvertisementDerek Wilcox, a chef trained in Japan and who worked there for 10 years, previously told Business Insider that bluefin tuna was "the most sought after."

Persons: —, Hiroki Matsushita, Yukitaka Yamaguchi, Bluefin, RICHARD A, BROOKS, Kiyoshi Kimura, Kimura, Derek Wilcox Organizations: Service, Michelin, Bloomberg, Business, Onodera Group, Japan Times, Media, Getty, Japan National Tourism Organization, AFP, Oma Locations: Japan, Aomori Prefecture, Ginza, Tokyo, AFP

☆ Want to avoid crowds while traveling? Here's the 'not hot' list for 2024
▼ + stars: | 2023-12-28 | by ( Quek Jie Ann | ) www.cnbc.com time to read: +5 min

Adventure travel company Intrepid Travel's new "Not Hot" list is out — spotlighting overlooked travel spots around the world. The 2024 list calls attention to two destinations in Asia, two in Europe and one in Central America. Source: Intrepid TravelUnlike Italy's tourist-saturated Positano, travelers visiting Corsica can "enjoy a more authentic, tranquil, and immersive experience ... without the overwhelming crowds," according to a press release by Intrepid Travel. Intrepid Travel recommends Panama for those who wish to "immerse themselves in local traditions, folklore, and contemporary arts ... that differs from the more European-centric cultural landscape," the press release stated. Source: Intrepid Travel

Persons: Matt Berna, Nick Lim, Lim, Gonzalo Azumendi, Emberá, David C Tomlinson Organizations: Intrepid, Americas, Intrepid Travel, CNBC Travel, UNESCO, Heritage, Euromonitor International, Japan National Tourism Organization, Korea Tourism Organization, The Travel Corporation, CNBC, Trip.com, La Amistad, Bank, Getty Locations: Asia, Europe, Central America, Corsica Corsica, France, Corsica, Seoul Tokyo, Singapore, Seoul, Korea, Intrepid Travel Tokyo, Tokyo, Panama Panama, Central American, Costa Rica, Colombia, Panama, Panama Viejo, Casco, Darien, La, Guna, Corfu Greece, Santorini, Mykonos, Kefalonia, Corfu, Greece, Split, Dubrovnik, Croatia, Borneo Borneo, Southeast Asia, Malaysia, Brunei, Indonesia, Kalimantan, Indonesian, Sarawak, Sabah, Borneo, Malaysian, Indonesian's Kalimantan

☆ Japan has a glut of 8.5 million akiya, empty 'ghost houses' left to rot. Now Airbnb wants to fill them with tourists.
▼ + stars: | 2023-11-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Airbnb wants to use a growing glut of abandoned homes in Japan to boost its business. Japan has around 8.5 million akiya, or empty homes, as its population shrinks and ages. If the owners of idle assets refurbish them and convert them into lodgings, that would be a solution," Airbnb's head of Japan, Yasuyuki Tanabe, told Nikkei. Airbnb hopes to partner with businesses and local governments to encourage homeowners to invest in renovations, Tanabe told Nikkei. AdvertisementJapan has close to 8.5 million abandoned homesJapan has some 8.49 million akiya, or unoccupied homes, according to the government's Housing and Land Survey in 2018.

Persons: Airbnb, —, Yasuyuki Tanabe, Tanabe Organizations: Nikkei, Service, Survey, Nomura Research Institute, Japan National Tourism Organization Locations: Japan, Tourism

☆ Pack your jerseys. The era of 'sports tourism' is here
▼ + stars: | 2023-11-27 | by ( Randy Mulyanto | Marylou Costa | ) www.cnbc.com time to read: +6 min

Sports tourism, as it's called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. "The sport tourism market will continue as long as new opportunities to play and compete exist," she said. Justin Setterfield | Getty Images Sport | Getty ImagesFor some countries, these events are an opportunity to raise their international standing. Patrick Smith | Getty Images Sport | Getty ImagesTravel + Leisure Co. and Sports Illustrated Resorts announced plans to open a network of sports-themed resorts in American college towns. Ryan Pierse | Getty Images Sport | Getty Images

Persons: Lisa Delpy Neirotti, George, Neirotti, Delpy, Justin Setterfield, Cristiano Ronaldo, Dustin Johnson, Saudi Crown Prince Mohammed bin Salman, Delpy Neirotti, Lewis Hamilton, Kym Illman, Jay Wardle, Narendra Modi, Robert Cianflone, Gianni Infantino, Major League Baseball —, Patrick Smith, GetYourGuide, Ryan Pierse Organizations: Summer, Games, Sports, United Nations World Tourism Organization, George Washington University's, Management, Sport, Padres, NFL, MLB, FIFA, Getty, CNBC Travel, Saudi Crown, Fox News, Adara, ICC Men's Cricket, The Bank of Baroda Economics Research, Narendra, MotoGP, Rugby, Las Vegas, Companies, Major League Baseball, Sports Illustrated Resorts, University of Alabama —, McLaren Technology, U.S ., CNBC, Olympic Games, Olympic Locations: Mexico City, Germany, London, Brisbane, Australia, Saudi Arabia, China, Qatar, Singapore, India, New Zealand, Indonesia, France, United States, Tuscaloosa , Alabama, U.S, New York

☆ When you’re Gen Z but live in a 900-year-old European castle
▼ + stars: | 2023-11-18 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. In their princess eraFor most young people, living back home with your parents is about economic necessity. But for 22-year-old Ludovica Sannazzaro Natta and 23-year-old Megan Clawson, it’s about living their absolute best life. Sannazzaro Natta is descended from Italian nobility and moved into a 900-year-old fairytale Italian castle when she was four years old. But if you’re looking for a fun nabe to base yourself while you live like a local, it’s an excellent guide.

Persons: Megan Clawson, Sannazzaro, Henry VIII, Anne Boleyn’s, Lucia, Dolly Parton, ”, Parton Organizations: CNN, United Nations World Tourism Organization, Resorts, Western Locations: London, it’s, American, Mexico, China, Ethiopia, Croatia, St, Benin, Uzbekistan, Pennsylvania, Down, Tennessee, ”, Russian, South America, Japan

☆ UN shares its world’s ‘best tourism villages’
▼ + stars: | 2023-11-17 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

For travelers who want to visit a smaller, more authentic local destination, the United Nations World Tourism Organization (UNWTO) has released this year’s list of the best tourism villages. For 2023, 55 villages were recognized by the international organization, which focuses on sustainable tourism, up from 32 last year. The list includes small towns and villages from places as diverse as Mexico, China, Ethiopia, and Italy. There’s no ranking of the villages, and they are all listed in alphabetical order in English. Highlights in EuropeEurope’s selections to the UNWTO list represent a mix of cultural and environmental differences.

Persons: Dhordo, Les Falles, Sant, Al Sela, Jordan • Barrancas, Spain •, Peru •, Egypt •, India •, Korea •, Portugal •, Colombia •, Japan •, Italy • Manteigas, Ecuador •, Pisco, Austria •, Uzbekistan •, • Siwa, Portugal • Anton, Arlberg, Tân, Viet Nam, Hungary •, Moldova • Vila, China • Organizations: CNN, United Nations World Tourism Organization, Asia Dongbaek, UNWTO, UNESCO, Reserve, Spain • Ordino, Andorra • Oyacachi, Schladming, Moldova • Locations: Tokyo, London, Mexico, China, Ethiopia, Italy, Asia, South, Jeju, Shirakawa, Japan, Gifu prefecture, Nagoya, Zhejiang, Dhordo, Rann, Kutch, India, Europe, Spain, Sigüenza, Madrid, Slunj, Croatia, Andorra, Ordino, Sant Pere, Peru, Machu Picchu, Lima, Peruvian, Chacas, Chile, La Carolina, Argentina, Biei, Tortel, Cantavieja, Spain • Chacas, Huantar, Peru • Dahshour, Egypt, Egypt • Dhordo, Republic, Korea, Korea • Douma, Lebanon, Ericeira, Portugal, Portugal • Filandia, Colombia, Huangling, Cánovas, Kandovan, Iran, Lerici, Switzerland, Mosan, Juárez, Oñati, Ecuador, Ecuador • Paucartambo, Peru • Penglipuran, Indonesia, Pisco Elqui, Pozuzo, Saint, Saty, Kazakhstan, Austria, Austria • Sehwa, Korea • Sentob, Uzbekistan, Uzbekistan • Shirakawa, Egypt • Slunj, Sortelha, Viet, Peru • Tokaj, Hungary, Hungary • Văleni, Moldova, Madalena, Portugal • Xiajiang, China • Zapatoca, Colombia • Zhagana

TOKYO, Nov 15 (Reuters) - Visitors to Japan exceeded pre-pandemic levels in October, official data showed on Wednesday, marking a full recovery in arrivals for the first time since the relaxation of border controls last year. The number of foreign visitors for business and leisure rose to 2.52 million last month from 2.18 million in September, data from the Japan National Tourism Organization (JNTO) showed. Reuters GraphicsVisitor numbers improved to 100.8% of levels seen in 2019 before the outbreak of COVID-19 led to travel curbs around the world. That year, Chinese accounted for nearly a third of all visitors and 40% of all tourist spending in Japan. Almost 20 million visitors have arrived in Japan in the first 10 months of 2023, JNTO data showed, compared to the record of about 32 million in all of 2019.

Persons: Rocky Swift, Miral Organizations: Visitors, Japan National Tourism Organization, Graphics, Thomson Locations: TOKYO, Japan, Southeast Asia, North America, Europe, Australia, Canada, Mexico, Germany, China

☆ I traveled around Luxembourg, one of the world's wealthiest and most sustainable countries. I found 2 ways I can make my next visit more eco-friendly.
▼ + stars: | 2023-11-14 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +7 min

It is known for its sustainable practices, including free public transport. I was especially looking forward to free travel by train as it's more sustainable than flying or driving. Met a representative from Visit Luxembourg for a walking tour and lunch at a local restaurant. In comparison, my flight from Edinburgh took about five hours, not including travel time to the airport. Meanwhile, the Visit Luxembourg spokesperson suggested seeking accommodation within or close to Benu Village, an ecovillage in Esch-sur-Alzette (about a 20-minute drive to Luxembourg City), which is being built using recycled materials.

Persons: —, Mikhaila Friel, Nina Karnikowski, Chateau d'Urspelt, Chateau, Le Royal, Karnikowski, Sloow Organizations: Service, Visit, Le Royal, Met, Visit Luxembourg, Eurostar, Luxembourg City, Edinburgh, Le, d'Urspelt, Luxembourg's, Tourism Locations: Luxembourg, Vianden, Visit Luxembourg, Australian, Edinburgh, Scotland, London, Chateau, Ettelbruck, Chateau d'Urspelt, Brussels, Belgium, Luxembourg City, Domenico Palace, Sicily, Esch

☆ 'They just come, take a nice selfie ... and leave.' Overtourism returns, but cities are fighting back
▼ + stars: | 2023-10-09 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +7 min

Many cities have come full circle to worrying about too many tourists rather than too few. "They just come, take a nice selfie, publish them on social media, increase the popularity of this place … and leave," she said. And an additional 50 million international tourist arrivals are expected per year — mostly from Asia — between now and 2030, according to the U.N.'s World Tourism Organization. James Matsumoto| Sopa Images | Lightrocket | Getty ImagesSome travelers supported Bhutan's $200 per day Sustainable Development Fee, which was announced in 2022. Managing 'tourist flow'The United Nations World Tourism Organization secretary-general, Zurab Pololikashvili, told CNBC Travel that the key to overcoming overtourism lies in "tourist flow."

Persons: Lionel Saul, Tatyana Tsukanova, What's, Tsukanova, Reinhard Hormandinger, Saul, Jesus Merida, It's, Luca Zanon, Ivan Saprov, Saprov, Miyajima, James Matsumoto, Zurab Pololikashvili, overtourism, Jon Hicks, —, Darrell Wade, Reinhard Hoermandinger Organizations: Hospitality Business, United Nations, Asia —, Tourism Organization, South, Afp, Getty, Guardian, daytrippers, CNBC, United Nations World Tourism Organization, CNBC Travel, Stone, Japan Times, Intrepid Travel Locations: Lausanne, Switzerland, Asia, South Korean, Machu Picchu, Peru, Acropolis, Athens, Borobudur, Indonesia, Sardinia, Venice, Bora Bora, Amsterdam, Spanish, Malaga, Spain, France, trialing, daytrippers . New, Valencia, Manchester, England, Thailand, Iceland, U.S, Bali, Germany, Yogyakarta, Labuan Bajo, Lake Toba, Austria

☆ People want sustainable travel, which spells opportunities for 'green investments'
▼ + stars: | 2023-09-25 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople want sustainable travel, which spells opportunities for 'green investments'The United Nations World Tourism Organization says green investing opportunities exist across the tourism industry, from sustainable buildings to technology and workplace training, reports CNBC's Monica Pitrelli.

Persons: CNBC's Monica Pitrelli Organizations: People, United Nations World Tourism Organization

☆ Europe's economy threatened by extreme heat, fires and floods
▼ + stars: | 2023-09-11 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +4 min

London CNN —Mounting climate risks, illustrated by the extreme heat, wildfires and floods that ravaged parts of Europe this summer, could hurt the region’s economy as soon as this year, the European Commission warned Monday. In its latest economic forecast, the European Union’s executive arm downgraded its predictions for growth in the region in 2023 and 2024. But it added that there was “formidable uncertainty” over its latest forecast, with extreme weather among the “downside” risks. Construction and manufacturing are among other economic sectors vulnerable to extreme heat, said Owen at Saltmarsh Economics. Similarly to the European Commission, on Sunday the International Monetary Fund pointed to “grave risks to economic well-being” from climate change.

Persons: ” David Owen, Kyle Holland, Owen, Kristalina Georgieva Organizations: London CNN, European, European Travel Commission, CNN, Saltmarsh, Bank of Italy, Sunday, International Monetary, Group Locations: Europe, Czech Republic, Bulgaria, Ireland, Denmark, Italy, Greece, Spain, India

☆ Google Flights says the best time to book your flights for Christmas is 71 days before departure
▼ + stars: | 2023-08-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

The best time to book your flights for Christmas is around 71 days before your departure, per Google. That's a big change from 2022 when Google said the best time to book Christmas flights was 22 days before departure. AdvertisementAdvertisementThe best time to book your flights for Christmas is around 71 days before the departure day, according to Google's analysis of its historical data of US flights. AdvertisementAdvertisementThese estimates are a big change from the company's recommendations in 2022 when it said the best time to book Christmas flights was 22 days before departure. These experts told the BBC that Google Flights' new methodology for calculating your flight's footprint — introduced in 2022 — excludes many pollutants, meaning only half of a flight's environmental impact is most likely shown.

Organizations: Google, Morning, US Travel Association, World Tourism Organization, BBC Locations: Europe

☆ San’in: Japan’s least-populated region is home to some of its finest treasures
▼ + stars: | 2023-08-10 | by ( Claire Hannum | ) edition.cnn.com time to read: +7 min

Matsue, Japan CNN —San’in isn’t the Japan most travelers picture on their first visit to the country. Japan’s famous high-speed rail system does not pass through San’in, which leaves it off many travelers’ radars altogether. The San’in region consists of Japan’s two least populous prefectures, Shimane and Tottori, which sit between the Sea of Japan and the northern side of the country’s Chukogu mountains. “The Kojiki,” an important eighth-century Shinto text, depicts the San’in region as an annual gathering place for the gods. The region is also the backdrop to Japan’s only desert, a 10-mile cluster of rolling sand beside the Sea of Japan known as the Tottori Dunes.

Persons: Japan CNN — San’in, Mount Daisen, Daisen, Masako Ishida, San’in, Mitoku, it’s, “ It’s, ”, Baye Cooper, ” Cooper, “ Organizations: Japan CNN, UNESCO, Getty, Adachi Museum of Art, Journal, Alamy, Hong Kong Airlines, Air Seoul, San’in Tourism Organization Locations: Matsue, Japan, Honshu, Japan’s, San’in, Shimane, Tottori, Nara, Hyogo, Inasa, amana, Inasa Beach, Uradome, Mount, Chugoku, Kaike Onsen, Tokyo, Kyoto, Yamaguchi prefecture, One, Osaka, Shimane prefecture, Okayama, Hiroshima, Izumo, Hong Kong, Hong, Seoul, Air

☆ Investors still see blue sky ahead for Europe travel stocks as boom abates
▼ + stars: | 2023-07-31 | by ( Danilo Masoni | ) www.reuters.com time to read: +4 min

"For many people, the pandemic is now over, and this is time now for travelling far from home," said Corinne Martin, fund manager at Ofi Invest in Paris. The point at which China announced the end of health restrictions in 2022 was probably the best moment to jump into travel stocks. They remain buyers, noting how at 11 times 2024 earnings, the stock displays an unjustified discount and prices no growth. "Now, vacation budget is no more a variable families adjust," said Jerome Schupp, fund manager at Prime Partners in Geneva. European travel and leisure earnings are seen rising 63% this year and 23% in 2024, according to Refinitiv Datastream.

Persons: Corinne Martin, Ofi's Martin, Martin, Goldman Sachs, Jerome Schupp, Schupp, Cristina Matti, Andrea Scauri, Lastminute, Refinitiv, Lucy Raitano, Conor Humphries Organizations: MILAN, Ofi Invest, Paris . Airlines, Royce, World Tourism Organization, China, Traders, Paris Olympics, UEFA European Football, Ryanair, Europe's, Prime Partners, Visa, Air, Thomson Locations: Paris, Europe, Germany, Geneva, Air France, Lemanik, London

☆ Extreme heat in the Mediterranean could dent tourist bookings in future
▼ + stars: | 2023-07-21 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

“This can be attributed to travelers seeking out less crowded destinations, and milder temperatures,” the association said. This summer’s extreme temperatures follow blistering heat last year. Meanwhile, online searches for northern European destinations increased by 3 percentage points to hit 10%. Southern Europe still popular with BritsDespite rocketing temperatures, countries in southern Europe are still the go-to spots for many vacationers. Spain, Greece and Turkey are still “by far the most popular [destinations],” he said, which hasn’t “changed at all.”— Barbie Latza Nadeau and Chris Liakos contributed reporting.

Persons: Angelos Tzortzinis, Olivier Ponti, ”, —, Johan Lundgren, Giuseppe Napolitano, Thomas Cook, Sean Tipton, hasn’t “, ” — Barbie Latza Nadeau, Chris Liakos Organizations: London CNN —, European Travel Commission, Tourism Council, Tourists, CNN, European Space Agency, ESA, British, Med Locations: London CNN — Spain, Italy, Europe, Brussels, Spain, France, Croatia, Greece, Czech Republic, Bulgaria, Ireland, Denmark, Athens, United Kingdom, Rome, Nicosia, Cyprus, Catania, Sicily, Southern Europe, Turkey

☆ Where to go this summer: A dozen destination ideas
▼ + stars: | 2023-05-28 | by ( Marnie Hunter | Jane Levere | ) edition.cnn.com time to read: +8 min

Peru"Peruvians are welcoming travelers back with open arms," says travel one travel expert. And perhaps most importantly, the city offers excellent value, in part because it will be the winter/low season there during the Northern Hemisphere’s summer. It’s home to three UNESCO World Heritage Sites, including megalithic temples that date to the 4th millennium BC. Although summer is the rainy season, Gellis says showers are often brief and intermittent. AlbaniaAlbania is a Mediterranean gem that’s likely to be less crowded this summer than Greece and Croatia, says Joao Donadel, another EMBARK Beyond travel advisor.

☆ Fate Brought Them Together During a Blizzard in Buffalo. Then They Reunited in Seoul.
▼ + stars: | 2023-05-20 | by ( Christine Chung | ) www.nytimes.com time to read: +1 min

About five months ago, in the middle of a deadly and ferocious blizzard, Alexander and Andrea Campagna answered a knock on the door of their home near Buffalo. Outside were 10 South Korean travelers whose van had become stuck in the snow on their street. The Campagnas welcomed the stranded travelers in, and, in doing so, provided a much-shared story of compassion and good will during a vicious storm just before Christmas. They were about a week into a 10-day all-expenses paid tour of the city as guests of the Korea Tourism Organization, to reward their generosity and promote tourism to Korea as well. “It’s kind of a storybook situation that you could not have scripted,” Mr. Campagna, 40, said, in an interview at a cafe on the Gyeongbokgung grounds.

☆ How to explore Greece's lesser-known islands like a local
▼ + stars: | 2023-05-12 | by ( Karen Gilchrist | Morgan Awyong | ) www.cnbc.com time to read: +9 min

But now it wants tourists to get to know lesser-known locations across its thousands of sprawling islands. Currently, Germany and the U.K. represent Greece's largest inbound tourism markets by revenue, followed by the United States, France and Italy. An eco-paradise surrounded by 24 islets, Lipsi forms part of the Dodecanese island collection in the southeastern Aegean Sea. Alonissos, SporadesDivers' delight Alonissos, part of the Sporades group of islands, is a diver's paradise and the site of Greece's first underwater museum. Alonissos, part of the Sporades archipelago in the northwest Aegean Sea, is known for its diving spots, including Greece's first underwater museum, the "Parthenon of the Wrecks."

☆ Watch planes take off in Japan — from an onsen
▼ + stars: | 2023-04-28 | by ( Emi Jozuka | ) edition.cnn.com time to read: +4 min

Opened last December, the Hotel Villa Fontaine Premier & Grand Haneda Airport has 1,717 rooms and is directly connected to Haneda International Airport Terminal 3. Tokyo has also announced plans to receive up to 60 million overseas visitors to the country by 2030. And as inbound tourism recovers, Haneda – which has been crowned the world’s most punctual mega-airport – hopes to ride that wave. Developers want to expand those routes to greater swathes of Japan as part of broader plans to help revitalize the country’s regions, according to Katsuyuki Tou, general manager of the Haneda Airport Garden. Tou explained that visitors to the multipurpose complex can already get a taste of what Japan offers.

☆ 'Show us your Regina': Canadian city pulls tourism campaign after facing backlash for sexualizing its name
▼ + stars: | 2023-04-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Canadian city Regina attempted to rebrand is tourism agency to "Experience Regina" in March. Slogans for the campaign included "Show us your Regina" and "The city that rhymes with fun." After debuting a rebrand from Tourism Regina to Experience Regina last month, the city's tourism organization pulled its new campaign amid public backlash to slogans some found offensive, Canadian news outlet CBC reported. "Show us your Regina" was featured on the Experience Regina website, but has since been removed, the Toronto Star reported. The announcement came after about a dozen protesters gathered inside Regina City Hall to call for Tourism Regina CEO Tim Reid and Mayor Sandra Masters to resign, Fox News reported.

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