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How Hermes Sales Went Up Despite Gloomy Tourism Outlook in France
French luxury goods maker Hermes said on Thursday it had not seen any improvement in tourist flows in France in the second quarter and did not expect any while the country remained in a state of...
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Cuba Offers Up Opportunities and Headaches for American Entrepreneurs
Zach Smith built his $15 million travel business by offering customized tours of exotic locations in Latin America. But in order to stay ahead of the competition, the 35-year old, Seattle-based...
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Barcelona Steps Up Crackdown on Airbnb, Threatens Further Fines
Authorities in Barcelona have stepped up a crackdown on homes illegally rented out to tourists via homesharing websites such as Airbnb airbnb , ordering hundreds to be removed from listings and hitting...
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Japan’s Economic Woes Deepen as Manufacturers’ Mood Hits a 3-Year Low
Japanese manufacturers’ mood soured in August to its lowest since 2013 when the central bank embarked on aggressive monetary easing, a Reuters poll showed on Friday, highlighting the weakness in an...
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Promised Prosperity Never Arrived in Russian-Held Crimea, Locals Say
More than two years after Russia annexed Crimea and promised its 2 million people a better life, residents say prices have soared, wages and pensions have stagnated and tourists have fled. The sunny...
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Gulf Tourism Frenzy in Bosnia Delights Business, Polarizes Locals
Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer heat at home in Kuwait, one of thousands of new Gulf buyers whose investment...
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Three Countries Issue Travel Warnings for Singapore Over Zika
Australia, Taiwan, and South Korea advised pregnant women and those attempting to get pregnant to avoid travel to Singapore after an outbreak of the Zika virus infected more than 50 people in the...
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Hermine Could Regain Hurricane Strength As It Lurks Off the East Coast
Atlantic storm Hermine lurked off the middle of the U.S. East Coast late on Sunday, threatening to regain hurricane strength but so far sparing the region the brunt of its wind, rain, and tidal surge....
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China’s Capital Outflows Via M&A Are a Big Concern, Regulator Says
China‘s forex regulator acknowledged that it has found Chinese firms and individuals moving assets overseas via mergers and acquisition deals, but officials said pressure on capital outflows is easing....
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Thailand Still Golden for Chinese Tourists Despite Zika Fears
Confirmation that the Zika virus had caused microcephaly in Thailand is not likely to scare off large numbers of Chinese tourists due to jet in for holidays in the next week, tourists and industry...
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Analysts Say Interest in Shanghai Disney Is Waning
UPDATE: This article has been updated with a comment from Walt Disney Parks and Resorts chairman Bob Chapek. Disney dis opened the doors on its $5.5 billion Shanghai theme park and resort in June to...
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Airbnb Says It’s Helping the Restaurant Industry Worldwide
As Airbnb continues to fight regulatory hurdles in cities like San Francisco and New York, it’s hoping to find an ally in local restaurants. On Thursday, the home-sharing company released a new report...
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How Macau’s Galaxy Entertainment Had Such a Strong Third Quarter
Macau casino operator Galaxy Entertainment Group gxyef posted a 28% rise in net profit in the third quarter from a year earlier as the world’s biggest gambling hub showed tentative signs of a...
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Airbnb Forms Separate China Unit as Local Business Grows
Airbnb says its popularity among Chinese travelers is booming. Accordingly, the home-sharing company is making some notable changes to its Chinese operations, including the creation of a new business...
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Why McDonald’s Is Suing the City of Florence for $20 Million
McDonald’s is suing the Italian city of Florence for $20 million in damages after the fast-food giant was refused a licensing application in the shadow of the city’s famous cathedral, Il Duomo....
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Airbnb Wants to Go Beyond Home-Sharing With Debut of ‘Experiences’
After months of rumors and two years of work, Airbnb has finally unveiled its plan to extend beyond just providing lodging for travelers. On Thursday at its annual conference for hosts in Los Angeles,...
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More Chinese Luxury Hotels Could Be Coming to Europe
China’s Jin Jiang International, is looking to buy hotels in major European cities, including Paris, to expand its luxury portfolio, the chief executive of its Louvre Hotels Pierre-Frederic Roulot told...
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Airbnb Is Appeasing City Regulators With Rental Limits
Home-sharing firm Airbnb said it will for the first time impose fixed limits on the number of nights a year that hosts can rent out their homes through its site in Amsterdam and London. It’s a move...
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Death Toll Rises to 7 in Tennessee’s Great Smoky Mountains Fires
The death toll from wildfires blazing in and around the Great Smoky Mountains National Park in Tennessee rose to seven on Wednesday even as drenching rains helped firefighters suppress flames that have...
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Americans Are Traveling More: Here’s Where
Euromonitor crunched the numbers for Fortune on the countries with the biggest increases (and dips) in U.S. travelers. Map showing destination of flights originating from the U.S.Nicolas Rapp A version...
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