Airbnb hires Apple vet in run-up to IPO

Airbnb has hired iMac, iPhone, iPad and Apple Watch designer Sir Jony Ive to help create…

Okinawa joins space tourist race

PD Aerospace is to build a space sport in Okinawa

‘Travel bubbles’ give trade and tourism grounds for hope

The global tourist industry is estimated to account for more than 10% of the world’s GDP…

Boom time for domestic tourism?

Domestic tourism: At first sight, logic would suggest that those countries who have led the race…

Realities of Chinese FDI in Russia come home to roost by Baikal

The day-to-day implications of Russia’s pivot eastward are gradually unfolding for its Far Eastern and Siberian…

Chinese set to pump $11bn into new Lake Baikal tourist complex

Lake Baikal tourist complex: A group of Chinese investors have clubbed together and commissioned a study…

Chinese tourists splash out $194bn

Encouraged by a relaxation of visa restrictions and rising disposable income, the number of Chinese tourists travelling abroad…

Fosun Group planning $1.7bn Sanya Atlantis resort for Hainan

Sanya Atlantis: China’s  Fosun Group  conglomerate is planning to invest almost $17bn in a massive marine  tourist project…

Tehran calls on investors to help turn Iranian tourism into $30bn industry

Iranian tourism:  The government in Tehran has drawn up a list of 1,500  projects  that it plans to…

Saudi Arabia and Egypt revive $4bn Red Sea causeway project

Saudi Arabia and Egypt are planning to build a giant causeway across the Red Sea  connecting the Sinai…

SOCAR invests $500m in upmarket resort in Montenegro’s Boka Bay

Montenegro holiday resort: Azerbaijan’s state oil company SOCAR is investing $500m to develop an upmarket holiday resort in Montenegro’s Boca Bay…

Russia, China and Mongolia look to revive Great Tea Road for tourism

Russia, China and Mongolia have agreed to revive  the so-called Great Tea Road  as a tourist attraction,…

Sri Lanka gives China green light to build giant ‘port city’ in Colombo

Sri Lanka has granted China  permission to build a vast ‘port city’ in Colombo on reclaimed…

1,300 Turkish hotels up for sale as Russian sanctions trigger tourism crisis

Around 1,300 Turkish  hotels – between them worth $13bn –  in the country’s  Black Sea and Mediterranean coastal…

Swissotel becomes first high-profile victim of Russian sanctions on Turkey

The five-star 234-room Turkish-owned Swissotel Krasnye Kholmyin in central Moscow has become the first high-profile of…

Russian tourist industry boosted by weak rouble as numbers hit 2008 level

Russian tourist industry: the weakened rouble has helped Russia  attract the most overseas visitors it has seen since 2008.…

Kyrgyz tourist sector given boost by Business Insider travel survey

Kyrgyz tourist sector:  Business Insider magazine has ranked Kyrgyzstan as the top emerging travel destination in the…

Moscow warns of Turkish sanctions over Russian jet incident

Russian jet incident: Russia has warned that it could impose  heavy economic sanctions on Ankara after…

GCC investors snap up Turkish real estate

24% of all investors in the Turkish real estate market from the GCC countries of the…

Free Port of Vladivostok secures first investors as Zarubino gets the OK

The Free Port of Vladivostok has attracted its first investors since it secured SEZ status this summer,  in…

Russian airlines brace themselves for Ukraine air transit ban

Ukraine air transit ban: Ukraine’s decision to include most of Russia’s major airlines in its list of sanctioned organisations…

Ministry considers plans for Kazakh tourist hotel train

Kazakh tourist hotel train: Kazakhstan’ s Ministry of Investment and Development is currently considering plans put…

Decline in Russian tourism sends Santa Claus Village into bankruptcy

The Santa Claus Village in northern Finnish town of Rovaniemi, has filed for  bankruptcy after failing…

Kazakhstan to seek investment for Almaty international air hub

Talks with potential investors into an Almaty international air hub are due to begin in October,…