Serbian businessman Miodrag Kostic’s ambitions to establish himself as a key player in the Slovenian tourist…
Topic: travel & tourism
Travel and tourism news including hotel development, flights, tourist resorts and tourist trends
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…
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…
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,…
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…
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…
Russian sanctions could cost Turkey $9bn, says deputy PM
Russian sanctions could cost the Turkish economy as much as $9bn, the country’s deputy prime minister Mehmed…
GCC investors snap up Turkish real estate
24% of all investors in the Turkish real estate market from the GCC countries of the…
Inner Mongolia to benefit from three-way tourism initiative
Inner Miongolia: China, Russia and Mongolia have signed a string of tripartite, cross-border tourism initiatives worth a…
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,…
Rouble collapse brings down Russian tourism costs with it
Rouble collapse brings down Russian tourism costs: The dramatic devaluation of the rouble has had an equally…
North Korea plans cross-border tourism zone with Russia and China
North Korea plans cross-border tourism zone: Officials from China, Russia and North Korea are discussing the…
Donetsk Minister condemns package tours to war zone
Donetsk Minister condemns package tours to war zone: A proposal from a Moscow-based tourist company to…
Kyrgyzstan plans five ski resorts in Issyk-Kul – and may need investors
Kyrgyzstan plans five ski resorts: In a concerted effort to extend its tourist season, the authorities in…
Kyrgyzstan plans motel chain in major tourism drive
Kyrgyzstan plans motel chain: In an attempt to boost tourist numbers, Kyrgyzstan’s Ministry of Culture, Information and…
Russian tourist sector set to be one of few winners from rouble crash
Russian tourist sector: With a debilitated rouble making the cost of an overseas holiday becoming increasingly…
Azerbaijan tourist numbers top three million, claims Culture Minister
Azerbaijan tourist numbers: More than three million tourists and business people would have visited Azerbaijan last year, according…
Asian tourist numbers in Russia help fill gap left by the West
Asian tourist numbers in Russia: The number of Asia tourists visiting Russia are continuing to grow as tourism…