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Olympic Economics In A COVID-19 World
Tuesday, July 20, 2021 - 10:21am | 2522Every two years, cities from around the world submit bids to host the Olympic Games. This occurs seven years prior to the respective Olympics, with the winning city meeting extensive criteria to be selected for the prestigious honor. On the most fundamental and basic level, city authorities must...
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Accelerated Vaccine Timeline Will 'Inspire Confidence' In Travel Says Marriott CEO
Wednesday, March 3, 2021 - 2:10pm | 421The White House expects all adults who want a vaccine against the coronavirus will be able to get one by the end of May and this will "inspire confidence" in travel, Marriott International Inc (NASDAQ: MAR) CEO Tony Capuano said on Fox Business. What Happened: U.S. President Joe...
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Will Carnival, Royal Caribbean Or Norwegian Stock Grow The Most By 2022?
Saturday, January 23, 2021 - 1:15pm | 475Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question related to cruise line stocks: Over the next year, which cruise...
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Will Cannabis Tourism Lead The Way To Economic Recovery?
Sunday, January 17, 2021 - 1:19pm | 948This article by Bernadine Racoma was originally published on Cannabis & Tech Today, and appears here with permission. The events of recent months – which, at no risk of ambiguity, will not be discussed here – have created something of a roadblock for nearly every industry...
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Cannabis May Be Banned For Tourists In Amsterdam
Thursday, January 14, 2021 - 6:37pm | 607This article by Louis O'Neill was originally published on The Green Fund, and appears here with permission. Amsterdam's mayor Femke Halsema has once again floated the idea of banning cannabis for non-residents, in an effort to curb cannabis-driven tourism. Amsterdam is the capital city...
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'A Bright Spot': Airports Had Higher Foot Traffic In December
Thursday, January 14, 2021 - 2:20pm | 329The travel industry could be in the very early stages of a recovery as airport foot traffic was "slowly recovering" into the holiday season and Christmas travel was a "bright spot," according to location analytics firm Placer.ai. What Happened: Chicago's O'Hare airport,...
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Can Cannabis Tourism Thrive Despite COVID?
Wednesday, November 18, 2020 - 1:35pm | 1515This article was originally published on WeedWeek, and appears here with permission. Coming into 2020, business was booming for Emerald Farm Tours with no signs of slowing. The San Francisco-based company, which takes its guests to area cannabis businesses and cultural landmarks,...
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Fintech Focus For October 23, 2020
Thursday, October 22, 2020 - 7:11pm | 2440Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...
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Tuesday's Market Minute: Cruise Liners' Long Road To Recovery
Tuesday, August 11, 2020 - 10:02am | 369Tourism stocks were up in premarket trading Tuesday following a day of gains Monday. Despite COVID-19 continuing to weigh on travel-related industries, several names saw relative strength after President Trump signed an executive order extending Coronavirus relief efforts. Royal Caribbean Cruises...
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Tilman Fertitta Blasts 'Selfish Politicians,' Talks Unemployment In Restaurant Biz
Wednesday, August 5, 2020 - 11:20am | 425Hospitality and restaurant entrepreneur and Landry's CEO Tilman Fertitta has a simple message to politicians: you get your full paycheck no matter what, and we don't even get 25%. 'Selfish Politicians': A disconnect exists between hospitality companies and local and state...
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Study: Legalizing Marijuana Results In Major Tourism Spike
Tuesday, May 26, 2020 - 10:19am | 536By The Fresh Toast's Brendan Bures, provided exclusively to Benzinga Cannabis. Once Colorado and Washington allowed legal marijuana sales, tourism and hotel bookings saw major bumps. Virtually no one is traveling around the United States at the moment, but that might change as all 50 states...
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Hong Kong Tourism Decline Impacts Air Cargo Capacity
Friday, January 3, 2020 - 4:18pm | 1893The ongoing political strife in Hong Kong is not directly slowing shipping activity at the world's busiest cargo airport, but could gradually reshape supply chains in unexpected ways. A two-day occupation of passenger terminals at Hong Kong International Airport (HKIA) in August didn't physically...
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Analyst's Early Reaction To Tiffany's Earnings: 'Better Than Feared'
Wednesday, August 28, 2019 - 9:50am | 376Tiffany & Co. (NYSE: TIF) reported second-quarter that were "better than feared," Oppenheimer analyst Brian Nagel told CNBC. What Happened Tiffany's second-quarter numbers were mixed as the company reported an EPS beat but revenue fell short of estimates. A closer look at the...
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Subtext Of The Siege In Charlottesville: Virginia Makes $24 Billion Off Racial History
Saturday, August 12, 2017 - 6:20pm | 781White supremacists clashing with anti-racism activists in Virginia has taken place in a city that has a history steeped in Civil War and civil rights, a place that profits greatly from people obsessed with landmarks and milestones that Charlottesville both symbolizes and markets. As a nexus of both...
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Is The Zika Virus Already Impacting The Broader Tourism Market?
Tuesday, August 30, 2016 - 1:35pm | 455Florida Governor Rick Scott is reportedly in South Florida this week after three more cases of non-travel-related Zika virus transmission were reported. The new transmissions bring the total number of locally-contracted cases up to 43. While that number is still extremely low considering the huge...