tourism

The worldwide tourism sector accounts for more than $7 trillion in economic output and supports more than 284 million jobs, according to a report by CNBC that cited data from the World Travel & Tourism Council. The number of Americans who traveled outside of the country in 2015 rose 8 percent...

With the nuclear deal between World Powers and Iran nearing its final stages, there has been a great deal of chatter about the financial benefits Iran will enjoy once the sanctions have been lifted. While there has been a lot of focus on Iran's oil production and financial sector, the nation is...

A Commerce Department report showed that foreigners flocked to the U.S. last year to visit famous cities like New York City and Los Angeles. In 2014, the number of tourists visiting the U.S. increased to 75 million, a 7 percent increase from the previous year. However, the dollar's rally...

States that have legalized marijuana are taking a page out of Las Vegas' book and fostering the marijuana tourism industry. The income from marijuana sales alone have been lucrative in Colorado, where recreational pot sales have been legal for just over a year. But now, companies...

For all the talk about marijuana as a business, it's still a business geared towards people enjoying themselves. And the MaryJane Group (OTC: MJMJ) considers itself the cannabis industry's leading hospitality firm. The company provides Colorado-based businesses with marketing,...

There are a lot of explanations for the stoner term, “420.” Some people say it represents 4:20 p.m., the time immediately after classes when a group of California high school students in the 1970s used to gather to get high. Whatever its origins, 420 has entered the U.S. lexicon as a reference...

A combination of increased supply and relatively static demand should reportedly help keep gas prices stable , as the nation enters into the prime, summer driving months. According to the Department of Energy's forecast, regular gasoline retail prices are expected to average around $3.57 a...

Some veteran air travelers might find this hard to believe, but the latest annual Airline Quality Rating (AQR) says airline performance last year was at its highest level since the survey began in 1991. The AQR is a joint research project by Wichita State University and Embry-Riddle...

As consumer and investor interest grows in the booming marijuana industry, it has dawned on many cannabis entrepreneurs that they may need to clean up their collective image; to step away from their product's shady past and make it more customer-friendly. In Colorado, where sales of...

China's rise as an economic power has also meant a rising need for better hotels to accommodate both foreign and domestic business travelers and tourists. And, many major hotel corporations have been working hard to fill that void. The InterContinental Hotels Group (NYSE: IHG) has announced “...

More signs of a slow but steady global economic recovery: despite weak figures in August, international air passenger traffic is up compared to a year ago. “We are seeing a more positive environment for air travel demand, based on rising business confidence, a strong increase in export orders...

The travel industry in general has seen tremendous growth over the past few years in virtually all sectors. It's also expected to continue that growth in 2014. Pricing and occupancy numbers for hotels went up almost four percent in 2012 and have risen nearly 4.5 percent so far this year. This...

The travel market has grown significantly over the last few years and experts predict there won't be any slowdown in that growth anytime soon. Online travel bookings in particular have seen a strong surge over each of the last three years, with spending in that market climbing as much as 12...