Tag #Tourism

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forbes.com

🌐 85% Global Worthiness

May 23, 13:12

Marriott and CG Hospitality to Develop 380 Hotels in India

Nepalese billionaire Binod Chaudhary's CG Hospitality is partnering with Marriott International to develop 380 hotels and resorts in India over five years, marking Marriott's Series brand debut and aiming to make The Fern the largest hotel chain in its segment in India by 2030.

Marriott and CG Hospitality to Develop 380 Hotels in India

Nepalese billionaire Binod Chaudhary's CG Hospitality is partnering with Marriott International to develop 380 hotels and resorts in India over five years, marking Marriott's Series brand debut and aiming to make The Fern the largest hotel chain in its segment in India by 2030.

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How will this collaboration impact the Indian hospitality market and the growth of The Fern hotel chain?

This partnership signifies Marriott's strategic expansion into India, aiming to make it their third-largest market. The collaboration leverages CG Hospitality's existing 120+ The Fern hotels and Marriott's brand recognition, resources, and existing 158 Indian properties. The deal also launches Marriott's Series brand in India, focusing on the midscale and upscale lodging segments.

kathimerini.gr

🌐 75% Global Worthiness

May 23, 10:12

Greek Shipping Strengthens US-Greece Ties

Greek shipping is playing a pivotal role in strengthening US-Greece relations, with high-level discussions focusing on securing reliable transportation and potentially reviving Greece's shipbuilding industry; Minister Kikilias and Melina Travlos are key figures in these developments.

Greek Shipping Strengthens US-Greece Ties

Greek shipping is playing a pivotal role in strengthening US-Greece relations, with high-level discussions focusing on securing reliable transportation and potentially reviving Greece's shipbuilding industry; Minister Kikilias and Melina Travlos are key figures in these developments.

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How is the power of Greek shipping currently shaping the relationship between the United States and Greece?

Greek shipping's influence is boosting US-Greece relations, with Minister Kikilias and Union of Greek Shipowners President Melina Travlos leading discussions on enhanced cooperation. This collaboration focuses on securing reliable energy and goods transportation, reducing reliance on Chinese interests, and potentially reigniting Greece's shipbuilding industry.

bbc.com

🌐 65% Global Worthiness

May 23, 04:11

Anglesey Beach Parking Fees Rise to Ease Gridlock

New parking restrictions, including increased fees (£5 for two hours, plus 70p for every additional 20 minutes) and potential car park closures from 11:00 a.m., will be trialled at Llanddwyn beach on Anglesey this weekend to alleviate traffic congestion impacting residents of Newborough village, pro...

Anglesey Beach Parking Fees Rise to Ease Gridlock

New parking restrictions, including increased fees (£5 for two hours, plus 70p for every additional 20 minutes) and potential car park closures from 11:00 a.m., will be trialled at Llanddwyn beach on Anglesey this weekend to alleviate traffic congestion impacting residents of Newborough village, pro...

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Sustainable Cities and Communities

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How do the new parking measures aim to balance the needs of residents and visitors to Llanddwyn beach?

The new measures, a trial starting this weekend, aim to manage visitor numbers to Llanddwyn beach, a location featured in "House of the Dragon." The increase in parking fees and potential car park closures are direct responses to resident complaints about excessive traffic and the disruption it causes to their daily lives.

english.kyodonews.net

🌐 85% Global Worthiness

May 22, 04:09

Japan, U.S. Agree on Dollar-Yen Exchange Rate

Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent agreed in Banff, Canada, that the current dollar-yen exchange rate reflects economic fundamentals, reaffirming their commitment to market-determined exchange rates amidst ongoing bilateral tariff negotiations.

Japan, U.S. Agree on Dollar-Yen Exchange Rate

Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent agreed in Banff, Canada, that the current dollar-yen exchange rate reflects economic fundamentals, reaffirming their commitment to market-determined exchange rates amidst ongoing bilateral tariff negotiations.

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What is the significance of the agreement between Japan and the U.S. regarding the dollar-yen exchange rate?

Japan and the U.S. have agreed that the current dollar-yen exchange rate accurately reflects economic fundamentals. This agreement was reached during discussions between Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent on the sidelines of a G7 meeting in Banff, Canada. Both sides also reaffirmed their commitment to market-determined exchange rates.

dailymail.co.uk

🌐 85% Global Worthiness

May 22, 19:12

Balearic Island Hotel Strikes to Disrupt Summer Tourism

Hotel workers in Spain's Balearic Islands are planning strikes in June and July, impacting thousands of tourists due to a pay dispute; the UGT union wants a 19% wage increase, while employers offer 8.5%; similar anti-tourism protests are occurring across Spain, including the Canary Islands and mainl...

Balearic Island Hotel Strikes to Disrupt Summer Tourism

Hotel workers in Spain's Balearic Islands are planning strikes in June and July, impacting thousands of tourists due to a pay dispute; the UGT union wants a 19% wage increase, while employers offer 8.5%; similar anti-tourism protests are occurring across Spain, including the Canary Islands and mainl...

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How do the Balearic Island strikes connect to the broader anti-tourism protests across Spain?

These strikes are part of a broader trend of anti-tourism protests across Spain, reflecting growing tensions over the impacts of tourism on housing, wages, and local communities. The recent removal of over 65,000 illegal Airbnb listings highlights the government's efforts to address the housing crisis exacerbated by tourism. Similar protests have occurred in the Canary Islands and mainland cities like Barcelona, Valencia, and Madrid.

sueddeutsche.de

🌐 65% Global Worthiness

May 22, 10:12

CDU Criticizes Mecklenburg-Vorpommern's Tourism Law Amidst Industry Struggles

Mecklenburg-Vorpommern's CDU criticizes the state government's proposed tourism law due to negative feedback from the hospitality industry, which is facing a nearly 20% revenue shortfall compared to 2019. A tourism dialogue is planned for June 2nd to address these concerns.

CDU Criticizes Mecklenburg-Vorpommern's Tourism Law Amidst Industry Struggles

Mecklenburg-Vorpommern's CDU criticizes the state government's proposed tourism law due to negative feedback from the hospitality industry, which is facing a nearly 20% revenue shortfall compared to 2019. A tourism dialogue is planned for June 2nd to address these concerns.

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What are the immediate economic consequences of Mecklenburg-Vorpommern's proposed tourism law for the hospitality industry?

The CDU in Mecklenburg-Vorpommern criticizes the state government's proposed tourism law, citing concerns from the hospitality industry that it will create additional burdens. The law, particularly its approach to tourism taxes, has received overwhelmingly negative feedback during consultations. A tourism dialogue is scheduled for June 2nd to discuss the bill with stakeholders, including the Minister of Economics.

forbes.com

🌐 85% Global Worthiness

May 23, 22:10

Universal Orlando Opens Epic Universe Theme Park

Universal Orlando Resort opened its new Epic Universe theme park on June 1, 2024, an 110-acre, multibillion-dollar park featuring five themed areas and advanced technology, aiming to create a full-week destination experience.

Universal Orlando Opens Epic Universe Theme Park

Universal Orlando Resort opened its new Epic Universe theme park on June 1, 2024, an 110-acre, multibillion-dollar park featuring five themed areas and advanced technology, aiming to create a full-week destination experience.

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How did market research influence the design and intellectual property choices for Epic Universe?

Epic Universe's development stemmed from market research indicating a consumer desire for more immersive storytelling and thrilling attractions. The park incorporates various intellectual properties, including How to Train Your Dragon, Harry Potter, and Super Nintendo World, to create a multi-day destination. This expansion positions Universal Orlando as a leading competitor in the theme park industry.

zeit.de

🌐 65% Global Worthiness

May 23, 19:14

German Navy Submarine U17 Opens at Technik Museum Sinsheim

The Technik Museum Sinsheim in Germany opened its new exhibit, the decommissioned submarine U17, on May 27, 2024, after a complex and costly transport operation; the submarine offers visitors a unique and immersive experience.

German Navy Submarine U17 Opens at Technik Museum Sinsheim

The Technik Museum Sinsheim in Germany opened its new exhibit, the decommissioned submarine U17, on May 27, 2024, after a complex and costly transport operation; the submarine offers visitors a unique and immersive experience.

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What were the logistical challenges and costs involved in transporting U17 to Sinsheim?

U17's exhibition is unique in Germany; it's the most modern museum submarine and the only one of its class (206A), showcasing its advanced digital targeting and weapon systems. The submarine's transport from Eckernförde to Sinsheim involved a complex operation costing approximately €2 million, primarily funded by donations. The museum is open to visitors daily, from 9 am to either 6 pm or 7 pm, depending on the day.

theglobeandmail.com

🌐 85% Global Worthiness

May 22, 04:09

Bipartisan Senate Resolution Aims to Repair Strained U.S.-Canada Ties

U.S. Senators introduced a bipartisan resolution Wednesday to recognize the critical U.S.-Canada partnership, amid strained relations due to President Trump's tariffs and threats; the resolution emphasizes shared economic and security interests, while acknowledging a 35 percent drop in Canadian bord...

Bipartisan Senate Resolution Aims to Repair Strained U.S.-Canada Ties

U.S. Senators introduced a bipartisan resolution Wednesday to recognize the critical U.S.-Canada partnership, amid strained relations due to President Trump's tariffs and threats; the resolution emphasizes shared economic and security interests, while acknowledging a 35 percent drop in Canadian bord...

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Peace, Justice, and Strong Institutions

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What are the immediate economic consequences of the strained U.S.-Canada relationship stemming from President Trump's policies?

A bipartisan resolution was introduced in the U.S. Senate to reaffirm the U.S.-Canada partnership, which has been strained by President Trump's tariffs and annexation threats. The resolution highlights the economic and security importance of the relationship, emphasizing shared defense commitments and border security initiatives. Eight senators from both parties support the measure.

english.kyodonews.net

🌐 85% Global Worthiness

May 22, 07:12

Japan, U.S. Agree Dollar-Yen Rate Reflects Economic Fundamentals

Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent agreed in Banff, Canada, on Wednesday that the current dollar-yen exchange rate reflects economic fundamentals, reaffirming their commitment to market-determined exchange rates amidst ongoing bilateral tariff negotiat...

Japan, U.S. Agree Dollar-Yen Rate Reflects Economic Fundamentals

Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent agreed in Banff, Canada, on Wednesday that the current dollar-yen exchange rate reflects economic fundamentals, reaffirming their commitment to market-determined exchange rates amidst ongoing bilateral tariff negotiat...

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How might this agreement between Japan and the U.S. influence future bilateral trade negotiations and currency market stability?

The agreement on the dollar-yen exchange rate reflects the ongoing bilateral tariff negotiations between Japan and the U.S. The shared belief in market-determined exchange rates suggests a commitment to avoiding direct currency manipulation. This decision likely aims to stabilize financial markets amidst trade uncertainties.

kathimerini.gr

🌐 75% Global Worthiness

May 22, 13:12

Soaring Greek Rents Threaten Economic Growth

Morgan Stanley's report on Greece highlights a 10.5% rise in rental prices, exceeding the 2.1% projected inflation for 2025, impacting 35% of Greek households who rent, mainly lower-income ones spending at least 22% of their income on rent. The limited housing supply post-economic crisis is a key fa...

Soaring Greek Rents Threaten Economic Growth

Morgan Stanley's report on Greece highlights a 10.5% rise in rental prices, exceeding the 2.1% projected inflation for 2025, impacting 35% of Greek households who rent, mainly lower-income ones spending at least 22% of their income on rent. The limited housing supply post-economic crisis is a key fa...

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No Poverty

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How does the significant increase in Greek rental prices, exceeding overall inflation, impact lower-income households and the broader economic outlook?

Morgan Stanley highlights a sharp rise in Greek rent prices, reaching 10.5%, contrasting with the overall inflation decrease and impacting lower-income households significantly. This surge, despite overall inflation moderating to 2.1% in 2025 from 2.7% in 2024, threatens disposable income and real consumption for 35% of households renting homes.

elpais.com

🌐 85% Global Worthiness

May 21, 10:12

Antarctica's Active Volcano: Science and Risk on Deception Island

Deception Island's volcano, located in Antarctica, erupted in 1967, destroying a Chilean military base; today, a Spanish research base monitors the active volcano, supporting scientists while facing similar risks amid increasing tourism.

Antarctica's Active Volcano: Science and Risk on Deception Island

Deception Island's volcano, located in Antarctica, erupted in 1967, destroying a Chilean military base; today, a Spanish research base monitors the active volcano, supporting scientists while facing similar risks amid increasing tourism.

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Climate Action

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How do past volcanic events and current monitoring efforts inform the assessment of future risks at Deception Island?

Deception Island's volcanic history, marked by eruptions in 1812, 1842, 1912, and 1967, demonstrates a pattern of roughly 50-year intervals between major events. The current Spanish base, established in 1989, actively monitors seismic activity and ground deformation to predict potential eruptions and ensure the safety of personnel. The 2019-2020 period showed significant deformation, changing the volcano's alert status.

Showing 553 to 564 of 1,501 results