Maharashtra plans tourism zone near upcoming Navi Mumbai airport
Mumbai may soon get a dedicated ‘tourism zone’ near the upcoming greenfield international airport in Navi Mumbai. Located near the growth centres of Mumbai, Navi Mumbai, Thane and Raigad, this zone will have a mix of amusement parks, hotels, restaurants, hotel management and training institutes, and ancillary activities. It is one of the provisions in […]
MGM China Shares Gain as Macau Tourism Recovery Boosts Fourth-Quarter Earnings
Published: Feb. 14, 2024 at 2:33 a.m. ET By Kimberley Kao MGM China shares rose in Hong Kong trade after the Macau-focused casino operator reported better-than-expected fourth-quarter revenue. Shares of MGM China were up 10% at 12.30 Hong Kong dollars (US$1.57) in Wednesday’s afternoon trading, lifting gains this year to 24%. The… By Kimberley Kao […]
Backed by tourism potential, hotels keen to cultivate Japanese market
After a three-year struggle during the pandemic, Japan’s tourism industry rebounded in 2023, with the government accelerating the normalization of business and social activities. A major driving force for the industry was the reopening of the border, which has sparked a renewed influx of international tourists. In October, Japan saw 2.51 million foreign visitors, exceeding […]
Japan luxury hotels target rich foreign tourists with new openings
TOKYO — Japanese luxury hotel operators are looking to open new properties designed to attract wealthy overseas tourists, expecting them to account for a large majority of guests. Palace Hotel, whose flagship property sits just across from the Imperial Palace in Tokyo, will increase the number of hotels it operates across the country by 2.5 […]