Topic: Travel and Tourism Sector

Carnival to raise prices as bookings strengthen

Carnival to raise prices starting March 22 for summer cruising as bookings strengthenCarnival Cruise Lines said Wednesday it will raise prices by about 5 percent for summer bookings, effective March 22, after a strong showing during the busiest time of the year for cruise reservations. The peak booking period typically ...
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S.African tourism minister probes World Cup prices

S.African tourism minister launches price probe, 2nd into possible World Cup profiteeringSouth Africa's tourism ministry has ordered an investigation into allegations that World Cup hotel prices are unreasonably high, one month after a similar government probe was launched to find out if local airlines were colluding to inflate ...
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CLOSING PARKS: MORE HARM THAN GOOD?

Cost-cutting move could devastate rural areas, critics say The Nevada Legislature is thinking of closing state parks as it considers how to patch an estimated $900 million budget gap, a move that would save a few million dollars while killing the economies of rural towns and stunting tourism efforts across ...
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Blackstone, Hilton lenders agree on debt: source

NEW YORK (Reuters) - Private equity giant Blackstone Group <BX.N> has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday. The agreement with Hilton's lenders would cut about $4 billion of debt at the hotel firm ...
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