Articles tagged “sanctions”

Tourism

North Korea’s Benidorm-Inspired Resort Town Planned for May Opening, But Who’s Going?

Fancy a trip to North Korea's seaside resort town?

Peden Doma Bhutia | 5 hours ago

North Korea’s Benidorm-Inspired Resort Town Planned for May Opening, But Who’s Going?

Tourism

Cuba’s Struggling Tourism Sector Banks on Russian Boost

Cuba eyes Russia not only for economic and diplomatic support, but also as a key player in reviving its tourism sector.

Nelson Acosta, Reuters | 6 months ago

Tourism

Why Thailand Is the Best Bet for Russian Tourists These Days

Thailand needs tourists and Russians need to travel. The equation seems to have worked out pretty well so far for the two countries.

Peden Doma Bhutia | 2 years ago

Why Thailand Is the Best Bet for Russian Tourists These Days

Short-Term Rentals

4 Takeaways From Airbnb’s Second Quarter Report

Airbnb's revenue stream wasn't as internationally diverse in the second quarter as it was pre-pandemic, but it is slowly creeping back to that level as international markets open.

Dennis Schaal | 2 years ago

4 Takeaways From Airbnb’s Second Quarter Report

Airlines

Russians Flee to Favorite Tourism Locales of Dubai and Maldives

Sanctions be damned, destinations like Dubai and Maldives continue to welcome an inflow of Russian rubles to their tourism economies.

Peden Doma Bhutia | 2 years ago

Russians Flee to Favorite Tourism Locales of Dubai and Maldives

Tourism

Russia Travel: Who’s In, Who’s Out

The global travel industry is split over doing business in Russia, although the vast majority of companies are abiding by the relevant economic sanctions. Moral outrage, self-interest, and disparate views over harming ordinary Russians are clashing big time.

Dennis Schaal | 2 years ago

Russia Travel: Who’s In, Who’s Out

Tour Operators

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Mordashov's resignation from the TUI Group supervisory board has to be a tremendous relief to the world's largest tour operator, which can now in large part get on with its business. However, there is a substantial hangover: With his shares frozen, Mordashov still remains TUI Group's largest shareholder.

Dennis Schaal | 2 years ago

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Tour Operators

TUI Group’s Largest Shareholder Hit With European Union Sanctions

How will TUI Group respond to the European Union's sanctions against the tour operator's largest shareholder? The issue goes beyond any potential financial fallout and becomes one of corporate responsibility and the integrity of the TUI Group brand.

Dennis Schaal | 2 years ago

TUI Group’s Largest Shareholder Hit With European Union Sanctions

Tour Operators

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem

Does TUI Group really want to be associated with a Russian oligarch who sits on its strategy committee and who is close to and allied with Putin during Russia's invasion of Ukraine? That sort of publicity could hammer the company's reputation and its customers won't take the news well.

Dennis Schaal | 2 years ago

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem