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...Credit card data suggest people are shifting spending away from goods to travel and entertainment. Business travel is also recovering....
...2020, the value of South Korea’s cultural content exports, which include industries such as music, movie and broadcasting, reached an estimated $11.92bn according to the Ministry of Culture, Sports and Tourism...
...Greek tourism minister Harry Theocharis told the Financial Times he was “100 per cent” sure cruising could restart in Greek waters from May....
...It was a make-or-break fundraising to tide Norwegian through the Covid-19 crisis that has upended the tourism industry....
...Some bankers and economists say a case can be made for the investments in Carnival and Live Nation as both fit with Prince Mohammed’s goal of developing entertainment and tourism....
...Travel and tourism businesses are under immense pressure ahead of the crucial summer season in the northern hemisphere....
...These are the areas of Vietnam most reliant on foreign tourism, which was wiped out once the borders slammed shut....
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...A version of this article was first published by the Nikkei Asian Review on August 6 2019. ©2019 Nikkei Inc. All rights reserved....
...The Mall Group in September announced a tie-up with US sports and entertainment company Anschutz Entertainment Group to build concert venues at its facilities....
...A version of this article was first published by the Nikkei Asian Review on May 1, 2018. ©2018 Nikkei Inc. All rights reserved....
...Related stories Chinese tourism spreads benefits and unwanted baggage across Asia Casino giants itching to place bets on Japan Galaxy Entertainment to be ‘passive investor’ in Wynn Resorts Galaxy ties...
...The company’s most important international asset is AMC Entertainment Holdings of the US, the world’s largest cinema chain....
...Sony Pictures Entertainment has hired Time Inc M&A veteran Erik Moreno as its executive vice-president of corporate development and M&A....
...As some fashion brands lose their appeal, mall operators are shifting to food and entertainment....
...Wanda also has come under investor scrutiny following the unexpected sale last week of $9.3bn of hotel and tourism assets to rival developer Sunac....
...He added: Zhonghong Group hopes to contribute our experience and resources in global tourism and project development to enhance long-term value to all of SeaWorld’s shareholders....
...“The development of domestic business is certainly our main focus,” he said, “because China's entertainment market, tourism market, sports market have just begun....
...“Zhonghong Group hopes to contribute our experience and resources in global tourism and project development to enhance long-term value to all of SeaWorld’s shareholders,” he added....
...Tourism and travel stocks fell on news of a suspected terrorist attack outside the Houses of Parliament....
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...Funds can only be used towards current account spending such as tourism and shopping, overseas study, foreign medical care and consulting services....
...“Obtaining top television production rights brings about complementary and coordinated development for Wanda’s current focuses on the film, tourism, and sports industries,” it added....
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