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Grenada’s economy is experiencing sustained and strong growth, driven primarily by a robust tourism sector. The International Monetary Fund (IMF) predicts economic growth of nearly 4 percent this year, highlighting the big role of tourism in the country’s economic recovery. Citizenship by Investment: Benefits and Challenges The rapid growth in Citizenship by Investment (CBI) income has contributed significantly to the health of Grenada’s economy, resulting in a large budget surplus, increased government deposits and reduced public debt. The CBI program allows foreign investors to obtain Grenadian citizenship in exchange for making significant investments in Grenada’s socio-economic development. Despite these gains,…
TBILISI, Georgia — In the ancient home of khachapuri cheese bread and the famous earthenware-fermented qvevri wine, Danny Licht is now serving up a national dish to rival it: falafel. The Swiss-Israeli entrepreneur moved here from Jerusalem with his Russian-born wife, Rita, three years ago, and in January they opened Ashkara Falafel in the heart of Tbilisi’s tourist district.”We wanted to offer something fresh, tasty and cheap — not a restaurant, but real street food,” said Licht, who sells a full falafel course with all the accompaniments for 19 lari (about $7). Meanwhile, Rita, who earned her PhD in molecular…
PIERRE — Travel South Dakota’s Tourism Advertising Promotion Grant Program has awarded a total of $163,110 to support South Dakota’s tourism industry and increase visitors to tourism-related events. “From local events to large-scale celebrations, all kinds of South Dakota events can use this funding to celebrate what’s unique about our state,” said South Dakota Tourism Director James Hagen. “We’re excited to be able to provide support to these great South Dakota events.” The purpose of the TAP Grant Program is to provide marketing funds for tourism-related events such as festivals, concerts, rodeos and powwows. The grant program focuses on funding…
Barcelona Mayor Jaume Corboni today announced a bold and controversial measure to phase out all short-term apartment rentals to tourists by 2028. Barcelona’s grid pattern really comes to life when seen from above.Getty Rising cost of living in Barcelona Barcelona’s boom in short-term apartment rentals has caused a significant rise in the cost of living in the Catalan capital. With rents rising by nearly 70 percent and the cost of buying a home rising by nearly 40 percent over the past decade, many residents are unable to rent an apartment, making access to housing a factor in inequality, especially for…
The grant fund, which will be established in 2023, will allow the state to provide financial assistance to organizations aiming to attract sports tourism. (Photo from Delaware Indoor Track) The indoor track, Frederica sports facilities, pickleball complex and tournament venue were awarded $11.3 million from a state fund earmarked for promoting sports tourism. The allocation for the Sports Tourism Capital Investment Fund, established last year, was announced by the Delaware Tourism Board to provide grants to support sports facilities such as arenas, courts, stadiums, aquatic facilities and track and field facilities. The winners are as follows: Indoor Track Delaware: $6…
In the latest ranking, South Africa is the highest ranked country in Africa, followed by Mauritius and Ghana. Sub-Saharan Africa saw significant improvements in the trade and transport sector, which drives job creation and economic development. The global travel and tourism (T&T) sector is expected to return to pre-pandemic levels by 2024, driven by the lifting of restrictions and strong demand. However, challenges remain, including uneven regional recoveries, labour shortages and supply-demand imbalances. External factors such as global inflation, conflict and environmental issues are adding further pressure. The report notes that Sub-Saharan Africa has seen the largest improvement in TTDI…
MOSCOW – Evgeny Kozlov, First Deputy Head of Moscow Mayor and Government Building and Chairman of the Moscow City Tourism Committee, said that the sister city agreement between Tehran and Moscow can significantly boost cooperation between the two countries in the tourism sector.”This is a two-stage strategy. First, we need partnerships at the official level. The next step is partnerships with tourism companies. So the two-stage strategy is a winning strategy,” Kozlov said at the first BRICS Tourism Forum in the Russian capital on Friday, June 21. When asked by Tehran Times if the Moscow Tourism Committee had signed any…
Home » Tourism News » Hainan tourism sector primed for growth with 2024 overseas tour operator event Friday, June 21, 2024Reading time: 2 minutesHainan province will host the overseas travel agency Hainan Tour 2024, jointly organized by China Tourism Academy, Hainan Provincial Culture, Radio, Television and Sports Bureau and Sanya Municipal People’s Government, from June 24 to 29, 2024. The event aims to promote the “Inbound Tourism Promotion Plan” launched by the Ministry of Culture and Tourism and the national tourism image campaign “Nihao! China”, boosting cultural and tourism exchanges between China and other countries, expanding Hainan’s international tourism market…
Editor’s note: This is part of a history series about popular tourist activities in Transylvania County. A related exhibit will be on display on the second floor of the Transylvania County Library through July.When people want to express themselves, they make joyful noises and movements. Traditional mountain music and dance have been a part of the charm of the region since the earliest days of Transylvania County.As people go through life, they feel emotions and want to express them. Songs are a way to share joy, sorrow and ecstasy. Rhythm makes people want to move to the rhythm.Many different styles…
“Why hire her? There are plenty of other Chinese celebrities with no record of wrongdoing,” said one online observer.Another added: “She evaded taxes and was censored in China, but got lots of work overseas. This appointment is beyond my imagination.”The 42-year-old actress was one of China’s highest-paid stars and one of the most internationally famous artists to come from China until she was investigated in May 2018 for suspected tax evasion.She allegedly signed two contracts to hide her true income.In October 2018, tax authorities ordered her to pay approximately 884 million yuan (US$122 million) in late taxes and penalties.Following her…