The merger of TUI AG and TUI Travel PLC has created the world’s number one integrated leisure tourism business. The start of the TUI Group is marked by its shares trading the first day in the premium index FTSE of the London Stock Exchange.

According to data released by the Central Bank of Brazil, between January and October, foreign tourists visiting the country spent USD 5.915 billion dollars. This figure represents an increase of 6.21 percent compared to the first ten months of last year.

Cruise Lines International Association (CLIA) announced that in 2015 it will consolidate its U.S. offices into a single location in Washington, DC. In addition, CLIA has hired Cindy D'Aoust as Executive Vice President, Membership and Operations.

The Dominican Tourism Press Association (ADOMPRETUR) and the Caribbean Tourism Exchange (BTC) on Wednesday agreed to work together to bolster Dominican Republic’s tourism development.