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Travel Hotels Resorts and Cruise Lines

  • Will Japan to warm up to casinos?

    Jon Oh, head of gaming at CLSA, says casinos are just a small slice of what the integrated resorts will be offering.

  • Expect $25 billion from Japanese integrated resorts: CLSA

    Jon Oh, head of gaming at CLSA, says he expects more than just 1 or 2 casino operators to enter the Japanese market.

  • A pedestrian pulls luggage behind him as he walks outside a Marriott hotel in New York.

    SunTrust says Marriott's hotel bookings are not improving significantly, according to its research checks.

  • PARIS, Feb 21- Former French President Nicolas Sarkozy has been appointed as a director of AccorHotels and will chair its newly created international strategy committee, Europe's largest hotels group said on Tuesday. Sarkozy, who led France for five years from 2007, lost his bid for another presidential term in November after coming third in the primaries of...

  • PARIS, Feb 21- Former French President Nicolas Sarkozy has been appointed as a director of AccorHotels and will chair its newly created international strategy committee, Europe's largest hotels group said on Tuesday. Sarkozy, who led France for five years from 2007, lost his bid for another presidential term in November after coming third in the primaries of...

  • PARIS, Feb 21- Former French President Nicolas Sarkozy has been appointed as a director of AccorHotels and will chair its newly created international strategy committee, Europe's largest hotels group said on Tuesday. Sarkozy, who led France for five years from 2007, lost his bid for another presidential term in November after coming third in the primaries of...

  • PARIS, Feb 21- Former French President Nicolas Sarkozy has been appointed as a director of AccorHotels and will chair its newly created international strategy committee, Europe's largest hotels group said on Tuesday. Sarkozy, who led France for five years from 2007, lost his bid for another presidential term in November after coming third in the primaries of...

  • WILLIAMSBURG, Va. _ Sotherly Hotels Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The Williamsburg, Virginia- based real estate investment trust said it had funds from operations of $2.1 million, or 12 cents per share, in the period. Sotherly Hotels expects full-year funds from operations in the range of $1.02 to $1.10 per share,...

  • Feb 21- InterContinental Hotels Group beat 2016 profit forecasts, helped by demand in the Americas, and announced a $400 million special dividend for shareholders that sent its stock to a record high. The company, which runs over 5,000 hotels in about 100 countries under brands such as Crowne Plaza, Holiday Inn and InterContinental, said on Tuesday it also...

  • Feb 21- InterContinental Hotels Group Plc, one of the world's largest hoteliers, reported a slightly better-than-expected yearly profit rise and said it would return $400 million to investors via a special dividend and share consolidation. IHG, which runs hotels under brands such as Crowne Plaza, Holiday Inn and InterContinental, posted a 4 percent rise in...

  • Checking in with Choice Hotels

    Steve Joyce, Choice Hotels International president & CEO, discusses the company's outlook going forward and his views on the Trump administration's ability to help promote the travel industry.

  • Gaming making recovery in Macau: Melco Crown CEO

    Lawrence Ho, CEO of Melco Crown Entertainment, talks about how customers are coming back more frequently after the lull early last year.

  • LAS VEGAS— MGM Resorts International on Thursday reported fourth-quarter net income of $24.7 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Four analysts surveyed by Zacks expected $2.44 billion.

  • The Chicago company, which also runs the Andaz hotel brand, reported fourth-quarter net income of $41 million, or 31 cents per share, in the last three months of 2016. Adjusted earnings came to 29 cents per share, beating the 24 cents per share analysts expected, according to Zacks Investment Research. Shares of Hyatt Hotels Corp. were unchanged before the stock...

  • ROCKVILLE, Md. _ Choice Hotels International Inc. on Wednesday reported fourth-quarter net income of $31.8 million. Choice Hotels expects full-year earnings to be $2.78 to $2.84 per share. Choice Hotels shares have risen 3 percent since the beginning of the year.

  • *Hilton forecasts 2017 adj profit of $1.65- $1.75/ share. The hotel operator said it expected adjusted earnings between $1.65 and $1.75 per share. Analysts on average had estimated earnings of $1.75 per share in 2017, according to Thomson Reuters I/B/E/S.

  • BETHESDA, Md. _ Marriott International Inc. on Wednesday reported fourth-quarter profit of $244 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. Four analysts surveyed by Zacks expected $4.82 billion.

  • *Forecasts 2017 adj profit of $1.65- $1.75/ share. The hotel operator said it expected adjusted earnings between $1.65 and $1.75 per share. Analysts on average had estimated earnings of $1.75 per share in 2017, according to Thomson Reuters I/B/E/S.

  • Hilton, which gets more than three quarters of its revenue from the United States, reaffirmed its 1-3 percent growth in RevPAR in 2017 and said it expects adjusted earnings between $1.65 and $1.75 per share. Analysts on average had expected Hilton to earn $1.75 per share in 2017.. Net loss attributable to Hilton stockholders was $387 million, or $1.17 per share, in...

  • Net loss attributable to Hilton stockholders was $387 million, or $1.17 per share, in the fourth quarter ended Dec. 31. The company reported net income of $814 million, or $2.47 per share, in the year-ago period. Revenue rose to $2.92 billion from $2.86 billion.