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Travel Hotels Resorts and Cruise Lines

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  • July 30- Starwood Hotels& Resorts Worldwide Inc, the owner of the Sheraton and Westin hotel chains, reported an 11 percent fall in quarterly profit, hurt by a charge and the strong dollar, and trimmed its 2015 profit forecast. In contrast, Marriott International Inc and Hilton Worldwide Holdings Inc, which get most of their revenue from the United States, have raised...

  • Starwood Hotels quarterly profit falls 11 pct Thursday, 30 Jul 2015 | 7:17 AM ET

    July 30- Hotel operator Starwood Hotels& Resorts Worldwide Inc reported an 11 percent fall in quarterly profit, hurt by a stronger dollar. Net profit attributable to Starwood fell to $136 million, or 79 cents per share, in the second quarter ended June 30 from $153 million, or 80 cents per share, a year earlier. Excluding items, the company earned 84 cents per share.

  • Hilton raising optimism Wednesday, 29 Jul 2015 | 10:00 AM ET
    Hilton raising optimism

    Hilton Worldwide raises its full-year profit forecasts despite a profit slide in the current quarter.

  • July 29- Hilton Worldwide Holdings, the owner of Waldorf Astoria and Conrad hotel chains, raised its full-year profit forecast as improvement in the U.S. economy boosts occupancy and room rates. Hilton, which gets about three-quarters of its revenue from the United States, raised its profit forecast for 2015 to 80- 84 cents per share from 79- 83 cents.

  • Hotel chain operator Hilton's revenue rises 9.6 pct Wednesday, 29 Jul 2015 | 6:17 AM ET

    July 29- Hotel chain operator Hilton Worldwide Holdings Inc reported a 9.6 pct rise in quarterly revenue, helped by higher room rates and occupancy. However, net income attributable to the company's shareholders fell to $161 million, or 16 cents per share, in the quarter ended June 30 from $209 million, or 21 cents per share, a year earlier. Revenue rose to $2.92...

  • July 27- Puerto Rico may sport palm trees, pristine beaches and glorious weather but its tourism industry is losing out to rival Caribbean islands- and that is holding the U.S. territory back at a time when its deeply troubled economy most needs a fillip. Rick Newman, who owns and operates the Verdanza Hotel in the popular beachside tourist strip of Isla Verde, says...

  • Is Greece's tourism industry bouncing back? Monday, 27 Jul 2015 | 1:40 AM ET
    Is Greece's tourism industry bouncing back?

    Panos Paleologos, founder and CEO of HotelBrain, claims that tourism has picked up since early July and luxury hotels in Athens have plenty of bookings.

  • Airbnb's 10 most exotic rooms around the world Friday, 24 Jul 2015 | 10:30 AM ET
    Dog Bark Inn

    Why stay in a hotel or condo when you could stay in a ... Here are 10 of the most exotic, unusual, Airbnb rental options.

  • Vail Resorts is optimistic on Perisher: CEO Thursday, 23 Jul 2015 | 7:36 PM ET
    Vail Resorts is optimistic on Perisher: CEO

    Apart from earning $16 million before taxes and interest each year, the acquisition of Perisher offers a "terrific connection" between the resorts in Australia and the U.S., says Rob Katz, CEO of Vail Resorts.

  • *Nidec jumps 10 pct on strong April-June results. *Komatsu, Hitachi Construction Machinery fall before Caterpillar's earnings. TOKYO, July 23- Japan's Nikkei share average rose on Thursday morning on domestic earnings optimism after electric motor maker Nidec Corp reported strong quarterly results.

  • Time to buy travel stocks? Tuesday, 21 Jul 2015 | 8:16 AM ET
    Time to buy travel stocks?

    Patrick Scholes, SunTrust Equity Research, shares his top stock picks in the travel industry.

  • Inside the suite for tech's elite Friday, 10 Jul 2015 | 11:00 AM ET
    Inside the suite for tech's elite

    CNBC's Josh Lipton reports more than 75 tech companies have come to or held meetings at Casa Madrona Hotel & Spa.

  • Scoring a luxe experience Friday, 10 Jul 2015 | 10:15 AM ET
    Scoring a luxe experience

    CNBC reporter Kelli Grant offers tips on how to easily upgrade to first-class accommodations.

  • LONDON, July 10- InterContinental Hotels Group said on Friday it had agreed to sell InterContinental Hong Kong to a consortium of investors for $938 million and may return some of the proceeds to shareholders. It is being sold to Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners, the real estate private equity fund...

  • LONDON, July 10- InterContinental Hotels Group said on Friday it had agreed to sell InterContinental Hong Kong to a consortium of investors for $938 million and may return some of the proceeds to shareholders. It is being sold to Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners, the real estate private equity fund...

  • IHG agrees $938 sale of InterContinental Hong Kong Friday, 10 Jul 2015 | 2:14 AM ET

    LONDON, July 10- InterContinental Hotels Group said on Friday it had agreed to sell InterContinental Hong Kong to a consortium of investors for $938 million but will retain a management contract. The buyer is Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners. Supreme has paid a cash deposit to IHG of $94 m, with the...

  • Shark attacks? No problem for Carolina tourists Wednesday, 8 Jul 2015 | 4:02 PM ET
    People help a 68-year-old shark-bite victim on Ocracoke Island, N.C., July 1, 2015.

    Businesses in North and South Carolina aren't seeing a drop in tourists, despite the record number of shark attacks.

  • MIAMI, July 7- Carnival Corp has won U.S. approval to operate cruises to Cuba and plans to start taking travelers there in May, joining a growing list of maritime companies hoping to profit from a thaw in relations between Washington and Havana. Miami- based Carnival, the world's largest cruise operator, said it was still in talks with Cuba for approval to start...

  • July 7- Carnival Corp, the world's largest cruise operator, said it had received U.S. approvals to operate cruises to Cuba and planned to start in May. The United States and Cuba have been working to thaw relations after more than five decades of animosity that had led to trade embargos against the communist-led country. Carnival will use the 710- passenger vessel,...

  • Carnival Cruises to travel to Cuba Tuesday, 7 Jul 2015 | 10:10 AM ET
    A street scene in Havana, Cuba

    The first license to operate direct cruises from the U.S. to Cuba has been granted to Carnival. Arnold Donald, Carnival Corporation CEO, discusses the new travel license.