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Travel Hotels Resorts and Cruise Lines

  • Royal Caribbean CEO: So many markets are lining up in a positive way

    Royal Caribbean Chairman & CEO Richard Fain discusses the cruise operator's quarterly earnings, share buybacks and the company's outlook for China.

  • April 20- Blackstone Group LP, the largest manager of private equity and real estate assets, reported a bigger-than-expected jump in quarterly earnings on Thursday after the Wall Street rally helped it realize record proceeds from sales of its holdings. "I don't know what the Trump administration policies really are, or what will happen in Washington,"...

  • Blackstone, whose co-founder and chief executive Stephen Schwarzman is an economic adviser to Trump and chairs his strategic and policy forum, said the sale of assets for top dollar allowed it to pay its second highest quarterly dividend ever, equivalent to 87 cents per common unit. "In total, we will have distributed nearly $14 per common unit of value since the...

  • WASHINGTON, April 19- Princess Cruise Lines Ltd, a unit of Carnival Corp, was sentenced on Wednesday to pay $40 million for illegal dumping of oil contaminated waste and falsification of records to conceal the discharges, the U.S. Justice Department said in a statement. The penalty, imposed by U.S. District Judge Patricia Seitz in Miami, is the largest-ever for...

  • TORONTO, April 19- Global hotel chain InterContinental Hotels Group Plc said 1,200 of its franchised hotels in the United States, including Holiday Inn and Crowne Plaza, were victims of a three-month cyber attack that sought to steal customer payment card data. The company declined to say how many payment cards were stolen in the attack, the latest in a hacking...

  • PARIS, April 19- AccorHotels said on Wednesday its board opposed an attempt by a group of shareholders to scrap the granting of any further double voting rights to long-term investors. A group of 14 investors accounting for 2.3 percent of the capital of Europe's largest hotel group and led by PhiTrust, a Paris- based investment firm, have put forward a resolution...

  • TORONTO, April 19- Global hotel chain InterContinental Hotels Group Plc said a third of its franchised properties in the United States were hit late last year by malware that can steal guests' credit card information. Some 1,200 U.S.-based franchised properties and one hotel in Puerto Rico were affected between September 29 and December 29, spokesman Neil...

  • Guests stand outside of a Hilton hotel in San Francisco, Feb. 16, 2015.

    Goldman Sachs reiterated its buy rating on Hilton Worldwide and added the company to its conviction buy list.

  • That means that Mexico- long a reasonably priced destination for Americans- remains cheap, potentially further boosting a strong inflow of tourists. The number of international tourists in Mexico climbed 9 percent to 35 million in 2016, a year in which the dollar gained around 20 percent against the peso, according to Mexican Tourism Ministry figures.

  • The disaster zone stretched 1,000 km from Queensland state's tropical resort islands and Gold Coast tourist strip to the farmlands of New South Wales state. The body of 77- year-old Nelson Raebel was found in floodwaters in the state of Queensland on Saturday afternoon, Queensland Police said, bringing the national death toll to three since the cyclone hit on...

  • TORONTO, March 30- An Ontario court judge on Thursday approved the sale of a downtown Toronto hotel and condominium high-rise bearing U.S. The court-run sale of the tower, which includes 211 hotel rooms, 74 residential units, as well as commercial, retail and amenity space, had received no bids apart from JCF Capital's stalking horse offer of C $298 million.

  • The insurer has already counted 70 bedbug claims through September 2016, heading for a total that could surpass the previous year's, said Larry Crotser, the chief claims officer for the insurer's Allianz Global Corporate& Specialty unit. The findings were included in a global report by the Allianz unit, which analyzed more than 100,000 corporate liability...

  • Increase in cruise travel is expected to continue this year, with an estimated 25.3 million passengers expected to sail in 2017, compared to 15.8 million a decade ago, according to Cruise Lines International Association, an industry trade body. Carnival, which operates the Costa and Princess cruise lines, hiked ticket prices last year in response to growing...

  • Carnival, which operates the Costa and Princess Cruise lines, hiked ticket prices last year in response to growing demand for cruises to Alaska and the Caribbean. The company's net income rose to $352 million or 48 cents per share in the first quarter, from $142 million or 18 cents per share a year earlier. Excluding one-time items, Carnival earned 38 cents per...

  • March 28- Carnival Corp, the world's largest cruise operator, reported a 3.8 percent rise in quarterly revenue, helped by higher ticket prices and on-board spending. The company's net income rose to $352 million or 48 cents per share in the first quarter ended Feb. 28, from $142 million or 18 cents per share a year ealier. Revenue rose to $3.79 billion from $3.65...

  • One of two listed casino operators in South Africa, Sun International has been hit by sluggish economic growth in its home market. It is scheduled to open its second-largest casino and entertainment complex there, the 4.2 billion rand Time Square project in Pretoria, next month. The owner of Sun City resort and the Sibaya Casino in South Africa said the slowing...

  • The chosen theme of the annual meeting at the beach resort of Acapulco was "liberalism versus populism," with President Enrique Pena Nieto, senior ministers, former U.S. President Donald Trump's populist jabs at Mexico have generated some sympathy for Pena Nieto at home. After extensive security checks in this fabled tourist destination that today struggles...

  • Mad Money Lightning Round

    Jim Cramer rattles off his take on caller favorite stocks, including this concerning energy stock.

  • Oceania Cruises' Regatta

    Some retirees find living aboard a cruise ship full time makes financial sense when compared to other options.

  • Lavell Mayo aboard ship.

    Lavell Mayo has been on over 64 cruises since retiring. Here’s why Mayo and other retirees are opting to spend their days at sea, rather than in assisted living.