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Travel Hotels Resorts and Cruise Lines

  • Oct 28- Royal Caribbean Cruises Ltd, the second-largest U.S. cruise operator, reported a 1.6 percent rise in quarterly revenue, helped by demand for its North American cruises and higher onboard spending. The company's net income rose to $693.3 million, or $3.21 per share, for the third quarter ended Sept. 30 from $228.8 million, or $1.03 per share, a year earlier, when...

  • Oct 26- Hilton Worldwide Holdings Inc, owner of the Waldorf Astoria hotel chain, cut its full-year forecast for a key revenue measure for the third time as it struggles with weak business travel demand in a slowing global economy. The company added that increasing uncertainty in Turkey, France and Belgium due to recent attacks could temper its RevPAR growth...

  • *FTSE 100 closes 0.9 percent lower. LONDON, Oct 26- Britain's top share index hit a three-week low on Wednesday, with hotel operator Whitbread falling on a raft of negative broker comments and Antofagasta dragging down miners after a disappointing earnings update. Basic resources stocks were on the back foot, with the UK mining index down 1.4 percent, pressured by...

  • *Co cuts 2016 RevPAR growth forecast to 1.5-2 pct from 2-4 pct. Oct 26- Hilton Worldwide Holdings Inc cut its full-year forecast for a key revenue metric for the third time, underscoring weak corporate travel demand in the United States and economic and political uncertainties in Europe. The company added that Brexit and other events in Europe are likely to weigh...

  • *Anglo American leads market higher. LONDON, Oct 25- Britain's top share index climbed on Tuesday, boosted by basic resources stocks, with Anglo American leading the market higher after a production update, though a slew of broker downgrades weighed on UK midcap stocks. Anglo American shares were up 4.6 percent, taking its year-to-date gains to more than 270...

  • *HNA agrees to buy 25 pct stake for $26.25/ shr. Oct 24- China's aviation and shipping giant HNA Group extended its push into hotels and Chinese tourism on Monday, paying $6.5 billion to buy a 25 percent stake in Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP. Their spending at home and abroad is expected to hit $72 billion this year,...

  • Oct 24- Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. HNA Group will buy the stake for $26.25 per share, representing a premium of 14.6 percent to Hilton's closing price on Friday and...

  • Hilton Garden Inn in Redding, Calif.

    HNA announced plans to acquire a 25 percent stake in Hilton Worldwide from affiliates of Blackstone, in a deal the companies valued at $6.5 billion.

  • Oct 24- Chinese aviation and shipping conglomerate HNA Group said it would buy a stake of about 25 percent in hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. The deal comes after China's Anbang Insurance Group Co abandoned its pursuit of Hilton rival Starwood Hotels& Resorts Worldwide...

  • Japan looks to Singapore for casino inspiration

    Gambling is just one feature of the casino resorts planned in Japan, says the Milken Institute's Kotaro Tamura.

  • *Security concerns hurt France, Turkey and Belgium demand. Oct 21- InterContinental Hotels saw slower growth in room rates in the third quarter as the slump in the oil industry continued to affect bookings in some U.S. states and security concerns hurt demand in France, Belgium and Turkey. Hoteliers also face rising competition from online holiday rental...

  • Pricing pressure in the hotel industry

    André Juillard, senior equity research analyst at Kepler Cheuvreux, takes a look at the current performance in the hotels market, with specific comment on Intercontinental and AccorHotels.

  • Mövenpick has big plans in the Asian hospitality space

    Holger Jakobs, VP at Mövenpick, talks about the hospitality brand's Asian expansion and the surge in Chinese travelers.

  • Accor's new brand is by millennials, not just for millennials

    Accor's JO&JOE brand was designed around millennials to tap into changing consumer preferences, says Michael Issenberg, chairman & CEO at AccorHotels Asia.

  • PARIS, Oct 14- Luxury hotel chain Mandarin Oriental Group has picked Vinci to handle the multi-million pound revamp of its landmark 19th century Hyde Park hotel in London, the French construction group said on Friday. The 60 million pound renovation of the Edwardian-style property overlooking Hyde Park, its first in 16 years, will allow the five-star hotel to...

  • Magic Kingdom, Walt Disney World, Orlando, Florida USA

    Disney recently announced a new "Magic Kingdom Park After-Hours" wedding package at its Walt Disney World Resort in Orlando, Florida.

  • HELSINKI, Oct 11- Finland's Meyer Turku shipyard said on Tuesday it had won an order for two new cruise ships from Royal Caribbean, a shot in the arm for the country's struggling economy. Royal Caribbean said the vessels were due to be delivered in 2022 and 2024. The yard competes in cruise vessels with STX Corp's shipyard in France, another Meyer yard in Germany and...

  • Entrance of the Hilton Hotel opposite the Dalian International Conference Center.

    The tourism and leisure business can get volatile, but Hilton Worldwide's CEO thinks the legacy hotel chain has the right strategy.

  • Size matters but success in the hotel business requires quality as well, says Hilton Worldwide's Christopher Nassetta.

  • Hilton Worldwide CEO Christopher Nassetta talks about old and new competitors, including the merged Marriott-Starwood group and disruptor Airbnb.