BAYONNE, N.J.— The Coast Guard on Friday inspected a cruise ship that was battered and damaged by an intense winter storm to determine if it will be able to set sail as scheduled on a weekend voyage. Royal Caribbean was forced to cancel Anthem of the Seas' seven-day cruise to the Bahamas, and the ship returned to Bayonne on Wednesday night after a storm packing...» Read More
Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a better-than-expected quarterly profit, helped by higher onboard spending, and a rise in demand for its Caribbean and European cruises. The company- whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Cruises- raised its full-year...
Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 5.4 percent rise in quarterly revenue, helped by higher onboard spending and a rise in bookings for its Caribbean and European cruises. Total revenue rose to $2.52 billion from $2.39 billion a year earlier, in the third quarter ended Sept. 30.
Carnival has partnered with two China firms to launch the first multi-ship domestic cruise brand. Carnival's CEO, Arnold Donald discusses his excitement for the joint venture.
China's largest shipbuilder China State Shipbuilding Corp and Carnival Corp will buy and operate cruise ships for the yet to be named cruise line. CSSC and state-owned sovereign wealth fund China Investment Corp will own 60 percent of the venture and Carnival Corp will own the rest, Carnival Corp Chief Operating Officer Alan Buckelew said on a media call.
Arnold Donald, CEO of Carnival Corporation, talks about its new joint venture in China and its plans to launch a domestic Chinese Cruise brand.
LONDON, Oct 20- InterContinental Hotels Group, one of the world's largest hoteliers, said it was confident in its outlook after reporting higher than expected growth in its third quarter, lifting its shares. IHG, which runs over 4,900 hotels under brands such as Crowne Plaza, Holiday Inn and InterContinental, said its European business was its strongest...
Neil Dwane, chief investment officer for equities for Europe at Allianz Global Investors, says the hotel and travel industry has the ability to compete with companies such as Airbnb.
Ivanka Trump, daughter of Republican presidential candidate Donald Trump, speaks at the Skift Global Forum on Thursday about her work as an executive with the Trump Organization.
The technology-oriented Radisson Red Hotels are focused on the Millennial market, says David Berg, CEO of Carlson Hospitality Group.
SARAJEVO, Oct 10- Dubai- based developer Buroj Property Development said on Saturday it plans to invest 4.3 billion euros to build a luxury tourist resort near Sarajevo, in what could be the biggest foreign investment of its kind in the Balkan country. Bosnia, where Muslim Bosniaks are the largest of its three ethnic groups, has seen an influx of tourists from the...
Mass-market gamblers will help to stabilize Macau's gaming and casino sectors as big players double their capacity, says Matthew Ossolinkski, chairman at Ossolinksi Holding.
Victor Chan, chairman of Hong Kong Hotels Association, says the number of mainland tourists and hotel occupancy was down in Hong Kong over Golden Week.
Customer credit and debit card numbers may have been stolen at seven Trump hotels after its payment systems were hacked for nearly a year.
The online money-raising craze is now becoming a trend in the hotel hospitality industry.
Clement Kwok, CEO of The Hongkong & Shanghai Hotels (HSH), outlines the importance of its flagship hotel in Hong Kong and explains whether he is worried about a slower-growing China.
The United States and Cuba restored diplomatic relations in July after decades of hostility. Washington chipped away further at the half-century-old trade embargo this month, allowing certain companies to establish subsidiaries or joint ventures in Cuba as well as open offices, stores and warehouses in Cuba. The United States wants to strike a deal that...
Enrique Sarasola, CEO of Room Mate Hotels, discusses how his sharing service works and why people should use it.
At least 717 pilgrims have died and 805 been injured in the stampede in Mina on the outskirts of Mecca, marking the worst Hajj disaster in 25 years.
EPS of $0.36- $0.40 vs est $0.46. EPS $1.75 vs est $1.63. Sept 22- Carnival Corp, the world's largest cruise ship operator, issued a profit forecast for the current quarter that missed analysts' estimates, overshadowing better-than-expected third quarter results.
Sept 22- Carnival Corp, the world's largest cruise ship operator, reported its third straight fall in quarterly sales on Tuesday as a stronger dollar reduced revenue from ticket sales. The company's net income dropped to $1.22 billion, or $1.56 per share, in the three months ended Aug. 31 from $1.24 billion, or $1.60 per share, a year earlier. Analysts on average had...