Travel Hotels, Restaurants and Leisure

  • NEW YORK— Shares of Sonic tumbled Wednesday after the fast food chain issued profit expectations for its soon-to-be released fourth quarter report that were short of Wall Street projections. Wall Street analysts had been looking for per-share earns closer to 47 cents, according to FactSet. That also may have left Wall Street deflated, with the consensus...

  • Tourism Day

    Various tourist destinations have different patterns of recovery from terrorist attacks, explains Sojern's Stephen Taylor.

  • Supporters of Pegida hold flags during a demonstration at Konigsufer Square in Dresden, Germany on February 6, 2016.

    A rise in right-wing extremism is posing a serious threat to the economy in East Germany, according to a government report.

  • NEW YORK, Sept 23- Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday. According to Schneiderman, bank analyses of hundreds of fraudulent credit card...

  • ALBANY, N.Y.— The Trump Hotel Collection company has agreed to pay $50,000 and shore up data security after breaches exposed more than 70,000 credit card numbers and other personal data, the state's attorney general said on Friday in announcing a settlement. In May 2015, multiple banks analyzed hundreds of fraudulent credit card transactions and determined...

  • The fast-food chain says it will begin testing breakfast Happy Meals in Tulsa, Oklahoma on Sept. 26. McDonald's Corp., based in Oak Brook, Illinois, has been trying to win back customers since CEO Steve Easterbrook took over last year and said he wanted to transform it into a "modern, progressive" burger company. McDonald's is known for getting more business from...

  • Arne Sorenson

    Marriott International chief Arne Sorenson tells CNBC how his company will distinguish 30 hotel brands after its Starwood purchase.

  • Marriott CEO: See 'anemic' economic growth

    Our business is up but not in any robust way, says Arne Sorenson, Marriott CEO, sharing his outlook on the U.S. economy. Also Sorenson discusses how security issues and North Carolina's "bathroom law" are impacting his business.

  • Marriott CEO: Book direct and get a discount

    You get a better deal if you book direct, says Arne Sorenson, Marriott CEO, weighing in on the benefits and drawbacks of internet booking websites.

  • Marriott closes Starwood deal: CEO

    Arne Sorenson, Marriott CEO says the new Marriott now provides loyalty customers with bigger options although there will be competition among some hotels.

  • THE COLONY, Texas _ Rave Restaurant Group Inc. on Friday reported a loss of $2.3 million in its fiscal fourth quarter. The The Colony, Texas- based company said it had a loss of 21 cents per share. For the year, the company reported that its loss widened to $8.9 million, or 83 cents per share.

  • Marriott completes Starwood acquisition

    Marriott International closed its $13-billion acquisition of Starwood to become the world's largest hotel chain.

  • Palm trees stand in front of the Marina Del Rey Marriott hotel in Marina Del Rey, California, U.S., on Monday, March 21, 2016.

    In total, 30 brands will fall under the Marriott umbrella to create the world's largest hotel chain with more than 1.1 million rooms.

  • Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels& Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood's Sheraton, Westin, W and St. Marriott now eclipses Hilton Worldwide's 773,000 rooms and the 766,000 that are part of the Intercontinental Hotels Group family,...

  • Mom taking a selfie before a flight

    A new Worldpay survey sheds light on how travelers from different countries plan their trips.

  • NEW YORK, Sept 21- Jeffrey Gundlach, chief executive of DoubleLine Capital, said on CNBC television onWednesday that he has been selectively shorting shares in some restaurants, airlines and retailers. He said economic growth has been sub-par and that will continue to be reflected in certain names in the Standard& Poor's 500 Index. Gundlach, who oversees more...

  • NEW YORK, Sept 21- Jeffrey Gundlach, chief executive of DoubleLine Capital, said on CNBC television Wednesday that he has been selectively shorting shares in some restaurants, airlines and retailers.

  • ATLANTIC CITY, N.J.— The Latest on the planned reopening of Atlantic City's former Revel casino.:. A New Jersey redevelopment agency has moved Atlantic City's former Revel casino closer to reopening two years after it shut down. The agency dropped its insistence that owner Glenn Straub pay $100,000 in assessments for a special business district before the...

  • ATLANTIC CITY, N.J.— In terms of success, Atlantic City's former Revel casino was a zero. But new owner Glenn Straub hopes to swing the pendulum all the way in the other direction by renaming the casino resort Ten and reopening it in the first quarter of 2017.. Straub, a Florida developer, also adopted the double-loop infinity symbol as the logo for the rebranded...

  • NEW YORK— Carnival Corp. is launching three TV programs about travel, vacations and cruising that will air on ABC, NBC and The CW networks beginning Oct. 1. Carnival Corp. owns more than 100 ships across 10 different cruise line brands, including Holland America, Princess, Fathom and Cunard in addition to Carnival Cruise Line. The shows will feature ships from all of...