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Travel Hotels, Restaurants and Leisure

  • LONDON/ NEW YORK, March 23- Fast food chain Pret a Manger's private equity owners have chosen Solebury Capital to advise on a planned New York stock market listing, people close to the situation said. Launched more than three decades ago, Pret A Manger has around 400 branches globally, serving fast food made onsite to more than 300,000 customers in Britain, the...

  • SEOUL/ HONG KONG, March 23- Major fast-food chains in South Korea and Hong Kong have pulled chicken, beef and pork off their menus as they scramble to reassure customers about food safety as Brazil's meat scandal crisis intensifies. China and Hong Kong are the top two importers of Brazilian meats, last year buying nearly one-third of the $14 billion worth of meat...

  • Vigilance necessary but do not overreact to terror threat: Richard Branson

    Virgin founder Richard Branson discusses Wednesday's suspected terror attack in Westminster and the necessary security measures to keep people safe.

  • Each Virgin company works closely with governments on security: Richard Branson

    Virgin founder Richard Branson discusses how security threats are affecting his business and the wider leisure industry.

  • LONDON— Mohammed-Faizul Haque makes it all look so easy. After the demonstration, he sends a plate of Balti kuchi chili chicken upstairs to the dining room at the Taste of India in London. Curry restaurant owners, who as an industry backed the campaign to leave the European Union after assurances it would lead to more visas for South Asian cooks, feel betrayed.

  • March 21- Andrew Puzder, who withdrew as nominee for U.S. Labor Secretary in the new Trump administration, is stepping down as chief executive of CKE Restaurants Holdings Inc in April, the parent of the Carl's Jr and Hardee's restaurant chains said on Tuesday. Puzder pulled his name from consideration for labor secretary in February, amid concerns that he could...

  • March 21- Andrew Puzder, who withdrew as nominee for U.S. Labor Secretary in the new Trump administration, is stepping down as chief executive of CKE Restaurants Holdings Inc in April, the parent of the Carl's Jr and Hardee's restaurant chains said on Tuesday. Puzder will be succeeded by Jason Marker, who most recently was president of Yum Brands Inc's KFC chain.

  • NEW YORK— The parent company of the Carl's Jr. and Hardee's chains on Tuesday named a new CEO to replace Andy Puzder, who last month withdrew his nomination to be Labor Secretary under President Donald Trump. CKE Restaurants Holdings Inc. says Puzder will be replaced in April by Jason Marker, who most recently was president of Yum Brands Inc.' s Kentucky Fried...

  • NEW YORK— You might have expected the Trump Organization to tap the brakes on expansion plans given all the criticism over potential conflicts of interest while its owner sits in the Oval Office. The hotels will feature modern, sleek interiors and communal areas, and offer rooms at $200 to $300 a night, about half what it costs at some hotels in Trump's luxury chain.

  • Construction on the Marriott Renaissance hotel in Plano, Texas last week.

    This is the first Texan hotel boom in about a decade, New York Times reports.

  • Regis luxury hotel brands said it would earn $675 million in stabilized fees from hotel rooms added to its system. Earlier this month, Marriott said it would speed up expansion of its Starwood brand in Europe by 2020.. Marriott bought Starwood for about $12.41 billion in September, adding names such as Sheraton, W and Aloft to create the world's largest hotel...

  • Marriot CEO: Tax reform winners and losers

    Arne Sorenson, Marriott International CEO, discusses tax reform and the benefits of bringing money back into the U.S. Also Sorenson weighs in on whether immigration concerns are impacting the hotel business.

  • Marriot CEO: We'll open one hotel every 14 hours in the next 3 years

    Arne Sorenson, Marriott International CEO, talks about the hotel's three-year growth strategy as optimism in the travel industry grows.

  • Why Ascendas isn't worried about Airbnb

    Tan Juay Hiang, CEO of Ascendas Hospitality Trust, says the company targets business hotels and travelers rather than the leisure space Airbnb operates in.

  • HK & Shanghai Hotels is cautiously optimistic for 2017

    Clement Kwok, CEO of HSH, addresses the dip in profits amid a difficult operating environment in Hong Kong.

  • Tourists take pictures in Times Square on December 11, 2013 in New York City.

    The U.S. business and leisure travel sector continued to perform well in 2016, however the WTTC suggests inbound travel looks less certain going forward.

  • LOS ANGELES, March 17- McDonald's Corp investors will vote soon on whether to give the franchisees who operate most of the fast-food chain's restaurants the opportunity to elect a board member, the proponent of a shareholder proposal said on Friday. "We think franchisees should be in the room when the company's most important decisions about operating and...

  • Another robot-staffed hotel opens in Japan

    Dinosaur receptionists were on standby as a second hotel staffed mostly by robots opened in Tokyo this week.

  • CHICAGO, March 15- McDonald's Corp has begun testing its long-awaited U.S. mobile ordering app, with the goal of avoiding the kinds of service hiccups that have haunted digital debuts by companies such as Starbucks Corp. Digital ordering has been challenging for many restaurant chains and their customers. "We can't impact the speed or the quality of our food," Jim...

  • CHICAGO, March 14- McDonald's Corp this month will begin testing its long-awaited U.S. mobile ordering app with the goal of avoiding the kinds of service hiccups that have haunted digital debuts by companies such as Starbucks Corp. Digital ordering has been challenging for many restaurant chains and their customers. "We can't impact the speed or the quality of...