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  • HAVANA— Cuba is a land of architectural splendors, stunning scenery, warm, welcoming people and some of the world's worst hotels. So when American hotel giant Starwood announced a deal to manage the Fifth Avenue Hotel run by the Cuban military in the upscale Miramar section of Havana, I was intrigued. With patron Venezuela collapsing, Cuba needs tourists' money.

  • BIZLY, smartphone application

    A new start-up is helping businesses have quicker, easier access to swanky meeting venues.

  • New era of travel: CEO

    Sebastien Bazin, AccorHotels CEO, discusses how terrorism is changing the way people travel, the tourism industry, and the impact of Brexit on bookings.

  • SCOTTSDALE, Ariz. _ Kona Grill Inc. on Wednesday reported a loss of $835,000 in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Kona Grill shares have fallen 33 percent since the beginning of the year.

  • *Brexit, other events could hurt demand in Europe: Hilton. July 27- Hilton Worldwide Holdings Inc and smaller rival Marriott International Inc lowered their full-year forecasts for a key revenue metric, underscoring the impact of political and economic uncertainties in markets outside the United States. Hotel operators and airlines around the world have...

  • TRENTON, N.J.— Homeowners in New Jersey who offer short-term rentals through online sites such as Airbnb would have to pay the same taxes and fees as hotels and motels under a bill that's being introduced in the Assembly. Democratic Assemblywomen Annette Quijano of Union County and Valerie Vainieri Huttle of Bergen County say they want to level the playing...

  • Net income attributable to shareholders rose to $239 million, or 24 cents per share, in the quarter ended June 30 from $161 million, or 16 cents per share, a year earlier. Excluding items, the company earned 25 cents per share, 1 cent below the average analyst estimate, according to Thomson Reuters I/B/E/S. Revenue rose 4.4 percent to $3.05 billion, missing analysts'...

  • Hilton, the world's largest hotel operator by market value, gets more than three quarters of its revenue from the United States. Net income attributable to shareholders rose to $239 million, or 24 cents per share, in the quarter ended June 30 from $161 million, or 16 cents per share, a year earlier. Analysts on average had expected earnings of 26 cents per share on...

  • PARIS, July 27- AccorHotels said on Wednesday it had entered exclusive talks to buy concierge service provider John Paul, further beefing up its response to the challenges of Airbnb. Under the terms of the deal, AccorHotels- the world's fifth-largest hotel group- will acquire 80 percent of John Paul for about $150 million in equity and debt, with the company's...

  • The forecast and weak quarterly sales at domestic McDonald's restaurants sent shares in the world's biggest restaurant company down 4.5 percent to $121.71 and pulled down most of the restaurant sector. The Dow Jones U.S. Restaurants& Bars Index was off 2.2 percent. The world's biggest fast-food chain gets roughly one-third of its revenue and 40 percent of...

  • HUNTINGTON BEACH, Calif. _ BJ's Restaurants Inc. on Tuesday reported second-quarter earnings of $13.8 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. BJ's Restaurants shares have decreased roughly 2 percent since the beginning of the year.

  • The Dow Jones U.S. Restaurants& Bars Index was off 2 percent. The world's biggest fast-food chain gets roughly one-third of its revenue and 40 percent of profits from the United States. Bernstein analyst Sara Senatore said restaurant companies, which are grappling with profit-squeezing minimum wage increases, use more labor than grocery stores and have the...

  • WASHINGTON— Hundreds of cafeteria workers who help feed senators and others in the Capitol and nearby office buildings will get back pay totaling more than $1 million because their private employers illegally underpaid them, the Labor Department said Tuesday. The department's Wage and Hour Division said it is reviewing whether the two federal contractors—...

  • The Dow Jones U.S. Restaurants& Bars Index was off 2 percent. The world's biggest fast-food chain gets roughly one-third of its revenue and 40 percent of profits from the United States. Bernstein analyst Sara Senatore said restaurant companies, which are grappling with profit-squeezing minimum wage increases, use more labor than grocery stores and have the...

  • July 26- McDonald's Corp posted lower-than-expected second-quarter U.S. sales at established restaurants, the latest in a string of disappointing reports from chains such as Dunkin' Donuts, Starbucks and Wendy's. Shares tumbled 4.1 percent to $122.21 in McDonald's, the world's biggest fast-food chain, which gets roughly one-third of its revenue and 40...

  • Republican presidential candidate Donald Trump address an audience at the The Hotel Roanoke & Conference Center on July 25, 2016 in Roanoke, Virginia.

    Donald Trump is complaining about hot air at a Virginia hotel, and the hotel is pushing back.

  • July 26- McDonald's Corp reported much lower-than-expected quarterly sales growth at established restaurants in the United States and the fast-food chain said it faced "a challenging environment in several key markets." The company's shares fell as much as 3.7 percent to $122.63 in early trading on Tuesday. "There is no doubt that in the United States the...

  • July 26- McDonald's Corp reported much lower-than-expected quarterly sales growth at established restaurants in the United States and the burger chain said it faced "a challenging environment in several key markets." The company's net income fell 9.1 percent to $1.09 billion, or $1.25 per share, in the quarter ended June 30. Excluding some items, McDonald's...

  • NEW YORK— McDonald's is again looking for ways to win back customers, less than a year after launching a widely touted all-day breakfast menu that makes Egg McMuffins available around the clock. During the company's earnings call Tuesday, CEO Steve Easterbrook, who is fighting to reverse three years of declining customer visits to U.S. outlets, promised "even...

  • STAMFORD, Conn.— Starwood Hotels& Resorts Worldwide Inc. on Tuesday reported a second-quarter loss of $263 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. For the current quarter ending in October, Starwood Hotels expects its...