×

Travel Hotels, Restaurants and Leisure

  • PITTSBURGH— King's Family Restaurants has closed five of its western Pennsylvania restaurants. The Pittsburgh- area chain was founded in 1967, but was sold two years ago to Kelly Capital, a San Diego, California private equity firm. The chain announced Sunday night that its restaurants in Altoona, Bridgeville, Harmar Township, Imperial and Wexford were closing.

  • One of two listed casino operators in South Africa, Sun International has been hit by sluggish economic growth in its home market. It is scheduled to open its second-largest casino and entertainment complex there, the 4.2 billion rand Time Square project in Pretoria, next month. The owner of Sun City resort and the Sibaya Casino in South Africa said the slowing...

  • 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. It's in the Trump boys' DNA, "said Trump Hotels CEO Eric Danziger. Instead, their company, the Trump Organization, plans to get local real estate developers and their investors to foot the bill, as do...

  • Marriott looks to Asia

    Craig Smith, MD of Marriott International, says Chinese tourists remain the top source market for the hospitality chain in Bali and Phuket.

  • SALT LAKE CITY— Utah's governor announced Thursday that he will sign legislation giving the predominantly Mormon state the strictest DUI threshold in the country, a change that restaurant groups and representatives of the ski and snowboard industry say will hurt tourism. The American Beverage Institute, a national restaurant group, took out full-page...

  • 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.