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Travel Hotels, Restaurants and Leisure

  • TOKYO, Nov 29- Japan's Nikkei share average dropped on Tuesday morning in sympathy with Wall Street, while a stronger yen hurt sentiment and insurers took a breather from recent gains. "The weak yen trend has paused and Treasury yields are falling, so profit-taking in Japanese stocks is natural," said Nobuhiko Kuramochi, a strategist at Mizuho Securities.

  • SHANGHAI/ HONG KONG, Nov 25- Yum China Holdings Inc is in talks to buy food delivery services firm Daojia.com for up to $200 million, two people familiar with the matter told Reuters, as the biggest operator of fast food on the mainland seeks to boost sales from customers dining at home. Yum China has long-term ambitions to triple its outlets in China to more than...

  • MEXICO CITY, Nov 24- Mexican retail brand manager Grupo Axo and real estate investment trust Fibra Resort have frozen their initial public offerings until 2017 due to uncertainty over what Donald Trump's U.S. election win means for the economy, people familiar with the matter said on Wednesday. Mexico's financial markets have been shaken by the rise of Trump,...

  • This is Thanksgiving done right

    Here's how to prepare Thanksgiving dinner in Singapore, says Jonathan Kinsella, executive chef at db Bistro & Oyster Bar.

  • MEXICO CITY, Nov 23- Mexican retail brand manager Grupo Axo and real estate investment trust Fibra Resort have frozen their initial public offerings until 2017 due to uncertainty over what Donald Trump's U.S. election win means for the economy, people familiar with the matter said on Wednesday. Mexico's financial markets have been shaken by the rise of Trump,...

  • Hong Kong Disneyland is a tourism play: Strategist

    Disneyland's $1.4 billion upgrade in Hong Kong is a tourism booster, says Jonathan Galaviz at Global Market Advisors.

  • *Chinese 2016 nightly stay at Louvre Hotels up 8-10 pct. Roulot, who oversees state-owned Jin Jiang's expansion in Europe, said the close ties with China enjoyed by Louvre Hotels had helped it to weather an overall decline in Chinese visitors to France in 2016 due to security fears. Louvre Hotels, which is the number two for budget hotels in Europe after France's...

  • Trump and the travel business

    CNBC's Susan Li takes a look at Donald Trump's leisure properties around the world.

  • The Genting Group's Lim Kok Thay tells CNBC about the $1.3B luxury cruise liner, the Genting Dream, that he hopes to use to break into the China market.

  • Lehane on Airbnb Trips: Global tourism is bigger than Big Oil

    CNBC's Deirdre Bosa speaks to Chris Lehane, Airbnb head of global policy & communications, about Airbnb's product expansion into travel experiences.

  • Trump fallout@ SAO PAULO/ MEXICO CITY, Nov 10- Mexico's peso sank to near its record low and its stock index tumbled the most in five years on Thursday, the second day of market rout in the Latin American country since Donald Trump's shock victory in the U.S. election. Similar selling pressure hit Brazil, where its currency sunk to a five-month low and its benchmark...

  • Wendy's said its North America same-restaurant sales rose 1.4 percent in the third quarter ended Oct. 2 as new menu items such as the Grilled Chicken Sandwich and the "4 for $4" value meal attracted diners to its restaurants. "Our third-quarter same-restaurant sales for the North America system were driven by strong customer account growth and a slight increase...

  • Wendy's, which benefited from a rise in demand for offerings such as the new Grilled Chicken Sandwich and "4 for $4" meal, said its North America same-restaurant sales rose 1.4 percent in the third quarter ended Oct. 2. The cost of eating at home has fallen 1.1 percent this year while the cost of eating away from home has risen 2.3 percent, according to the U.S. Bureau of...

  • The company's net income rose to $48.89 million, or 19 cents per share, in the third quarter ended Oct. 2, from $7.6 million, or 3 cents per share, a year earlier. Wendy's, which benefited from a rise in demand for offerings such as the new Grilled Chicken Sandwich and "4 for $4" meal, said its North America same-restaurant sales rose 1.4 percent in the quarter.

  • Nov 4- Taco Bell Corp, a unit of Yum Brands Inc, said it would increase the number of restaurants in the United States to 8,000 and create 100,000 jobs by the end of 2022, as part of its push to reach $15 billion in sales. Taco Bell, which operates about 7,000 restaurants in the United States, generated revenue of about $2 billion in 2015.. The Mexican food chain employs...

  • Nov 8- TripAdvisor Inc reported lower-than-expected quarterly revenue as the travel review website operator earned less from referrals to third-party hotel websites. The company's shares were down 13 percent at $54.89 in after-hours trading on Tuesday. The company is trying to aggressively promote the feature by partnering with hotel chains such as...

  • Nov 7- Marriott International Inc reported a 10.2 percent rise in quarterly revenue, as the hotel chain gained from the acquisition of Starwood Hotels and Resorts Worldwide Inc.. However, the company, which operates Marriott, Courtyard and Ritz Carlton brands, said net income fell to $70 million, or 26 cents per share, for the quarter ended Sept. 30 from $210 million,...

  • Marriott Q4 EPS beats, revenues miss

    Earnings are out for Marriott International. CNBC's Susan Li reports.

  • PARIS, Nov 7- AccorHotels is buying a 30 percent stake in Germany's 25 hours Hotels for 35 million euros, stepping up its expansion in the fast-growing market for "boutique" hotels that shun the replicated styles of mass-market brands. 25 hours Hotels, which will continue to be run by chief executive and co-founder Christoph Hoffmann, runs seven boutique hotels in...

  • BOSTON/ LOS ANGELES, Nov 4- Billionaire investor William Ackman and Chipotle Mexican Grill have signed an agreement to engage in confidential discussions, a source familiar with the matter said, in a sign that the activist may be able to force change at the burrito chain without a costly and drawn-out proxy contest. A spokesman for Ackman's firm, Pershing Square...