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Travel Hotels, Restaurants and Leisure

  • franchising@ Oct 11- Yum Brands Inc, owner of Pizza Hut, KFC and Taco Bell chains, said on Tuesday it expects to return as much as $13.5 billion to shareholders by 2019 as part of a program started last year, sending shares up as much as 3.8 percent. Yum said it will increase franchise restaurant ownership to 93 percent from the current 77 percent when its China business...

  • Oct 11- Restaurant operator Buffalo Wild Wings Inc named three independent directors to its board, ignoring activist hedge fund Marcato Capital Management's offer of a nominee. The company said on Tuesday it appointed Andre Fernandez, Hal Lawton and Harmit Singh, expanding its board to nine from eight directors. Buffalo Wild Wings needed "the introduction of...

  • HELSINKI, Oct 11- Finland's Meyer Turku shipyard said on Tuesday it had won an order for two new cruise ships from Royal Caribbean, a shot in the arm for the country's struggling economy. Royal Caribbean said the vessels were due to be delivered in 2022 and 2024. The yard competes in cruise vessels with STX Corp's shipyard in France, another Meyer yard in Germany and...

  • Entrance of the Hilton Hotel opposite the Dalian International Conference Center.

    The tourism and leisure business can get volatile, but Hilton Worldwide's CEO thinks the legacy hotel chain has the right strategy.

  • Size matters but success in the hotel business requires quality as well, says Hilton Worldwide's Christopher Nassetta.

  • Hilton Worldwide CEO Christopher Nassetta talks about old and new competitors, including the merged Marriott-Starwood group and disruptor Airbnb.

  • Airbnb Asia

    The Asia region is also embracing the idea of home-sharing like the rest of the world, says Airbnb's Chip Conley.

  • Airbnb

    Hotels and home-sharing platform Airbnb can co-exist because they provide different options, says Chip Conley, head of global hospitality and strategy at Airbnb.

  • Oct 5- Yum Brands Inc on Wednesday posted an unexpected decline in quarterly sales at established China restaurants, citing protests sparked by an international court's rejection of the country's claim to historic rights in the South China Sea. The owner of the KFC, Pizza Hut and Taco Bell brands said sales at Yum China restaurants open at least one year fell 1...

  • Oct 5- Yum Brands Inc on Wednesday posted an unexpected decline in quarterly sales at established China restaurants, citing protests sparked by an international court's rejection of the country's claim to historic rights in the South China Sea. In July, an international tribunal in The Hague ruled in favor of the Philippines in a landmark case, finding that...

  • The owner of the KFC, Pizza Hut and Taco Bell brands said sales at Yum China restaurants open at least one year fell 1 percent during the fiscal third quarter. Yum, the biggest Western restaurant operator in China, said an international court ruling on claims regarding the South China Sea triggered a series of regional protests against a few multinational...

  • HONG KONG/ SINGAPORE, Oct 5- McDonald's Corp is set to agree a deal to sell 20- year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia's Reza group for up to $400 million, as part of a re-jig of its Asian business, people familiar with the matter said. In July, McDonald's had said it was seeking franchise partners for its restaurants in Singapore...

  • HONG KONG/ SINGAPORE, Oct 5- McDonald's Corp is nearing a deal to sell 20- year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia's Reza group, in a transaction estimated at up to $400 million, people familiar with the matter said. Reza Food Services Co. Ltd, which owns and operates McDonald's restaurants in the western and southern region of...

  • LOS ANGELES/ SAN FRANCISCO, Oct 5- Clamshell grills are making burger flipping obsolete at McDonald's, Johnny Rockets and other burger chains. And at Silicon Valley start-up Zume, robots are being programmed to take over pizza assembly. In spite of improvements in technology, minimum wage hikes between 2000 and 2008 caused little immediate displacement of...

  • San Francisco restaurant takes startup approach

    San Francisco restaurants are now facing stiff competition against tech companies with on-campus dining options. CNBC's Aditi Roy reports why.

  • Shinola to build boutique hotel in downtown Detroit

    Tom Lewand, Shinola CEO, discusses how he is contributing to the revitalization of downtown Detroit.

  • Golden Week is fueling the travel bug in China

    Marriott International Asia Pacific's Craig Smith talks about the Golden Week holidays, tourism in China and Marriott's Starwood acquisition.

  • Hard Rock Cafe's newly renovated interiors on Cuscaden Road, Singapore

    Rock and roll was synonymous with the Hard Rock Cafe, but the 45-year-old venue is now expanding its musical taste.

  • Zika's travel impact

    How much has Zika been impacting the travel business? CNBC's Susan Li reports. The "Fast Money" traders share their take on travel stocks.

  • Republican presidential nominee Donald Trump looks on during the Presidential Debate at Hofstra University on September 26, 2016 in Hempstead, New York.

    Republican candidate Trump's company conducted business in Cuba in the late 1990s, violating the trade embargo, Newsweek will report on Friday.