Our business is up but not in any robust way, says Arne Sorenson, Marriott CEO, sharing his outlook on the U.S. economy. Also Sorenson discusses how security issues and North Carolina's "bathroom law" are impacting his business.
You get a better deal if you book direct, says Arne Sorenson, Marriott CEO, weighing in on the benefits and drawbacks of internet booking websites.
Arne Sorenson, Marriott CEO says the new Marriott now provides loyalty customers with bigger options although there will be competition among some hotels.
Marriott International closed its $13-billion acquisition of Starwood to become the world's largest hotel chain.
In total, 30 brands will fall under the Marriott umbrella to create the world's largest hotel chain with more than 1.1 million rooms.
A new Worldpay survey sheds light on how travelers from different countries plan their trips.
NEW YORK, Sept 21- Jeffrey Gundlach, chief executive of DoubleLine Capital, said on CNBC television onWednesday that he has been selectively shorting shares in some restaurants, airlines and retailers. He said economic growth has been sub-par and that will continue to be reflected in certain names in the Standard& Poor's 500 Index. Gundlach, who oversees more...
NEW YORK, Sept 21- Jeffrey Gundlach, chief executive of DoubleLine Capital, said on CNBC television Wednesday that he has been selectively shorting shares in some restaurants, airlines and retailers.
Kayak CEO Steve Hafner says new technologies are starting to change how travelers plan and book their trips, he explains to CNBC's "On the Money."
McDonald's has received final bids from at least three groups for its China and Hong Kong outlets.
HONG KONG, Sept 15- Fast-food giant McDonald's Corp has received final bids from at least three groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital separately teaming up with Chinese partners for the business worth up to $3 billion, sources told Reuters. Carlyle has joined with Chinese state conglomerate...
The newest addition to the Cotai Strip will boost tourist arrivals but it's unlikely to improve gaming revenues, warns Global Market Advisors' Jonathan Galaviz.
Fitch Ratings' Alex Bumazhny suggests that the casino sector is driven by macro conditions in China picking up rather than increases in capacity.
Grant Govertsen, MD of Union Gaming, thinks there's potential for the French-themed resort in Macau to do well with the mass market.
Sands' latest gamble in Macau, the Parisian, opens its doors to visitors today, offering more than just gaming.
CHICAGO, Sept 8- Chipotle Mexican Grill has agreed to financial settlements with more than 100 customers who fell ill after eating at its restaurants last year, lawyers for the consumers said, as it attempts to move on from a string of food-safety problems. On Tuesday, activist investor William Ackman disclosed that his hedge fund had purchased a 9.9 percent...
Faeez Fadhlillah, CEO of Tripfez, talks about how his business integrates Salam Standard benchmarks to ensure that Muslim travelers' needs are met.
This year's vitriolic presidential election may be affecting Donald Trump's hotel business, the Boston Globe reported.
Sept 7- Flight bookings to Miami for the Thanksgiving holiday in November dropped after the Zika virus was detected in the Wynwood area in the popular tourist destination, travel data analysis company ForwardKeys said. Flight bookings were down 10 percent as of Aug. 27, after being up 11 percent as of Aug. 19, the day Florida confirmed that the mosquito-borne Zika...
Starbucks Corp, the world's largest coffee chain, said it would serve its first stevia-based, zero-calorie sweetener at select cafes.