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Travel Hotels, Restaurants and Leisure

  • Dec 2- McDonald's Corp said on Friday it had sold the franchise rights for its restaurants in Singapore and Malaysia to Saudi Arabia's Lionhorn Pte Ltd as part of a plan to move away from direct ownership in Asia. Lionhorn is led by Sheik Fahd and Abdulrahman Alireza, who are franchisees for nearly 100 McDonald's restaurants in the western and southern regions of...

  • Dec 2- Starbucks Chief Executive Howard Schultz's decision to step down is unlikely to disrupt growth at the world's biggest coffee chain as his successor Kevin Johnson is well suited to take the helm, analysts said. Starbucks Corp said on Thursday that Schultz would step down as CEO on April 3 to focus on new high-end coffee shops, handing the top job to Chief...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges for polluting the seas and deliberate acts to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. Shares of Carnival, the world's largest cruise operator, were down more than 2 percent at $50.29 in midday trading on...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges of polluting the seas and trying to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. Shares of Carnival, the world's largest cruise operator, were down 1.8 percent at $50.50 in late-morning trading on the New...

  • Dec 1- The man behind one of the most recognisable fast-food sandwiches, McDonald's Big Mac, died this week at age 98.. Michael James Delligatti invented the Big Mac- two beef patties on a hamburger bun- which debuted at a McDonald's restaurant in Uniontown, Pennsylvania, in 1967.. McDonald's tweeted a message on Wednesday celebrating Delligatti's contribution...

  • Dec 1- The man behind one of the most recognisable fast-food sandwiches, McDonald's Big Mac, died this week at age 98.. Michael James Delligatti invented the Big Mac- two beef patties on a hamburger bun- which debuted at a McDonald's restaurant in Uniontown, Pennsylvania, in 1967.. McDonald's tweeted a message on Wednesday celebrating Delligatti's contribution...

  • Dec 1- The man behind one of the most recognizable fast-food sandwiches, McDonald's Big Mac, died this week at age 98.. Michael James Delligatti invented the Big Mac- two beef patties on a hamburger bun- which debuted at a McDonald's restaurant in Uniontown, Pennsylvania, in 1967.. McDonald's tweeted a message on Wednesday celebrating Delligatti's contribution...

  • Santa clause sleeping in an airplane seat

    A look at the top 15 domestic and international destinations where many Americans will be headed for the winter holidays this year.

  • LOS ANGELES/ CHICAGO, Nov 29- Scores of demonstrators were arrested on Tuesday as U.S. workers from fast-food chains staged nationwide protests for higher pay, union rights and immigration reform in their first major action since Donald Trump was elected president. McDonald's Corp restaurants in 340 cities were prime rally targets, while baggage handlers,...

  • This is Thanksgiving done right

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

  • 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.

  • 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.

  • Marriott Q4 EPS beats, revenues miss

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

  • EDM Cruise

    The Livescape Group's Muhammad Iqbal talks about the allure of the "It's the Ship" festival for millennials and electronic dance music (EDM) fans.

  • Wynn falls on earnings

    CNBC's Aditi Roy reports details from the earnings conference call of Wynn Resorts, including what CEO Steve Wynn has to say. The "Fast Money" traders weigh in.

  • Wynn Resorts misses on top & bottom lines

    Earnings are out for Wynn Resorts. CNBC's Aditi Roy reports the details. Stephanie Link, TIAA Global Asset Management, and Rob Cox, Reuters Breakingviews, weigh in.

  • Choice Hotels CEO: Won't want to own Trump hotel

    Steve Joyce, Choice Hotels International CEO talks about the company's quarterly beat, competitive pricing and why Donald Trump's political positioning is not good in the hotel business.

  • Trump brand in decline

    CNBC's Robert Frank reports on Donald Trump's personal brand and how it is being affected by his presidential run.