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Travel Hotels, Restaurants and Leisure

  • Feb 9- Yum Brands Inc, the owner of KFC and Taco Bell, reported a lower-than-expected rise in quarterly sales at established restaurants worldwide as fewer diners ate at its Pizza Hut chain. Same-store sales rose 3 percent at KFC and Taco Bell, but this was tempered by a 2 percent decline at Pizza Hut. "KFC and Taco Bell had relatively strong performance in December,...

  • SAN FRANCISCO, Feb 8- Shares of Panera Bread surged to a record high on Wednesday and were on track for the biggest one-day move in almost two years after the company gave an upbeat forecast and said technology investments at its restaurants were paying off. The St. Louis, Missouri- based company late on Tuesday reported quarterly results above Wall Street's...

  • SAN FRANCISCO, Feb 8- Buffalo Wild Wings' shares rose on Wednesday as some investors bet that its dismal quarterly results have strengthened the hand of an activist hedge fund in a proxy fight aimed at turning around the struggling restaurant chain. Lackluster interest in watching professional sports may also be hurting sports bars and restaurants, with...

  • LOS ANGELES, Feb 7- Yum China Holdings Inc, reporting for the first time as a standalone company, on Tuesday said its profit beat expectations for the fourth quarter despite just missing Wall Street's target for sales at established restaurants. Shares in the company, which is China's largest publicly held restaurant operator with 7,562 units, were up 1 percent...

  • Feb 6- Activist hedge fund manager Mick McGuire nominated four directors to serve on the board of Buffalo Wild Wings Inc, officially launching a proxy fight against the U.S. restaurant chain. McGuire, who runs Marcato Capital Management, has publicly agitated for changes at Buffalo Wild Wings since last July, demanding that the company franchise more of its...

  • Feb 6- Activist hedge fund manager Mick McGuire nominated four directors to serve on the board of Buffalo Wild Wings Inc, officially launching a proxy fight against the U.S. restaurant chain. McGuire, who runs Marcato Capital Management, has publicly agitated for changes at Buffalo Wild Wings since last July, demanding that the company franchise more of its...

  • Feb 6- Hedge fund manager Mick McGuire upped the ante in his fight for change at casual restaurant chain Buffalo Wild Wings Inc, nominating himself and three others to its board. This comes two months after McGuire started talks with the company's franchise owners, saying they could have better access to innovations and grow more if his ideas were implemented.

  • Club Med isn't in the business of resorts: CEO

    Xavier Desaulles, CEO at Club Med, talks about how the company creates experiences for holiday goers.

  • Feb 3- InterContinental Hotels Group Plc on Friday confirmed a data breach from payment cards used at 12 of its hotels in the United States, a little over a month after it said it was investigating claims of a possible breach. The affected properties include the InterContinental Chicago Magnificent Mile, the InterContinental San Francisco and Holiday Inn...

  • Feb 3- InterContinental Hotels Group Plc said on Friday that a malware in the servers at 12 of its hotels in the United States tracked payment card data if the card was used at the hotels' restaurants and bars between August and December last year. InterContinental's Kimpton Hotels& Restaurants in August had reported a similar malware attack on servers that...

  • Eat in the world’s first-ever scuba restaurant for $106

    The restaurant, called 'The Pearl', is located at the bottom of one of the deepest indoor pools in the world.

  • *Chinese tourism boom fuels rapid hotels expansion in Australia. SYDNEY, Feb 3- The hole in Australia's economy dug by China's dwindling appetite for its resources is being filled by the Chinese themselves, whose growing affluence is powering a surge in travelers in a boon to tourism income and growth. Tourism has already overtaken coal as Australia's...

  • In recent years, with U.S.- Russia ties increasingly frosty, the fast food chain has pursued a different strategy: go native. "We say it every time: we are a Russian company," Khamzat Khasbulatov, the head of McDonald's Russia, told Reuters. After Washington imposed sanctions on Russia over its role in Ukraine in 2014, Russia's public health watchdog briefly closed...

  • PARIS, Jan 31- The hardline CGT trade union at Air France has called on its members to refuse to work on U.S.-bound flights in protest against the U.S. immigration order that temporarily prevents refugees and travellers from seven Muslim-majority countries from entering the United States. "Staff should let their managers know that they don't want to work on...

  • *France remains most visited country in world. PARIS, Jan 31- French hoteliers on Tuesday urged presidential candidates to focus on tourism, a sector which they said can create jobs and boost economic growth in the next five years. France, which is looking to boost its weak economic growth, depends heavily on tourism, which generates 7.4 percent of national gross...

  • *France remains most visited country in world. PARIS, Jan 31- French hoteliers on Tuesday urged presidential candidates to focus on tourism, a sector which they said can create jobs and boost economic growth in the next five years. France, which is looking to boost its weak economic growth, depends heavily on tourism, which generates 7.4 percent of national gross...

  • *France remains most visited country in world. PARIS, Jan 31- French hoteliers on Tuesday urged presidential candidates to focus on tourism, a sector which they said can create jobs and boost economic growth in the next five years. France, which is looking to boost its weak economic growth, depends heavily on tourism, which generates 7.4 percent of national gross...

  • *France remains most visited country in world. PARIS, Jan 31- French hoteliers on Tuesday urged presidential candidates to focus on tourism, a sector which they said can create jobs and boost economic growth in the next five years. France, which is looking to boost its weak economic growth, depends heavily on tourism, which generates 7.4 percent of national gross...

  • JOHANNESBURG, Jan 31- South African fast-food chain Nando's, best known for its hot and spicy chicken meals, denied on Tuesday speculation it was considering a stock market flotation. Citing unidentified sources, Bloomberg reported on Monday that Nando's was weighing an initial public offering, possibly in London, to raise money for expansion.

  • JOHANNESBURG, Jan 31- South African fast-food chain Nandos, best known for its spicy chicken meals, denied speculation on Tuesday it was considering a stock market flotation. Citing unidentified sources, Bloomberg reported on Monday that Nandos was weighing an initial public offering, possibly in London, to raise money for expansion. "The speculation about a...