×

Travel Hotels, Restaurants and Leisure

  • "32,000 properties use Sabre's reservation system, so the attackers were able to penetrate a single system and potentially access 32,000 additional targets," said Jeff Hill, Director of Product Management, Prevalent, which manages third-party risk. InterContinental Hotels Group Plc said last month 1,200 of its franchised hotels in the United States,...

  • May 3- Saber Corp said on Tuesday there had been a breach in its hospitality unit's hotel reservation system and had hired FireEye Inc's Mandiant forensics division to probe the incident. InterContinental Hotels Group Plc said last month 1,200 of its franchised hotels in the United States, including Holiday Inn and Crowne Plaza, were victims of a three-month...

  • May 3- Yum Brands Inc posted a better-than-expected quarterly profit, helped by lower taxes, vigorous sales of Taco Bell's Naked Chicken Chalupas and lower costs at KFC restaurants. Sales rose 8 percent at Taco Bell restaurants open for more than a year, topping the 3.7 percent growth expected by analysts polled by research firm Consensus Metrix.

  • Pizza Hut continued to struggle, reporting a 3 percent drop in same-store sales, its third straight quarterly decline, even as rival Domino's Pizza Inc last week reported domestic growth of 10.2 percent. Yum and Pizza Hut franchisees this month struck a deal that includes corporate marketing and technology investments. Yum Brands' income from continuing...

  • Customers use digital menu screens to order food at a McDonald's Corp restaurant.

    Goldman Sachs upgrades McDonald's to buy from neutral because mobile and kiosk digital ordering will improve sales.

  • Beer and twisted Freezes are sold along with Mexican-inspired food at a Taco Bell Cantina restaurant on September 22, 2015 in Chicago, Illinois.

    Yum Brands reported a better-than-expected quarterly profit due to strong global same-store sales growth.

  • May 3- Yum Brands Inc reported a better-than-expected quarterly profit due to strong global same-store sales growth, driven by robust demand at its Taco Bell restaurants and lower costs at its KFC chain. Sales rose 8 percent at Taco Bell restaurants open for more than a year, topping the 3.7 percent growth expected by analysts polled by research firm Consensus...

  • The iconic Emirates Towers dominate the skyline beside the wide boulevard of Sheikh Zayed Road on December 3, 2007 in Dubai, United Arab Emirates.

    President Trump’s travel ban and the “drastic changes” his administration has introduced has hurt business at H’Mark Hospitality, says its CEO.

  • Moving away from cookie-cutterism: H’Mark Hospitality CEO

    H’Mark Hospitality CEO Alexander P. Bohnekamp talks about its strategy and the experience the hotelier wants to convey to its customers.

  • Cramer Remix: Why you shouldn’t base your investments off Trump’s erratic behavior

    Jim Cramer provided his investing strategies during times of uncertainty created by President Donald Trump.

  • Jim Cramer

    Jim Cramer provided his investing strategies during times of uncertainty created by President Donald Trump.

  • LOS ANGELES, May 2- The Service Employees International Union, backer of a five-year campaign to improve pay and job conditions for fast-food workers, on Tuesday asked Illinois and California officials to investigate how McDonald's Corp calculates restaurant rents, which generate about one-fourth of its revenue. "McDonald's sky-high rents leave...

  • LOS ANGELES, May 2- The Service Employees International Union, backer of a five-year campaign to improve pay and job conditions for fast-food workers, on Tuesday asked Illinois and California officials to investigate how McDonald's Corp calculates restaurant rents, which generate about one-fourth of its revenue. "McDonald's sky-high rents leave...

  • *Q1 adj. profit 38 cents/ shr vs est 28 cents. Hilton, like its hotel industry peers, is expected to benefit from an uptick in corporate demand, as companies spend more based on improved business sentiment following Donald Trump's election as president in November. Hilton, the owner of the Conrad and Double Tree hotel chains, said it now expects 2017 earnings of $1.73-...

  • Hilton, which owns the Conrad and Double Tree hotels, said it now expects 2017 earnings of $1.73- $1.81 per share, up from a prior forecast of $1.65- $1.75 per share. Net income attributable to Hilton stockholders was $74 million, or 22 cents per share, in the quarter. The company's net income in the year-ago quarter was $309 million, or 94 cents per share, reflecting $119...

  • Dunkin Donuts

    RBC Capital believes Dunkin' Brands will increase sales by focusing more on its core coffee products.

  • April 27- Domino's Pizza Inc reported better-than-expected quarterly revenue and profit, helped by higher demand in the United States and more revenue from franchisees. Same-store sales at company-owned outlets in the United States, Domino's biggest source of store revenue, jumped 14.1 percent in the first quarter, above the 12 percent rise expected by...

  • April 27- Domino's Pizza Inc's reported a 37.4 percent rise in quarterly profit, helped by higher demand in the United States and more revenue from franchisees. Same-store sales at company-owned outlets in the United States, Domino's biggest source of store revenue, jumped 14.1 percent in the first quarter, above the 12 percent rise expected by analysts polled...

  • *Tim Hortons, Burger King comp sales dip 0.1 pct. April 26- Restaurant Brands International Inc, reported an unexpected drop in quarterly comparable-store sales at both coffee and doughnut chain Tim Hortons and fast-food chain Burger King, sending the company's shares down nearly 8 percent. Restaurant Brands bought Popeyes Louisiana Kitchen for $1.8 billion...

  • Restaurant Brands, the owner of Burger King and Tim Hortons, reported an 8.9 percent rise in quarterly revenue as it opened more restaurants.