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  • Lo: Cordis aims to deliver genuine hospitality Thursday, 6 Aug 2015 | 8:31 PM ET
    Lo: Cordis will aim to deliver genuine hospitality

    Lo Ka Shui, chairman of Langham Hospitality Investments, discusses the company's introduction of a new upscale five-star global hotel brand called Cordis.

  • LOS ANGELES, Aug 6- McDonald's Corp said on Thursday it laid off in July 135 employees at its U.S. headquarters and 90 corporate employees posted overseas as part of a major restructuring at the fast-food chain, which has been fighting to reverse a long sales slump. McDonald's Chief Executive Steve Easterbrook in May announced plans cut $300 million in costs by...

  • Hotel industry urges gov't to reject Expedia-Orbitz deal

    The hotel industry is going public in its efforts to block Expedia's $1.3 billion acquisition of Orbitz. CNBC's Simon Hobbs reports.

  • *Wendy's adj profit $0.08/ shr vs est. Aug 5- U.S. burger chain Wendy's Co reported quarterly same-restaurant sales above analysts' estimates as a move to revamp restaurants and add new menu items helped attract customers. The rise in Wendy's same-restaurant sales was in sharp contrast to a 0.7 percent drop at McDonald's Corp, the world's biggest fast-food chain.

  • Aug 5- U.S. burger chain Wendy's Co reported a lower-than-expected quarterly profit as the company franchised more of its outlets and faced fierce competition from fast-casual dining chains such as Chipotle Mexican Grill Inc. Net income rose to $40.2 million, or 11 cents per share, from $29 million, or 8 cents per share, a year earlier. Excluding items, it earned 8...

  • Aug 5- U.S. burger chain Wendy's Co reported a fall in sales for the seventh straight quarter, hurt by store closures and fierce competition from fast-casual dining chains such as Chipotle Mexican Grill Inc.. Wendy's revenue fell 3.3 percent to $489.5 million in the second quarter ended June 28. Net income increased to $40.2 million, or 11 cents per share, from $29...

  • LOS ANGELES, Aug 4- Call it the rise of the "Breakfastarians"- the dining tribe that craves breakfast food morning, noon and night. It has prompted companies from fast-food leader McDonald's Corp to North Carolina- based buffet chain Golden Corral to experiment with all-day breakfast. They are joining chains like Denny's Corp, IHOP, Jack in the Box and Sonic Corp,...

  • Aug 4- Hyatt Hotels Corp reported a lower-than-expected quarterly profit, hurt by lower revenue from its owned and leased hotels and a loss from its hospitality ventures, sending its shares down more than 3 percent in early trading. "We expect operating performance at our hotels in the United States to remain strong from continued economic growth and strong...

  • Choice CEO: Cuba's going to be huge but has issues Tuesday, 4 Aug 2015 | 6:42 AM ET
    Choice CEO: Cuba's going to be huge but has issues

    Steve Joyce, Choice Hotels president & CEO, talks about the hotel chain's earnings, expansion plans, re-branding, and desire to do business in Cuba.

  • How Cecil the lion's killing could cost Zimbabwe Monday, 3 Aug 2015 | 3:12 PM ET
    Rachel Augusta leads the protest of the killing of Cecil the lion in the parking lot of hunter Dr. Walter Palmer's River Bluff Dental Clinic on July 29, 2015 in Bloomington, Minnesota.

    Trophy hunting brings in serious revenue, but after Cecil the lion was killed a change in policy could cost Zimbabwe.

  • July 31- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, raised its full-year profit forecast, citing better-than-expected performance in the Caribbean and China and lower fuel costs. Royal Caribbean, which had cut its full-year forecast in April, on Friday said cruise bookings for the third and fourth quarters were...

  • Royal Caribbean's profit rises 34 percent Friday, 31 Jul 2015 | 8:14 AM ET

    July 31- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 34 percent rise in quarterly profit as passengers spent more onboard and demand rose for its Caribbean cruises. Net income rose to $185 million, or 84 cents per share, in the second quarter ended June 30, from $137.7 million, or 62 cents per share, a year earlier.

  • July 30- Starwood Hotels& Resorts Worldwide Inc has reached out to potential bidders, including InterContinental Hotels Group Plc and Wyndham Worldwide Corp, after deciding to explore a sale, according to people familiar with the matter. Starwood and Wyndham declined to comment. Starwood's advisors began enquiries with potential suitors for the Stamford,...

  • July 30- Starwood Hotels& Resorts Worldwide Inc has reached out to potential bidders including InterContinental Hotels Group Plc and Wyndham Worldwide Corp after it decided to explore a sale, according to people familiar with the matter. Intercontinental and Wyndham declined to comment. A tie-up between Intercontinental and Starwood could take the form of...

  • July 30- Starwood Hotels& Resorts Worldwide Inc, the owner of the Sheraton and Westin hotel chains, reported an 11 percent fall in quarterly profit, hurt by a charge and the strong dollar, and trimmed its 2015 profit forecast. In contrast, Marriott International Inc and Hilton Worldwide Holdings Inc, which get most of their revenue from the United States, have raised...

  • Starwood Hotels quarterly profit falls 11 pct Thursday, 30 Jul 2015 | 7:17 AM ET

    July 30- Hotel operator Starwood Hotels& Resorts Worldwide Inc reported an 11 percent fall in quarterly profit, hurt by a stronger dollar. Net profit attributable to Starwood fell to $136 million, or 79 cents per share, in the second quarter ended June 30 from $153 million, or 80 cents per share, a year earlier. Excluding items, the company earned 84 cents per share.

  • Whole Foods plunges 10% after results disappoint Wednesday, 29 Jul 2015 | 4:52 PM ET
    A Whole Foods Market in Oklahoma City, Oklahoma.

    Whole Foods reported quarterly earnings and revenue that missed analysts' expectations on Wednesday.

  • July 29- Hilton Worldwide Holdings, the owner of Waldorf Astoria and Conrad hotel chains, raised its full-year profit forecast as improvement in the U.S. economy boosts occupancy and room rates. Hilton, which gets about three-quarters of its revenue from the United States, raised its profit forecast for 2015 to 80- 84 cents per share from 79- 83 cents.

  • Hotel chain operator Hilton's revenue rises 9.6 pct Wednesday, 29 Jul 2015 | 6:17 AM ET

    July 29- Hotel chain operator Hilton Worldwide Holdings Inc reported a 9.6 pct rise in quarterly revenue, helped by higher room rates and occupancy. However, net income attributable to the company's shareholders fell to $161 million, or 16 cents per share, in the quarter ended June 30 from $209 million, or 21 cents per share, a year earlier. Revenue rose to $2.92...

  • Hot luxury hotel trends Tuesday, 28 Jul 2015 | 7:32 AM ET
    Hot luxury hotel trends

    Herve Humler, Ritz-Carlton COO, discusses Ritz-Carlton topping JD Power guest satisfaction list, and weighs in on the building boom in luxury hotels. Humler also comments on the pulse of luxury spending in China.