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Travel Hotels, Restaurants and Leisure

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  • 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.

  • *Burger King comp sales up 6.7 pct; Tim Hortons' 5.5 pct. July 27- Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee chain Tim Hortons last year, reported a better-than-expected quarterly profit as new menu items helped attract customers. "I think has been more innovative with their new product offerings than McDonald's...

  • July 27- Puerto Rico may sport palm trees, pristine beaches and glorious weather but its tourism industry is losing out to rival Caribbean islands- and that is holding the U.S. territory back at a time when its deeply troubled economy most needs a fillip. Rick Newman, who owns and operates the Verdanza Hotel in the popular beachside tourist strip of Isla Verde, says...

  • July 27- Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee and doughnut chain Tim Hortons last year, reported a better-than-expected quarterly profit on strong sales of its newly launched menu items. The two chains are managed separately under parent Restaurant Brands. Restaurant Brands opened 52 net new Tim...

  • One of these chains could be the next Chipotle Saturday, 25 Jul 2015 | 11:00 AM ET
    Protein Bar's Guac & Roll.

    PrivCo recently released a new report about five chains that could be the next fast casual hit.

  • July 24- U.S. stock index futures were higher on Friday after three straight days of losses as Amazon, Visa and Starbucks beat expectations. *Starbucks rose 4.3 percent to $59 after the world's biggest coffee chain reported a higher quarterly profit. *Second-quarter S&P 500 earnings have been mixed, with 75 percent of companies so far beating analysts' profit...

  • July 23- Starbucks Corp reported higher quarterly profit on Thursday as new food, drinks and technology helped the world's biggest coffee chain attract more customers. Sales at Starbucks shops open at least 13 months were up 7 percent globally in the latest quarter, with an estimated 23 million more customer transactions than in the year-earlier quarter as...

  • Tickets plunge after US booted from soccer tourney Thursday, 23 Jul 2015 | 1:32 PM ET
    Goalie Brad Guzan of the United States tries unsuccessfully to stop a shot on goal by Darren Mattocks of Jamaica during the first half of the 2015 CONCACAF semifinal match at Atlanta's Georgia Dome on July 22, 2015.

    Many soccer fans assumed a Gold Cup Final between USA and Mexico, but ticket prices tanked after both teams stumbled.

  • July 23- McDonald's Corp's new chief executive expects global sales at established restaurants to grow in the current quarter, reversing more than a year of declines, and said his turnaround plan is showing early signs of taking hold. Net income tumbled 13 percent to $1.20 billion, or $1.26 a share, in the second quarter. Easterbrook has responded to intense U.S....

  • July 23- McDonald's Corp's new chief executive expects global sales at established restaurants to grow in the current quarter, reversing more than a year of declines, and said his turnaround plan was showing early signs of taking hold. Since taking the helm in March, McDonald's CEO Steve Easterbrook repeatedly has vowed to turn McDonald's into "a modern,...

  • July 22- The New York State wage board recommended raising fast-food worker pay to $15 per hour in New York City by 2018, CNBC said in a tweet on Wednesday. The hike will boost entry-level pay from its current $8.75 per hour level at restaurants owned by companies including McDonald's Corp, Burger King and Wendy's Corp.. The panel had been formed by New York...

  • July 21- McDonald's Corp could start offering all-day breakfast in its U.S. restaurants as early as October, the Wall Street Journal reported, citing an internal company memo. The world's largest restaurant chain by revenue has been losing customers to newer rivals including burrito chain Chipotle Mexican Grill as consumers switch to foods perceived as...

  • July 21- McDonald's Corp could start offering all-day breakfast in its U.S. restaurants as early as October, the Wall Street Journal reported, citing an internal company memo. The world's largest restaurant chain by revenue has been losing customers to newer rivals including burrito chain Chipotle Mexican Grill as consumers switch to foods perceived as...

  • July 21- Chipotle Mexican Grill Inc on Tuesday said its quarterly profit beat estimates, but the burrito chain reported lower than expected sales at its established restaurants, initially sending its shares down in extended trading. Shares of the company fell about 7.5 percent to $623 after results were released on Tuesday but recovered to $676.

  • Fake hotel booking sites stirring up turmoil Monday, 20 Jul 2015 | 1:43 PM ET
    Hotels line the strip in Las Vegas, Nevada.

    Fake sites use logos and pictures from hotels to trick travelers into thinking they are on the hotel's website. NBC News reports.

  • CNBC update: Robot hotel Thursday, 16 Jul 2015 | 10:30 AM ET
    CNBC update: Robot hotel

    United Continental gives free miles to hackers; Iraq looks to take back Anbar Province; and a new hotel in Japan is staffed with robots.

  • The company has been outperforming rivals such as Yum Brands Inc's Pizza Hut and McDonald's Corp in the United States due to the digital investments, which make it easier for customers to order pizzas using methods such as smart watches and digital wallets. Pizza Hut reported a disappointing 1 percent rise in same-store sales in the United States on Tuesday.

  • Yum Brands sales fall for fourth straight quarter Tuesday, 14 Jul 2015 | 4:19 PM ET

    July 14- Yum Brands Inc, the owner of the Pizza Hut and Taco Bell restaurant chains, reported its fourth straight quarter of falling sales, as it struggles to recover from a food scandal in China, a market where the company makes most of its profit. The company's net income fell to $235 million, or 53 cents per share, in the second quarter ended June 13, from $334 million, or...

  • Pro poker's biggest shark closes on tourney final Tuesday, 14 Jul 2015 | 1:14 PM ET
    Daniel Negreanu, World Series of Poker

    One of the biggest names in professional poker is just one day away from getting to the sport's biggest stage.