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Travel Hotels, Restaurants and Leisure

  • *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...

  • Jan 30- Activist investor JCP Investment Management said it would nominate three members to Fiesta Restaurant Group Inc's board of directors. JCP Investment, which holds about 7.1 percent of Fiesta's outstanding shares, said it was concerned about the massive decline in value that Fiesta stockholders have suffered over the past several years.

  • Hands will become the developmental licensee, or the franchiser, for McDonald's 435 restaurants in Denmark, Norway, Finland and Sweden, the burger chain said in a statement on Friday. McDonald's said in December it had sold its ownership interest in more than 390 restaurants in Singapore and Malaysia to Saudi Arabia's Lionhorn Pte Ltd, as part of a larger plan to...

  • Jan 27- Restaurant Brands International Inc said it would launch its coffee and doughnut chain, Tim Hortons, in Mexico as a part of its expansion plans. The joint venture company will be the master franchisee of Tim Hortons in Mexico, the company said. The move into Latin America comes after Tim Hortons, which has outlets in Canada, the United States and the Middle...

  • LOS ANGELES, Jan 26- Starbucks' coffee shops are suffering from a feared consequence of the mobile revolution: the digital world can dump an avalanche of orders in a short period of time, creating delays and lines that scare away customers. Starbucks on Thursday trimmed its full-year revenue forecast and posted a smaller-than-expected rise in quarterly sales...

  • LOS ANGELES, Jan 26- Starbucks Corp on Thursday trimmed its full-year revenue forecast and reported a smaller-than-expected rise in quarterly sales at established restaurants in the Americas, sending its shares down 3.8 percent in after-hours trade trade. Starbucks Chief Operating Officer Kevin Johnson told Reuters the disappointing Americas results...

  • LOS ANGELES, Jan 26- Starbucks Corp on Thursday trimmed its full-year revenue forecast and reported a weaker-than-expected rise in quarterly sales at established restaurants in its Americas region, sending shares down 3.8 percent in extended trade. The world's biggest coffee seller said visits to U.S. stores, the heart of the Americas region, were down in a...

  • LOS ANGELES, Jan 26- Starbucks Corp on Thursday trimmed its full-year revenue forecast and reported a weaker-than-expected rise in quarterly sales at established restaurants in its Americas region, sending shares down 3.4 percent in extended trade. The world's biggest coffee seller said visits to U.S. stores, the heart of the Americas region, were down in a...

  • LOS ANGELES, Jan 26- Starbucks Corp on Thursday cut its revenue forecast for the year and reported a smaller-than-expected rise in quarterly sales at established restaurants in its Americas region, sending shares down 3.8 percent in extended trade. The world's biggest coffee seller said visits to U.S. stores, the heart of the Americas region, were down in a sign...

  • Airbnb's disruptive tale

    Leigh Gallagher, Fortune Magazine and "The Airbnb Story," author talks about how Airbnb has transformed the way travelers book rooms and disrupted the hotel industry.

  • One of Japan's largest hotel chains sparked an angry backlash from China after placing a book in guest rooms which claimed the infamous 1937 Nanjing Massacre committed by Japanese troops was a "fabrication."

    China's tourism authority called for a boycott of a Japan hotel chain just before the Lunar New Year break.

  • The move follows pressure from activist investor Sandell Asset Management Corp, which has been engaged in a proxy fight with Bob Evans since 2013 and has been asking the company to separate its food-products business, BEF Foods. The company also said BEF Foods business, which makes refrigerated dinner side dishes, will buy Pineland Farms Potato Co for $115...

  • Jan 24- Restaurants and packaged food company Bob Evans Farms Inc said it would sell its unit Bob Evans Restaurants to Golden Gate Capital for $565 million.

  • The move follows pressure from activist investor Sandell Asset Management Corp, which has been engaged in a proxy fight with Bob Evans since 2013 and has been asking the company to separate its food-products business, BEF Foods. The company also said BEF Foods business, which makes refrigerated dinner side dishes, will buy Pineland Farms Potato Co for $115...

  • Jan 24- Restaurants and packaged food company Bob Evans Farms Inc said it would sell its unit Bob Evans Restaurants to Golden Globe Capital for $565 million.

  • Norwegian Cruise Line on setting sail for Cuba

    Steve Odell, MD APAC at Norwegian Cruise Line Holdings, talks about how the Trump administration might affect the cruise line's operations in Cuba.

  • Frits van Paasschen, CEO of Starwood Hotels and Resorts.

    Former CEO of Starwood Hotels & Resorts Frits Van Paasschen offers some advice for negotiating with someone like Donald Trump.

  • Shares of McDonald's were down 0.5 percent at $121.60 after the world's biggest fast-food chain released its fourth-quarter report on Monday. McDonald's is "mindful of the disparity" in pricing, Chief Financial Officer Kevin Ozan said on a conference call. Traffic has fallen more than 10 percent over the last four years at restaurants in the United States,...