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Travel Hotels, Restaurants and Leisure

  • NEW YORK— The Trump Organization will not ask guests at its hotels and resorts if they are using money from foreign governments to pay their bills, setting up a possible showdown with Democrats accusing the president of violating the U.S. Critics say that by not selling off his hotels and resorts, President Donald Trump is opening himself up to bribes from...

  • Hotel chains ditch traditional guest rooms

    Hotel chains are rethinking the way the design their guest room spaces.

  • LEBANON, Tenn. _ Cracker Barrel Old Country Store Inc. on Tuesday reported fiscal third-quarter net income of $46.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HAVANA, May 23- U.S. online travel services company Expedia said on Tuesday it had started offering online booking for hotels in Communist-run Cuba, hoping to capitalize on a boom in tourism to the Caribbean island. We are talking about the largest country in the Caribbean with significant hotel expansion plans, " Veronica Vega, Expedia area manager for Caribbean,...

  • EXPEDIA SAYS IT IS NOW OFFERING ONLINE BOOKING FOR HOTELS IN CUBA.

  • *Brazil- exposed stocks hit after scandal. By Danilo Masoni and Kit Rees. MILAN, May 18- European shares fell on Thursday, but ended off lows as jitters over political turmoil in the United States abated, while stocks exposed to Brazil were hit after a scandal embroiled the country's president.

  • LONDON, May 18- European shares dropped to two-week lows on Thursday as political upheaval in Washington D.C. continued to weigh, though deal-making activity and earnings updates kept the region's outperformance against global peers intact. The pan-European STOXX 600 0.9 percent, while Germany's DAX retreated 0.8 percent and Britain's FTSE 100 dropped 1.3...

  • Paris luxury hotel occupancy has begun to rebound this year. PARIS, May 18- When Paris's landmark Hotel de Crillon reopens in July after a four-year 200 million euro revamp, it will be hoping to catch a rebound in the luxury hotel trade after a wave of bloody street attacks drove away big-paying tourists. Occupancy rates of Paris luxury hotels fell 15 percent to 52...

  • HOUSTON _ Ignite Restaurant Group Inc. on Tuesday reported a loss of $6 million in its first quarter. The owner of restaurant chains Joe's Crab Shack, Brick House Tavern+ Tap, and Romano's Macaroni Grill posted revenue of $95.1 million in the period. Keywords: Ignite Restaurant Group, Earnings Report.

  • NEW YORK— Is the convenience of having a Quarter Pounder and fries delivered to your home or office worth a $5 fee? The fast-food chain says it's expanding its partnership with UberEats to offer delivery in Chicago, Columbus, Los Angeles and Phoenix. The two had already teamed up to offer McDonald's delivery in Miami, Orlando and Tampa, Florida earlier this year.

  • The event is the latest indication, following the signing of agreements earlier this year by major cruise companies, that the U.S. hospitality industry is betting that hotel operator and now President Donald Trump will not shut the Cuba door on his industry peers. We are very interested in Cuba as a destination for our guests, David Tarr, senior vice president for...

  • The home-sharing giant is now active in 65,000 cities in 191 countries and has more than 3 million listings on its platform.

  • MINNETONKA, Minn. _ Famous Dave's of America Inc. on Monday reported a first-quarter loss of $1.2 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Minnetonka, Minnesota- based company said it had a loss of 18 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK _ Ark Restaurants Corp. on Friday reported a loss of $393,000 in its fiscal second quarter. Ark Restaurants shares have increased slightly more than 6 percent since the beginning of the year. Keywords: Ark Restaurants, Earnings Report.

  • May 10- Lawyers for Donald Trump on Wednesday said the U.S. president has "absolute immunity" from a lawsuit by owners of the Cork Wine Bar in Washington, D.C., who claim that his ownership of a nearby hotel constitutes unfair competition. Trump's lawyers, in seeking a dismissal of the lawsuit by Diane Gross and Khalid Pitts, said the president cannot be forced to close...

  • *Shares hit near 10- yr high at $16.12. The U.S. burger chain has been promoting its value meals such as "4 for $4" to attract diners, as grocery prices have fallen in recent months, encouraging more people to cook at home. Wendy's in January added the Double Stack cheeseburger, which includes a burger, chicken nuggets, a small serving of fries and a drink, to its "4 for $4"...

  • May 10- Sandals Resorts International, a privately held Caribbean resort operator that caters to couples, is exploring strategic alternatives including a potential sale of the company, according to people familiar with the matter. A sale would mark the first change in ownership for the company since it was founded 36 years ago by Gordon "Butch" Stewart, who built...

  • HAVANA, May 10- Cuba represents a "huge" but challenging opportunity for U.S. cruise, airline and hotel companies as American visitors to the Caribbean island could increase as much as sevenfold by 2025, according to a report by the Boston Consulting Group. U.S. travel to Cuba has already surged, albeit from very low levels, in the last two years since the former Cold...

  • May 10- Wendy's Co reported higher-than-expected quarterly same-restaurant sales and profit, driven by the popularity of its value meals such as "4 for $4" and lower costs. Wendy's in January added the Double Stack cheeseburger, which includes a burger, chicken nuggets, a small serving of fries and a drink, to its "4 for $4" value meals. Net income fell to $22.3 million...

  • Net income fell to $22.3 million from $25.4 million in the first quarter ended April 2, the company said. On a per share basis, the company's profit remained unchanged at 9 cents per share due to fewer outstanding shares from a year earlier. Revenue fell to $285.8 million from $378.8 million a year earlier, mainly because the company sold more restaurants to...