GO
Loading...

Hotels, Restaurants and Leisure

More

  • April 22- Darden Restaurant Inc has 60 days to call a shareholder meeting to vote on activist investor Starboard Value LP's proposal to delay the company's plan to spin off its struggling Red Lobster chain, CNBC reported.

  • April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as high beef costs bit into margins and fewer customer visits resulted in a bigger-than-expected decline in sales at the fast-food chain's established U.S. restaurants.

  • April 22- McDonald's Corp posted a lower quarterly profit on Tuesday as sales at the fast-food chain's established U.S. restaurants fell more than expected on fewer customers. In the Asia Pacific, the Middle East and Africa region, same-store restaurant sales rose 0.8 percent, compared to analyst projections for a 0.5 percent increase.

  • McDonald's 1Q profit slips as US sales decline Tuesday, 22 Apr 2014 | 8:19 AM ET

    NEW YORK— McDonald's is fighting to hold onto customers in the U.S. The world's biggest hamburger chain said sales at established U.S. locations fell 1.7 percent in the first three months of the year as guest counts declined.

  • The ACSI Travel Index is based on random interviews with more than 7,400 U.S. customers of airlines, hotels and Internet travel websites from October 2013 to March 2014.

  • Airbnb hopes to quash subpoena seeking user data Monday, 21 Apr 2014 | 5:51 PM ET
    The Airbnb logo and website are displayed on laptop computers in this arranged photograph.

    One of the major disruptors in the lodging industry heads to court Tuesday to defend the way it does business.

  • Portland hotel hooks up to the tiny houses trend Sunday, 20 Apr 2014 | 2:00 PM ET
    The Tiny House Hotel in Portland, Ore., allows guests to try out living in a small self-contained home.

    The environmentally-friendly alternative housing movement is expanding to the hotel industry.

  • Calif. customers hit with expensive Del Taco bill Saturday, 19 Apr 2014 | 2:16 PM ET

    SANTA PAULA, Calif.— What was supposed to be a cheap bite at Del Taco turned out to be small fortune for some Southern California customers. Customer Michael Cole said he was surprised when he was charged $4,050 for one CrunchTada Pizza and two beef tacos.

  • Correction: Restaurant Sales story Friday, 18 Apr 2014 | 4:39 PM ET

    NEW YORK— In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. NEW YORK— Chipotle restaurants are ringing up more sales than ever before.

  • Tommy Hilfiger buys Miami Beach boutique hotel Thursday, 17 Apr 2014 | 4:43 PM ET
    The Raleigh Hotel swimming pool, Miami Beach

    The art deco-designed Raleigh Hotel in South Beach has a fashionable new owner.

  • How Chipotle's average sales per restaurant rank Thursday, 17 Apr 2014 | 4:34 PM ET

    In a call with analysts, Chipotle's Chief Financial Officer Jack Hartung said the strong performance pushed the company's average annual sales to more than $2.2 million per restaurant for the first time. McDonald's, for instance, has long outpaced Burger King and Wendy's in part because of the popularity of its breakfast menu.

  • Summer travelers planning bigger, longer vacations Thursday, 17 Apr 2014 | 4:19 PM ET
    The Magic Kingdom park at Walt Disney World Resort.

    Early numbers show travelers are looking to book bigger and better vacations as soon as the weather warms up.

  • Pony up $10K to own a piece of a Hard Rock hotel Thursday, 17 Apr 2014 | 12:00 PM ET
    Hard Rock Hotel Palm Springs

    Hard Rock Hotel Palm Springs is allowing people to register as shareholders on Realtymogul.com, earn dividends, and enjoy perks when they visit.

  • Chipotle plans first price hike in 3 years Thursday, 17 Apr 2014 | 8:29 AM ET

    NEW YORK— Chipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos. That translates to an extra 24 cents to 40 cents for an $8 burrito bowl. Jack Hartung, Chipotle's chief financial officer, said during a conference call with analysts that price is not the main reason customers visit its restaurants anyway.

  • Cheaters may speed need for data-laden poker chips Wednesday, 16 Apr 2014 | 4:19 PM ET

    Some RFID gaming chips have the ability to not only cut casino's cheating losses, but also track an individual player bet by bet.

  • Hotels rush to create 12/13/14 wedding packages Tuesday, 15 Apr 2014 | 10:31 AM ET

    The last sequential calendar date in this century may be a lucky day for some couples.

  • *Problems in Zimbabwe, Mozambique, Zambia. LONDON, April 15- SABMiller, the world's second-largest brewer by sales, posted a modest rise in full-year lager sales volumes following troubles in a number of African markets that have been fueling growth for the past few years.

  • Travelers seeking to conquer unexplored territory Monday, 14 Apr 2014 | 4:02 PM ET
    Elk at Old Faithful in Yellowstone National Park

    Travelers are spending more money on a quest for something authentic. "It's almost like there's no wild places anymore," said one industry spokesman.

  • Is hot market for IPOs cooling? Monday, 14 Apr 2014 | 3:15 PM ET

    Auto financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their IPOs last week. La Quinta priced its shares at $17 each, lower than its expected range of $18 to $21, which suggested less demand. Ally, the largest IPO this year, priced its shares at $25 each, the bottom of its expected range of $25 to $28.

  • Airbnb working on plan to pay New York hotel taxes Monday, 14 Apr 2014 | 10:43 AM ET
    Airbnb app on an iPhone and iPad.

    The peer-to-peer home rental company hopes to start collecting New York hotel taxes by July 1.

Most Popular Video

Wednesday, 23 Apr 2014 | 11:30 AM ET

Saving for retirement is about to get a whole lot more complicated. CNBC's Allison Linn reports on the "new normal" that may mean those planning to retire in 20-25 years may have to get used to a slightly lower standard of living than in the pension heyday.

Wednesday, 23 Apr 2014 | 11:00 AM ET

An 11th person was arrested yesterday in connection with a Philadelphia area drug ring where police say high school and college students were the targets.

Wednesday, 23 Apr 2014 | 10:17 AM ET

Former Apple CEO John Sculley, discusses Apple innovation and if the DNA of Apple has changed under CEO Tim Cook. Sculley also weighs in on earnings expectations for the tech giant.