Dec 9- McDonald's Corp on Monday reported another sluggish month of sales at established restaurants, results that suggest the famed hamburger chain is losing U.S. market share to rivals.» Read More
Marriott is opening the tallest hotel in America, in New York, CNBC's Sue Herera reports. Janis Milham, Marriott Courtyard vice president and global brand manager, provides insight.
Marriott International CEO and President Arne Sorenson discusses the minimum wage and whether raising it would affect the company's bottom line.
Marriott International is switching over from trading at the NYSE to the NASDAQ. Arne Sorenson, Marriott International CEO & president, discusses what's behind the hotel's move and what it means to shareholders. "The world has changed and the physical location of an exchange floor is much less important," Sorenson says.
McDonald's has committed yet another employee advice blunder, listing on its worker resource website pricey suggestions for holiday tipping.
NEW YORK-- An analyst boosted his rating and price target for Jack in the Box on Thursday, saying its profitability is likely to continue to improve. Wedbush's Nick Setyan lifted Jack in the Box Inc. to "Outperform" from "Neutral" and raised its price target to $60 from $50.
NEW YORK/ SHANGHAI, Dec 4- Yum Brands Inc's KFC website in China trumpets the slogan "Trust in every bite." That message is part of the company's new "I Commit" campaign intended to reassure customers in its largest market, who have cut back on visits since Chinese media reports a year ago about excessive antibiotic use by a few KFC suppliers.
NEW YORK/ SHANGHAI, Dec 4- Yum Brands Inc's KFC website in China trumpets the slogan "Trust in every bite". That message is part of the company's new "I Commit" campaign intended to reassure customers in its largest market, who have cut back on visits since Chinese media reports a year ago about excessive antibiotic use by a few KFC suppliers.
NEW YORK-- Shares of Yum Brands Inc. declined before the market open on Tuesday as the restaurant operator reported mixed November sales results for China. On Monday the company said that its China division recorded a 1 percent sales gain at restaurants open at least one year, including a rise of 7 percent at Pizza Hut.
LAS VEGAS-- An embarrassing mistake involving a Statue of Liberty stamp could come back to haunt the U.S. Postal Service. The "forever" stamp design released in 2011 was not based on the statue in New York Harbor, as intended, but on a replica outside the New York-New York casino hotel in Las Vegas. A spokesman for the Postal Service did not immediately return calls.
Dec 2- Yum Brands Inc said November sales at established KFC restaurants in China, its top market, failed to grow despite a successful half-priced chicken promotion, and it forecast a return to earnings per share growth in 2014.. Yum is the biggest Western restaurant operator in China and had almost 4,500 KFC outlets there at the end of its third quarter.
Kirk Kinsell, president of IHG Americas, tells CNBC's Simon Hobbs Even Hotels are a total wellness offer; they give the opportunity to maintain dietary needs as well as get a great night's sleep.
*Blackstone not selling shares; to retain 76.2 pct stake. Dec 2- Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group's investment. Blackstone has invested about $6.8 billion in Hilton and its 76.2 percent stake after the IPO will be worth up to $15.7 billion.
Hilton said its IPO would raise up to $2.37 billion, in what would be the biggest-ever hotel IPO and perhaps the second-biggest IPO of the year.
CNBC's David Faber reports on Hilton Hotel's IPO push. Hilton is expected to raise as much as $2.37 billion.
*Deutsche, Goldman Sachs, BofA and Morgan Stanley lead underwriters. Dec 2- Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion, in what would be the biggest-ever hotel IPO and perhaps the second-biggest IPO of the year.
Dec 2- Hotel operator Hilton Worldwide Inc, controlled by private equity firm Blackstone Group LP, said its initial public offering would raise up to $2.37 billion, valuing the company at about $20.7 billion.
NEW YORK-- Hilton Worldwide Holdings Inc. plans to offer approximately 112.8 million shares in an initial public offering of its common stock, returning to the public markets about six years after it went private. The McLean, Va.- based company plans to use the net proceeds from the offering and available cash to repay about $1.25 billion of debt.
Dec 2- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, said it would raise as much as $2.37 billion from an initial public offering of its shares.
Robert Barnard, partner at BDO, discusses Accor's new strategy as the group abandons leases to concentrate on its franchise and management business.
For the first time in 95 years, Hanukkah directly coincides with Thanksgiving, reports CNBC's Courtney Reagan.