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.» Read More
Early numbers show travelers are looking to book bigger and better vacations as soon as the weather warms up.
Hard Rock Hotel Palm Springs is allowing people to register as shareholders on Realtymogul.com, earn dividends, and enjoy perks when they visit.
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.
Some RFID gaming chips have the ability to not only cut casino's cheating losses, but also track an individual player bet by bet.
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 are spending more money on a quest for something authentic. "It's almost like there's no wild places anymore," said one industry spokesman.
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.
The peer-to-peer home rental company hopes to start collecting New York hotel taxes by July 1.
The most recent outbreak occurred on the Royal Caribbean International vessel, which left Baltimore on April 5 for a seven-day cruise to the Bahamas, Royal Caribbean spokeswoman Cynthia Martinez said in an email Friday. The CDC said more than 100 passengers and crew members got sick on the Grandeur's last cruise from Baltimore from March 28 to April 5.
April 11- Shares of Zoe's Kitchen Inc rose as much as 73 percent in their market debut, valuing the casual dining restaurant chain at more than $475 million. Zoe's Kitchen raised about $87.5 million from the offering, after its initial public offering of 5.83 million shares was priced at the upper-end of the expected price range.
April 10- Zoe's Kitchen Inc priced its initial public offering at $15 on Thursday, valuing the Mediterranean-style restaurant chain at about $276 million. The company earlier this week expected the IPO to be priced between $13 and $15 per share. Birmingham, Alabama- based Zoe's Kitchen is selling all the shares in the offering.
SAN FRANCISCO— In a story April 8 about illnesses aboard a Princess cruise ship sailing to ports in California, The Associated Press reported erroneously the final destination of the cruise. The cruise ends in Los Angeles, not Santa Barbara.
NEW YORK— Panera CEO Ron Shaich realizes that ordering at his chain can be chaotic. The confusion is a problem for Panera Bread Co., which has seen its sales growth slow as customers go elsewhere.
A 5-star hotel will be built in a Ferrari theme park along with rides including the highest and fastest vertical accelerator in Europe.
*Shares open at $16.75, below IPO price of $17. La Quinta's shares, which priced below the expected range at $17, fell as much as 4 percent in early trading before recovering their losses to trade slightly up.
ATLANTIC CITY, N.J.— Atlantic City's main casino workers' union says Revel Casino Hotel is worth between $25 million and $73 million. The casino, which is seeking a buyer, cost $2.4 billion to build. "We want potential buyers to fully understand Revel's financial position," said Ben Begleiter, a research analyst for the union.
Discussing La Quinta's IPO and the unique technology solutions it delivers to its guests, with Wayne Goldberg, La Quinta CEO.
The Irving, Texas- based company was publicly traded for more than 30 years before being acquired by private equity firm Blackstone in 2006. Blackstone paid $2.3 billion in cash and also assumed La Quinta's debt, giving that deal a value of about $3.4 billion. The IPO announced Tuesday night raised $651 million and valued the company at about $2.1 billion.
Barry Sternlicht, Starwood Capital chairman & CEO, discusses the launch of luxury brand Baccarat Hotels & Resorts, and eco-brand 1 Hotels & Resorts.