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Hotels, Restaurants and Leisure

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  • Travel honchos seek clout to fight wage hikes Tuesday, 16 Sep 2014 | 1:37 PM ET
    Shawnta Brown worked a summer job at Skyline Sightseeing in New York City, getting paid commission only to sell bus tickets to tourists.

    The travel industry has taken a deep dive into the debate of whether new jobs created since the recession are worse than the old jobs.

  • TORONTO, Sept 16- McDonald's Corp is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc and Starbucks Corp..

  • Pimco's best investment ideas right now Monday, 15 Sep 2014 | 4:30 PM ET
    A Pacific Investment Management Company advertisement is displayed on a building in Hong Kong, China.

    Here are the names that Pimco's Mark Kiesel believes are the best investment opportunities right now.

  • Judge OKs auction for closed $2.4B Revel casino Monday, 15 Sep 2014 | 3:37 PM ET

    CAMDEN, N.J.— A bankruptcy court judge on Monday approved a Sept. 24 auction for the failed $2.4 billion Revel Casino Hotel in Atlantic City after a Florida developer offered $90 million cash for the closed building. Judge Gloria M. Burns approved the auction date along with a $3 million breakup fee that Straub would be paid if the sale to him doesn't go through.

  • Sept 15- The bankrupt Revel casino hotel in Atlantic City will go to auction on Sept. 24, a judge ruled on Monday, after the only bidder clashed with creditors who wanted to slow the rushed sale.

  • Egypt says will boost security at tourist sites Monday, 15 Sep 2014 | 10:49 AM ET

    CAIRO— Egypt plans to increase the number of security cameras at hotels and popular tourist destinations as part of a series of new security measures aimed at buoying the flagging tourism sector following three years of political turmoil, the country's tourism minister said.

  • TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong same-store sales growth in both the United States and Canada for the third quarter to date.

  • TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong quarterly same-store sales growth in both the United States and Canada.

  • Envelopes in Marriott hotels invite tips for maids Monday, 15 Sep 2014 | 2:34 AM ET

    NEW YORK— Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping. Some 750 to 1,000 hotels will participate from Marriott brands like Courtyard, Residence Inn, J.W. Marriott, Ritz-Carlton and Renaissance hotels.

  • Shangri-La CEO: Chinese still want luxury Sunday, 14 Sep 2014 | 11:02 PM ET

    Shangri-La Hotels & Resorts remains committed to luxury despite growing concerns about weak fundamentals in the Chinese hotel market.

  • Shangri-La launches new 'Hotel Jen' brand     Sunday, 14 Sep 2014 | 7:31 PM ET

    Greg Dogan, President & CEO of Shangri-La Hotels & Resorts, says the new hotel brand is targeted at the millennial market.

  • Vending machine salad aims to sprout a hotel trend Saturday, 13 Sep 2014 | 1:00 PM ET
    A start-up company, Farmer’s Fridge, has started selling salads from a vending machine at the Chicago Marriott O’Hare as demand grows for healthy food.

    Responding to a request from a millennial, Marriott is testing a new grab-and-go healthy option for its lobby.

  • Trustee objects to parts of proposed Revel deal Saturday, 13 Sep 2014 | 12:05 PM ET

    ATLANTIC CITY, N.J.— The proposed auction date for the Revel Casino Hotel is too soon and a $3 million breakup fee that would go to a Florida developer if he's outbid for the recently shuttered site is inappropriate, a U.S. Bankruptcy Court trustee said.

  • DUBAI, Sept 13- Dubai retailing and restaurants group Marka will list its shares on the Dubai Financial Market on Sept. 25 in the market's first flotation for five years, the company said on Saturday.

  • Blasting NFL star's bad tip: Restaurateur not sorry Friday, 12 Sep 2014 | 6:32 PM ET
    Philadelphia Eagles’ running back LeSean McCoy watches from the bench during a preseason game between the Eagles and the New York Jets in Philadelphia.

    The restaurateur who publicly blasted LeSean McCoy for leaving a 20-cent tip told CNBC he won't apologize for starting the controversy.

  • $3M campaign launches against Airbnb Friday, 12 Sep 2014 | 4:45 PM ET
    The Share Better coalition of elected officials, housing groups and community activists has launched a PR campaign to counter Airbnb current ad campaign.

    The peer-to-peer home-sharing website Airbnb faces new opposition in New York.

  • Group launches campaign against Airbnb in NYC Friday, 12 Sep 2014 | 12:18 PM ET

    NEW YORK— A group of New York elected officials, community activists and housing advocates is launching a campaign against the home-sharing company Airbnb. Adriano Espaillat and Manhattan Borough President Gale Brewer. The company says it housed more than 400,000 visitors to New York last year.

  • Sept 12- Olive Garden owner Darden Restaurants Inc on Friday reported a quarterly loss, but its results were overshadowed by activist investor Starboard Value LP's release of its revised plan to boost Darden's profit and stock price.

  • Investor details ways Olive Garden could improve Friday, 12 Sep 2014 | 11:13 AM ET

    An investor has some suggestions for how Olive Garden can improve its performance, down to the way it rations its unlimited breadsticks. In a nearly 300- page document, Starboard Value criticizes parent company Darden Restaurants Inc. for its management of the Italian restaurant chain.

  • Zapata gets artsy at NYC's W hotel     Friday, 12 Sep 2014 | 10:45 AM ET

    Contemporary artist Domingo Zapata, and Scott Gerber, Gerber Group CEO, discuss the launch of "Studio" at the W New York Union Square hotel. Zapata used the lounge as his personal canvas to paint his interpretation of "Alice in Wonderland."