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Hotels, Restaurants and Leisure

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  • May 9- Hilton Worldwide Holdings Inc's quarterly profit nearly quadrupled as increased business and leisure travel drove up occupancy and room rates.

  • Losses related to hotel boycott reach $1.5 million Wednesday, 7 May 2014 | 6:40 PM ET
    The Beverly Hills Hotel.

    The Beverly Hills Hotel and Hotel Bel-Air face a loss of business over their owner's ties to Sharia law.

  • NEW YORK, May 7- Fast-food workers plan strikes in 150 cities across the United States and protests in 33 other countries on May 15 to demand higher pay and better working conditions, organizers said in New York on Wednesday.

  • Branson joins boycott of hotel for Sharia law ties Monday, 5 May 2014 | 4:11 PM ET
    The Beverly Hills Hotel.

    The Virgin CEO has joined Ellen DeGeneres, Jay Leno and others in a boycott of the Dorchester Hotel chain over the owner's ties to Sharia law in Brunei.

  • Business, luxury travelers turning to Airbnb, others Sunday, 4 May 2014 | 12:23 PM ET

    Corporate expense reports are seeing an eye-popping rate of growth from employees using sharing-economy businesses.

  • Marriott Marquis hotel in New York

    About 1.8 million Chinese tourists visit the U.S. each year and that number is expected to rise 20 percent annually.

  • LOS ANGELES, May 3- When the U.S. economy crashed in 2008, following the implosion of the housing market, Dave Klein's southern California construction company almost folded. Some returned home to El Salvador, others to Mexico.

  • Travelocity tops J.D. Power travel site survey Wednesday, 30 Apr 2014 | 3:23 PM ET

    Price and quality of information are the two top elements customers want from a trip booking site, according to a new survey.

  • This court says women-only hotel floors discriminate Wednesday, 30 Apr 2014 | 8:51 AM ET
    Bella Sky Hotel

    As some hotels have added ladies-only floors to increase security and add amenities, one court has said it's unfair.

  • Six best travel-booking tricks you're not using Wednesday, 30 Apr 2014 | 8:11 AM ET

    To save on your summer vacation, you'll need to get creative. Here are six tricks to cut airfares and hotel stays with minimal effort.

  • April 30- Hyatt Hotels Corp said it expected occupancy and room rates at its hotels to remain strong as U.S. business travel continues to grow. The owner of the Park Hyatt, Grand Hyatt and Hyatt Regency chain of hotels reported a first-quarter profit above analysts' estimates, partly helped by a tight supply of rooms.

  • Hyatt reports higher revenue as business travel increases Wednesday, 30 Apr 2014 | 6:47 AM ET

    April 30- Hyatt Hotels Corp reported a 10 percent rise in quarterly revenue as growth in business travel in North America boosted both occupancy and room rates. Net income attributable to Hyatt rose to $56 million, or 36 cents per share, in the first quarter, from $8 million, or 5 cents per share, a year earlier.

  • April 29- Marriott International posted a better-than-expected quarterly profit as increased business travel boosted occupancy and allowed the company to raise room rates in North America.

  • April 29- Marriott International Inc, the operator of the Ritz-Carlton and Renaissance hotel chains, reported a 26 percent rise in quarterly profit, helped by higher room rates and occupancy in North America. The company's net income rose to $172 million, or 57 cents per share, in the first quarter ended March 31 from $136 million, or 43 cents per share, a year earlier.

  • *Costa to open five new stores in France. LONDON, April 29- Britain's Whitbread beat forecasts with a 16.5 percent jump in full-year profit and said it would expand its Costa Coffee chain in France after a trial showed strong demand.

  • Shares of the company, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, fell as much as 3.2 percent in early trading. Royal Caribbean said its cruise operations were hurt by several mishaps in the first quarter. Royal Caribbean has also been struggling to boost sales in the Caribbean, its biggest market.

  • Lukas Podolski of Arsenal in the Emirates' A380 flight simulator on October 31, 2013 in Greenwich, England.

    Emirates Airline, the world's largest operator of A380s, offers aspiring pilots "flights" to any of a dozen major airports around the world.

  • COLOMBO, April 25- Sri Lanka's parliament approved a $400 million development by Australian casino operator Crown Resorts Ltd on Friday, but said it would not be allowed to open a casino there.

  • April 25- Canada will not allow restaurants to hire more temporary foreign workers until the federal government completes a review of a program designed to allow employers to hire foreigners to fill jobs for which no qualified Canadians are available.

  • April 25- Canada will not allow restaurants to hire any more temporary foreign workers until the federal government completes a review of a program set up as a last resort for employers to fill jobs when no qualified Canadians are available.