Hotels, Restaurants and Leisure


  • NEW YORK, Nov 19- Goldman Sachs Group Inc's private equity arm is nearing a deal to acquire events services company PSAV Presentation Services for close to $900 million, according to people familiar with the matter.

  • Goldman nears deal for events company PSAV -source Tuesday, 19 Nov 2013 | 1:41 PM ET

    NEW YORK, Nov 19- Goldman Sachs Inc's private equity arm is nearing a deal to acquire events services company PSAV Presentation Services for close to $900 million, according to people familiar with the matter.

  • Game of Thrones: America's best restroom is... Tuesday, 19 Nov 2013 | 11:09 AM ET
    Best restroom in America: The Varsity Theater in Minneapolis

    Restrooms are marketing tools. Everyone notices a great restroom, because it's an oddity, which is strange, considering the time we spend there.

  • Posh potties: Where to go when you're on the go Tuesday, 19 Nov 2013 | 11:07 AM ET

    Business travelers on the go know it's sometimes difficult to find a welcoming and clean place to, uh, go. Here are the 10 best public restrooms

  • Democratic Senator Patrick Leahy of Vermont, chair of the Judiciary Committee, and Senator Mike Lee, a Republican from Utah, introduced a bill that would require patent holders to disclose ownership and allow manufacturers to step into lawsuits to protect customers accused of using an infringing device, the two lawmakers said in a statement.

  • NEW YORK, Nov 18- TriArtisan Capital Partners is in the lead to acquire CKE Inc, the restaurant group that owns the Carl's Jr and Hardees fast food chains, in a deal approaching $2 billion, according to people familiar with the matter.

  • Africa's first underwater hotel     Monday, 18 Nov 2013 | 2:59 PM ET

    CNBC's Mandy Drury reports on Africa's first underwater hotel room at the Zanzibar resort.

  • The next McDonald's attempt to shake up burger biz Friday, 15 Nov 2013 | 12:35 PM ET

    McDonald's is launching a new experiment with premium-quality, build-your-own-burgers, The Orange County Register reported.

  • Beer in baggage claim tops off airport revenues Friday, 15 Nov 2013 | 8:00 AM ET
    Passengers sampling liquor at the Liquor Library at baggage claim at McCarren International Airport in Las Vegas.

    Passengers are spending more at airports, due in part to unique offerings. In 2012 travelers spent $630 million on retail items in U.S. terminals.

  • Lot of burgers: McDonald's $3 billion plans Thursday, 14 Nov 2013 | 2:34 PM ET

    McDonald's plans to spend up to $3 billion next year to open 1,500 new restaurants and remodel 1,000 others.

  • Nov 14- McDonald's Corp on Thursday said it plans to spend $2.9 billion to $3 billion next year to open 1,500 to 1,600 new restaurants and remodel about 1,000 others- roughly in line with this year's reduced spending forecast.

  • Nov 13- Shares of Extended Stay America Inc rose as much as 19 percent in their market debut on Wednesday, valuing the hotel chain at about $4.8 billion as investors bet on the recovery in the U.S. hotel sector.

  • Extended Stay CEO: Just the beginning for us     Wednesday, 13 Nov 2013 | 10:14 AM ET

    Former Starbucks CEO and current Extended Stay America CEO Jim Donald, celebrates his IPO day at the NYSE. "We will end Q1 of 2014 with over 50 percent of our properties with platinum renovations," he says.

  • Nov 13- Shares of hotel chain Extended Stay America Inc rose as much as 15 percent in their market debut, valuing the company at about $4.6 billion. Extended Stay shares opened at $22.75 and touched a high of $22.96 on the New York Stock Exchange on Wednesday. Deutsche Bank, Goldman Sachs and J.P. Morgan were the lead underwriters for the offering.

  • Fortress-owned Intrawest Resorts files to go public Tuesday, 12 Nov 2013 | 8:02 AM ET

    Nov 12- Mountain resort operator Intrawest Resorts Holdings, owned by private equity firm Fortress Investment Group LLC, filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock.

  • Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan. Global sales at restaurants open for more than a year rose 0.5 percent in October, but the growth was below the average analyst estimate of 0.6 percent, according to nine analysts polled by Thomson Reuters.

  • Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan and remained weak in the United States. In Europe, sales rose 0.8 percent as more customers ate at its restaurants in the UK, France and Russia.

  • WELLINGTON, Nov 8- Tourists from China have been flooding into New Zealand and now a Shanghai- based property developer has bought an upmarket resort and plans a major upgrade to attract wealthy Chinese travellers to the South Pacific country. China is the second-biggest source of visitors to New Zealand.

  • Wendy's shares plunge after sales miss estimates Thursday, 7 Nov 2013 | 4:16 PM ET
    Wendy's fast food restaurant in Brooklyn, New York.

    Shares of Wendy's, the second-largest U.S. hamburger chain, plunged after the fast food chain reported lower-than-expected quarterly revenue.

  • Nov 7- Canadian coffee and doughnut chain Tim Hortons Inc reported an 8 percent rise in quarterly profit as same-store sales improved slightly in the United States. The company, which says it sells eight of every 10 cups of coffee sold in Canada, said U.S. same-store sales rose by 3 percent, while same-store sales in Canada increased 1.7 percent.

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