GO
Loading...

Hotels, Restaurants and Leisure

More

  • *Plans to sell 37.2 mln shares at $18- $21 each. March 27- La Quinta Holdings Inc will raise as much as $780 million from its initial public offering, as it becomes the third hotel chain to be taken public by Blackstone Group LP in six months.

  • McDonald's ups ante with free coffee for breakfast Friday, 28 Mar 2014 | 10:31 AM ET

    McDonald's is offering free coffee to its breakfast customers for a limited time as competition for the breakfast crowd intensifies.

  • *Plans to sell 37.2 mln shares at $18- $21 each. March 27- La Quinta Holdings Inc will raise as much as $780 million from its initial public offering, as it becomes the third hotel chain to be taken public by Blackstone Group LP in six months.

  • March 27- La Quinta Holdings Inc, a hotel chain backed by Blackstone Group LP, said it expects to sell 37.2 million shares in its initial public offering at between $18 and $21 per share. Irving, Texas- based La Quinta will have an equity valuation of $2.57 billion at the top of the expected price range.

  • PORT LOUIS, March 26- Mauritius- based luxury hotel group Sun Resorts swung into the red last year, posting an annual pretax loss of 43.9 million rupees, it said on Wednesday.

  • Business travel spending adding to GDP growth Wednesday, 26 Mar 2014 | 10:53 AM ET

    A new study from the Global Business Travel Association paints a profile of optimistic spending.

  • March 26- Activist investor Barington Capital Group LP urged Darden Restaurants Inc to consider looking for a new chief executive, stepping up pressure on the restaurant operator to come up with ways to improve its performance.

  • Barington Capital asks Darden to find new CEO Wednesday, 26 Mar 2014 | 8:49 AM ET

    March 26- Darden Restaurants Inc shareholder Barington Capital asked the company to find a new chief executive and appoint an independent chairman. The hedge fund and Starboard Value LLP have opposed Darden's plan to spin off its Red Lobster restaurant chain and have asked that the plan be put to a shareholder vote.

  • WELLINGTON, March 26- Fonterra, the world's largest dairy exporter, on Wednesday said a steep hit to its first-half earnings won't stop it from marketing more of its own-brand milk products in China and expand its food services business in the fast-growing market.

  • 'Made in the USA' hotel suite opens in DC Hyatt Monday, 24 Mar 2014 | 4:20 PM ET

    The Park Hyatt Washington, D.C. will offer lodgings with a very Americana twist through August.

  • 9/11 Memorial Museum to open to public May 21 Monday, 24 Mar 2014 | 2:49 PM ET
    Rendering of the planned 9/11 Memorial Museum, New York.

    The museum at the site of the World Trade Center will open to the public in May, officials announced today.

  • S&P affirms Greece ratings at 'B-/B', outlook stable Friday, 21 Mar 2014 | 2:06 AM ET

    March 21- Standard& Poor's on Friday affirmed Greece's sovereign credit ratings at' B-/B' and gave them a stable outlook, saying it believed the country's economy is gradually rebalancing.

  • Pancake robot makes your hotel breakfast Tuesday, 18 Mar 2014 | 2:16 PM ET

    As travelers demand more exotic technology, robots are hard to beat.

  • Hawaii's high prices scare away some mainlanders Monday, 17 Mar 2014 | 2:06 PM ET

    Hawaii's high prices may be putting a chill on the state's tourism industry. NBC News reports.

  • Trump brand example of entrepreneurship: Trump Jr.     Wednesday, 12 Mar 2014 | 10:25 AM ET

    Donald Trump Jr., Trump Organization EVP development & acquisitions, discusses the hotel brands plans for international expansion and the advantages of being an owner/developer.

  • McDonald's sales slump in February, hit by weather Monday, 10 Mar 2014 | 11:37 AM ET

    McDonald's reported a bigger-than-expected drop in sales for February, with competition and bad weather battering U.S. sales.

  • NEW YORK, March 10- Sbarro LLC, the pizza restaurant chain, on Monday filed for bankruptcy protection for the second time in less than three years, after struggling with too much debt and lower customer traffic in the malls that house many of its restaurants.

  • Pizza chain Sbarro files for bankruptcy protection Monday, 10 Mar 2014 | 9:26 AM ET

    March 10- Sbarro LLC, the pizza restaurant chain, on Monday filed for bankruptcy protection for the second time in less than three years. Sbarro and more than 30 affiliates filed for Chapter 11 protection from creditors with the U.S. Bankruptcy Court in Manhattan.

  • Here's what's driving Sheraton's record growth Monday, 10 Mar 2014 | 8:14 AM ET
    Rendering of the Sheraton Zhuhai Hotel in China

    In the midst of an $8 billion growth spurt, Sheraton will open a record 38 newly constructed hotels in the next 12 months, including several in Iraq.

  • March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, with competition and bad weather battering U.S. sales. The world's biggest restaurant chain by revenue said worldwide sales at restaurants open at least 13 months fell 0.3 percent last month.