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Hotels, Restaurants and Leisure

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  • LONDON, May 25- The world's largest hotelier, Intercontinental Hotels Group, has rejected a 6 billion pound takeover offer from a U.S. bidder, Sky News reported, citing unidentified sources. A spokeswoman for IHG, which runs 4,700 hotels with brands such as Crowne Plaza, Holiday Inn and Intercontinental, declined to comment on the report.

  • Where the jet-setters are vacationing this summer Saturday, 24 May 2014 | 4:00 PM ET

    For those with a private jet at their beck and call, some destinations are more popular than others.

  • Hotel sues TripAdvisor reviewer, claims defamation Friday, 23 May 2014 | 10:30 AM ET
    Lincoln City, Oregon.

    A lawsuit seeks to find the person who posted a negative review including the claim "the owner smokes weed," The Oregonian reports.

  • Hotel Bel-Air target of new Islamic law protest Thursday, 22 May 2014 | 2:07 PM ET

    Dorchester Collection hotels in California face more protests over their owner's ties to severe Islamic law penalties in Brunei.

  • McDonald's shareholders OK CEO pay amid protests Thursday, 22 May 2014 | 10:41 AM ET
    McDonald's employees protesting for a higher minimum wage outside the McDonald's annual shareholder's meeting in Oak Brook, IL.

    McDonald's shareholders approved an advisory measure on exec pay at the chain, where CEO Don Thompson took home compensation of $9.5 million in 2013.

  • May 22- McDonald's Corp shareholders on Thursday overwhelmingly approved an advisory measure on executive pay at the fast-food chain, where Chief Executive Officer Don Thompson took home total compensation of $9.5 million in 2013..

  • May 22- McDonald's Corp shareholders on Thursday overwhelmingly voted in favor of an advisory measure on executive pay at the fast-food chain, where Chief Executive Officer Don Thompson took home total compensation of $9.5 million in 2013..

  • May 21- Police on Wednesday arrested more than 100 demonstrators seeking better pay for McDonald's workers as protesters swarmed the fast-food chain's corporate campus near Chicago to demand a minimum wage of $15 an hour and the right to unionize.

  • Airbnb will comply with NY subpoena for user data Wednesday, 21 May 2014 | 12:56 PM ET
    The Airbnb logo and website are displayed on laptop computers in this arranged photograph.

    After a court battle, the peer-to-peer home rental company has agreed to comply with a subpoena but, at least initially, in an anonymous way.

  • La Quinta's international pipeline     Wednesday, 21 May 2014 | 10:08 AM ET

    Wayne Goldberg, La Quinta CEO, discusses the lodging company's outlook and plans for growth and expansion.

  • May 21- Fast-food workers from three dozen U.S. cities on Wednesday will protest at the headquarters of McDonald's Corp, calling for a significant wage hike, as company shareholders also prepare to weigh in on the pay of the fast-food giant's top executives.

  • Massive luxury hotel finds life after Lehman limbo Tuesday, 20 May 2014 | 5:29 PM ET
    A fire pit at the Ritz-Carlton Hotel in Rancho Mirage, Calif.

    A new luxury hotel has opened in the California desert with 244 guest rooms and suites.

  • Marriott lures millennial loyalty with AC Hotels Tuesday, 20 May 2014 | 4:59 PM ET
    Artist rendering of the AC Hotel in Miami Beach.

    Europe's AC Hotels are coming to the United States in hopes of luring the millennial business traveler.

  • Ritz-Carlton's next investment     Tuesday, 20 May 2014 | 12:45 PM ET

    Discussing the real estate market in the United States and around the world, with Ritz-Carlton President Herve Humler. He says some of the hottest markets outside the U.S. are Asia, China and North Africa.

  • OTTAWA, May 16- Possible changes to make it harder to bring temporary foreign workers into Canada may force some restaurants to curb their hours or even shut down, and could hamper important exports if not properly structured, employers groups warned on Friday.

  • May 16- Darden Restaurants Inc said it would sell Red Lobster to private equity firm Golden Gate Capital for $2.1 billion in cash, defying activist investors who opposed plans to shed the struggling seafood chain.

  • Hotel, airfare prices rise as more plan summer travel Friday, 16 May 2014 | 10:45 AM ET
    Lesia, Greg and Evan Bryant in New York City during their three-week road trip.

    The recession finally appears to be in the rear-view mirror for American travelers, many of whom will even indulge in upgrades, according to new industry reports.

  • 'Massive growth' in high-end travel: Pro     Friday, 16 May 2014 | 5:20 AM ET

    Paul James, global brand leader for luxury at Starwood Hotels Group, discusses the growth of high-end, premium travel brands and says the group is expanding fast and incorporating new technologies.

  • BOSTON, May 15- Chipotle Mexican Grill Inc failed to win a majority of shareholder support for its executive pay on Thursday, a noteworthy rebuke for the Denver restaurant chain that has been one of its industry's top performers.

  • The strike is the latest in a series of U.S. protests over the past 18 months that have targeted fast-food restaurant operators, including McDonald's Corp and Burger King Worldwide Inc.. "I have done so much for Burger King and I don't make enough to pay the rent." Castellanos said she has worked for Burger King for 10 years and makes $10 an hour.