Oct 1- An affiliate of Brookfield Asset Management won the auction for Atlantic City, New Jersey's bankrupt Revel Casino Hotel with a $110 million bid, but within hours the losing bidder told Reuters he planned to fight the sale. Asked if he would challenge the auction result in court, Florida developer Glenn Straub told Reuters by phone: "absolutely."» Read More
Europe's AC Hotels are coming to the United States in hopes of luring the millennial business traveler.
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.
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.
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.
New York Attorney General Eric Schneiderman is trying another tack in pursuit of people who may be illegally renting their residences via Airbnb.
The strike will be the latest in a series of protests over the past 18 months in the United States that have targeted fast-food restaurant operators, including McDonald's Corp and Burger King Worldwide Inc.. Jessica Davis, 25, a single mother of two who earns $8.98 an hour as a crew trainer at a Chicago McDonald's restaurant, said she needs more to make ends meet.
The top nonstop destinations from the United States were Canada, Mexico, United Kingdom, Germany and Japan, based on flight schedules. Travel by air "remains one of the best consumer bargains in America, given its superior speed and affordability," John Heimlich, chief economist at Airlines for America, said in a statement.
A New York judge ruled in favor of Airbnb Tuesday in its ongoing fight with the state's attorney general.
The protest against the Beverly Hills Hotel and Bel-Air Hotel continues to grow.
*Co raises FY profit forecast to $0.64- $0.67/ share from $0.57- $061. May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after increasing business and leisure travel in the United States allowed the company to charge more for its rooms in the first quarter.
May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after strong business and leisure travel helped the company post better-than-expected quarterly results. Marriott International Inc and Hyatt Hotels Corp have also reported better-than-expected first-quarter earnings.
May 9- Hilton Worldwide Holdings Inc's quarterly profit nearly quadrupled as increased business and leisure travel drove up occupancy and room rates.
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.
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.
Corporate expense reports are seeing an eye-popping rate of growth from employees using sharing-economy businesses.