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Hotels, Restaurants and Leisure

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  • McDonald's serves up massive dividend, buyback plan Wednesday, 28 May 2014 | 9:28 AM ET

    McDonald's said it plans to return $18 billion to $20 billion to shareholders between 2014 and 2016 through a combination of dividends and share repurchases.

  • European equities set new highs; leisure shares help Tuesday, 27 May 2014 | 12:45 PM ET

    *Intercontinental Hotel Group gains on M&A talk. LONDON, May 27- European shares rose to multi-year highs on Tuesday, bolstered by U.S. economic data, mergers and acquisitions talk and expectations of more policy easing by the European Central Bank.

  • Starwood's overseas strategy     Tuesday, 27 May 2014 | 10:06 AM ET

    Discussing if big U.S. hotel chains will attempt to domicile overseas to avoid paying U.S. taxes, with Patrick Scholes, SunTrust.

  • *Travel and leisure index top gainer in Europe. The STOXX Europe 600 Travel and Leisure index rose to its highest since 2007 and was up 1.2 percent by 1042 GMT, the best sectoral gainer in Europe, led by Intercontinental Hotel Group after media reported deal interest from an unidentified bidder in the United States.

  • *Accor has no plan to sell HotelInvest, brands for now- CEO. *HotelInvest buys 97 hotels in Europe for 900 mln euros- Accor. PARIS, May 27- Europe's largest hotel group, Accor, has no plans to spin off its HotelInvest real estate business or sell any of its hotel brands, but "nothing is taboo" in the long term, Chief Executive Sebastien Bazin said.

  • How hotels are getting you to spend more Sunday, 25 May 2014 | 12:00 PM ET

    Check-in is only the start of hotel spending. Guests are paying more for cocktails, massages and other extras.

  • 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.