*Hotel helps Paris compete against others luxury capitals. It is part of a battle to attract Asia's new class of super-rich that not only pits the world's top hotel groups against each other but also cities such as Paris, New York and London.» Read More
Mike DeNoma, CEO of GLH, comments on the launch of the brand's new luxury hotels, based on research which showed customers wanted more personalized services and world-class technology.
Herve Humler, Ritz-Carlton president & COO, shares his thoughts on luxury lodging and reveals his company's new development plan to increase the number of properties to 100 by 2016.
Darden Restaurants reported a lower profit and higher sales, and said President and Chief Operating Officer Drew Madsen would retire.
Business travel has gotten a whole lot more interesting as hotel owners begin offering guest more exotic accommodations, reports CNBC's Becky Quick.
Vasant Prabhu, Starwood Hotels & Resorts CFO, and Brian Tierney, American Electric Power CFO, share their thought on how the Fed's tapering policy and health care reform are impacting their businesses.
A growing number of airports are getting spiced up with visits from food trucks. Some airport cellphone lots are even offering car washing and auto detailing.
Hotel operator Hilton Worldwide Holdings plans to raise $1.25 billion from an initial public offering of its common stock.
Caesars Entertainment CEO Gary Loveman explains how legitimate betting could be commercially "very appealing" to many sports teams.
Gary Loveman, Caesars Entertainment chairman & CEO, says Vegas is coming back and shares his plans on expanding his gaming empire through non-gambling activities.
Caesars Entertainment chairman and CEO Gary Loveman discusses what his company has learned by collecting information on customers.
McDonald's is now testing a mobile payment application at its Salt Lake City and Austin, Texas, stores, the company said.
Airports have been upgrading their restaurant offerings to meet travelers' changing tastes. Food revenue at airports now ranks third in non-aeronautical revenue.
Middle-of-the-night cupcake cravings used to go unnoticed but now, no more! New York is getting a 24-7 cupcake ATM.
Starbucks says it will start rolling out its own brand of snack bars and fruit pouches, marking yet another push into the packaged food category.
The low-budget, amenity-rich Yotel hotel chain has announced plans for a 600-room property in Singapore and plans more locations in the United States and Europe.
Taco Bell has already sold 600 million of its Doritos-flavored shells in 18 months and will add a new flavor Aug. 22: "Fiery."
With fast-casual restaurants growing at a sprint while fast-food counterparts moving at a slow jog, the latter group is entering the race to open more premium concepts.
Orbitz reported better-than-expected earnings today, citing an increase in hotel and vacation bookings. CNBC's Simon Hobbs, and Barney Harford, Orbitz Worldwide president & CEO, discuss.
McDonald's on Thursday reported July sales at its established restaurants around the world that were slightly higher than analysts had projected.
Arne Sorenson, Marriott International CEO & president, discusses what's pushing shares higher despite a cut in full-year profit forecast. "What we see is the individual business traveler is back on the road" and "families are back taking vacations together," Sorenson added, but near-term he sees some "softness."