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  • PARIS, Dec 14- French hotel operator Accor announced a strategic alliance with China Lodging Group on Sunday to create a major new player in the fast-growing Chinese domestic travel and hospitality market. The partnership "will leverage the strengths of Accor's global brands with a leading player in Chinese hospitality," Accor Chairman and Chief Executive...

  • PARIS, Dec 14- French hotel operator Accor announced a strategic alliance with China Lodging Group on Sunday to create a major new player in the fast-growing Chinese domestic travel and hospitality market. The deal will combine the French hotel operator's brands including Ibis with more than 2,000 existing establishments run by China Lodging's Huazhu...

  • Playing the numbers—with marriage—on a lucky day Saturday, 13 Dec 2014 | 12:34 PM ET

    Saturday is the last numerically sequential date in the calendar for nearly two decades, sending wedding demand soaring.

  • Dec 11- Yum Brands Inc said on Thursday its sales at established restaurants in China dropped 15 percent in November but are improving from that level this month. "Our No. 1 priority is the China turnaround," Chief Executive Officer David Novak said at the company's investor and analyst conference in New York City. Yum, the owner of the KFC and Pizza Hut chains, is the...

  • Harvard prof had another food fight: Report Thursday, 11 Dec 2014 | 8:56 AM ET
    Benjamin Edelman in 2005

    Harvard's Benjamin Edelman, who apologized for an email blitz over a $4 overcharge, had a previous fight with another eatery, Boston.com reports.

  • WASHINGTON, Dec 11- Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnuts chain Tim Hortons, a tax activist group said on Thursday. In one of the most notable of several corporate tax "inversion" deals this year, Florida- based Burger King announced in late...

  • Hilton Worldwide in talks to buy four hotels - Bloomberg Wednesday, 10 Dec 2014 | 4:25 PM ET

    Dec 10- Hilton Worldwide Holdings Inc is in talks to buy four properties from Blackstone Group LP and others for deferring tax payments from the sale of its Waldorf Astoria hotel in New York, Bloomberg reported. The company is planning to buy San Francisco's Parc 55 Wyndham, two Waldorf Astoria resorts in Key West and one in Orlando, Florida, the report said, citing...

  • Dec 10- The new proposed buyer for the shuttered Revel Casino Hotel said Wednesday that he will not give up his legal challenge to the auction of the Atlantic City, New Jersey, complex even though the winning bidder walked away from the deal. Revel filed papers overnight seeking approval to terminate its deal with Brookfield Property Partners LP and schedule a...

  • UPDATE 3-McDonald's to pare U.S. menus, ingredient lists Wednesday, 10 Dec 2014 | 2:49 PM ET

    Dec 10- McDonald's Corp said on Wednesday it plans to cut the number of items on its U.S. menus and use fewer ingredients in food as it moves to speed up service, bolster sales and offer consumers personalized options to compete better with Subway and Chipotle Mexican Grill. The company is testing its slimmed-down menus in six markets, including Bakersfield,...

  • Dec 10- McDonald's Corp in January will cut eight food items and reduce the number of so-called Extra Value Meals on its U.S. menus in a bid to speed up service and bolster sales, Mike Andres, the company's U.S. president, said on Wednesday. The company is testing its slimmed-down menus in six markets, including Bakersfield, California, and Knoxville, Tennessee, a...

  • Burger wars: Chain bets on 'natural' beef Wednesday, 10 Dec 2014 | 10:16 AM ET
    Carl’s Jr. "All-Natural Burger".

    Carl's Jr. has no antibiotics, no steroids, no added hormones and comes from grass-fed, free-range cattle. USA Today reports.

  • KFC calls on Chinese diners to inspect its kitchen Wednesday, 10 Dec 2014 | 3:59 AM ET

    SHANGHAI, Dec 10- KFC has a message for Chinese diners worried about eating their fried chicken after a safety scare at the fast food chain: come see how we operate for yourself. China is the biggest market by sales for KFC's parent Yum Brands Inc, but sales have slowed since July after a television report alleged that workers at a Yum supplier were adding expired...

  • Dec 10- Shuttered Revel Casino Hotel filed an emergency motion late on Tuesday, seeking approval to terminate its deal with Brookfield Property Partners LP and schedule a hearing to approve the sale to backup bidder Polo North Country Club Inc.. Brookfield won the auction for Atlantic City, New Jersey's bankrupt Revel with a $110 million bid in October,...

  • Dec 9- Yum Brands Inc lowered its profit forecast for the year for the second time, hurt by slower-than-expected sales recovery in China following a food safety scare in July. A television report early July showing improper meat handling by supplier Shanghai Husi Food scared away customers in China, Yum's biggest market by sales. U.S.-based fast-food chains...

  • 'Mistletoe' drone at TGI Fridays injures woman Tuesday, 9 Dec 2014 | 12:20 PM ET
    The drones were intended to hover over couples and inspire a little "mobile mistletoe mischief," according to TGI Fridays.

    The drone at a Brooklyn TGI Fridays was intended to inspire couples to get romantic, but a piece of customer's nose was chipped off instead.

  • Dec 8- McDonald's Corp reported a steeper-than-expected fall in global same-restaurant sales in November and said current-quarter results would be hurt by the after-effects of a supplier scandal in China and a stronger dollar. The world's largest restaurant chain has been battling competition from Wendy's Co and Burger King Worldwide Inc as well as from...

  • Dec 8- McDonald's Corp reported a steeper-than-expected fall at global established restaurants in November, hurt by increased competition in the United States and the after-effect of a supplier scandal in China. Shares of the world's largest restaurant chain by revenue fell 2.4 percent in premarket trading. McDonald's worldwide sales at restaurants open...

  • IHG agrees to sell Paris-Le Grand to Constellation Monday, 8 Dec 2014 | 2:14 AM ET

    LONDON, Dec 8- InterContinental Hotels Group, one of the world's largest hoteliers, said on Monday it had agreed to sell its Paris- Le Grand hotel for 330 million euros to Constellation Hotels. IHG said it had accepted the offer from Constellation, which was announced in August, following a period of consultation with employees. The deal is expected to complete by...

  • These are the most-searched vacation spots of 2014 Thursday, 4 Dec 2014 | 1:53 PM ET
    Showgirls at famous Las Vegas welcome sign

    Yahoo has reported the most searched destinations on its website for 2014.

  • Dec 4- Workers in the fast-food, home care and airline industries are staging protests and strikes throughout the United States on Thursday to advocate for a $15 minimum wage and other labor rights. Workers are expected to stage strikes and walkouts at both fast-food restaurants like McDonald's, Burger King and Wendy's, and major airports like John F. Kennedy...