Marriott is opening the tallest hotel in America in New York City, with CNBC's Sue Herera. Janis Milham, Marriott Courtyard vp and global brand manager, provides insight.» Read More
McDonald’s is getting grilled over its employee advice, after suggesting returning purchases and bringing a sack lunch.
The fast-food giant is not offering the cult favorite nationally but instead will let franchisees choose whether or not to put it on their menu.
Nov 21- Activist investor group Barington Capital Group stepped up its push for change at restaurant chain and Olive Garden parent Darden Restaurants Inc on Thursday.
Barington, which leads a group of shareholders that own a combined 2 percent stake in the Olive Garden and Red Lobster parent, also said it is working with proxy solicitation firm MacKenzie Partners.
Nov 20- Yum Brands Inc said it would combine the U.S. and international divisions of KFC, Pizza Hut and Taco Bell and keep its China and India units separate as part of a reorganization. The reorganization will be effective from Jan. 1 and beginning fiscal year 2014, the company will report results for KFC, Pizza Hut and Taco Bell and for its China and India divisions.
NEW YORK, Nov 19- Goldman Sachs Group Inc's private equity arm is nearing a deal to acquire events services company PSAV Presentation Services for close to $900 million, according to people familiar with the matter.
NEW YORK, Nov 19- Goldman Sachs Inc's private equity arm is nearing a deal to acquire events services company PSAV Presentation Services for close to $900 million, according to people familiar with the matter.
Restrooms are marketing tools. Everyone notices a great restroom, because it's an oddity, which is strange, considering the time we spend there.
Business travelers on the go know it's sometimes difficult to find a welcoming and clean place to, uh, go. Here are the 10 best public restrooms
Democratic Senator Patrick Leahy of Vermont, chair of the Judiciary Committee, and Senator Mike Lee, a Republican from Utah, introduced a bill that would require patent holders to disclose ownership and allow manufacturers to step into lawsuits to protect customers accused of using an infringing device, the two lawmakers said in a statement.
NEW YORK, Nov 18- TriArtisan Capital Partners is in the lead to acquire CKE Inc, the restaurant group that owns the Carl's Jr and Hardees fast food chains, in a deal approaching $2 billion, according to people familiar with the matter.
CNBC's Mandy Drury reports on Africa's first underwater hotel room at the Zanzibar resort.
McDonald's is launching a new experiment with premium-quality, build-your-own-burgers, The Orange County Register reported.
Passengers are spending more at airports, due in part to unique offerings. In 2012 travelers spent $630 million on retail items in U.S. terminals.
McDonald's plans to spend up to $3 billion next year to open 1,500 new restaurants and remodel 1,000 others.
Nov 14- McDonald's Corp on Thursday said it plans to spend $2.9 billion to $3 billion next year to open 1,500 to 1,600 new restaurants and remodel about 1,000 others- roughly in line with this year's reduced spending forecast.
Nov 13- Shares of Extended Stay America Inc rose as much as 19 percent in their market debut on Wednesday, valuing the hotel chain at about $4.8 billion as investors bet on the recovery in the U.S. hotel sector.
Former Starbucks CEO and current Extended Stay America CEO Jim Donald, celebrates his IPO day at the NYSE. "We will end Q1 of 2014 with over 50 percent of our properties with platinum renovations," he says.
Nov 13- Shares of hotel chain Extended Stay America Inc rose as much as 15 percent in their market debut, valuing the company at about $4.6 billion. Extended Stay shares opened at $22.75 and touched a high of $22.96 on the New York Stock Exchange on Wednesday. Deutsche Bank, Goldman Sachs and J.P. Morgan were the lead underwriters for the offering.
Nov 12- Mountain resort operator Intrawest Resorts Holdings, owned by private equity firm Fortress Investment Group LLC, filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock.