International tourism to the United States was up 9 percent in the first half of this year. Could Ebola fears reverse that trend in the coming months?» Read More
TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong quarterly same-store sales growth in both the United States and Canada.
Shangri-La Hotels & Resorts remains committed to luxury despite growing concerns about weak fundamentals in the Chinese hotel market.
Greg Dogan, President & CEO of Shangri-La Hotels & Resorts, says the new hotel brand is targeted at the millennial market.
Responding to a request from a millennial, Marriott is testing a new grab-and-go healthy option for its lobby.
DUBAI, Sept 13- Dubai retailing and restaurants group Marka will list its shares on the Dubai Financial Market on Sept. 25 in the market's first flotation for five years, the company said on Saturday.
The restaurateur who publicly blasted LeSean McCoy for leaving a 20-cent tip told CNBC he won't apologize for starting the controversy.
The peer-to-peer home-sharing website Airbnb faces new opposition in New York.
Sept 12- Olive Garden owner Darden Restaurants Inc on Friday reported a quarterly loss, but its results were overshadowed by activist investor Starboard Value LP's release of its revised plan to boost Darden's profit and stock price.
Contemporary artist Domingo Zapata, and Scott Gerber, Gerber Group CEO, discuss the launch of "Studio" at the W New York Union Square hotel. Zapata used the lounge as his personal canvas to paint his interpretation of "Alice in Wonderland."
TOKYO, Sept 11- Rakuten Inc, Japan's largest e-commerce company, has been actively considering launching a service like website Airbnb that would provide a hub to rent apartments and homes in Japan to short-term guests, two people with knowledge of the developing plans told Reuters.
Vail Resorts on Thursday agreed to buy out Park City Mountain Resort for $182.5 million in cash.
Sept 10- Atlantic City's Revel casino-hotel, which closed earlier this month after filing for bankruptcy, reached a deal to sell itself to a Florida developer for $90 million in cash, a fraction of the billions of dollars it cost to build.
Sept 10- Atlantic City's Casino Hotel, which closed earlier this month after filing for bankruptcy, reached a deal to sell itself to a Florida developer for $90 million in cash, according to court documents on Wednesday.
*Comes after a string of disappointing Tokyo debuts. TOKYO, Sept 10- Japan's largest recruitment company Recruit Holdings said it is planning an initial public offering worth $1.8 billion, which will test investor appetite for big Tokyo listings after some weak debuts this year.
Beijing's anti-graft drive only impacts government spending, says Simon Cooper, President & MD, Asia Pacific at Marriott International, adding that China is still seeing fantastic growth.
The company that owns the bottom of Park City's most popular ski resort has agreed to pay a $17.5 million bond to maintain access to the top.
Sept 9- McDonald's Corp reported a fall in sales at established restaurants across all regions in August, the fifth such monthly drop since CEO Don Thompson took the helm in July 2012.
NEW YORK, Sept 9- Shares of McDonald's Corp are lower in premarket trading on Tuesday, with the fast food giant down 0.6 percent at $91.95 in the wake of its August sales data. McDonald's is the third-worst performing Dow component in 2014, behind only General Electric and Boeing Co..
In a statement on Tuesday, McDonald's Japan said sales at stores open at least 13 months dropped 25.1 percent in August, while the number of customers fell 16.9 percent, mainly due to concerns about food safety. "At the moment, we don't know how long the impact will last," a McDonald's Japan spokeswoman added.
ATLANTA, Sept 8- S. Truett Cathy, the founder of the Chick-fil-A fast-food chain known for its chicken sandwiches as well as for its president's public opposition to gay marriage, died on Monday at age 93, the company said.