Hotels, Restaurants and Leisure
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Restaurant owners are worried that a tough new drunk driving law, which would make it illegal to drive with at blood-alcohol content level above 0.05, may hurt their business.
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May 3- Host Hotels& Resorts Inc:. *J.P. Morgan raises price target to $21 from $20; rating overweight. Reuters Station users, click. 1568.
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May 3- Host Hotels& Resorts Inc:. *SunTrust Robinson raises price target to $19 from $18; rating neutral. Reuters Station users, click. 1568.
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May 3- Host Hotels& Resorts Inc:. *Cantor Fitzgerald raises price target to $22 from $19; rating buy. Reuters Station users, click. 1568.
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May 3- InterContinental Hotels Group PLC:. *Morgan Stanley raises price target to 2300 p From 2200 p; rating overweight. For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on RCH/ EUROPE Reuters 3000 Xtra users, double-click RCH/ EUROPE Reuters Station users, click. 1580.
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May 3- City Lodge Hotels Ltd:.
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May 3- Orient-Express Hotels Ltd:. *JP Morgan cuts price target to $11 from $12; rating neutral. Reuters Station users, click. 1568.
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May 2- Good Times Restaurants Inc:. Good Times sales increase 11.4% in April with record snowfall. *Says same store sales increased 11.4% in April.
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HONG KONG, May 2- Hong Kong property developer New World Development plans to spin off and list three of its hotel properties in a initial public offering in Hong Kong. NW Hotel Investments will initially focus on Hong Kong but will also look to invest in internationally branded hotels in Asia.
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May 2- Starbucks Corp on Thursday announced a raft of management changes, including a beefing up of its team for the fast-growing China and Asia Pacific region, where it plans to add about 600 new cafes this year.
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May 2- Hyatt Hotels Corp:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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May 2- Hyatt Hotels Corp:. *FBR cuts price target to $41 from $43; rating market perform. Reuters Station users, click. 1568.
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M&C, with 100 hotels globally, on Thursday said trading in Asia, where it makes 40 percent of its revenue, had suffered from slower growth in China, falling tourist numbers in South Korea and a host of problems in its biggest market, Singapore.
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May 2- These are some of the leading stories in Hong Kong newspapers on Thursday. --Park Hotel Group hoped to secure five hotel management contracts in Hong Kong, said Chief Executive Allen Law, without specifying a time frame.
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May 1- Hyatt Hotels Corp:. *SunTrust Robinson cuts price target to $45 from $47; rating neutral. Reuters Station users, click. 1568.
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May 1- Hyatt Hotels Corp:. *Deutsche Bank cuts price target to $46 from $48; rating buy. Reuters Station users, click. 1568.
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May 1- Strategic Hotels and Resorts Inc:. *Raymond James raises target price to $9.00 from $8.50; rating outperform. Reuters Station users, click. 1568.
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Nevada has become the first state to legalize online poker play for residents of legal age. Many other states will follow suit if sites such as UltimatePoker.com prove successful.
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Hotels, airports and airlines are struggling to meet traveler demand for Wi-Fi. But with networks overloaded and passengers frustrated, how much will fliers pay to log on?
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May 1- Starwood Hotels& Resorts Worldwide Inc:. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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May 1- Del Frisco's Restaurant Group Inc:. *Raymond James raises to strong buy from outperform. *Raymond James raises price target by $2 to $22.