GO
Loading...

Enter multiple symbols separated by commas

Hotels, Restaurants and Leisure

More

  • Chinese airlines look inland for outbound opportunities Wednesday, 13 May 2015 | 11:19 PM ET

    By Fang Yan and Matthew Miller BEIJING, May 14- Chinese airlines are banking on the newly rich in China's inland provinces to drive the next phase of their global expansion, offering flights to destinations like San Jose and Nairobi from cities hundreds of miles from aviation hubs on the Chinese coast. Air China, China Eastern Airlines and China Southern...

  • May 13- Hamburger chain Shake Shack Inc reported a surprise quarterly profit, as they raised prices for their hormone- and antibiotic-free burgers, popular with increasingly health-conscious U.S. customers. Shake Shack, known for its rich milkshakes and crinkle fries, has carved out a niche for itself by offering fresher, better quality food, for which diners...

  • May 13- Hamburger chain Shake Shack Inc reported a surprise quarterly profit and better-than-expected revenue as increasingly health-conscious U.S. customers opted for its hormone- and antibiotic-free burgers. A meal for two at a Shake Shack restaurant costs about $30, considerably more than a meal at fast-food chains such as McDonald's Corp..

  • Shake Shack first-quarter revenue jumps 56 percent Wednesday, 13 May 2015 | 4:08 PM ET

    May 13- Hamburger chain Shake Shack Inc reported a 56 percent rise in quarterly revenue, as increasingly health-conscious U.S. customers opted for its hormone- and antibiotic-free burgers. The company reported a $12.7 million net loss attributable to Shake Shack, or $1.06 per share, in the first quarter ended April 1, compared with a profit of $1.1 million, or 4...

  • Disruptor 50: No. 5 Airbnb Tuesday, 12 May 2015 | 7:00 AM ET
    (Left to right) Brian Chesky, Nathan Blecharczyk and Joe Gebbia, co-founders of Airbnb

    This online marketplace, which allows people with extra space to rent rooms to visitors around the world, may be getting primed for an IPO.

  • PARIS, May 11- Accor, Europe's largest hotel group, said on Monday it had sealed a deal to open a luxury hotel in Cuba, the 518- room Pullman Cayo Coco, near the Caribbean island's international airport. Accor, which has been operating in Cuba for nearly 20 years, already manages two mid-scale Mercure hotels there, the 178- room Mercure Sevilla Havana in Habana Vieja...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion, as investor appetite for "fast-casual" dining chains continues unabated. Bojangles, which operates in the fastest-growing but crowded restaurant segment, serves southern U.S.-inspired food, including buttermilk...

  • May 8- Shares of Bojangles Inc rose as much as 47 percent in their debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion as investor appetite for "fast-casual" dining chains continues unabated. Bojangles' rousing debut follows the January listing of cult hamburger chain Shake Shack Inc, whose shares have risen about 44 percent since the...

  • Bojangles shares jump 47 pct in debut Friday, 8 May 2015 | 10:22 AM ET

    May 8- Shares of Bojangles Inc rose as much as 47 percent in its debut, valuing the chicken-and-biscuits restaurant chain at nearly $1 billion. Advent's stake in Bojangles fell to about 74 percent after the offering from nearly 95 percent. Bojangles' shares were at $41.26 shortly after trading began on the Nasdaq on Friday.

  • McDonald's April restaurant sales fall 0.6 pct Friday, 8 May 2015 | 8:04 AM ET

    May 8- McDonald's Corp's worldwide sales at established restaurants fell 0.6 percent in April as the fast-food giant fights to lure back customers and boost sales. The United States is McDonald's top region for profit. That included an expected 2.3 percent drop in the United States.

  • May 7- Chicken-and-biscuits restaurant chain Bojangles' Inc said its initial public offering of common shares was priced at $19, valuing the company at about $680 million.. The fast-casual restaurant chain's IPO raised about $147 million, with the majority of the proceeds going to its controlling shareholder, private equity firm Advent International Corp..

  • Checking in with Choice Hotels: CEO Thursday, 7 May 2015 | 8:16 AM ET
    Checking in with Choice Hotels: CEO

    Steve Joyce, Choice Hotels International CEO, discuss the company's quarterly results and its new brand identity.

  • LAS VEGAS, May 6- Billionaire investor Daniel Loeb said on Wednesday that he sees room for restaurant chain company Yum! Brands to potentially split off its China business, but said he is not pushing for that now. Keith Meister, who runs $8 billion hedge fund Corvex Management, said earlier this week that his firm had built up a stake of more than 15 million shares in...

  • LOS ANGELES, May 6- McDonald's Corp, which is testing a variety of new food products as part of its turnaround effort, on Wednesday said nine southern California restaurants are trying out breakfast bowls made with what is becoming a state dietary staple: kale. McDonald's rivals Chipotle Mexican Grill Inc and other quick-service chains such as Yum Brands Inc's...

  • McDonald's Southern California restaurants testing kale Wednesday, 6 May 2015 | 3:16 PM ET

    LOS ANGELES, May 6- McDonald's Corp, which is testing a variety of new food products as part of a major turnaround effort, on Wednesday said nine southern California restaurants are trying out breakfast bowls made with what is becoming a state dietary staple: kale. McDonald's rivals Chipotle Mexican Grill Inc and other quick-service chains such as Jack in the Box...

  • Restaurant chain operator Wingstop files for IPO Wednesday, 6 May 2015 | 12:33 PM ET

    May 6- Restaurant chain operator Wingstop Inc filed with U.S. regulators on Wednesday to raise up to $86.25 million in an initial public offering of its common stock. The company has spread its wings to Indonesia, Mexico, the Philippines, Russia and Singapore, housing a total of 41 franchised restaurants outside the United States. Morgan Stanley, Jefferies and...

  • *Profit $0.06 per share vs est. May 6- Wendy's Co, the No.3 U.S. burger chain, reported better-than-expected quarterly same-restaurant sales, helped by increased traffic to its revamped outlets, and the company said it planned to sell its bakery operations this month. Wendy's launched a program in 2012 to revamp its image, creating a new logo, renovating...

  • May 6- Wendy's Co, the No.3 U.S. burger chain, reported better-than-expected same-restaurant sales for the first quarter and said it planned to sell its bakery operations in the current quarter. Wendy's, like other burger chains including McDonald's Corp and Burger King Corp, has been selling many company-owned restaurants to franchisees to cut costs and...

  • May 5- Guests checking into a hotel run by one of the top chains in the United States can expect to pay 5 percent more this year than last as a brighter economy pushes occupancy to record highs. Hyatt Hotels Corp on Tuesday joined Hilton Worldwide Holdings Inc, Marriott International Inc and Starwood Hotels& Resorts Worldwide Inc in forecasting that group...

  • But investors have pushed the shares of some of those restaurants- Shake Shack Inc, Zoe's Kitchen Inc and Habit Restaurants Inc- to sky-high levels that imply growth expectations that may prove hard for the management to deliver. Shake Shack- the big outperformer- is up 260 percent since it went public at the end of January. Based on the number of locations open at...