TORONTO, June 18- Canada's Tim Hortons Inc is under mounting pressure from activist investors to boost shareholder value a few weeks before a new CEO takes over after a second hedge fund said it had amassed a big stake in the coffee and doughnut chain.» Read More
Net income at the world's biggest restaurant chain rose to $1.40 billion, or $1.38 per share, from $1.38 billion, or $1.33 per share, a year earlier.
McDonald's reported quarterly earnings and revenue that beat analysts' expectations on Wednesday, but warned that it sees sales lower early in the first quarter.
Jan 23- McDonald's Corp on Wednesday forecast a decline in global restaurant sales for January, as it and other fast-food chains fight for customers who are spending cautiously during continued economic uncertainty.
*Christmas Day openings, McRib schedule boosted U.S. in December. Jan 22- McDonald's Corp is running out of quick-fix strategies for stemming declines in U.S restaurant sales inflicted by tougher competition for customers who are pinching pennies in a weak economic recovery. McDonald's posts December sales and fourth-quarter earnings on Wednesday.
*CEO says Brinker has won market share. Jan 22- Chili's Grill& Bar parent Brinker International Inc on Tuesday reported slower-than-expected quarterly sales growth at established restaurants as fewer diners came through its doors, sending its shares down more than 4 percent.
Ian Carter, president of development at Hilton Worldwide, discusses how private equity has benefited Hilton and where the company is positioned within the industry. "In the last 4 to 5 years, we have added 1,000 hotels to our portfolio," he said.
*CEO says Brinker has won market share. Jan 22- Chili's Grill& Bar parent Brinker International Inc on Tuesday reported quarterly sales at established restaurants that rose less than expected despite help from higher menu prices, lifting profit only modestly.
Norwegian Cruise Line competes with Carnival Corp and Royal Caribbean Cruises Ltd. It operates 11 ships and cruises, which range in length from one day to three weeks. In 2008, Apollo and TPG purchased a stake in Norwegian Cruise Line for $1 billion.
Jan 18- Global cruise line operator Norwegian Cruise Line Holdings Ltd's shares rose 32 percent in their Nasdaq debut on Friday. Shares opened at $25.10 after the Apollo Global Management LLC and TPG-backed company raised $446.5 million. Norwegian Cruise shares priced at $19, above their expected range of $16 to $18.
NEW YORK, Jan 16- Healthy hotels, wellness tourism and the holistic medicine system Ayurveda are expected to be the among the top spa trends in 2013, according to a report that tracks the $73 billion global industry.
Clem Bason, Hotwire Group president, dispels several misconceptions about the cost of booking a last minute trip.
Jan 16- A Cheesecake Factory pasta dish with 3,120 calories- or more than a day and a half of the recommended caloric intake for an average adult- is among the headliners on this year's Xtreme Eating list of the most unhealthy dishes at U.S. chain restaurants.
Jan 16- A Cheesecake Factory pasta dish with more than 3,000 calories- or more than a day and a half of the recommended caloric intake for an average adult- is among the headliners on this year's Xtreme Eating list of the most unhealthy dishes at U.S. chain restaurants.
*Yum says bad publicity in China hit 4 Q sales harder than expected. SHANGHAI, Jan 10- Fast-food chain KFC's parent Yum Brands Inc apologised to customers in China over its handling of a recent food scare that has hit the company's sales in its biggest market.
The Global Business Travel Association's outlook forecasts U.S. business travel to rise 4.6 percent in 2013, fueled by growth in international travel and group travel.
LOS ANGELES, Jan 8- KFC parent Yum Brands Inc said it had stopped using chicken from suppliers in China that are now under a government investigation before the review was even announced and analysts said they expect the company to recover from the business hit in its biggest market.
LOS ANGELES, Jan 8- KFC parent Yum Brands Inc said it had stopped using chicken from suppliers in China that are now under a government investigation before the review was even announced, and analysts said they expect the company to recover from the business hit in its biggest market.
Major hotel chains are building properties featuring two hotels in one location to save on development costs during tough economic times.
First, NerdWallet tackled the job of simplifying personal finance. Now, they're trying to take some of the aggravation out of air travel with a new venture -- TravelNerd.
As ancient doomsday predictions draw near, hotels and restaurants are launching tongue-in-cheek promotions to profit from the fiery apocalypse forecasts surrounding Dec. 21, one Mayan Calendar's end date.