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Hotels, Restaurants and Leisure

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  • Hilton Worldwide CEO: Looking at possible REIT Monday, 1 Jun 2015 | 1:14 PM ET
    A pedestrian walks past a Hilton Worldwide Holdings hotel in San Francisco.

    CEO Christopher Nassetta says Hilton Worldwide is seriously considering spinning off its $13 billion in properties into a real estate investment trust.

  • The fast-food chain will serve breakfast 5 a.m. to 9 a.m. weekdays, and 5 a.m. to 11 a.m. on weekends. The U.S. Department of Agriculture says confirmed outbreaks in the Midwest have cost chicken and turkey producers more than 44 million birds. Major chains such as Taco Bell, Dunkin' Donuts and IHOP say they're monitoring the situation but haven't yet been affected.

  • The 'LeBron Effect' turns out to mean real dollars Monday, 1 Jun 2015 | 11:41 AM ET
    LeBron James drives against DeMarre Carroll of the Atlanta Hawks during Game 3 of the Eastern Conference Finals at Quicken Loans Arena on May 24, 2015.

    As LeBron James and the Cleveland Cavaliers gear up for 2015 NBA Finals, the team's investment in the 11-time NBA All-Star appears to be paying off.

  • Focused on quality of growth: Four Seasons CEO   Monday, 1 Jun 2015 | 10:51 AM ET
    Focused on quality of growth: Four Seasons CEO

    Allen Smith, Four Seasons Hotels & Resorts CEO, joins CNBC's Simon Hobbs to discuss the outlook on business and expectations on service.

  • BEIJING— Restaurant operator KFC said Monday it filed a lawsuit against three companies in China whose social media accounts spread false claims about its food, including that its chickens have eight legs. KFC's China CEO Qu Cuirong said in a statement that it was hard for companies to protect their brands against rumors because of the difficulties in...

  • NEW YORK— Carl's Jr. and Hardee's ads starring nearly naked women have become a part of American culture, according to Andy Puzder, CEO of the chains' parent company. Others, such as Heidi Klum and Padma Lakshmi, were already famous. CKE Restaurants, the parent company of Carl's and Hardee's, is privately held and doesn't disclose financial results.

  • NEW YORK— Carl's Jr. and Hardee's ads starring nearly naked women have become a part of American culture, according to Andy Puzder, CEO of the chains' parent company. Others, such as Heidi Klum and Padma Lakshmi, were already famous. CKE Restaurants, the parent company of Carl's and Hardee's, is privately held and doesn't disclose financial results.

  • PAINESVILLE, Ohio— An assault suspect who pepper-sprayed someone in the face at a fast-food restaurant received similar treatment in court as punishment from a Cleveland- area judge embracing the principle of "an eye for an eye." Painesville Municipal Court Judge Michael Cicconetti on Thursday told Diamond Gaston she could serve 30 days in jail or be...

  • MGM's Clark Dumont confirmed that preliminary votes showed all of the casino-hotel company's 11 incumbent directors were re-elected. Land and Buildings withdrew its election fight May 20, saying it was encouraged by steps MGM was taking. Dumont says MGM CEO Jim Murren told shareholders at the meeting that the company has been looking at the real estate...

  • Ban reversed: Leftovers now OK on Norwegian Cruise Line Wednesday, 27 May 2015 | 2:33 PM ET

    MIAMI— Norwegian Cruise Line is reversing course on a ban on doggie bags. The Miami Herald reports that the cruise line upgraded its room service offerings this spring but added a $7.97 charge per order. Information from: The Miami Herald, http://www.herald.com.

  • Traveling with your dog will cost you _ sometimes hundreds Wednesday, 27 May 2015 | 10:35 AM ET

    LOS ANGELES— Having an 80- pound Labradoodle as a travel buddy means B.L. Ochman can quickly separate the hotels that love dogs from those that just put up with them. A bed-and-breakfast she visited north of New York City wouldn't let her pooch Benny trot around in the main house, among other troubles. Ochman, a Manhattan Internet strategist, has since discovered...

  • May 27- McDonald's Corp will stop reporting monthly same-store sales after June to focus on longer-term actions as part of its turnaround plan, the newly-appointed chief executive of the world's biggest restaurant chain said. "Disclosing comparable sales as part of our quarterly reporting is consistent with nearly all retailers and will provide a greater...

  • May 27- McDonald's Corp will stop reporting monthly same-store sales after June, Bloomberg reported, citing an email from the retailer. The world's biggest restaurant chain will stop providing the closely-watched metric for each month after reporting second-quarter results, Bloomberg said. McDonald's was not immediately available for comment.

  • Retailers Walgreen Co and Payless Shoesource Inc, and hotel chain group Choice Hotels International Inc on Tuesday followed the lead of General Mills Inc in removing their ads from the program. "We share your concerns and we have decided to remove our advertising from the show," said Choice Hotels, which runs Comfort Inn and Econo Lodge chains, among others.

  • May 26- Taco Bell and Pizza Hut, two of Yum Brands Inc's largest restaurant chains, said they would remove artificial colors and flavors from their food as consumers shift to products perceived as healthier. Taco Bell said on Tuesday it planned to replace all artificial flavors and colors and some additives such as trans-fats in its foods with natural...

  • Marriott: 'Hotel occupancy still good in Macau'   Monday, 25 May 2015 | 9:16 PM ET
    Marriott: 'Hotel occupancy still good in Macau'

    Simon Cooper, managing director for Asia Pacific at Marriott International, says occupancy rates in Macau are unaffected by the fall in gaming revenues hence the decision to open the 1,000-room JW Marriott.

  • JOHANNESBURG, May 25- South African fast-food restaurant group Famous Brands plans to enter Ghana this year as part of its drive to grow beyond a domestic market held back by high unemployment and sharply rising electricity costs. However the company, which runs Steers, Debonairs Pizza and Wimpy restaurants, said on Monday it was pulling out of India less than...

  • Shake Shack extends run on "chicken shack" talk Friday, 22 May 2015 | 2:04 PM ET

    NEW YORK— Shake Shack's shares surged to another record high Friday, fueled in part by speculation that the hamburger chain could be thinking about dishing out chicken. Last month, a unit apparently tied to Shake Shack's parent company applied to trademark the words "Chicken Shack" for chicken sandwiches. Earlier this month, Shake Shack Inc. reported...

  • BOSTON— Passengers on a cruise ship that ran aground on a reef near Bermuda during a seven-day vacation shrugged their shoulders and said the mishap was no big deal as they disembarked Friday. "It was really nothing... and we got another day in Bermuda. Fran Kinsall, of New London, Connecticut, was calmed by her husband's Navy experience.

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders defied executives at its annual meeting on Thursday, approving a proposal to make it easier to nominate directors to the board of the fast-food chain and taking its new CEO to task over wages, advertising and its food. McDonald's Chief Executive Steve Easterbrook, who took the helm on March 1, is fighting on...