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Hotels Resorts and Cruise Lines

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  • July 24- Starwood Hotels& Resorts Worldwide Inc reported a higher-than-expected quarterly profit as an increase in global business travel drove occupancy and room rates. The operator of the Sheraton and Westin chain of hotels also raised its full-year profit forecast to $2.78- $2.85 per share from $2.76- $2.83.

  • Starwood Hotels 2Q profit rises 12 percent Thursday, 24 Jul 2014 | 6:48 AM ET

    The Stamford, Connecticut- based company said net income increased to $153 million, or 80 cents per share, from $137 million, or 71 cents per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

  • Starwood profit rises as occupancy, room rates rise Thursday, 24 Jul 2014 | 6:14 AM ET

    July 24- Starwood Hotels& Resorts Worldwide Inc, owner of the Sheraton and Westin brands, reported an 11 percent rise in quarterly profit as occupancy and room rates increased. The company's net income rose to $153 million, or 80 cents per share, for second quarter ended June 30, from $138 million, or 71 cents per share, a year earlier.

  • Cruise passengers recount horror stories to Senate Wednesday, 23 Jul 2014 | 8:14 PM ET

    WASHINGTON— Laurie Dishman told senators through tears Wednesday that she was choked and raped on a Royal Caribbean cruise by one of the line's employees, using her experience to shed light on the dangers that passengers might face on cruises.

  • Business events scheduled for Wednesday Tuesday, 22 Jul 2014 | 1:54 PM ET

    WASHINGTON— Senate Environment and Public Works Committee hearing on the Environmental Protection Agency's proposed carbon pollution standards for power plants. WASHINGTON— Senate Commerce, Science and Transportation subcommittee hearing on legislation focusing on consumer protections and safety for cruise ship passengers.

  • World's first crowdfunded hotel     Tuesday, 22 Jul 2014 | 11:52 AM ET

    Jilliene Helman, Realty Mogul CEO, explains their crowdfunding platform that allows accredited investors to back real estate projects.

  • You kill it, hotels cook it: Farm-to-table perks Sunday, 20 Jul 2014 | 1:00 PM ET
    Marlin Watkins with wild turkeys bagged at Turkey Trot Acres.

    Farm-to-table meals have become so popular that hotels are now getting in the game by offering prepared meals using food hooked or shot by guests.

  • AP Top Financial News At 3:14 p.m. EDT Monday, 14 Jul 2014 | 3:14 PM ET

    Citigroup to pay $7 B in subprime mortgages probe AbbVie, Shire enter detailed talks on combination Mylan to buy Abbott business line in $5.3 B deal Emerging nations plan their own World Bank, IMF Stocks move higher on earnings, acquisition news Samsung suspends China supplier over child labor US companies look overseas for tax bill relief VW to build new SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line paying $2.18 B for 2 ships Unions: Talks with MTA break down, prep for strike

  • AP Top Extended Financial Headlines At 3:04 p.m. EDT Monday, 14 Jul 2014 | 3:04 PM ET

    Distancing itself from financial meltdown, Citigroup agrees to $7 B settlement over mortgages AbbVie hikes offer to Shire once again, drugmakers enter detailed talks on combination Mylan to buy Abbott's branded generic-drug businesses outside US for $5.3 B in stock US stocks march higher on acquisition and earnings news; Citigroup gains Samsung suspends business with Chinese supplier after child labor allegation VW to build new seven-passenger SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line says it ordered 2 new cruise ships for a total of $2.18 B Unions say talks with MTA have broken down, LIRR strike likely this weekend Manchester United lands $1.3 billion, 10- year uniform deal with Adidas Atlantic City casino revenue increased by 4 percent in June, when shuttered site excluded

  • AP Top Financial News At 2:13 p.m. EDT Monday, 14 Jul 2014 | 2:13 PM ET

    Citigroup to pay $7 B in subprime mortgages probe AbbVie, Shire enter detailed talks on combination Mylan to buy Abbott business line in $5.3 B deal Stocks move higher on earnings, acquisition news Samsung suspends China supplier over child labor VW to build new SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line paying $2.18 B for 2 ships Man United lands $1.3 billion, 10- year Adidas deal EBay to feature Sotheby's auctions in new deal WTO sides with China, India in 2 US trade disputes

  • AP Top Extended Financial Headlines At 2:13 p.m. EDT Monday, 14 Jul 2014 | 2:13 PM ET

    Distancing itself from financial meltdown, Citigroup agrees to $7 B settlement over mortgages AbbVie hikes offer to Shire once again, drugmakers enter detailed talks on combination Mylan to buy Abbott's branded generic-drug businesses outside US for $5.3 B in stock US stocks march higher on acquisition and earnings news; Citigroup gains on settlement Samsung suspends business with Chinese supplier after child labor allegation VW to build new seven-passenger SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line says it ordered 2 new cruise ships for a total of $2.18 B Manchester United lands $1.3 billion, 10- year uniform deal with Adidas EBay partners with Sotheby's to feature auctions from the rarefied heights of art WTO sides with China, India in 2 US trade disputes over import duties

  • All aboard! Craft brewer sails with cruise line Monday, 14 Jul 2014 | 1:15 PM ET

    Cigar City Brewing will have two brews on Carnival ships in what's being billed as a unique deal between a craft brewer and cruise line.

  • AP Top Financial News At 1:08 p.m. EDT Monday, 14 Jul 2014 | 1:08 PM ET

    Citigroup to pay $7 B in subprime mortgages probe AbbVie, Shire enter detailed talks on combination Mylan to buy Abbott business line in $5.3 B deal Stocks move higher in midday trading; Citi climbs Samsung suspends China supplier over child labor VW to build new SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line paying $2.18 B for 2 ships Man United lands $1.3 billion, 10- year Adidas deal EBay to feature Sotheby's auctions in new deal WTO sides with China, India in 2 US trade disputes

  • AP Top Extended Financial Headlines At 1:08 p.m. EDT Monday, 14 Jul 2014 | 1:08 PM ET

    Distancing itself from financial meltdown, Citigroup agrees to $7 B settlement over mortgages AbbVie hikes offer to Shire once again, drugmakers enter detailed talks on combination Mylan to buy Abbott's branded generic-drug businesses outside US for $5.3 B in stock US stocks march higher, shaking off worst week in 3 months; Citigroup gains on settlement Samsung suspends business with Chinese supplier after child labor allegation VW to build new seven-passenger SUV in Tennessee, add 2,000 jobs Norwegian Cruise Line says it ordered 2 new cruise ships for a total of $2.18 B Manchester United lands $1.3 billion, 10- year uniform deal with Adidas EBay partners with Sotheby's to feature auctions from the rarefied heights of art WTO sides with China, India in 2 US trade disputes over import duties

  • Norwegian Cruise Line paying $2.18B for 2 ships Monday, 14 Jul 2014 | 1:08 PM ET

    NEW YORK— Norwegian Cruise Line will spend $2.18 billion on a pair of new ships from the German shipbuilder Meyer Weft. Norwegian Cruise Line Holdings Ltd. has 13 ships, with two additional vessels on order at Meyer Weft. The company's shares lost 17 cents to $32.77 in afternoon trading.

  • Secret Service warns on hotel biz center computers Monday, 14 Jul 2014 | 12:31 PM ET

    Malware on computers in hotel business centers can record every keystroke a guest makes.

  • Nude tourism: Go upscale or risk closing Monday, 14 Jul 2014 | 10:35 AM ET

    Mom-and-pop nudist resorts are folding while larger more luxurious options are thriving, The Economist reports.

  • SYDNEY, July 11- Australia's IPO window appears to be narrowing as the sharemarket loses momentum and offerings start to look overpriced, sapping demand for the combined $7 billion listings of hospital firm Healthscope Ltd and insurer Medibank Private.

  • ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.

  • ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.