GO
Loading...

Hotels Resorts and Cruise Lines

More

  • Business Highlights Monday, 14 Apr 2014 | 5:46 PM ET

    WASHINGTON— U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. WASHINGTON— The calendar shows April 15, and you haven't even started on your federal tax return?

  • Travelers seeking to conquer unexplored territory Monday, 14 Apr 2014 | 4:02 PM ET
    Elk at Old Faithful in Yellowstone National Park

    Travelers are spending more money on a quest for something authentic. "It's almost like there's no wild places anymore," said one industry spokesman.

  • Is hot market for IPOs cooling? Monday, 14 Apr 2014 | 3:15 PM ET

    Auto financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their IPOs last week. La Quinta priced its shares at $17 each, lower than its expected range of $18 to $21, which suggested less demand. Ally, the largest IPO this year, priced its shares at $25 each, the bottom of its expected range of $25 to $28.

  • Airbnb working on plan to pay New York hotel taxes Monday, 14 Apr 2014 | 10:43 AM ET
    Airbnb app on an iPhone and iPad.

    The peer-to-peer home rental company hopes to start collecting New York hotel taxes by July 1.

  • Passengers ill on cruise ship that sailed from Md. Friday, 11 Apr 2014 | 6:57 PM ET

    The most recent outbreak occurred on the Royal Caribbean International vessel, which left Baltimore on April 5 for a seven-day cruise to the Bahamas, Royal Caribbean spokeswoman Cynthia Martinez said in an email Friday. The CDC said more than 100 passengers and crew members got sick on the Grandeur's last cruise from Baltimore from March 28 to April 5.

  • $200 million Waldorf Astoria for Beverly Hills Friday, 11 Apr 2014 | 4:49 PM ET
    Scale model of Waldorf Astoria Beverly Hills on display during Waldorf Astoria Beverly Hills celebration at The Beverly Hilton Hotel on April 10, 2014 in Beverly Hills, California.

    Plans were revealed for Hilton Hotels' long-awaited Waldorf Astoria in Beverly Hills, Calif., which will be opened in 2017.

  • April 10- Shares of auto-lender Ally Financial Inc fell as much as 3 percent in their market debut on Thursday, taking the shine off the biggest U.S. Treasury, which sold 95 million shares at $25 each, the low end of the expected price range of $25- $28.

  • More illnesses aboard Princess cruise ship Wednesday, 9 Apr 2014 | 1:34 PM ET

    SAN FRANCISCO— In a story April 8 about illnesses aboard a Princess cruise ship sailing to ports in California, The Associated Press reported erroneously the final destination of the cruise. The cruise ends in Los Angeles, not Santa Barbara.

  • World's first Ferrari Hotel to open in theme park Wednesday, 9 Apr 2014 | 12:23 PM ET
    The Ferrari Hotel is scheduled to open in 2016.

    A 5-star hotel will be built in a Ferrari theme park along with rides including the highest and fastest vertical accelerator in Europe.

  • Staycation or bleisure? Travel loves made-up words Wednesday, 9 Apr 2014 | 11:20 AM ET

    NEW YORK— Hotels advertise "bleisure" packages. The Thai Tourism Authority is promoting "honeyteering." But they do "come in handy in a business sector where there's often a need to come up with clever marketing spin," said Ben Zimmer, executive producer of Vocabulary.com and language columnist for The Wall Street Journal. "

  • *Shares open at $16.75, below IPO price of $17. La Quinta's shares, which priced below the expected range at $17, fell as much as 4 percent in early trading before recovering their losses to trade slightly up.

  • La Quinta raises about $651M from IPO Wednesday, 9 Apr 2014 | 6:57 AM ET

    IRVING, Texas— Hotel operator La Quinta Holdings Inc. has raised approximately $651 million from an initial public offering of its common stock. La Quinta is giving the underwriters a 30- day option to buy up to an additional 5.7 million shares.

  • April 8- The initial public offering of La Quinta Holdings, owned by the Blackstone Group, was priced at $17 per share on Tuesday, valuing the hotel chain at about $2.1 billion. La Quinta's IPO raised $650 million, after its offering of 38.25 million shares was priced below an expected range of $18 to $21 a share.

  • April 8- Blackstone Group LP- owned La Quinta Holdings Inc's initial public offering priced at $17 per share, according to Bloomberg, valuing the hotel chain at about $2.1 billion. La Quinta's IPO raised $650 million, after its offering of 38.25 million shares priced below an expected range of $18 to $21 a share, Bloomberg reported.

  • 3 dozen possibly ill with Norovirus on cruise ship Tuesday, 8 Apr 2014 | 5:33 PM ET

    SAN FRANCISCO— Officials say more than three dozen people are possibly ill with the highly contagious Norovirus while onboard a cruise ship sailing to ports in California. Princess Cruises spokeswoman Karen Candy says about 37 passengers on the Crown Princess reported being sick while the ship was in San Francisco on Monday.

  • Pent-up winter demand to boost travel spending Tuesday, 8 Apr 2014 | 12:01 AM ET

    After more than 100,000 flights were canceled this winter, business travelers are returning to the road.

  • WASHINGTON, April 7- A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information.

  • WASHINGTON, April 7- A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against the hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information.

  • Royal Caribbean names Goldstein COO and president Monday, 7 Apr 2014 | 10:02 AM ET

    MIAMI— Royal Caribbean is promoting Adam Goldstein to president and chief operating officer of the cruise operator, effective immediately. Goldstein joined Royal Caribbean Cruises Ltd. in 1988. For the last 12 years he has served as president and CEO of the Miami company's largest cruise line, Royal Caribbean International.

  • Dubai firm buys stake in Kerzner's Atlantis hotels Thursday, 3 Apr 2014 | 5:05 AM ET

    DUBAI, United Arab Emirates— A Dubai government conglomerate behind some of the emirate's industrial powerhouses said Thursday it bought a "significant" stake in the international hotel operator that runs the Atlantis hotel on the city's main palm-shaped island.

Most Popular Video

Wednesday, 16 Apr 2014 | 12:25 PM ET

CNBC's Steve Liesman provides insight into the highlights of Fed Chair Janet Yellen's comments at The Economic Club of New York.

Wednesday, 16 Apr 2014 | 12:15 PM ET

Josh Spencer, T. Rowe Price portfolio manager, encourages investors to get some guts and buy into growth stocks like Tesla and Amazon. He shares his opinions on some of the old tech names.

Wednesday, 16 Apr 2014 | 10:01 AM ET

Discussing how to buy in volatile market conditions and the investment banking market, David Katz, Matrix Asset Advisors CIO, and Charles Bobrinskoy, Ariel Investments vice chairman & portfolio manager.