GO
Loading...

Hotels Resorts and Cruise Lines

More

  • Royal Caribbean's quarterly revenue falls 2 pct Thursday, 29 Jan 2015 | 10:59 AM ET
    The Quantum of the Seas sails into New York Harbor.

    Cruise operator Royal Caribbean Cruises' quarterly revenue fell 2 percent due to weak pricing in Caribbean, its biggest market.

  • Royal Caribbean, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, has been battling tough competition in the Caribbean from smaller rivals such as Europe's MSC Cruises, who offer cheaper packages. "The company continues to experience highly competitive Caribbean pricing through the first quarter, but...

  • Royal Caribbean, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, has been battling tough competition in the Caribbean from smaller rivals such as Europe's MSC Cruises, who offer cheaper packages. Royal Caribbean's net yields, which include ticket sales and spending on board, rose 2.7 percent in the fourth...

  • MIAMI— Shares of Royal Caribbean Cruises Ltd. slid Thursday after the cruise operator reported fourth-quarter results and an outlook that missed Wall Street expectations. Royal Caribbean earned $109.8 million, or 49 cents per share, for the period ended Dec. 31. Analysts expected 41 cents per share, according to Zacks Investment Research.

  • Royal Caribbean's quarterly revenue falls 2 pct Thursday, 29 Jan 2015 | 8:23 AM ET

    Jan 29- Cruise operator Royal Caribbean Cruises Ltd's quarterly revenue fell 2 percent due to weak pricing in Caribbean, its biggest market. Royal Caribbean has been battling intense competition in the Caribbean from smaller rivals such as Europe- based MSC Cruises, who offer cheaper packages. Royal Caribbean's net income rose to $109.8 million, or 49 cents per...

  • Deadly attacks could have lasting impact on Paris tourism Wednesday, 21 Jan 2015 | 8:50 AM ET

    *Paris hotel occupancy rates down and still falling- MKG. PARIS, Jan 21- The deadly attacks in Paris earlier this month could have a lasting impact on tourism if anti- France protests that have swept the Muslim world lead wealthy Arabs to shun the city. But hospitality research firm MKG Group fears a longer-term impact in Paris after satirical magazine Charlie...

  • Jan 20- Casino operator Wynn Resorts Ltd has slashed Chief Executive Steve Wynn's salary to $2.5 million per year from $4 million, a regulatory filing showed. Wynn, 72, is worth $3.5 billion, according to Forbes magazine. He will also now have to pay to use the company jet for personal purposes, though the filing outlined a $250,000 credit per year that he will...

  • Davos 2015: The future of IHG  Tuesday, 20 Jan 2015 | 11:25 AM ET

    At the World Economic Forum, Richard Solomons, CEO of IHG, says trusting a brand is really important within organisations and talks about his company's plans.

  • Strong dollar could scare tourists away from U.S. Tuesday, 20 Jan 2015 | 8:00 AM ET

    Jan 20- New York restaurant owner Jeremy Merrin has seen business droop in recent weeks at his Havana Central eatery in Times Square. International tourists to the United States spend more than $200 billion annually on travel, hotels, dining and shopping, but growth in 2015 is expected to decelerate as would-be visitors balk at the stronger dollar and grapple...

  • RENO, Nev.— JetBlue Airways' plans for the first, daily non-stop flights linking Reno and New York City have local business and tourism officials excited about the potential impact on the region's broader economy. "This is more significant than just having a new flight," said John Farahi, CEO of Monarch Casino& Resort Inc., which operates the 824- room Atlantis Casino...

  • Why New York City hotels are now cheaper Tuesday, 13 Jan 2015 | 12:50 PM ET
    An employee helps a guest with his luggage at the Waldorf Astoria hotel in New York.

    The strengthening dollar is pinching the country's largest international tourist market, SunTrust analyst Patrick Scholes said.

  • UPDATE 1-Prestige Cruises withdraws IPO plan Monday, 12 Jan 2015 | 1:14 PM ET

    Jan 12- Prestige Cruises International Inc, which was bought by Norwegian Cruise Line Holdings Ltd in a $3 billion deal in September, filed with U.S. regulators to withdraw its plan for an initial public offering. Prestige Cruises, which operates under the Oceania and Regent Seven Seas brands in the upper premium and luxury segments, was created by Apollo Global...

  • Luxury cruising from Alaska to New York  Friday, 26 Dec 2014 | 10:50 AM ET

    Discussing the overall state of the cruise industry, and the opening in the Northwest passage, with Edie Rodriguez, Crystal Cruises president & COO.

  • Cruise forecast: Who's best positioned for Cuba?  Friday, 26 Dec 2014 | 9:45 AM ET

    Discussing where the cruise industry is heading in 2015 and opportunities in Cuba, with Joel Simkins, Credit Suisse.

  • TripAdvisor fined $600,000 for fake reviews Tuesday, 23 Dec 2014 | 11:24 AM ET

    Italy's antitrust authority has fined TripAdvisor 500,000 euros ($600,000) following complaints of improper business practices.

  • Dec 19- Carnival Corp, the world's largest cruise operator, said Cuba would present "a tremendous opportunity" if the United States ended its economic embargo on the Caribbean nation. The United States and Cuba said on Wednesday they would restore diplomatic ties, the biggest step towards normalizing business relations since Washington severed them five...

  • Carnival CEO: Very excited about Cuba  Friday, 19 Dec 2014 | 11:56 AM ET

    CNBC's Simon Hobbs speaks to Arnold Donald, Carnival Corporation CEO, about potential business in Cuba and the company's Super Bowl ad campaign strategy.

  • Dec 19- Carnival Corp, the world's largest cruise operator, reported lower-than-expected quarterly sales, hurt by pricing pressure in the Caribbean, its largest market, and a stronger dollar. Carnival said it expected net revenue yields, which combine ticket sales and money spent onboard, to be flat in the first quarter or rise by up to 1 percent on a...

  • Dec 19- Carnival Corp, the world's largest cruise operator, reported a higher-than-expected adjusted profit for the fourth quarter as it raised ticket prices and customers spent more onboard. The company reported a loss of $102 million, or 13 cents per share, for the quarter ended Nov. 30 compared with a profit of $66 million, or 8 cents per share, a year earlier.

  • Dec 18- Billionaire investor Carl Icahn offered to lend $20 million to help bankrupt casino operator Trump Entertainment Resorts Inc keep its Trump Taj Mahal casino in Atlantic City open.