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Hotels Resorts and Cruise Lines

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  • Cuba iconic cruise destination: CEO  Wednesday, 17 Dec 2014 | 9:39 AM ET

    Edie Bornstein, Crystal Cruises CEO, discusses how the cruise industry could benefit by improved relations with Cuba.

  • LONDON, Dec 16- InterContinental Hotels Group, one of the world's largest hoteliers, has agreed to buy U.S.-focused Kimpton Hotels& Restaurants for $430 million to boost its exposure to the faster-growing boutique hotel sector. IHG, home to the Crowne Plaza, Holiday Inn and InterContinenal brands, said on Tuesday that the cash acquisition would be earnings...

  • LONDON, Dec 16- InterContinental Hotels Group, one of the world's largest hoteliers, said it had agreed to acquire U.S.-focused Kimpton Hotels& Restaurants for $430 million to boost its exposure to the boutique hotel space. IHG, home to the Crowne Plaza, Holiday Inn and InterContinenal brands, said on Tuesday that the cash acquisition would be earnings enhancing...

  • PARIS, Dec 14- French hotel operator Accor announced a strategic alliance with China Lodging Group on Sunday to create a major new player in the fast-growing Chinese domestic travel and hospitality market. The partnership "will leverage the strengths of Accor's global brands with a leading player in Chinese hospitality," Accor Chairman and Chief Executive...

  • PARIS, Dec 14- French hotel operator Accor announced a strategic alliance with China Lodging Group on Sunday to create a major new player in the fast-growing Chinese domestic travel and hospitality market. The deal will combine the French hotel operator's brands including Ibis with more than 2,000 existing establishments run by China Lodging's Huazhu...

  • Hilton Worldwide in talks to buy four hotels - Bloomberg Wednesday, 10 Dec 2014 | 4:25 PM ET

    Dec 10- Hilton Worldwide Holdings Inc is in talks to buy four properties from Blackstone Group LP and others for deferring tax payments from the sale of its Waldorf Astoria hotel in New York, Bloomberg reported. The company is planning to buy San Francisco's Parc 55 Wyndham, two Waldorf Astoria resorts in Key West and one in Orlando, Florida, the report said, citing...

  • IHG agrees to sell Paris-Le Grand to Constellation Monday, 8 Dec 2014 | 2:14 AM ET

    LONDON, Dec 8- InterContinental Hotels Group, one of the world's largest hoteliers, said on Monday it had agreed to sell its Paris- Le Grand hotel for 330 million euros to Constellation Hotels. IHG said it had accepted the offer from Constellation, which was announced in August, following a period of consultation with employees. The deal is expected to complete by...

  • The SEC on Wednesday filed civil fraud charges against former Assisted Living Concepts Inc chief executive Laurie Bebo, and chief financial officer, John Buono, who devised a scheme to fraudulently inflate occupancy rates at certain facilities it ran for seniors. Their misconduct included adding Bebo's parents and husband in the company's leasing figures...

  • Get your $7 hotel room now!  Wednesday, 26 Nov 2014 | 11:53 AM ET

    Sam Shank, HotelTonight CEO, discusses the hotel deals and savings available to consumers on Black Friday.

  • BEIJING, Nov 23- Chinese property developer Dalian Wanda Group plans to build more than 150 premium hotels around the world by 2018 in an expansion of its luxury hotel business, state news agency Xinhua said on Sunday. The announcement comes as Dalian Wanda Commercial Properties, a subsidiary of Dalian Wanda Group, plans to raise up to $6 billion in a Hong Kong...

  • Vail Resorts CEO is bullish on ski season Friday, 21 Nov 2014 | 12:18 PM ET
    Skiers on a slope in Breckenridge, near Vail, Colorado.

    Snow is coming, ski conditions are "fantastic" and the outlook is bright for Vail Resorts, its CEO told CNBC Friday.

  • Nov 20- Casino operator Wynn Resorts Ltd said it was not aware of any investigation after the Wall Street Journal reported that the company is being probed by U.S. federal authorities for possible violation of money-laundering laws. The Internal Revenue Service sent a letter to Wynn's outside lawyer Donald Campbell requesting information on the company's...

  • Nov 20- Casino operator Wynn Resorts Ltd is being probed by U.S. federal authorities for possible violation of money-laundering laws, the Wall Street Journal reported. Wynn Resorts did not immediately respond to a request for comment. Other casino operators including Las Vegas Sands Corp. and Caesars Entertainment Corp. have also faced federal...

  • Is bad publicity taking a toll on the cruise sector?  Wednesday, 19 Nov 2014 | 8:18 PM ET

    Zinan Liu, Regional VP & MD of Asia and China at Royal Caribbean Cruise, says recent bad publicity are "exaggerated" and explains how the industry is resisting the potential impact.

  • This is Royal Caribbean's 'game-changer' ship  Wednesday, 19 Nov 2014 | 8:14 PM ET

    Zinan Liu, Regional VP & MD of Asia and China at Royal Caribbean Cruise, introduces the cruise operator's "Quantum of the Seas" which was launched in New York last week.

  • Airplane for rent: Sorry flying is not allowed! Thursday, 13 Nov 2014 | 4:49 PM ET

    KLM is partnering with Airbnb for a contest to win the chance to spend a night in an "aircraft loft" in Amsterdam.

  • $1 Billion smart cruise ship  Wednesday, 12 Nov 2014 | 10:17 AM ET

    Royal Caribbean's newest cruise ship Quantum of the Seas is being called the world's first smart ship. CNBC's Simon Hobbs speaks to Richard Fain, Royal Caribbean Cruises chairman & CEO, about the rapidly expanding cruise business.

  • Hackers want your hotel loyalty points, too Tuesday, 4 Nov 2014 | 1:17 PM ET

    Travel loyalty programs may look like soft targets to hackers, who can empty out points and convert them to cash or swag.

  • Attention travelers: New tips to save on trips Monday, 3 Nov 2014 | 6:30 PM ET

    As a new year looms, travel experts are offering some tips that might help road warriors save time and money.

  • Nov 3- Hilton Worldwide Holdings Inc, the world's largest hotel operator, said Blackstone Group LP would reduce its stake in the company by 14 percent to about 57 percent. The shares are worth $2.27 billion, based on Hilton's closing price of $25.24 on Friday. Blackstone had a stake of 66 percent, valued at $15.10 billion, in Hilton as of June 30, according to a U.S....