Hotels Resorts and Cruise Lines
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After a string of high profile problems, Carnival's issuing its second profit warning in 2 months, reports CNBC's Simon Hobbs.
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May 1- Starwood Hotels& Resorts Worldwide Inc:. *JMP Securities raises price target to $73 from $70; rating market outperform. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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April 30- Starwood Hotels& Resorts Worldwide Inc:. *Deutsche Bank raises price target to $72 from $69; rating buy. Reuters Station users, click. 1568.
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*RevPAR up 6.2 pct in North America. April 30- Starwood Hotels& Resorts Worldwide Inc, whose brands include Sheraton and Westin, reported a quarterly profit that handily beat analysts' expectations as more people checked into its hotels at higher room rates, particularly in North America.
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NEW YORK, April 30- Starwood Hotels& Resorts Worldwide Inc:.
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April 30- Three months ended March 31.
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April 30- InterContinental Hotels Group PLC:. *JP Morgan raises target price to 1950 p from 1860 p; rating neutral. Reuters Station users, click. 1580.
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*Hyatt Hotels Corp: Susquehanna raises price target to $49 from $48;. *Host Hotels& Resorts Inc: Susquehanna raises price target to $17. *Marriott International Inc: Susquehanna raises price target to $48.
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April 29- Morgans Hotel Group Co:. *Qtrly total revenues $47.7 million. *Q1 loss per share $0.44; Q1 loss per share from continuing operations $0.43.
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April 29- Choice Hotels International Inc:. *Deutsche Bank raises price target to $41 from $37; rating hold. Reuters Station users, click. 1568.
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CAIRO, April 28- Egyptian tourism managers celebrated the opening of an alcohol-free hotel at the popular beach resort of Hurghada over the weekend, a move they hoped would lure conservative Muslim tourists to a region popular with foreign and local visitors.
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*Colony's Bazin says wants Accor to be a hotel leader. PARIS, April 25- Accor's new management vowed to speed up the hotel group's transformation on Thursday, as it tried to assuage opposition at the annual meeting to the influence of its activist shareholders.
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Seth Kaplan, Airline Weekly, discusses the latest details on FAA furloughs and flight delays. And, Stephen Joyce, Choice Hotels, weighs in on its impact on the hotel industry. Meanwhile, CNBC's Hampton Pearson has the update on which airports are hit the hardest.
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April 25- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a 62 percent jump in quarterly profit, helped by a rise in ticket prices and onboard revenue, sending its shares up 5 percent before the bell.
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The blasts on Wednesday night aboard the fuel barges off the shore of Mobile, Alabama, forced officials to evacuate nearby shipyards and one cruise vessel, said Mobile Fire Chief Steve Dean. The barge explosions forced the crew of Carnival Corp's.
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MOBILE, Ala., April 24- Explosions and resulting fires on two barges in the Mobile River off the Alabama city's shore injured three people and forced officials to evacuate nearby shipyards and one cruise vessel on Wednesday. The barge explosions forced the crew of Carnival Corp's.
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MOBILE, Ala., April 24- Explosions and resulting fires on two barges in the Mobile River off the Alabama city's shore injured three people and forced officials to evacuate nearby shipyards and one cruise vessel on Wednesday. The barge explosions forced the crew of Carnival Corp's.
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The recovery in Las Vegas is on solid footing and is set to outpace the rest of the country, MGM International CEO James Murren said.
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The cruise operator, owned by Carnival Corp, on Wednesday said the upgrades would improve back-up systems across its 24- ship fleet.
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April 17- Carnival Corp's Carnival Cruise Lines plans to spend $300 million to improve emergency power and fire safety mechanisms following a series of mishaps that have curtailed cruises and angered passengers. The upgrades will improve back-up systems across its 24- ship fleet, Carnival Cruise Lines said on Wednesday.
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Adam Goldstein, President & CEO of Royal Caribbean International, explains how negative headlines have impacted the cruise industry and discusses the launch of a new class of ship called Quantum Class.