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Hotels Resorts and Cruise Lines

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  • Feb 27- Hilton Worldwide Holdings Inc, the largest U.S. hotel operator by market capitalization, reported a 13 percent rise in revenue due to higher occupancy and room rates at most of its properties. Revenue rose to $2.64 billion in the quarter ended Dec. 31. Total revenue per available room rose 4.7 percent.

  • Business can't afford inequality: Marriott CEO Monday, 24 Feb 2014 | 11:13 AM ET
    Kauai Marriott Resort

    Why should Corporate America support the gay community? It can't afford not to, says Marriott CEO Arne Sorenson.

  • Hotel construction in post-recession boom phase Monday, 24 Feb 2014 | 10:37 AM ET
    Best Western Premier hotel in Herald Square, New York.

    As lending options returned last year, hotel companies have ramped up construction, including Best Western, which is aiming for a more upscale market.

  • Choice Hotels CEO: Our hotels been full     Thursday, 20 Feb 2014 | 1:21 PM ET

    Choice Hotels president & CEO Stephen Joyce discusses its strong year thus far in 2014, and how bad weather impacts its business.

  • Discussing economic optimism, and the outlook on U.S. growth, with Marriott CEO Arne Sorenson.

  • Marriott CEO: 2013 had one less month in Q4     Thursday, 20 Feb 2014 | 11:25 AM ET

    Marriott CEO Arne Sorenson explains why the hotel saw a decline in profits and revenue, and is accelerating its buyback.

  • District Judge Jane Boyle in Dallas found that the lawsuit, brought by consumers who claimed they paid inflated prices for their rooms, failed to adequately show that such a conspiracy existed.

  • Finding hidden values on a luxury cruise Tuesday, 18 Feb 2014 | 9:52 AM ET
    The Royal Caribbean cruise ship 'Explorer of the Sea'.

    Cruise lines are now offering some of their best deals of the year. How to score a luxury cruise for less.

  • The firm, which declined to comment on future plans for cash returns, said refurbishments to hotels in Asia and the Middle East, Paris and New York would put capital expenditure at around $385 million in 2014, ahead of analyst forecasts, with the impact from hotel and room closures reducing operating profit by $9 million.

  • Feb 14- Hyatt Hotels Corp recorded a better-than-expected jump in quarterly revenue as growing confidence in the U.S. economy drew more business travelers and tourists to its hotels in the Americas.

  • Feb 14- Hyatt Hotels Corp reported a 9 percent rise in quarterly revenue due to higher occupancy and room rates across most of its properties. Net income attributable to Hyatt doubled to $32 million, or 20 cents per share, in the fourth quarter ended Dec. 31 from $16 million, or 9 cents per share, a year earlier. The company's revenue rose to $1.09 billion from $1 billion.

  • The upside of snow biz     Friday, 14 Feb 2014 | 7:40 AM ET

    Tim Boyd, Founder & CEO of Peak Resorts, and Bill Benneyan, Mountain Creek Resort president explain how ski resorts are cashing in on this winter's brutal weather.

  • *RevPAR from Asia, excluding China, falls 3 pct. An austerity drive by China's government and slow economic activity in the rest of Asia are weighing on U.S. hoteliers' results.

  • *RevPAR from Asia, excluding China, falls 3 pct. Feb 13- Starwood Hotels& Resorts Worldwide Inc reported fourth-quarter revenue below Wall Street's expectations, partly due to lower occupancy and room rates in Asia, excluding China.

  • *RevPAR from Asia, excluding China, falls 3 pct. Feb 13- Starwood Hotels& Resorts Worldwide Inc reported fourth-quarter revenue below Wall Street's expectations, partly due to lower occupancy and room rates in Asia, excluding China, and forecast a weak profit for the current quarter.

  • More foreign travelers making trips to the US Thursday, 13 Feb 2014 | 12:01 AM ET
    Tourists flood Times Square in New York.

    About 67 million international travelers visited the United States in 2012, a number boosted by a $72 million marketing program.

  • Travel trend: 'Get me somewhere warm now' Wednesday, 12 Feb 2014 | 1:38 PM ET
    The beach bar at the Radisson Blu Resort, Marina & Spa on the Caribbean island of St. Martin.

    Winter travel is up, especially among people booking near-term trips to warm-weather destinations.

  • MUMBAI, Feb 12- Less than nine months after opening the first hotel in Mumbai under its brand, Hong Kong luxury chain operator Shangri-La Asia handed the keys back to the owner.

  • Hotel data breach went undetected for nine months Thursday, 6 Feb 2014 | 4:47 PM ET

    Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.

  • Gamblers lost a record $440B last year: Report Thursday, 6 Feb 2014 | 12:11 PM ET

    Gamblers around the world lost $440 billion last year, and the industry is growing. The US is the biggest market, but China is rising.

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