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Hotels Resorts and Cruise Lines

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  • Carnival Triumph Headed to Mobile, Alabama  Wednesday, 13 Feb 2013 | 1:24 PM ET

    The Carnival Triumph is being towed to a port in Mobile, Alabama, after an engine fire left it adrift in the Gulf of Mexico. NBC's Janet Shamlian is awaiting the ship's arrival.

  • Conditions on Disabled Cruise Ship in Dispute Wednesday, 13 Feb 2013 | 7:55 AM ET
    The cruise ship Carnival Triumph sits idle February 11, 2013 in the Gulf of Mexico. According to the Coast Guard, the ship lost propulsion power February 10, after a fire broke out in the engine room.

    A cruise line said it is making the passengers stranded aboard a disabled ship in the Gulf of Mexico as comfortable as possible, contradicting the accounts of some passengers who told relatives of filthy, hot conditions and limited access to food.

  • *Carnival Corp expects ship at port no later than Thursday. MOBILE, Ala., Feb 12- The cruise ship Carnival Triumph was being towed to port in Alabama on Tuesday as passengers complained of sweltering heat and gut-wrenching odors from backed up toilets after a weekend engine fire left it adrift in the Gulf of Mexico.

  • Stinking Carnival cruise ship being towed to Alabama Tuesday, 12 Feb 2013 | 4:55 PM ET

    *Carnival Corp expects ship at port no later than Thursday. MOBILE, Ala., Feb 12- The cruise ship Carnival Triumph was being towed to port in Alabama on Tuesday as passengers complained of sweltering heat and gut-wrenching odors from backed up toilets after a weekend engine fire left it adrift in the Gulf of Mexico.

  • Coast Guard Captain on 'Triumph'  Tuesday, 12 Feb 2013 | 11:36 AM ET

    Greg McGee, Coast Guard Captain of Vigorous provides an update on the disabled ship, "Truimph", stranded at sea for the last few days. Also, Kevin Sheehan, Norwegian Cruise CEO, weighs in on the stranded ship and discusses the direction of his company's stock and its business model.

  • Engine Fire Strands Carnival Cruise Passengers  Monday, 11 Feb 2013 | 10:43 AM ET

    Rachael Rothman, Susquehanna Financial Group, explains whether the engine mishap could impact the company's stock.

  • *Risks overlooked at multinationals in China, experts say. NEW YORK/ HONG KONG, Feb 10- Tales of shady business practices abound in China- fake revenues, phony invoices, sham factories- but until recently, the problem seemed confined mostly to Chinese companies.

  • *First-quarter EPS forecast $0.51- $0.54 vs est $0.48. Feb 7- Starwood Hotels& Resorts Worldwide Inc, whose chains include Sheraton and Westin, raised the lower end of its full-year forecast for its per-room revenue on an anticipcated rise in demand, but its shares fell 3 percent on lackluster earnings.

  • Feb 7- Starwood Hotels& Resorts Worldwide Inc, whose chains include Sheraton and Westin, reported a better-than-expected fourth-quarter profit and said demand is growing in all its important geographies, including Europe. Demand in its other two important geographies, Asia and Europe, is also picking up.

  • *First-quarter EPS forecast $0.51- $0.54 vs est $0.48. Feb 7- Starwood Hotels& Resorts Worldwide Inc, whose brands include Sheraton and Westin, reported a better-than-expected fourth-quarter profit on higher room and occupancy rates, and said it expects demand to be higher this year.

  • Feb 7- Starwood Hotels& Resorts Worldwide Inc, whose brands include Sheraton and Westin, reported a 59 percent fall in fourth-quarter profit from continuing operations as costs rose, and said it expects demand to be higher this year.

  • Wyndham CEO on Strong Earnings Results  Wednesday, 6 Feb 2013 | 10:40 AM ET

    Stephen Holmes, chairman & CEO of Wyndham Worldwide, explains how his company was able to post strong fourth quarter numbers and discusses growing demand in lodging and vacation ownership.

  • Feb 4- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, on Monday said that strong U.S. demand and a jump in bookings so far this year would help mitigate lingering weakness in Europe in 2013..

  • Feb 4- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, on Monday said that strong U.S. demand and a jump in bookings so far this year would mitigate lingering weakness in Europe in 2013..

  • Feb 4- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, said on Monday that strong U.S. business would mitigate lingering weakness in Europe in 2013, which forced it to take a large impairment charge for its struggling Spanish cruise line.

  • Hong Kong shares may rise ahead of China official PMI Thursday, 31 Jan 2013 | 7:52 PM ET

    HONG KONG, Feb 1- Hong Kong shares could start higher on Friday, ahead of the release of data that is likely to show China's economy expanded at its fastest pace in nine months. IATA's members include major airlines such as Air France KLM, British Airways, Delta and Air China.

  • LOS ANGELES, Jan 31- Hotel-casino operator Wynn Resorts Ltd on Thursday posted a quarterly profit that was below Wall Street's estimates as its share of the Macau market declined. They continued a significant decline in Macau due to market share loss to the Cotai strip, where Wynn's competitors own properties, "said Chad Mollman, analyst with Morningstar Inc..

  • Cruise industry tops 20 million clients, focuses on Asia Wednesday, 30 Jan 2013 | 3:56 PM ET

    The Caribbean, Mediterranean and Europe remain the top cruise destinations, with Americans and Canadians making up the bulk of passengers, but the industry is rapidly going global with Australia and Asia the big growth area.

  • RPT-London hotels ranked the worst in 100 cities Friday, 25 Jan 2013 | 4:18 PM ET

    LONDON, Jan 25- Visitors to London have marked its hotels as the worst in a list of 100 cities due to overpriced minibars, lousy breakfasts and slow service, according to a survey released on Friday. Close behind Dresden in the list of cities with good hotels were Hanoi in Vietnam, Tokyo, Chicago, and Krakow in Poland.

  • Hot Housing Play: Hotel REITs?  Tuesday, 22 Jan 2013 | 2:49 PM ET

    If you are looking for a hot and hidden housing play, maybe you should check out housing REITs. Ken Cruse, Sunstone president & CEO and Michael D. Barnello, LaSalle Hotel Properties president & CEO, discuss the hotel business.

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