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Hotels Resorts and Cruise Lines

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

    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....

  • Nov 3- Hilton Worldwide Holdings Inc, the world's largest hotel operator, said Blackstone Group LP would reduce its stake in the company by 9 percent to 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. Securities...

  • Hilton says Blackstone to cut stake in by 9 pct Monday, 3 Nov 2014 | 11:19 AM ET

    Nov 3- Hilton Worldwide Holdings Inc, the world's largest hotel operator, said Blackstone Group LP would reduce its stake in the company by 9 percent to 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. Securities...

  • Blackstone-led group unloads $2.27B in Hilton stock Monday, 3 Nov 2014 | 8:19 AM ET
    Tyler Henritze, senior managing director of real estate for Blackstone, attends the initial price offering (IPO) of Hilton Worldwide (HLT) on the floor of the New York Stock Exchange shortly after the opening bell on December 12, 2013 in New York City.

    Shareholders associated with the Blackstone Group are set to launch a massive secondary offering of Hilton Worldwide stock, the company said.

  • UPDATE 2-Hotel group Accor takes battle to online rivals Thursday, 30 Oct 2014 | 11:29 AM ET

    PARIS, Oct 30- Accor will spend 225 million euros over five years to beef up its digital business, the hotel company said on Thursday, responding to competition from online booking rivals such as Expedia and Booking.com. Europe's largest hotel group's traditional competitors are the likes of InterContinental, Marriott and Starwood, but it faces multiple...

  • Marriott beats; CEO says it's sustainable   Wednesday, 29 Oct 2014 | 11:55 AM ET
    Marriott beats; CEO says it's sustainable

    Discussing the major gains in shares of Marriott International in the past year, with its CEO Arne Sorenson.

  • Oct 28- Marriott International Inc raised its profit forecast for the year as more business travelers and tourists pay higher rates to stay at its hotels in North America. With a greater percentage of its hotels in North America than Starwood Hotels& Resorts Worldwide Inc, Marriott was less affected by the strong dollar and Ebola concerns that dragged on its...

  • *Sees FY 2014 profit $2.79- $2.80/ shr vs est $2.84. Oct 28- U.S. hotel operator Starwood Hotels& Resorts Worldwide Inc forecast a full-year profit below Wall Street estimates, citing volatility in international markets and the strengthening U.S. dollar. Starwood, which operates the Sheraton and Westin chain of hotels, said it expected a full-year 2014 profit of...

  • UPDATE 1-Starwood Hotels profit beats as travel rises Tuesday, 28 Oct 2014 | 9:26 AM ET

    Oct 28- Starwood Hotels& Resorts Worldwide Inc reported a slightly higher-than-expected quarterly profit, as a rise in travel drove up occupancy and room rates. Starwood said it expected a full-year 2014 profit of $2.79- $2.83 per share, below the average analyst estimate of $2.84. Total revenue fell 1 percent to $1.49 billion, missing analysts' average estimate...

  • Oct 28- Starwood Hotels& Resorts Worldwide Inc reported a 31 percent fall in quarterly profit, hurt by a fall in revenue in its residential business. The company's net profit fell to $109 million, or 59 cents per share, for the third quarter ended Sept.30, from $157 million, or 81 cents per share, a year earlier. Revenue from sales of residential units fell to $2 million...

  • NYC tourism, travel unfazed by Ebola worries Friday, 24 Oct 2014 | 5:02 PM ET
    Times Square

    Hotel, restaurants and museum officials said they did not expect tourists to stay away from New York City after a doctor was diagnosed with Ebola.

  • Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, forecast full-year profit below analysts' estimates due to stiff competition in the Caribbean, its biggest market, and a stronger dollar. The company is struggling to boost sales in the Caribbean as smaller rivals such as Europe- based MSC Cruises offer customers packages as cheap...

  • Royal Caribbean CEO talks soft Q3   Thursday, 23 Oct 2014 | 11:45 AM ET
    Royal Caribbean CEO talks soft Q3

    Royal Caribbean shares are lower after the cruise line reported a soft Q3. The company's Chairman and CEO Richard Fain, says Europe and China have proven to be tremendous markets.

  • Royal Caribbean says it's safety obsessive   Thursday, 23 Oct 2014 | 11:43 AM ET
    Royal Caribbean says it's safety obsessive

    Royal Caribbean Chairman and CEO Richard Fain, discusses fear over containing Ebola and the safety on board its cruise lines.

  • Royal Caribbean's quarterly profit jumps 34 pct Thursday, 23 Oct 2014 | 8:57 AM ET

    Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a 34 percent jump in quarterly profit as bookings rose for its Asia and Europe cruises. The company's net income rose to $490.2 million, or $2.19 per share, in the third quarter ended Sept. 30 from $365.7 million, or $1.65 per share, a year earlier. Revenue rose 3.3 percent to...

  • Cruise Guy: Ebola, 'dunderheads' & cruise ships   Friday, 17 Oct 2014 | 3:19 PM ET
    Cruise lines vigilant over health care: Expert

    Discussing Ebola protocol and who's to blame for a Texas caregiver boarding a Carnival Cruise ship, with Stewart Chiron, The Cruise Guy.

  • Quarantined on Carnival Cruise   Friday, 17 Oct 2014 | 3:15 PM ET
    Quarantined on Carnival Cruise

    A Texas hospital worker who may have handled Ebola samples is currently quarantined aboard the Carnival Magic. "Closing Bell" speaks to Carrie Bond, a family member of a passenger on board.

  • Carnival: China partnership is 'groundbreaking'   Wednesday, 15 Oct 2014 | 7:45 PM ET
    Carnival: China partnership is 'groundbreaking'

    David Dingle, Chairman of Carnival U.K., discusses the cruise line operator's decision to explore a joint venture with China State Shipbuilding Corporation.

  • That was an easy choice recently for Glenda Oakley, 31, who stayed at a Westin hotel in Charlotte, North Carolina. "I don't need extra towels... or someone else to make my bed daily," said Oakley, an Army veteran and motivational speaker from San Antonio, Texas. Also on board are an assortment of independent properties, like the Amway Grand Plaza in Grand Rapids, Michigan;...