Sept 16- Blackstone Group LP aims to raise about $16 billion for its latest flagship buyout fund, roughly in line with a predecessor fund that wrapped up fundraising in 2012, a person familiar with the matter said on Tuesday. The Wall Street Journal earlier reported on the fundraising target.» Read More
New York Attorney General Eric Schneiderman is trying another tack in pursuit of people who may be illegally renting their residences via Airbnb.
A New York judge ruled in favor of Airbnb Tuesday in its ongoing fight with the state's attorney general.
The protest against the Beverly Hills Hotel and Bel-Air Hotel continues to grow.
*Co raises FY profit forecast to $0.64- $0.67/ share from $0.57- $061. May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after increasing business and leisure travel in the United States allowed the company to charge more for its rooms in the first quarter.
May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after strong business and leisure travel helped the company post better-than-expected quarterly results. Marriott International Inc and Hyatt Hotels Corp have also reported better-than-expected first-quarter earnings.
May 9- Hilton Worldwide Holdings Inc's quarterly profit nearly quadrupled as increased business and leisure travel drove up occupancy and room rates.
The Beverly Hills Hotel and Hotel Bel-Air face a loss of business over their owner's ties to Sharia law.
When budgeting for summer travel, here's how to spend more on fun and less on fees.
Walt Disney World is preparing to open its first new roller coaster since 2006.
The Virgin CEO has joined Ellen DeGeneres, Jay Leno and others in a boycott of the Dorchester Hotel chain over the owner's ties to Sharia law in Brunei.
Corporate expense reports are seeing an eye-popping rate of growth from employees using sharing-economy businesses.
About 1.8 million Chinese tourists visit the U.S. each year and that number is expected to rise 20 percent annually.
Ed Walter, Host Hotels and Resorts president & CEO, breaks down the hotel's east coast versus west coast growth and discusses the terrorism risk insurance act.
Price and quality of information are the two top elements customers want from a trip booking site, according to a new survey.
Arne Sorenson, Marriott International president & CEO, reacts to the company's quarterly earnings and outlook. Sorenson also discusses the hotel's new Marriott Marquis opening in Washington DC.
As some hotels have added ladies-only floors to increase security and add amenities, one court has said it's unfair.
To save on your summer vacation, you'll need to get creative. Here are six tricks to cut airfares and hotel stays with minimal effort.
April 30- Hyatt Hotels Corp said it expected occupancy and room rates at its hotels to remain strong as U.S. business travel continues to grow. The owner of the Park Hyatt, Grand Hyatt and Hyatt Regency chain of hotels reported a first-quarter profit above analysts' estimates, partly helped by a tight supply of rooms.
April 30- Hyatt Hotels Corp reported a 10 percent rise in quarterly revenue as growth in business travel in North America boosted both occupancy and room rates. Net income attributable to Hyatt rose to $56 million, or 36 cents per share, in the first quarter, from $8 million, or 5 cents per share, a year earlier.
April 29- Marriott International posted a better-than-expected quarterly profit as increased business travel boosted occupancy and allowed the company to raise room rates in North America.