*Blackstone not selling shares; to retain 76.2 pct stake. Dec 2- Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group's investment. Blackstone has invested about $6.8 billion in Hilton and its 76.2 percent stake after the IPO will be worth up to $15.7 billion.» Read More
As the Carnival Triumph inches toward port, attention is turning to what rights its passengers have. But the cruise industry receives less oversight than the airline industry. The Christian Science Monitor reports.
Reeking of raw sewage, a crippled cruise ship carrying more than 4,200 people docked at a port in Mobile, Alabama, on Thursday.
NBC's Jay Gray reports Carnival will be reimbursing the passengers for their expenses of the cruise, and also $500; and Diana Furchtgott-Roth, Manhattan Institute senior fellow; and CNBC Contributors James Pethokoukis and Dan Greenhaus, weigh in.
The Carnival Triumph will now take 7-10 hours in order to dock the vessel, and 4-5 hours for passengers to disembark the ship, with CNBC's Simon Hobbs and NBC's Jay Gray; and Andrew Stoltmann of the Stoltmann Law Offices, says passengers can sue Carnival, but that they will have to show a physical injury.
CNBC's Simon Hobbs reports the 4 tugboats are again pulling the Carnival Triumph, but that the cruise ship still may not be able to dock once it reaches Mobile Bay in Alabama.
Carnival warned that the Triumph mishap will reduce its earnings and canceled a dozen more cruises aboard the ship.
NBC's Jay Gray reports the Carnival Triumph has stopped off the Alabama coast due to a broken towline; and Ed Buck is currently a Carnival Triumph passenger, and offers insight on the conditions of the boat. Also, Bridgit Aplin is a family member of passengers, and shares what she has heard from there.
CNBC's Simon Hobbs reports one of the four tugboats pulling the Carnival Triumph has broke. CruiseCritic.com editor-in-chief Carolyn Spender Brown, shares her opinions on whether this story will affect future cruise traffic.
The Carnival Triumph is being towed into port in Mobile, Alabama, with NBC's Janet Shamlian and U.S. Coast Guard Bobby Nash. Paul Argenti, Dartmouth Professor of Corporate Communication and Gene Sloan, The Cruise Log, weigh in on what kind of damage could be done to Carnival's reputation.
Discussing what the stranded Carnival cruise will do to the company and the cruise industry as a whole, with Jaime Katz, Morningstar equity analyst. NBC's Janet Shamlian reports the latest on Carnival Triumph.
NBC's Jay Gray reports passengers aboard Carnival Triumph say conditions are getting worse; and Debra Borchardt of TheStreet says her sister-in-law and niece are aboard the cruise right now, and offers insight on what they're saying.
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.
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.
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.
Rachael Rothman, Susquehanna Financial Group, explains whether the engine mishap could impact the company's stock.
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.
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.
Former FDIC Chair Sheila Bair discusses the future of regulation in regards to the hotel industry and commercial real estate, with CNBC's Simon Hobbs.
Discussing whether casino stocks are a worthy gamble in 2013, with CNBC's Simon Hobbs and Michael Leven, Las Vegas Sands president and COO.
James Tisch, president and CEO of Loews Corporation, explains whether Washington can get its act together over the debt ceiling.