Hotels Resorts and Cruise Lines
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On the first episode of CNBC.com's "It's a Trip," the Norwegian Cruise Lines CEO talks about the most exclusive areas of their newest ship, the Breakaway.
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*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.
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*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.
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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.
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*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.
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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.
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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.
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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..
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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..
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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.
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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.
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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..
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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.
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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.
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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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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.
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Discussing whether casino stocks are a worthy gamble in 2013, with CNBC's Simon Hobbs and Michael Leven, Las Vegas Sands president and COO.
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Norwegian Cruise Line competes with Carnival Corp and Royal Caribbean Cruises Ltd. It operates 11 ships and cruises, which range in length from one day to three weeks. In 2008, Apollo and TPG purchased a stake in Norwegian Cruise Line for $1 billion.
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Jan 18- Global cruise line operator Norwegian Cruise Line Holdings Ltd's shares rose 32 percent in their Nasdaq debut on Friday. Shares opened at $25.10 after the Apollo Global Management LLC and TPG-backed company raised $446.5 million. Norwegian Cruise shares priced at $19, above their expected range of $16 to $18.
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James Tisch, president and CEO of Loews Corporation, explains whether Washington can get its act together over the debt ceiling.
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WASHINGTON, Jan 16- A business group of top executives on Wednesday proposed reforms to Social Security and Medicare that would raise the enrollment age for both programs to 70 but not raise Social Security taxes paid by upper-income Americans.