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Hotels Resorts and Cruise Lines

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  • April 10- Shares of auto-lender Ally Financial Inc fell as much as 3 percent in their market debut on Thursday, taking the shine off the biggest U.S. Treasury, which sold 95 million shares at $25 each, the low end of the expected price range of $25- $28.

  • World's first Ferrari Hotel to open in theme park Wednesday, 9 Apr 2014 | 12:23 PM ET
    The Ferrari Hotel is scheduled to open in 2016.

    A 5-star hotel will be built in a Ferrari theme park along with rides including the highest and fastest vertical accelerator in Europe.

  • *Shares open at $16.75, below IPO price of $17. La Quinta's shares, which priced below the expected range at $17, fell as much as 4 percent in early trading before recovering their losses to trade slightly up.

  • April 8- The initial public offering of La Quinta Holdings, owned by the Blackstone Group, was priced at $17 per share on Tuesday, valuing the hotel chain at about $2.1 billion. La Quinta's IPO raised $650 million, after its offering of 38.25 million shares was priced below an expected range of $18 to $21 a share.

  • April 8- Blackstone Group LP- owned La Quinta Holdings Inc's initial public offering priced at $17 per share, according to Bloomberg, valuing the hotel chain at about $2.1 billion. La Quinta's IPO raised $650 million, after its offering of 38.25 million shares priced below an expected range of $18 to $21 a share, Bloomberg reported.

  • Pent-up winter demand to boost travel spending Tuesday, 8 Apr 2014 | 12:01 AM ET

    After more than 100,000 flights were canceled this winter, business travelers are returning to the road.

  • WASHINGTON, April 7- A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information.

  • WASHINGTON, April 7- A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against the hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information.

  • DUBAI, March 31- Dubai World, the conglomerate at the centre of the emirate's debt crisis, has the means to make its first big repayment on time next year and expects to pay off more of its debt ahead of schedule, a top executive said.

  • *Plans to sell 37.2 mln shares at $18- $21 each. March 27- La Quinta Holdings Inc will raise as much as $780 million from its initial public offering, as it becomes the third hotel chain to be taken public by Blackstone Group LP in six months.

  • *Plans to sell 37.2 mln shares at $18- $21 each. March 27- La Quinta Holdings Inc will raise as much as $780 million from its initial public offering, as it becomes the third hotel chain to be taken public by Blackstone Group LP in six months.

  • March 27- La Quinta Holdings Inc, a hotel chain backed by Blackstone Group LP, said it expects to sell 37.2 million shares in its initial public offering at between $18 and $21 per share. Irving, Texas- based La Quinta will have an equity valuation of $2.57 billion at the top of the expected price range.

  • Blackstone to scale back stake in SeaWorld Wednesday, 26 Mar 2014 | 11:23 AM ET
    Seaworld launches their IPO at the NYSE on April 19, 2013.

    The Blackstone Group plans to reduce its ownership in SeaWorld to 25 percent. In December it was as high as 63 percent.

  • PORT LOUIS, March 26- Mauritius- based luxury hotel group Sun Resorts swung into the red last year, posting an annual pretax loss of 43.9 million rupees, it said on Wednesday.

  • March 25- Carnival Corp, the world's largest cruise operator, forecast a full-year profit below analysts' estimates as it cuts prices and spends more on advertising to attract customers after onboard mishaps hurt demand over the past couple of years.

  • Carnival CEO: Using innovation to drive demand     Tuesday, 25 Mar 2014 | 11:41 AM ET

    Arnold Donald, Carnival CEO, discusses the new innovations his company is employing to drive demand and increase guest experience. Donald also weighs in on Carnival's first quarter earnings beat.

  • March 25- Carnival Corp, the world's largest cruise operator, forecast a full-year profit below analysts' estimates as it cuts prices to attract customers after onboard mishaps hurt demand for its cruises over the past couple of years.

  • March 25- Carnival Corp, the world's largest cruise operator, barely broke even on an adjusted per-share basis in the first quarter and warned it might post a loss for the current quarter due to a rise in costs.

  • Carnival Corp forecasts loss for current quarter Tuesday, 25 Mar 2014 | 9:31 AM ET

    March 25- Carnival Corp, the world's largest cruise operator, barely broke even on an adjusted per-share basis in the first quarter and forecast a loss for the current quarter due to a rise in costs.

  • 9/11 Memorial Museum to open to public May 21 Monday, 24 Mar 2014 | 2:49 PM ET
    Rendering of the planned 9/11 Memorial Museum, New York.

    The museum at the site of the World Trade Center will open to the public in May, officials announced today.