Norwegian Cruise is in advanced talks to acquire peer Prestige Cruises International for around $3 billion, according to sources.» Read More
WASHINGTON, Aug 5- Hotel group Marriott is watching the spread of the Ebola virus in Africa but so far it has not hit countries where the group operates, CEO Arne Sorenson said on Tuesday. "The Ebola issue is not a positive one in terms of travel to Africa," Sorenson said in response to a question on the sidelines of the U.S.-Africa Business Forum.
BOSTON, Aug 4- Activist hedge fund Marcato Capital Management said on Monday that it has hired Houlihan Lokey as a financial advisor as it seeks to persuade InterContinental Hotels Group to consider selling itself.
A hotel in New York says it doesn't really charge $500 to guests who post negative online reviews.
About 180 gallons of paint will mark the end of a decades-long partnership between Southwest Airlines and SeaWorld.
Recreational vehicles are "the most discretionary purchase you can think of," so as the economy emerges from the recession, sales are starting to follow.
Aug 1- Hilton Worldwide Holdings Inc, which owns the Conrad and Waldorf Astoria brands, raised its full-year earnings forecast and reported a better-than-expected rise in quarterly profit, driven by an increase in business and leisure travel.
*Hotel helps Paris compete against others luxury capitals. It is part of a battle to attract Asia's new class of super-rich that not only pits the world's top hotel groups against each other but also cities such as Paris, New York and London.
July 28- Global business travel spending will reach a record $1.18 trillion this year, up nearly 7 percent from 2013, bolstered by growth in China, a U.S. trade group said on Monday.
Royal Caribbean Chairman and CEO Richard Fain, says the Caribbean is still the company's most successful market, despite a tough year.
CNBC's Simon Hobbs speaks to Stephen Holmes, Wyndham Worldwide chairman & CEO, about the company's new marketing campaign and the disruption Airbnb is causing.
Europe cruises account for 22 percent of the capacity in the company, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise. Royal Caribbean, which in April warned of pressure in its biggest market, the Caribbean, said the environment in the region remained "promotional".
July 24- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, reported a big jump in quarterly profit as demand for its European cruises rose and passengers spent more onboard.
July 24- Starwood Hotels& Resorts Worldwide Inc reported a higher-than-expected quarterly profit as an increase in global business travel drove occupancy and room rates. The operator of the Sheraton and Westin chain of hotels also raised its full-year profit forecast to $2.78- $2.85 per share from $2.76- $2.83.
July 24- Starwood Hotels& Resorts Worldwide Inc, owner of the Sheraton and Westin brands, reported an 11 percent rise in quarterly profit as occupancy and room rates increased. The company's net income rose to $153 million, or 80 cents per share, for second quarter ended June 30, from $138 million, or 71 cents per share, a year earlier.
Jilliene Helman, Realty Mogul CEO, explains their crowdfunding platform that allows accredited investors to back real estate projects.
Farm-to-table meals have become so popular that hotels are now getting in the game by offering prepared meals using food hooked or shot by guests.
Cigar City Brewing will have two brews on Carnival ships in what's being billed as a unique deal between a craft brewer and cruise line.
Malware on computers in hotel business centers can record every keystroke a guest makes.
Mom-and-pop nudist resorts are folding while larger more luxurious options are thriving, The Economist reports.
SYDNEY, July 11- Australia's IPO window appears to be narrowing as the sharemarket loses momentum and offerings start to look overpriced, sapping demand for the combined $7 billion listings of hospital firm Healthscope Ltd and insurer Medibank Private.