Royal Caribbean Chairman and CEO Richard Fain, says the Caribbean is still the company's most successful market, despite a tough year.» Read More
Feb 14- Hyatt Hotels Corp reported a 9 percent rise in quarterly revenue due to higher occupancy and room rates across most of its properties. Net income attributable to Hyatt doubled to $32 million, or 20 cents per share, in the fourth quarter ended Dec. 31 from $16 million, or 9 cents per share, a year earlier. The company's revenue rose to $1.09 billion from $1 billion.
Tim Boyd, Founder & CEO of Peak Resorts, and Bill Benneyan, Mountain Creek Resort president explain how ski resorts are cashing in on this winter's brutal weather.
*RevPAR from Asia, excluding China, falls 3 pct. An austerity drive by China's government and slow economic activity in the rest of Asia are weighing on U.S. hoteliers' results.
*RevPAR from Asia, excluding China, falls 3 pct. Feb 13- Starwood Hotels& Resorts Worldwide Inc reported fourth-quarter revenue below Wall Street's expectations, partly due to lower occupancy and room rates in Asia, excluding China.
*RevPAR from Asia, excluding China, falls 3 pct. Feb 13- Starwood Hotels& Resorts Worldwide Inc reported fourth-quarter revenue below Wall Street's expectations, partly due to lower occupancy and room rates in Asia, excluding China, and forecast a weak profit for the current quarter.
About 67 million international travelers visited the United States in 2012, a number boosted by a $72 million marketing program.
Winter travel is up, especially among people booking near-term trips to warm-weather destinations.
MUMBAI, Feb 12- Less than nine months after opening the first hotel in Mumbai under its brand, Hong Kong luxury chain operator Shangri-La Asia handed the keys back to the owner.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
Gamblers around the world lost $440 billion last year, and the industry is growing. The US is the biggest market, but China is rising.
As some hotel chains are going smoke free, smokers can search 250,000 smoking-allowed rooms on a new booking website.
Walt Disney Co handily beat Wall Street earnings expectations on Wednesday, and shares popped in after-hours trading.
Fourteen hotels in eight states are awaiting the results of an investigation into a nine-month security breach of customer information
Despite another round of bad news headlines about the cruise industry, Carnival set a one-month reservations record in January.
Feb 3- A credit card data breach has been detected that exposed guests at certain Marriott, Holiday Inn, Sheraton and other hotel properties to theft, hotel management firm White Lodging Services Corp said on Monday.
Feb 3- A credit card data breach had been detected that exposed guests at certain Marriott, Holiday Inn, Sheraton and other hotel properties to theft, hotel management firm White Lodging Services Corp said on Monday.
More than a dozen hotels are investigating a report that customer data was stolen at a number of locations.
TOKYO, Jan 31- Japan's Seibu Holdings may hire executives recommended by Cerberus Capital Management LP in a sign the railway and hotel group is looking to mend fences with its biggest shareholder ahead of a planned IPO, people familiar with the discussions said.
While firms such as carmaker BMW have abandoned plans to increase their local presence due to unstable labour relations, U.S. hotel group Marriott International is piling in to a country whose stunning mountains, beaches and wildlife parks draw more than 9 million tourists a year.
Norwegian Cruise Line CEO Kevin Sheehan, discusses the gastrointestinal illness aboard Royal Caribbean's "Explorer of the Seas" ship, and how business has been at Norwegian since its IPO one year ago.