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Las Vegas Sands Corp. fell$. 07 or. 1 percent, to $68.83. MGM Resorts International fell$. 04 or. 2 percent, to $25.11. Marriott International Inc. rose$. 67 or 1.0 percent, to $68.13.
Las Vegas Sands Corp. rose$. 06 or. 1 percent, to $68.96. Marriott International Inc. rose$. 70 or 1.0 percent, to $68.16. Starwood Hotels& Resorts Worldwide Inc. rose$. 70 or. 8 percent, to $84.45.
Las Vegas Sands Corp. rose$. 48 or. 7 percent, to $68.90. MGM Resorts International rose$. 11 or. 4 percent, to $25.15. Marriott International Inc. rose$. 29 or. 4 percent, to $67.66.
Las Vegas Sands Corp. rose$. 61 or. 9 percent, to $69.03. MGM Resorts International rose$. 24 or. 9 percent, to $25.28. Marriott International Inc. rose$. 14 or. 2 percent, to $67.51.
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.
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.
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.
An app-only booking company has added keyless room entry and mobile check-in features for hotel guests.
Intercontinental Hotels' board rejected a merger offer in May, Sky News reports.
Despite opposition, Airbnb's rent-your-home marketplace, with its 'airbed and breakfast' approach, is catching on in the shared economy.
Take a look at some of Monday's midday movers:
LONDON, May 25- The world's largest hotelier, Intercontinental Hotels Group, has rejected a 6 billion pound takeover offer from a U.S. bidder, Sky News reported, citing unidentified sources. A spokeswoman for IHG, which runs 4,700 hotels with brands such as Crowne Plaza, Holiday Inn and Intercontinental, declined to comment on the report.
Europe's AC Hotels are coming to the United States in hopes of luring the millennial business traveler.
If you’re looking for a place to rest some money, you might want to consider Cramer’s favorite hotel stocks.
*Co raises FY profit forecast to $0.64- $0.67/ share from $0.57- $061. May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after increasing business and leisure travel in the United States allowed the company to charge more for its rooms in the first quarter.
About 1.8 million Chinese tourists visit the U.S. each year and that number is expected to rise 20 percent annually.
April 30- Hyatt Hotels Corp said it expected occupancy and room rates at its hotels to remain strong as U.S. business travel continues to grow. The owner of the Park Hyatt, Grand Hyatt and Hyatt Regency chain of hotels reported a first-quarter profit above analysts' estimates, partly helped by a tight supply of rooms.
April 24- Starwood Hotels& Resorts Worldwide Inc, owner of the Sheraton and Westin brands, reported a quarterly profit that beat analysts' estimates, helped by growth in business travel in North America.
April 24- Starwood Hotels& Resorts Worldwide Inc's quarterly profit topped Wall Street estimates as growth in business travel in North America boosted both occupancy and room rates.