Here are the names that Pimco's Mark Kiesel believes are the best investment opportunities right now.» Read More
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.
The European bond market is signaling that the continent's economy is "probably going to be OK," Starwood Capital's Barry Sternlicht tells CNBC.
There’s something big going on in travel. Jim Cramer thinks it could generate opportunity.
In the midst of an $8 billion growth spurt, Sheraton will open a record 38 newly constructed hotels in the next 12 months, including several in Iraq.
When an important social issue intersected with business in Arizona, Corporate America decided it was time to take a stand.
Sometimes companies tell you things in ways that are less than obvious. Sometimes they do this.
Ssome of Friday's midday movers:
The "Fast Money" traders share their final trades of the day.
Some of the names on the move ahead of the open.
Winter weather probably took a bite out of January's retail sales, while jobless claims data may also be affected.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and some sarcastic reflections.
As some hotel chains are going smoke free, smokers can search 250,000 smoking-allowed rooms on a new booking website.