As markets await Fed's move to end the quantitative easing program when it releases its statement Wednesday, traders keep eyes on oil and earnings.» Read More
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.
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.
In the hunt for top mobile and web developers, it's no longer just hot technology start-ups competing with Facebook and Google.
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.
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.