M&C, with 100 hotels globally, on Thursday said trading in Asia, where it makes 40 percent of its revenue, had suffered from slower growth in China, falling tourist numbers in South Korea and a host of problems in its biggest market, Singapore.
March 13- Online travel agency Priceline.com' s $1.8 billion deal to acquire smaller rival Kayak Software Corp, which was expected to close this month, will be delayed due to a prolonged review by UK antitrust regulators. Ascendiant Capital Markets analyst Edward Woo said the delay could be because of the OFT's 2012 investigation of online travel agencies.
NEW YORK, Jan 16- Healthy hotels, wellness tourism and the holistic medicine system Ayurveda are expected to be the among the top spa trends in 2013, according to a report that tracks the $73 billion global industry.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.