In a blistering critique of what it perceives as BNY Mellon's many shortcomings, Marcato Capital Management demanded the CEO's replacement.» Read More
As lending options returned last year, hotel companies have ramped up construction, including Best Western, which is aiming for a more upscale market.
U.K. companies posted their best results in two years during the fourth quarter, according to The Share Centre.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
Fourteen hotels in eight states are awaiting the results of an investigation into a nine-month security breach of customer information
The luxury level hotels have been slow to offer free Internet connections, but Loews is giving up the fees in hopes of luring more guests.
Richard Solomons, CEO of InterContinental Hotels Group (IHS), discusses his strategy, after the company sold most of the buildings it owned.
Kirk Kinsell, president of IHG Americas, tells CNBC's Simon Hobbs Even Hotels are a total wellness offer; they give the opportunity to maintain dietary needs as well as get a great night's sleep.
Wedding crashers have less interest in your reception goodies than in your discounted hotel room block.
Richard Solomons, CEO of the InterContinental Hotels Group, talks about how 50% of its growth and future pipeline is in Asia.
European shares closed higher on Thursday, after both the European Central Bank (ECB) and the Bank of England (BoE) voted to maintain ultra-loose monetary policy.
Those staying in hotels this year are happier with their visit than they have been in the past 7 years. Here are tips to make you even more satisfied.
As hotel owners are becoming increasingly optimistic - and profitable - a brighter future is driving new investments.
Road warriors loyal to Hyatt can soon earn and redeem rewards at 12 MGM Resorts in Las Vegas, as the companies enter a reciprocal relationship.
Club Mediterranee's top shareholders said on Monday they plan to offer to buy the holiday group alongside the company's management.
The UAE and Saudi Arabia big drivers for the InterContinental Hotels Group, the world's largest hotel by number of rooms. Richard Solomons, the firm's CEO, discusses the drivers of regional demand, and why Africa is not on his priority list.
Global hotel brands' aggressive expansion in the Arabian Gulf is helping to drive profits and offset markets hit by the Arab uprisings, hotel group CEOs told CNBC.
Holiday Inn Express plans to bring back its popular "Stay Smart" ad campaign and add new, healthier breakfast options and upgraded bathroom amenities to lift their brand.
Hotel chains are expanding in China as its growing middle class fuels demand for domestic travel and lodging. But is the sector too hot?
The 287-room Lemon Tree Premier hotel at Delhi's Indira Gandhi International Airport features a dramatic view of planes landing and taking off, but it has no guests to see them.
Will the second quarter have automakers smiling? Will the housing recovery rev up? Here's a look at what to expect from some key sectors.