Jim Cramer wants a revaluation on all hotel stocks following the heated bidding war for Starwood. » Read More
Investment bank Credit Suisse raises its rating on the advertising agency sector and hotels sector to "benchmark" from "underweight," arguing that the stocks in these sectors could benefit from a rise in U.S. consumer spending. However, the outlook is far less strong in Europe, " Credit Suisse strategists write in a note.
Richard Solomons, CEO, Intercontinental Hotels Group expresses confidence about his firm's growth prospects in Asia. He cites the rise of domestic travel as a major catalyst for growth.
LONDON Oct 8- The following FTSE 100. companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. COMPANY DIVIDEND INDEX IMPACT InterContinental Hotels 108.40 1.24 Kingfisher 3.09 0.29 Smith& Nephew 9.90 cents 0.22 Tesco 4.63 1.47 Wolseley 40.00 0.45 WPP Group 8.80 0.44 Among FTSE 250.
CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.
Hotels are expanding their loyalty programs and making it easier to use points not only for rooms, but also on a wide array of experiences, merchandise and entertainment. Fighter jet ride, anyone?
China’s slowing economy isn’t deterring CEOs of the world’s biggest international hotel chains, who describe the Chinese market as the “most important in the world” and are keeping their aggressive expansion plans for the country in tact.
If the idea of a health and wellness hotel brand seems odd, think again.
Just how strong is the U.S. economy right now? Good question. Tough answer. We picked four specific segments of the consumer economy and are taking a look inside the stocks to find some answers. Hotels. Restaurants. Theme parks. Appliances.
Another day, another Greek deadline: Today, the Greeks have to: 1) Produce written commitments from the two main party leaders that they plan to stick to the austerity program after Greek elections in April; and 2) detail how it will cut an extra 325 million euros ($428 million) euro zone finance ministers insist be cut before the second bailout money — 130 billion euros, or $171 billion — is released.
Wyndham Worldwide will release second-quarter figures on Wednesday before the bell. In the past 8 quarters, Wyndham Worldwide shares rose 2.23 percent, on average, two days after the company reported its quarterly results.
Information like restaurant tips, flight times and driving directions is coming to guests at midtier hotels that do not provide traditional concierge services. The New York Times reports.
China’s high-speed railway system, the largest-ever transportation infrastructure project in history, is presenting opportunities for global investors, says Jerry Lou, China Strategist at Morgan Stanley.
Not only are hordes of internatonal tourists visiting the big name cities, a new generation of domestic travelers are discovering China's second- and third-tier cities.
India’s growing market for clean and decent, yet affordable hotel rooms is now attracting plenty of international attention. The Financial Times reports.
Following are moves you might have missed. Find out why shares of Rambus and Motorola Mobility popped while IBM and Intercontinental Hotels dropped.
Here's why you should keep a close eye on these six stocks.
With the S&P climbing about 5% in only 3 days, can the bulls continue to drive this market higher?
Office meetings do more harm than good. One UK company is trying a novel method to improve them.
That didn't last long: euphoria over the EU deal already wearing off: Spain down 5 percent, Portugal down 3 percent, Italy down 2 percent...euro weakness resumes. At least Germany backed the plan. But some are arguing that letting the euro continue to devaluate will be a long-term help to the EU economy.
What follows is a roundup of corporate earnings reports for Wednesday, Feb. 10.