In a blistering critique of what it perceives as BNY Mellon's many shortcomings, Marcato Capital Management demanded the CEO's replacement.» Read More
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.
Hilton may soon learn a hard lesson about loyalty, compliments of its rival InterContinental Hotels Group. IHG is targeting Hilton loyalty program members who were upset by Hilton Worldwide's recent decision to raise the number of loyalty points required for a free hotel stay with a promotion IHG is calling the "Luckiest Loser."
The Dow eked out a gain Tuesday in light, choppy trading following Monday's rally. Health-care, utilities and materials were the best-performing sectors.
Stocks opened slightly lower Tuesday as investors took a breather after Monday's rally — but it was a short-lived breather with stocks bouncing back within the first hour of trading.
Futures indicated a slightly lower open for the U.S. stock market on Tuesday amongst mixed reports from corporates on earnings, outlook and employment and ahead of the Veterans Day.
In the midst of the recession, Intercontinental Hotels doled out $1 billion cash to make over its Holiday Inn brand in the largest relaunch in the history of the hospitality industry.
Trends in the last several months have been getting “less worse” in the hotel industry, said Patrick Scholes, hotel and lodging analyst at FBR Capital Markets. He told investors where they should be putting money to work.
Priceline.com was up 14% yesterday after beating Q2 earnings estimates on strong sales and bookings and guiding above expectations for its current third quarter. The company noted that its results have been and continue to be helped by strong demand for leisure travel this summer, which has been spurred by lower prices via heavy discounting.
It's the second installment of our Summer on the Street series, where Maria will be hosting "Closing Bell" from the steps of Federal Hall. With the Dow at 9,000, our market experts will weigh in on whether this rally has more room to run.
Investors have a new variable that could potentially impact investment outcomes -- the flu. Your portfolio strategy will be impacted depending on how serious the spread of swine flu is and how dramatic the resulting panic turns out to be.
Twice each year, Standard and Poor's runs a stock screen, designed to find stocks that Warren Buffett might find attractive based on his general investment philosophy. The new list has just been released. Guess what well-known name is missing this time around. (Pay no attention to the picture on the left.)
David Katz at Oppenheimer feels optimistic about some hotel stocks.
Travelers to the Olympic Games this August in China better book airline tickets soon, but a dramatic buildup of Western hotels—many still just coming on-line —should make finding a room less of a challenge.