Internationally, tourism numbers are strengthening amid rises in business travel, hotel construction and airline trips.» Read More
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
Why should Corporate America support the gay community? It can't afford not to, says Marriott CEO Arne Sorenson.
As lending options returned last year, hotel companies have ramped up construction, including Best Western, which is aiming for a more upscale market.
Discussing economic optimism, and the outlook on U.S. growth, with Marriott CEO Arne Sorenson.
Marriott CEO Arne Sorenson explains why the hotel saw a decline in profits and revenue, and is accelerating its buyback.
*Red Sea resorts quiet but some cancellations coming in. By killing two holidaymakers near one of Egypt's biggest sea-and-sun resorts, the Islamist militants behind the attack have undermined Egyptian official assurances that foreigners face no threat from the turmoil that has shaken the country since the overthrow of autocrat Hosni Mubarak in 2011..
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Wednesday.
After the steep drop in homebuilder sentiment in February, Wednesday's housing starts report could have more impact than usual.
District Judge Jane Boyle in Dallas found that the lawsuit, brought by consumers who claimed they paid inflated prices for their rooms, failed to adequately show that such a conspiracy existed.
The firm, which declined to comment on future plans for cash returns, said refurbishments to hotels in Asia and the Middle East, Paris and New York would put capital expenditure at around $385 million in 2014, ahead of analyst forecasts, with the impact from hotel and room closures reducing operating profit by $9 million.
With more storms coming, traders will be plowing through economic reports for the impact of winter weather on the economy and corporate profits.
Feb 14- Hyatt Hotels Corp recorded a better-than-expected jump in quarterly revenue as growing confidence in the U.S. economy drew more business travelers and tourists to its hotels in the Americas.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
*RevPAR from Asia, excluding China, falls 3 pct. An austerity drive by China's government and slow economic activity in the rest of Asia are weighing on U.S. hoteliers' results.
*RevPAR from Asia, excluding China, falls 3 pct. Feb 13- Starwood Hotels& Resorts Worldwide Inc reported fourth-quarter revenue below Wall Street's expectations, partly due to lower occupancy and room rates in Asia, excluding China.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
As some hotel chains are going smoke free, smokers can search 250,000 smoking-allowed rooms on a new booking website.
Fourteen hotels in eight states are awaiting the results of an investigation into a nine-month security breach of customer information
Feb 3- A credit card data breach has been detected that exposed guests at certain Marriott, Holiday Inn, Sheraton and other hotel properties to theft, hotel management firm White Lodging Services Corp said on Monday.