Marriott CEO Arne Sorenson, provides insight to the process of buying Starwood Hotels & Resorts Worldwide Inc., and competition from the Chinese bidder. » Read More
Hotels have found a new business opportunity in today's mobile, technology-driven world: selling small, tech-equipped meeting rooms for private business gatherings.
Concerned about Wal-Mart’s reported cover-up of bribery in its Mexico operations, leaders of New York City’s pension funds said Monday they would vote their 4.7 million company shares against five directors standing for re-election to the retailer’s board at its annual shareholder meeting next month, the New York Times reports.
The annual "Freddie" awards honored the world's top airline and hotel loyalty programs on Thursday evening. More than 1 million travelers voted for their favorite programs in what's considered the industry's most coveted award.
Wyndham Worldwide first-quarter net income tumbled 56 percent as the hotel company incurred huge charges to extinguish debt early, but topped Wall Street expectations easily when those one-time costs are removed.
Track companies making headlines after-the-bell Wednesday:
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.
Cramer makes the call on viewers' favorite stocks.
Check out some of the companies making headlines after-the-bell Friday:
In today’s environment, whether you’re trying to convince someone to hand over their hard-earned money, adopt your ideas, or follow your advice, Don Draper’s arm-twisting approach simply won’t fly.
Online travel sales are rising rapidly, with their growing pace being two or three times that of hotels, according to a Lazard Capital Markets analyst.
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.
Take a look at some of Friday morning's early movers:
Arne Sorenson, the incoming chief executive of Marriott International, told CNBC he feels "worlds better than we did a quarter ago" about the U.S. economy.
Take a look at some of Thursday morning's early movers:
American companies adding outsourcing and back office operations in Hyderabad, Bangalore, and Mumbai, are resulting in a boon for high-end hotel brands seeking to build properties in India. The New York Times reports.
Since the beginning of 2012, the NASDAQ Composite has risen about 8 percent, followed by the S&P 500 and Dow, up 5 and 4.7 percent, respectively.
Private equity might be dirty words on the presidential campaign trail, but Blackstone buying Hilton "was the best thing to ever happen to us," CEO Christopher Nesseta told CNBC Thursday.
Take a look at some of Wednesday morning's early movers.
The "buy American stocks" trade is gaining backers by the day as US economic indicators continue to show improvement and investors become less-focused on Europe.
IKEA is going into the business of selling walls, floors and roofs, in addition to furniture, housewares and rugs. The international home-goods retail monolith recently announced plans to build an entire neighborhood in Stratford, East London.