Grab the sunscreen and a wad of cash — it's Spring Break! Todd Schoenberger predicts a wild party for his Spring Break stock picks.» Read More
*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.
Feb 3- A credit card data breach had 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.
WASHINGTON, Jan 31- President Barack Obama will meet on Friday with the leaders of more than 20 big companies which have agreed not to discriminate against the long-term unemployed, part of his initiatives to get the jobless back to work.
While firms such as carmaker BMW have abandoned plans to increase their local presence due to unstable labour relations, U.S. hotel group Marriott International is piling in to a country whose stunning mountains, beaches and wildlife parks draw more than 9 million tourists a year.
It's perfect for "Squawk Box": a who's who of corporate leaders, policymakers, Hollywood A-listers ... and our intrepid co-hosts.
DAVOS, Switzerland, Jan 23- Multinational companies are becoming more picky about emerging market investments as slowing growth in upstart economies and a recovery in the West takes the shine off a previous sure-fire strategic bet.