American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.» Read More
*Co raises FY profit forecast to $0.64- $0.67/ share from $0.57- $061. May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after increasing business and leisure travel in the United States allowed the company to charge more for its rooms in the first quarter.
May 9- Hilton Worldwide Holdings Inc raised its full-year profit forecast after strong business and leisure travel helped the company post better-than-expected quarterly results. Marriott International Inc and Hyatt Hotels Corp have also reported better-than-expected first-quarter earnings.
Amy Feldman received $350,000 on "Shark Tank" for her business Coverplay that makes slip covers for play yards. She reveals the inside scoop on the tank.
About 1.8 million Chinese tourists visit the U.S. each year and that number is expected to rise 20 percent annually.
April 30- Hyatt Hotels Corp said it expected occupancy and room rates at its hotels to remain strong as U.S. business travel continues to grow. The owner of the Park Hyatt, Grand Hyatt and Hyatt Regency chain of hotels reported a first-quarter profit above analysts' estimates, partly helped by a tight supply of rooms.
Some of the names on the move ahead of the open.
April 29- Marriott International posted a better-than-expected quarterly profit as increased business travel boosted occupancy and allowed the company to raise room rates in North America.
April 29- Marriott International Inc, the operator of the Ritz-Carlton and Renaissance hotel chains, reported a 26 percent rise in quarterly profit, helped by higher room rates and occupancy in North America. The company's net income rose to $172 million, or 57 cents per share, in the first quarter ended March 31 from $136 million, or 43 cents per share, a year earlier.
Check out which companies are making headlines after the bell Tuesday: Twitter, eBay, Costco
Some of Monday's midday movers:
April 24- Starwood Hotels& Resorts Worldwide Inc, owner of the Sheraton and Westin brands, reported a quarterly profit that beat analysts' estimates, helped by growth in business travel in North America.
The ACSI Travel Index is based on random interviews with more than 7,400 U.S. customers of airlines, hotels and Internet travel websites from October 2013 to March 2014.
Grab the sunscreen and a wad of cash — it's Spring Break! Todd Schoenberger predicts a wild party for his Spring Break stock picks.
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.
Internationally, tourism numbers are strengthening amid rises in business travel, hotel construction and airline trips.
When an important social issue intersected with business in Arizona, Corporate America decided it was time to take a stand.
The Arizona governor has until Saturday to act on a bill that would let businesses refuse service to gays and lesbians.
Gov. Jan Brewer is under pressure to veto a bill that would allow businesses to refuse service to gay and lesbians on the basis of religious freedom.
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.