| Source: The Associated Press
A key metric of the lodging sector's performance declined at U.S. hotels in August as an increase in room rates failed to offset declining occupancy, a market research firm said on Friday.
| Source: The Associated Press
A JPMorgan analyst on Thursday said the lodging industry will be hurt by declining corporate travel business, growing room cancellations and tough rate negotiations with corporate clients, as well as softening international revenue.
| Source: The Associated Press
The State Department has banned all U.S. personnel from staying at or even visiting major hotels in Pakistan's capital and two other cities over fears of new attacks following the deadly truck bombing at the Marriott hotel in Islamabad.
Wall Street is bracing for a big round of second-quarter earnings reports that few expect to deliver good news for the state of corporate America.
| Source: The Associated Press
With the credit crunch weighing on consumers' wallets, tap water is making a comeback.
As downgrades to Wall Street banks sent the Dow, Nasdaq and S&P into negative territory, CNBC asked the experts for investing advice.
The housing crisis and soaring energy prices are a concern for the hotel and restaurant industries, and CEOs are already feeling the effects.
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.
There are a lot of baby boomers out there and there's a lot of potential money to be made off of their retirement. Just be prepared to apply unconventional thinking to fit the habits of nontraditional people.
The $109 billion lodging industry is facing a triple squeeze play-- weakening demand, higher operating costs and more supply coming on-line.