Travel Hotels Resorts and Cruise Lines

  • MEXICO CITY— Mexico's president-elect announced an even more ambitious proposal for a train on the Yucatan peninsula Monday that would link nearly all the region's main tourist draws and cost double or more than the previously announced figure. Andres Manuel Lopez Obrador had campaigned on building the tourist train from the beach resort city of Cancun...

  • Norwegian Cruise Lines CEO: Economists should look at cruise industry as a leading economic indicator

    Norwegian Cruise Lines CEO Frank Del Rio discusses the cruise operator's quarterly earnings, the state of the travel industry and the strength of the consumer.

  • ATHENS, GREECE - JUNE 26: Plastic garbage lying on the Aegean sea beach near Athens on June 26, 2018 , Greece.

    2018 has seen a raft of companies make pledges on their use of plastic - here are some of the biggest. 

  • The Norwegian Cruise Line Holdings Ltd. Norwegian Bliss ship sits docked at the Ogden Point Cruise Terminal in British Columbia, Canada. 

    Norwegian's Cruise Line raised its earnings forecast for they year, saying its latest ship, Bliss, has been "hugely successful."

  • Stocks struggled to a mostly lower finish on Wall Street as losses for banks and energy stocks offset gains elsewhere in the market. Yelp jumped 26.7 percent after raising its revenue forecast, but Rite Aid slumped 11.5 percent after calling off its sale to the grocery chain Albertsons. Flowserve, Viacom and Norwegian Cruise Line all rose sharply after...

  • MIAMI _ Norwegian Cruise Line Holdings Ltd. on Thursday reported second-quarter earnings of $226.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share. Norwegian Cruise Line expects full-year earnings in the range of $4.70 to $4.80 per share.

  • DENVER _ Red Lion Hotels Corp. on Thursday reported a loss of $2.3 million in its second quarter. On a per-share basis, the Denver- based company said it had a loss of 10 cents. Red Lion Hotels shares have increased 31 percent since the beginning of the year.

  • ROCKVILLE, Md. _ Choice Hotels International Inc. on Wednesday reported second-quarter earnings of $79.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Choice Hotels expects full-year earnings in the range of $3.71 to $3.77 per share.

  • LAS VEGAS— Casino operator Wynn Resorts has appointed its current CEO and the former CEO of Deutsche Bank to its board of directors. The addition of Wynn Resorts CEO Matt Maddox and former Deutsche Bank executive Richard Byrne brings the number of board members to 11.. The announcement came a day after the company disclosed that casino industry veteran Phil...

  • BETHESDA, Md. _ Host Hotels& Resorts Inc. on Tuesday reported a key measure of profitability in its second quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of 51 cents per share. Eight analysts surveyed by Zacks expected $1.49 billion.

  • WILLIAMSBURG, Va. _ Sotherly Hotels Inc. on Tuesday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Williamsburg, Virginia, said it had funds from operations of $8.4 million, or 55 cents per share, in the period. Sotherly Hotels expects full-year funds from operations in the range of $1.04 to $1.08 per share.

  • Scenes from a Marriott hotel in Midtown. Last month, it put into effect a 48-hour cancellation policy for new bookings within the Marriott and Starwood brand families.

    Marriott signaled weakness in revenue per available room in North America, its largest market, for the third quarter, sending shares of the world's largest hotel chain down about 4 percent.

  • LAS VEGAS— The Latest on actions taken by the board of directors of casino operator Wynn Resorts:. Casino operator Wynn Resorts says an internal committee has finished its investigation into the sexual misconduct allegations leveled against company founder Steve Wynn. The board of directors of Las Vegas- based Wynn Resorts is undergoing more changes.

  • FAIRFAX, Va. _ Playa Hotels& Resorts NV on Monday reported second-quarter net income of $16.8 million, after reporting a loss in the same period a year earlier. Three analysts surveyed by Zacks expected $144.9 million. Access a Zacks stock report on PLYA at https://www.zacks.com/ap/PLYA.

  • BETHESDA, Md. _ Marriott International Inc. on Monday reported second-quarter earnings of $610 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Four analysts surveyed by Zacks expected $5.98 billion.

  • Aug 6- Casino operator Wynn Resorts on Monday named industry veteran Phil Satre its vice-chairman, in a symbolic victory for largest shareholder Elaine Wynn, who has been pushing for changes at the company's board. Elaine Wynn will be reimbursed for up to $5 million for out-of-pocket expenses related to the company's 2018 annual meeting and negotiations.

  • MOSCOW/ SEVASTOPOL, Crimea, Aug 3- U.S. firm Best Western Hotels& Resorts, the last Western hotel chain still in Crimea, has pulled out because of sanctions imposed after Russia annexed the region from Ukraine, two hotel employees said. Other major brands, among them McDonald's Corp and Radisson Hotels have already quit Crimea. The ending of Best Western's presence...

  • MOSCOW/ SEVASTOPOL, Crimea, Aug 3- U.S. firm Best Western Hotels& Resorts, the last Western hotel chain still in Crimea, has pulled out because of sanctions imposed after Russia annexed the region from Ukraine, two hotel employees said. Other major brands, among them McDonald's Corp and Radisson Hotels have already quit Crimea. The ending of Best Western's presence...

  • MOSCOW/ SEVASTOPOL, Crimea, Aug 3- U.S. firm Best Western Hotels& Resorts, the last Western hotel chain still in Crimea, has pulled out because of sanctions imposed after Russia annexed the region from Ukraine, two hotel employees said. Other major brands, among them McDonald's Corp and Radisson Hotels have already quit Crimea. The ending of Best Western's presence...

  • MOSCOW/ SEVASTOPOL, Crimea, Aug 3- U.S. firm Best Western Hotels& Resorts, the last Western hotel chain still in Crimea, has pulled out because of sanctions imposed after Russia annexed the region from Ukraine, two hotel employees said. Other major brands, among them McDonald's Corp and Radisson Hotels have already quit Crimea. The ending of Best Western's presence...