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Travel Hotels, Restaurants and Leisure

  • BRUSSELS, April 4- French, German and Italian groups urged their national competition authorities on Tuesday to look into alleged anti-competitive practices by McDonald's, potentially putting the U.S. fast-food chain on course for multiple investigations in Europe. Our business model helps our franchisees secure prime real estate locations and reflects...

  • BRUSSELS, April 4- French, German and Italian groups urged their national antitrust enforcers on Tuesday to look into alleged anti-competitive practices by McDonald's, potentially putting the U.S. fast-food chain on course for multiple investigations in Europe. McDonald's, the German and Italian antitrust authorities and the European Commission did not...

  • BRUSSELS, April 4- French, German and Italian groups urged their national antitrust enforcers on Tuesday to look into alleged anti-competitive practices of McDonald's, putting the U.S. fast-food chain at risk of multiple investigations in Europe. McDonald's, the French, German and Italian competition authorities and the European Commission did not...

  • Cramer Remix: This agriculture stock is about to get much, much bigger

    Jim Cramer dug into the details around one stock’s M&A and whether it can keep running higher.

  • Jim Cramer on Mad Money.

    Jim Cramer dug into the details around one stock’s M&A and whether it can keep running higher.

  • Hotel Tonight CEO: Core market is Millennials

    Sam Shank, CEO, HotelTonight, is betting fans attending events like March Madness will need to book a last-minute room. He discusses the company's mobile app, which offers spontaneous bookings.

  • It was not immediately clear what impact the use of fresh beef would have on margins at McDonald's USA, which does not disclose what percentage of sales come from the Quarter Pounder. The multiyear turnaround plan launched by Chief Executive Steve Easterbrook has included menu changes that address consumers' demands for fresher, simpler food.

  • TORONTO, March 30- An Ontario court judge on Thursday approved the sale of a downtown Toronto hotel and condominium high-rise bearing U.S. The court-run sale of the tower, which includes 211 hotel rooms, 74 residential units, as well as commercial, retail and amenity space, had received no bids apart from JCF Capital's stalking horse offer of C $298 million.

  • March 30- Fast food giant McDonald's Corp said on Thursday it would make its Quarter Pounder burgers with fresh beef, prepared when ordered, by mid-2018 in most of its restaurants. The company has been implementing changes to attract more diners, phasing out the use of eggs from caged hens by 2025, and also removing artificial preservatives and high fructose...

  • Increase in cruise travel is expected to continue this year, with an estimated 25.3 million passengers expected to sail in 2017, compared to 15.8 million a decade ago, according to Cruise Lines International Association, an industry trade body. Carnival, which operates the Costa and Princess cruise lines, hiked ticket prices last year in response to growing...

  • March 27- Olive Garden owner Darden Restaurants Inc said on Monday it would buy Cheddar's Scratch Kitchen for $780 million in an all-cash transaction. Darden said it would buy the restaurant chain from its shareholders including private equity firms L Catterton and Oak Investment Partners. Cheddar's, which has 165 locations across 28 states, would add a...

  • March 27- Olive Garden owner Darden Restaurants Inc said on Monday it would buy Cheddar's Scratch Kitchen for $780 million in an all-cash transaction.

  • March 27- Buffalo Wild Wings Inc, battling activist hedge fund Marcato Capital Management LP in a proxy fight, escalated tension between the two sides on Monday by tapped one of Marcato's own nominees for its director slate. The restaurant chain nominated Janice Fields, a veteran executive at McDonald's Corp, and Sam Rovit, the CEO of CTI Foods and a former...

  • One of two listed casino operators in South Africa, Sun International has been hit by sluggish economic growth in its home market. It is scheduled to open its second-largest casino and entertainment complex there, the 4.2 billion rand Time Square project in Pretoria, next month. The owner of Sun City resort and the Sibaya Casino in South Africa said the slowing...

  • Marriott looks to Asia

    Craig Smith, MD of Marriott International, says Chinese tourists remain the top source market for the hospitality chain in Bali and Phuket.

  • LONDON/ NEW YORK, March 23- Fast food chain Pret a Manger's private equity owners have chosen Solebury Capital to advise on a planned New York stock market listing, people close to the situation said. Launched more than three decades ago, Pret A Manger has around 400 branches globally, serving fast food made onsite to more than 300,000 customers in Britain, the...

  • SEOUL/ HONG KONG, March 23- Major fast-food chains in South Korea and Hong Kong have pulled chicken, beef and pork off their menus as they scramble to reassure customers about food safety as Brazil's meat scandal crisis intensifies. China and Hong Kong are the top two importers of Brazilian meats, last year buying nearly one-third of the $14 billion worth of meat...

  • Vigilance necessary but do not overreact to terror threat: Richard Branson

    Virgin founder Richard Branson discusses Wednesday's suspected terror attack in Westminster and the necessary security measures to keep people safe.

  • Each Virgin company works closely with governments on security: Richard Branson

    Virgin founder Richard Branson discusses how security threats are affecting his business and the wider leisure industry.

  • March 21- Andrew Puzder, who withdrew as nominee for U.S. Labor Secretary in the new Trump administration, is stepping down as chief executive of CKE Restaurants Holdings Inc in April, the parent of the Carl's Jr and Hardee's restaurant chains said on Tuesday. Puzder pulled his name from consideration for labor secretary in February, amid concerns that he could...