Travel Hotels, Restaurants and Leisure

  • NEW YORK, Nov 14- Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and hotel operator Hilton Worldwide Holdings. Ackman's hedge fund, Pershing Square Capital Management, sold out of Mondelez International during...

  • Jim Cramer on "Mad Money."

    Jim Cramer explains why it's only a matter of time before investors come around on Alphabet.

  • Starbucks CEO: 'We're not immune' to the trade war, but we're 'playing the long game' in China

    Jim Cramer speaks with Starbucks CEO Kevin Johnson, who says that his coffee giant's business in China has been built "in China, for China."

  • Starbucks CEO: 'We're 'playing the long game' in China

    Jim Cramer speaks with Starbucks CEO Kevin Johnson, who says that his coffee giant's business in China has been built "in China, for China."

  • Kevin Johnson of Starbucks speaks at the Annual Meeting of Shareholders at McCaw Hall in Seattle, Washington.

    Jim Cramer speaks with Starbucks CEO Kevin Johnson, who says that his coffee giant's business in China has been built "in China, for China."

  • Family with two children taking selfie by resort swimming pool

    TripAdvisor shares surge after the travel company reports that third-quarter earnings were boosted by its growing non-hotel business.

  • Nov 6- Wendy's Co missed Wall Street expectations for quarterly sales at its established outlets in North America on Tuesday, as the burger chain struggled to lure diners in a fiercely competitive U.S. fast-food industry. To attract people looking for cheap eats, Wendy's has launched a slew of promotions including "4 for $4", discounted Baconator Fries and a 50-...

  • Nov 6- Wendy's Co missed Wall Street expectations for quarterly sales at its established outlets in North America on Tuesday, as the burger chain struggled to lure diners in a fiercely competitive U.S. fast-food industry. Net income rose to $391.2 million, or $1.60 per share, in the third quarter, from $13.7 million, or 5 cents per share, a year earlier.

  • Nov 6- Fast-food chain Bojangles Inc is being taken private by investment firms Durational Capital Management LP and Jordan Co for $593.7 million, the latest deal in a sector that is struggling with high costs and increased competition. The fried chicken and biscuit chain runs 766 restaurants, largely in southeastern United States, and has reported declining...

  • Looking to be a market leader in

    John Guscic of Webjet weighs in on the advantages gained from the company's acquisition of Dubai-based travel industry wholesaler Destinations of the World.

  • Nov 5- U.S. hotel chain Marriott International Inc on Monday cut its fourth-quarter forecast for a key measure of hotel health, blaming uncertainty related to weak demand in North America, its biggest market. Marriott's net income dropped to $483 million in the quarter ended Sept. 30 from $485 million. On an adjusted basis, the company earned $1.70 per share,...

  • Disneyland may be exempt from Anaheim wage measure

    CNBC's Jane Wells reports on a battle between the city of Anaheim, California and Disneyland over wage raises.

  • Nov 1- Starbucks Corp on Thursday reported a better-than-expected rise in quarterly sales at established stores as it benefited from higher prices in the United States and a rebound in China, sending its shares up nearly 9 percent. Quarterly same-store sales in China also rose 2 percent, reversing a decline from the third quarter and driving a 3 percent rise in...

  • Nov 1- Starbucks Corp reported a better-than-expected rise in quarterly sales at established cafes on Thursday, helped by strong growth in the United States and a rebound in China, sending its shares up more than 8 percent. Quarterly same-store sales in China also rose 2 percent, reversing a decline from the third quarter and driving a 3 percent rise in global...

  • Inside the most expensive hotel room in America

    CNBC's Robert Frank takes CNBC into America's most expensive hotel room in America, the Mark Hotel's penthouse suite. At $75,000 a night, staying at the suite includes access to their sailing yacht and private shopping trips to Bergdorf Goodman.

  • DUBAI, Oct 31- Abu Dhabi National Hotels is in talks to buy some hotel buildings from Dubai's Emaar Properties, two sources familiar with the matter said, as Emaar increasingly focuses on its core businesses. ADNH's portfolio currently includes hotels managed by Hilton, Ritz-Carlton, Sheraton and Park Hyatt in Abu Dhabi. Emaar's hotel portfolio includes the...

  • SAO PAULO, Oct 30- McDonald's Corp's Brazilian customers will be able to buy their Big Macs and fries using their highway toll payment passes under a partnership the fast food restaurant operator has struck with Fleetcor Technologies Inc.. Fleetcor paid $1.12 billion in March 2016 to acquire Sem Parar, Brazil's largest electronic toll road payment provider.

  • Oct 25- Billionaire investor William Ackman has taken a stake in hotel operator Hilton Worldwide Holdings for the second time in two years after earning a 32 percent profit on his investment in 2017.. Ackman's Pershing Square Capital Management hedge fund owns 10.9 million shares, or 3.7 percent, of the company, according to a filing made on Thursday.

  • Oct 25- Activist investor William Ackman's Pershing Square Capital Management has acquired a 3.7 percent stake in hotel operator Hilton Worldwide Holdings, the fund said on Thursday. Hilton has a market capitalisation of $19 billion. Pershing Square, which this month announced a $900 million position in Starbucks, said it intends to discuss the Hilton...

  • *Tim Hortons gains from revamp announced earlier. The first steps in a C $700 million revamp of Hortons- a Canadian icon that now has more than 800 U.S. outlets- saw same-store sales grow 0.6 percent in the third quarter, double that a year earlier and up from a flat performance in the preceding quarter. Neil Saunders, an analyst with GlobalData Retail, said while...