Latest news on ‘Hospitality’
-
Hilton workers in Chicago start 3-day strike
CHICAGO (AP) — Hundreds of Hilton Chicago Hotel workers started a three-day strike Saturday that union officials say is in protest of the hotel chain’s efforts to “lock workers into [...]
-
Marriott Profit Triples But No Need To Check Into The Stock
Hotel and resort operator Marriott International ( MAR – news – people ) said Thursday that its second quarter profit more than tripled from last year, beating analyst expectations.
The [...] -
Sands China tumbles 10 percent in Hong Kong debut
HONG KONG (AP) — Las Vegas Sands Corp. saw shares in its Macau operation tumble 10 percent in its first day of Hong Kong trading Monday, after raising $2.5 billion [...]
-
Sands China falls 10 pct on HK debut on valuations
By Sui-Lee Wee
HONG KONG (Reuters) – Sands China’s (1928.HK) weak stock market debut in Hong Kong on Monday signals a lack of investor appetite for a casino gaming company with [...] -
China’s 7 Days Gains, Cloud Peak Slips Post-IPO
By LYNN COWAN
The IPO of Chinese hotel chain 7 Days Group Holdings Ltd. attracted investors in droves while coal miner Cloud Peak Energy Inc. drove them away during early trading [...] -
Las Vegas Sands Eyes Growth in Macau
By JONATHAN CHENG
HONG KONG—Las Vegas Sands Corp. said it hopes to generate 30% of its Macau revenues from non-Chinese customers after 2011, when it opens a new casino-and-resort complex in [...] -
Disney Shares Hit 52-Week High After Strong 4Q Results
By David B. Wilkerson
Walt Disney Co. (DIS) shares hit a new 52-week high Friday on the media giant’s better-than-expected fiscal fourth-quarter results and amid optimism for improvements in the advertising [...] -
Hyatt Hotels, Ancestry.com Climb Post-IPO
Lynn Cowan of DJ
Hyatt Hotels Corp.’s (H) IPO proved Thursday what every hotel operator knows: Even when the industry is full of vacancy signs, people will line up for a [...] -
Wynn Resorts Falls on 33% Drop in Third-Quarter Net
(Bloomberg) – Wynn Resorts Ltd., the casino company founded by Stephen Wynn, declined the most in five months in U.S. trading after reporting a 33 percent drop in third-quarter profit.
Wynn [...] -
Marriott Swings to Loss on Time-share Write-Downs
By A.D. PRUITT
NEW YORK—Marriott International Inc. swung to fiscal-third quarter loss amid write-downs of its time-share business. But the results beat Wall Street’s targets and suggest that stabilization in the [...]
