(NEW YORK)Friday's report that unemployment surged to a five-year high in August helped underscore that businesses facing cutbacks and layoffs are not alone. The Labor Department reported th...READ MORE
(NEW YORK)Hotel sector stocks dropped with the broader market on Thursday as disappointing back-to-school retail sales and a spike in workers applying for unemployment benefits stoked invest...READ MORE
(NEW YORK)Shares of most hotel companies were boosted with the broader market on Friday as oil prices retreated and Federal Reserve Chairman Ben Bernanke indicated the central bank is unlike...READ MORE
(HENDERSONVILLE, Tenn.)The U.S. hotel industry continued to post occupancy and revenue per available room declines in the first week of August, according to data collected by a market research firm.READ MORE
(HENDERSONVILLE, Tenn.)U.S. hotel performance continued to lag last week with declines in overall occupancy and revenue per available room, according to data collected by a market research firm.READ MORE
(NEW YORK)Hotel franchisor Choice Hotels International Inc. reported second-quarter earnings above Wall Street's expectations late Monday, but cut its 2008 profit guidance, predicting a drop...READ MORE
Among the earnings projection stories for Tuesday, July 29, from AP Financial News: FRAZER, Pa. (AP)--Biotechnology company Cephalon Inc. on Tuesday raised its outlook for the full...READ MORE