UPDATE 1-More American tourists head to Japan as battered yen beckons Updates headline By Aishwarya Jain July 1 (Reuters) - American tourists headed for Japan have surged this year, lured by a slump in the value of the yen, which is also driving a massive jump in foreign investor interest in the country's lodgings market. The number of Americans arriving in Japan by air crossed more than 900,000 in the first five months of 2024, climbing 17.4% year-over-year and vaulting 35.5% from 2019 before t

More American tourists say 'konnichiwa' as battered yen beckons By Aishwarya Jain July 1 (Reuters) - American tourists headed for Japan have surged this year, lured by a slump in the value of the yen, which is also driving a massive jump in foreign investor interest in the country's lodgings market. The number of Americans arriving in Japan by air crossed more than 900,000 in the first five months of 2024, climbing 17.4% year-over-year and vaulting 35.5% from 2019 before the pandemic, the Intern

Live Nation could face 2026 trial in US antitrust case, judge says By Mike Scarcella June 27 (Reuters) - The U.S. Justice Department's lawsuit seeking to break up entertainment industry giant Live Nation LYV.N and its Ticketmaster unit could go to trial in early 2026, a judge in New York said on Thursday. At the first hearing in the blockbuster antitrust lawsuit, U.S.

BRIEF-Starbucks Marriott Bonvoy & Co Collaborate To Offer U.S. Loyalty Program Members Opportunity To Earn Stars Toward Free Beverages, Food & More June 18 (Reuters) - STARBUCKS: STARBUCKS: MARRIOTT BONVOY & CO COLLABORATE TO OFFER U.S. LOYALTY PROGRAM MEMBERS OPPORTUNITY TO EARN STARS TOWARD FREE BEVERAGES, FOOD & MORE

U.S. RESEARCH ROUNDUP-Biomea Fusion, Enphase Energy, Perion Network June 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several US-listed companies, including Biomea Fusion, Enphase Energy and Perion Network, on Tuesday. HIGHLIGHTS * Biomea Fusion Inc BMEA.O : Truist Securities cuts to hold from buy * Cleveland-Cliffs Inc CLF.N : JP Morgan cuts to neutral from overweight * Enphase Energy Inc ENPH.O : HSBC raises to buy from hold * Perion Network Ltd PER

Hotel executives set sights on empty office buildings as supply lags demand By Doyinsola Oladipo NEW YORK, June 5 (Reuters) - Hotel executives are surveying vacant office and residential buildings in prime locations from the U.S. to China to drive supply growth as financing challenges for new construction hinder efforts to maximize buoyant demand.

US business travel is back but it looks different, hotel CEOs say By Doyinsola Oladipo June 4 (Reuters) - Business travel has returned to the United States, hotel executives at a New York industry conference said this week, as companies of all sizes are increasingly booking trips at higher levels and prices than before the pandemic. Corporations are eschewing long-haul international business travel, however, and are instead prioritizing U.S.

US romance writers' group seeks loving embrace of bankruptcy court By Dietrich Knauth NEW YORK, May 29 (Reuters) - Hang up the ripped bodices, give Fabio the bad news and cue the lawyers: the Romance Writers of America, a nonprofit devoted to helping romance writers build their careers, is headed to bankruptcy court. As with so many affairs of the heart, trouble started in a hotel, or more precisely with hotel bills for the organization's flagship annual conference, which the group said it could

ANALYSIS-Tourism a boon for Spain's economy but a bane for some locals Visitors to Spain reach 85 million per year since pandemic Tourism helps Spain grow faster than euro zone peers Some Spaniards don't feel benefits of boom By Belén Carreño and Corina Pons MADRID, May 21 (Reuters) - Fresh from a tour of Real Madrid's glittering Santiago Bernabeu stadium in the Spanish capital, Guadalupe Rebollo says a holiday in Spain with her 15-year-old daughter is a better deal than one on the beach in he

Sony Music sues Marriott over 100s of songs used in social-media ads By Blake Brittain May 20 (Reuters) - Sony Music 6758.T has sued Marriott MAR.O in Delaware federal court, accusing the hotel chain in a lawsuit made public on Monday of using more than 900 of its artists' songs without permission in Marriott advertisements on social media platforms.

CoStar, hotels slam consumers' ‘fanciful’ room pricing lawsuit By Mike Scarcella May 20 (Reuters) - Commercial real estate information giant CoStar CSGP.O and a group of high-end hotels have asked a U.S. judge to dismiss claims that they improperly shared data to keep room prices artificially high, calling the case "fanciful." CoStar and six hotel operators including Hilton HLT.N , Hyatt H.N and Marriott MAR.O said in their Seattle federal court filing on Friday that there was no evidence th

BRIEF-Marriott International Declares An Increase In Quarterly Cash Dividend May 10 (Reuters) - Marriott International Inc MAR.O : MARRIOTT INTERNATIONAL DECLARES AN INCREASE IN QUARTERLY CASH DIVIDEND MARRIOTT INCREASES QUARTERLY DIVIDEND BY 21% MARRIOTT - DECLARED A QUARTERLY CASH DIVIDEND OF 63 CENTS PER SHARE OF COMMON STOCK Source text for Eik

REFILE-Biden to meet with CEOs of United, Citi and others, says US official Refiles to fix typographical error in headline WASHINGTON, May 7 (Reuters) - U.S. President Joe Biden will on Tuesday meet with the CEOs of Citigroup C.N , United Airlines UAL.O , Marriott International MAR.O , and other corporations across a range of industries to discuss the national and global economy, a White House official said.

BRIEF-KKR And Marriott International To Launch Midscale Hospitality Segment In Japan May 7 (Reuters) - KKR & Co Inc KKR.N : KKR AND MARRIOTT INTERNATIONAL TO LAUNCH MIDSCALE HOSPITALITY SEGMENT IN JAPAN WITH FOUR POINTS EXPRESS BY SHERATON Source text for Eikon: ID:nBw2jsNRva Further company coverage: KKR.N

U.S. RESEARCH ROUNDUP- Mastercard, Metagenomi, Ziff Davis May 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Mastercard, Metagenomi and Ziff Davis, on Thursday. HIGHLIGHTS * Community Healthcare Trust Inc CHCT.N : Piper Sandler cuts to neutral from overweight * Mastercard Inc MA.N : JP Morgan cuts target price to $510 from $520 * Metagenomi Inc MGX.O : JP Morgan cuts to neutral from overweight * Parsons Corp PSN.N

Host Hotels & Resorts beats Q1 estimates on higher business travel demand May 1 (Reuters) - Host Hotels & Resorts HST.O raised its 2024 per share forecast for funds from operations on Wednesday, as business travel demand continues to recover. U.S. travel companies have been benefiting from increased business demand from large enterprises, whose bookings for group travel sometimes exceed 300 rooms per trip.

Marriott International Inc reports results for the quarter ended in January - Earnings Summary Marriott International Inc MAR.OQ reported quarterly adjusted earnings of $2.13​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of $2.09. The mean expectation of twenty one analysts for the quarter was for earnings of $2.17 per share.

UPDATE 4-Marriott boosts full-year profit view after mixed Q1 results Adds detail on North American demand in paragraphs 4-5, incentive management fees paragraph 8; updates shares By Aishwarya Jain and Doyinsola Oladipo May 1 (Reuters) - Hotel operator Marriott International MAR.O raised its forecast for annual adjusted profit on Wednesday after mixed first-quarter results, banking on international travel demand to offset weakening trends in North America.

Marriott raises 2024 profit forecast on international travel demand May 1 (Reuters) - Hotel operator Marriott International MAR.O raised its forecast for annual adjusted profit on Wednesday, banking on international travel demand to offset normalizing domestic travel in the U.S. The Maryland-based company raised its 2024 adjusted profit forecast to a range of $9.31 to $9.65 per share, compared to its previous outlook range of $9.18 to $9.52 per share.

BRIEF-Marriott Q1 Adjusted EPS USD 2.13 Vs. IBES Estimate USD 2.17 May 01 (Reuters) - Marriott Q1 EPS USD 1.93. Q1 adjusted EBITDA USD 1,142 million vs. IBES estimate USD 1,140 million Q1 adjusted net income USD 620 million vs. IBES estimate USD 629.1 million Q1 net income USD 564 million