Articles Written by:    KRISTEN A. LEE     

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Carnival reports 32 percent drop in 2Q profit

Carnival shares gained $1.32 cents, or 5.5 percent, to $24.37 in morning trading. The stock has traded between $14.85 and $42.39 during the past 52 weeks. Miami-based Carnival recorded a profit of $264 million, or 33 cents per share, in the quarter ...

From KRISTEN A. LEE, San Francisco Chronicle,  18 Jun 2009
Related Topics: Thomson Reuters

Extended Stay Hotels LLC files for Chapter 11

NEW YORK — Extended Stay Hotels LLC filed for Chapter 11 bankruptcy protection on Monday, citing massive debt stemming from its 2007 acquisition by the Lightstone Group and a sharp drop in business travel due to the recession. The Spartanburg, ...

From KRISTEN A. LEE, Newsvine,  15 Jun 2009

Broadway star Pablo Schreiber makes his name

Pablo Schreiber may not have the most recognizable name on Broadway this season, but his performance in Eugene O'Neill's "Desire Under the Elms" has cemented his reputation as one of his generation's most promising talents. But despite glowing ...

From KRISTEN A. LEE, Taiwan News,  21 May 2009
Related Topics: Eugene O'Neill,  Clifford Odets,  Marlon Brando,  Brian Dennehy,  Carla Gugino

As rental car prices rise, travel experts say book early

last-minute discounts are sometimes available on unreserved cars, says Becky Alseth, senior vice president of marketing for Avis. If you're leaving your own car in the driveway for summer vacation, expect your rental car to take a bigger bite of out of ...

From KRISTEN A. LEE ASSOCIATED PRESS, The San Jose Mercury News,  19 May 2009
Related Topics: Avis Budget Group, Inc.,  Expedia, Inc.

Las Vegas Sands reports wider 1Q loss

NEW YORK — Casino operator Las Vegas Sands Corp. said Tuesday its first-quarter loss widened year-over-year as revenue stagnated and expenses rose, but the results were slightly better than Wall Street expected. For the quarter that ended March 31, the ...

From KRISTEN A. LEE, Newsvine,  5 May 2009
Related Topics: Las Vegas Sands Corp.,  Thomson Reuters,  Sheldon Adelson

Wynn Resorts posts wider-than-expected 1Q loss

NEW YORK — Casino operator Wynn Resorts Ltd. said Tuesday that it lost money in its first quarter partly because revenue and occupancy dropped at its Macau resort, and its adjusted earnings fell well short of analyst estimates. Wynn, like most casino ...

From KRISTEN A. LEE, Newsvine,  5 May 2009
Related Topics: Wynn Resorts, Limited,  Steve Wynn,  Thomson Reuters

MGM Mirage books 1Q profit including casino sale

MGM Mirage said Monday it booked a first-quarter profit including a hefty gain from selling a hotel and casino, but its adjusted results missed expectations as companies continued to cancel conventions at its Las Vegas Strip resorts. During a ...

From KRISTEN A. LEE, Taiwan News,  5 May 2009
Related Topics: MGM MIRAGE,  Thomson Reuters,  Kirk Kerkorian

Starwood hotels results beat expectations

NEW YORK Starwood Hotels & Resorts Inc. said Thursday that its first-quarter profit plunged 81 per cent, but deep cost cuts helped the lodging company's adjusted results beat Wall Street's expectations. The company, however, effectively pulled its full- ...

From KRISTEN A. LEE, Globe and Mail,  30 Apr 2009
Related Topics: Starwood Hotels & Resorts,  Deutsche Bank,  Thomson Reuters

Earnings Preview: Starwood Hotels & Resorts

NEW YORK — Hotel and leisure company Starwood Hotels & Resorts Worldwide Inc. reports results for its first quarter, which ended March 31, on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: ...

From KRISTEN A. LEE, Newsvine,  28 Apr 2009
Related Topics: Starwood Hotels & Resorts Worldwide, Inc.,  Thomson Reuters,  Deutsche Bank

Royal Caribbean books 1Q loss but beats forecasts

Royal Caribbean Cruises Ltd., battered by a sharp and prolonged drop in vacation spending, said Thursday it lost less in the first quarter than expected as bookings stabilized and cruise costs declined more than anticipated. Travelers responding ...

From KRISTEN A. LEE, eTaiwan News,  23 Apr 2009
Related Topics: Royal Caribbean Cruises Ltd.,  Thomson Reuters

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