Tag: Hospitality and leisure industry

McDonald's same-store sales fall for the 1st time since pandemic, profit slides 12%

McDonald's posted weak sales in the second quarter as increasingly value-conscious consumers in the U.S., China and paid fewer visits to restaurants. Sales...

Barcelona wants to get rid of short-term rental units. Will other tourist destinations do the same?

BARCELONA, Spain -- Imagine planning a vacation and not being able to check Airbnb or another online booking site for an apartment in...

They expected an Olympic boon. But some Paris businesses are experiencing a bust

PARIS -- On a typical summer day, tourists flock to the historic Marais district of Paris, wandering its charming medieval streets dotted with...

Outside the RNC, small Milwaukee businesses and their regulars tried to salvage a sluggish week

MILWAUKEE -- Jay Nelson was standing outside the convenience store he manages in downtown Milwaukee when one of his regular customers walked by...

Venice officials defend day-tripper tax, but delay the decision on extending it

MILAN -- Venice city officials said Friday that the day-tripper tax netted 2.4 million euros ($2.6 million) during a test phase this summer,...

Bank of England faces dilemma after potential Taylor Swift upside impact on UK inflation

LONDON -- The Bank of England is facing a dilemma about whether to cut interest rates next month after official figures Wednesday showed...