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Showing posts from January, 2020

Associated Luxury Hotels International Adds Sweden's Gothia Towers to Portfolio and “ALHI Convention Collection” - Hospitality Net

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Associated Luxury Hotels International Adds Sweden's Gothia Towers to Portfolio and “ALHI Convention Collection” - Hospitality NetAssociated Luxury Hotels International Adds Sweden's Gothia Towers to Portfolio and “ALHI Convention Collection” - Hospitality NetPosted: 16 Feb 2018 12:00 AM PST Associated Luxury Hotels International (ALHI) recently expanded its worldwide portfolio, options in Europe and "ALHI Convention Collection" with the addition of the acclaimed Gothia Towers in Gothenburg, Sweden. Together with the adjoined Swedish Exhibition & Congress Centre, Gothia Towers is Europe's largest fully integrated hotel, exhibition and congress facility, and one of Europe's five biggest hotels. ALHI's distinguished membership portfolio features more than 250 luxury and upper-upscale hotels and resorts around the world, which are either independent or are with an independent hotel brand, and which specialize in serving meetings and incentive pr…

“Mandalay Bay deal comes over 2 years after Las Vegas shooting - Las Vegas Review-Journal” plus 2 more

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“Mandalay Bay deal comes over 2 years after Las Vegas shooting - Las Vegas Review-Journal” plus 2 moreMandalay Bay deal comes over 2 years after Las Vegas shooting - Las Vegas Review-JournalStrip clubs could face cloudy future around Raiders stadium - Las Vegas Review-JournalLas Vegas restaurants guide: Where to eat on and off the Strip - Los Angeles TimesMandalay Bay deal comes over 2 years after Las Vegas shooting - Las Vegas Review-JournalPosted: 18 Jan 2020 12:00 AM PSTA little over two years ago, Mandalay Bay was at the center of a national tragedy.Perched on the 32nd floor, a heavily armed gunman broke through two windows to shoot concertgoers across Las Vegas Boulevard, killing nearly 60 people and injuring hundreds more in the deadliest mass shooting in modern U.S. history.In the days and weeks after the attack, business looked slow at Mandalay Bay, and hospitality experts contended the hotel-casino should not ditch its name, despite its link to the massacre.Today, the towerin…

MGM Growth Properties Announces Fourth Quarter And Full Year 2019 Earnings Release Date - Yahoo Finance

MGM Resorts Enters Deal With Private Equity Giant Blackstone Over Las Vegas Properties - Yahoo Finance

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MGM Resorts Enters Deal With Private Equity Giant Blackstone Over Las Vegas Properties - Yahoo FinanceMGM Resorts Enters Deal With Private Equity Giant Blackstone Over Las Vegas Properties - Yahoo FinancePosted: 14 Jan 2020 12:00 AM PST MGM Resorts Enters Deal With Private Equity Giant Blackstone Over Las Vegas PropertiesA new joint venture between MGM Growth Properties LLC and private equity giant Blackstone Real Estate Income Trust, Inc. has agreed to buy the MGM Grand and Mandalay Bay casino and resort properties in Las Vegas for $4.6 billion.MGM Resorts will continue to manage and operate the two properties on a day-to-day basis through a long-term master lease. The joint venture will own the properties and receive rent payments. MGM Resorts will pay an initial annual rent of $292 million.Right now, MGM Resorts owns the MGM Grand and MGM Growth Properties owns Mandalay Bay.MGM Resorts has lately been looking to sell its real estate assets under pressure from investors to shift to a…

The Mandalay Bay Sale is Important For Several Reasons - BestUSCasinos.org

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The Mandalay Bay Sale is Important For Several Reasons - BestUSCasinos.orgThe Mandalay Bay Sale is Important For Several Reasons - BestUSCasinos.orgPosted: 20 Jan 2020 12:00 AM PSTLast week, news broke that MGM Resorts International had agreed to sell the MGM Grand and Mandalay Bay Casino-Resort. It wasn't entirely surprising, as the company has been involved in several major sales over the past few months. The Mandalay Bay sale comes at an interesting time, though.A little over two years ago, this popular hotel-casino was the sight of the worst mass shooting in US history. Fortunately, the venue is moving past this tragedy. Today, we're going to look at why exactly MGM Resorts decided to put this property up for sale.Let's get into it!MGM Resorts Continues to Sell Major Las Vegas PropertiesA decade ago, it was fairly uncommon for major US casino operators to sell any properties on the Las Vegas Strip. This area is home to many of the most lucrative gambling venues in the …

What's New For 2020 At MGM Resorts International - Hospitality Net

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What's New For 2020 At MGM Resorts International - Hospitality NetWhat's New For 2020 At MGM Resorts International - Hospitality NetPosted: 08 Jan 2020 12:00 AM PST In 2019, Las Vegas welcomed over 50 million visitors from all over the world - and 2020 is showing no signs of slowing down. With the highly anticipated arrival of the Las Vegas Raiders and Allegiant Stadium on the horizon, the city is preparing for an exciting new year with fresh restaurant concepts from celebrity chefs, even more entertainment on The Strip, world-class amenities and more.Experience an Array of Dining Destinations - As epicurean icons debut exceptional restaurants, 2020 continues to be big year for Las Vegas' ever-evolving culinary scene. Combining Las Vegas flair with the traditional "dinner and a show" setting, Bellagio Resort & Casino unveiled its newest over-the-top dining venture - The Mayfair Supper Club - over New Year's weekend. The restaurant offers delicio…

A Traveler’s Guide to the Best Bets in Las Vegas - The New York Times

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A Traveler’s Guide to the Best Bets in Las Vegas - The New York TimesA Traveler’s Guide to the Best Bets in Las Vegas - The New York TimesPosted: 31 Jan 2020 02:00 AM PST I have spent a lot of money in Las Vegas, and I don't gamble much. I've paid $250 for a Cirque du Soleil ticket, taken a gondola down the faux canals of Venice for $60 and, on occasion, vastly exceeded my wine budget.Las Vegas thrives on convincing visitors to splurge, which I considered when Lady Gaga opened her concert residency at the Park Theater. Recently, tickets for the back-row center balcony were selling for $466 (fans in the front row were paying $2,500).Value, of course, is subjective. But price creep on the Strip, as the casino-lined stretch of Las Vegas Boulevard is known, is objective, as resort fees at several high-end casinos rose $6 to $45 a night this year. Rooms, food, drinks and entertainment are increasingly important money makers for casinos, where gaming revenue has fallen from nearly 62…

Hospitality group explores deal with MGM Springfield casino - Boston Business Journal

Holiday Money Diaries: What I spent on a birthday weekend in Paris with a baby in tow - Telegraph.co.uk

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Holiday Money Diaries: What I spent on a birthday weekend in Paris with a baby in tow - Telegraph.co.ukHoliday Money Diaries: What I spent on a birthday weekend in Paris with a baby in tow - Telegraph.co.ukPosted: 20 Dec 2019 12:00 AM PSTWelcome to the latest instalment of Holiday Money Diaries, a series in which travellers reveal every penny they spent while away. This week: a romantic weekend in Paris (with a new baby). The total spent is at the bottom.I spent the dawn of my 39th birthday enduring the final throes of a labour that had been induced 12 hours earlier.By 10:08 I had a brand new daughter snuggling in my arms, so it wasn't all bad, but it wasn't exactly the birthday I had planned.So when it came to my 40th a year later, I was calling the shots. We'll have plenty of opportunity to spend birthdays at Peppa Pig World or wherever else toddler obsessions take us. But this year, while the little one was still oblivious to the whole concept of birthdays, I had my hea…

A Traveler’s Guide to the Best Bets in Las Vegas - The New York Times

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A Traveler’s Guide to the Best Bets in Las Vegas - The New York TimesA Traveler’s Guide to the Best Bets in Las Vegas - The New York TimesPosted: 31 Jan 2020 02:00 AM PST I have spent a lot of money in Las Vegas, and I don't gamble much. I've paid $250 for a Cirque du Soleil ticket, taken a gondola down the faux canals of Venice for $60 and, on occasion, vastly exceeded my wine budget.Las Vegas thrives on convincing visitors to splurge, which I considered when Lady Gaga opened her concert residency at the Park Theater. Recently, tickets for the back-row center balcony were selling for $466 (fans in the front row were paying $2,500).Value, of course, is subjective. But price creep on the Strip, as the casino-lined stretch of Las Vegas Boulevard is known, is objective, as resort fees at several high-end casinos rose $6 to $45 a night this year. Rooms, food, drinks and entertainment are increasingly important money makers for casinos, where gaming revenue has fallen from nearly 62…