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Hotels
Abu Dhabi group Rotana is trying its hand at a casino in Georgia, meanwhile, gaming is in the cards back home in the UAE.
Josh Corder | 4 weeks ago
Tourism
Las Vegas Sands Corp has benefited from a resilient, post-pandemic gaming sector in Macau and Singapore.
Reuters | 5 months ago
Expect other hotel companies to wager on gaming soon. After all, if airlines have code-shares and interlining agreements, why can't hotels and gaming companies, too?
Sean O'Neill | 9 months ago
As the return of Chinese tourists helps Macau register the highest single day record since the pandemic, we wonder if these tourists would be able to do the same for other destinations.
Farah Master, Reuters | 1 year ago
Businesses in Macau, a special Chinese administrative region, are having to readjust expectations after the euphoria that came with the reopening earlier this month. Streets and casinos are still eerily empty.
Joyce Zhou and Tyrone Siu, Reuters | 1 year ago
News Blog
Integrated resort operator Wynn Resorts confirmed that it would be operating a casino at its resort in Ras Al Khaimah. The casino at Wynn Marjan would be “somewhat larger than” the operator’s flagship U.S. gaming venue - Wynn Las Vegas, CEO Craig Billings said during the earnings call on Wednesday. Announced earlier this year, the…
Peden Doma Bhutia | 1 year ago
Casino-resort Genting Singapore is in talks with bidders for the purchase of Resorts World Sentosa and US-based MGM Resorts International is one of the top contenders, according to Bloomberg reports. While MGM’s recent talks with Malaysia’s Lim family, that owns 53 percent stake in Genting Singapore, failed to yield an agreement, the Singapore-based casino operator…
Peden Doma Bhutia | 2 years ago
Short-term rentals outshone hotels during the pandemic years in the U.S. accommodation sector. However, the boundaries between hotels and so-called STRs are blurring and it is still to be seen how the two segments will compete to define the market landscape.
Varsha Arora, Skift Research | 2 years ago
Except for the down year of 2020, the U.S. accommodation sector has been performing robustly, with the short-term rental segment gaining market share. We believe hotels will make a strong comeback in 2022 relative to the short-term rental sector.
Varsha Arora | 2 years ago
Coronavirus
Blackstone's streak of casino resort acquisitions now extends to Australia, but Crown Resorts is in more turmoil than the investment firm's prior resort purchases in Las Vegas. It's going to take years to right this ship.
Shashwat Awasthi and Byron Kaye, Reuters | 2 years ago