Articles tagged “las vegas sands”

Tourism

Las Vegas Sands Eyes NY’s Long Island as Meetings and Tourism Draw

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor.

Las Vegas Sands Eyes NY’s Long Island as Meetings and Tourism Draw

Hotels

The Highest Paid Hotel CEOs

Take a look at last year's hotel CEO compensation tables. The top bosses did well, and why not? Navigating the pandemic was tricky. Yet there was a wide disparity in the pay between most CEOs and workers. That's harder to defend.

The Highest Paid Hotel CEOs

Coronavirus

Casino Resorts Look to Diversify Asia Growth Beyond Macau

MGM Resorts International and Las Vegas Sands aren’t writing off Macau, but they also aren’t solely focusing on China’s gaming hotspot for growth in Asia.

Casino Resorts Look to Diversify Asia Growth Beyond Macau

Coronavirus

Wyndham Positions Itself for International Expansion in 2022

Wyndham plans to throttle its recovery forward with a wave of international openings this year. The uncertain factor is if investors want this, given the company's resilience during the pandemic stemmed from domestic travel demand.

Wyndham Positions Itself for International Expansion in 2022

Hotels

Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Macau is an extraordinarily important gaming market for Las Vegas Sands, and the company’s third quarter earnings call was a giant love fest for China’s gaming regulators. What else are company leaders going to do but schmooze the people in charge of renewing their gaming license?

Las Vegas Sands CEO Praises China With Macau Gaming License Up for Renewal

Hotels

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Airlines

A New List of the Most Valuable Public Travel Companies

Old school travel companies still largely dominate in terms of stock market valuation, but there is no denying the disruption sparked by Airbnb’s debut on the stock market.

A New List of the Most Valuable Public Travel Companies

Coronavirus

Why MGM Resorts Is Placing a Huge Bet on Asia

The panic's over. Las Vegas' gigantic venues will soon be back selling things like concrete and computers at full capacity. Which is why MGM's CEO and president William Hornbuckle is looking further afield for the brand's next chapter.

Why MGM Resorts Is Placing a Huge Bet on Asia

Coronavirus

Where Las Vegas Sands Could Park the $6.25 Billion From Its Sin City Resort Sale

Leaving Las Vegas gives Las Vegas Sands more than $6 billion in capital to beef up non-gaming assets in markets like Singapore and Macau and potentially dip its toes in the uncharted gambling waters of Texas.

Where Las Vegas Sands Could Park the $6.25 Billion From Its Sin City Resort Sale

Coronavirus

What a $6.25 Billion Sale in Vegas Says About the Future of Convention Hotels

What Las Vegas convention travel downturn? The $6.25 billion Las Vegas Sands sale last week is more a testament to confidence in the meetings and event travel rebound than it is to the current business climate.

What a $6.25 Billion Sale in Vegas Says About the Future of Convention Hotels