Caesars Entertainment has announced a sale and leaseback agreement with VICI Properties for Harrah’s Las Vegas. The deal aims to enhance Caesars’ liquidity while maintaining operational control of the property.
Browsing: hospitality industry
The iconic Mirage Hotel and Casino in Las Vegas is set to close in July. Details on its future plans and the impact on the Strip are emerging. Stay tuned for updates on what’s next for this landmark venue.
Las Vegas Mayor Carolyn Goodman highlights a sharp decline in Canadian tourists, urging a return to the city’s vibrant hospitality scene. “We need you, and we miss you,” she told Fortune, emphasizing the economic impact.
Las Vegas casinos face growing criticism as visitors report escalating tipping pressures. With rising service costs and aggressive gratuity requests, guests question if the city’s hospitality is reaching a tipping point.
Malaysian casino giant Genting has announced a $4.3 billion investment in Las Vegas, marking a significant expansion into the US market. The move aims to capitalize on the city’s thriving gaming and entertainment industry.
Las Vegas hotels are driving a decline in the U.S. hospitality sector, as falling occupancy and revenue mark a continued downward trend, according to TravelPulse. Industry experts cite shifting traveler preferences and economic factors.
Four Seasons Hotel Las Vegas names Kelley Moreton as new General Manager. Moreton brings extensive luxury hospitality experience, signaling a commitment to exceptional service and guest experience at this iconic resort.
A woman died after being “violently” ejected from a revolving door at Trump Hotel Las Vegas, a lawsuit claims. The incident raises questions about door safety and hotel liability, NBC News reports.
MGM CEO admits Las Vegas hotel prices are too high, saying “shame on us.” The executive called for more affordable rates to attract visitors amid rising travel costs, signaling potential changes ahead.
Las Vegas joins NYC, LA, Seattle, and SF in a tourism surge, with record hotel bookings and overnight stays driving unprecedented revenue growth. Experts reveal a game-changing twist reshaping the travel economy.
MGM CEO acknowledged that high pricing contributed to a negative perception of Las Vegas, stating, “Shame on us” for not addressing the issue sooner, according to KSNV. Efforts to improve visitor experience are underway.
Las Vegas has transformed from a desert railroad town into a global entertainment hub. Over the last century, it evolved with iconic casinos, luxury resorts, and world-class attractions, continuously redefining travel and nightlife.
Three tourists have filed lawsuits against Las Vegas Strip hotels, alleging their rooms were infested with bedbugs. The cases highlight growing concerns over pest control in the city’s hospitality industry.
Chinese tourists, key to Las Vegas’ tourism rebound, may hesitate to travel to the US amid ongoing concerns over policies and safety. Industry experts highlight the need for renewed confidence-building measures.
The iconic Tropicana Las Vegas resort is closing to make way for a new stadium, marking the end of an era on the Strip. The move aims to boost sports and entertainment offerings in the city.
Las Vegas has topped the nation-not for gambling, but for its booming convention and trade show industry. The city’s unmatched venue capacity and hospitality have made it the premier destination for business events.
Las Vegas resort fees are rising again, with Caesars Entertainment leading the increase. The additional daily charges impact visitor costs, prompting concerns over transparency and affordability for travelers.
Four Seasons Hotel Las Vegas has earned the prestigious Michelin Key distinction for the second consecutive year, reaffirming its status as a premier luxury destination in the city. The award highlights exceptional service and quality.
MGM CEO admits the company bears responsibility for soaring hotel prices in Las Vegas, saying “Shame on us.” The statement highlights growing concerns over affordability in the city’s hospitality sector.
Accor intensifies its US expansion with a focused push in Las Vegas, signaling a strategic drive to grow its portfolio in key American hotel markets, CoStar reports.