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Hospitality

  • Caesars Entertainment Unit Preparing to Exit Bankruptcy

    Caesars Entertainment Unit Preparing to Exit Bankruptcy

    Caesars Entertainment said its largest operating unit is poised to emerge from bankruptcy Friday, wrapping up a more than two-year long restructuring process that has left the casino behemoth with less debt and money to invest in its business.

  • Penn National, Pinnacle Entertainment Consider Merger

    Penn National Gaming has been in merger discussions with rival casino operator Pinnacle Entertainment, according to people familiar with the matter.

    Penn National, Pinnacle Entertainment Consider Merger
  • Behind ‘Grassroots’ Campaigns Over Airbnb, Millions of Industry Dollars

    Hotel lobbyists and Airbnb have developed neighborhood efforts to sway local governments in the battle to regulate the short-term rental market.

    Behind ‘Grassroots’ Campaigns Over Airbnb, Millions of Industry Dollars
  • ‘Resort’ Fees Are No Longer Only for Resorts

    Nightly add-on charges are cropping up at hotels in big cities and even less-glitzy locales including Spokane, Wash., and Rapid City, S.D., a trend that has drawn the attention of dozens of attorneys general.

    ‘Resort’ Fees Are No Longer Only for Resorts
  • Is This Hotel an Airbnb Killer?

    Public Hotel, the latest project from storied hotelier Ian Schrager, with five bars but no front desk, gives young travelers what they want—an affordable, exciting place to stay.

    Is This Hotel an Airbnb Killer?
  • NYC Restaurant Group Sets Sights on Expansion

    Tao Group has teamed up with Madison Square Garden Company to grow its dining-entertainment venues across the U.S. and abroad. Some industry observers wonder if the culinary offerings also will get a boost.

    NYC Restaurant Group Sets Sights on Expansion
  • Tommy Hilfiger Again Slashes Millions off Plaza Hotel Penthouse

    The fashion designer’s Manhattan condo, which includes a mural of the children’s book character Eloise by illustrator Hilary Knight, originally sought $80 million in 2013.

    Tommy Hilfiger Again Slashes Millions off Plaza Hotel Penthouse
  • Allergan Partners With Indian Tribe to Protect Drug Patents

    To protect a top-selling drug from generic competition, Allergan PLC has sold the drug’s patents to an Indian tribe in upstate New York to block rivals from challenging the patents at the U.S. Patent and Trademark Office.

    Allergan Partners With Indian Tribe to Protect Drug Patents
  • Disney, Universal to Close Orlando Theme Parks as Irma Nears

    Walt Disney Co. and Comcast Corp. are closing their Florida theme parks for at least two days in anticipation of Hurricane Irma, the companies said Friday.

    Disney, Universal to Close Orlando Theme Parks as Irma Nears
  • A Sofa Upholstered with Carpet? Way Chicer Than It Sounds

    Inspired designers are reviving the old-fashioned practice of upholstering chairs, ottomans and more with Oriental rugs, minus the Victorian fustiness.

    A Sofa Upholstered with Carpet? Way Chicer Than It Sounds
  • A Chunk of the Hawaiian Island of Molokai Seeks $260 Million

    Seller GL Limited is off loading Molokai Ranch—land that encompasses almost the entire western side of the island—after development efforts ran into local opposition.

    A Chunk of the Hawaiian Island of Molokai Seeks $260 Million
  • Design Debate: Will a Circular Settee Make Your Home Look Like a Hotel Lobby?

    The piece is ideally suited for hotel guests with no interest in chatting among themselves. But does it work in a home? Designers thrash it out.

    Design Debate: Will a Circular Settee Make Your Home Look Like a Hotel Lobby?
  • Allegiant Air Ventures Into Real Estate

    Low-cost airline Allegiant Travel will venture into real estate with a sprawling resort on Florida’s Gulf Coast, even as hotel development slows nationwide amid a glut of rooms.

    Allegiant Air Ventures Into Real Estate
  • Hotel Building Boom Stalls As Demand Plays Catchup

    Hotel developers are slowing down new U.S. construction projects after years of rapid growth, a result of tighter lending conditions and a ballooning supply of rooms in large markets.

    Hotel Building Boom Stalls As Demand Plays Catchup
  • Miami’s ‘Homer’ Haters Hope Derek Jeter Takes Their Side

    The arrival of Derek Jeter as part of new ownership revived a tussle among fans over a flashy statue at the Miami Marlins’ stadium.

    Miami’s ‘Homer’ Haters Hope Derek Jeter Takes Their Side
  • Wanda Dismisses Reports Chairman Wang Jianlin Can’t Leave China

    Hong Kong-listed shares and bonds of billionaire Wang Jianlin’s Dalian Wanda plunged for the second time in two months, following what the company called rumors about its leader being barred from leaving China.

    Wanda Dismisses Reports Chairman Wang Jianlin Can’t Leave China
  • It’s Groundhog Day All Over Again - Just Not in New York

    The Broadway show is going on the road after a short run in New York, and Tony Award winner “Bandstand” may do the same, as producers hope to find more success at regional theaters.

    It’s Groundhog Day All Over Again - Just Not in New York
  • A California Pool Makes a Big Splash

    A $400,000 overhaul turned a home’s old pool into a tropical resort; a lumbung moves center stage

    A California Pool Makes a Big Splash
  • Do Businesses Need Foreign Workers? Martha’s Vineyard Is Finding Out

    Foreign workers have long powered the summer economy in the upscale tourist haven of Martha’s Vineyard, cleaning hotel rooms, waiting tables and mixing fudge. This year, many local businesses had to come up with a Plan B.

    Do Businesses Need Foreign Workers? Martha’s Vineyard Is Finding Out
  • Wanda Sells Business Managing Hotels, Theme Parks to Hong Kong Unit

    Dalian Wanda Group is transforming its publicly listed Wanda Hotel Development unit in Hong Kong into a business that manages hotels and theme parks in a deal valued at more than $1 billion.

    Wanda Sells Business Managing Hotels, Theme Parks to Hong Kong Unit