MGM Resorts International (NYSE: MGM) today announced it has closed on the sale of the operations of Gold Strike Tunica to CNE Gaming Holdings, L.L.C., a subsidiary of Cherokee Nation Businesses, for $450 million in cash.
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Month: February 2023
Hyatt Reports Fourth Quarter and Full Year 2022 Results
CHICAGO (February 16, 2023) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported fourth quarter and full year 2022 financial results. Highlights include: Net income was…
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Palacio De Godoy Cáceres Curio Collection by Hilton to Open 2024 in Spain
Hilton (NYSE: HLT) has today announced the signing of Palacio de Godoy Cáceres, Curio Collection by Hilton, following a franchise agreement with Scipion Real Estate and management company Panoram Hotel Management.
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New-Build 249 Room Radisson Collection Hotel & Conference Center, Abuja Nigeria Announced
Located next to the Presidential Palace in Maitama District, the hotel will be a 45-minute drive from the Nnamdi Azikiwe International Airport, the country's second busiest airport after Lagos.
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DreamsĀ® Flora Resort & Spa Opens in the Dominican Republic
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Webinar to Focus on Strengthening Restaurant Real Estate Portfolios in a Challenging Business Environment
Feb. 21 panel session from Restaurant Finance Monitor includes industry experts in real estate optimization, turnaround restructuring and executive management.
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Subway to Explore Possible Sale
Subway, one of the world's largest restaurant brands, announced today that its shareholders are exploring a possible sale of the company.
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IHCL Debuts in Rajahmundry, Andhra Pradesh with the Signing of a Vivanta Hotel
Indian Hotels Company (IHCL) today announced the signing of its first hotel in Rajahmundry, Andhra Pradesh. The Greenfield hotel will be branded Vivanta.
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HVS Asia Pacific Hospitality Newsletter – Week Ending 10 February 2023
Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Mgallery Hotel Collection Announces New Campaign, New Hotels, and New Leadership for the Brand
MGallery Hotel Collection today announced the launch of Stories that Stay, a brand campaign that celebrates the fascinating and singular stories of some of its properties. In addition to the new campaign, the brand has kicked off 2023 with a portfolio of more than 170 hotels either open or in varying stages of development, a new chief executive officer, and plans to add at least a dozen new hotels this year.
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