Hotels Sector

Four LVS casino resort companies allegedly colluded to artificially increase room rates

Four LVS casino resort companies allegedly colluded to artificially increase room rates

Caesars Entertainment and three other Las Vegas Strip (LVS) casino resort operators have been dragged to court of law as they allegedly colluded, via data-sharing software, to artificially increase

Metropolitan Gaming completes acquisition of Park Lane Club London

Metropolitan Gaming completes acquisition of Park Lane Club London

British casino operator Metropolitan Gaming Limited has confirmed that it has completed its acquisition deal takeover control of the prestigious Park Lane Club London property from Silverbond Enter

Caesars Entertainment CEO Tom Reeg optimistic about future of Casino & Hotel business

Caesars Entertainment CEO Tom Reeg optimistic about future of Casino & Hotel business

Caesars Entertainment CEO Tom Reeg is optimistic about the future of casino & hotel business, thanks to a dramatic rise in hotel bookings at the company’s Las Vegas Strip properties.

Las Vegas casinos offering attractive ‘Black Friday’ & ‘Cyber Monday’ deals

Las Vegas casinos offering attractive ‘Black Friday’ & ‘Cyber Monday’ deals

Casinos in Las Vegas, one of the world’s most popular gaming & entertainment hubs, are offering eye-catching deep discounts on hotel rooms to attract more customers during Black Friday and Cybe

South Shore Holdings’ negotiations for offloading 50% stake in The 13 Hotel cancelled

South Shore Holdings’ negotiations for offloading 50% stake in The 13 Hotel cancelled

Hong Kong Stock Exchange-listed South Shore Holdings Limited, the company behind Macau’s magnificent hotel The 13, has confirmed that it has terminated negotiations that it had been pursuing to off

81% Hotel Occupancy Decline in India while Singapore manages with just 29.2%

81% Hotel Occupancy Decline in India while Singapore manages with just 29.2%

Occupancies across hotels in key cities witnessed a sharp decline, as travel restrictions intensified and India continued the lockdown.

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