Resorts World Casino bus driver James Honorat swerved to avoid the Toyota sedan and sheared off part of a three-story building in Queens on Monday afternoon, officials said. A vacate order has been issued for the building, which housed a mortgage services company, a law office and two residential apartments, said Buildings Department spokesman Alexander...» Read More
MGM also said it would consider the investment manager's plan to nominate four candidates to its board, including founder Jonathan Litt. MGM operates destination resorts such as the Bellagio, MGM Grand and the Mirage. Land and Buildings', which owns a 0.8 percent stake in MGM, said it expected MGM's net asset value to rise to $55 per share from $33 after the...
Following years of double-digit growth, Asia's cruise industry is set for a "record-breaking year" in 2015, thanks to booming demand from Chinese holidaymakers, a new report shows.
Adam Goldstein, chairman of the Cruise Lines International Association, says Chinese travelers are spearheading the double-digit growth in Asia's cruise industry.
Vail Resorts CEO Rob Katz explains why the company beat analysts earnings expectations despite recent currency headwinds.
MIAMI, March 11- The former chief executive of Norwegian Cruise Line Holdings Ltd sued Richard Branson's Virgin Group in federal court in Miami for $300 million on Wednesday over plans by the British billionaire to launch his own luxury cruise line. Virgin Group announced the Bain Capital- backed cruise line project last December. As CEO of the new Virgin...
*Report predicts $68 bln in hotel real estate deals in 2015. BERLIN, March 8- Investors are expected to pump more money into buying, converting or building hotels in 2015 than in any year since the start of the global financial crisis, with a focus on budget and' buzz'. "It's not about people loving hotels, it's about investors searching for a return on their money which...
BOSTON, March 5- Hotel operator Mandarin Oriental International Ltd said on Thursday that it was the victim of a cyberattack and that it found malicious software on credit card systems at "an isolated number" of hotels in the United States and Europe. The company said in a statement on its website that it was working with credit card companies, law enforcement and...
Simon Cooper, president & managing director for Asia Pacific at Marriott International, discusses how its new hotel brands like Edition and Autograph Collection fit into its growth strategy.
With robust demand mainly coming from Chinese travelers, the firm is focused on growing its pipeline in Asia, says Simon Cooper, president & managing director for Asia Pacific at Marriott International.
All those pining after childhood stories of "the tippy-top floor" of New York's Plaza Hotel might soon get to recreate it a few blocks away at the Waldorf.
Starwood Hotels founder Barry Sternlicht says the CEO change at the international hotel chain reflected a concern about lagging innovation.
Accor posted record net profit for 2014, thanks to cost-cutting and restructuring. CNBC's Stephane Pedrazzi talks to CEO Sébastien Bazin.
Do you think “Garden of fashion” whenever you hear about London’s stylish Shoreditch? One community does, and has now renamed U.K.’s iconic treasures.
Enter married, leave with a quickie divorce at a resort and spa in this New York town. The New York Post reports.
Arnold Donald, president & CEO of Carnival, expects the mainland to overtake the U.S. and Europe in becoming the largest cruising market in the world soon.
Arnold Donald, CEO, Carnival Corporation, talks about the company's plans for Super Bowl advertising and how he believes it will impact his business.
Royal Caribbean CEO Richard Fain expects a robust outlook and record revenues for the rest of the year.
Royal Caribbean CEO Richard Fain says business is booming in China, with the country's middle class to surpass the entire U.S. population fairly soon.
Cruise operator Royal Caribbean Cruises' quarterly revenue fell 2 percent due to weak pricing in Caribbean, its biggest market.
At the World Economic Forum, Richard Solomons, CEO of IHG, says trusting a brand is really important within organisations and talks about his company's plans.