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MGM Purchases Borgata Hotel Casino & Spa

MGM Purchases Borgata Hotel Casino & Spa

LAS VEGAS—MGM Growth Properties and MGM Resorts International completed the transactions for the acquisition of Borgata Hotel Casino & Spa following MGM Resorts’ purchase of Boyd Gaming’s stake in Borgata. MGP acquired Borgata’s real property from MGM Resorts and leased ...

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Chinese Hospitality Growth Slows

China’s crackdown on wasteful spending and corruption has put a major strain on its hospitality industry, with slow economic growth only intensifying that effect. Shanghai-based China Lodging Group is the only Chinese hotelier to post gains in 2016, rising 23 ...

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Bustling Business Travel Faces Uncertainty

Global business travel is reaching new heights with each passing year, with GBTA expecting it to reach $1.6 trillion by 2020. However, uncertainty in the marketplace, including a weakening economy and this year’s presidential election may create obstacles in business ...

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Airbnb Turns to Local Businesses for Support

Airbnb is embroiled in a number of legal issues concerning regulatory legislation across the United States. In order to sway public opinion—and the local communities in which it sets up shop—Airbnb hosts are getting in touch with small businesses to ...

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$26 Million Doral DoubleTree Miami Breaks Ground

$26 Million Doral DoubleTree Miami Breaks Ground

NORTH PALM BEACH, Fla.—American Opportunity Regional Center was joined by its long-standing partner, Driftwood Hospitality Management, to celebrate the groundbreaking of the new EB-5 property, the Doral DoubleTree by Hilton in Miami, Fla. The $26 million project, which will be ...

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Care Hotel Group

Care Hotel Group

Offering a rich blend of Economy extended-stay to upscale brands that fits into every hotelier’s portfolio SNAPSHOT: • Brands | Local Suites; Stay Express Hotels; Stay Express Inn & Suites; Stay Express Inn; Stay Express Suites (all franchising since 2015) • Franchise Fees ...

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