TRAVEL

MGM Resorts sells land under AC’s Borgata

Wednesday, July 28, 2010 | TRAVEL

MGM Resorts International has sold its land under Atlantic City’s Borgata Hotel Casino & Spa to Vornado Realty Trust and Geyser Holdings for $73 million. (read more…)
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MGM Resorts International sells its land under Atlantic City’s Borgata for $73 million

Wednesday, July 28, 2010 | TRAVEL

ATLANTIC CITY, N.J. – MGM Resorts International has sold its land under Atlantic City’s Borgata Hotel Casino & Spa to Vornado Realty Trust and Geyser Holdings for $73 million. (read more…)
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MGM Resorts International Announces Sale of Atlantic City Land Leased to Borgata to Vornado Realty Trust and Geyser …

Wednesday, July 28, 2010 | TRAVEL

MGM Resorts International announced today that it has recently reached an agreement to sell four long-term ground leases and their respective underlying real property parcels at The Borgata Hotel Casino & Spa in Atlantic City, New Jersey to Vornado Realty Trust and Geyser Holdings for approximately $73 million. Ă‚ The underlying real property parcels...
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Hong Kong tour guide publicly apologises for berating Chinese tour group

Tuesday, July 27, 2010 | TRAVEL

HONG KONG: A Hong Kong tour guide who was slammed for berating a tour group from the mainland for not spending enough on shopping, has come out to apologise. (read more…)
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Hong Kong Guide Outburst May Drive Mainland Tourists Elsewhere

Tuesday, July 27, 2010 | TRAVEL

A recent outburst towards mainland Chinese tourists by a guide in Hong Kong may drive some tourists elsewhere. (read more…)
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Tourist arrivals surge 26.7%

Tuesday, July 27, 2010 | TRAVEL

JUNE has turned out to be another good month for Singapore’s tourism sector, with tourist arrivals hitting 950,000, an increase of 26.7 per cent from a year ago. This also sets another new record for the most number of visitors arriving in the month of June, continuing the rising trend for the seventh straight...
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Export report has Honolulu near bottom

Tuesday, July 27, 2010 | TRAVEL

The value exports contribute to Honolulu’s economy is among the lowest of any metropolitan area in the nation, according to a report that urges local governments to beef up their efforts to develop markets overseas. (read more…)
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OFWs picket posh hotel where Arroyos are staying

Tuesday, July 27, 2010 | TRAVEL

Militant overseas Filipino worker (OFW) groups Monday picketed a posh hotel in Hong Kong where former President Gloria Macapagal-Arroyo and her husband were staying after they arrived from Manila on Sunday. (read more…)
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Borgata operator to borrow $800M for debt refinance

Monday, July 26, 2010 | TRAVEL

JOE EPSTEIN/THE STAR-LEDGERThe Borgata Hotel and Casino, right, and the Water Club at the Borgata, left, in Atlantic City, N.J. Boyd Gaming Corp., operator of the Borgata Hotel Casino & Spa in Atlantic City, will borrow as much as $800… (read more…)
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Wynn, Encore lose $17.2 million in second quarter

Monday, July 26, 2010 | TRAVEL

LAS VEGAS, Nevada — Wynn Resorts Ltd. said Wednesday its two Strip resorts had an operating loss of $17.2 million in the second quarter, more than doubling the loss reported in the same quarter a year ago. (read more…)
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