Tag: Hotels
Wall Street Bets: Earnings reports, hotel average daily rates, second quarter
Truist Securities’ Barry Jonas looked at forthcoming earnings reports for second quarter on July 20: “Regionals looks to be the best house... more
Record-high May hotel rates don’t deter Las Vegas visitation, with volume up 2% over 2025
Even with record May hotel rates, Las Vegas tourism showed some recovery, with visitor volume up 2%, aided by a jump in convention business... more
Hard Rock tops off Guitar Hotel on Las Vegas Strip
Hard Rock Las Vegas hosted a topping off ceremony Friday to commemorate the placing of the final beam on its Guitar Hotel that hovers over... more
Las Vegas records another monthly visitation gain, jumps in occupancy and hotel revenue
A strong sports and convention calendar in March helped Las Vegas post its second consecutive year-over-year gain in visitation, and... more
Ohio: Penn Entertainment to open hotel tower at Hollywood Casino Columbus June 12
Penn Entertainment announced on Thursday that it expects to open its new state-of-the-art hotel tower at Hollywood Casino Columbus on June... more
Cliff Atkinson out as President of Virgin Hotels Las Vegas
Two years after his appointment, casino industry veteran Cliff Atkinson has left his role as President of Virgin Hotels Las Vegas,... more
Las Vegas room rates decline 12% in Q4, lower-end properties impacted most
For all the talk of Las Vegas bouncing back in the fourth quarter, a new report from J.P. Morgan shows Las Vegas room rates are down 12% on... more
Green Valley Ranch Resort in Henderson unveils $200 million room project
Green Valley Ranch Resort has unveiled the next phase of its $200 million property-wide transformation: the renovation of its guest rooms,... more
Las Vegas room rates softening, Truist analyst says
Following room-rate increases in April, Truist Securities analyst Barry Jonas saw them soften through May and into June on the Las Vegas... more
Strip visitation declines in April alongside gaming revenue
Along with the year-over-year decline in gaming revenue on the Las Vegas Strip for the third month in a row, Las Vegas visitation continued... more
