Latest Hospitality and leisure industry News

Nevada revisits Oakland Athletics stadium plan in special legislative session

Jun. 08, 2023 04:21 AM EDT

CARSON CITY, Nev. (AP) — The Oakland Athletics’ search for a new home drew Nevada lawmakers into a special legislative session Wednesday to weigh whether the state should cover $380 million of the $1.5 billion stadium planned for the Las Vegas Strip. Representatives from the A's...

The pause on student loan payments is ending. Can borrowers find room in their budgets?

Jun. 07, 2023 21:16 PM EDT

WASHINGTON (AP) — In a good month, Celina Chanthanouvong has about $200 left after rent, groceries and car insurance. That doesn’t factor in her student loans, which have been on hold since the start of the pandemic and are estimated to cost $300 a month. The pause in repayment has been a...

Cracker Barrel: Fiscal Q3 Earnings Snapshot

Jun. 06, 2023 08:20 AM EDT

LEBANON, Tenn. (AP) — LEBANON, Tenn. (AP) — Cracker Barrel Old Country Store Inc. (CBRL) on Tuesday reported fiscal third-quarter net income of $14 million. On a per-share basis, the Lebanon, Tennessee-based company said it had profit of 63 cents. Earnings, adjusted for...

Stock market today: Asian stocks rise after Wall St retreats on concern economy weakening

Jun. 06, 2023 00:31 AM EDT

BEIJING (AP) — Asian stock markets rose Tuesday after Wall Street fell on concern the U.S. economy may be weakening following a report that showed growth in service industries slowing. Shanghai, Tokyo and Hong Kong rose. Sydney retreated. Oil prices declined. Wall...

Las Vegas ballpark pitch revives debate over public funding for sports stadiums

Jun. 04, 2023 14:15 PM EDT

CARSON CITY, Nev. (AP) — Gov. Joe Lombardo wants to help build Major League Baseball’s smallest ballpark — arguing that the worst team in baseball can boost Las Vegas, a city striving to call itself a sports mecca. Nationwide debate about public funding for private sports clubs...

Grand Isle State Park reopens nearly 2 years after Hurricane Ida

Jun. 03, 2023 12:59 PM EDT

GRAND ISLE, La. (AP) — Grand Isle State Park has reopened, nearly two years after Hurricane Ida raked the barrier island and destroyed much of its infrastructure. “This is a big step in our recovery and just in time for locals and visitors to enjoy for the summer,” Grand Isle...

Opponents hold 'day without immigrants' in Florida to protest new restrictions

Jun. 02, 2023 17:07 PM EDT

IMMOKALEE, Fla. (AP) — Across Florida on Thursday, workers didn't show up at construction sites and tomato fields and scores of restaurants, shops and other small businesses never opened their doors to protest a new state law that imposes restrictions on undocumented immigrants. ...

Florence bans new short-term vacation rentals in Italian city's historic center

Jun. 01, 2023 14:22 PM EDT

MILAN (AP) — The city of Florence on Thursday announced an immediate ban on new short-term private vacation rentals in the Renaissance city’s historic center, part of an effort to draw full-time residents back to one of Italy’s most popular tourist destinations. Mayor Dario...

Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding

Jun. 01, 2023 04:29 AM EDT

COLOMBO, Sri Lanka (AP) — The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared bankruptcy, after stern fiscal controls, improved foreign currency income and help from an International Monetary Fund program resulted in inflation...

More businesses require teens to be chaperoned by adults, curbing their independence

May. 28, 2023 11:19 AM EDT

PARAMUS, N.J. (AP) — Jennifer Sepulveda used to drop off her 14-year-old son, Jorden, at the local mall on a Friday or Saturday night, where he would catch a movie with his friends and then hang out afterwards at the food court or elsewhere. Not anymore. Starting...