Latest Hospitality and leisure industry News
Hopes high for return of skiing at abandoned Colorado resort
COLORADO SPRINGS, Colo. (AP) — Dreams are inching closer to reality in a rural southern Colorado community, where a former ski resort sat abandoned until 2017. That’s when Cuchara Mountain Park opened, following a grassroots effort that saw a local foundation acquire private property that was...
Balsams developer now has 100% ownership of resort
DIXVILLE NOTCH, N.H. (AP) — A contractor who formed a partnership to buy the Balsams resort in northern New Hampshire shortly after it closed in 2011 has sold his share to current developer Les Otten, giving him 100% ownership of the resort and surrounding property. The Caledonian-Record reports Dan...
Danville officials still hopeful for casino, despite delays
DANVILLE, Ill. (AP) — Officials in an eastern Illinois city are still hopeful their community can land a casino, despite delays in the state's application process caused by the coronavirus pandemic. Gov. J.B. Pritzker signed gambling-expansion legislation in June 2019 that allowed for six new casino...
Outdoor recreation highlighted in Kentucky visitor's guide
FRANKFORT, Ky. (AP) — The Official Kentucky Visitor's Guide for 2021 highlights outdoor recreation opportunities for travelers in response to the coronavirus pandemic. The guide notes outdoor adventures, Kentucky State Parks, racetracks, distilleries and wineries as opportunities that allow for safe travel...
Raiders owner Mark Davis buying WNBA's Las Vegas Aces
Mark Davis is expanding his sports empire in Las Vegas, buying the Aces from MGM Resorts International. The Raiders owner purchased the WNBA team Thursday pending approval from the league's board of governors. “I am excited to announce that I have entered into an agreement to purchase the Las Vegas...
A record year for NJ sports betting; casinos, not so much
ATLANTIC CITY, N.J. (AP) — New Jersey took nearly $1 billion worth of sports bets in December, an encouraging finish to a year in which coronavirus closures and restrictions sent overall gambling revenue down nearly 17%. Over $6 billion worth of bets were placed last year in New Jersey, which won a U.S....
Fed survey finds economy slowing in some areas of country
WASHINGTON (AP) — A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID-19 cases. The Fed report released Wednesday said that the bulk of the Fed's 12 regions...
Job openings down in most industries, while layoffs spike
WASHINGTON (AP) — Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has brought about another wave shutdowns of restaurants and bars and hobbled consumer spending. While the layoffs were...
Carnival expects 2021 loss but says 2022 bookings are strong
Carnival Corp. said Monday its 2022 cruise bookings are running ahead of 2019 numbers, a good sign that guests will return once the pandemic has eased. The coronavirus has been devastating for the cruise industry, which had expected to welcome 30 million passengers worldwide in 2020. Instead, Carnival and others...
Coronavirus vaccine brings relief to Utah homeless hospice
SALT LAKE CITY (AP) — While no one living at a Salt Lake City hospice center for homeless people has tested positive for COVID-19, the vaccine's arrival has provided a new sense of relief. Kimberlin Correa, executive director of the INN Between, said staff and medically fragile residents at the medical...
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