Latest Hospitality and leisure industry News

Vermont caps emergency motel housing for homeless, forcing many to leave this month

Sep. 19, 2024 11:37 AM EDT

BERLIN, Vt. (AP) — This fall, hundreds of the most vulnerable people experiencing homelessness in Vermont must leave state-funded motel rooms where they’ve been living as the state winds down its pandemic-era motel voucher program. The move is prompting outcry from municipal leaders and...

The Bank of England is widely expected to hold interest rates as inflation stays above target

Sep. 18, 2024 09:34 AM EDT

LONDON (AP) — The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares offset by lower fuel costs and restaurant and hotel bills. ...

New Jersey internet gambling sets new record at $198M in revenue, but land casinos lag

Sep. 16, 2024 15:41 PM EDT

ATLANTIC CITY, N.J. (AP) — Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue even as most of Atlantic City's land-based casinos continued to win less than they did before the COVID-19 pandemic. Figures released Monday by...

Thailand's slumping economy is new leader Paetongtarn's focus in her first parliamentary speech

Sep. 12, 2024 01:26 AM EDT

BANGKOK (AP) — Thailand’s new Prime Minister Paetongtarn Shinawatra vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic woes. Paetongtarn, the leader of the ruling Pheu Thai Party and daughter of...

As warming threatens polar bear tourism, a Canadian town adapts and thrives

Sep. 10, 2024 09:43 AM EDT

CHURCHILL, Manitoba (AP) — Change has broken, remade and continues to reshape this remote town where tundra meets forest on the shore of Hudson Bay. The economic base collapsed when the military left town. Rail service and cargo ships — the lifeblood of supplies for a town not...

The 2024 Olympics were a success for Paris but a calamity for some businesses

Sep. 10, 2024 08:27 AM EDT

PARIS (AP) — Parisian business owners and hotel managers were promised a summer like no other. Millions of tourists would flood the French capital for the Olympic and Paralympic Games, generating huge profits for the region. With the Games officially over, the time has come to run...

The Grand Canyon main water line has broken dozens of times. Why is it getting a major fix only now?

Sep. 09, 2024 14:59 PM EDT

On a scorching day in June 2013, the Grand Canyon discouraged hikers from making a long trek to the bottom because there would be no potable water. A set of historic cabins and bunks also would be closed overnight because of a water pipeline break. The incident was one of more than...

A wish at Rome's Trevi Fountain could soon cost more than the coin you toss

Sep. 07, 2024 03:25 AM EDT

ROME (AP) — Seemingly every tourist in Rome knows the key to returning to the Eternal City is to toss a coin into the Trevi Fountain and make a wish. The result: Hoards of visitors packing the Baroque monument any given day, taking selfies and betting on a return trip. Officials...

Buffalo's mayor is offered a job as president and CEO of regional Off-Track Betting Corporation

Sep. 05, 2024 18:35 PM EDT

BATAVIA, N.Y. (AP) — Buffalo's longest-serving mayor, Byron Brown, was offered a position Thursday to lead Western Regional Off-Track Betting Corp. The public benefit corporation's board of directors voted unanimously to offer Brown the job as president and chief executive...

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

Sep. 05, 2024 17:20 PM EDT

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on Thursday approved the casual seafood chain's reorganization plan, which...