Latest Hospitality and leisure industry News

Illinois may soon return land the US stole from a Prairie Band Potawatomi chief 175 years ago

Jun. 23, 2024 00:18 AM EDT

SPRINGFIELD, Ill. (AP) — Some 175 years after the U.S. government stole land from the chief of the Prairie Band Potawatomi Nation while he was away visiting relatives, Illinois may soon return it to the tribe. Nothing ever changed the 1829 treaty that Chief Shab-eh-nay signed with...

AmEx buys dining reservation company Tock from Squarespace for $400M

Jun. 21, 2024 10:32 AM EDT

NEW YORK (AP) — American Express will acquire the dining reservation and event management platform Tock from Squarespace for $400 million cash. AmEx began making acquisitions in the dining and event space with its purchase of Resy five years ago, giving cardmembers access to...

Expanded Kentucky Bourbon Trail to feature both age-old distilleries and relative newcomers

Jun. 20, 2024 17:22 PM EDT

LOUISVILLE, Ky. (AP) — The Kentucky Bourbon Trail is maturing, like the fine whiskeys it showcases. A new-look Bourbon Trail unveiled Thursday will lead visitors to large and small distilleries alike, linking relative newcomers and age-old brands in a collective strategy to build...

Swiss central bank cuts its main interest rate by 1/4 point, citing easing inflationary pressures

Jun. 20, 2024 05:05 AM EDT

GENEVA (AP) — The Swiss National Bank said Thursday it has lowered its main policy rate by a quarter of a percentage point, citing a drop in “underlying inflationary pressure” despite an uptick in some costs like rents, tourism services and oil products. The central bank...

McDonald's is ending its test run of AI-powered drive-thrus with IBM

Jun. 18, 2024 21:16 PM EDT

NEW YORK (AP) — Ever get your McDonald's order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant's current automated order taker will soon be coming to a close. McDonald's confirmed Monday that it decided to end a global partnership with IBM, which has...

New Jersey casino and sports betting revenue was nearly $510 million in May, up 8.3%

Jun. 14, 2024 15:43 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey's casinos, horse tracks that take sports bets and their online partners won nearly $510 million from gamblers in May, an increase of 8.3% from a year earlier, according to figures released Friday by state gambling regulators. Internet gambling...

Modest needs? Charity founder accused of embezzling $2.5 million to fund lavish lifestyle

Jun. 12, 2024 14:34 PM EDT

NEW YORK (AP) — The charity was called Modest Needs but federal prosecutors who filed charges against its founder say his weren't. Rather, prosecutors in the U.S. attorney's office in Manhattan say, Modest Needs founder Keith Taylor had such expensive tastes that he embezzled more...

'Hotel Cocaine' on MGM+ gives viewers disco, drama and plenty of blow in Miami in the late '70s

Jun. 12, 2024 11:29 AM EDT

NEW YORK (AP) — The lapels are wide, “Disco Inferno” is blasting on the dance floor and lines and lines of nose candy are on offer in the new intriguing Miami-based series “Hotel Cocaine.” The eight-episode romp on MGM+ centers on a real-life hotel at the beginning of the...

Unchecked growth around Big Bend sparks debate over water — a prelude for Texas

Jun. 07, 2024 11:33 AM EDT

TERLINGUA, Texas (AP) — A plume of dust trailed the pickup truck that drove through a maze of caliche roads. The driver and passenger were familiar with the route. Rick and Georganne Bradbury, husband and wife, have navigated it twice a month for four years to deliver hundreds of gallons of water...

Hundreds of asylum-seekers are camped out near Seattle. There's a vacant motel next door

Jun. 07, 2024 08:59 AM EDT

KENT, Wash. (AP) — Kabongo Kambila Ringo stood outside the tent where he has been staying with his pregnant wife and ate from a clear plastic tray of Girl Scout cookies melting in the midday sun. He was one of around 240 asylum-seekers camping in a grassy lot along a highway south...