Latest Resort hotel operators News

2022 is the year of all-inclusive travel, and here’s why

May. 18, 2022 16:44 PM EDT

The hotel name Zoetry (in Zoetry Montego Bay Jamaica) has an umlaut mark over the letter “e.” For some travelers, all-inclusive hotels conjure up images of flavorless food served under a heat lamp in lush and vibrant destinations where guests never actually leave the resort...

Former ski resort owner gets 5 years in Vermont fraud case

Apr. 29, 2022 13:11 PM EDT

BURLINGTON, Vt. (AP) — The former owner of two Vermont ski resorts was sentenced Friday to five years in prison for his role in a failed plan to build a biotechnology plant using tens of millions of dollars in foreign investors’ money. The sentencing of Ariel Quiros, former owner...

2nd man sentenced in Vermont visa fraud case

Apr. 20, 2022 13:27 PM EDT

BURLINGTON, Vt. (AP) — The second of four men accused in a failed plan to build a biotechnology plant in Vermont using tens of millions of dollars in foreign investors’ money raised through a special visa program was sentenced Wednesday in federal court to 18 months in prison. ...

Ex-ski resort exec gets 18 months in failed visa plan case

Apr. 14, 2022 20:53 PM EDT

BURLINGTON, Vt. (AP) — The first of four men accused in a failed plan to build a biotechnology plant in Vermont using tens of millions of dollars in foreign investors’ money raised through a special visa program was sentenced Thursday to 18 months in prison. William Stenger, 73,...

Seoul: North Korea destroying S. Korean-owned golf course

Apr. 12, 2022 02:30 AM EDT

SEOUL, South Korea (AP) — North Korea is destroying a South Korean-owned golf course at a scenic mountain resort in the second confirmed case of South Korean assets being eliminated in an area where the rivals once ran a joint tour program, officials said Tuesday in Seoul. North...

North demolishing hotel that was symbol of Korean engagement

Apr. 08, 2022 00:34 AM EDT

SEOUL, South Korea (AP) — North Korea is demolishing a South Korean-owned hotel at a North Korean resort that was one of the last symbols of inter-Korean engagement, according to Seoul officials who called for the North to stop the “unilateral” destruction. South Korea built...

Government seeks 5-year sentence for ex-ski resort president

Apr. 06, 2022 17:47 PM EDT

The federal government has requested a five-year sentence for a former Vermont ski resort executive accused in a failed plan to build a biotechnology plant using tens of millions of dollars in foreign investors’ money raised through a special visa program. William Stenger, 73, the...

Gondola linking 2 Tahoe ski resorts to open for next winter

Mar. 12, 2022 12:11 PM EST

RENO, Nev. (AP) — A long-awaited gondola connecting two Lake Tahoe ski resorts that was entangled in a legal battle will be completed for the 2022-23 ski season at Palisades Tahoe, resort officials say. Alterra Mountain Co., the Denver-based parent company of the resorts, broke...

Grants from fraud settlement go to Newport projects

Feb. 19, 2022 11:27 AM EST

MONTPELIER, Vt. (AP) — About $1.5 million in development funds have been awarded to projects in Newport thanks to a Vermont settlement with a former ski resort owner accused of fraud involving foreign investors’ money, officials said. Extra consideration was given to properties...