Latest Hospitality and leisure industry News

The Latest: No. 2 Australian city passes Sydney in new cases

Sep. 27, 2021 22:20 PM EDT

SYDNEY — Australia’s Victoria state has recorded more coronavirus infections than New South Wales for the first time since an outbreak of the delta variant began in Sydney in June. Victoria is Australia’s second-most populous state and on Tuesday the state capital...

Hawaii tourism industry could benefit from new federal rules

Sep. 27, 2021 16:49 PM EDT

HONOLULU (AP) — New federal rules for international travelers are expected to help Hawaii's crippled tourism industry. The state's international market has been nearly nonexistent since the pandemic largely shut down travel last year. Last week,...

Kraton, Hess rise; Apple, Moderna fall

Sep. 27, 2021 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Acceleron Pharma Inc., up $11.22 to $178.87. The biotechnology company is reportedly a buyout target. Carnival Corp., up 94 cents to $26.38. ...

Blackstone selling Vegas hotel Cosmopolitan in $5.65B deal

Sep. 27, 2021 16:11 PM EDT

LAS VEGAS (AP) — The owner of the Cosmopolitan of Las Vegas, the New York private equity firm Blackstone, is selling the 3,000-room Las Vegas Strip hotel in a $5.65 billion deal with a partnership that plans to contract with casino giant MGM Resorts International to operate the property. ...

Space Coast tourism on way to record year, despite pandemic

Sep. 26, 2021 03:14 AM EDT

MELBOURNE, Fla. (AP) — When the year began, Brevard County’s tourism chief was cautiously optimistic about a comeback for his industry locally. But he never expected to see how strong the recovery has become. Space Coast Office of Tourism Executive Director Peter...

Colorado River concessions say business up, water level down

Sep. 25, 2021 13:14 PM EDT

LAS VEGAS (AP) — As Chad Taylor looked toward the Callville Bay Marina Lounge from a houseboat on Lake Mead, he reflected on a much different time. In the mid-1990s, the building was right at the water’s edge. Today, it’s nearly a quarter-mile (half-kilometer) from...

Report: Girl wasn't buckled in before fatal theme park fall

Sep. 25, 2021 12:45 PM EDT

DENVER, Colo. (AP) — A 6-year-old Colorado girl who died in a fall from a theme park ride this month wasn't wearing the seat belts, and operators of the vertical drop ride didn't properly check the restraints before allowing it to begin, according to a report from state investigators. ...

Casino union marches for return to jobs on Las Vegas Strip

Sep. 24, 2021 23:03 PM EDT

LAS VEGAS (AP) — Thousands of hotel, casino and restaurant workers marched Friday on the Las Vegas Strip to highlight their call for employers to rehire more people who were furloughed last year because of the coronavirus pandemic. Despite the reopening of casinos and...

Carnival loses $2.8 billion but sees solid 2022 bookings

Sep. 24, 2021 18:09 PM EDT

Carnival Corp. lost $2.8 billion in the third quarter, but shares rose Friday after the cruise line operator said bookings for the second half of next year are running ahead of 2019 levels. Cruising investors are looking for any glimmer of hope for an industry that has...

Vail Resorts, Progress Software rise; Nike, Nvidia fall

Sep. 24, 2021 16:40 PM EDT

Stocks that traded heavily or had substantial price changes Friday: Nike Inc., down $9.99 to $149.59. The athletic apparel maker warned investors that supply chain problems will hurt revenue. Meredith Corp., up $11.41 to $56.30. ...