Latest Resort hotel operators News

Omicron unravels travel industry's plans for a comeback

Dec. 01, 2021 11:31 AM EST

Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant. From shopping districts in...

Private house OK'd on remote SC island where resort denied

Nov. 30, 2021 13:02 PM EST

PORT ROYAL, S.C. (AP) — A part owner of a private island in South Carolina accessible only by plane or boat has been given permission to build his own home on the island after Beaufort County last year denied a request to build an ecotourism resort. Bay Point, near...

Name of ski mountain will no longer include derogatory term

Nov. 29, 2021 13:47 PM EST

PORTLAND, Maine (AP) — A ski mountain is set to remove a derogatory term for Native American women from its name — two decades after state law eliminated the slur from names of communities and public landmarks. The leader of a group of investors that's buying Big...

Ellison firm buys Hyatt Regency at Lake Tahoe for $345M

Oct. 29, 2021 17:30 PM EDT

INCLINE VILLAGE, Nev. (AP) — Oracle Co-Founder Larry Ellison’s investment firm has purchased the Hyatt Regency Lake Tahoe Resort, Spa and Casino at Lake Tahoe, the Tahoe Daily Tribune reported. Incline Hotel LLC, a branch of Lawrence Investments, bought the lakeside...

Maui hotel workers will need to apply for jobs after sale

Oct. 19, 2021 17:06 PM EDT

WAILUKU, Hawaii (AP) — Employees of the Royal Lahaina Resort on Maui will have to apply for jobs once new operators of the hotel take over later this year. BlackSand Capital, a Hawaii real estate investment firm led by Honolulu developer B.J. Kobayashi, said last week...

Developer aims to bring 4th hotel to Honolulu suburb

Oct. 14, 2021 17:11 PM EDT

HONOLULU (AP) — A developer aims to bring a fourth hotel to the Honolulu suburb of Kapolei amid demand from local residents and business travelers for less expensive hotel rooms outside of resort districts. A Utah-based partnership is seeking a city permit to build a...

Several buyers interested in forfeited Vermont ski resort

Oct. 06, 2021 14:59 PM EDT

After attempts to sell the Jay Peak ski area were halted at the start of the pandemic, sale discussions have been taking place with several parties this year, according to a update from the receiver appointed after the former owner was accused of fraud in 2016. Receiver...

$7.5M expansion is biggest in Mt. Rose ski resort history

Sep. 28, 2021 17:51 PM EDT

RENO, Nev. (AP) — Mt. Rose Ski Tahoe is launching its largest capital improvement project in the history of the ski resort with a $7.5 million expansion that includes a new high-speed chairlift and trail additions to help skier traffic patterns. Resort officials say the...

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. ...

Trial begins over COVID outbreak in Austrian ski resort

Sep. 17, 2021 06:03 AM EDT

VIENNA (AP) — A civil trial opened Friday in Austria over the government's handling of a coronavirus outbreak at an Alpine ski resort during the early stages of the pandemic that relatives say resulted in unnecessary infections and deaths. Sieglinde and Ullrich Schopf,...