Hotels and Casinos

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Hotels, casinos eye overseas risk, rewards

LOS ANGELES (Reuters) - U.S. hoteliers and casino operators have set their sights on expanding overseas, particularly in Asia, but opinions differ on which sectors present the least economic and political risk.

Las Vegas debates how Macau will grow

LOS ANGELES (Reuters) - The biggest bet in Macau is how fast luxury shopping and other non-gambling pleasures will take off in the Chinese casino enclave, and the Las Vegas players putting chips on the table agreed this week. | Video

Travel Web sites clamp down on bogus reviews

LOS ANGELES (Reuters) - Travel Web sites, such as Priceline.com Inc. and Expedia Inc., are clamping down on fake online consumer reviews of hotels, which could undermine a growth area.

Hotels seek out next big thing in the lobby

LOS ANGELES (Reuters) - Hotel guests really shouldn't miss the next big thing in lodging: the lobby.

Strategic Hotels plans upgrades

LOS ANGELES (Reuters) - Strategic Hotels & Resorts Inc. , which invests in luxury hotels, plans to spend $500 million to $750 million in capital expenditures over the next three years as it focuses on expanding and upgrading hotels rather than buying new properties, its chief executive said on Wednesday. | Video

Starwood eyeing high-end chains

LOS ANGELES (Reuters) - Starwood Hotels & Resorts Worldwide Inc. , owner of the Sheraton, Westin and St. Regis chains, is exploring high-end acquisitions outside the United States, a top executive said on Wednesday. | Video

Marriott sees fees at peak levels soon

LOS ANGELES (Reuters) - Marriott International Inc. , the top U.S. hotel operator, expects to come close to a milestone in terms of profit levels at its hotels this year, its chief financial officer said on Wednesday. | Video

Hotel values soar as private equity prowls

LOS ANGELES (Reuters) - The value of hotels in North America is high and rising, spurred by roaring demand for properties and strong interest from cash-rich private equity firms. | Video

Hotelier bemoans New Orleans patch job

LOS ANGELES (Reuters) - Lack of progress in New Orleans is frustrating the hotel developer who launched plans for a jazz park last year to revitalize the hurricane-ruined city.

Atlantic City seen playing second fiddle to Macau

LOS ANGELES (Reuters) - A new wave of investment is buoying Atlantic City, but the New Jersey gambling center long overshadowed by Las Vegas faces a new rival that puts a dampener on its success: the Chinese gambling enclave of Macau.

Casinos consider asset-light model

LOS ANGELES (Reuters) - Casino companies with expensive properties in Las Vegas are considering following some major hotel operators in shedding their real estate to focus solely on operating the properties, industry leaders said.

Speakers

Summit Date Category
Islamic Banking and Finance Feb 15 - 18 Country Summits
Travel and Leisure Feb 22 - 24 Hotels/Casinos
Private Equity and Hedge Funds Mar 1 - 3 Financial Services/Exchanges
Global Mining and Steel Mar 8 - 10 Mining
Food and Agriculture Mar 15 - 18 Mining
Canadian Oil Sands Mar 22 - 23 Energy
Funds Mar 23 - 24 Financial Services/Exchanges
Global Exchanges and Trading Mar 29 - 31 Financial Services / Exchanges
Financial Regulation Apr 26 - 29 Financial Services / Exchanges