The company, which closed on its acquisition of the resort last month with Vici Properties, is offering equity-like award to the resort’s 7,000 employees.
Revenue grew 78 percent to $1.53 billion and net income reached $55 million, up from a loss of $3.9 billion in 2020.
Banyan Investment Group, based in Atlanta, Georgia, is now in the “best and final offer” stage of bidding in a half-dozen separate deals.
Eric Birnbaum, founder and CEO of Dreamscape Companies, joins the podcast to talk about how his firm has approached making deals during the past two years.
Carriers slashed 151,000 flights globally through Feb. 1 in the first week the new variant appeared.
Understanding hotel and office investing in a pandemic-altered market.
CGI Merchant Group is in contract to acquire the hotel lease for the Trump International Hotel.
Minnesota developer D. Jon Monson said that he had a $52 million construction loan in place when he sold $23 million in municipal bonds.
The ability to reprice room rates day to day is helping hotel owners offset higher wages.
The private equity firm, which specializes in travel and leisure bets, has begun conversations with potential investors about the new vehicle.