Home prices soared across the country at a record speed in July, though in Las Vegas, prices accelerated even faster than the national average, a new report shows.
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Blackstone has purchased the hotels’ real estate for nearly $3.9 billion, and MGM is leasing the properties back.
The multibillion-dollar sale of The Cosmopolitan marks the latest in a string deals on the Strip between two powerhouse companies and another investment on Las Vegas Boulevard from the CEOs of fast-food chain Panda Express.
Many retailers are announcing plans to hire thousands of seasonal employees for the holidays, but some are opting to offer more hours to current employees.
Longtime MGM Resorts International executive Cynthia Kiser Murphey is the new general manager of the Palms, the off-Strip resort acquired by the San Manuel Band of Mission Indians.
Travel industry leaders were still walking on air Tuesday morning thanks to news that fully vaccinated foreign nationals could again visit the U.S. starting November.
The state unemployment rate of 7.7. percent in August matched the rate in July, leading the country for the second straight month, according to the U.S. Bureau of Labor Statistics.
Hotel guests will pay a pretty penny for any room downtown this weekend as the three-day Life is Beautiful music and arts festival makes its return to Las Vegas.
Auric Symphony Park apartment complex will hold its grand opening Tuesday afternoon in downtown Las Vegas.
The passage of key legislation funding infrastructure should help the mining industry thrive, panelists agreed during the Monday kickoff address of the MINExpo trade show in Las Vegas.
Since its inception, the Rogers Foundation has given more than $89 million to those causes. “I like knowing that we’re the people who can make that opportunity to help make their dreams come true,” Rogers said.
The median sales price of previously owned single-family homes was $405,000 last month, unchanged from the record high set in July.
Signs of Las Vegas’ economic revival are hard to miss these days, but the workforce that supports the economy has yet to see that same rebound.
After not changing much for years, tiny Cal-Nev-Ari and its cluster of residents face the prospect of something very different for the remote desert town: a burst of development.
Travel experts expect gas prices to hold steady in Nevada through the long weekend as people take off on their last trips celebrating the unofficial end to summer.