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.