LAS VEGAS, Feb. 21, 2012 (www.hospitalitybusinessnews.com) -- MGM Resorts International announced today that its joint venture, Diaoyutai MGM Hospitality Limited, has entered into an agreement with Suning Real Estate Group, a subsidiary of Suning Group, for the Suning Bellagio Shanghai Bund hotel as a part of a strategic relationship between the companies for the development of hotels within the...
LAS VEGAS, Feb. 22, 2012 (www.hospitaiitybusinessnews.com) -- MGM Resorts International today reported improved financial results for the fourth quarter ended December 31, 2011. Loss per share was $0.23 compared to a loss of $0.29 per share in the prior year fourth quarter. The current quarter results include MGM China Holdings, Limited (“MGM China”), which the Company began consolidating...
CHICAGO – (www.hospitalitybusinessnews.com) Jimmy’s Charhouse of Elgin, an Elgin, Ill., steakhouse, will pay $205,000 to resolve a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today. The EEOC sued Jimmy’s Charhouse on behalf of female employees who charged that they were sexually harassed by restaurant...
CHICAGO, Feb. 22, 2012 (www.hospitalitybusinessnews.com) -- Strategic Hotels & Resorts, Inc. today reported results for the fourth quarter and full year ended December 31, 2011.
"Despite lingering global and domestic uncertainty, Strategic Hotels' superior operating performance again led our...
NORWALK, Conn., Feb. 22, 2012 (www.hospitalitybusinessnews.com) -- HEI Hotels & Resorts (HEI), today announced that the company has purchased the 154-room hotel in the Rosslyn submarket of Arlington, Virginia, for an undisclosed amount. Effective today, the hotel...
PARIS, Feb. 22, 2012 (www.hospitalitybusinessnews.com) -- Blending French elegance with Indian culture, Sofitel Luxury Hotels announces the opening of its first hotel in India, Sofitel Mumbai BKC. The landmark hotel is located in the heart of Mumbai's business district...
BROOMFIELD, Colo., Feb. 22, 2012 (www.hospitalitybusinessnews.com) -- Vail Resorts, Inc. today announced that it has entered into an agreement to acquire Kirkwood Mountain Resort at Lake Tahoe, Calif., recognized by skiers and snowboarders as offering some of the best high alpine advanced...



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