Resorts

This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau.Eduardo Leal | AFP | Getty ImagesCheck out the companies making headlines in midday trading.Wynn Resorts — Shares of the casino operator jumped 10% after a filing showed billionaire investor and restaurant owner Tilman Fertitta has built a passive 6.1% stake in the company. The stock is still down more than 20% this year.Newell Brands – Shares of Newell Brands, a consumer goods…

Mary Bourke and Michael Margolis weren’t even thinking of buying a ski house. But when they heard about the sale of a new development of 1,350-square-foot, three-bedroom, two-bathroom A-frames going for $579,000 apiece, right on the edge of Saddleback Mountain in Rangeley, Maine, they put money down within a week, closing on the purchase in June. Mary Bourke and Michael Margolis sit outside the A-frame they…

A Chinese company is looking to sell three major U.S. resort hotels at a combined price tag of $1.3 billion, seeking to cash out these holdings during a powerful surge in leisure travel and resort business. Dajia Insurance Group Co. is putting up for sale the Montage in Laguna Beach, Calif., the Four Seasons resort in Jackson Hole, Wyo., and the Four Seasons in Scottsdale, Ariz., according to people familiar with the matter. BofA Securities Inc. and real estate banking and brokerage firm…

Vail Resorts sued the Town of Vail this week over the latter’s decision to block the construction of employee housing due to concerns it will disrupt a bighorn sheep habitat. The lawsuit, filed Tuesday in Eagle County District Court, asks a judge there to invalidate an Aug. 2 vote of the Vail Town Council that stopped progress on the project. “As is the case in many mountain towns in Colorado, the Town of Vail desperately needs affordable housing,” the lawsuit states. “Vail, therefore, needs to move forward with all of…

Annie Palmer / CNBC: How Amazon entices creators to join its Influencer Program, which began in 2017 and pays a commission for generated sales, by flying them to resorts and more — - Last month, Amazon hosted more than a dozen Instagram, TikTok and YouTube stars at a glitzy Mexico resort. Annie Palmer / CNBC: How Amazon entices creators to join its Influencer Program, which began in 2017 and pays a commission for generated sales, by flying them to resorts and more — - Last month,…

Those staying near the Denver International Airport will have a new hotel option: the city’s first Atwell Suites. IHG Hotels & Resorts, a global hotel company with well-known brands like Holiday Inn, InterContinental and more, is opening the 96-room property Thursday. Atwell Suites Denver Airport – Tower Road at 18350 East 65th Ave. is the brand’s second property. “With close proximity to the airport, we know its convenient location along with the property’s flexible design will appeal to both business and leisure…

A scheme set in motion two decades ago by Vail Resorts has unjustly taken millions of dollars from Eagle County homeowners and put them on the hook for millions of dollars more, those homeowners alleged in a Broomfield court last week. In a lawsuit filed May 23, the Red Sky Ranch Metropolitan District asked a Broomfield judge to nullify the allegedly unscrupulous arrangement. The metro district is controlled by homeowners in Red Sky Ranch, a community of 87 houses and two golf courses over 780 acres in the tiny town of…