NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE:VICI) (“VICI Properties” or the “Company”), an experiential-asset real estate investment trust (“REIT”), today announced the pricing of an upsized public offering of 30 million…

NEW YORK–(BUSINESS WIRE)–VICI Properties Inc. (NYSE:VICI) (“VICI Properties” or the “Company”), an experiential-asset real estate investment trust (“REIT”), today announced the pricing of an upsized public offering of 30 million shares of common stock at a public offering price of $21.00 per share, for gross proceeds of $630.0 million. The Company has also granted to the underwriters a 30-day option to purchase up to an additional 4.5 million shares of common stock at the public offering pric

In 2019, expect pilot and flight attendant unions to press for new rules that will limit the ability of carriers to make sudden schedule changes. Expect last-minute contract negotiations, too.…

In 2019, expect pilot and flight attendant unions to press for new rules that will limit the ability of carriers to make sudden schedule changes. Expect last-minute contract negotiations, too. American Airlines, Delta, and other carriers say that adjustments are sometimes needed to smooth operations.
-Sean O’Neill

Gilbert Sells Detroit Casino to Penn, Vici for $1 Billion

Quicken Loan founder sold Greektown Casino Hotel to publicly-traded REIT Vici Properties Inc. and Penn National Gaming Inc.

Quicken Loan founder sold Greektown Casino Hotel to publicly-traded REIT Vici Properties Inc. and Penn National Gaming Inc.

And the Winners Are: Amazon Makes Its Final HQ2 Choices, Which Is Hardly a Surprise

The online giant picked New York and Arlington, Va. for its new headquarters, in what some observers have viewed as a foregone decision.

The online giant picked New York and Arlington, Va. for its new headquarters, in what some observers have viewed as a foregone decision.

The Boeing 737 is among the most reliable jets in aviation history. But the aircraft has been involved in several high-profile incidents over the past few years. Let's hope the…

The Boeing 737 is among the most reliable jets in aviation history. But the aircraft has been involved in several high-profile incidents over the past few years. Let’s hope the industry learns from these events and makes sure they do not repeat.
-Brian Sumers

Choctaw Casino & Resort – Durant Announces New Expansion Project

Choctaw Nation of Oklahoma announced today they will expand their resort property in Durant, Okla. This will be the fourth expansion project since the original casino opened in 2006.

Choctaw Nation of Oklahoma announced today they will expand their resort property in Durant, Okla. This will be the fourth expansion project since the original casino opened in 2006.

170 Room Ritz-Carlton Lake Tahoe Sold for $120 Million

Braemar Hotels & Resorts Inc. (NYSE: BHR) yesterday announced it has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California.

Braemar Hotels & Resorts Inc. (NYSE: BHR) yesterday announced it has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California.

Hospitality Trends to Look out for In 2019

Ready or not, the new year is upon us and new goals waiting to be set. Does your 2019 plan take into consideration these key changes expected to hit the…

Ready or not, the new year is upon us and new goals waiting to be set. Does your 2019 plan take into consideration these key changes expected to hit the industry?

Leading accommodation wholesaler Hotelbeds expects to see a Brexit impact during the turn of year peaks in the UK market which it confirmed as its largest source market last week.

Leading accommodation wholesaler Hotelbeds expects to see a Brexit impact during the turn of year peaks in the UK market which it confirmed as its largest source market last week.

European Hotel Construction Pipeline Continues to Boom

The total pipeline increased a robust 18% by projects and 21% by rooms year-over-year (YOY). In addition, each of the three project stages are at or near the highest project…

The total pipeline increased a robust 18% by projects and 21% by rooms year-over-year (YOY). In addition, each of the three project stages are at or near the highest project and room counts since LE began recording in the region in 2008.