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...“This is a desperate move by Chinese companies under the export controls....
...The owner of some of those storied casinos on the Las Vegas strip, including the Bellagio, the Aria, the Cosmopolitan and Mandalay Bay, had to resort to “manual mode” gambling, including cash payouts and...
...Proprium Capital Partners, a real estate private equity group, has sold back its 35 per cent stake in Motel One to the company’s majority shareholder, One Hotels & Resorts, according to a statement on Tuesday...
...WeWork said earlier in April that it expected to emerge from Chapter 11 by the end of May, and another person familiar with the talks said switching to an auction would be a last resort....
...CDFIs typically offer lower-value loans used as a last resort by consumers and businesses that are unable to access credit through traditional routes because of their poor credit records....
...Many pension plans are also obliged to make payouts to their beneficiaries, forcing them to resort to the secondary market to raise cash more quickly....
...SLC Turnberry — the company that operates the resort — lists the Donald J Trump Revocable Trust as its ultimate controlling shareholder....
...The mood is less boisterous now, and amid a raft of sustainability measures the lift operating company has committed to not extend the ski area further....
...Without elaborating, Seitlinger Jr hints that the issue with the lift company can be resolved. They have the backing of the state; Carinthia has launched a big marketing push for its two-dozen resorts....
...A wing was ripped off a plane attempting to land at the French ski resort of Courchevel last weekend, the latest in a series of accidents at the high-altitude airport....
...CPIPG said in response it believed Muddy Waters was “categorically wrong” about the company....
...In November, the company bought the operator of the Crans-Montana resort in the Swiss Alps, following an acquisition of another Swiss resort in 2022....
...As Alphaville wrote earlier this year, over the years they have morphed into unofficial de facto lenders-of-second-to-last-resort to the US banking industry....
...Vail Resorts’ planned SFr30mn (€31.9mn) investment over five years will need to be recouped and, while the company says that ski lift prices will not alter this winter, there’s less certainty about whether...
...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”. Read more here...
...The company says on their website that this is “a very important part of evaluation process”....
...“In order to relist, there need to be fundamental changes to the company,” one buyout executive said....
...Luxury resort operators Aman Resorts and Four Seasons have also announced plans to launch their own cruise ships....
...It will have to resort to more discounting amid a “frozen” housing market. It cut the top end of its full-year revenue guidance and sharply lowered its outlook on adjusted operating margin....
...Keith Rodgers, managing director at real estate company Taiga, says the market is also moving higher end, with a profusion of luxury hotels and resorts that are expected to open in the next three years....
...Choice Hotels International has scrapped its $9bn hostile takeover of Wyndham Hotels and Resorts, ending an almost year-long pursuit of the rival hotel group whose board repeatedly criticised the deal....
...A French resort appeared in the top three of the best-value ranking for the first time....
...Labriola told the FT last year the network sale was a last resort to save the company, which burns through €3mn per day....
...Several companies have also left Florida, which has frequent episodes of flooding and hurricanes; many households are now covered only by the state-backed insurer of last resort....
...Italy’s resorts depend more heavily on artificial snow than other major ski destinations too....
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