James Packer has stepped down from his seat on Crown Resorts' board, a move that could help the company recover from a Chinese crackdown. Crown Resorts has recently seen its debt diminish and is working on a $1.7 billion project in Sydney.
Facebook's scandal related to selling data could negatively affect social casino operators, such as Zynga, that rely heavily on the site. Eilers & Krejcik Gaming estimates that the social casino market will reach $4.6 billion by 2020 and get about 12% of its revenue from Facebook and the web.
Eldorado Resorts is conducting a feasibility study for a potential water park in Reno, Nev., and the company has submitted an application for a special-use permit with the city's planning department. The plan describes an indoor-outdoor swimming pool and water slide park that will include a pedestrian skyway to connect it to the Circus Circus hotel-casino.
Choice Hotels is invested in growing its Cambria brand. "While we will continue to invest in individual projects, we are experiencing strong demand from the development community as well as institutional capital partners who want to develop and invest in multiple projects with us," said Choice Hotels' Mark Shalala.
Hotels are opting to update common areas in a bid to appeal to millennials. "The push now is to make it a communal space," said Dermot Ryan of consulting firm MGAC. "Make the public areas places where people want to go and hang out and ultimately spend money in, as opposed to what it was years ago, when people met at the bar, had one drink and then went out for dinner."
Hawaii Island's Hapuna Beach Prince Hotel is in the midst of a $46 million renovation project that includes a planned name change. The updated property will be called The Westin Hapuna Beach Resort.
The proposed Brian Paul Hotel in Tennessee's Davidson County would cost an estimated $320 million. The project is seeking permission from the local government.
Four Seasons plans to transform the private island of Caye Chapel in Belize into a luxury destination. The project calls for 100 guest rooms and 35 private homes.
Managers can hold the key to higher engagement among employees, according to Happify. Bosses can boost employees' motivation by giving them the chance to learn on the job, fostering a sense of community, providing meaningful work and expressing thanks to show appreciation.