The Hospitality Newsletter
· 🇺🇸 North AmericaLas Vegas hospitality news covering casino resorts, The Strip hotel developments, convention tourism, and Nevada entertainment.
2,573,392▼ 2.7% vs prior week
average daily US air travellers (7-day) · 10/21/2026
US-wide screening volume — a demand proxy, not a local figure.
Las Vegas faces softening visitor volumes and RevPAR drops alongside multi-billion-dollar corporate ownership shifts.
Ownership Shakeup ·Fertitta Entertainment advances its $17.6 billion acquisition of Caesars, while Barry Diller's People Inc. withdrew an $18 billion buyout of MGM.
◉Demand Slump ·Las Vegas visitation dropped 7.5%, driving weekly RevPAR contractions and reducing employee tip income and operating hours.
↓Portfolio Expansion ·Accor entered the Strip by adding the 2,884-room Treasure Island resort to its Handwritten Collection network.
↑Rental Crackdown ·Clark County proposed ordinances banning booking platforms from processing payments for unlicensed short-term rentals, enforcing daily fines up to $1,000.
◉Outlook
Fall convention scheduling and regulatory approvals for Fertitta's buyout will determine near-term Strip pricing stability.
U.S. hotel performance dropped week over week but showed strong annual gains for the week ending Oct. 3, buoyed by the Yom Kippur calendar shift.
Hotels in Ras Al Khaimah are undergoing major renovations and shifting away from all-inclusive models to capitalize on the upcoming Wynn Al Marjan Island opening in 2027.
Barry Diller's People Inc. has officially withdrawn its multi-billion-dollar proposal to take MGM Resorts International private.
Caesars Entertainment shareholders have overwhelmingly approved a $17.6 billion takeover bid by Fertitta Entertainment to take the casino giant private.
Barry Diller's People Inc. has withdrawn its roughly $18 billion offer to take MGM Resorts International private, leaving the hospitality and casino operator public.
Ras Al Khaimah is repositioning as a luxury destination, planning to increase its premium room share from 13.3% to 80% by 2030.
Top executives from Live Nation, the Las Vegas CVA, and Brand USA will convene on September 22 in New York to address how live events drive travel demand and destination revenue.
The U.S. hotel industry marked its 21st consecutive week of year-over-year gains, driven by a 16.1% RevPAR increase aided by the Labor Day calendar shift.
The U.S. hotel industry recorded its 19th consecutive week of year-over-year gains through August 22, driven by steady increases across occupancy, ADR, and RevPAR. San Francisco and St.
A 7.5% drop in Las Vegas tourism has severely reduced tips and working hours for local hospitality staff, despite tax deduction policies designed to offer relief.
Las Vegas recorded a 7.5% decline in visitors last year, leading to reduced hours, lower tip earnings, and labor adjustments across properties.
Accor has officially entered the Las Vegas market by adding the 2,884-room Treasure Island property to its Handwritten Collection.
The U.S. hotel industry saw positive year-over-year performance gains across all key metrics for the week ending August 1.
Accor has expanded into Las Vegas by adding the 2,884-room Treasure Island TI resort to its Handwritten Collection, making it the largest property in Accor's global portfolio.
U.S. hotel performance posted positive year-over-year gains for the week ending July 25, led by strong RevPAR and ADR growth.
MGM Resorts International achieved record consolidated revenue of $4.5 billion in Q2 2026, driven by growth on the Las Vegas Strip and a 20 percent boost in its digital sector.
MGM Resorts is shifting its strategic focus toward luxury amenities and live event tourism to offset a decline in overall tourist numbers.
Caesars Entertainment posted a 3.5% decline in Las Vegas net revenues for Q2 2026, though systemwide revenues grew 3%.
Delta Air Lines is significantly increasing its international service to Asia and Europe, targeting specific high-demand windows like the CES conference in Las Vegas to close the revenue…
The U.S. hotel industry reported positive year-over-year performance in May 2026, with RevPAR climbing 4.0% driven largely by gains in ADR and strong results in major markets like Las Vegas…
Dormakaba announced major milestones in digital access at HITEC, including a successful Google Wallet key rollout at Resorts World Las Vegas and new staff credential security tools.
The U.S. hotel industry saw positive growth for the week ending May 30, with ADR rising 4.5% and occupancy reaching 62.2%.
Barry Diller’s People Inc. is preparing an $18 billion bid to take MGM Resorts private, highlighting the unique value of physical hospitality assets and digital growth potential.
Fertitta Entertainment has reached an agreement to acquire Caesars Entertainment in a massive $17.6 billion deal that includes a 'go-shop' period for potential rival bids.
Billionaire Tilman Fertitta has reached an agreement to acquire Caesars Entertainment for $5.7 billion in cash while assuming $11.9 billion in existing debt.
Fertitta Entertainment has reached a definitive agreement to acquire Caesars Entertainment in a massive $17.6 billion transaction.
Little Caesars is advancing its "Hot-N-Ready" legacy by integrating drones, AI-driven ordering, and delivery robots into its operations to ensure product freshness and speed.
Tripadvisor reveals that its AI-powered trip planning tools are significantly outperforming standard user metrics in revenue generation, while hotel giants MGM and Marriott finalize a…
Ras Al Khaimah is transitioning into a global luxury hub with plans to more than double its hotel capacity and open high-profile resorts like Wynn and Nobu.
Wynn Resorts reported a significant 10% year-over-year RevPAR increase for its Las Vegas properties in Q1 2026, driven by a strengthening local market and high demand.
Caesars Entertainment shareholders approved a $17.6 billion takeover bid by Fertitta Entertainment to take the casino operator private. The transaction faces up to 10 months of state regulatory reviews and federal antitrust clearance before it can officially close.
No, Barry Diller's People Inc. withdrew its roughly $18 billion bid to take MGM Resorts International private. MGM continues to operate as an independent public company, though People Inc. maintains a 27% ownership stake in the business as Las Vegas Strip demand softens.
The 2,884-room Treasure Island TI hotel joined Accor's Handwritten Collection. The agreement marks Accor's official debut in the Las Vegas market and makes the resort the single largest property in Accor's global network, connecting it to the ALL loyalty program.
A 7.5% drop in Las Vegas tourism reduced visitor counts, leading to lower tip earnings and reduced working hours for hospitality staff. In response to the slowdown, hotel operators adjusted service schedules and launched targeted promotions, particularly to attract Canadian travelers.
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