The trend in Las Vegas Strip construction has been toward eliminating small hotels and constructing larger buildings that feature multiple brand-name hotels and boutique properties under one roof. The newest is the $4.4 billion, 3,500-room Resorts World Las Vegas, which includes a Hilton, Crockfords and Conrad, while older properties such as Casino Royale are being replaced with skyscrapers that house more hotels and attractions. TheStreet
Gen Korean BBQ, which went public in an initial stock offering, has a value proposition that makes it well-positioned to withstand economic headwinds. The chain had 34 restaurants at the end of June and the company expects it could eventually grow to 250 locations. FSR
The STRAT Hotel, Casino & Tower in Las Vegas will open Atomic Golf in late 2023. The four-story golf driving range will consist of over 100 hitting bays and food and beverages. KSNV-TV
According to the 2023 Big Book of Travel Data, Marriott International had the highest room revenue worldwide of leading hotel groups in 2022 with $61.4 billion, followed by Hilton Hotels at $41.5 billion and IHG Hotels & Resorts at $25.8 billion. Hampton by Hilton topped
Lowes Foods is preparing to bring its first Lowes-branded store to Georgia through a deal to acquire Foothills IGA in Marble Hill, Georgia. The banner transition is expected to be completed before summer 2024. The Shelby Report
Walmart has lengthened the list of tests and treatments its pharmacists can perform in 12 states for common ailments like the flu, strep throat and COVID. In-store treatment options can include medication prescriptions or grocery-based relief like tea or soup. Winsight Grocery Business
Broadway East Group is on the verge of striking a deal to revive East Broadway Mall in the Chinatown district of Manhattan, an effort that will include an 800-seat restaurant. The depressed property “needs new development, a new concept, new everything to make it attractive.
Grocery Outlet will open its first store in Las Vegas, officially marking the 450th location for the retailer. The fast-growing Emeryville, California-based discount grocer’s Las Vegas store will be located at 3890 Blue Diamond Rd., Ste. B. Winsight Grocery Business
Gucci has opened a 12,000-square-foot store at Dallas’ NorthPark Center, its biggest location in Texas. The $8 million store replaces the luxury brand’s former 7,820-square-foot location in the same center and includes features such as a private shopping area and an 800-square-foot Gucci kids boutique.
Slated for a December opening, the all-inclusive Wyndham Alltra Samana in the Dominican Republic will offer four pools, nearly a dozen food and beverage outlets and activities for families such as nonmotorized water sports. The 404-room resort will be managed by Playa Hotels & Resorts.
Swedish fashion house Toteme will expand its US presence with the opening of two stores in the Los Angeles market this fall after opening its New York City flagship last year. The brand, known for its minimalist luxury style, also has wholesale deals with upscale
Virtual Women in Construction: Building Connections was held on December 14th, 2022, 1 PM to 2 PM EST via a Zoom. 2023 Virtual Women in Construction TBD.
2023 Men’s Round Table #1 will be held Q3, 2023
The trend in Las Vegas Strip construction has been toward eliminating small hotels and constructing larger buildings that feature multiple brand-name hotels and boutique properties under one roof. The newest is the $4.4 billion, 3,500-room Resorts World Las Vegas, which includes a Hilton, Crockfords and
