Resorts

By Tom Bergin, Lawrence Delevingne and Koh Gui Qing (Reuters) – Donald J. Trump’s golf club in Jupiter, Florida, where multi-million-dollar villas flank the greens of an 18-hole course, reflects the new geography of his family business. Long based in New York, the Trump Organization has gravitated recently to Florida’s…

Melco Resorts & Entertainment Limited (NASDAQ: MLCO) reported solid growth and strategic initiatives in its Second Quarter 2024 Earnings Conference Call. CEO Lawrence Ho and CFO Geoff Davis outlined the company’s financial performance, with a focus on profitability, growth, and market position maintenance. The company welcomed Tim Kelly as the…

Xenia Hotels & Resorts, Inc. (NYSE: XHR) reported its second-quarter earnings for 2024, revealing a period of growth and challenges. The company saw an increase in revenue per available room (RevPAR) due to stronger corporate transient and group demand, but experienced some softness in leisure demand. The quarter’s net income…

Vail Resorts, Inc. (NYSE: NYSE:) has released its third-quarter fiscal 2024 results, revealing a net income increase to $362 million from $325 million in the previous year. Despite a challenging North American ski season, the company has maintained a positive outlook for its resort reported EBITDA, expecting it to range…

Wynn Resorts (NASDAQ:) announced a record-breaking property EBITDAR of $647 million in the first quarter of 2024, with Wynn Las Vegas and Macau properties showing strong performance. The company has also declared a cash dividend for shareholders, while revealing plans for global expansion, including potential developments in New York City…