News That Matters

Tag: Hotels and resorts

US Casinos Learned Some Useful Lessons From Pandemic
News

US Casinos Learned Some Useful Lessons From Pandemic

By WAYNE PARRY, Associated PressATLANTIC CITY, N.J. (AP) — The COVID pandemic forced most U.S. casinos to close for months, causing payrolls, revenue and earnings to tumble.But the forced shutdowns and highly regulated recoveries also taught the industry some useful lessons that will endure even after the pandemic is a distant memory, panelists at a major casino conference said Thursday.Speaking at the East Coast Gaming Congress, executives from several major regional gambling companies and one of the world's largest said the changes they were forced to make due to the pandemic had some benefits.“It forced us and gave us the ability to say to our guests that things that used to be viewed as an entitlement, maybe they don't need them as much as they thought they did,” said Jim Allen, cha...
Best hotels for business travelers in Asia-Pacific
Business

Best hotels for business travelers in Asia-Pacific

Business travelers are on the road again. So there's no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific.CNBC joined with the market and consumer data firm Statista to produce rankings of the "Best Hotels for Business Travelers." A second list of rankings for hotels in Europe and the Middle East will be published next month.In total, we analyzed more than 10,000 four- and five-star hotels in 117 locations to produce a list corporate travelers can trust. We did this using a three-step process:Asking business travelers and hotel industry professionals to answer a CNBC reader survey which ran from May 3 to June 7, 2022.Reviewing more than 1 million hotel data points, which included objective information (location, business facilities, food, leisur...