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Live! Casino & Hotel Louisiana tops off

Hotel Business

LRGC Gaming Investors LLC, an affiliate of The Cordish Companies , marked a significant milestone in the construction of the first land-based casino in the Shreveport-Bossier market during the topping-off ceremony for the more than $270-million Live! Casino & Hotel Louisiana. With the first land-based casino in the market, Live!

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Luxury projects hit historic highs while limited-service hotel development booms in the United States

Hotel Business

The hotel development pipeline in the U.S. hotel construction pipeline, with full-service projects—encompassing luxury, upper-upscale, upscale and casino properties—representing 2,295 projects and 349,812 rooms, or 37% and 48% of the total pipeline respectively. Limited-service development continues to dominate the U.S.

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Bruce Smith-Cordish JV to develop $1.4B mixed-use in Virginia

Hotel Business

Casino & Hotel Virginia. “An important part of our evaluation was to identify a development team with a proven track record in developing and operating mixed-use and casino properties, a long history of revitalizing cities across the country, and strong community engagement practices. . billion Live!

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Hyatt reports Q1 global RevPAR increased 5.5%

Hotel Business

“The year is off to a great start with gross fee revenue reaching a record of $262 million in the quarter,” said Mark S. Hoplamazian, president/CEO, Hyatt, “Our pipeline also reached a new record, expanding 10% year-over-year (YOY) to 129,000 rooms, and we realized net rooms growth of 5.5%. .” In the U.S.,