GLG News by Experts in the Leisure & Lodging Council

Loss of on-site golf course Is the convention business complemtary to a high end casino? Is this just an attempt to drive revenue from a new (different) market segment?

Steve Wynn's plans to build additional convention and hotel space may have to wait. The lending market is not quite what it should be at this time. It may be more prudent to put a hold until the market lightens up a bit. Money has not stopped him in the past though - he always manages to get...

Paraphrasing President Bill Clinton's campaign strategist, James Carville... It is the Loonie stupid!  It is also the economy, price of gas. The reverse phenomenon is occurring in the US...where it is the dollar stupid!

The legacy airlines are struggling to survive the rapid and substantial increases in fuel costs. The industry's old business model (high fixed costs and low variable costs) has been destroyed by the high fuel costs. The survival of this industry, with proper regard for the interests of their customers, is...

Service metrics are at a significant low for US airlines. While other airlines - particularly in emerging markets are powering ahead with superlatives and solid quality at all parts of the Spectrum, the same cannot be said of the US products. The US airlines are sowing the seeds of long term brand value...

While the economists  wait for more data before  declaring a recession, the affluent market has clearly recognized the poor state of the economy. In a new survey of the wealthiest 10% of US households, the index of 52 for current business conditions represents a sharp drop of 56 points from...

It's a matter of time till the downturn in the gaming industry will adjust itself. Can Station's hold on and still claim their #1 spot within the locals market. What will their recent private buyout partnership do to control losses? It's not a wait and see market ------

Is any person or persons able to put up a casino any place they like? This must be the exclusive right of Native American Tribes. How will this affect community relations? Where do the tribes go from here - do they actually have any restrictions? Must they be appeased every time they want some...

MGM Mirage has the right approach to the current economic environment

The causes of food cost inflation aren't about to go away.  Demand in emerging economies for a higher quality and more varied diet will increase, and ethanol production will make it more difficult for producers to respond quickly to the market.