MGM RESORTS INTERNATIONAL CORAL SPRINGS, Florida, June 25, 2015 /PRNewswire/ --
International hotel and leisure development projects continue to expand globally and newer projects are in early stage development putting the current growth at an all time high. Hoteliers, Developers and Upscale Resort Expansion in the news are Cabo Verde Capital Inc. (OTC:CAPV), Isle of Capri Casinos, Inc. (NASDAQ: ISLE), Marriott International, Inc. (NASDAQ: MAR), MGM Resorts International (NYSE: MGM) and Wynn Resorts (NYSE: WYNN)
Cabo Verde Capital Inc. (OTC:CAPV) is pleased to announce that it has come to an agreement in principle with a global hotel management company for the Company's hotel beach resort project In Sao Nicolau. The Company is developing the project in the Republic of Cabo Verde on the island of Sao Nicolau. The site is beach front and expansive. Definitive documentation is expected to be signed in the next few days and will include details of the commercial terms, that reflect Cabo Verde Capital's business practices that are built on a platform of de-risk and exit strategy in their projects through lease agreements.
Read the full CAPV press release at http://www.financialnewsmedia.com/profiles/capv.html
About Cabo Verde Capital Inc: Cabo Verde Capital's activities are based on three main pillars: Real Estate, Hospitality and Casino development and the exploitation of these three segments.
In other development/resort news and events: With the opening of two huge casinos serving as bookends on the year, 2014 was a big one for Landry's. But owner Tilman Fertitta said those casinos in Mississippi and Louisiana will have an even more significant effect on the bottom line in 2015. "The expectations are great," Fertitta said of the Golden Nugget Biloxi and the Golden Nugget Lake Charles Casino Resort and Hotel. "Lake Charles is a win, Biloxi is a win. We expect to see a huge revenue jump in 2015." Landry's-owned Golden Nugget Biloxi held its grand opening last spring after a $100 million conversion from the Isle of Capri Casino (NASDAQ: ISLE), and the $700 million built-from-scratch Lake Charles Golden Nugget made its debut in December. Read the full article at http://www.houstonchronicle.com/business/chron-100/article/No-4-private-company-Landry-s-6333864.php
The Ritz-Carlton Hotel Company, L.L.C., a wholly-owned subsidiary of Marriott International, Inc. (NASDAQ: MAR) Developments: As The Ritz-Carlton continues to grow around the world, so, too, does its legendary reputation for service excellence. Organizations, from aviation to healthcare, seeking guidance on embracing and sustaining a similar culture, now have the opportunity to learn directly from the source. The Ritz-Carlton Leadership Center(R) is hosting its one-day Service Excellence Culture course August 25th at The Ritz-Carlton, Dubai International Financial Centre. Led by the Leadership Center's Vice President, Diana Oreck, the course allows attendees to understand and sustainably enact the proven strategies of The Ritz-Carlton in their own organizations, such as MedStar Southern Maryland Hospital Center, a past course participant.
Residents on both sides of the debate over a proposed, $650 million Foxwoods resort casino for New Bedford's waterfront are steadily turning out to vote this week. Supporters say a casino is the best chance to create new jobs and investment and entertainment options in a city with one of the highest unemployment rates in the state. "New Bedford needs to make a change," said Robert Gifford after casting his 'yes' vote at a polling place in the city's northern edge. "We don't have many choices. Maybe we do, but I just don't see it. Where else are we going to get the jobs and the revenue?" MGM Resorts International (NYSE: MGM) and Wynn Resorts (NYSE: WYNN) also have state licenses to build major casinos in the coming years.
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