LV Sands casino-resort in Macau permit approved: Las Vegas Sands Corp. and its majority-owned subsidiary, Sands China, announced on Tuesday that the company has received the government permit needed for construction on the US$2.7 billion Parisian Macao to resume this week.
Read more at LV Sands’ website
Me to enter US: Meliá Hotels International signed a deal to rebrand the 129-room Casa Moderna Hotel as Me Miami, which will open in spring 2015.
Trigild sells 2 California hotels: Trigild announced the US$21 million receivership sale of the 118-room Holiday Inn Express Hotel & Suites Santa Clarita and the 120-room Best Western Valencia Inn.
Dubai World agrees to $10.3 billion debt deal: Dubai World reached a deal with creditors to repay US$10.3 billion in debt.
Read more at Bloomberg Businessweek
Thor refinances Chicago hotel: Thor Equities refinanced the 1,642 Palmer House, A Hilton Hotel, with a US$420 million loan package.
Read more at Crain’s Chicago Business
Kendall, Hilton partner: Kendall College, Blackstone and Hilton Worldwide are partnering for a hospitality education program for veterans.
Dubai reports record amount of tourists: Dubai, United Arab Emirates, reported 5.8 million tourists for the first half of 2014, “the highest number of visitors ever achieved in the first six months of the year.”