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Apr 21
Wynn resumed construction on its $5.1 billion Al Marjan Island casino after a brief pause for Iranian drone strikes, and analysts shrugged it off as "overblown." The 40% equity stake, 15-year exclusive license, and $3.3M per-key price tag tell a more complicated story about what this project needs to return.
Hilton is tailoring Iftar buffets, Suhoor packages, and staycation deals across the Middle East and Africa during Ramadan, and cutting food waste by 61% in the process. The real question is whether the owner running these programs is capturing the margin or subsidizing the brand's cultural marketing campaign.
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