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They Blew Up a 326-Room Luxury Hotel. And Built Something With Fewer Rooms. Mandarin Oriental Miami Traded 326 Hotel Rooms for 121. The Per-Key Bet Is Staggering. Host Hotels Sold $1.1 Billion in Properties. The Buyers Believe Something the Sellers Don't. MGM Fed 1,400 TSA Workers to Keep Vegas Running. That's Not Charity. That's the P&L Talking. Hilton's Malaysia Bet Is Bigger Than One Hotel... It's a Template Houston's STR Crackdown Before the World Cup Is a Brand Positioning Test for Every Hotel in Town Andaz Lisbon Is Beautiful. The Question Is Whether the Promise Survives Tuesday. They Blew Up a 326-Room Luxury Hotel. And Built Something With Fewer Rooms. Mandarin Oriental Miami Traded 326 Hotel Rooms for 121. The Per-Key Bet Is Staggering. Host Hotels Sold $1.1 Billion in Properties. The Buyers Believe Something the Sellers Don't. MGM Fed 1,400 TSA Workers to Keep Vegas Running. That's Not Charity. That's the P&L Talking. Hilton's Malaysia Bet Is Bigger Than One Hotel... It's a Template Houston's STR Crackdown Before the World Cup Is a Brand Positioning Test for Every Hotel in Town Andaz Lisbon Is Beautiful. The Question Is Whether the Promise Survives Tuesday.

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Tourism-dependent markets

1 story · First covered Apr 12, 2026 · Latest 12h ago

Tourism-dependent markets Coverage

700 Box Lunches Tell You More About Vegas Than Any Earnings Call

Operations Primary

12h ago

700 Box Lunches Tell You More About Vegas Than Any Earnings Call

MGM Resorts is feeding TSA agents who are working without paychecks at Harry Reid International, and it's a genuinely good thing. But if you're an operator in a tourism-dependent market, the story underneath is what should keep you up tonight.

MS

Mike Storm 3 min read · 12h ago