by Wally Northway Published: November 20,2009
The number of scheduled domestic and international passengers on U.S. airlines in Aug. 2009 declined by 4.1 percent from Aug. 2008, dropping by 2.8 million to 65 million, according to the Bureau of Transportation Statistics (BTS). August was the 17th consecutive month with a decrease in passengers from the prior year. BTS, in a release of [...] [...]
by Wally Northway Published: November 17,2009
Tags: gaming, leisure and hospitality, real estate
DIAMONDHEAD — Deborah Vitale says jokingly that one day she will write a book, then a musical, on the saga of her professional struggles over the last decade-plus to get a gaming venue built on the Mississippi Gulf Coast. President of Diamondhead Casino Corporation (OTBB: DHCC), she can only chock up her company’s survival to [...] [...]
by Wally Northway Published: November 6,2009
Tags: education, leisure and hospitality, tourism, workforce development
HARRISON COUNTY — One of the key issues facing the tourism industry on the Mississippi Gulf Coast is workforce development. Finding and retaining personnel post-Hurricane Katrina has proven challenging. So, hopes are high for a new, state-of-the-art Hospitality and Resort Management Center on the Jefferson Davis campus of Mississippi Gulf Coast Community College (MGCCC). The design [...] [...]
by Wally Northway Published: November 6,2009
Tags: gaming, leisure and hospitality, publicly traded company
MGM MIRAGE reported a third quarter diluted loss per share of $1.70, compared to income per share of $0.22 in the prior year third quarter. The current year results were impacted by non-cash impairment charges totaling $1.17 billion, or $1.72 loss per diluted share net of tax, including a pre-tax non-cash impairment charge of $956 million [...] [...]