SWISS will be adding six attractive new summer destinations to its Geneva-based route network from 22 June. The new services will operate to and from Ponta Delgada (on the Azores), Antalya (Turkey), Menorca (Spain), Djerba (Tunisia), Dubrovnik (Croatia) and Rhodes (Greece).
Swiss International Air Lines (SWISS) will add six new routes to its Geneva-based network next summer, serving destinations in Portugal, Turkey, Spain, Tunisia, Croatia and Greece. The additions will bring to 53 the number of points receiving non-stop SWISS service from and to Geneva.
Ponta DelgadaPonta Delgada on the Azores will be served every Monday from 22 June to 31 August. The new route will make SWISS the only airline offering non-stop flights between Geneva and the Portuguese mid-Atlantic archipelago, which is famed for its unspoilt nature and its spectacular landscapes.
Antalya SWISS will be offering a weekly Friday service between Geneva and Antalya from 26 June to 23 October. A seaside resort on Turkey’s southwest coast, the city is considered one of the country’s finest.
Menorca Menorca will enjoy SWISS services from and to Geneva every Saturday between 4 July and 29 August. A quieter alternative to neighbouring Mallorca and Ibiza, the island in the Spanish Balearics is renowned for its unspoilt natural landscapes and its fine-sand beaches fringed by turquoise waters.
Rhodes In adding the picturesque islands of Rhodes to its network, SWISS will serve no fewer than eight Greek destinations from Geneva in its 2020 summer schedules. Rhodes will receive a weekly Sunday service between 5 July and 30 August.
DjerbaSWISS will be providing a weekly Saturday service between Geneva and Djerbafrom 4 July to 29 August. A highly popular holiday destination, the island off the Tunisian coast is reputed for its beaches and its white desert towns.
DubrovnikDubrovnik will enjoy weekly Saturday SWISS services from and to Geneva between 4 July and 29 August. The Southern Croatian city, which has been designated as a UNESCO World Heritage Site, is one of the most charming in Europe with its stunning architecture and its rich cultural history.
In collaboration with the Disneyland Resort, Alaska Airlines reveals its latest special-edition aircraft livery, that offers a whimsical tribute to Pixar Pier, a reimagined land at Disney California Adventure Park.
SEATTLE, Oct. 7, 2019 /PRNewswire/ — In collaboration with the Disneyland Resort, Alaska Airlines showcased its latest special-edition aircraft livery today that offers a whimsical tribute to Pixar Pier, a reimagined land at Disney California Adventure Park.
A trio of familiar Pixar characters span both sides of the aircraft: Woody, Buzz Lightyear and Jessie of Toy Story fame. For more added fun, one of the Aliens from the popular animated movie series can be spotted on both winglets, and even Rex the Tyrannosaurus makes a special appearance at the boarding door. The plane is named “Friendship and Beyond at Disneyland Resort.”
“There’s nothing better than landing happy on the way to The Happiest Place on Earth,” said Natalie Bowman, Alaska Airlines’ managing director of brand marketing and advertising. “The Disneyland Resort is one of our signature West Coast friendships, and we love that we can celebrate Pixar Pier by taking these iconic characters on a brand-new adventure.”
The unique design is a collaboration between the teams at Alaska, Disney and Pixar. The Pixar Pier-themed 737-800, tail number N537AS, begins flying throughout Alaska’s route network today, welcoming guests with its artistic flair for many years to come. To get the job done, the exterior of the plane required more than 2,800 work hours over 24 days using more than 50 gallons of paint — in 44 primary colors and custom shades — to completely repaint the aircraft with the vibrant new livery.
Three roundtrips now every weekend from January 10 through March 29, with the popular $29 starting fares again this season
WINTER PARK, Colo. – Every weekend this ski season can last for three days instead of two, with Amtrak “ski train” roundtrips between Denver and Winter Park Resort on Fridays, Saturdays and Sundays, starting Jan. 10. Adult fares start at $29 each way and tickets are on sale now at Amtrak.com/WinterParkExpress. Each ticketed adult can bring a child age 2-12 for half the adult fare.
This will also be the second season of snack and beverage service using a Superliner® Sightseer Lounge Car, with windows from floor level and into the top of the railcar. Since 2017, more than 52,000 customers have avoided frustrating stop-and-go ski traffic on the roads to enjoy the service partnership on the rails by Amtrak and the resort named last year as the “Best in North America”. The 2019 season set a ridership record on a transportation mode that is reliable, sustainable and friendly.
The 2020 Amtrak Winter Park Express will run each Friday, Saturday and Sunday through March 29. The Amtrak trains depart Denver Union Station at 7 a.m. and arrive at the resort at approximately 9 a.m., leaving Winter Park at 4:30 p.m.to return to Denver at 6:40 p.m. All times Mountain. The station is served by the Denver Regional Transportation District (RTD) commuter trains to Denver International Airport, light rail, local or intercity buses, ride-sharing services and taxis.
The public can choose from 36 roundtrips for the comfortable and scenic ride using RTD, BNSF Railway and Union Pacific tracks to pass through the historic Moffat Tunnel.
Investments at the resort for this season include the new six-person Sunnyside lift, a $6 million upgrade to reduce the ride time from 8 minutes to under 4 minutes and give improved access to some of the most beloved intermediate terrain in the Mary Jane territory. This season will also see the first “Winter Park Fireworks & Family Fests” on Saturday nights Dec. 14, Jan. 18, Feb. 15 and Mar. 14 for fireworks, slope-side bonfires and more. Questions about the resort and its many features can be answered by calling the resort directly: 888-923-7275.
Amtrak and Winter Park Resort have also made it easy to book group travel by calling 800-USA-1GRP for a train/ski package – including lodging – crafted by representatives of the resort and Amtrak.
(Reuters) – The collapse of British travel operator Thomas Cook left hundreds of thousands of holidaymakers abroad and forced governments and insurers to coordinate a huge operation to get them home.
FILE PHOTO: Passengers are silhouetted in front of a closed service counter of travel agent Thomas Cook and airline Condor at the airport in Frankfurt, Germany, September 24, 2019. REUTERS/Kai Pfaffenbach
The company ran hotels, resorts and airlines ferrying 19 million people a year to 16 different countries.
Here is a summary of the impact of the collapse in different countries and efforts to salvage parts of the group:
GERMANY
Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and it said it was in talks with potential new investors.
The German government said it was considering an application for a bridging loan from Thomas Cook Germany, a day after it said it would guarantee a 380 million euro ($418 million) bridging loan for Condor, the British group’s German airline.
The company is in contact with the German foreign ministry, insurers and other partners to get customers home. Zurich Insurance, which provided insolvency cover to Thomas Cook Germany, will cover the costs for those on holiday.
About 97,000 holidaymakers were still stranded on Thursday.
AUSTRIA
Thomas Cook Austria, which belongs to the German unit, also filed for insolvency on Wednesday, with the aim of continuing in business.
THE NETHERLANDS
The Dutch unit of Thomas Cook canceled all travel booked through Thomas Cook Netherlands and subsidiary Neckermann.
A Dutch court on Wednesday granted Thomas Cook Nederland B.V., a Netherlands-based subsidiary, protection from creditors. It employed roughly 200 staff.
POLAND
Thomas Cook’s Polish unit, Neckermann Polska, said on Wednesday that it has filed for insolvency. Poland regional authorities says around 3,600 customers of Neckermann Polska are still abroad.
BELGIUM
Thomas Cook’s Belgian unit ceased carrying passengers on Tuesday and liquidated two businesses, seeking protection from creditors and ultimately a buyer for Thomas Cook Retail Belgium.
It still has some 13,400 customers on holidays abroad.
NORDICS
Several planes operated by Thomas Cook Scandinavian Airlines have not been able to take off because their leasing contracts remained with the British parent, Danish subsidiary Spies said.
It was not immediately clear how the situation would be resolved.
Thomas Cook’s Nordic business said on Monday it would continue to operate as it is a separate legal entity from its London-listed parent and added that it was looking for new owners.
The Nordic business consists of two legal entities, Thomas Cook Northern Europe and Thomas Cook Scandinavian Airlines, and is also known as Ving Group.
The business operates under several brands: Ving in Norway, Spies in Denmark, Tjäreborg in Finland, as well as Ving and Globetrotter in Sweden.
BRITAIN
Emergency flights had brought 14,700 people back to the United Kingdom on 64 flights on Monday, and around 135,300 more were expected to be returned over the next 13 days, Britain’s aviation regulator said.
More than 70 flights were scheduled to operate on Wednesday to bring back 16,500 people.
MEXICO
The collapse of British travel firm Thomas Cook will not have a “significant impact” on Mexico’s tourist industry as it only represents about 0.4% of the sector’s foreign income, the Mexican tourism ministry said on Tuesday.
BULGARIA
Thomas Cook’s collapse poses a serious challenge to Bulgarian tourism, with dozens of Black Sea hotels facing losses totaling tens of millions of dollars as negotiations for the next summer season take place, its tourism minister said on Tuesday.
TUNISIA
Tunisian tourism minister Rene Trabelsi told Reuters that 4,500 Thomas Cook customers are still on holiday in Tunisia.
The British government repatriated about 1,200 tourists via planes sent to Tunisa’s Enfidha airport, and another 4,000 still in Tunisia will return after their holidays.
FRANCE
The French arm of the business said on Tuesday it was asking the French commercial court of Nanterre for creditor protection
Thomas Cook France will hold a meeting of its works council on Thursday about a plan to declare insolvency and to start a recovery procedure.
French organization Entreprises de Voyage said that about 10,000 French tourists could be affected by the bankruptcy.
SPAIN
The collapse has affected 53,000 Britons in Spain, Spanish Acting Tourism Minister Reyes Maroto told reporters.
The ministry has been in touch with German and Swedish authorities to ensure Thomas Cook subsidiaries continue to operate at least for the winter season, she added.
GREECE
A Greek tourism ministry official told Reuters that about 50,000 tourists were affected.
CYPRUS
Cyprus says 15,000 Thomas Cook customers were stranded on the island.
HUNGARY
Thomas Cook’s Hungarian unit Neckermann Magyarorszag said it was continuing its operations and all passengers would be able to return from abroad as planned.
It said its financial situation was stable and its assets were sufficient guarantee that its passengers would not suffer any financial damage. It said passengers should contact its offices directly about upcoming flights.
RUSSIA
Thomas Cook’s Russian tour operator subsidiary, Intourist, said the bankruptcy of Thomas Cook will have no impact on clients, Executive Director Sergei Tolchin told Interfax.
TURKEY
The Turkish Ministry of Tourism said it will provide support for local companies affected by the Thomas Cook collapse.
The head of the country’s Hotelier Federation said about 45,000 tourists from the UK and elsewhere in Europe are in the country.
MOROCCO
Morocco’s tourism ministry said it had created a crisis unit to handle the fallout from Thomas Cook’s collapse. Thomas Cook operated two flights to Marrakesh a week. No official numbers were given.
EGYPT
Thomas Cook operator Blue Sky Group said that 25,000 reservations in Egypt booked up to April 2020 had been cancelled. Blue Sky currently has 1,600 tourists in Egypt’s Hugharda resort.
INDIA
Thomas Cook India said it had been unaffected as it has been a separate entity since August 2012.
PEBBLE BEACH, Calif. (Reuters) – Italian premium sports car maker Ferrari NV will expand sales of easier-driving grand touring cars, but will not try to chase rival Porsche’s annual sales volume, Ferrari Chairman John Elkann told an audience of classic car enthusiasts gathered at this storied golf resort on the Pacific coast.
Elkann also reiterated that Fiat Chrysler Automobiles NV, of which he is chairman, remains open to opportunities to combine with other automakers, but is positioned to remain independent. Fiat Chrysler in May proposed a merger with French automaker Renault SA, but the deal fell apart after the French government intervened and Elkann withdrew the proposed merger.
Fiat Chrysler Chief Executive Mike Manley sent the same message to Renault and other would-be partners earlier this month.
Elkann visited Pebble Beach during the annual Concours d’Elegance, during which wealthy collectors bring some of the world’s rarest vintage automobiles to be admired — and sold — and premium manufacturers showcase exotic new models.
Ferrari is best known for flashy, high performance sports cars. Among fans of vintage Ferraris, more understated GT, or grand touring, cars from the 1960s, some with seating for four people, are among the most popular models on auction blocks and at enthusiast events. GT cars were designed to be comfortable on longer road trips.
Elkann hinted Ferrari will unveil a new GT type car in November. Ferrari has said previously that about 40% of its total sales could come from GT cars by 2022, up from 32% now.
Ferrari has outlined plans to expand revenue to 5 billion euros ($5.54 billion) by 2022 from 3.4 billion euros in 2017. The company has said it plans to add a model called the Purosangue to compete with a growing stable of sport utility vehicles wearing premium sports car brands, such as the Lamborghini Urus.
Rival Porsche AG, a unit of Volkswagen AG, has expanded its sales to more than 250,000 sports cars and sport utility vehicles annually. Elkann said Ferrari is not aiming for Porsche’s level of sales.
CAIRO, July 20 (Reuters) – British Airways and Lufthansa abruptly suspended flights to Cairo from Saturday over security concerns, but giving no details about what may have prompted the move.
“We constantly review our security arrangements at all our airports around the world, and have suspended flights to Cairo for seven days as a precaution to allow for further assessment,” British Airways said in a statement.
Lufthansa later said it had cancelled its flights to Cairo on Saturday from Munich and Frankfurt and will resume its flights on Sunday
British Airways, a unit of IAG, also said that it would never operate an aircraft unless it was safe to do so. When asked for more details about why flights had been suspended and what security arrangements the airline was reviewing, a spokeswoman responded: “We never discuss matters of security.”
Three Egyptian airport security sources told Reuters that British staff had been checking security at Cairo airport on Wednesday and Thursday. They gave no further details.
The British Foreign Office updated its travel advisory on Saturday to add a reference to the British Airways’ suspension, advising travellers affected to contact the airline.
Egypt’s Ministry of Civil Aviation said in a statement late on Saturday that it had contacted the British Embassy in Cairo which had confirmed that the decision to suspend the flights was not issued by Britain’s transport or foreign ministries.
The Egyptian ministry added that it will add more flights from Cairo to London starting on Sunday “to facilitate transporting passengers during this period.”
The British government has long advised against all but essential travel by air to and from the Egyptian resort of Sharm el-Sheikh, where a Russian passenger jet was bombed in 2015, but has not issued similar warnings against air travel to and from Cairo.
“There’s a heightened risk of terrorism against aviation. Additional security measures are in place for flights departing from Egypt to the UK,” the British advisory says.
Tourism, a key source of foreign revenue for Egypt, has been recovering after tourist numbers dropped in the wake of a 2011 uprising and the 2015 bombing of the Russian jet, which killed all 224 people on board shortly after takeoff.
That attack, which was claimed by Islamic State, prompted Russia to halt all flights to Egypt for several years and a number of countries including Britain to cease flights to Sharm el Sheikh, which have yet to resume.
(Reporting by Lena Masri and Amina Ismail; editing by Peter Graff, Diane Craft and G Crosse)
Addition of Alila Hotels provides World of Hyatt loyalty members even more places to earn and redeem points and connect to exclusive experiences across distinct hotels and resorts
CHICAGO (June 25, 2019) – Hyatt Hotels Corporation (NYSE:H) today announced the introduction of Alila Hotels into the World of Hyatt loyalty program beginning June 25, 2019. This program expansion allows World of Hyatt members to enjoy more unique stay options, the ability to earn and redeem points and enjoy in-hotel benefits at 16 participating Alila properties located throughout Asia, Southwest Asia and the U.S. This program addition quickly follows Hyatt’s November 2018 acquisition of Two Roads Hospitality and its recent integration of the Thompson Hotels and Joie de Vivre brands, with the Destination Hotels brand set to follow later this year.
16 Alila hotels are joining World of Hyatt beginning June 25, 2019 through July 16, 2019, including:
Ventana Big Sur – an Alila Resort – Big Sur, California (June 25)
Alila Solo – Solo (Surakarta), Central Java, Indonesia (June 25)
Alila Seminyak – Seminyak, Bali, Indonesia (June 25)
Studios at Alila Seminyak – Seminyak, Bali, Indonesia (June 25)
Alila Ubud – Gianyar, Bali, Indonesia (June 25)
Alila Villas Uluwatu – Uluwatu, Bali, Indonesia (June 25)
Alila Manggis – Karangasem, Bali, Indonesia (June 26)
Alila SCBD – Jakarta, Java, Indonesia (June 26)
Alila Diwa Goa – Salcette, Goa, India (July 15)
The Diwa Club by Alila – Salcette, Goa, India (July 15)
Alila Jabal Akhdar – Jabal Al Akhdar, Oman (July 15)
Alila Fort Bishangarh – Jaipur, Rajasthan, India (July 16)
Alila Anji – Anji, Zhejiang, China (July 16)
Alila Wuzhen – Jiaxing, Zhejiang, China (July 16)
“Following the additions of the Thompson Hotels and Joie de Vivre brands into World of Hyatt, we are thrilled to introduce Alila as the next former Two Roads brand to join the loyalty program,” said Amy Weinberg, senior vice president, World of Hyatt. “Alila is an award-winning brand known for its combination of innovative design and eco-luxury in unique locations, set apart by an unprecedented level of private space, crafted artisanship, personalized hospitality, and bespoke journeys. We are looking forward to offering our World of Hyatt members the opportunity to discover even more unique destinations and exclusive experiences at these remarkable properties while enjoying the rewards they’ve come to expect from World of Hyatt.”
Following the completion of the Alila Hotels integration on July 16, 2019, more than 40 hotels across the Thompson Hotels, Joie de Vivre and Alila brands will have joined World of Hyatt in many new destinations including Zihuatanejo, Mexico, Ubud, Bali, Indonesia, and more.
Exclusive Alila FIND Experiences
Additionally, as part of the Alila brand integration, World of Hyatt members will be able to participate in uniquely crafted, authentic experiences at participating Alila hotels and resorts through the FIND experience platform, all of which will align with Hyatt’s three landmarks of wellbeing: Feel, Fuel and Function. Available for members to redeem using points, these specially curated experiences will be focused on enhancing mind and body, through offerings like the Balinese Beauty Ritual at Alila Seminyak, Seminyak, Indonesia; Journey to Gastronomy at Alila Villas Uluwatu, Uluwatu, Indonesia; Payangan “Private Bali” Trekking to explore rice terraces and riverside views at Alila Ubud, Gianyar, Indonesia; and Snorkeling the Blue Lagoon in Bali at Alila Manggis, Karangasem, Indonesia.
Exclusive World of Hyatt Member Offer
To celebrate, members can earn 2,000 Bonus Points for their first
qualifying stay exploring each of the new brands for a total of up to
8,000 Bonus Points, plus a free night when they experience all four
brands this year. Eligible stays at participating hotels begin once each
property participates in World of Hyatt and are valid through December
31, 2019. No registration is required. Full terms for these offers are
below. These offers are combinable with other program offers, and are
part of World of Hyatt’s continued commitment to increasing rewarding
offerings for its global members.
LAS VEGAS, June 10, 2019 /PRNewswire/ — Allegiant Travel Company (ALGT) today reported preliminary passenger traffic results for May 2019.
May 2019 estimated average fuel cost per gallon – system $2.32
Allegiant Travel Company
Las Vegas-based Allegiant (ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with premier leisure experiences – from vacations to hometown family entertainment. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations, with all-nonstop flights and industry-low average fares, as well as hotel rooms and rental cars available exclusively through the company’s website, Allegiant.com. Today, Allegiant serves more than 450 routes across the country, with base airfares less than half the cost of the average domestic roundtrip ticket. Allegiant’s Sunseeker Resorts division is currently under construction with its inaugural resort property, Sunseeker Resort Charlotte Harbor in Southwest Florida – a unique waterside integrated resort like no other. A growing group of Allegiant Nonstop family entertainment centers offer state-of-the art indoor sports and games to thrill seekers of all ages, while TeeSnap helps golf courses thrive and enhance customer experience through an innovative suite of technology tools for course scheduling, point of sale and more. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF
ALGT/G
Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.
FILE PHOTO – The logo of Australian casino giant Crown Resorts Ltd adorns the hotel and casino complex in Melbourne, Australia, June 13, 2017. REUTERS/Jason Reed/File Picture
(Reuters)
– Wynn Resorts Ltd, the world’s No. 2 casino operator, said on Tuesday
it scrapped preliminary talks to acquire Crown Resorts Ltd for A$10
billion ($7.1 billion), after the Australian Financial Review broke news
of the negotiations.
Wynn’s
backtracking illustrates how media leaks of deal talks can test the
resolve of potential acquirers. Crown shares jumped as much as 22
percent on the news to A$14.37, close to the $A14.75 per share level
that Crown said Wynn’s latest cash-and-stock offer valued the company.
This
can make deal negotiations more difficult by emboldening acquisition
targets to drive a hard bargain, analysts said. In this case, Wynn’s
inexperience with pursuing big deals also likely played a factor, some
analysts added.
“(Wynn)
management’s experience with acquisitions is limited, so when you
target synergies it’ll be nice to have more of a track record for such a
large transaction,” said Roth Capital Partners analyst David Bain,
calling the termination of the deal talks a positive development for
Wynn.
After
the Australian Financial Review revealed Wynn’s takeover approach,
Crown not only confirmed the confidential talks on Tuesday, but also
disclosed the price that Wynn was offering. It added that Crown’s board
had not yet considered Wynn’s latest offer.
Wynn then issued two statements, first confirming the talks, and, a few hours later, stating that they had ended.
“Following
the premature disclosure of preliminary discussions, Wynn Resorts has
terminated all discussions with Crown Resorts concerning any
transaction,” the company said in a statement.
Wynn’s shares were down 3.2 percent at $140.21 in New York at mid-afternoon.
Examples
of companies confirming acquisition talks only to back out hours later
are few and far between, because they reflect a lack of conviction on
the part of the aspiring acquirers.
Last
year, drug maker Allergan Plc confirmed it was in the early stages of
making an offer for peer Shire Plc, after Reuters broke news of the
deliberations, only to issue a second statement a few hours later
stating it would not make an offer.
Insurer
Aon Plc said last month it would not pursue a merger with rival
insurance brokerage Willis Towers Watson Plc, a day after it confirmed
it was in early stages of considering an all-stock offer for the Irish
company following a Bloomberg News report revealing the deliberations.
HEDGE AGAINST MACAU
Wynn
was founded in 2002 by Steve Wynn, who started his casino business in
Las Vegas in the 1960s and created some of the city’s most iconic
landmarks – the Mirage, Bellagio and Treasure Island – before selling
them. Beset by sexual misconduct allegations, Wynn left the company and
sold his entire 11.8 percent stake in Wynn Resorts for $2.1 billion last
month.
Wynn
operates large resort-and-casino complexes in Las Vegas and Chinese
gambling hub Macau, with another under construction in Massachusetts.
The deal would have offered a hedge against Macau, where its licences
are up for renewal, by giving it two lavishly revamped Australian
casinos and a third being built on the prized Sydney harbour front.
Buying
Crown would also fit in with Wynn’s strategy to diversify
geographically to protect its growth prospects if its Macau licences are
not renewed.
The
company’s efforts so far have included ramping up promotion of a resort
in Japan, a market seen as the next potential goldmine to Macau and a
former expansion target for Crown.
“Wynn
has typically grown through building their own facilities, not through
acquisition,” said Bain, the Roth Capital Partners analyst.
For
Crown’s 47 percent owner James Packer, who re-badged his father’s media
empire as a gambling concern in 2007 only to withdraw from business
engagements last year due to mental illness, the deal would have ended
his career as a casino mogul with a A$4.7 billion payout.
He
would have ended up as Wynn’s biggest shareholder with 9.8 percent of
its shares, based on its current number of shares on issue.
“We
think Wynn’s strategy was mostly defensive, but if they have a strong
strategic rationale for wanting to acquire Crown, they would likely come
back to the table when things settle down,” said John DeCree, Union
Gaming Securities’ director of North America research.
(Reporting by Byron Kaye, Tom Westbrook and Paulina Duran in SYDNEY, Devika Syamnath and Nivedita Balu in BENGALURU, and Greg Roumeliotis in NEW YORK; Editing by Sriraj Kalluvila, Shounak Dasgupta and Richard Chang)
(Nattee Chalermtiragool/Shutterstock)
stock-Wynn-Macau-01-shutter
Macao, China – March 12, 2016: View of Macao city at night in Macao, China
HONG
KONG, Feb 18 (Reuters) – Police in the world’s biggest gambling hub of
Macau are investigating what they suspect is a rare murder in a
five-star casino resort after a Chinese man was found stabbed in his
bed, broadcaster TDM reported on Monday.
Murder
cases have been rare in the Chinese territory since Portugal ceded
control of what had been a colonial backwater on the heel of China’s
southern coast 20 years ago.
The
suspected murder took place in Sands China’s Conrad Macau hotel, TDM
reported, citing police. It comes as slower mainland growth, a weaker
yuan and a simmering trade war with the United States threaten to derail
Macau’s growth.
The
41-year-old victim, an active gambler from the mainland, had been
stabbed. The case was being investigated and no further details were
available, TDM said.
Macau
police and Sands China did not respond to requests for comment. The
company is controlled by U.S. billionaire Sheldon Adelson’s Las Vegas
Sands.
Macau
is the only place in China where casino gambling is legal. Casino
revenues shrank in January for the first time in more than two years.
Violent
crime in Macau has often been linked to its junket operators – the
middlemen who bring China’s wealthiest to the gambling tables. Slower
growth and tighter regulations have made it hard for many small junket
companies to stay in business.
Criminal
gangs known as triads, which are known to operate in Macau, are
typically involved in extortion, money laundering, murder and
prostitution.
(Reporting by Farah Master Editing by Robert Birsel)
