Hospitality & Leisure

Vail Resorts Net Income Drops 47% After Historic Rockies Drought

Image
Vail Resorts Net Income Drops 47% After Historic Rockies Drought

Broomfield, Colo. – September 28, 2026 -- Vail Resorts, Inc. (NYSE: MTN) reported fiscal 2026 net income of $147.5 million, down from $280.0 million a year earlier, as the western U.S. ski industry endured what CEO Rob Katz called one of the most challenging winters in history.

Resort Reported EBITDA falls 11.7% to $745.7 million on weather losses

Full-year Resort Reported EBITDA declined $98.5 million to $745.7 million, including $11 million in one-time costs tied to the company's resource efficiency transformation plan. Resort Net Revenue fell $131.9 million, or 4.5%, driven by historically low snowfall and snowpack in the Rockies and Tahoe regions. Total lift revenue dropped 3.5% even as visitation fell 13.4%, cushioned by a 3.9% increase in pass revenue. In Australia, cumulative snowfall during the fourth quarter came in roughly 57% below the 10-year average, pressuring visitation despite growth in Australian pass sales.

Saigon Hustle Expands to Three Houston Units via WMG Marketing Deal

Image
Saigon Hustle Expands to Three Houston Units via WMG Marketing Deal

Austin, Texas – September 28, 2026 -- Saigon Hustle, a Vietnamese-inspired restaurant concept backed by private equity firm Savory Fund, has grown to three locations across the Houston market through a growth marketing partnership with Walden Media Group (WMG).

WMG scales Saigon Hustle from single unit to three-location Houston operation

WMG, a growth marketing agency, has led paid and organic digital acquisition, creative production, brand identity, social media, and go-to-market strategy for Saigon Hustle since engaging with the brand. The partnership has taken the concept from one restaurant to a multi-unit operation in Houston, with Savory Fund providing the operational, financial, and strategic infrastructure to support the expansion.

MGM Resorts to Report Q3 2026 Earnings on October 28

Image
MGM Resorts to Report Q3 2026 Earnings on October 28

Las Vegas – September 28, 2026 -- MGM Resorts International (NYSE: MGM) will release its third-quarter 2026 financial results after market close on Wednesday, October 28, 2026, followed by a conference call at 5:00 p.m. Eastern Time.

MGM Resorts sets October 28 date for Q3 earnings release and investor call

The call will include a brief discussion of results and a question-and-answer session with management. Supplemental slides will be posted on MGM's Investor Relations website ahead of the call.

Company provides dial-in details for domestic and international participants

Investors can access the call via webcast or by dialing 1-888-317-6003 domestically or 1-412-317-6061 internationally, using access code 9250061. A replay will be available through November 4, 2026, via 1-855-669-9658 or 1-412-317-0088 with access code 9853875.

Hard Rock Casino Tejon Names Mike Bean as Property President

Image
Hard Rock Casino Tejon Names Mike Bean as Property President

Mettler, Calif. – – September 28, 2026 -- The Tejon Indian Tribe and Hard Rock Casino Tejon have appointed Mike Bean as Property President, effective October 5, filling the top operational post at the California gaming venue along the I-5 corridor.

Bean arrives with three decades of tribal gaming leadership experience

Bean joins Hard Rock Casino Tejon after serving as Chief Executive Officer of Morongo Casino Resort & Spa. His resume also includes a stint as CEO of Desert Diamond Casinos & Entertainment in Arizona, alongside senior leadership roles at other major gaming and resort organizations.

Visualize Group Closes eCOGRA Deal, Merges With BMM Testlabs

New York and London – September 28, 2026 -- The Visualize Group has completed its acquisition of eCOGRA, combining the gaming compliance provider with BMM Testlabs to create a testing, inspection, certification, and compliance (TICC) platform holding licenses or accreditations in more than 800 jurisdictions worldwide.

The deal, first announced June 30, 2026, closed after receiving customary regulatory approvals. Financial terms were not disclosed.

Combined platform covers nearly every regulated gaming jurisdiction globally

The merger positions the combined entity to support gaming suppliers entering newly regulated markets immediately, according to Visualize. eCOGRA joins BMM Testlabs, which Visualize acquired earlier in 2026, as the private investment firm builds out its regulated-gaming services portfolio.

IGT Unveils New Brand Identity at G2E 2026 in Las Vegas

Image
IGT Unveils New Brand Identity at G2E 2026 in Las Vegas

Las Vegas – September 28, 2026 -- IGT will unveil a new brand identity at the 2026 Global Gaming Expo (G2E) in Las Vegas, running Sept. 28 through Oct. 1, marking a formal repositioning of the gaming technology provider following its combination with Everi Holdings.

IGT ties new identity to four operational pillars for casino operators

The rebrand centers on integrated solutions across the casino floor, in-demand game content, applied industry expertise, and a stated commitment to customer growth outcomes. IGT describes the identity as built on being 'fluid, frictionless and magnetic,' departing from its previous corporate visual style.

Los Angeles Orbit Unveils Brand, Signs Yaamava' as Founding Partner

Image
Los Angeles Orbit Unveils Brand, Signs Yaamava' as Founding Partner

Los Angeles – September 25, 2026 -- Los Angeles Orbit, the newest franchise in League One Volleyball (LOVB), unveiled its team name, logo and brand identity today at Intuit Dome ahead of its inaugural professional season.

Ohanian, Rae and James headline ownership group at Intuit Dome reveal

Team owners Alexis Ohanian, Issa Rae and Savannah James attended the unveiling alongside LOVB Commissioner Sandra Idehen and volleyball legend Misty May-Treanor. Players including Carli Lloyd, Kotoe Inoue, Annie Drews Schumacher, Madi Kingdon Rishel and Kathryn Boden joined the event, which also featured activist Malala Yousafzai.

Taiwan Tourism Wraps LA Workshop, Courts 70 SoCal Travel Agents

Los Angeles – September 25, 2026 -- The Taiwan Tourism Administration (TTA) closed its three-city U.S. workshop series on Sept. 18 in Los Angeles, linking nearly 70 Southern California travel professionals with Taiwanese travel agencies, hotels and airlines for direct business meetings.

US arrivals to Taiwan hit a record 710,000 in 2025

More than 710,000 U.S. visitors traveled to Taiwan in 2025, with nearly 60% citing tourism as their primary purpose -- a record for the destination. The market is backed by over 200 weekly round-trip flights connecting Taiwan to 13 major North American cities.

Taiwan Tourism Returns to Chicago, Targets Record U.S. Visitor Growth

Chicago – September 25, 2026 -- The Taiwan Tourism Administration (TTA) brought its U.S. workshop series back to Chicago on Sept. 16, 2026, ending a seven-year absence from the Midwest market and drawing 53 local travel industry representatives.

Taiwan logged a record 710,000 U.S. visitors in 2025

Nearly 60% of those arrivals were tourism-driven, the TTA reported, a record high for the destination. The agency credited strong air connectivity, with more than 200 weekly round-trip flights linking Taiwan to 13 major North American cities.

Repeat visitors matched pre-pandemic peak at 42.25% of arrivals

Through its "Tourism Dual-Wheel Drive Program," the TTA is courting repeat visitors, MICE travelers extending stays for leisure, and incentive travel groups. The 42.25% repeat-visitor share in 2025 equaled the pre-pandemic high recorded in 2019.

LUG Sports Group Ranks No. 146 on Canada's Top Growing Companies List

Image
LUG Sports Group Ranks No. 146 on Canada's Top Growing Companies List

Toronto – September 25, 2026 -- LUG Sports Group Inc. has placed No. 146 out of 375 companies on Report on Business magazine's 2026 list of Canada's Top Growing Companies, marking its second consecutive year on the ranking.

LUG posts 174% three-year revenue growth to secure repeat ranking

The list ranks Canadian businesses on three-year revenue growth, and LUG qualified with a 174% increase over that period and a 239% growth rate over five years. The company also placed No. 5 on the Arts, Entertainment, and Recreation category list.