Announcements

Wynn Resorts Declines Participation in Foxwoods Casino Project in Philadelphia

Wynn Resorts, Limited /quotes/comstock/15*!wynn /quotes/nls/wynn announced today that Development Associates, LLC, and certain other of its wholly owned subsidiaries have terminated all agreements and negotiations with respect to a potential investment in the Foxwoods Casino project in Philadelphia, PA. 'We are fascinated by the legalization of full gaming in Pennsylvania and stimulated by the opportunity that it presents for Wynn Resorts, but this particular project did not, in the end, present an opportunity that was appropriate for our company,' commented Stephen A. Wynn, Chairman and CEO of Wynn Resorts, Limited. Wynn Resorts, Limited /quotes/comstock/15*!wynn /quotes/nls/wynn announced today that Development Associates,...

Hilton completes debt restructuring

Hilton Worldwide said Friday completed a debt restructuring on April 9th that lowers its total debt by nearly $4 billion. The deal included buying and retiring $1.8 billion of debt and converting $2.1 billion of a type of debt called junior mezzanine to preferred equity, a stake in the company that pays a dividend. Hilton Worldwide is owned by Blackstone, one of the world's largest buyout firms, with $93.5 billion assets under management. The New York-based firm's portfolio includes stakes in German telephone giant Deutsche Telekom, newspaper publisher Freedom Communications and casino operator Harrah's Entertainment.

Miramonte Resort & Spa Named No. 1 Resort Spa in North America by the Readers of Conde Nast Traveler Magazine

Conde Nast Traveler magazine ranks THE WELL Spa at Miramonte Resort & Spa in Palm Springs, the No 1 Resort Spa in North America. The Spa received an overall 96.1 rating out of 100 with 'staff' being noted as its strongest asset. The readers of Conde Nast Traveler ( http://www.concierge.com/cntraveler/articles/502470 )magazine have spoken and THE WELL Spa ( http://www.concierge.com/cntraveler/articles/502470 ) at Miramonte Resort & Spa ( http://www.miramonteresort.com/ ) was named the No. 1 Resort Spa in North America by the benevolent travel publication in its annual Spa Poll. To commemorate this special award, THE WELL is offering a complimentary facial...

90 Percent of Parents Want to Know More About Alternative Medicine, Survey Reveals

Ninety percent of parents would like to know more about alternative medical approaches for their children, according to a survey conducted by Children's Hospitals and Clinics of Minnesota (Children's), a nationwide leader in integrative medical approaches. The survey also found that 90 percent of parents have a strong desire to eliminate their children's pain and improve their quality of life, while 85 percent would like to minimize their dependence on drugs. Parents felt especially strongly about reducing drug treatment for mood or behavioral problems such as anxiety or attention deficit hyperactivity disorder (ADHD). Sixty-eight percent of parents believed that integrative...

Julie Garrow Awarded Distinguished Industry Leader

Julie Garrow, managing director of Intelligent Spas, was nominated by industry peers as “Distinguished Industry Leader” in The Crystal Awards® Asia Pacific 2009. This category acknowledges and rewards an individual who has made a positive contribution to the spa industry and is based on the following criteria. · Stands for excellence and quality in all that she does. · Represents the industry and leads with integrity and passion. · Inspires others to participate in raising industry standards. · Shares information and knowledge freely. · Values and appreciates other viewpoints and aims for industry cooperation. · Instigates positive change via their...

Yelp Faces Lawsuits for Unfair Business Practices

Yelp, one of the most popular Web sites that let people post opinions about restaurants, shops and local services, is being sued by several small businesses that claim they've been pressured to advertise on the site in exchange for getting negative reviews squashed. San Francisco-based Yelp has faced many complaints since it began letting consumers post reviews about local businesses ranging from all-you-can eat buffets to zip line operators six years ago. Often businesses have complained about how reviews on the site — positive or negative — can mysteriously disappear and reappear. The lawsuit began with Cats & Dogs owner...

Day Spa Association Celebrates 2010 Annual Awards in Las Vegas

Hannelore Leavy, Executive Director of the Day Spa Association and the International Medical Spa Association is proud to announce the recent educational component for Bentley International Group’s Day Spa Expo & Business Forum was a huge success for spa professionals. Held at the Las Vegas Hilton Convention Center, exhibitors and attendees were welcomed from across North America, the Caribbean, South America, Asia, the Middle East and Europe. Prominent guest speakers made appearances at their Business Forum to enlighten attendees on start up, management, marketing, business growth strategies, as well as the latest updates in day spas, medical spas, wellness and...

Sandow Media Creates Alliance with SpaFinder.com

Sandow Media, a leader in high-end online and print media properties, has announced a collaboration with SpaFinder.com, SpaFinder Magazine and the annual SpaFinder Global Directory. As part of the venture, Sandow Media will launch a new publication, NewBeauty SpaFinder Global Spa, Beauty and Wellness Annual —which will serve as the largest spa reference in the world, merging in-depth beauty content with a complete reference guide to luxury spas. NewBeauty SpaFinder Global Spa, Beauty and Wellness Annual will be available at more than 20,000 newsstands worldwide and found in 12,000 of the leading spas and hotels globally. Its overall distribution of...

Institute of Management Consultants Launches New Spa Consultant Chapter

A collection of 14 seasoned spa industry business consultants was officially inducted into IMC USA and received its charter as the International Spa Chapter at IMC's annual conference in Reno, NV. The group forged an alliance with the IMC when it realized the tremendous strength and value of this 43-year old professional association dedicated to excellence and ethics in management consulting. The founding members of the Spa Consultant Chapter each possess over 10 years of experience consulting within the spa industry, and many more years of working in the fields of beauty, hospitality, wellness and fitness. Founding Chapter President Deborah...

Ritz-Carlton Lake Las Vegas to close in May

The Las Vegas Sun reports that The Ritz-Carlton Lake Las Vegas in Henderson will close its doors May 2. The 3,600-acre Lake Las Vegas, a development 20 miles southeast of the Las Vegas Strip, includes more than 1,600 residential units, luxury hotels and a casino. Lake Las Vegas is now in bankruptcy, burdened with $728 million in liabilities. About 350 employees will be out of work as a result of the closure, but Deuschl said efforts are being made to relocate them to other Ritz-Carltons, Marriotts and other hotels in the Las Vegas Valley. The Ritz-Carlton Hotel Company is an...

Pages