Hospitality

Hotel Lotte, centerpiece of South Korea’s fifth-largest conglomerate, said it plans an IPO next month to raise up to $4.8 billion, which would be the largest stock sale in the country’s history.

State gaming officials said the casino giant violated state law, basing their decision on previously announced federal allegations.

SBE Entertainment Group has agreed to acquire Morgans Hotel Group Co., ending a long saga in which the two companies have held on-and-off-again merger talks.

Madison Square Garden Co. reported an increase in revenue but lost more money as the company benefited from higher broadcast fees.

Wynn Resorts Ltd. swung to a first-quarter profit even as it missed revenue projections, dragged down by its Macau operations.

Caesars Entertainment Corp. swung to a first-quarter loss on lower casino revenue and a hefty charge related to how much it will pay to support its largest unit, which is trying to reorganize under bankruptcy protection.

MGM Resorts International said its first-quarter earnings fell 61% amid continued weakness in its China business and a tax provision.

Hyatt Hotels Corp. said Tuesday that profit grew 55% in the latest quarter, as revenue climbed amid higher room rates.

Starwood Hotels Resorts Worldwide Inc. reported better-than-expected profit in the latest quarter as the company works to close its much-watched merger with Marriott International Inc. that almost fell apart amid a bidding war with a Chinese insurance firm.

Big-name artists populate a gigantic museum.

Groupe Casino has agreed to sell Big C Vietnam to Thailand’s Central Group in a deal valued at $1.14 billion, marking a further step in the French grocer’s plans to cut its debt.

In late May, the waterfront district will welcome its first new hotel designed by Anda Andrei.

Carlson Rezidor Hotel Group, the home to brands including Radisson and Country Inns & Suites, will be sold to a unit of Chinese conglomerate HNA Group.

Marriott International Inc., which is in the process of acquiring Starwood Hotels & Resorts Worldwide Inc., beat first-quarter expectations thanks to lower costs and an uptick in business across Asia.

Boyd Gaming is buying Cannery Casino Resorts’ Las Vegas operations for $230 million, strengthening its position in fast-growing North Las Vegas.

Boyd Gaming will get its first North Las Vegas casino and enhance its “locals” business with the purchase of Aliante Casino Hotel and Spa.

The 16-room co-op apartment, on and off the market since its 2013 listing at $125 million, has been given a fresh contemporary look.

A number of hotels, from Paris to Chicago, have in-house movie theaters that offer cinéastes a posh experience. And you don’t even have to spend the night to take advantage of them.

Las Vegas Sands Corp. reported first-quarter results below Wall Street expectations, as the Macau market remained challenging.