Wynn Resorts Unveils $2 Billion Expansion Plan in Macau

Wynn Resorts Ltd. via Bloomberg

Shown here is a rendering of the Crystal Pavilion complex, adjacent to the Wynn Palace on the Cotai peninsula. As part of the $2 billion expansion plan, the company will include a theater and museum in the world’s largest gambling market. Wynn Resorts Ltd. via Bloomberg

Skift Take: Wynn Resorts sees a prime opportunity in Asia, with both China and Japan becoming more receptive to gambling and foreign tourism lately. The question is will growth in those markets warrant pricey construction costs?

— Danni Santana

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Alitalia Rescue Plan May Boost Delta’s Stake

Skift

A rescue plan for Alitalia could include a larger stake by U.S. carrier Delta. Skift

Skift Take: The saga of Alitalia seems never-ending with a new bid deadline set for Monday. Delta has been growing its global partnerships so the beleaguered Italian airline might make strategic sense, but expect a few more twists and turns before this is over.

— Tom Lowry

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Delta’s Loyalty Offering Improves Direct Booking and 3 Other Aviation Trends This Week

Riik@mctr  / Flickr

A Delta plane is shown at Manchester Airport in England. Riik@mctr / Flickr

Skift Take: This week in aviation, Delta’s investment in its loyalty program leads to happy customers and better business. Plus, we make a tough choice as to what we believe it the most exciting region for airlines so far this year. Check out the story to read where it is and why.

— Isaac Carey

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Generator Hostels Backer Is Spending $400 Million to Buy Micro-Hotel Operator Freehand

Sydell Group

An image of a Freehand New York room, which will be acquired as part of a deal by Generator to boost its U.S. expansion. Sydell Group

Skift Take: Hostels and micro-hotels have been sexy again for the last few years. Sydell Group and Ron Burkle are cashing in as Generator works to move away from its hostel roots and into the wider world of boutique hospitality.

— Andrew Sheivachman

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