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ICYMI: Las Vegas Sands To Sell Two Vegas Properties

More Top-Read Stories: Independent Hotels Have 'Lost Their Edge'; Large Hotels in Top US Markets as a Barometer
The Las Vegas Sands Corp. announced the pending sale of The Venetian Resort Las Vegas and the Sands Expo and Convention Center for a combined $6.25 billion. (Las Vegas Sands Corporation)
The Las Vegas Sands Corp. announced the pending sale of The Venetian Resort Las Vegas and the Sands Expo and Convention Center for a combined $6.25 billion. (Las Vegas Sands Corporation)
By the HNN editorial staff
March 5, 2021 | 1:56 P.M.

For the week of March 1-5, Hotel News Now’s most-read stories include a deal announcement that rocked the U.S. casino segment, 1-on-1 with boutique hotelier Bashar Wali and an analysis of the 2020 performance of large hotels in the top U.S. markets.

Click on each headline below to read more.

The Las Vegas Sands Corporation will sell its two properties in Las Vegas to allow the company to focus on its resort casinos in Macau and Singapore.

Bashar Wali is founder of This Assembly, a company focused on innovation and value creation in the lifestyle hotel space, and CEO of service provider and hotel management company Practice Hospitality. (This Assembly)

Former Provence Hotels President Bashar Wali has formed two companies, This Assembly and Practice Hospitality, to help hoteliers execute their vision for hotels.

A deep dive into 2020 data shows the level of revenue and demand lost by hotels with more than 300 rooms located in the top U.S. markets.