Hotel News Media: 2021

Saturday, December 11, 2021

Hotel News Media: Property News Media is part of the Media Man Group and includes Media Man Int and Media Man Australia

Property News Media is part of the Media Man Group and includes Media Man Int and Media Man Australia

Hotel News Media Blog: Fertitta Ends $8.6 Billion Deal to Take Casino Empire Public

Fertitta Ends $8.6 Billion Deal to Take Casino Empire Public

Billionaire Tilman Fertitta reached a settlement to pull out of an $8.6 billion deal with a blank-check company that would have taken his restaurant and casino empire public.

Fertitta Entertainment Inc., the parent company of the Golden Nugget casinos and the Landry’s restaurant group, agreed to pay as much as $33 million to end a planned merger with Fast Acquisition Corp., a special purpose acquisition company formed last year.

“At the end of the day we ultimately determined that the right decision for my company was to remain private at this time,” Fertitta said in a statement on Friday. “I look forward to continuing to grow our business.”

The settlement brings to a quick resolution a dispute between Fertitta and Fast Acquisition that flared up earlier this month. Fertitta’s general counsel sent a letter Dec. 1 notifying the SPAC of its intention to call off the merger due to delays, drawing a threat of legal action in response.

Fast Acquisition shares advanced 1.2% to $10.18 as of 10:35 a.m. Friday in New York after gaining as much as 2.9%. Bonds issued by Golden Nugget were unchanged, according to Trace data.

Fertitta, who also owns the Houston Rockets basketball team, announced in February that he planned to take his casino and restaurant operations public through the SPAC. In June, he expanded the deal to add additional businesses.

Fast Acquisition, whose backers include Ruby Tuesday founder Sandy Beall, said it will continue to look for a combination with a new operating company and that the settlement will ensure the blank-check firm will remain sufficiently capitalized as it seeks a new target.

Tuesday, October 05, 2021

Hotel News Media: Island Directory

Island Directory

Thursday, September 02, 2021

Festive 2021-2022 at Amilla Maldives Resort and Residences

Warm greetings from Amilla Maldives Resort and Residences!

Amilla is renowned for its spectacular events and its newly-released Festive Season schedule suggests it will live up to its reputation this year too. From the build-up to Christmas Day and New Year’s Eve, right through to Orthodox Christmas, the Baa Atoll private island resort will be sizzling with live entertainment.

Amilla will be welcoming back the Area 51 Performers, a troupe of highly-skilled entertainers, who will surprise and delight guests of all ages with performances and workshops from December 22nd right through to January 7th.

It all kicks off with ‘What the Dickens! An Island Christmas Carol Cabaret’ on Christmas Eve. Amilla’s youngest guests will participate in a show based upon the theme of ‘the Past, Present and Future of Sustainable Fashion’. This will be followed by a delicious Christmas Eve Gala Dinner with traditional fare. The Maldivian group, Limestone Band, will set the soundtrack to the festivities with their signature upbeat rock and dance music.

Christmas day will see a long lazy Christmas brunch followed by Santa arriving Island style to distribute gifts.

The entertainment will continue as Amilla gears up for New Year’s Eve. A talent show on December 30th will give kids the chance to show off their skills, with help from the Area 51 Performers.

This period would not be the same for Amilla’s Russian guests without a visit from Ded Moroz (‘Grandfather Frost’) who will arrive on New Year’s Eve with his granddaughter, the Snow Maiden, to distribute gifts to the children. It will be a wonderful opportunity for children of all nationalities to learn about another culture.

The New Year's Eve celebrations will be an island-wide extravaganza. Amilla is thrilled to announce it will be welcoming back DJ Scotts Mills, from BBC Radio One. He will be supported by Limestone Band on the main stage. The ‘Out of the Blue’ themed party will whisk guests away to a Venetian underwater world with mythical creatures, opera, violins and much more.

Then Orthodox Christmas Eve will see a fresh twist on a traditional tale, ‘The Song of Babushka’. Amilla’s Kids’ Club team will lead children through an active retelling of the fable, leading up to a Gala Dinner fit for a Tsar, with performances representing gold, frankincense and myrrh.

Another headline act, Dima Bilan, of Eurovision fame, will be joining the party on Orthodox Christmas Eve (January 6th). After a performance from Limestone band, he will rock the main stage with his hit songs right into the night, accompanied by Amilla’s in-house performers. Dima will perform a follow-up show on January 13th as well.

With so much action, Amilla will be the centre of festive fun this year and into 2022 and the resort’s Villas and Residences are filling up fast for this period.

Websites

Amilla Maldives Resort and Residences

Amilla Maldives Resort and Residences Facebook