Another blow for Atlantic City: Revel resort to close
The Revel Resort in Atlantic City will close by September 10 because it could not find a qualified bidder by August 14.
Since opening on the Atlantic City boardwalk in April 2012, the upscale resort has been beset by heavy debt, low occupancy and low gambling revenue.
Revel, which cost about $2.4 billion to build, was owned by Morgan Stanley before the investment bank sold it to developer Revel Entertainment Group in 2011, and reportedly lost almost all of its $1.2 billion investment in the process.
Fleet Week announces star-spangled schedule of events to honor San Diego’s military
If you’re in the military, you may want to head over to San Diego for Fleet Week, as they will be having events exclusively for those in the military.
This year, the San Diego Fleet Week Foundation is pleased to announce a NEW event, the Fleet Week Big Bay Bash, to be held October 18 at the Broadway Pier featuring live music, food, a beer garden, admission to the USS Midway Museum, military static displays, and a family fun zone featuring a rock climbing wall, rides and photo booth – all FREE of charge for active military and their families.
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American Express Centurion Lounge opens at LaGuardia
If you are an American Express Centurion or Platinum cardholder, you’ll be able to access American Express’ new Centurion lounge at New York’s LaGuardia airport at no charge.
The lounge features locally inspired cuisine by New York chef Cedric Vongerichten, a selection of the city’s specialty cocktails and wine, and workspaces with high-speed Wi-Fi Internet access and power outlets, including a number of private, noise-buffering work stations. American Express Member Services professionals are also at hand to provide card- and travel-related services.
(Photo: lincolnman65/Flickr Creative Commons)