resorts

Barry Diller’s People Inc. offers to buy MGM Resorts, valuing it at $18 billion

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Barry Diller’s People Inc. is offering to buy the rest of MGM Resorts after acquiring a 26.1% stake in the Las Vegas casino and resort operator, valuing the business at more than $18 billion.  People Inc., formerly known as IAC and owner of publications including People magazine, began investing in MGM Resorts about six years … Read more

Saving the snow for next year: Ski resorts try ‘snow farming’ as temperatures rise

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Amid the West’s worst snow drought in modern history, several ski areas are attempting a novel approach: Storing up artificial snow and preserving it until next ski season. Known as “snow farming,” the practice involves making snow when conditions are ideal — in cold, dry weather— and piling it two to three stories high, then … Read more