Two Billionaires Just Quietly Took Over Las Vegas

Two blockbuster deals in one week put Barry Diller and Tilman Fertitta on track to control a massive chunk of Las Vegas hospitality, Southwest Airlines confirms it's going international and eyeing lounges, and Hilton just launched a brand new hotel concept targeting a market most chains have ignored. On today's Skift Daily Briefing, Sarah Dandashy breaks down why the MGM and Caesars deals signal a new era of ownership concentration on the Strip, how Southwest's latest reinvention is starting to look a lot like the airlines it swore it would never become, and whether Hilton's college-town bet can survive the notoriously seasonal economics of campus hospitality. Articles Referenced: Honorable Mention: @AskAConcierge on IG Barry Diller Moves to Take Over MGM Resorts in $18 Billion Deal Caesars Agrees to $5.7 Billion Takeover by Tilman Fertitta Southwest Moves Toward Latest Reinvention: Long-Haul International and Lounges Hilton Launches Undergraduate Hotel Brand for College Towns. Here's What the Numbers Say. Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.