Consolidated Resorts, best known for the Tahiti Village time-shares on Las Vegas Boulevard, has filed for bankruptcy protection.
The company shut down its sales and marketing offices in Las Vegas, Orlando, Fla., and Hawaii on Tuesday. The company blamed the “dramatic changes in the economy and the shrinking time-share environment” for the decision.
“The scarcity of lenders in the time-share industry has made it impossible to continue the company,” a statement said.
Casino’s plan to open 24 hours a day draws ire
The Twin River Casino, located in Lincoln, Rhode Island, says it needs to stay open 24 hours to stay in business, much to the ire of nearby residents.
The traffic and auto noise are incessant, Mr. [Hal] Perry said, but what really irks him is that the property’s lights are “so bright you can read a book by it from inside my living room.”
Brazil calls off search for Air France victims
On Friday, Brazil Air Force and Navy has called off the search of Air France 447 victims.
Brazilian Air Force Lieutenant Colonel Henry Munhoz said the military was unlikely to find additional bodies and wreckage in the search area so many days after the crash.
“It’s already been nine days without seeing any bodies,” Munhoz said in a televised news conference.
The French Navy, however, will continue to look for the elusive black boxes.
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