Cashless Technology at the New Resorts World Las Vegas

Cashless Technology at the New Resorts World Las Vegas

July 9, 2021

Resorts World Las Vegas, a multi-billion dollar project over five years in the making, opened on June 24, 2021, on the north Strip.

Many, including RWLS’s president, Scott Sibella, hope the project will breath new life into the city’s tourism industry, still reeling from the effects of the pandemic, in addition to energizing an area of the Strip that has not been the target of major development in a long time.

The property was designed from the start for cashless technology, including cashless wagering and QR codes that allow guests to bypass the Reception desk for check-in.


Video Spotlight: 


This post is based on the USA Today article, Resorts World Las Vegas: Even the chips have chips at the Strip’s newest casino, by Ken Ritter, June 26, 2021; the Edge Markets article, All eyes on Genting Las Vegas to repeat Resorts World Singapore’s success, by Ester Lee, May Continue reading

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Pandora Closes the Box on Mined Diamonds

Pandora Closes the Box on Mined Diamonds

July 7, 2021

The popular jewelry company, Pandora, will no longer source real diamonds and will exclusively use lab grown diamonds instead.

A combination of low cost and sustainability strategies are driving this change to make beautiful jewelry that is more affordable, accessible, and sustainable.  Pandora’s decision follows a larger market trend that has seen the production of lab-grown diamonds increase to approximately six or seven million carats in 2020, while mined diamonds saw demand drop.


Video Spotlight: 


This post is based on the CNN article, Pandora says laboratory-made diamonds are forever, by Jonathan Josephs, May 4, 2021; CBS News article, Pandora, world’s largest jewelry marker, will no longer use mined diamonds, by Sophie Lewis, May 7, 2021; and the YouTube video in the Spotlight. Image source: Tetra Images/Alamy

Discussion Questions:

1. How does the move to lab-grown diamonds fit with Pandora’s operations strategies?

Guidance: CEO Alexander Lacik says that low cost is a prime driver of the move to using more lab-grown diamonds.  While Pandora’s jewelry is recognized for good quality and attractive design, its design and price point are Continue reading

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Changing Mandates Affect Aggregate Planning For Cruise Lines

Changing Mandates Affect Aggregate Planning For Cruise Lines

July 5, 2021

Cruise companies have awaited and processed ever-changing reopening mandates from the CDC for months. Some, like Norwegian and Carnival, plan to move cruises away from U.S. departure ports to other countries whose requirements are already in place and are less restrictive.

The first cruise ship to depart from the US in fifteen months, Celebrity Edge, left port in late June, and returned after a five day cruise. More cruise ships are set to depart over the summer. Royal Caribbean has announced that all of its summer cruises are fully booked.


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This post is based on the US News & World Report article, When Will Cruises Resume?, by Nicola Wood, July 1, 2021; the Condé Nast Traveler article, Cruising is Returning This Year, Here’s What to Know, Continue reading

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