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...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
...Ramón Estalella, secretary-general of CEHAT, a holiday accommodation trade group, said hotel occupation rates were at record highs in the south. “There’s one thing that’s curious....
...The Florida-based investment group contains the remnants of Colony Capital, once a large investor in offices and luxury hotels, which was founded by Tom Barrack, an ally to former US president Donald Trump...
...Safe harbour on the Mendocino Coast Mendocino, about three hours’ drive north of San Francisco, is a small coastal enclave set in outsized nature, a place where world-beating culinary experiences and zero...
...Only about one-third of available Airbnb rentals for the Paris area have so far been booked during the Olympics, according to data analytics group AirDNA, while 3,000 to 3,500 new listings are coming online...
...But perhaps the greatest risk factor for a jihadist incursion is the absence of the state in many northern regions of the coastal countries, where insurgent groups can flourish, and a chronic unemployment...
...He said private equity groups are starting to follow family offices into the market, which will result in more deals over the next six months....
...High on a hill just outside the coastal town of Gansbaai, it felt like the Marine Big Five and perhaps all South Africa’s coastal megafauna might be visible....
...Andrew Clarke, global president of Mars’s snacking division, said Hotel Chocolat “fills a gap in our portfolio”, adding that the group had already pursued a premiumisation strategy with its petcare business...
...The big hotel openings of 2024....
...The book was groundbreaking in its use of a female investigator, Teiko Uhara, who travels to a remote coastal city to track down her missing husband....
...They waved frantically to guests at a hotel across the street. “We finally started making . . . the S-O-S sign,” she recalled....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...The water is collected and stored in large cisterns beneath houses, hotels and offices before being pumped back up....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...The US short-term rental group is a top-level sponsor of the games....
...Those considering a punt on Cipriani’s new €500mn club venture will hope the high-end Italian hospitality group performs better than New York-listed rival Soho House....
...The deal marks the end of CPI Property Group’s ownership of the resort....
...The backdrop is Jnane Tamsna, a hotel in Marrakech’s Palmeraie oasis, with candlelit group dinners and trips to the 11th-century Medina....
...Calay cited the example of InterContinental Hotels Group which suspended its dividend during the Covid pandemic in March 2020....
...He was also especially fond of high-end hotels. (Needless to say, he never intended to pay.) In fact his real name was John Kolorah Blay, and he’d grown up poor in the coastal village of Alengenzure....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Mainly because the principality lacks the hotel beds and infrastructure to become a sun-sea-and-sangria pleasure zone in the manner of the Costas....
...After a protracted battle that lasted more than 400 days, only 69 per cent of shares were cast in favour of the deal in a vote at the city’s Shangri-La hotel....
...The rural retreat was a hit and became the first of more than 90 hotels that now make up the state-owned Paradores group, most of which have breathed life into historic buildings....
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