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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...
...Ganzi promptly sold tens of billions of Colony’s real estate to fund new investments in data centres like Vantage Emea. The group was renamed DigitalBridge in 2021....
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
...From my accidentally princely vantage point on the balcony, I watch Tbilisi awake, while I overindulge in the best breakfast I’ve had since the last time I was here....
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...World Wide Technology, Thompson Hospitality and the Elocen Group are all examples of successful companies that began as small businesses that won federal contracts under this programme....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...It is still headquartered there, although the Hinduja Group has grown to be a global conglomerate employing some 200,000 people....
...The two firms had developed a thesis that travel would bounce back sharply after the global lockdowns with beaten-down travel and hospitality companies benefiting the most....
...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....
...One year later, it emerged from Chapter 11 at a $7bn enterprise value, higher than its pre-bankruptcy size amid a heated bidding war waged between two private equity groups....
...Hospitality group Accor’s relaunch of the Orient Express brand has revived interest in the train, known from literature and movies, and has opened up new possibilities for Montblanc....
...The combined companies are expected to benefit from tapping into Endeavor’s other businesses, which include sponsorship, ticketing and hospitality groups, as well as the WME talent agency....
...“The Malaysian ringgit moves in lockstep with the Chinese yuan,” said CIMB Group’s Intan Nadia Jalil....
...Airbus chief executive Guillaume Faury will relinquish his role as head of the planemaking business to Christian Scherer, current group chief commercial officer, said two people briefed on the situation....
...The group last month reported a record net loss of Rmb48.9bn ($6.7bn) during the first six months of this year....
...Merck’s Keytruda now tackles 18 tumour types and is set to be the world’s top-selling medicine next year, according to Evaluate Vantage....
...He has the perfect vantage point to oversee the company’s creative output from his second-floor office on the Warner Bros lot in Burbank....
...When Emanuel’s Endeavor Group first bought into UFC in 2016, the mixed martial arts series had an enterprise value, including debt, of $4.1bn....
...Check out, say, the group One Earth Fund, for one sign of this important trend....
...She cites staffing struggles in the wider hospitality industry and says that, since Brexit, the fair’s European exhibitors had more than halved from 38 in 2018 to 16 last year....
...Orange has formed a separate unit called Totem, while Vodafone has spun out its business into Vantage Towers....
...The Capella, on a nicely landscaped hill, enjoys one of the best vantages, in two late 19th-century Tanah Merah colonial barracks joined by a sinuous extension courtesy of Foster + Partners....
...“Historically, hospitality has been a personal service but I think they have started to realise that technology can facilitate a lot of that,” says Tristan Gadsby, chief executive of hospitality consultancy...
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