Hints and tips:
...But Accolade has been hit by the Covid-19 pandemic’s damaging impact on the hospitality sector, the introduction of punitive Chinese tariffs on Australian wine in 2020 and a switch by many consumers to more...
...“We’re trading on experience . . . exclusivity, uniqueness, and hospitality,” Edgar added....
...Alejandro Hernández-Puértolas, chief executive of HIP, said the deal was a “further vote of confidence in . . . the resort hospitality sector in Europe”, with revenue booked for the rest of the year up more...
...Hospitality plays a major role at Aynho, as it does at many of RH’s galleries....
...In the ground-floor all-day restaurant, Aperture, where a seven-metre green wall is planted with nearly 70 species of local flora, sunlight pours down through the sleek new glass atrium, framing a square...
...Upstairs, Sunny Hills serves free pineapple cake and tea as an example of omotenashi, the Japanese term for hospitality....
...In warm weather, the hotel opens its skylight to ventilate each floor as well as the reception and atrium....
...Last year Ennismore evolved further, merging with Accor, Europe’s largest hotel group, to create a hospitality management company two-thirds owned by Accor and a third by Pasricha that operates 14 brands...
...KKR has acquired a £300m holding in the UK’s largest gym operator PureGym, as private equity continues to sweep up stakes in British hospitality and leisure businesses during the pandemic....
...with wall friezes made from old mattress foam; and Dakbar, a rooftop bar with views across the city, housed in the factory’s former lift-engine cavity and with a ceiling installation made from Philips LPs...
...Not long after Schneider took charge in 2017, Nestlé bought Canadian supplements maker Atrium Innovations in a $2.3bn deal....
...Instead, the group has charted an aggressive growth strategy with the help of deep-pocketed shareholders like the US billionaire Ron Burkle and hospitality tycoon Richard Caring....
...It’s a marvel: the art nouveau façades, cast-iron signs and glass-filled atrium that first characterised the department store have been painstakingly restored....
...While landlords in other property sectors — most notably retail and hospitality — have been pummeled by the pandemic and faced significant rent falls, owners of warehouses have recouped almost all they were...
...And most curiously, it seems like an odd moment for a hospitality company to be selling itself just as the pandemic eases. Unsurprisingly, within weeks, an investor revolt erupted....
...They make up a airy atrium that is unmistakably a Victorian prison, yet just as arresting for its crisp lighting and polished finishes....
...accuses Amazon of cutting its service due to ‘political animus’ (FT) Lucid Motors is in talks to list via Michael Klein Spac (Bloomberg) Sixth Street nears deal to take control of sports group Legends Hospitality...
...In the midst of a global pandemic, anyone who owns a business in the aviation, hospitality or cruise ship industry is fighting for survival....
...The building’s central atrium has a series of doors leading to its 98 offices and workshops, but many are locked and the blinds on windows pulled down....
...Amid the ugly rout among energy, hospitality and retail companies there were some bright spots for the Blackstone portfolio....
...They used the refinancing to claw back about half of the equity that the firm had originally spent on the hospitality group....
...from Daniel Humm alumnus James Kent and Jeff Katz of Crown Shy in Manhattan; and two new ventures (a café and restaurant-bar) in West Hollywood from the group behind the hugely successful LA hotspot EP & LP...
...Blackstone called the deal “a very small investment”, which already had problems before Covid-19 shut much of the hospitality sector down....
...By early March, investors were waking up to the implication that stopping the spread of Covid 19 meant entire industries, including airlines, travel and hospitality, would essentially shut down for an unknown...
...Examples of smaller deals that have been funded by some of the near $2.5tn of unspent cash include Advent’s takeover of hotel operator Aimbridge Hospitality, which it later merged with Interstate Hotels...
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