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...The survey underscores the broadly buoyant mood in the hospitality sector that has driven a return to dealmaking after the pandemic....
...TGI Fridays said the deal would create a “global hospitality brand” offering “operational and financial flexibility, increased scale and capital to deliver continued revenue”....
US bank does have a bright spot in its services unit
...Yet there are bright spots domestically. One is the proliferation of gyms across UK cities. Wimbledonites now refer to their leafy borough as “Gymbledon”....
...For Italian, I like Barabba, which is open late and is therefore very popular with hospitality workers, and Boutique Emilia for the outstanding pasta and the charming hospitality by Stefano and Noemi, who...
...Top lot at Sotheby’s was Yoshitomo Nara’s “I Want to See the Bright Lights Tonight” (2017), reportedly sold by the Hong Kong property tycoon Joseph Lau, for HK$96mn with fees (est HK$80mn-HK$120mn)....
...Scott’s Ripley is no longer a boyish, bright-eyed opportunist prone to fits of violent passion but more of a calculated, cynical operator....
...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...
...The “secondaries” market — of private equity investors buying and selling existing stakes in funds and private equity groups moving assets from older to new funds — was another bright spot....
...“Bowling is certainly a bright spot within the leisure space”, she added....
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...The entertainment sector was another bright spot, with spending up 12.3 per cent after a 1.7 per cent decline in November....
...Chief executive Brian Duffy said consumers had focused their festive spending on other areas such as fashion, beauty, hospitality and travel, adding he was “disappointed with this trend”....
...The rooms are contemporary in the extreme: monochromatic, angular, with bright-white walls, platform beds, floating staircases and huge windows that frame postcards of the horizon....
...In Japan’s cities, no matter the hour, one is never far from a bright haven of food and comfort....
...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....
...The Brothers Sun, a bright, blazing action-comedy series on Netflix, follows a family of formidable Taiwanese gangsters — and one very sheltered, sweet-natured son....
...So I would love to be all bright sunshine and roses about my business. The reality is that this has been my very worst year in business in seven years....
...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 bright little building, with all its faith in Modernism, takes its place beside buildings and art installations of incredible presence....
...Hospitality companies generally have been hit by previously pent-up “revenge” travel beginning to abate. Hertz has, however, also been hit by a specific strategic choice....
...But unsurprisingly, Europe was the bright spot. European funds attracted $3.3bn of net new cash into sustainability funds in the fourth quarter....
...The private sector is adding jobs largely in two areas: leisure/hospitality and private education/healthcare. These two have made up 75 per cent of private payroll gains over the past year....
...Bright orange poppies, California’s protected state flower, dotted the verges....
...Freight rates have fallen as spending has shifted from ecommerce to hospitality. However, the CEO switch may also illustrate the difficulty some bosses have with letting go....
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