Hints and tips:
...Companies, including resorts and hotels in hot, tropical locations could eventually be customers of the tech — though concerns remain about environmental impact, with the insects being pollinators that affect...
...Crans-Montana will join an extensive portfolio that includes Vail Mountain in Colorado, Whistler in British Columbia and three resorts in Australia, together with the RockResorts hotel brand....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...Its properties include the City of Dreams resort and casino in Macau, which includes the Morpheus Hotel designed by Zaha Hadid Architects. It raised $1.1bn when it listed on Nasdaq in 2006....
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...The average age in the country was 37.2, and Japan was in a boom of karaoke parlours, bowling alleys, racecourses and resort hotels. The best golf courses were charging $2.6mn for membership....
...Similarly, it is clearly irritating for consumers to book a US hotel at one price and find its mandatory “resort fee” tacked on to the checkout bill, but it is a worthwhile gambit for the hotels themselves...
...After the acclaim and awards showered on The White Lotus, Mike White’s bijou hotel-based black comedy-drama, the show returns for a second series, now shifted from Hawaii to a Sicilian coastal resort....
...Cascade also owns most of the Four Seasons Hotels and Resorts, for example. Still, it’s an interesting portfolio....
...Wyndham Hotels & Resorts, the company behind La Quinta and Howard Johnson, reported a one-third increase in net income, despite lower revenue....
...A version of this article was first published by Nikkei Asia on August 5 2022. ©2022 Nikkei Inc....
...The Ukrainian Hotel and Resort Association has hit out at international hotel companies for not taking the “ethical stance” of Best Western, which removed its six Russian hotels from its website this month...
...Not the hotel down the road from your parents’ house. If there’s volatility around resort pricing, it’ll show up in hotels....
...Matt Maddox, head of Wynn Resorts casinos, also announced that he planned to depart in January....
...Capuano said the challenge was “particularly acute” in states such as Florida, one of the markets that has bounced back fastest from the pandemic thanks to soaring demand for resort holidays....
...Within months of his release, Prince Alwaleed sold another hospitality asset, Mövenpick Hotels & Resorts, for cash proceeds of €482m. He will remain a minority investor in Four Seasons....
...A version of this article was first published by Nikkei Asia on March 14 2022. ©2022 Nikkei Inc. All rights reserved....
...The looming decision is likely to expose a rift within Meti between protectionists wary of selling out Japan Inc, and a strong contingent that wants the country to be more open to foreign investors....
...This month, the Adriatic coast’s high-rolling new resort, Portonovi, opens....
...A version of this article was first published on May 25 by Nikkei Asia. ©2021 Nikkei Inc. All rights reserved. Related stories Asia’s rise of sustainable tourism: Is it for real?...
...Choice Hotels and Wyndham Hotels & Resorts, both of which run budget and longer-stay hotels, are trading on ratios that are twice as high....
...He held several positions at Marriott before taking the top job, where he oversaw the group’s $13.6bn acquisition of Starwood Hotels & Resorts in 2016, making Marriott the largest hotel group in the world...
...Mr Laster said Anbang failed to seek consent from Mirae before taking drastic actions in response to the pandemic, such as furloughing staff and closing properties included in its Strategic Hotels & Resorts...
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