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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...
...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...
...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....
...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 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....
...Calay cited the example of InterContinental Hotels Group which suspended its dividend during the Covid pandemic in March 2020....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...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....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...Comparing like-for-like between different stock markets isn’t super fair, but that’s worth about the same is InterContinental Hotels Group, another company that can pin at least some of its success on facilitating...
...At one point he found a hotel room for €20 a night, “a miracle for Santorini”, he said....
...The atmosphere was warm and woozy, and the clientele an elegant mix of glamorous locals celebrating birthdays and dining à deux, and groups of well-dressed Americans and their children, dazed to be staying...
...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....
...“This is not a typical blackout,” said analysts at MoffettNathanson, a research group....
...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....
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
...In recent years, accusations of obeisance to Beijing have hit countless companies from HSBC and Nike to the hotel group Marriott and car company Daimler....
...Higher-income Americans’ spending on hotels and airfares has roared upwards in recent months, Morning Consult found, outpacing their spending on other things....
...“Firms should be free to charge more to add mushrooms to your pizza,” a group of White House economists declared solemnly in October....
...Group....
...from Coty (WSJ) Alleged Odey victims seek safeguarding of firm’s assets ahead of litigation (FT) UK ministers intervene in 8 deals involving China-linked investment (FT) There’s a hot new hedge fund hotel...
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