Hints and tips:
Related Special Reports
...Chief executive Brian Chesky told the Financial Times that from next year the online rental company would “go a little bit beyond its core business”, including an expansion of its experiences and services...
...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...
...The US streaming service held talks with global advertising executives about new plans at this year’s Cannes Lions festival in the south of France after launching the ad-supported service last year....
...The big hotel openings of 2024....
...“There’s a lot of interest for this product,” said Ian Cooper, head of UK rates sales at Citibank....
...Airfares and hotel prices, two volatile categories which can throw off the data, were both well behaved....
...They waved frantically to guests at a hotel across the street. “We finally started making . . . the S-O-S sign,” she recalled....
...But Charley Cooper, managing director at blockchain firm R3 and a former top staffer at the US Commodity Futures Trading Commission, argues that the fact that they went ahead represents a vote of confidence...
...“I was shocked, to be honest, because, well . . . we can’t watch ESPN in our hotel”, Gauff said....
...Another model couples a high-end hotel with a members’ club added on top. Well-managed rooms and meals should generate strong returns, raising the value of underlying properties....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...“Butchers and bakeries are being replaced by Airbnb concierge services,” he said....
...The Nasdaq decision “is a major setback for two reasons,” said Charley Cooper, former chief of staff at the Commodity Futures Trading Commission....
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers....
...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....
...Dating service business models are interesting because, somewhat like cigarette sellers, they hinge upon destroying their own customers....
...The directors and their shiny new works took the starring role, and after a shaky first couple days, they duly delivered with standouts such as Yorgos Lanthimos’s Poor Things and Bradley Cooper’s Maestro...
...At one point he found a hotel room for €20 a night, “a miracle for Santorini”, he said....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...Rami recalls finally losing it in a hotel lobby in Riyadh one day as he tried to hail an Uber to get to an urgent meeting. Driver after driver accepted his ride request and then cancelled it....
...Spare rooms are not regulated like hotels, nor do they come with hotel-style management costs. Airbnb was flush with venture capital and willing to sacrifice profits for growth....
...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...
...A reallocation of spending from goods to services has been visible across most income brackets as the US emerged from pandemic restrictions....
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
...Letter in response to this article: Overseas M&A forms backbone of Japan Inc / From Kiminori Yamaguchi, Tokyo, Japan...
International Edition