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Britain falls to second most appealing European country to deploy capital, according to CBRE survey
..., Minnesota – Our travel team’s 43 holidays to take in 2024: https://on.ft.com/3RFoOwY – Another great recent travel piece: ‘My weekend as a monk: a Scottish spiritual retreat’: https://on.ft.com/3RFoOgs...
An unwinding of the Ticketmaster deal no longer looks far-fetched
...And Duluth, Minnesota. Lilah Raptopoulos Duluth, Minnesota. Josh Franklin Is a really fun town. Lilah Raptopoulos Amazing. Okay, Josh, this is incredible. Thank you....
Sales have recovered from the pandemic, but valuations are sluggish
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
...Berkshire had struck a deal about six years ago to acquire an interest in Pilot Travel Centers, founded by billionaire James “Big Jim” Haslam II, patriarch of a powerful Tennessee family....
New English rules aim to tackle shortage of affordable homes but short-term letting companies have little to fear
Plus, what Elon Musk’s $56bn pay reversal means for Tesla and a telecoms game of cat and mouse in Italy
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...But through 2022 and early 2023, travel and leisure stocks stagnated as the revenue gains from resurgent travel were already priced in....
Warner needs sci-fi epic to repeat success of ‘Barbie’ after several flops and big declines in its TV business
Plus, sportswear’s next frontier, why padel is the investor’s favourite pastime, and more
Also in today’s newsletter: Taylor Swift’s place in football, golf’s changing of the guard, and more
...We’ll start with travel, and then down the road we can move beyond travel,” Chesky said. The company is focused on building its offering in countries such as Germany, Brazil and Korea....
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
MPs to vote on law that would empower local authorities to set quotas on short-term rentals
...London Gallery Weekend’s partnership with the Art Fund, which includes supporting travel and accommodation for curators from the UK’s regional museums and galleries, added to the event’s appeal, she says...
...It’s better that these normal losses fall, to the degree possible, on “qualified investors” in Miami, rather than on retired schoolteachers in Duluth....
...Experience-based spending — particularly travel — is holding up....
...It caps off a bruising period for Hertz’s majority owners, Knighthead Capital, a specialist in distressed investments, and Certares, a travel-focused private equity group....
...The companies say the Hawaiian leisure air travel market is worth $8bn a year. Unfortunately for the partners, the regulators have taken a tough stance against consolidation in the airline industry....
...The two tend to travel together but the latest bout of yen weakness has corresponded with US-Japan rate differentials moving mostly sideways....
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
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