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Showing results for Fairmont Hotes & Resorts (U.S.) Inc.
...Back in 2016, within the taupe-coloured finishings of the main Davos conference centre used by the World Economic Forum to shut down the Swiss ski resort every year, this reporter and the FT’s Gillian Tett...
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...The venue is operated by Fairmont, the hotel chain in which Kingdom Holding also has a stake. But the group was also weighed down by high debt charges, including on loans made by related companies....
...Accor, the French hotel group, is set to announce a deal for FRHI Hotels & Resorts, owners of the Fairmont, Raffles and Swissotel hotel chains....
...resorts to high-end leisure travelers, our sophisticated marketing efforts and the strong U.S. economy....
...In December, Accor bought FRHI Hotels & Resorts, the owner of the Fairmont, Raffles and Swissotel hotel chains, in a deal worth $2.9bn in cash and shares....
...Still to come: a $3bn deal for FRHI Hotels & Resorts, the owners of Fairmont, Raffles and Swissotel, a £1.5bn deal for the UK budget chain Travelodge, a €1bn deal for the French group B&B Hotels and a £595m...
...● Related Lex note: Coffee is for closers Accor buys luxury hotel group FRHI for $2.9bn Accor, Europe’s largest hotel group, bought FRHI Hotels & Resorts, owners of the Fairmont, Raffles and Swissotel...
...A takeover would join up brands including Fairmont, Raffles and Swissôtel with Accor’s portfolio and would come months after FRHI’s owners in Qatar and Saudi Arabia launched a sale process....
...Buffett’s Berkshire Hathaway Inc. BRKB -0.92% also trimmed its holdings in General Motors Co. in the first quarter, securities filings show....
...It is also in talks to buy Fairmont Raffles Hotels International....
...(Financial Times) Chrysler files for IPO as a last resort following a dispute between majority owner Fiat and the healthcare trust that owns the rest of the US carmaker....
...Unless resolved, this will likely lead to the delisting of U.S. listed Chinese companies....
...in country ratings seeking S&P change Credit rating companies are distorting capital markets by assigning the same debt ranking to countries from Italy to Thailand and Kazakhstan, according to BlackRock Inc...
...Jerzy Buzek, a former Polish prime minister and later president of the European Parliament, warned a convention of the Association of Business Service Leaders in Poland being held in the Baltic resort of...
...* Chinese banks step up lending in the US * Iron ore tests the Chinese floor theory * Most Emerging-Market Stocks Decline Ahead of U.S....
...Of course if the move really is a Trojan horse, it’s a sad state of affairs that the NYSE Euronext has to resort to such measures to get its point through to regulators....
...Fairmont Hotels & Resorts will open Fairmont Jaipur this year, its debut in India....
...Industries — in addition to being involved in improper payments to win business in Africa, India and the Middle East — has sold millions of dollars of petrochemical equipment to Iran, a country the U.S...
...China currency bill * Markets, down AgBank shrugs off early rights issue fears The world’s biggest bank – by customers, branches and staff numbers – has shrugged off market concerns that it will have to resort...
...Tudou to expand in online video Sina, owner of China’s third- most popular website, paid $66.4m for a 9.05 per cent stake in Tudou Holdings, a video company that held an initial public offering in the U.S...
...The U.S....
...Clearly, price caps are viewed as a last resort, as is banning particular products....
...It began with this sobering stat: For the hotel industry in the continental U.S., this downturn is the worst since the Great Depression....
...The Fairmont chain now runs the grand former Canadian Pacific railway hotels, such as the Royal York in Toronto, the Chateau Frontenac in Quebec City and the Chateau Laurier in Ottawa....
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