Hints and tips:
...April 21; further information here Lord’s cricket season Synonymous with British summertime, cricketers will once again don their whites in April, kicking off the international season at the stadium with...
...Its pipeline of 28 hotels is formidable even by industry leaders’ standards (Four Seasons, a behemoth with $4.3bn in revenue in 2022, has around 50)....
...It’s not all rosy though. The FT’s Lex column is sceptical of revenue synergies....
...One grey day in April I travel to Llanwrtyd Wells to meet the Green Events team as they prepare for a new season....
...Elsewhere, Ibiza’s economy is desperate for a summer season untroubled by travel restrictions....
...Tourism leapt from representing 3.4 per cent of Iceland’s GDP in 2010 to 8 per cent in 2019, before falling back to 3.5 per cent in 2020....
...UK ministers and media branded Monday “V-Day” as the first doses of the Pfizer/BioNTech vaccine were administered....
...“But if there is a huge second lockdown, a macroeconomic meltdown and actual failures and bankruptcies, [all the banks] will be hit.”...
...The consultancy predicts revenues across Europe’s Big Five leagues will drop by €1.5bn this season, but make a V-shaped recovery next season....
...They include US private equity group Silver Lake which in November paid $500m for a 10 per cent share in CFG, valuing the group at $4.8bn, a record for a sports group....
...However, we argue that consensus doesn’t fully reflect the Q2 market recovery (as not all sellside analysts have updated their models for the Q2/H1 earnings season) and doesn’t reflect the flow strength...
...And as supporters of Manchester City have been reminded this season, with their team languishing in third place in the Premier League, money does not guarantee success....
...Last year, Taillevent’s owners hired chef David Bizet from the Four Seasons’ George V to reinvent and modernise the menu....
...November (ending the Alaska summer season)....
...HSBC’s note is probably the more interesting as it’s all about how much plumbers work: Revise cyclicality assumptions....
...Valuation – 21E PE 8x, FCF Yield 7%, Div Yield 4.9% What else? Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...The US is by no means heading for a recession yet, but the direction of travel is worrying....
...All of this puts serious doubts on Vision Fund II....
...– FT Alphaville Don’t panic about auto loans just yet — tax season isn’t over, after all — FT Alphaville...
...High street revenues fell 4 per cent in six months but profits were flat at £53m. Travel will soon dwarf the group’s high-street division. That might be a good thing....
...He bought House of Cards and made the entire first season available at once, as he did with other Netflix productions such as Narcos, Orange is the New Black and Stranger Things....
...It also hosted the unforgotten England v Argentina match of the 1998 World Cup....
...As it was out of season, sunbeds lay free by the pool and there was plenty of space in the treatment rooms....
...Double rooms start at HK$4,088 (£328); www.ritzcarlton.com Rahul Jacob is the FT’s south China correspondent...
...Manchester United, which incurred losses of £79.6m last season, declined to comment....
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