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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...
...When customers using smartphones running Google’s Android software join an iMessage chat group all the messages change colour, indicating it has defaulted to standard SMS....
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...Wolseley Hospitality Group operates nine sites across the UK....
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...The two firms had developed a thesis that travel would bounce back sharply after the global lockdowns with beaten-down travel and hospitality companies benefiting the most....
...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....
...He has tried to group the works thematically, as expressions of ideas, and some smaller projects have been pulled out alongside the megastructures....
...One year later, it emerged from Chapter 11 at a $7bn enterprise value, higher than its pre-bankruptcy size amid a heated bidding war waged between two private equity groups....
...Hospitality group Accor’s relaunch of the Orient Express brand has revived interest in the train, known from literature and movies, and has opened up new possibilities for Montblanc....
...The combined companies are expected to benefit from tapping into Endeavor’s other businesses, which include sponsorship, ticketing and hospitality groups, as well as the WME talent agency....
...At the parent, core is “an irreplaceable portfolio of trophy mixed-use precincts in global gateway cities”, while the rest is labelled “transitional and development”, according to materials published alongside...
...A version of this article was first published on October 24 by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...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....
...New job openings were reported across all sectors of the economy from leisure and hospitality to healthcare and professional industries....
...Jon Blanchard and Nicolo Rusconi, the founders of BLVD hospitality, bought the hotel in 2020 along with ESI Ventures, and have since put several million dollars and a great deal of thought into bringing...
...But the brand has experienced unprecedented interest in the secondhand smartphone market, which acts as a gateway into Apple’s network of products and services....
...In 2017, a $450mn funding deal led by TPG and its then-partner Sixth Street was lauded as the gateway to an initial public offering or a multibillion-dollar sale....
...The group last month reported a record net loss of Rmb48.9bn ($6.7bn) during the first six months of this year....
...When Emanuel’s Endeavor Group first bought into UFC in 2016, the mixed martial arts series had an enterprise value, including debt, of $4.1bn....
...Fewer young people are even on Facebook so, more and more, these online networks are not gateways to the physical world. I think that the loneliness epidemic is a real thing....
...Check out, say, the group One Earth Fund, for one sign of this important trend....
...She cites staffing struggles in the wider hospitality industry and says that, since Brexit, the fair’s European exhibitors had more than halved from 38 in 2018 to 16 last year....
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