Hints and tips:
...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...
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...InterContinental Hotels Group’s annual results represented a definitive recovery from the Covid-19 pandemic for the Holiday Inn and Crowne Plaza owner, as it posted an operating profit of more than $1bn...
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...The big hotel openings of 2024....
...Calay cited the example of InterContinental Hotels Group which suspended its dividend during the Covid pandemic in March 2020....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...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....
...And, indeed, everything about Carlotta, the latest London restaurant from the fast-growing group, screams bountifulness....
...It has teamed up with Optimum Asset Management to raise a €500mn real estate fund....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...The chief of Holiday Inn owner InterContinental Hotels Group has warned that the UK stock market is “not a very attractive place” for listed companies and called on authorities to get on the “front foot”...
...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....
...Scott was arrested at a budget La Quinta Inn & Suites hotel near Exxon’s headquarters in Spring, Texas, according to police records....
...BUY: Whitbread (WTB) A recovering hotel market plays a big role in Whitbread’s outperforming results, writes Julian Hofmann....
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
...“I wouldn’t call this a bubble,” said Koji Toda, a fund manager at Resona Asset Management. “And there is still no certainty of overcoming deflation.”...
...Or trash management at least....
...Three days after being appointed to run US software group SolarWinds, Sudhakar Ramakrishna received a call any chief executive would dread....
...Part of that included carrying on with the conference at Hong Kong’s five-star Conrad hotel, fittingly themed “Embracing Reality”. On the surface, things seemed like business as usual....
...By contrast, hotel group Whitbread insists it will stay the course....
...One serving senior official said the WhatsApp group for his department’s senior management was “a perpetual, rolling meeting in the background”....
...InterContinental Hotels Group revealed a $500mn (£413mn) share buyback programme and reinstated its interim dividend as the hospitality business — which owns Holiday Inn and Crowne Plaza — benefited from...
...And Keith Barr, chief executive of Holiday Inn owner InterContinental Hotels, recently opined that the UK stock market is “not a very attractive place”....
...The colour choice: Premier Inn. Group 5: Logos that are just words Who really needs a logo anyway? These are central banks, not web design agencies or PE firms....
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