Hints and tips:
...Vail Resorts has agreed to buy the Crans-Montana ski resort in the Swiss Alps, in a SFr118.5mn ($136mn) deal that will give the Colorado-based group ownership of an iconic European holiday destination....
...It’s been a propitious start to the season in the mountain town, whose tourist office has also been taking calls from Americans keen to book holidays since the news broke in late November that Vail Resorts...
...The owner of Center Parcs has abandoned plans to sell the holiday resort group for more than £4bn, after investors proved unwilling to commit to a big bet on the UK leisure sector at a time of higher interest...
...The Canadian alternative assets group plans to sell the UK holiday resorts business for a mooted price of more than £4bn....
...Brookfield has put UK holiday resort Center Parcs up for sale, in a deal that will test investors’ willingness to bet on an economy hit by high inflation and rising interest rates....
...But it is now having to resort to more markdowns than planned, particularly to shift inventory in apparel....
...The fund also owns holiday resorts business Center Parcs, which it may look to sell soon, according to Hyler....
...Capuano said the challenge was “particularly acute” in states such as Florida, one of the markets that has bounced back fastest from the pandemic thanks to soaring demand for resort holidays....
...This month, the Adriatic coast’s high-rolling new resort, Portonovi, opens....
...United Airlines reined in its capacity plans for the key Thanksgiving and Christmas holidays and American Airlines and Delta Air Lines flagged lower than expected revenues for the quarter....
...I drive an hour south to Breckenridge, a Gold Rush town turned ski resort (it’s also owned by Vail Resorts)....
...Unions say drivers have to resort to “multi-apping” because Uber hires too many of them and they cannot win enough trips to make a living unless they work through several apps at once....
...The group is one of the UK’s largest ratepayers and was a big beneficiary of a year-long business rates holiday announced in March....
...Smart reads Party oasis Dubai has opened its doors and dance floors to foreigners in search of a post-lockdown holiday....
...El Puesto, the cevicheria, is a win – a simple squared-off bar, set in the sand and surrounded by stools, a place that begs to be the afternoon hangout every day of your entire holiday....
...Greece’s tourism minister tells The Guardian that his government is preparing new rules for post-corona holidays in an attempt to salvage something of the summer season for its islands and resorts....
...Consumers were feeling extra generous during the holiday period increasing net income at JPMorgan’s mammoth retail bank by 5 per cent for the quarter....
...Analysis of more than 60,000 corporate flights by US academics found about a tenth went to resorts like Las Vegas....
...We think this decision on Spain will create uncertainty that could cause customers to book holidays to other countries even later, reduce overseas holiday demand in general, and raises the risk the quarantine...
...A version of this article was first published by the Nikkei Asian Review on July 5, 2019. ©201 Nikkei Inc. All rights reserved....
...Deeply impressed, Mr Grigg headed to Japan in 1994 on a working holiday programme....
...The Fleming Villa in Jamaica, for example, one of five properties selected by Airbnb to publicise the launch, is actually part of the GoldenEye resort and can be booked direct or through a wide range of...
...At the end of last year, regulatory powers were devolved to municipalities, so that areas of central Lisbon and Porto need not enforce the same rules as resorts in the Algarve....
...Thomas Cook shares were branded worthless on Friday, triggering a collapse in the value of the UK’s oldest travel business and raising concerns among customers travelling this summer to its holiday resorts...
...The sales disappointment comes as more chains resort to court protection from creditors....
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