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...“Together with Proprium, we have built Motel One into an international platform and brand and expect continued strong and profitable growth in the future,” said Motel One founder and supervisory board chair...
...The survey underscores the broadly buoyant mood in the hospitality sector that has driven a return to dealmaking after the pandemic....
Probe finds snack maker tried to prevent products moving between countries so consumers could get lower prices
...International hoteliers are racing to expand their portfolios at a time when high borrowing costs in Europe have slowed the pace of new construction....
...The catering and hospitality sector is renowned for long hours, low pay and high pressure....
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
...TGI Fridays said the deal would create a “global hospitality brand” offering “operational and financial flexibility, increased scale and capital to deliver continued revenue”....
...Dosne and the other students, who are being put through their paces on both sides of the kitchen pass, are just two weeks into their four-year degrees in international hospitality management....
...S&P Global’s latest ESG score for Philip Morris International, whose cigarettes continue to cause ill health and death around the world, is 85 out of 100....
...The retail and hospitality sectors were also badly hit, accounting for 16 per cent and 15 per cent of insolvencies respectively over the same 12-month period, reflecting weak consumer demand....
...The deal is the latest in a recent wave of private equity groups returning to the hospitality and leisure sector....
...For airlines, demand for international cargo and flights is starting to recover, with the weak yen further boosting profits for sales made in foreign currencies....
...Yoghurt sales in the US topped $11bn last year, almost a third more than a decade ago, according to Euromonitor International. But that is mainly due to price increases....
...IHG also announced an agreement with Novum Hospitality in Germany, which it expects to add almost 18,000 rooms to its system by 2028....
...But Accolade has been hit by the Covid-19 pandemic’s damaging impact on the hospitality sector, the introduction of punitive Chinese tariffs on Australian wine in 2020 and a switch by many consumers to more...
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...Cohort sizes have only just returned to pre-Covid levels, says Eric Vogler, director of the MSc in International Hospitality Management at EMLyon business school in France, where enrolments fell 10 per cent...
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
...Those mulling 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....
...Her report demonstrates the economic impact of the art trade — estimated to contribute nearly £1.6bn to the UK economy in taxes — and its ancillary expenditure in industries including insurance, hospitality...
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...The launch of a Boeing spacecraft carrying two astronauts to the International Space Station has been rescheduled for the end of the week after it was called off last night....
...When Oprah Winfrey announced in February that she would step down from the WW International board, shares in the company behind WeightWatchers dropped nearly 20 per cent, to their lowest point since it returned...
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