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...The survey underscores the broadly buoyant mood in the hospitality sector that has driven a return to dealmaking after the pandemic....
...The deal will greatly expand Home Depot’s reach among contractors and builders....
...TGI Fridays said the deal would create a “global hospitality brand” offering “operational and financial flexibility, increased scale and capital to deliver continued revenue”....
...Homebuilder confidence this month dropped to its lowest level since January as higher rates drove some buyers away and raised construction costs, the National Association of Home Builders said....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...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...
...Sekisui, which also owns builders Woodside Homes, Holt Homes and Chesmar Homes, said it would become the fifth-biggest US home builder....
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...Brian King, a tourism and hospitality professor at Texas A&M University, said it signalled “tangible evidence” of technological advancement alongside a “large scale and increasingly sophisticated” consumer...
...Builders hammer, drill and snag, fresh-faced new hires go through manoeuvres rehearsing for opening night....
...“Bottom line: supply is short, demand is returning to affordable offerings, and builders will need to produce more homes to fill the void,” Lennar executive chair Stuart Miller said on the Miami-based builder...
...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....
...A Scotland-only list would add fishing boat masters and ship builders....
...“First of all, our business is hospitality – it’s not one of our goals, selling. We never wanted to compete with all the galleries that represent our artists....
...Hospitality companies generally have been hit by previously pent-up “revenge” travel beginning to abate. Hertz has, however, also been hit by a specific strategic choice....
...The private sector is adding jobs largely in two areas: leisure/hospitality and private education/healthcare. These two have made up 75 per cent of private payroll gains over the past year....
...“We’re trading on experience . . . exclusivity, uniqueness, and hospitality,” Edgar added....
...Freight rates have fallen as spending has shifted from ecommerce to hospitality. However, the CEO switch may also illustrate the difficulty some bosses have with letting go....
...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....
...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...
...It's a hospitality thing or appreciation of... It's a hospitality thing. ...of hospitality. It's a hospitality appreciation, yeah....
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
...One of those income streams is a hospitality business, Aller Dorset, which they opened in 2021, offering accommodation in two high-spec Plankbridge shepherd’s huts (each costing £55,000)....
...The first LLMs are going to be made available to everybody and, then, the next wave of value will be less about the model builder, and more about who has a unique signal to feed the AI....
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