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...“Over the last year or two, it has become clear to the Hotel Chocolat directors that achieving this [international growth] potential will require substantial investment and time,” the company said in a stock...
...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....
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...The international agency acquired Kassan’s strategic advisory firm MediaLink in 2021 for $125mn from UK-based Ascential, and made Kassan a partner....
...Bruno Huggler, the head of the Crans tourism office, said that Vail’s international footprint was “an undeniable asset, notably for the North American market.”...
...Without Airbnb competition, hotels will feel free to raise their rates. Short-term rental costs seem to be drifting up....
...Hinge is performing better, particularly in Europe: “We continue to see Hinge’s international expansion as the most undervalued story in online dating,” says Morgan Stanley....
...& Casino and part of the Trump International Las Vegas hotel....
...Five-star assets Raffles London, the lavish hotel once home to Winston Churchill’s office, underscores a new era of inflation-resistant super-luxury hospitality as foreign investors snap up trophy assets...
...The sale comes when high-end decorative art has proved a magnet for buyers: last year’s successes included the collection of Hubert de Givenchy and the contents of the Hôtel Lambert, once also a Rothschild...
...The entrepreneur’s name has emerged in an alleged half-billion-dollar international fraud at commodities group Trafigura, the FT’s Cynthia O’Murchu in London and DD’s Kaye Wiggins report....
...But Forest City says it has completed about 26,000 residential units, with more than 80 per cent sold to buyers from more than 30 countries, while two hotels and two international-standard golf courses are...
...A version of this article was first published by Nikkei Asia on March 23, 2023. ©2023 Nikkei Inc. All rights reserved....
...For a hotel, that might be guests’ passport details; for a spa, it could be customers’ health data; for a manufacturer, it could be intellectual property....
...Letter in response to this article: Overseas M&A forms backbone of Japan Inc / From Kiminori Yamaguchi, Tokyo, Japan...
...Marriott International, the world’s biggest hotel company by room numbers, is the relative outperformer, falling just 4 per cent....
...Over at Ozy Media, which billed itself as a media company at the forefront of “the New and the Next”, founder Carlos Watson was arrested at a hotel last week on fraud charges....
...London’s Frieze-week auctions of contemporary and modern art fared well as the weakness of the UK’s currency enticed international bidders....
...A version of this article was first published by Nikkei Asia on March 30. ©2023 Nikkei Inc. All rights reserved....
...Cathy Hsu, a professor at Hong Kong Polytechnic University’s school of hotel and tourism management, said it could take another two to three years for Asia to experience a rebound post-Covid....
...Next year’s Art Basel Hong Kong will run March 23-25 and is on track to have 171 galleries, a far greater number than this year (130) now that the region has lifted its compulsory hotel quarantines....
...The Ukrainian Hotel and Resort Association has hit out at international hotel companies for not taking the “ethical stance” of Best Western, which removed its six Russian hotels from its website this month...
...But it still needs to complete an international phase 3 trial....
...“It’s like going to a hotel. This [room] has a view of the ocean as opposed to a view of the mountains. You’re going to have to pay more money.”...
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