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...Arabia’s Public Investment Fund bought a 49 per cent stake in Sir Rocco Forte’s luxury hotel group in December with plans to double the chain’s size over the next five years with new hotels in the Middle...
...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
...The majority owner of Motel One Group has taken full control of the budget hotel chain in a transaction that values it at €4.1bn, the latest sign of a return to dealmaking in the hospitality sector following...
...HOLD: InterContinental Hotels Group’s (IHG) The company launched a new share buyback programme and raised its dividend as leisure travel demand remains strong, writes Christopher Akers....
...InterContinental Hotels Group aims to double its portfolio in Germany to more than 200 hotels by 2028, through a 30-year franchise agreement with the country’s largest family-run hotel operator Novum Hospitality...
...Second in the ranking was the UK’s InterContinental Hotels Group....
...Jeffrey Sprecher, founder and chief executive of Intercontinental Exchange, said the UK had lost value as a trading centre since leaving the single market, and uncertainty around some post-Brexit regulations...
...InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza chains, said its performance had normalised after the impact of the pandemic as it reported significant improvements to trading performance...
...InterContinental Hotels Group and Carrefour will also unveil full-year results....
...Choice Hotels International has scrapped its $9bn hostile takeover of Wyndham Hotels and Resorts, ending an almost year-long pursuit of the rival hotel group whose board repeatedly criticised the deal....
...be fraught with risk for the hotel group....
...group tapped to replace Alain Ducasse at the Plaza Athénée in Paris in 2021. dorchestercollection.com, from Dh3,400 (about £730) Tribeca gets the Firmdale treatment Kit Kemp, who founded Firmdale Hotels...
...Shares of hotel groups were among Wall Street’s worst performers after the world’s biggest hotel chain warned of slowing revenue growth this year as travel demand slows....
...(which also owns Six Senses and InterContinental), positions Regent as its most luxurious marque....
...The former McKinsey consultant, who served as UK foreign secretary from 2010 to 2014, said he spends about half his time on his portfolio of business roles, which also includes a board seat at Intercontinental...
...He now manages the renowned Hôtel de Crillon in Paris for the Rosewood group....
...But this curious aspect is a legacy of its conception as an extension of the Berkeley next door – like The Emory, part of the Maybourne Group....
...Over the past six months. however, its shares have risen 22 per cent, outperforming fellow bourse operators CME Group and New York Stock Exchange owners Intercontinental Exchange, up 7 per cent and 17 per...
...This article is part of FT Globetrotter’s guide to Madrid UMusic, the first hotel by Universal Music Group, opened with ambitions to be an “entertainment hub”....
....— Should the company known as Bass, in its 1984 iteration, be seen as having evolved into InterContinental Hotels, or into Mitchells & Butlers?...
...All food and drink at the hotel is overseen by one of the best-known names in Madrid’s culinary scene, chef-restaurateur Nino Redruello, whose La Ancha restaurant group runs some of the city’s — and the...
...Earnings: The UK’s InterContinental Hotels Group publishes third-quarter results on Friday. British estate agency Foxtons is to issue a third-quarter trading update....
...BT Group has agreed to sell the BT Tower in London to MCR Hotels for £275mn, the UK telecoms group said on Wednesday....
...evolved since, most notably in the accommodations, which in earlier years were fairly spartan; today they’re cosy and rustic-chic, but operate roughly along the same configurations, with houses for larger groups...
...Only about one-third of available Airbnb rentals for the Paris area have so far been booked during the Olympics, according to data analytics group AirDNA, while 3,000 to 3,500 new listings are coming online...
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