Hints and tips:
...In 2019, Colony acquired data centre investor Digital Bridge Holdings and named its founder, Marc Ganzi, as Barrack’s successor....
...Its properties include the City of Dreams resort and casino in Macau, which includes the Morpheus Hotel designed by Zaha Hadid Architects. It raised $1.1bn when it listed on Nasdaq in 2006....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...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...
...Additional reporting by CK Tan in Shanghai A version of this article was first published by Nikkei Asia on September 6. ©2023 Nikkei Inc. All rights reserved....
...Posco and Japan’s Kirin, which have tie-ups with Myanmar Economic Holdings Public Company Ltd, a military-backed conglomerate, have faced some of the most intense pressure from campaigners....
...Cascade also owns most of the Four Seasons Hotels and Resorts, for example. Still, it’s an interesting portfolio....
...Second-quarter results from big hotel groups confirmed the trend. At Hilton Worldwide, revenue rose by more than two-thirds....
...new Twitter CEO (CNBC) FTX seeks to claw back Sam Bankman-Fried’s political donations (FT) Sixth Street leads $2.3bn debt package for Maxar Technologies buyout (FT) Billionaire Oleg Deripaska’s Sochi hotel...
...A good example is Johnsons Service Group, a provider of hotel laundry services and workwear, which, awash with debt, faced a near-death experience in the 2008-09 financial crisis....
...BP’s chief executive Bernard Looney has spoken of the value of holding one-to-one meetings with climate critics, but few of his peers have admitted following suit....
...A version of this article was first published by Nikkei Asia on August 5 2022. ©2022 Nikkei Inc....
...The two biggest — Booking Holdings and Expedia — predict this could be their busiest summer travel season ever. Yet despite the bold forecasts, share price performance is lagging....
...and Stanley Ho’s Shun Tak Holdings....
...A version of this article was first published by Nikkei Asia on March 14 2022. ©2022 Nikkei Inc. All rights reserved....
...O’Hara believes Hertz’s outlets will eventually become servicing locations for the cleaning and charging of autonomous-driving taxis, and expects to unveil new partnerships to put charging stations in hotel...
...Yet the way that most EV owners recharge — overnight and at home — may not be available at a hotel....
...Now Gates’ investment vehicle Cascade is buying half of Prince Alwaleed’s stake, increasing his holding in Four Seasons to 71 per cent in a deal that values the hotel chain at $10bn, including debt....
...The hotel chain occupies 237 guest rooms in the tower....
...The fund had 62 holdings at the end of June, with 44.1 per cent of its assets in airlines, 40.3 per cent in the hotel sector and 15.6 per cent in cruise lines....
...A version of this article was first published by Nikkei Asia on October 11 2021. ©2021 Nikkei Inc....
...A version of this article was first published by Nikkei Asia on July 23. ©2022 Nikkei Inc. All rights reserved....
...Late that Tuesday, some of the bidders headed back to New York having never checked into their hotel — one banker described the ordeal as “inhumane”....
...But if the writers wanted material, they could have looked to the UK’s Sir Frederick Barclay, who was bugged by his own nephews while he smoked cigars in London’s Ritz Hotel (which the family owned at the...
...Proving he is a diplomat as well as a lawyer as he ascends to the top of Singapore Inc, Pillay said this week: “No one can be like Ho Ching.”...
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