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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....
...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”....
...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...
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...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....
...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....
...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....
...These threats are important, but nothing new to Apple or any other big tech company (Microsoft, the world’s other $2.7tn company, has been fighting similar suits for decades)....
...CEO Baretzki pursued the idea of launching High Artistry pens after the company decided to pause the line of jewellery launched around 2007....
...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...
...The combined companies are expected to benefit from tapping into Endeavor’s other businesses, which include sponsorship, ticketing and hospitality groups, as well as the WME talent agency....
...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...
...With the right facilities, corporate hospitality clients would surely be queueing up to spend a small fortune on a box at Stamford Bridge for a season to entertain wealthy VIPs....
...Some richly valued companies such as babycare retailer FirstCry, hospitality start-up Oyo, eyewear retailer Lenskart, mobility company Ola and food delivery firm Swiggy have revived plans to go public....
...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....
...Through its majority ownership of Legends, the concessions and hospitality company, Sixth Street has a view into the operations of many of sport and entertainment’s top stadiums and arenas....
...Many of the top performers had rolled out specialised training to give refugees a head start in the jobs market — thousands of refugees have benefited from training in hospitality from Hilton, call-centre...
...Wong opens her Hong Kong-based business with Daryl Wickstrom, another Sotheby’s long-timer in Asia who left the company in 2016....
...Additional reporting by Niyakarn Atiyudhakul A version of this article was first published by Nikkei Asia on December 2 2022. ©2022 Nikkei Inc. All rights reserved....
...“Historically, hospitality has been a personal service but I think they have started to realise that technology can facilitate a lot of that,” says Tristan Gadsby, chief executive of hospitality consultancy...
...Bloomberg, founder of the eponymous financial data group, described the ruling as “the worst attack on the rights of American women in generations”, while Danny Meyer, the restaurateur behind Union Square Hospitality...
...The Union Square Hospitality Group Spac, a blank-cheque company run by Meyer, will become a cornerstone investor in the IPO....
...That could mark a strategic win for Beijing, whose efforts to export UnionPay have been slow despite reward schemes offering discounts for shopping and hospitality....
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