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...Proprium Capital Partners, a real estate private equity group, has sold back its 35 per cent stake in Motel One to the company’s majority shareholder, One Hotels & Resorts, according to a statement on Tuesday...
...Hilton Hotels and Wyndham Hotels & Resorts were each down about 2.7 per cent....
...costs for new resorts....
...Revenues at Wynn Resorts grew more than expected in the first quarter as a recovery in Macau’s casino sector boosted the company’s earnings....
...Marriott-owned hotel group Ritz-Carlton launched its own luxury cruise liner last year. Luxury resort operators Aman Resorts and Four Seasons have also announced plans to launch their own cruise ships....
...And high-end clerics won’t go lower than a Marriott. As an alternative to a Travelodge, glamping might look appealing....
...The mood is less boisterous now, and amid a raft of sustainability measures the lift operating company has committed to not extend the ski area further....
...A wing was ripped off a plane attempting to land at the French ski resort of Courchevel last weekend, the latest in a series of accidents at the high-altitude airport....
...But the bigger issue is depressed outbound travel. Unlike the rest of the world, post-pandemic travel recovery has been slow among Japanese travellers....
...The San Francisco-based company has spent years working to improve and grow its core rentals business, including by rolling out features designed to improve the experiences of users and hosts....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...SLC Turnberry — the company that operates the resort — lists the Donald J Trump Revocable Trust as its ultimate controlling shareholder....
...Without elaborating, Seitlinger Jr hints that the issue with the lift company can be resolved. They have the backing of the state; Carinthia has launched a big marketing push for its two-dozen resorts....
...Business Travel, which manages corporate travel and expenses for companies....
...CPIPG said in response it believed Muddy Waters was “categorically wrong” about the company....
...An unwinding of the deal that created the company no longer looks far-fetched....
...Some companies are limbering up and are worth a look. But don’t expect many personal bests in the near term....
...The US’s Vail Resorts took over Andermatt’s lift company in 2022, bringing a wave of new American visitors....
...Annual spending on hotels, resorts and accommodation fell for the first time since May 2023, but travel agents had another positive month, with spending climbing 7.1 per cent, as holidaymakers booked summer...
...Rates not yet set, marriott.com Warwickshire The Pig, the wildly popular chain of southern English hotels, is launching its ninth property at the end of the year, and its most northerly to date....
...and resorts....
...In one of the videos, which spread widely on Chinese social media, Qu said she did not care about how long hours and extensive business travel would affect the personal lives of her staff....
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...Last week, for example, US budget hotel operator Choice made a $9.8bn public approach for rival Wyndham Hotels and Resorts after the latter broke off merger talks....
...This is a lucrative but often overlooked side business that should help to insulate the company against some of the aforementioned cyclical problems....
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