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Travel & leisure industry
Hotel chain Motel One valued at €4.1bn as hospitality dealmaking heats up
...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...
April 9, 2024
Investments
Investors’ Chronicle: Trainline, InterContinental Hotels, BP
...HOLD: InterContinental Hotels (IHG) The hotel group’s Americas market went backwards despite a good performance elsewhere, writes Christopher Akers....
May 10, 2024
FT Live
Managing Operational Risk in M&A Transactions
Examining the value of business licensing and property tax in the deal cycle
Thursday, 20 JuneDigital Conference
Travel & leisure industry
International hotel chains step up plans to expand in Europe
...International hoteliers are racing to expand their portfolios at a time when high borrowing costs in Europe have slowed the pace of new construction....
April 21, 2024
News updates from March 11: Brussels eyes up to €3bn in frozen Russian assets for Ukraine; Biden proposes higher taxes
Choice Hotels abandons $9bn hostile takeover of rival Wyndham
...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....
March 11, 2024
News updates from February 13: US inflation slows to 3.1%, Gazans flee Rafah ahead of expected invasion
Hotel stocks tumble after sector leader Marriott warns of travel slowdown
...Marriott International, the biggest hotel operator by revenue, was down 6.3 per cent in afternoon trading on Tuesday, on course for its biggest one-day drop in almost two years, after issuing a weaker than...
February 13, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
S&P 500’s energy sector jumps as oil rises and Morgan Stanley turns bullish
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
March 25, 2024
FT Live
Decarbonising India's Industries
Unlocking the technologies and capital required to accelerate progress
Tuesday, 11 JuneDigital Conference
Oliver Ralph
Let’s hear it for the FTSE 100’s magnificently unglamorous seven
...On a long-term view, some of the FTSE 100’s less glamorous members, companies such as Compass, Intertek, Relx, Experian and Diploma as well as Bunzl and Howdens, have performed far better than the household...
April 15, 2024
FT Schools
Business class
...business: M&S reviews future of French stores amid Brexit delivery delays Human Resources: Marriott warns of ‘fight for talent’ as hotels struggle to find staff Revision: Pret A Manger vs Greggs: who...
April 28, 2024
FT GlobetrotterThe hottest hotels in Madrid
Perfect harmony: UMusic Hotel Madrid
...a roster of national and international artists for concerts and shows....
March 11, 2024
Travel
Inside the elite Swiss school for hotel managers
...school in a room of Lausanne’s Hôtel Angleterre in 1893....
March 23, 2024
European equities
Investors bet on European consumer stocks as economic confidence grows
...They have also helped broaden the benchmark Stoxx Europe 600’s rally, which had largely been driven this year by a small cluster of megacap stocks....
March 20, 2024
Travel
The big hotel openings of 2024
...Colorado Three blocks west along Main Street from the venerable Hotel Jerome where Hunter S Thompson held court, Mollie Aspen is a swish reinvention of what was the three-star Molly Gibson Lodge....
January 11, 2024
FT SeriesThe world’s best house museums
House museums #57: Pearl S Buck
...Her advocacy continues today in the form of Pearl S Buck International, which supports humanitarian aid projects around the world and operates the museum....
March 2, 2024
Travelista
Six street-art destinations to see now
...If you’re after a longer stay, the hotel also operates a pair of spare but beautifully restored townhouses on Rope Walk, a 10-minute walk from the hotel. cheongfatttzemansion.com, from RM780 (about £130)...
May 12, 2024
Corporate bonds
Corporate defaults at highest rate since financial crisis, says S&P
...worth less than the face value of their debt, in a scenario that can help borrowers and private equity sponsors avoid expensive bankruptcy proceedings....
March 14, 2024
FT Live
FTWeekend Festival: U.S. edition
The Saturday where the Financial Times Weekend paper comes to life
Saturday, 10 May 2025The REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
South Africa
S Africa proposes ‘innovative’ medical tourism plan allowing use of rhino horn
...The controversial plan acknowledges international support for a ban on the trade of rhino horn and elephant tusks under the Convention on International Trade in Endangered Species (Cites), but says that...
April 6, 2024
Scoreboard
F1’s new Red Bull problem Premium content
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
March 9, 2024
The Week Ahead
UK holds local elections and Fed sets rates
...There is a generous run of other economic data, including fresh US employment figures on Friday and international economic comparisons from manufacturing purchasing managers’ index figures, split because...
April 28, 2024
News updates from November 16: Oil prices hit 4-month low, Wirecard hacker sentenced to 80 months in prison
Mars to buy Hotel Chocolat in £534mn deal
...The owner of confectionery group Mars has agreed a deal to buy upmarket chocolatier Hotel Chocolat in a cash offer that values the company at around £534mn on a fully diluted basis....
November 16, 2023
FT Globetrotter
FT readers: your favourite independent hotels in the world’s great cities
...The restaurant has a living-room feel and serves a mix of Swedish and international cuisine. The staff are exceptionally friendly....
January 24, 2024
News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%
S&P 500 posts fifth record close in a row
...Brent crude, the international benchmark, settled up 3 per cent at $82.43 a barrel....
January 25, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
S&P 500 posts fifth record close in a row
...Brent crude, the international benchmark, settled up 3 per cent at $82.43 a barrel....
January 25, 2024
Scoreboard
F1’s big Las Vegas gamble Premium content
...Hotel prices have fallen in the days leading up to the event, and tickets are cheaper too. People close to F1 say the cost of hotel rooms is normal and that they’re expecting 100,000 people a day....
November 18, 2023
Travelista
Five chic city hotels in the Low Countries
...Its combination of modest dimensions, a world-beating museum (the Mauritshuis) hiding in plain sight, a thoroughly international populace and beautiful 17th-century palaces on pretty squares – plus the polish...
January 21, 2024
UK government spending
UK spent quarter of aid budget on hosting asylum seekers in 2023
...Under international rules, money spent in-country on support for refugees can be classified as aid because it constitutes a form of humanitarian assistance....
April 10, 2024

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