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Travel & leisure industry
CitizenM owners explore potential sale of hotel group
...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...
March 27, 2024
Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
..., purchased 17 hotels in the country from the Equity Inmuebles fund....
April 14, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Jane Street Capital
High-speed trader Jane Street raked in $4.4bn at start of 2024
...The firm, which trades tens of thousands of products, including currencies, exchange traded funds and options, reported profits of $5.9bn in 2023 and $6.7bn in 2022....
April 18, 2024
Travel & leisure industry
Hotel chain Motel One valued at €4.1bn as hospitality dealmaking heats up
...Meanwhile Saudi 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.Munich-based...
April 9, 2024
Travel
The Copenhagen canalside hotel on a mission to bring people together
...Almost all new hotels talk about how they are striving for a sense of community, eager to be a buzzing hub for both locals and visitors, but Kanalhuset actually follows through with that aspiration, making...
April 3, 2024
BT Group Plc
BT Tower sold to US luxury hotel group
...MCR, a US-based hotel owner and operator with a $5bn portfolio of independent and branded hotels including the TWA, Sheraton Times Square and Lexington hotels in New York, will gradually take over the building...
February 21, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
Travel
A night with Van Gogh in Amsterdam
...Pending the start, in October, of a year of celebrations to mark the 750th anniversary of the founding of Amsterdam, the city’s five-star hotels have been raising their game....
April 16, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
New Jersey earthquake shakes New York City and other parts of the northeast
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
April 5, 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
...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....
February 13, 2024
FT GlobetrotterThe hottest hotels in Madrid
Together in eclectic dreams: Bless Hotel Madrid
...luxury and ease, and lots of great window-shopping, but none of the chilly smartness of Paris or New York....
March 11, 2024
Travel
The big hotel openings of 2024
...There’ll be a subterranean spa across four floors of the hotel’s huge basement, a 22-metre pool and its restaurant will be the first outpost of Jean-Georges Vongerichten’s ABC Kitchen outside New York....
January 11, 2024
Letter
Letter: Flaws in New York State’s well-intended debt plan
...Lastly, the New York proposal will indeed harm the very countries it is intended to help: any arbitrary dictating to investors — these include pension funds and insurers — about the amount of writedown on...
March 13, 2024
FT Globetrotter
New York uncorked: Manhattan’s coolest wine stores
...Le Dû had originally moved to New York to be a punk rocker in the 1980s, but he soon fell into the wine world of New York City and trained to be a sommelier....
March 26, 2024
FT GlobetrotterThe hottest hotels in Madrid
Perfect harmony: UMusic Hotel Madrid
...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”....
March 11, 2024
Travelista
Four city hotels reshaping the horizon
...February marked the opening of a third New York address, The Warren Street Hotel, in the heart of Tribeca, and housed in its own purpose-built tower....
March 3, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Travel
From magician’s assistant to tech mogul — and creator of Soho’s most flamboyant hotel
...Martin Brudnizki says he wasn’t aware of his client’s personal history when he got the brief for a new hotel in London....
November 23, 2023
Donald Trump
Donald Trump’s $175mn bond should be invalidated, New York attorney-general says
...” for a valid surety in New York....
April 19, 2024
FT GlobetrotterWhere to stay in Zurich
Zürich’s Storchen hotel: in the pink for centuries
...It became an inn shortly after the city’s first bridge was built, right next to the hotel, over one of the Limmat’s narrowest spots....
February 26, 2024
Travel
Inside the elite Swiss school for hotel managers
...Much of it is brand new; an almost $300mn expansion that opened in 2022 has more than doubled its size, with airy new buildings and training kitchens that would be the envy of any chef....
March 23, 2024
Property sector
Record number of cash offers show New York property is only for the rich
...New York’s property supply crunch has brought vacancy rates down from almost 4.5 per cent in 2021 to 1.4 per cent, below the pre-pandemic rate of 3.6 per cent, according to the New York City Comptroller....
March 5, 2024
Travelista
Five blissful European hotel spas
...Treatments from €60, massages from €170, rosewoodhotels.com Mandarin (Oriental) magic in Milan Milan is shortly to see a whole bevy of new hotels, among which a sister to the lovely JK Places in Rome and...
January 14, 2024
Commercial property
‘Skyscraper queen’ leaves CBRE as New York property crisis deepens
...James Whelan, president of the Real Estate Board of New York, the industry trade group, called her a trailblazer....
February 5, 2024
Donald Trump
Dozens of potential jurors dismissed from Donald Trump’s ‘hush money’ trial
...The office of district attorney Alvin Bragg, who brought the case, also asked Merchan to fine Trump for his attacks on potential witnesses in the New York hush money case....
April 15, 2024
Accor SA
Accor in talks with Dubai Holding to fund Orient Express superyachts
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
February 27, 2024
New York City
New York sends National Guard troops to patrol subway after attacks
...Eric Adams, the New York City mayor and a former transit police captain, has made restoring public safety the centrepiece of his first term....
March 6, 2024

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