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...Hong Kong scrapped hotel quarantine rules for visitors arriving in the city in September last year and lifted other pandemic-era restrictions in December....
...Dubai Holding, which has $35bn worth of assets, owns the Jumeirah luxury hotel chain and last year agreed a deal with Accor to launch hotels in the emirate....
...Sadly, as is the case in New Jersey where 25 per cent of all new hotel rooms are dedicated to marijuana smoking, the lust of lawmakers for revenues — without regard to the consequences of legalisation —...
...In the 12 years since Cheng’s father, Cheng Kar-Shun (known as Henry), the billionaire chairman of Hong Kong-based New World Development (which includes New World Hotels, an Asia-based collection), acquired...
...Regulators are already investigating whether some cloud computing companies are operating like Hotel California, imposing punitive “egress” fees on customers to prevent them from checking out....
...As evidence, the Federal Reserve Bank of Philadelphia specifically noted in a recent Beige Book commentary that “May was the strongest month for hotel revenue in Philadelphia since the onset of the pandemic...
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...There was, however, still “a bit more time [to go] for sellers to accept the new reality”, he said, adding that many were not ready to dispose of their assets at market price yet....
...revenue in Philadelphia since the onset of the pandemic, in large part due to an influx of guests for the Taylor Swift concerts in the city.”...
...News round-up BP boss dismisses speculation energy major faces takeover threat (FT) Russian oligarch Alexei Kuzmichev held by French police (FT) Blackstone sells stake in €4bn Spanish hotel chain to GIC...
...Economic data: We get new applications for US unemployment aid for the week ended November 11. The Federal Reserve Bank of Philadelphia issues its Manufacturing Business Outlook Survey for November....
...(Might free or subsidised hotel stays catch on to get staff back at their desks?)...
...Later, the celebratory “That’s New England” combined an original score with excerpts from Charles Ives and James Sinclair’s “Three Places in New England”....
...Despite the slowing recovery in tourism in the region overall, one contact highlighted that May was the strongest month for hotel revenue in Philadelphia since the onset of the pandemic, in large part due...
...China assembles a who’s who of private equity Blackstone, KKR, Carlyle, Warburg Pincus and Sequoia Capital’s soon-to-be-spun-off China unit all sent executives to a gathering at Beijing’s Tiantai hotel...
...Hotels Group....
...to work 5 days a week in the office (FT) SoftBank slims down by selling early-stage VC unit (Axios) InterContinental Hotels chief warns London stock market ‘not a very attractive place’ (FT + Lex) Venture...
...There’s also a private retreat – a new-build accommodation at the lake’s edge....
...Consumers may book a stay in a lunar hotel, buy Moon rocks or other artefacts, or even choose to be buried on the moon, the report suggests, but that's about all that will be available....
...Hundreds of thousands of her fans have flown into cities, filling hotels and restaurants and spending an average of $1,300: the Federal Reserve Bank of Philadelphia credited her for May being the best month...
...Join us at London’s Biltmore Mayfair hotel on October 17 to hear from and connect with the biggest names in investment and finance, including Byron Trott and Gregg Lemkau of BDT & MSD Partners as well as...
...Cascade also owns most of the Four Seasons Hotels and Resorts, for example. Still, it’s an interesting portfolio....
...York and the beverage cart at Butcher and Singer in Philadelphia....
...Ivan Suardi is the executive vice-president of product and concept development at Rosewood Hotel GroupShare your favourite Hong Kong restaurants and bars in the comments Follow FT Globetrotter on Instagram...
...His next ambition is to start his own hotel, “somewhere that really represents who I am and what I love”, he says....
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