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Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
...The survey underscores the broadly buoyant mood in the hospitality sector that has driven a return to dealmaking after the pandemic....
April 14, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
April 24, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...TGI Fridays said the deal would create a “global hospitality brand” offering “operational and financial flexibility, increased scale and capital to deliver continued revenue”....
April 16, 2024
Accolade Wines Australia Ltd
Bain-led consortium takes over Australian winemaker behind Hardys
...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...
February 2, 2024
Scoreboard
Roger Federer’s lesson for Tiger Woods Premium content
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
January 13, 2024
Hertz Global Holdings Inc
How Hertz’s bets on Tesla and a Goldman veteran veered off course
...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....
March 20, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Lex PopuliPersonal Finance
Pipe dream of payment plumbers springs a leak
...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....
October 20, 2023
Inside BusinessSujeet Indap
Hertz and Carvana: what their diverging fortunes tell us
...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....
November 30, 2023
UnhedgedRobert Armstrong
The cooling labour market is still warm enough Premium content
...The private sector is adding jobs largely in two areas: leisure/hospitality and private education/healthcare. These two have made up 75 per cent of private payroll gains over the past year....
January 8, 2024
LexBoard changes
Returning CEOs: long-serving bosses find it hard to say goodbye Premium content
...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....
September 8, 2023
Watches & Jewellery
Montblanc high-end pens underline its credentials as luxury brand
...Hospitality group Accor’s relaunch of the Orient Express brand has revived interest in the train, known from literature and movies, and has opened up new possibilities for Montblanc....
November 17, 2023
The Art Market
Changing tastes hobble New York auction season
...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...
November 23, 2023
TKO Group
Ari Emanuel’s martial arts group TKO eyes $1bn earnings as it lists in New York
...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....
September 12, 2023
Due Diligence
Can Jane Fraser save Citigroup and herself? Premium content
...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...
September 26, 2023
Scoreboard
Will the private equity squeeze hit football? Premium content
...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....
November 4, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Indian business & finance
For India tech start-ups, IPO success hinges on foreign investors
...A version of this article was first published by Nikkei Asia on October 2. ©2023 Nikkei Inc. All rights reserved....
October 9, 2023
News in-depthCountry Garden Holdings Co Ltd
Chinese developer Country Garden’s Malaysian project in focus amid contagion worries
...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....
September 12, 2023
Scoreboard
How a football legend scored $125mn for the women’s game Premium content
...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....
April 8, 2023
Moral Money
The hidden cost of back to work Premium content
...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...
February 6, 2023
The Art Market
Sotheby’s gains Richter, London loses Masterpiece fair
...She cites staffing struggles in the wider hospitality industry and says that, since Brexit, the fair’s European exhibitors had more than halved from 38 in 2018 to 16 last year....
January 12, 2023
How To Give It
Seven charitable initiatives for early autumn
...Tickets are priced from £150, with around 50 per cent of profits supporting Hospitality Action. 20 September, eventbrite.co.uk...
September 9, 2022
Cyber Security
Hotels in hackers’ sights as technology replaces personal touch
...“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...
March 28, 2022
Nikkei Asia
Thai silk company Jim Thompson vows Covid comeback as a global brand
...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....
December 7, 2022
Roe vs Wade
US business treads cautious line after Supreme Court abortion ruling
...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...
June 24, 2022
Mergers & Acquisitions
JAB’s casual dining group Panera set to return to public market
...The Union Square Hospitality Group Spac, a blank-cheque company run by Meyer, will become a cornerstone investor in the IPO....
November 9, 2021

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