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...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
...In August, US president Joe Biden issued an executive order restricting some investment into China’s quantum computing, advanced semiconductor and artificial intelligence sectors....
...Washington on Wednesday announced a ban from next year on some US investment into China’s quantum computing, advanced chips and artificial intelligence sectors....
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
...But new rules unveiled by the Biden administration last year would limit SIG’s ability to invest in Chinese artificial intelligence, semiconductors and quantum computing....
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...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....
...Rao told the Financial Times that the deal would enable GIP “to take infrastructure to the top of the agenda for a wider world of investors and, at the same time, offer current investors a quantum leap in...
...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....
...One year later, it emerged from Chapter 11 at a $7bn enterprise value, higher than its pre-bankruptcy size amid a heated bidding war waged between two private equity groups....
...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....
...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....
...President Joe Biden is preparing to release an executive order that would intensify scrutiny on US companies investing in sensitive sectors in China including microchips, quantum computing and artificial...
...Airbus chief executive Guillaume Faury will relinquish his role as head of the planemaking business to Christian Scherer, current group chief commercial officer, said two people briefed on the situation....
...New job openings were reported across all sectors of the economy from leisure and hospitality to healthcare and professional industries....
...It may encompass businesses active in other forms of social media, artificial intelligence, fintech, quantum computing and ecommerce....
...This included £250mn to invest in artificial intelligence, quantum and engineering biology start-ups....
...The group last month reported a record net loss of Rmb48.9bn ($6.7bn) during the first six months of this year....
...It would also tackle areas such as artificial intelligence, financial technology and quantum computing, which he said have not been adequately covered by the existing authorities of the executive branch....
...When Emanuel’s Endeavor Group first bought into UFC in 2016, the mixed martial arts series had an enterprise value, including debt, of $4.1bn....
...Check out, say, the group One Earth Fund, for one sign of this important trend....
...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....
...“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...
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