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...Proprium Capital Partners, a real estate private equity group, has sold back its 35 per cent stake in Motel One to the company’s majority shareholder, One Hotels & Resorts, according to a statement on Tuesday...
...of last resort....
...costs for new resorts....
...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....
...Hilton Hotels and Wyndham Hotels & Resorts were each down about 2.7 per cent....
...Trump Turnberry in Ayrshire, which features three golf courses and a century-old hotel, was bought by the Trumps for a reported $60mn in 2014 but had never since made a profit....
...Crans-Montana will join an extensive portfolio that includes Vail Mountain in Colorado, Whistler in British Columbia and three resorts in Australia, together with the RockResorts hotel brand....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...Next up is the Regent Shanghai on the Bund, a new 15-storey tower on the site of what was the Shanghai International Seamen’s Club and Seagull Hotel, where the Huangpu river meets Suzhou Creek....
...Today’s best-known fictional GM is perhaps Armond, the hapless manager of the White Lotus resort in the first series of the hit TV show....
...Just outside Bangkok, Rakxa wellness retreat has partnered with nearby Bumrungrad International Hospital to up the ante on its holistic offering....
...Aman now has 35 hotels, resorts and residences in 20 countries....
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
..., one of the Crans-Montana area’s 11 communes, where the international school is based....
...Choice Hotels International has launched a nearly $10bn hostile bid to acquire rival Wyndham Hotels and Resorts....
...The FBI is investigating a “cyber incident” at MGM Resorts International, as guests at one of the world’s largest casino operators struggled with digital room keys and reservations, and some slot machines...
...“Over the last year or two, it has become clear to the Hotel Chocolat directors that achieving this [international growth] potential will require substantial investment and time,” the company said in a stock...
...A few minutes after leaving metropolitan Zürich, you arrive at a place that has the look and feel, as well as the facilities, of a mountain resort....
...Last week, for example, US budget hotel operator Choice made a $9.8bn public approach for rival Wyndham Hotels and Resorts after the latter broke off merger talks....
...Keith Rodgers, managing director at real estate company Taiga, says the market is also moving higher end, with a profusion of luxury hotels and resorts that are expected to open in the next three years....
...The big hotel openings of 2024....
...A cyber criminal gang proficient in impersonation and malware has been identified as the likely culprit for an attack that paralysed networks at US casino operator MGM Resorts International....
...Casino operators MGM Resorts and Caesars Entertainment are the latest high-profile victims....
...The international agency acquired Kassan’s strategic advisory firm MediaLink in 2021 for $125mn from UK-based Ascential, and made Kassan a partner....
...For 20 years starting in 1973, Avoriaz hosted the “Festival international du film fantastique”, and Brémond brought so many celebrities to his new resort, it became briefly known as the “Saint-Tropez des...
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