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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...
...Last month, ProPublica, a non-profit investigative group, revealed that Clarence Thomas, the most conservative justice, had taken millions of dollars in hospitality from Harlan Crow, a Texan billionaire....
...Meta, the earliest mover among the Big Tech groups, has seen its value almost double since detailing its job cuts in November....
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...Ruth Porat, the newly-appointed president and outgoing chief financial officer at Alphabet and Google, said the performance reflected “the impact of customer optimisation efforts”, as clients look to bring...
...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....
...Ruth Colp-Haber of Wharton Property Advisors, whose group advises companies on leasing, said the building lacked the most modern amenities but still appealed to smaller tenants, in particular, who appreciated...
...At Ruth’s inquest, the coroner said the inspection had “lacked fairness, respect and sensitivity”....
...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....
...Ramki Muthukrishnan and Ruth Yang, who cover leveraged finance for S&P, agree this is best understood as the gradual restoration of competition, rather than banks surging into the lead....
...Ruth Chambers, senior fellow at Greener UK, which represents 10 of the UK largest conservation groups, says: “The forthcoming consultation on chemicals regulation is a chance for ministers to show the environment...
...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....
...Ruth Rogers, owner of the River Café, said King makes venues that “you simply want to go — whether it’s to sit for five minutes or five hours”....
...Porat will oversee investments around the world as well as in the company’s “Other Bets” portfolio, which includes the driverless car group Waymo....
...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....
...Some have noted that other justices, including the late Antonin Scalia and Ruth Bader Ginsburg, had taken trips subsidised by wealthy businessmen, donors or universities....
...The group last month reported a record net loss of Rmb48.9bn ($6.7bn) during the first six months of this year....
...But consumer-facing sectors, such as retail and hospitality, continued to struggle....
...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....
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