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...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...
...Choice Hotels International has launched a nearly $10bn hostile bid to acquire rival Wyndham Hotels and Resorts....
...“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...
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...The big hotel openings of 2024....
...The international agency acquired Kassan’s strategic advisory firm MediaLink in 2021 for $125mn from UK-based Ascential, and made Kassan a partner....
...The nearest hotel is a Radisson Blu (radissonhotels.com), but the UK’s Tate and the Aspen Art Museum have booked groups of their patrons into Boen Gård, a historic farm-turned-hotel half an hour’s drive...
...Bruno Huggler, the head of the Crans tourism office, said that Vail’s international footprint was “an undeniable asset, notably for the North American market.”...
...Without Airbnb competition, hotels will feel free to raise their rates. Short-term rental costs seem to be drifting up....
...Hinge is performing better, particularly in Europe: “We continue to see Hinge’s international expansion as the most undervalued story in online dating,” says Morgan Stanley....
...The clientele is cool and international and the atmosphere throughout is relaxed, and far less formal than many five-star hotels....
...& Casino and part of the Trump International Las Vegas hotel....
...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...
...The sale comes when high-end decorative art has proved a magnet for buyers: last year’s successes included the collection of Hubert de Givenchy and the contents of the Hôtel Lambert, once also a Rothschild...
...The entrepreneur’s name has emerged in an alleged half-billion-dollar international fraud at commodities group Trafigura, the FT’s Cynthia O’Murchu in London and DD’s Kaye Wiggins report....
...But Forest City says it has completed about 26,000 residential units, with more than 80 per cent sold to buyers from more than 30 countries, while two hotels and two international-standard golf courses are...
...A version of this article was first published by Nikkei Asia on March 23, 2023. ©2023 Nikkei Inc. All rights reserved....
...For a hotel, that might be guests’ passport details; for a spa, it could be customers’ health data; for a manufacturer, it could be intellectual property....
...Letter in response to this article: Overseas M&A forms backbone of Japan Inc / From Kiminori Yamaguchi, Tokyo, Japan...
...Russian hotels branded under major chains including Marriott, Hilton and Radisson can still be booked through the companies’ websites and apps, and using their loyalty points....
...Marriott International, the world’s biggest hotel company by room numbers, is the relative outperformer, falling just 4 per cent....
...Over at Ozy Media, which billed itself as a media company at the forefront of “the New and the Next”, founder Carlos Watson was arrested at a hotel last week on fraud charges....
...London’s Frieze-week auctions of contemporary and modern art fared well as the weakness of the UK’s currency enticed international bidders....
...Schoolchildren in gold costumes, colour-coordinated bridesmaids outside Kigali’s Radisson Blu hotel, the meeting of Rwanda’s new young hopes and its bright capitalist dream....
...A version of this article was first published by Nikkei Asia on March 30. ©2023 Nikkei Inc. All rights reserved....
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