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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...
...The group had already agreed about £930mn of debt deals in the past year, with lenders including Citi, Standard Chartered, Starwood and CBRE Investment Management....
...Italian prosecutors find suspicious that AC Milan’s parent holding company is “based at the same address” as Elliott’s previous controlling company....
...“Get into whatever building management system you have — the air conditioning, the elevators — and shut them down, or say that you will, and the (business) will pay.”...
...Marriott-owned hotel group Ritz-Carlton launched its own luxury cruise liner last year. Luxury resort operators Aman Resorts and Four Seasons have also announced plans to launch their own cruise ships....
...Two resorts in Saudi Arabia, part of that country’s trillion-dollar-plus Vision 2030 development initiatives, will open by 2026, along with a Riyadh hotel....
...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....
...Rival funds from Starwood and KKR continued to limit investor withdrawals as of January, according to public filings....
...During Katharine Hepburn’s 1950 visit, she provided a list of requirements to the management, one of which was that she did not want to eat in the Georgia’s dining room, nor go out to a local restaurant,...
...Dozens of companies are part of the “EHL Alliance”, allowing them to hold recruitment drives on campus....
...Entain’s management also drew criticism from investors for walking away from two takeover approaches from US gambling operators MGM Resorts International and DraftKings, that valued it at a premium....
...Renamed GV, it now boasts more than 400 companies in its portfolio and has some $8bn in assets under management....
...Last year, it bought minority stakes in luxury hotel groups Aman Resorts and Habitas....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...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....
...While takeover premiums this year for public buyouts have typically ranged from 30 per cent to 50 per cent of a company’s share price, Hotel Chocolat was in a unique position....
...Some would be invited to stay with Benko at his chalet in the mountains nearby, or else at the Chalet N luxury hotel Signa owned in Lech, one of the most expensive ski resorts in the Alps....
...Silver Lake, with $101bn in assets under management, is a US private equity firm known for its tech investments....
...ski resorts in the Alps....
...Big read In October 2019 hundreds of wedding guests flew in from around the world to the grandest resort on the French riviera, the Hotel du Cap-Eden-Roc, to witness the marriage of Lars Windhorst to his...
...Underlying operating profit doubled to €977mn (£837mn), with management flagging significant growth for cruises and strong performances across other categories such as hotels and resorts in the fourth quarter...
...Siddiqui was previously an executive at Apollo Global Management as detailed in a 2019 FT Big Read....
...2008 A general meeting will be held in London for Hotel Chocolat shareholders to vote on the proposed acquisition of the company by Mars....
...The stolen passwords and logins were for a system called Okta, made by the eponymous identity management company based in San Francisco, whose software is used by thousands of businesses to verify their...
...For details of all the resort’s hotels, see valthorens.com December A family adventure in Thailand Experience Travel Group’s new “jungle and secret island adventure” takes families off the beaten track...
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