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...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
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...Brookfield told the FT that no co-investment ever materialised....
...France is famous for many things — its cuisine, luxury goods and art de vivre....
...Almost by accident, the Texan billionaire had become the owner of an 80-year-old hotel at the south-east corner of Central Park....
...Driving south-east down Highway 64 in New Mexico feels like you’re driving through the heart of the American West: dusty, desert scrub stretches out on all sides, with the Sangre de Cristo Mountains looming...
...This week, the man posing as Mr Horobin agreed to meet Mr Block at a hotel in New York. The Financial Times witnessed the meeting....
...Another investment company, Orele Properties LLC, owns a $7m two-bed midtown Manhattan apartment, bought in 2013....
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...Le Grand was bought by Constellation Hotels, part of the Qatar Holding investment vehicle that also purchased shares in Barclays bank and J Sainsbury....
...The sale of the final chunk of De Vere Group will be completed on Wednesday when an American private equity group seals the deal for the purchase of its mid-market Village hotels chain for £485m....
...Constellation Hotels, part of the Qatar Holding investment vehicle that has purchased shares in Barclays Bank and J Sainsbury, has made a binding offer for the five-star hotel, IHG announced on Thursday....
...We were about 30 in one small hotel and we continued to bump into classmates we didn’t even know were in the country as we travelled around....
...Large-scale investment may have come to a pause but Paradores de Turismo is a tanker that takes a while to slow down....
...Accor expects full-year operating profits to remain at 2012 levels as the French hotel group continues to tackle what it described as “a complex environment”....
...InterContinental Hotels has agreed to sell an upmarket London hotel for £302m to a Middle Eastern private investment group....
...Colony, which specialises in real estate investment, favoured splitting Accor into a hotel management company and a hotel property company, similar to the split made by Marriott of the US 20 years ago....
...Within six months of Colony’s original €1bn investment in 2005, Jean-Marc Espalioux quit suddenly as chief executive to be replaced by Mr Pélisson....
...Lloyds has a number of other hotels it is looking to divest, and the sale of Principal Hayley is expected to see the bank appoint advisers to auction De Vere Venues, the conference centre division of De...
...The company has assets under management of $23bn and owns scores of hotels and casinos....
...The northern side of the port is lined with more sophisticated restaurants, including Buffa’s Miramar, and the bijou Hotel de Ville, with a spanking new Pavillon M next door, the temporary booking office...
...Hedge fund investors including DE Shaw and Steve Cohen’s SAC Capital, livid at the board for rejecting a $60 a share offer in 2008, sued Orient-Express in the Supreme Court of Bermuda....
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