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...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...Mass market purveyors, such as JD Sports and Fraser Group’s Sports Direct, cater to a broader audience — like Nike, whose shoes they sell, these are as much about streetwear as track or gym wear....
...She is not the only one having to reconsider pricing....
...The FTC “is the only regulator that did not approve this transaction, which received required approvals from all other jurisdictions”, Capri said in a statement....
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
...But the climb was manageable, only long and steep and dusty. As we got closer, the trees ceilinged the path, turning the day to dark. The whole walk, we met only a handful of people....
...Hotels were the only part of the market to see a rise in transactions. The sector has enjoyed a post-Covid resurgence in travel that has boosted dealmaking....
...“It is still a great company, but the industry is much more challenging and there is only so much management can do,” said Kernan. “Brands cannot be all things to all people anymore.”...
...Berkshire had struck a deal about six years ago to acquire an interest in Pilot Travel Centers, founded by billionaire James “Big Jim” Haslam II, patriarch of a powerful Tennessee family....
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
...First, only owners of new dedicated holiday lets will need to apply for planning permission once the rules are introduced, which is expected this summer....
...But travel here was across decades as well as mountains....
...For Niel, the rejection of his bid is only the latest episode in a game of cat and mouse that he has played with Vodafone in Italy....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...But through 2022 and early 2023, travel and leisure stocks stagnated as the revenue gains from resurgent travel were already priced in....
...“I’ve received a complaint from a person who is the only full-time resident left in a 12-apartment building — the rest are all holiday rentals.”...
...This compares with global air passenger volumes, which are only likely to exceed pre-pandemic levels this year, according to trade group Airports Council International....
...Salmon is the only analyst to have published his forecasts....
...It caps off a bruising period for Hertz’s majority owners, Knighthead Capital, a specialist in distressed investments, and Certares, a travel-focused private equity group....
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
...Experience-based spending — particularly travel — is holding up....
...L’Appartement is available to visit by appointment only. Word travels via private shoppers and the “dear friends” of Cools’ high-net-worth clients....
...The only option is to renovate an old building, but securing one that can be legally gutted and updated for the luxury traveller is even more difficult....
...Perhaps all this only feels so extraordinary because each of these days, with its spectacular sensory overloads and occasional hard yards, appears to go on forever....
...The trail-running shoes he’s wearing this morning have begun to shear apart at the toes. When the Covid lockdown struck, however, Humphreys devised a new way to sate his appetite for adventure....
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