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InterviewAirbnb Inc
Airbnb boss lays foundation for longer-term rentals
...His vision for a renewal of Airbnb’s business model comes as the technology app faces pressure from policymakers worldwide over depleting housing stock in major cities....
October 4, 2023
Netflix Inc
Netflix to revamp advertising strategy to lure brands and boost revenues
...Netflix was a prominent presence at the vast festival of advertising in its first year at the event, hosting a party in a branded hotel on the seafront and an event with ex-footballer David Beckham....
July 3, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexTravel & leisure industry
Long-stay hotels: ‘bleisure’ islands yield treasure for dealmakers Premium content
...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....
October 24, 2023
Choice Hotels International Inc
Choice Hotels launches $10bn hostile bid for rival Wyndham
...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...
October 17, 2023
HTSIHTSI autumn travel special
Sonia Cheng: ‘The key is to design a hotel that doesn’t feel like a hotel’
...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....
October 25, 2023
Medical science
Alphabet’s Verily seeks to eradicate dengue in Singapore
...Companies, including resorts and hotels in hot, tropical locations could eventually be customers of the tech — though concerns remain about environmental impact, with the insects being pollinators that affect...
January 8, 2023
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Vail Resorts Inc
Vail to buy Switzerland’s Crans-Montana ski resort in $136mn deal
...Crans-Montana will join an extensive portfolio that includes Vail Mountain in Colorado, Whistler in British Columbia and three resorts in Australia, together with the RockResorts hotel brand....
November 30, 2023
LexTravel & leisure industry
Choice/Wyndham: checking in on budget hotels Premium content
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
October 17, 2023
TikTok Inc
TikTok slashes global revenue targets by at least $2bn
...The company has hosted several events around the world, flying teams across continents and hiring out luxury venues and hotels....
November 9, 2022
Melco Resorts & Entertainment Ltd
Hong Kong casino tycoon considers Macau move to avoid US delisting
...Its properties include the City of Dreams resort and casino in Macau, which includes the Morpheus Hotel designed by Zaha Hadid Architects. It raised $1.1bn when it listed on Nasdaq in 2006....
August 2, 2022
Scoreboard
Roger Federer’s lesson for Tiger Woods Premium content
...The Trump family’s luxury Scottish golf resort made its first profit since the acquisition almost a decade ago....
January 13, 2024
Travel
43 holidays to take in 2024
...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...
December 30, 2023
Private equity
VMware’s $92bn sale showers cash on Michael Dell and Silver Lake
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
November 29, 2023
HTSI
12 things to see, buy and eat in March
...Kira Richards Matthew Wong | Vincent van Gogh: Painting as a Last Resort is at the Van Gogh Museum, Amsterdam until 1 September...
March 7, 2024
Japanese business & finance
Japan’s stock market is back after 34 years but the country is deeply changed
...The average age in the country was 37.2, and Japan was in a boom of karaoke parlours, bowling alleys, racecourses and resort hotels. The best golf courses were charging $2.6mn for membership....
February 22, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Brookfield Asset Management Inc
Brookfield puts UK holiday resort Center Parcs up for sale
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
May 15, 2023
InterContinental Hotels Group PLC
InterContinental Hotels predicts full travel recovery by 2024
...The rise in profits can be attributed to higher room rates worldwide, he said, but especially in the US, as hotels have put up prices in response to high demand....
February 21, 2023
The Trump machine
The Trump machine: the former president’s dash for campaign cash
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
April 2, 2024
Travel
Four years after it was razed in a bushfire, Australia’s Southern Ocean Lodge is reborn
...I’m trying to guess where John Hird was when Southern Ocean Lodge, the multi-award-winning resort he manages on Kangaroo Island, burnt to the ground during Australia’s Black Summer of wildfires in 2019-20...
December 12, 2023
Due Diligence
M&A giants debate Elon Musk’s war on Delaware Premium content
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
March 8, 2024
HTSI15 travel destinations to book now
Finding the sweet spot in Crete
...Ammos Hotel; Kapsaliana Village Hotel. Next spring the Domus Blanc, sister property to Domus Renier will open in a historic villa in Chania...
October 20, 2023
Travel
From an Egyptian oasis to a yurt in Tromsø: travel writers’ discoveries of 2023
...Sonu Shivdasani and Eva Malmstrom, founders of Six Senses Resorts, opened Soneva Fushi in 1995....
December 9, 2023
Vail Resorts Inc
US skiing juggernaut Vail Resorts sharpens edge over smaller rivals
...It is also better positioned to withstand what may be the biggest threat to ski operators worldwide: climate change....
February 11, 2023
The Week Ahead
Earnings season peaks while ECB and Israel set interest rates
...& Resorts Q3 Thursday Bank of England deputy governor Jon Cunliffe to speak at Economics of Payments conference in Washington EU: European Central Bank monthly interest rate decision US: Flash Q3 GDP...
October 22, 2023
John Gapper
We should force companies to be honest about their hidden fees
...Similarly, it is clearly irritating for consumers to book a US hotel at one price and find its mandatory “resort fee” tacked on to the checkout bill, but it is a worthwhile gambit for the hotels themselves...
February 10, 2023

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