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Britain falls to second most appealing European country to deploy capital, according to CBRE survey
...“Travel is our sweet spot,” he said....
Vivendi is hoping to fetch up to €300mn for one of the UK’s biggest ticketing merchants
An unwinding of the Ticketmaster deal no longer looks far-fetched
Sales have recovered from the pandemic, but valuations are sluggish
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
...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....
New English rules aim to tackle shortage of affordable homes but short-term letting companies have little to fear
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
Plus, what Elon Musk’s $56bn pay reversal means for Tesla and a telecoms game of cat and mouse in Italy
...But through 2022 and early 2023, travel and leisure stocks stagnated as the revenue gains from resurgent travel were already priced in....
Warner needs sci-fi epic to repeat success of ‘Barbie’ after several flops and big declines in its TV business
...We’ll start with travel, and then down the road we can move beyond travel,” Chesky said. The company is focused on building its offering in countries such as Germany, Brazil and Korea....
Plus, sportswear’s next frontier, why padel is the investor’s favourite pastime, and more
MPs to vote on law that would empower local authorities to set quotas on short-term rentals
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Experience-based spending — particularly travel — is holding up....
Also in today’s newsletter: Taylor Swift’s place in football, golf’s changing of the guard, and more
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...London Gallery Weekend’s partnership with the Art Fund, which includes supporting travel and accommodation for curators from the UK’s regional museums and galleries, added to the event’s appeal, she says...
...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....
Selling players at a profit helps offset the club’s huge wage bill
...The businesses generated massive cash flow from post-pandemic “revenge” travel that propped up broader entertainment conglomerates....
Plus, Carlyle co-founder gets into baseball, football’s transfer market tanks
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