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...Accor has made a push into more upscale hospitality in recent years....
...But luxury hospitality moves fast. “My goal is to be a purpose-led luxury lifestyle brand,” she declares. “When people ask me, ‘Who are your hotel competitors?’...
...Among its past investments are the Chuck E. Cheese restaurant chain....
...The hospitality industry, so often a template for residential trends, has picked up on this with the concept of nature-immersed landscape hotels....
...Through its majority ownership of Legends, the concessions and hospitality company, Sixth Street has a view into the operations of many of sport and entertainment’s top stadiums and arenas....
...Investment Exchange....
...Punch Pubs has been bought by SoftBank-backed Fortress Investment Group for about £1bn, marking the latest in a string of private equity deals in the UK’s struggling hospitality sector....
...It is still a grim time to be in hospitality after stringent lockdowns and international travel bans slashed demand....
...“The Conservatives are handing out eye-watering sums of taxpayers’ money to management consultants, every penny of which means less investment in the frontline staff who keep our NHS going,” said Wes Streeting...
...In early March, Hertz had selected an offer from private equity firms Knighthead Capital and Certares Opportunities LLC in which the firms had agreed to lead a similar multibillion-dollar investment in the...
...The San Francisco-based investment group has agreed to take a majority stake in Legends Hospitality, the global concessions and in-venue experience company co-owned by two of the wealthiest franchises in...
...Klein and his investment group still stand to profit from the deal with a promote worth close to $90m....
...Blackstone called the deal “a very small investment”, which already had problems before Covid-19 shut much of the hospitality sector down....
...Colony Capital, the real estate investment group founded by Tom Barrack, said its portfolio companies had defaulted on $3.2bn of debt secured by hotels and healthcare-related properties....
...Last month, Silver Lake invested in Expedia and Airbnb, which have both been hit by strain in the travel and hospitality industries....
...“While the current environment is clearly a difficult one for the hospitality industry, the desire to travel and have authentic experiences is fundamental and enduring,” Egon Durban, Silver Lake co-chief...
...Investors have homed in on SoftBank’s Vision Fund and its bets on cash-burning start-ups such as the food delivery company DoorDash and Indian hospitality group Oyo Hotels....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...So did Veritas Capital, which is where chief executive Ramzi Musallam set up shop after spending part of his career working for noted investor and hospitality heir Jay Pritzker....
...Mr Edens of Brightline hailed Virgin’s “respected and trusted brand” in travel and hospitality, saying the two companies shared a focus on customer experience and a culture of innovation and disruption....
...Is golf an attractive investment opportunity or should it remain simply a leisure pursuit? Please tell us what you think in the comments section below....
..., France, which is owned by Doha-based Katara Hospitality....
...Race promotion makes up another third, 15 per cent comes from advertising and sponsorship, with the rest made up from hospitality, licensing and other sources. Yet the model is under strain....
...“But the challenge will be making a return on investment....
...GGV Capital is a fund manager specialising in US and Chinese investments....
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