British tech mogul among six missing after luxury yacht capsized off Sicily
SicilyRescue teams and divers returned to the site of a superyacht sunk by a storm off Sicily on Tuesday to search for six people, including British technology magnate Mike Lynch, who are believed to still be trapped in the hull,…
New 2,500-room Grand Hyatt project linked to $1.07 billion Orlando sale
Hyatt has officially announced the sale of the Hyatt Regency Orlando to a joint venture of Ares Management and Rida Development. The deal also includes a new Grand Hyatt being built next door. ORLANDO – Hyatt Hotel Corp.’s high-profile sale…
Tapestry quarterly profit exceeds Wall Street expectations despite sales decline
Tapestry Inc. shares rose on Aug. 15 as the handbag and apparel maker’s quarterly results beat Wall Street expectations amid continued weak consumer confidence and inflation fears. To the catwalkCoach – Spring-Summer 2024 – Womenswear – United States – New…
Latest news: Loews Hollywood on the market; Hyatt completes sale in Orlando; Daily rates in the US rise
Latest news on deals, developments, data and more. Joint venture sells Hollywood hotel at a discount. A joint venture of London-based MetLife Investment Management and New York City-based Loews Hotels & Resorts has put its 625-room Loews Hollywood Hotel up…
Quotes of the week: Accelerate female leaders in travel industries, Auberge, STR, Accor
Some of the more notable quotes from this week’s articles include Rachel Vandenberg of Accelerate Women Leaders in Travel, who talks about the need for greater visibility for women at industry events. Quote of the week“Representation is important and visibility…
Next phases of luxury development near Whitefish under review
A luxury estate in rural Whitefish is applying to Flathead County for approval for 24 residential lots in its next phase of development. The Homestead at Whitefish is a 1,400-acre property bordered by national forest on three sides. The four…
The sale of a house in Scottsdale for $17 million sets the price per square meter at
A north Scottsdale mansion sold for $17 million, setting the area’s record price per square foot. Investment advisors, a car dealership manager and a real estate agent were among the buyers and sellers of the most expensive homes sold in…
Nike suspends online sales in Turkey after tariff increase
From Bloomberg Published 12 August 2024 Nike Inc. has suspended online sales in Turkey through its website and mobile app, days after Turkey increased customs duties on online purchases from abroad. Reuters “We cannot guarantee our customers that their orders…
Nike suspends online sales in Turkey after tariff increase
From Bloomberg Published 12 August 2024 Nike Inc. has suspended online sales in Turkey through its website and mobile app, days after Turkey increased customs duties on online purchases from abroad. Reuters “We cannot guarantee our customers that their orders…
LVMH shapes the Olympics: Luxury brands get involved in sports
The Paris 2024 Olympic Games medals will be displayed in a custom-designed case made by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, before…
