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Accor has announced its plans to further expand into the U.S. The recent Treasure Island Las Vegas agreement is a good example of this, despite currency swings dragging down profits in the first half. CEO Sébastien Bazin said the Paris-based hotel company would target U.S. cities where the company can leverage European demand, especially through the lifestyle and luxury brands of its Ennismore joint venture. Bazin stated during the earnings call on Thursday that “we’re going deeper in the U.S.” “You’ll be seeing more of these transactions, probably in some cities targeted where we can add European demand.” Treasure Island…
The historic Convent Garden of the Redeemer, located in Venice, Italy has been officially opened to the general public. The Venice Gardens Foundation has recently renovated the garden over a period of several years. Tickets are required to enter the garden, so visitors should plan their visit well in advance. The “Secret Gardens” of Venice are now open to visitors.Locate on Venice’s Giudecca Island is the ancient island. Convent Garden of the Redeemer The garden has opened its doors to the public officially for the first 500 years. The garden opened in late 2017 after a multi-year restoration of the…
Sonnenblick-Eichner Company The first mortgage loan of $22.6 million has been arranged on behalf Valencia Hotel Group To refinance the Hotel Valencia Riverwalk. A 12-story luxury hotel with 213 rooms on the Riverwalk downtown San Antonio. The Valencia Hotel Collection includes 9,841 sq. Meeting and event space of 9,841 sq. Food and beverage offerings include signature restaurant Dorrego’s; Naranja Tequilla and Mezcal Bar; and Café Naranja. Sonnenblick-Eichner principal David Sonnenblick said, “We received tremendous interest from lenders in this funding opportunity. We ultimately closed a fixed-rate five-year loan that was sized at a low yield on debt for a hotel…
Luis Maroto stated that Amadeus’s partnership with Google Flights will improve the user experience, and strengthen the global reach of its airline technology business. The collaboration — announced in May — integrates Google’s QPX flight offer management system and Google Flights with Amadeus’ airline platform, Nevio. Maroto stated that the partnership will help Amadeus to attract more airline customers during the company’s earnings call for the second quarter. For airlines, it means more control over their commercial strategies.
Reading Time < 1 Then, you can get in touch with us. UAE: Luxury hospitality company Four Seasons Hotels and Resorts will partner with ALAIN, a Abu Dhabi-based asset manager, to launch Four Seasons Private Residences Abu Dhabi on Saadiyat Beach. The completion of the beachfront residential community on Saadiyat Island is scheduled for 2029. The gated community will include 56 ultra-luxury homes, including beach mansions. There are also 60 suites that include penthouses and regal residences. Residents can enjoy direct access to the beach, multiple lounges and pools, tennis courts and padel, as well as spa and wellness amenities…
Canyon Spirit, formerly Rocky Mountaineer, is a luxury train that will elevate rail travel in the American Southwest. Rockies to the Red RocksIt is chartering a stunning new course. In 2026, this acclaimed locomotive’s route will be extended to include Salt Lake City. The original two-day trip to Denver will now become a three-day one. Rocky Mountaineer is the train’s official name, but it’s also known as “The Train” by many. Travel + Leisure The World’s Best Awards, which is held annually, has been voted the best by readers and has even won the accolades of the No. 1 spot…
Images by Stonebridge Stonebridge, an internationally recognized, privately-owned hotel management company based in Denver, has announced the appointment of Rich Cortese to the position of Special Advisor for the Caribbean Region. Cortese will be working with Stonebridge as a strategic advisor, bringing his hands-on expertise in Caribbean operations, development and asset management. Cortese, over the course of his professional career, has managed some of Caribbean’s most successful resorts. He was Executive Vice-President at Caribbean Property Group where he managed a $750million property portfolio including the RitzCarlton San Juan as well as Marriott Aruba and Radisson San Juan. In his early…
With its oil wealth, this overlooked city surrounded by mountains, fjords and mountains has quietly stepped forward into a new cultural era. In true Nordic form, wealth is infused in the angular design, art, and architecture projects that are mainly found along the harborfront. National Museum of Art, Architecture, and Design (Scandinavia’s largest) designed by German architects Kleihues + Schuwerk, and the towering Munch Museum by Spanish architect Estudio Herreros—a skyscraper seemingly melting like the painter’s infamous Scream Just about brushes off the melancholic Norwegian skies.Oslo’s art and culture brief extends to the many festivals it hosts throughout the year,…
The travel & tourism sector witnessed a notable decline in deal activity in the first half (H1) of 2025, reflecting a shift in market dynamics and investor sentiment. The total number of deals (mergers & acquisitions (M&A), private equity and venture financing) announced year-on-year (YoY) fell by around 8% in H1 2025, reveals GlobalData, is a leader in data and analytics. GlobalData: An Analysis Deals Database All deal types covered by the study registered a decline. The number of venture financing and private equity deals registered YoY decline of around 25% and 20%, respectively, during H1 2025 while M&A activity…
Even for seasoned travellers, international customs (and domestic TSA) can cause some anxiety. Will your slices of Italian prosciutto between T-shirts pass through? You might get in trouble if you have a banana at the bottom your carry on. These situations are not only stressful or disappointing, but also funny.When is it less funny? It’s not funny when your prescription medicine is confiscated at customs. It is essential to have these medications on you when you travel, whether you need them for chronic conditions like high cholesterol, ulcerative colitis or an EpiPen. You need to be aware of these tips…