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Booking Holdings would likely have to pay more than double what it agreed on in 2021 to acquire its partner eTraveli Group. Bloomberg reported that KKR, a private equity firm, became “a significant minor investor” in eTraveli Group this week. Bloomberg cited sources who stated that the valuation was $3.1 Billion. CVC Capital Partners (another private equity company) is the major investor. Amsterdam-based Booking and Stockholm-headquartered eTraveli Group, which powers Booking.com’s growing flights business, agreed to the $1.8 billion deal in 2021, but the European C

Saunas are in vogue. In the US, we’ve finally cottoned on to what the Finnish have known for centuries—that sweating it out makes you feel good. Sauna-stocked spas The clubs are similar to OthershipAds for at-home Saunas are seen on Facebook pages all across the country.Plenty of wellness hotels Saunas have been popularized in many countries for decades. You can choose from high-tech options, like RXV Wellness Village In Thailand, there is a hyperbaric room for skin and tissue renewal, as well as an infrared and cryo saunas for super-fast muscle recovery. There are also the Finnish Many hotels have rooms…

Ruschmeyers, Images Following the relaunch of iconic Hamptons hotel RUSCHMEYERS this past Memorial Day under boutique hotelier Bridgeton (Marram Montauk, Journey East Hampton), the team announces Chef Jordan Heissenberger (Buvette, Walter’s, Rucola, Apollonia) as Executive Chef of the property’s reimagined signature dining concept, The Grill at RUSCHMEYERS. Heissenberger, the executive chef of The Grill at RUSCHMEYERS (an all-day restaurant designed for long, lively dinners that last into the night), leads a seasonal menu and beverage program based on shareable dishes, open air vibes and a menu for connection. Embracing the property’s “mixed media summer grill” concept, Heissenberger’s menu celebrates the East End’s bounty through fire-kissed…

Leather overnight bags offer a level durability, structure and timeless style that is hard to match. The best bags are large without being bulky. They’re stylish and suitable for any environment. And they have thoughtfully designed pockets and features. packing It makes carrying the bag easier. Leather gets better over time when it is made properly. It will soften and maintain its strength while maintaining its shape. In order to identify the best leather overnight bags, we evaluated 50 styles from different brands, price points and silhouettes. This evaluation continued for six months. Each bag was carried and used in…

NEW YORK – Loews Hotels & Co Redefining the hotel beverage industry with Fizz by Loews HotelsThe new program is a soda-centric one, designed for today’s guests. The program is set to launch this summer across the country. Fizz by Loews Hotels Loews hotels offer a variety of refreshing and customizable sodas, spritzers, and other drinks made in-house. While soda has enjoyed a cultural resurgence, there is also a growing interest in drinking mindfully. Fizz by Loews Hotels Loews, the first hospitality company to fully embrace this new trend through a culinary program, has a timely response and is thoughtful.…

Important Points Schloss Bangalore, the parent company of The Leela in Mumbai, has announced a new ultra luxury hotel located in BKC, Mumbai, as part of their expansion after its IPO. The company pursues a multifaceted growth strategy that includes new assets and serviced apartments as well as increased inventory owned by the company. Direct bookings and the MICE segment’s performance are driving strong growth year-on-year in occupancy, ADR and revenue. You can read more about it here: Schloss Bangalore (parent company of The Leela) revealed in its first quarterly report following its IPO plans to build a new ultra…

“I visited San Juan several years ago. Puerto RicoVisit my friend [the director] Ángel Manuel Soto. Rootbeer—that’s my dog—came with me. On New Year’s Day a big group of us went to the beach—I’m intentionally trying to avoid telling you which one. This perfect piece of heaven is something I wouldn’t share with anyone. This makes no sense. The water was perfect, not too cold and there were no rocks so you could touch the floor. I surfed for a while. As a child I was a gymnast, so I’m able to ride a wave with no problem. surfboards are,…

Researchers in Spain are conducting the world’s largest clinical trial on the health effects of moderate alcohol consumption, tracking 10,000 adults aged 50–75 over four years.The study, funded by the European Research Council, aims to provide clear evidence on whether moderate drinking is beneficial, neutral, or harmful—but volunteers must live in Spain to join. Do you like to drink a glass or two of wine at night? If so, scientists in Spain are looking for your help—and will give you free wine in exchange.  In May, The Olive Press Shared the news that researchers from the University of Navarra’s Alumni…

Halcyon House Images This winter marks the major milestone of one of Australia’s iconic hotels. Halcyon House celebrates its 10th anniversary—honouring a decade of reimagining coastal luxury through a distinctly Australian lens. When Halcyon House opened in 2015, it helped usher in a new era of travel—where experience, individuality and design mattered as much as amenities. Set against the stunning backdrop of Cabarita Beach, the 1960s surf motel-turned-boutique hotel immediately stood apart. Halcyon House, with only 22 rooms and a hatted, unique restaurant, became the blueprint for boutique hotels in Australia. Designed by renowned interior designer Anna Spiro, Halcyon House’s…

The State of California has filed a lawsuit in opposition to Airbnb for alleged price-gouging following the Palisades and Eaton wildfires in early January, and for persevering with to incorrectly label pretend or nonexistent hosts and properties as “verified.” The state is searching for to cease Airbnb from price-gouging — elevating rental charges by greater than 10% — in future states of emergency. And it needs to ban Airbnb from participating in allegedly unfair and fraudulent enterprise practices comparable to claiming that hosts and properties are verified when they aren’t. The lawsuit is searching for civil penalties in opposition to…