Saudi Prince Alwaleed bin Talal said in an interview with Bloomberg TV on Wednesday that he is considering strategic options for Four Seasons Hotels and Resorts and FRHI Hotels & Resorts, including an IPO or merger. Prince Alwaleed is a major stakeholder in each company.
Pinterest has introduced Place Pins, a trip-planning tool designed to combine striking imagery with the utility of an online map that can be accessed anywhere via smartphone and shared with friends. Place Pins also include details such as a place’s address and phone number.
History was created when Lalit Suri Lalit Suri Hospitality Group’s 172-year-old heritage property, which was reopened here on Tuesday, will be open to the public in another fortnight. However, a closer look at the Lalit Great Eastern throws up a question: How did the group get the property so cheap from the West Bengal government in 2005?
The Monarch Group - whose investments span insurance, real estate and hospitality - is ramping up its portfolio with luxury facilities, which will see it spend up to $12 million (Sh1 billion) by August 2014. It has set up Jambo Chester Hotels & Resorts, under which eight hospitality facilities spread across the country and Tanzania will be operated.
After a period of in-depth analysis which began at the end of January 2013 and focused on both the strategic and economic aspects of this investment, EHL is now completing its acquisition of 75% of the SSTH. hotelleriesuisse, the umbrella organisation of the Swiss hotel industry, holds, alongside EHL a minority stake in the capital of the School, which is located in the heart of the Canton of Graubünden.