Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The Peninsula at a glance. George Gershwin wrote, ‘An American in Paris’ while staying at this Parisian landmark hotel, one of France’s most iconic “grands hotels”. Peninsula Paris will be reopened in August 2014, but the available images show the grandeur of the project and the scale of Peninsula’s grand entrance into Europe. The century-old … Read more
Up to 125 jobs to go at botanic institution after ministers impose £1.5m cuts despite warning of critical impact on research
Fairmont Nanjing Opens Its Doors. The city of Nanjing is one of the fastest growing travel destinations in China. It is no wonder that luxury hospitality chains are hoping to put this area on the map for discerning luxury travelers. Just a few blocks from the Nanjing International Expo Centre and the Olympic Sports Centre, Fairmont … Read more
New boss Godfrey Davis said the company had got it wrong by following its luxury goods rivals in continually putting up prices
Parisian luxury hotel Lutetia to auction furniture collection this May. The historic luxury hotel Lutetia, the Left Bank’s only large hotel and the regular rallying point of artists, designers and intellectuals, closed earlier this month for a three-year renovation, but not before organizing a luxury furniture auction this May. The historic Parisian hotel is giving … Read more
Poveglia, a deserted 7-hectare rock believed to be the burial place of plague victims, to be leased to help pay Italy’s debts