Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The definitive guide to the state of the superyacht industry. Italy is still by far the number one yacht-building nation, but The Netherlands and Turkey have consolidated their places, according to ShowBoats International magazine’s Global Order Book for 2014, the definitive tally of yachts 80 feet (24 metres) and longer under construction. 735 new yachts … Read more
W Verbier, the W Brand’s First Alpine and Ski Retreat. Starwood Hotels & Resorts luxury hospitality worldwide chain, brought its W brand to Verbier (Switzerland), one of the world’s hottest ski resorts. Owned by Swiss-based Les Trois Rocs, W Verbier and The Residences at W Verbier are part of a multi-component luxury development project situated … Read more
LVMH to Launch LVMH Fundamentals in Luxury Retail: A CPC/Parsons Collaboration LVMH Moët Hennessy Louis Vuitton luxury giant launched an innovative retail education and training program for Chinese-Americans in partnership with the Chinese-American Planning Council and Parsons The New School for Design. LVMH Fundamentals in Luxury Retail: A CPC/Parsons Collaboration is an education program designed … Read more
London (UK), Zurich (Switzerland), Paris (France), and Armação de Búzios (Brazil) are the most sought after locations in the world for investors looking to acquire a hotel, according to LuxuryEstate international real estate agency. Many nationalities are searching beyond their own borders for luxury hotel properties; however, Germany and France tend to look closer to … Read more
By 2017 total passenger numbers are expected to rise to 3.91 billion—an increase of 930 million passengers over the 2.98 billion carried in 2012, according to the prediction of International Air Transport Association (IATA). IATA released its forecast for travel between 2013 and 2017 this week showing that airlines expect to see a 31% … Read more
UK based The Banker magazine awards recognised the top financial institutions that have excelled in the global banking community. The cream of the crop in The Banker Awards 2013 were marked by one global victor and five regional winners. At the awards ceremony in London, Citi was feted as “Bank of the Year.” Citi … Read more