Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Giambattista Valli announced debut Milan flagship store. Italian designer Giambattista Valli is turning his eyes to the Italian fashion capital of Milan. With with two stores in Paris, Giambattista Valli’s first Italian store is located on 12 via Sant’ Andrea, at the ‘Quadrilatero della moda.’ The 130 sq m flagship on the luxury fashion district … Read more
Best Countries for Business: Forbes Magazine names Ireland as Best Country for Business. Ireland secured the number one spot in Forbes’ eighth annual Best Countries for Business list for the first time. Ireland’s pro-business environment and soaring stock market bumped up its ranking from last year’s sixth place. Forbes grades 145 nations in the following … Read more
Two distinct all-inclusive resort brands were opened by Hyatt luxury hotel group, owner of over 500 luxury hotels worldwide, in Mexico. According to Hyatt, the company aims to become an innovative actor in the luxury all-inclusive segment. The new “all-inclusive” packages will offer more flexibility and personalized services than in a typical resort in … Read more