Maldives National Ministry of Tourism gave green light last for the construction of Water Discus Hotel, a futuristic -looking luxury hotel said to resemble Star Trek Enterprise spaceship discs. The Water Discus Hotel will be located next to ZEN Resort on Kuredhivaru Island, Noonu Atoll and will be constructed by Deep Ocean Technology, a company … Read more
Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more
World’s largest economies in 2020: Euromonitor International’s forecast In 2020, emerging markets will dominate the top five largest economies (China, USA, India, Japan and Russia), acording to Euromonitor International‘s analyst insight “Forecast: WORLD’S LARGEST ECONOMIES IN 2020”. The most symbolic shift will be when China overtakes the USA as the largest economy globally, say the authors of the … Read more
Lincoln, the luxury automotive brand, announced a $1.2 million Lincoln Reimagine Project that will collaborate with, sponsor and support culturally progressive individuals and their vision for making old new again through a celebration of all things reinvented. The Reimagine Project will honor individuals, including innovators, visionary leaders and fellow brilliant artists. Those with projects at … Read more
Luxury revenues grew by 10 percent in 2012 (at current exchange rates), given the strong growth tailwinds present in the first half of last year, according to Bain & Company, the leading advisor to the global luxury goods industry, in the Spring 2013 update to its “Luxury Goods Worldwide Market Study”. All growth estimates for … Read more
The 10 most expensive cities for retailers Hong Kong continues to rank as the world’s most expensive global retail market, recording prime rents nearly 150 percent higher than New York City and more than 400 percent higher than London and Paris, according to new research from CBRE Group. CBRE’s quarterly survey (Q1 2013), which tracks … Read more