The Rezidor Hotel Group announced the Radisson Blu Resort, Tsinandali in Georgia, the company’s most important development market. The Radisson Blu Resort, Tsinandali joins Rezidor’s Radisson Blu Iveria Hotel in Tbilisi, and the Radisson Blu Hotel, Batumi on the Eastern shore of the Black Sea. The new property will feature 100 rooms and is scheduled … Read more
All sectors of the global luxury market are forecasted to grow in 2012, reinforcing the organic growth of 2011. China is the fastest growing market, accessories the best performing categories. Leather goods, Shoes and Accessories and Hard Luxury (Jewelry Watches) are the sectors with the highest expected growth ratio, according to Altagamma Foundation, which monitors … Read more
New L2 Study Ranks Digital Competence of Over 100 Iconic Brands in Brazil, Russia, and India L’Occitane ranks #1 in both Brazil and Russia, and Westin Hotels & Resorts leads in India in the new L2 Digital IQ Index: Brazil Russia India. The Index, the first study of its kind, measures the aptitude of over … Read more
When MasterChef put Mauritius on the foodie map, Michelin-starred chef Angela Hartnett decided to investigate. Lucy Cavendish went along for a taster
Strong first quarter: Daimler increases Group EBIT to €2.1 billion Daimler AG achieved EBIT of €2,130 million in the first quarter of 2012, which is slightly higher than the high prior-year level (Q1 2011: €2,031 million). Net profit increased by 20% to €1,416 million (Q1 2011: €1,180 million). “We have started the year with a … Read more
BMW sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter. The BMW Group sold more vehicles in March than in any other month in its history. The company sold a total of 185.728 BMW, MINI and Rolls-Royce vehicles in the past month, not only significantly exceeding … Read more