Vail Resorts Closes on Acquisition of Andermatt-Sedrun Sport AG, a Leading Swiss Resort. Vail Resorts Inc. has closed on its purchase of a majority stake in Andermatt-Sedrun Sport AG, a renowned destination ski resort in Central Switzerland that controls and operates the resort’s mountain and ski-related assets including all lifts, most of the restaurants and … Read more
New hotel pays homage to the Austrian capital’s imperial history while offering a modern approach to ultra-luxury hospitality in Vienna. Rosewood Vienna is making its debut as the fifth European property in the Rosewood Hotels & Resorts portfolio and the brand’s first in the German-speaking market. Located at Petersplatz, one of the city’s most famous … Read more
Understanding the value of high-end tourism. High-end tourism, worth up to £30bn to the UK, presents a critically important opportunity to rebuild the post-pandemic economy and support future prosperity across the country, based on a virtuous circle of hospitality, culture, travel and retail. In Walpole’s recent report “What It’s Worth: Enabling The Return Of The … Read more
Fort Partners Acquires Historic Palazzo Marini in Rome. Leading developer closes on the €165 million deal with the intent to develop the property into a luxury hotel managed by Four Seasons. Fort Partners Puerto Rico LLC (Fort Partners), led by Founder and CEO Nadim Ashi, announced the acquisition of the historic Palazzo Marini (3-4) for … Read more
Bulgari Hotels & Resorts has announced plans for Bulgari Resort Ranfushi, to open in 2025. The luxury Resort will be the 13th gem in Bulgari’s hospitality collection. Next opening: Bulgari to open a new luxury resort in the Maldives Bulgari Hotels & Resorts has announced an agreement to open a new luxury resort in the … Read more
Cabot’s first European project, Cabot Highlands, is situated in the Scottish Highlands and will include world-class golf, boutique accomodations and luxury real estate. Cabot, the developer and operator of master-planned golf resort communities, announces the acquisition of Castle Stuart in the Scottish Highlands. The centerpiece of the iconic property, soon to be known as Cabot … Read more