American film and television production & distribution company Paramount plans to create up to 50 hotels and resorts themed around Hollywood and California. The luxury hotels will be focused on ‘elements of the California lifestyle’. The hotels of one of the leading companies in the history of cinema will be centered around the art of … Read more
Pegasus Capital Advisors, a US-based private equity fund manager has entered into a binding agreement to acquire the Bangkok-based ultra-luxury resort and spa business of Six Senses Resorts & Spas for an undisclosed sum. Under the terms of the deal, Pegasus will acquire all of the Six Senses and Evason branded resort and spa management … Read more
Around two-thirds of the most expensive corporate hospitality packages for the 2012 London Olympics have yet to be sold, although organisers said they were confident of finding buyers for the rest despite the gloomy economic outlook. Prestige Ticketing Ltd, the company with sole corporate hospitality rights inside the Olympic venues, said it had sold 30-40 … Read more