Luxury Hotel News
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The company behind the UK's first buy-to-let hotel has gone into administration. GuestInvest sold hotel rooms in luxury hotels to investors who had the option of staying in their room for up to 52 nights a year at no or little charge, in addition to ...
Read moreBuy-to-let hotel firm goes into administration - Guardian Unlimited
Every binge has a morning after. As financiers, small business owners, and blue-collar workers wake up to volatile markets and an uncertain economy, some are casting a skeptical eye on the ostentatious wealth and conspicuous consumption that swept ...
Read moreTime to tone things down? - Boston Globe
PRESTON, Conn. - Preston officials say they want to end their exclusive negotiating agreement with the company selected to build a $1 billion luxury resort in their eastern Connecticut town. Preston First Selectman Robert Congdon says negotiations ...
Read moreTalks stalled in Preston luxury resort project - Newsday
SOUTH BARRINGTON, Illinois (Reuters) - Tired of all the grim news about the prospects of a U.S. recession and a bailout for Wall Street? A new luxury movie theater in a well-heeled Chicago suburb aims to help film buffs escape from the dismal ...
Read moreLuxury cinema promises "escapism" in grim times - Reuters UK
NEW YORK— Shares of hotel operators were mixed in the third quarter as investors fled companies most exposed to weakening leisure and business trends for those with more defensive business models. The hotel sector was hurt this summer as consumers ...
Read moreHotel companies trade mixed in 3rd quarter - Boston Globe
You know you are in for an unusual train ride when you are welcomed on board by a man called Attila. And then, while you are relaxing with a drink, you are serenaded by a piano player who calls himself Apollo. This is not your average crew on the 8 ...
Read moreRiding the Danube in a 5-star hotel on wheels - Guardian Unlimited
The Sahara’s 14-story tower rises out of the desert as guests lounge around the pool in this 1960s photo. Real estate developer Del Webb bought the property from Milton Prell in 1961 and orchestrated a $100 million merger between his construction ...
Read moreBeautiful Sahara is Jewel out of fairyland - Las Vegas Sun
THE 2009 Michelin Guide to New York, fatter than ever with 480 pages and out this week, adds four restaurants to the French tire company's two- and three-star categories - and guess what. Two are the sort of plush-hotel eateries beloved by Michelin ...
Read moreMICHELIN GOES FLAT - New York Post
It promised to help investors 'earn money while others sleep', but Guestinvest which launched Britain's first buy-to-let hotel has crashed out. A high-profile advertising campaign and luxury London boutique hotels attracted hundreds of investors to ...
Read moreBuy-to-let hotel firm GuestInvest crashes - This is Money
Dubai’s iconic Burj Al Arab and Emirates Towers will be joined by another iconic building with the launch of Sunland Group’s The Atrium, a Dh 6bn luxury mixed-use development with a highly sculptural glass façade, located in Madinat Al Arab, the ...
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