Word: hotelling
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...luxury-lodgings market. Dubai-based Jumeirah has assumed management of New York City's Essex House, and Bombay-based Tata Group scooped up the Pierre. And now Saudi Prince Alwaleed bin Talal al-Saud is spearheading the most recent five-star bid: a $3.9 billion offer by his Kingdom Hotel International and Colony Capital to buy Toronto-based Fairmont Hotels & Resorts. The two companies want to create a $5.5 billion high-end leader, with 120 hotels in 24 countries. Why the interest in prestige North American properties? In part, foreign hoteliers hope to lure nouveau-riche travelers from their...
...lodgings market. Dubai-based Jumeirah has assumed management of New York City's Essex House, and Bombay-based Tata Group scooped up the Pierre. And now Saudi Prince Alwaleed bin Talal al-Saud, below, is spearheading the most recent five-star bid: a $3.9 billion offer by his Kingdom Hotel International and Colony Capital to buy Toronto-based Fairmont Hotels & Resorts. The two companies want to create a $5.5 billion high-end leader, with 120 hotels in 24 countries. Why the interest in prestige North American properties? In part, foreign hoteliers hope to lure nouveau-riche travelers from their...
Indeed, the sensation of not being in Iraq is a key factor in Kurdistan's boom. Almost no Iraqi flag flies, and fewer than 1,000 U.S. soldiers are deployed in the territory. In the lobby of Arbil's only five-star hotel, which is filled with American and European businessmen discussing prospects, the buzz in the crowd has one persistent theme: in the world's most dangerous country, foreign businesses can work safely by basing their Iraq operations in Kurdistan rather than 200 miles south in Baghdad. "For anybody wanting to do anything in Iraq today, the entry point...
...exclusive mountain getaway first opened its doors in 1901, attracting the likes of Russian writer Leo Tolstoy and Albert, King of the Belgians, until its first dark spell, when it was turned into a military hospital during World War I. History repeated itself during World War II, but the hotel rebounded both times. It re-established its place in the winter sun as a dormitory for Winter Olympics athletes in 1956, and prominent guests returned in droves. Lolita author Vladimir Nabokov visited with his butterfly net as his constant companion, to the amusement of fellow residents. When Frank Sinatra...
...Hotel Cristallo's history reads like a rock star's autobiography: there's the sudden success, the fame, the adulation, the troubled times, the seemingly unstoppable decline. And, inevitably, the comeback. Ten years after the Cristallo closed its shutters, the veteran sashayed back onstage, looking more glamorous than ever. That was in 2001, and the luxury five-star hotel in the Italian ski resort of Cortina is still rocking its clientele. "We loved the idea of starting again," says Paola Gualandi, whose entrepreneurial clan now owns the Cristallo. "And Cortina is very popular and upscale?everybody wants to be here...