Word: resorting
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...involvement with day-to-day operations. Karl and Theo Albrecht, the secretive German brothers who rank as the richest people in Europe, are withdrawing from the management of their firm, discount retailer Aldi. Sweden's Ingvar Kamprad, who created the IKEA furniture chain, has retired to a Swiss lakeside resort, leaving ownership of his empire to a foundation--and keeping everyone guessing whether any of his three sons will take over the business...
...Temple of the Tooth, which features a relic said to be Buddha's upper-left incisor. To the north stand a 5th century rock fortress and the splendid ruins of two ancient cities. In the central hill country, green tea plantations stretch like corduroy over the slopes surrounding the resort town of Nuwara Eliya (Above the Clouds). A stay at the Hill Club (011-94-52-226-53; $60) will take you back to British colonial days, with white-gloved waiters serving five-course, Western-style dinners (men, wear jacket...
...Hideaway-resort king Adrian Zecha, of Amanresorts, is restoring Galle's 300-year-old New Oriental Hotel, a veritable museum of Dutch-colonial furnishings. He is also creating a beach resort in Tangalla and will no doubt take his celebrity clients with him. If Sri Lanka is calling you, now is the time to make a move...
...Hoteliers have arrived with their eyes on the prize. Resorts are springing up alongside the fish-sauce stalls that line the town's only paved street. While the place may yet become a Phuket or a Boracay, Phan Thiet is currently at the lux-backwater stage, with comfortable hotels that are still relatively affordable. The Victoria Phan Thiet resort offers air-conditioned bungalows, each with a sea view and most with a balcony, for $113-$154 a night; call (84-62) 813 000 or go to victoriahotels-asia.com for reservations. The similarly styled Coco Beach resort, located in the center...
...would like to cash in on the mystique of China Beach, or My Khe as it is called locally, by positioning the area as an escape from modern-day stress. The locale already has some touristy infrastructure in place: a beautiful beachfront, the nearby Marble Mountains, the tony Furama Resort and a Cham historic museum. Still, gritty Danang tends to be passed over by foreigners in favor of the nearby coastal cities of Hoi An and Hu?. The latter's tourist industry is growing at twice the rate of Danang...