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Saturday, December 21, 2024

With 1% Equity Pledge, Airwallex is Helping Shape the Future of...

Airwallex, an Australian-founded financial platform, has taken a bold step to foster innovation and support entrepreneurs worldwide with the launch of the Airwallex Impact program. Committing to donate 1% of its equity—currently valued at over $56 million—the company is joining the Pledge 1% movement, ensuring that a significant portion of its success will contribute to long-term social good...

Groupe ADP Acquires Luxury Terminal Operator PS

Luxury terminal operator PS, renowned for redefining commercial air travel, has entered a transformative phase with its acquisition by Groupe ADP, a global airport operator managing 26 airports worldwide. Founded in 2017, PS revolutionized the travel experience at Los Angeles International Airport (LAX) and Hartsfield-Jackson Atlanta International Airport (ATL), offering exclusive private terminals for commercial flyers...

Evolving Luxury Travel Trends for CEOs in 2024

Luxury travel undergoes modifications to accommodate the sophisticated preferences of affluent individuals, particularly CEOs. Key themes that address the nexus of personal renewal and company efficiency include sustainability, cutting-edge technology, and wellness-focused events. Eco-conscious luxury is a significant draw, with affluent travelers seeking immersive experiences that align with environmental values...

Holbox: LA’s Michelin-Starred Mexican Gem

Holbox, a Mexican seafood restaurant in South Los Angeles, has earned a Michelin Star, becoming the city’s only Mexican restaurant to achieve this honor. Founded by Gilberto Cetina in 2017, Holbox operates within the Mercado La Paloma, far from the typical fine-dining setting. Cetina’s passion for cooking, deeply rooted in his Yucatán heritage and enriched by Southern California’s vibrant seafood, has shaped Holbox into a unique culinary destination...

Nocturne Expands Luxury Villa Portfolio in the Caribbean

Nocturne Luxury Villas has further solidified its presence in the high-end vacation rental market with the acquisition of 140 premium properties from Grand Cayman Villas and Condos. This expansion aligns with Nocturne's strategy of growing its portfolio in key luxury destinations across North America and the Caribbean, which already includes Florida's Panhandle, the Baja Peninsula, St. Barts, and Telluride, Colorado...

Hilton Expands Footprint in Mexico with The Sens Cancun Resort

Hilton, a global leader in hospitality, has signed a franchise agreement to convert The Sens Cancun Adults Only All-Inclusive Resort into Tapestry by Hilton, marking one of over 10 new deals the company has secured in Mexico this year. Scheduled to open in 2026, the resort is located in Cancun's hotel zone, nine miles from Cancun International Airport, and offers breathtaking views of Playa Langosta...

Adyen Supports Spanish Flood Relief Through Matched Donations

Adyen is stepping up to support those affected by the recent devastating floods in Spain through a powerful relief campaign. As part of their ongoing commitment to helping communities in crisis, the company has activated an emergency appeal to raise funds for the Federación Española de Bancos de Alimentos (FESBAL), a key organization providing critical aid...

Luxury Travel Market Growth Surges

The global luxury travel market is projected to reach $1.65 trillion by 2031, growing at a robust compound annual growth rate (CAGR) of 8.9%. This growth is fueled by rising disposable incomes, especially among high-net-worth individuals in emerging regions like Asia-Pacific and LAMEA...

The Reserve at Grace Bay Unveiled

Beach Enclave Turks and Caicos has introduced The Reserve at Grace Bay, an enclave of three ultra-luxurious villas set along the sunset-facing shores of Grace Bay. Spanning five acres, the villas range from 9,424 to 10,696 square feet, offering a modern design that harmonizes with the natural environment. Two villas will open in November 2024, with the third slated for Q1 2025...

Massimo Bottura Debuts Italian Dining Restaurant in Miami

Chef Massimo Bottura has launched Torno Subito, his first solo project in the United States, located on the rooftop of Julia & Henry’s food hall in downtown Miami. This casual-yet-refined Italian restaurant is a sibling to its Michelin-starred counterpart in Dubai and blends the retro charm of Italy’s Riviera with the vibrant culture of South Florida...

Popular Articles

The Top 25 Hotel Executives of 2023

Lodge + Dine is pleased to announce The Top 25 Hotel Executives of 2023. We recognize the outstanding achievements of these leaders who are at the highest levels of the hospitality industry. Despite the many titles that can be found in this year's list – whether it be CEO, president, or founder – all of these exceptional individuals are responsible for overseeing the overall business strategies for some of the most respected names in the world of luxury hotels...

The Top 25 Hotels and Executives of New York for 2023

Lodge + Dine is pleased to announce The Top 25 Hotels of New York for 2023. No place epitomizes luxury like the Empire State. Its iconic metropolis, New York City, or the Big Apple, stands as a premier destination for those seeking a myriad of upscale accommodations. In Manhattan alone, the area boasts hundreds of hotels catering to diverse and discriminating tastes. Ranging from timeless classics to avant-garde modern establishments, these accommodations are celebrated for their sophisticated lounges offering panoramic city views, indulgent spas, high-thread-count linens, and exquisite five-star dining experiences...

Hospitality Sector Sees Signs of Decelerating Growth

Quarter to quarter the traffic to hotels on a global basis varies but generally we have seen a positive trend indicating a vibrant and...

The Leading Northeast Ski Resort Is In Stowe, Vermont

While many travelers flock out west for traditional ski trips and winter vacations, those looking for a more intimate and tailored experience know to head Northeast to Spruce Peak in Stowe, Vermont. A destination for all seasons, Spruce Peak is the perfect home base for all your adventures...

Ian Schrager Succeeds With Latest Venture, Kind Of

It’s been four decades since the days of Studio 54 and since then Ian Schrager has successfully evolved into a multifaceted creative and business...

II San Pietro Di Positano, A Jewel Of Italian Hospitality On The Amalfi Coast

Il San Pietro di Positano is a family-run Relais and Chateaux property, nestled in the cliffs overlooking the bay of Positano and located a few miles’ shuttle-ride away from town. The property is at one with its natural environment, surrounded by lush greenery and stunning panoramic views.

Iconic Ritz Paris Is Rejuvenated

The only true constant is change and when the hotel world around is abuzz offering greater luxuries, pristine accommodations and highly personalized customer service, it’s hard to imagine that a hotel founded in the 1800’s could still command the respect from all its peers. Such is the case with the Ritz Paris. Undoubtedly its location in central Paris and unmistakable architecture have made it a big draw for movie settings, photographs and other big events...

Inspirato Expands Luxury Travel Market with Innovative Membership Model

Inspirato, renowned for its exclusive approach to luxury travel, in its 13th year, has achieved profitability, bolstered by a $25 million funding round from Capital One in October 2023. The company targets affluent clients, with over half of its members earning more than $500,000 annually...

Leading Hospitality Staffing Company Sold By Family Office

Littlejohn Capital, a family office owned by Angus C. Littlejohn Jr., the co-founder of Littlejohn & Co., recently announced the sale of its portfolio company Hospitality Staffing Solutions. CEO of HSS Tim McPherson stated, "As a recognized industry leader offering the highest quality of staffing and related managed services, we enable our hospitality partners to focus on their core business...

Rosewood Brand and Presence Becomes More Prevalent

Rosewood Hotels & Resorts was acquired by the family of billionaire Henry Cheng in 2011 for $229.5 million and since then the company has...