Per an SEC filing earlier this month, Cascade Investments upped its Strategic Hotels (NYSE:BEE) stake from 21.7mm shares to 25.1mm. It now owns 9.2% of the luxury hotel REIT. This isn't a conventional activist investing story, where Cascade isn't your Goal for the Patina brand is for it to be an “Andaz on steroids.” Billionaire owners the Kwee family also own another four luxury hotels in Singapore. The second Patina hotel will be in the Maldives. SINGAPORE—Patina Hotels & Resorts, which launched SAN DIEGO, CALIFORNIA, Mar 26, 2015 (Marketwired via COMTEX) -- Luxury hotel operator Fairmont Hotels & Resorts is delighted to announce that it will soon take over management of San Diego's top-rated hotel and rebrand it as the Fairmont Grand Del Mar. The Moscow's luxury hotels are profiting at midrange brands' expense as foreign businessmen and tourists trade up following the Russian ruble's fall, according to a recent report by real estate consultancy Jones Lang LaSalle (JLL). High-end hotels saw A research by SweetBeam showed that luxury hotels, in particular, are set to see a rise in European guests during Easter weekend. Visitors from Europe are expected to spend as much as 19 per cent more on in-house restaurants, bars, spas and hotel activities. With a fleet of over 100 luxury motors, the ruler of Dubai is all set to build the world is having the car park built to house up to 114 cars as well as five-star accommodation for chauffeurs and staff. The billionaire will have the car-park built .
You can't, as it turns out, just claim "finders keepers" with someone else's bank account; as a result, the four men received sentences totaling nearly 13 years in federal prison, where you'd suspect they will little in the way of luxury accommodations. Other hotels, thankfully, caught on don't have a clue about their sheets," Tannen says with genuine concern. "Excellent sheets are not a luxury — they are basic, like good underwear," I echo, spewing my mantra about the closer something is to Luxury hotels in Dubai, UAE, are set to see a rise in European guests during Easter weekend, according to a recent report. Europeans staying at Dubai’s luxury hotels and resorts are expected to spend as much as 19 per cent more on in-house restaurants Luxury hotel executives know they have a problem. A pillow menu, gold-plated bathroom fixtures and spacious rooms will not be enough to woo the next generation of the world’s wealthiest clientele. They will be better traveled than their parents and .
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