Today's luxury guest doesn't want to be served – they want to be part of it, and that single shift is rewriting the rules of the market.
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Luxury Hotel Rate Inflation: What Is Driving This Frustrating Trend?
Across the board, we’ve seen a lot of inflation in recent years, particularly since the start of the pandemic. Admittedly inflation hasn’t impacted all parts of the economy equally.
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Lifestyles of the rich and famous: How the ultra-wealthy spend their fortunes
A Patek Philippe wristwatch sells for $17.6 million at auction. Beyoncé and Jay-Z close on a $200 million Malibu compound designed by a Pritzker Prize-winning architect. Ellen DeGeneres flips a Santa Barbara estate for a $26 million profit in under…
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'For a life without boundaries,' promise the makers of the superyacht 'Ulyssia', a planned 1,050ft (320m) vessel bigger than The Titanic that its owners say with 'transform our concept of discovery and home'…
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Epstein docs reveal hotel magnate Tom Pritzker, kin of Democratic Illinois gov
Billionaire Hyatt hotel magnate Tom Pritzker's name turned up in latest Epstein documents - Billionaire hotel magnate Tom Pritzker was among the high-profile names revealed in the public release of unredacted court documents from a lawsuit against…
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Centibillionaire Bill Gates is back in the headlines with his recent acquisition of Downtown Nashville’s Dream Hotel building…
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Owner of hotel that breached planning offers to knock down derelict mansion
The owner of a luxury hotel in Windsor, designed by Glasgow-based architect Unum, which breaches planning conditions, has offered to knock down a derelict house down instead of the hotel…
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MGM casino-resort project in Japan closes certification with signed agreement
MGM Resorts says its plan for a new casino-resort in Japan took another step forward after signing an implementation agreement for the development this week…
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IOI’s Lee brothers join Asian billionaires in S’pore hotel building spree
Lee Yeow Chor and Lee Yeow Seng among at least 10 Asian billionaires investing over RM20.6 billion to build new hotels across the island state…
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Forbes: Asia’s billionaires ramping up hotel investments in Singapore
At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state…
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Real estate mogul Jeffrey Soffer has waited 23 years for this moment. On Dec…
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Netflix Billionaire Buys North America’s Largest Ski Resort
The latest news in the ski world is the marriage of a 21st-century tech billionaire and a troubled ski mountain…
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London’s 7-star gold rush: Doors open on hotel boom worth billions
Starting gun fired this week when the £1.1 billion Peninsula London near Hyde Park Corner is officially launched…
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Mukesh Ambani’s company Reliance Industries has joined hands with the luxury hotel chain Oberoi Hotels, with their new project set to compete with Taj Hotels.Billionaire Mukesh Ambani, in an effort to advance his company’s portfolio, has signed a…
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US billionaire to bring ultra-luxury Baccarat hotel to Australia
SH Hotels & Resorts, the highly environmentally conscious global hotel chain backed by billionaire US investor Barry Sternlicht – founder of Starwood Hotels – has plans to bring its ultra-luxury Baccarat brand to Australia, as part of a major…
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Singapore-based City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—will continue to look for overseas acquisitions even as soaring interest rates are starting to dampen the property group’s earnings…
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