News

Tilman Fertitta in Talks to Buy Caesars for $7 Billion: WSJ

Billionaire Tilman Fertitta has held exclusive talks to buy Caesars Entertainment Inc. for about $7 billion after topping a competing bid from Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter.

Beckons Hotel Brand Launches With Nine Lodges Across Four Continents

Beckons has officially launched, uniting the Baillie Lodges and Tierra Hotels portfolios under one brand. The new luxury hospitality brand debuts with nine lodges in Australia, New Zealand, Chile, and Canada, and plans for further expansion. Each property in the portfolio averages 25 suites.

Capella taps Roland Fasel as its new president

Capella Hotel Group has appointed Roland Fasel as president, effective April 6. Fasel is a luxury hospitality executive with more than 30 years of international experience leading operations at global luxury hotel brands.

Medical travel in India to hit $13B

Medical travel in India is projected to reach $13 billion by 2026, up from $6 billion in 2022, according to Union Minister of Tourism and Culture Gajendra Singh Shekhawat. The growth is linked to India’s clinical capabilities and the integration of modern medicine with traditional wellness systems.

NZ Chefs Back Bold Charity Dining Model with Rescued Food

Auckland food rescue charity Fair Food is launching an intimate new dining series, The Conscious Kitchen’s Shared Table, in collaboration with hospitality stalwart Tony Stewart and some of New Zealand’s leading chefs, who will channel their creativity into menus crafted from rescued kai.

Evolution Investment Fund acquires two London hotels

The newly established Evolution Investment Fund has acquired two luxury hotel developments in Mayfair, London, with a total capital commitment of approximately £1.1 billion, including development expenditure.