Throughout the Annual Hospitality Conference (@AHCNews), speakers weighed their biggest concerns to drag the U.K. economy and hotel performance throughout the country in the months ahead. bit.ly/4nA9QYa
🚨 THREAD: The future isn't sci-fi. It’s South Korea. 🚨
Globalists say it’s a “model society.”
But behind the K-pop smiles and Netflix polish lies a grim warning:
🧵 What happens when freedom dies quietly—inside a corporate machine.
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After eight years of ownership, Queensgate Investments has sold to Brookfield its 15 European hotels for a price of €776 million ($869 million). bit.ly/44z3wcG
On first-quarter public hotel company #earnings calls, analysts expect talk of an uncertain market, demand softening and stock repurchasing. bit.ly/44IkchM
daa welcomes today’s High Court judgement upholding An Bord Pleanála’s decision to grant permission for the construction of a vehicle underpass at Dublin Airport.
The underpass is needed for growth and the safe and efficient running of the airport as it expands in the coming decades. The underpass will be in the middle of the airfield, underneath the crosswind runway at Dublin Airport, and connect the Eastern Campus with the West Apron.
This will improve access and safety on the airfield, allowing for the segregation of aircraft and vehicles, and the movement of vehicles to the West Apron, which has been restricted since the opening of the North Runway in August 2022. ✈️
Via its hotels division FBD Hotels & Resorts, an Irish-managed farmers’ investment vehicle Farmer Business Developments PLC acquired the 202-room Grand Hotel Malahide north of Dublin for €55 million. bit.ly/40IhxlK
The historic @WaldorfAstoria New York hotel has been closed since 2017 and is slated to reopen in spring 2025. HNN talks with Managing Director Luigi Romaniello on how that process has gone and what he believes will get guests most excited after reopening.
.@LVMH Moët Hennessy Louis Vuitton has announced a minority investment in French boutique hotel firm Les Domaines de Fontenille, which has 11 hotels in France, Spain and Italy. bit.ly/4faazu6
Exclusive: A £70m rescue deal for Harland & Wolff led by Spain's Navantia will see all four of the Belfast-based company's UK shipyards taken over, following months of talks involving government officials triggered by its collapse into administration. news.sky.com/story/navantia…
Exclusive: The stricken Titanic shipbuilder Harland & Wolff is close to being rescued by Spain’s Navantia in a deal worth a headline price of about £70m; a deal could be announced as soon as Thursday, and will include a guarantee to preserve more than 1000 UK jobs. More soon.