But this is judgment passed in haste. For the fact is that there is another, more conformist time, and that is the present.
Thursday, October 18, 2007
Boutique Hotels: Vive la Différence
Friday, September 28, 2007
Dubai Government Firm Buys NYC Hotel
The $340 million purchase of the Mandarin Oriental, part of the Time Warner Center on Manhattan's Columbus Circle, adds to the growing U.S. real estate portfolio held by the Arab world's financial powerhouse.
The purchase by Istithmar PJSC, the Dubai government's holding company, was announced Sunday.
Istithmar's New York properties include the W Hotel on Union Square, the Knickerbocker Hotel on Times Square and commercial buildings at 280 Park Avenue, 230 Park Avenue and 450 Lexington Avenue. The firm also owns the Hotel Washington in Washington D.C.
"We're building a portfolio of both luxury and budget hotels in key target markets around the world," said Joe Sita, chief executive of Istithmar's hotels group.
Saturday, September 15, 2007
Dominican Paradisus Palma Real Resort enters world luxury hotels list
Saturday, August 18, 2007
Disney to add resort
The Toronto-based luxury hotel chain is part of two expansion plans that will take eight to 10 years to fully develop and will include single- and multifamily vacation homes, fractional ownership homes and a 450-acre retail, dining and lodging district, said Meg Crofton, Disney World's president.
The number of jobs the two developments will bring to the area is unknown, Crofton said. Disney currently has 60,000 employees.
Four Seasons, with 74 hotels in 31 countries and two locations currently in Florida, will anchor a 900-acre development which already houses two golf courses.