September 2024 marked the first month&over&month decline in occupancy for Canadian hotels since January of the same year. Despite the decline, specific segments and locations, such as luxury hotels and Nova Scotia, showed strong performance.
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HB Exclusive: Griffin Hotel Management merges into Meyer Jabara Hotels
Griffin Hotel Management LLC, a hospitality company spanning multiple generations, has merged into Meyer Jabara Hotels (MJH). Griffin is transitioning 14 assets to the MJH umbrella, and when combined with other deals currently in the 2024 pipeline, the hotel ownership and management company will reach 50 hotels by Q1 2025. Griffin executives James Kirkland and Jay Fishman are taking on new roles … [Read More...]
France’s top literary prize the Prix Goncourt awarded to Kamel Daoud for ‘Houris’
Kamel Daoud becomes the first author of Algerian descent to win the Goncourt Prize with his novel 'Houris', which is banned in Algeria for tackling the 'black decade' - the civil war that pitted Islamist groups against the Algerian army from 1992 to 2002. France's most prestigious literary prize, the Prix Goncourt, has been awarded to Franco-Algerian author Kamel Daoud for his novel “Houris” - … [Read More...]
How to follow the US election night
If you’re planning to stay up all night to watch the US election results roll in, you’ve come to the right place. From swing states to key result timings, this guide has everything you need to navigate the suspense and stay ahead of the game. Europeans will be hanging onto their chairs tomorrow as Americans across all 50 states head to the polls to elect the next leader of the world’s most … [Read More...]
Ticketmaster and Oasis go up in smoke at UK Bonfire Night celebrations
What do Liam and Noel Gallagher have to do with a failed royal murder? The Gunpowder Plot may have failed, but the Oasis brothers certainly got “fired up” (in a way, at least) this past weekend. Sparklers, mulled wine and standing around an open fire, admiring the night sky adorned with glorious colour – this is what Bonfire Nightis all about. Well, that and burning the likeness of anyone who … [Read More...]
Sage of Omaha Buffett cuts Apple stake, boosting cash holding to record level
Warren Buffett is sitting on more than $325bn (€298.15bn) cash after unloading billions of dollars worth of Apple shares this year while continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without finding any major acquisition. Berkshire Hathaway has revealed it sold off some 100 million more Apple shares in the third quarter after halving its … [Read More...]