How advancements in AI are transforming the guest experience for the hospitality industry
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EU DECODED Will a European rush to rearm be properly funded?
The European Union wants to bolster defence in face of Russia's aggression on Ukraine and growing US demands for greater European financial support for NATO. Since Russia's war of aggression against Ukraine, the EU has supplied much weaponry and logistical support. But the conflict highlighted difficulties in increasing ammunition and weapons production within the bloc.The … [Read More...]
Masahiro Nakai: The alleged sex scandal prompting firms to pull ads from Japanese network Fuji
This alleged sex scandal is another dark chapter for Japan’s entertainment industry, which has not recovered from the Johnny & Associates abuse revelations in 2023. Major Japanese advertisers are fleeing broadcast giant Fuji Television following an alleged sex scandal involving former boy band idol turned TV host Masahiro Nakai.Firms and major sponsors like automakers Toyota and … [Read More...]
APF provide $195M refi for The Beekman, A Thompson Hotel
Access Point Financial (APF), a direct capital provider focused exclusively on the hospitality industry, has provided $195 million refinancing for The Beekman, A Thompson Hotel in New York. Located in Manhattan’s Financial District, the 287-room, luxury lifestyle hotel is affiliated with the Hyatt Thompson brand. The hotel was transformed by GFI from the historic Temple Court building and features … [Read More...]
Meyer Jabara’s Admiral Fell Inn undergoes renovation and rebrand
The Admiral Fell Inn in Baltimore, owned by Meyer Jabara Hotels (MJH), is undergoing a multimillion-dollar transformation. Opening this spring and rebranded as The William Fell, Tapestry Collection by Hilton, the historic hotel sits on Fells Point Square and features waterfront views of Baltimore’s Harbor. This is MJH’s third owned asset in Baltimore, its fifth managed property in Maryland … [Read More...]
Russia's Putin and China's Xi emphasise close relations as Trump's second term begins
Russian President Vladimir Putin had a call on Tuesday with Chinese President Xi Jinping, as both leaders prepare to deal with a second Donald Trump presidency. Russian President Vladimir Putin had a call Tuesday with Chinese President Xi Jinping, emphasising the two countries’ close ties, a day after Donald Trump was sworn in as the 47th US president.The two leaders have developed strong … [Read More...]