CapitaLand’s wholly-owned serviced residence business unit, The Ascott Group Limited (Ascott), has secured a contract to manage a serviced residence property in Vietnam’s third largest city, Hai Phong. Ascott clinched the contract through Thuy Duong Investment Joint Stock Company, an established real estate company with developments across Vietnam’s major cities. The latest addition consolidates Ascott’s [...]
The international airport in Brazil’s largest city, Rio de Janeiro, which won the bid to host the 2016 Summer Olympic Games, will be privatized and modernized to prepare for the Olympics, the authorities said. Rio, which faced stiff competition from Chicago, Madrid and Tokyo, became the first South American city on Friday to be awarded [...]
Rio de Janeiro was named the host city for the 2016 Olympic Summer Games on Friday after an International Olympic Committee vote in Copenhagen. Rio, which faced stiff competition from Chicago, Madrid and Tokyo, becomes the first South American city to be awarded the games. Residents of Brazil’s second largest city streamed out of their [...]
UK, October 2, 2009: Year-to-date August 2009 hotel performance indicators in the UK confirm a minor, yet positive swing, signifying a slowdown in market decline. “These performance indicators have a long way to go before suggesting a recovery, but they are indeed a positive sign. The next few months however will be crucial in determining [...]
Today The Four Seasons Restaurant named New York Times starred Fabio Trabocchi as executive chef. Trabocchi was most recently the executive chef of Fiamma, where The New York Times awarded him three-stars. He has cooked in Milan, Moscow, Marbella and Washington, DC. “After almost a year of celebrating The Four Seasons’ 50 year history, we’re [...]
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