W Hotels Worldwide, part of Marriott International, expands its footprint into southwest China with a hot and spicy new addition to its dynamic portfolio.…
Amorepacific signs partnership with China Duty Free Group
Amorepacific said it signed a strategic partnership with China Duty Free Group (CDFG) to strengthen its global presence.…
Dufry sells 10% stake to Alibaba, forms new Chinese JV
Swiss duty-free retailer Dufry announced on 5th October it has entered into a joint venture with China’s Alibaba Group to partner in the Chinese travel retail market and boost its digital technologies…
Four Seasons Hotel opens in Tokyo, Japan
Rising above Tokyo’s oldest neighbourhood and just steps away to the Imperial Palace, Four Seasons Hotel Tokyo at Otemachi is now open.…
Korean Air to sell its catering and duty-free business
Korean Air, Korea’s biggest carrier, said it will sign a deal soon to sell its in-flight catering and duty-free business to a homegrown private equity fund amid the growing impact of the coronav…
South Korean airlines may face financial crisis
South Korea’s domestic airlines are facing increasing concerns that the airline industry’s financial crisis could worsen as the second wave of COVID-19 infections spreads quickly around So…
MONARQ Group announces partnership with Fluère Drinks
Fluère Drinks, creator of Fluère – spirito non alcolico, has announced a partnership with independent drinks distributor, MONARQ Group.…
Dufry to acquire remaining equity interests in Hudson
Dufry has announced it has fully acquired its American retailer Hudson, with a purchasing agreement that will see Dufry acquire all the equity interests in Hudson it does not already own for US$7.70 p…
Higashiyama Niseko Village to open in Japan
Higashiyama Niseko Village, a Ritz-Carlton Reserve, will make its debut in Niseko, Hokkaido on 15th December 2020.…
Sydney Airport provides rent waivers for retail and property tenants
Sydney Airport provided US$37.9 million worth of rent waivers to retail and property tenants from April to June, or 62% of contracted rents by value in the period (71% in retail alone).…