The largest construction company in China, China Railway Group, announced it is in preliminary talks with the South African government to build the country’s first high-speed railway. The landmark project aims to link the major business hub of Johannesburg and the eastern city of Durban, South Africa’s busiest harbor. China Railway has signed an agreement [...]
Headquartered in Tampa Bay, Florida, Caliente Club & Resorts selected SPI Software, a leading technological software development company, to provide the most advanced vacation ownership solution to to its growing portfolio of resorts. “We’re anticipating adding a number of locations,” Steve Dorsey, Chief Operating Officer of Caliente Club & Resorts said. Known for its luxury [...]
The financial crisis that occurred during the past years has had major negative effects on the timeshare contracts. Because of the economic slump experienced by countries all over the world, more and more owners have wanted to get out of their fractional contracts. However, 2010 is seeing a recovering timeshare industry. With signs of expansions [...]
Wynn Las Vegas, the only casino resort in the world to receive the Mobil 5 Star, AAA 5 Diamond and Michelin 5 Red Pavilions awards, recently unveiled its first completely renovated resort rooms that now feature rich new furnishes. Designed by Executive Vice President of Design for Wynn Design and Development, Roger Thomas, the property’s [...]
Not only is he building his own skyscraper: India’s richest man likes buying hotels, too. Mukesh Ambani recently bought a slice of luxury hotelier East India Hotels in a deal worth 10.2 billion rupees ($217 million), snapping up the share from three former stakeholders. The deal allows Ambani’s company Reliance Industries to own a 14.12-percent [...]
The aviation industry is poised to meet the largest airline that will take flight as early as next month, as the US Department of Justice has approved the proposed US$3 billion unification of Continental Airlines and United Airlines. The DOJ approval has made the two airlines surrender slots for 18 daily flights from New York’s [...]
Numbers do talk. Thanks to an upbeat performance for 2010, the Welk Resorts Group managed to triple their loan from Liberty Bank and its exclusive Resort Finance lending correspondent, Wellington Financial. The two financial entities pumped an extra $25 million to the California-based developer, increasing the loan size from an initial $10 million to $35 [...]
Hospitality industry giant Marriott International proudly opens Courtyard by Marriott Shanghai Puxi, the brand’s largest hotel in China, joining the local portfolio that includes the 318-room Courtyard by Marriott Hotel Shanghai Pudong, and the 364-room Courtyard by Marriott Shanghai Xujiahui. “Courtyard is a brand that resonates very well here in Shanghai,” said the company’s spokesperson [...]
A low-cost British airline, Jet2.com announced the upcoming launch of three new routes from Manchester Airport by summer next year. The airline and airport welcomes its first route to Brive (Dordogne). “We are delighted to be able to introduce the new route of Brive (Dordogne) to Manchester Airport, along with two new routes to Cyprus [...]
Travelers can now explore the largest country in South America to discover the fascinating culture and hottest tourist spots, as Star Alliance Brazil Airpass provides a groundbreaking opportunity for travel enthusiasts to indulge themselves in the beauty of Brazil at greater value and convenience. The Brazil Airpass permits tourists to travel across the entire domestic [...]