Asian hotel operator Minor has launched a new luxury brand to be rolled out across Asia, Australia, the Middle East, and Africa.
Avani Hotels & Resorts launched last week and is intended to draw heavily on the Minor’s Asian roots, offering a ‘grounded personality’ and ‘a simple sense of style’ — Avani stems from the Sanskrit word for “earth.”
The first outpost for the new brand will open by the end of the year in Sri Lanka as the Avani Bentota Resort & Spa, a beachfront resort in the south of the country.
China, already the world’s second largest bullion consumer, has installed the country’s first gold vending machine in a busy shopping district in Beijing.
Shoppers in the popular Wangfujing Street can insert cash or use a bank card to withdraw gold bars or coins of various weights based on market prices.
Each withdrawal is capped at 2.5 kilograms (5.5 pounds) or one million yuan (about $156,500) worth of gold.
on 27th September 2011 | No Comments »
Italian luxury goods maker Salvatore Ferragamo has launched its first jewellery collection in collaboration with Bulgari.
Ferragamo, which listed in Milan in June a week after Prada debuted in Hong Kong, said it hoped its new collection would help meet demand from fast-growing Asia.
“I think this collection will be successful, especially among Chinese clients”, Chief Executive Michele Norsa told Reuters at the presentation during Milan fashion week.
Kirsty Bertarelli, the richest woman in Britain and her husband Ernesto have bought the biggest motor yacht ever built in the UK, the 315-ft. foot Vava II.
The $160 million megayacht, which now ranks as the 33rd largest in the world, was built by Devonport Yachts in Plymouth and boasts luxury interiors, a helicopter landing pad, lavish guest cabins and four tenders.
Kirsty is a former Miss UK, while her husband is a Swiss pharmaceuticals magnate who has won the America’s Cup twice with his yacht Alinghi and is worth a reputed $10 billion, making him the 81st richest man in the world and the fifth richest in the UK.
The Radisson Blu Aqua hotel in Chicago‘s soaring Aqua skyscraper is to open November 1, the company’s parent Carlson has announced.
Radisson Blu‘s Chicago property, which will be the brand’s first in the US, will feature 334 rooms and suites on the first 18 floors of the 81-storey Aqua Tower.
The hotel marks something of a landmark for Radisson Blu, which is well established in Europe but yet to crack the US market, dominated by upscale competitors such as Hilton and Crowne Plaza.
Construction has started on Beijing‘s tallest skyscraper, set to rise 500 metres and shaped like a vase, the state-owned CITIC group said Tuesday.
The building is the latest in a surge of ambitious construction projects in the Chinese capital, which along with other cities in China is attracting cutting-edge international architects keen to push design boundaries.
A groundbreaking ceremony on the planned 500-metre tall China Zun tower, named after a type of traditional Chinese wine vessel, took place in Beijing Monday.