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WASHINGTON (dpa-AFX) - Host Hotels & Resorts, Inc. (HST) Tuesday said it has acquired the 444-room Four Seasons Resort Orlando at Walt Disney World Resort for about $610 million in cash.
CEO James Risoleo said, Four Seasons Resort Orlando at Walt Disney World Resort is a truly iconic and irreplaceable property that is well-positioned to benefit from significant demand as the pandemic subsides and the 18-month celebration of Walt Disney World s 50th anniversary begins in October. A strong market leader with a 2019 RevPAR Index over 215, this resort is now Host Hotels highest-ranked property based on 2019 RevPAR and Total RevPAR, and fifth highest based on EBITDA per key.
11 Virtual Travel Experiences You Can Enjoy From Home Share
Countries are increasingly introducing the vaccine passport an app that proves you have been inoculated and are, thus, safe to travel. Created in a bid to bring back the hard-hit travel industry on its feet, the vaccine passport is still in its initial stages and there will be a lot of debates till it, hopefully, becomes widely acceptable. So, reaching the pre-pandemic travel status will take time. But if you still want to take a trip or two without any restrictions and visit some of your favourite destinations, thanks to technology, you can get a 360-degree, interactive virtual travel experience from your home. All you need is a smartphone or laptop and, better still, Virtual Reality (VR) sets.
Forbes Travel Guide Announces 2021 Star Awards
February 17, 2021
Forbes Travel Guide (“FTG”), the only global rating system for luxury hotels, restaurants and spas, has unveiled its 2021 Star Awards, including a number of special accolades for individual workers and brands in the hospitality industry. All honorees are showcased on ForbesTravelGuide.com.
The 63rd annual list features 283 Five-Star, 576 Four-Star and 438 Recommended hotels; 73 Five-Star, 136 Four-Star and 77 Recommended restaurants; and 90 Five-Star and 200 Four-Star spas worldwide. These winners were inspected before the pandemic and when regional restrictions allowed the safe welcoming of guests. Here are some highlights from the 2021 honorees:
Tokyo added four hotels to its Five-Star roster: The Capitol Hotel Tokyu; The Prince Gallery Tokyo Kioicho, A Luxury Collection Hotel; The Ritz-Carlton, Tokyo; and Takanawa Hanakohro. The city now boasts nine Five-Star hotels.
Waldorf Astoria Maldives Ithaafushi Wins Hotel Instagram Of The Year forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.