The Arizona Biltmore, the historic Phoenix resort that had hosted every U.S. president since Herbert Hoover until Barack Obama broke the streak, has been sold for $403.4 million.
The 740-room resort near 24th Street and Missouri Avenue was sold to New York-based Blackstone Real Estate Advisors, according to public real estate records.
Blackstone, the largest private real estate equity firm in the world, also owns the Motel 6 chain, the Cosmopolitan of Las Vegas hotel tower and part of Hilton Hotels & Resorts. In Arizona, its hotel holdings include JW Marriott Desert Ridge Resort & Spa in northeast Phoenix, the largest resort and second-largest hotel in the state, with 950 rooms.
AC Hotels by Marriott is making its Canadian debut.
The design-led European lifestyle hotel brand from Marriott International originated in Europe in 2011 as part of a joint venture with Spanish hotelier Antonio Catalan. Since then, the brand has been busy growing its global portfolio and now includes more than 120 properties in 15 countries across Europe, the Caribbean, Latin America and North America.
Next time you try to stuff that business class blanket or pillow into your carry-on, just know someone’s probably watching.
This is what I learned while reporting a story recently about how customers are increasingly stealing — and yes, it’s theft — bedding from airplanes. It’s a problem, I have discovered, that has increased as more airlines have upgraded their pillows, blankets, and duvet, often in partnership with name brands like Saks Fifth Avenue, The White Company, and Casper.
The Straits Times
The most famous island resort in the Philippines, Boracay, officially shut its ports and doors to tourists on Thursday (April 26) as it began a six-month cleanup. The exercise will involve tearing down illegal structures, building more sewerage infrastructure and widening a spine road.
“It’s depressing. Everybody has accepted the fact that Boracay is already closed,” Mr Peter Tay, 45, a Singaporean who owns a travel agency on the island, told The Straits Times.
Most of Boracay’s hotels, resorts, restaurants and bars have shut down and sent their employees on leave.