… under planning or construction, accounting for 22,000 additional rooms, according to a Deloitte-STR report released in May. Of these, the upscale segment comprises 16 hotels with 6,200 rooms, and the luxury segment has 14 properties with 4,200 rooms.

(KKR)'s spurned $2.9 billion offer for Treasury Wine Estates Ltd., owner of the acclaimed Penfolds label, raises an intriguing question: How does a publicly traded vintner juggle quarterly earnings targets with producing some of the world's finest …

Treasury wine estates, the world's No 2 wine company, last year purchased Tasmania's White Hills vineyard. The move was a geographical hedge as well as part of its strategy of owning or controlling vineyards that supply grapes suited to its luxury wine …

The project stalled and the council's decision, made public on Saturday, is to return the area back to its original rural resource zoning. The Canterbury Mortgage Trust is mortgagee for two companies, Central Otago Pinot Noir Estates Ltd and Thyme …

Now an $85 million retirement community that will feature several levels of care and luxury amenities is nearing completion at the site. The $50 million final phase of Hillcrest Country Estates retirement campus, the Grand Lodge, is under construction …

Luxury property rental specialist Elysian Estates has announced the addition of a spectacular new property, set in 1,000 acres of stunning Herefordshire landscape, to its already impressive portfolio of properties. Whitney Court, an Edwardian manor …

Barratt and Ward plan to build 675 housing units—including 400 luxury homes—and 70,000 square feet of commercial space. Only 25 percent of the development—168 apartments— will be “affordable.” Of these 60 percent will be affordable rent and 40 …

A world cuisine restaurant and luxury guest rooms in an old abandoned house, and a battery that backs it, was the vision and the challenge. "There were a lot of times TCC did not seem possible," admits Megha. Restoring a colonial era edifice dating …

MSM Luxury Estates in Beverly Hills, for example, opened an office in Hangzhou last year to better reach new customers. So far, said chiefeExecutive Moe Abourched, it has done quite well. “We're seeing more of an influx all the time,” he said …