Eat earth at Gallery Hotel Art Florence
The new art installation at Lungarno Collection’s Gallery Hotel Art in Florence might be cutting-edge, but its focus actually is on a less incisive utensil — the spoon.
Mandarin Oriental to operate Madrid's Ritz Hotel
In a joint venture with Saudi Arabian conglomerate The Olayan Group, Mandarin Oriental International Ltd is to acquire the Hotel Ritz Madrid in Spain for €130 million (€778,400 per room) from Belmond Hotels and Landis Inversiones. Mandarin will manage the 167-room hotel, which dates back to 1910, under a long-term contract, and Mandarin and Olayan will each hold a 50% share in the property. Following its sale, the hotel, in one of the city's exclusive residential areas, is expected to undergo an extensive renovation estimated to cost €90 million, which will increase the purchasers' total investment in the property to more than €1.3 million per room.
Hotel Indigo for Downtown Los Angeles
IHG (InterContinental Hotels Group), and Greenland USA, a leading developer of residential and commercial properties, announced the signing of the first Hotel Indigo® hotel in the city of Los Angeles, California. The 350-room, 18-story Hotel Indigo Downtown Los Angeles will be the flagship hotel at Metropolis, a more than $1 billion mixed-use development currently under construction. Metropolis will also feature three residential towers and a curated retail experience.
Nobu Hotel for Los Cabos, Mexico
Nobu Hospitality announces Nobu Hotel Los Cabos in collaboration with RCD Resorts, the first-ever Nobu Hotel in Mexico. Scheduled to open in 2017, this upcoming resort will be situated on the shores of the famed vacation hotspot – Cabo San Lucas, Mexico. The 200-room property marks Nobu Hospitality's ninth hotel, and is the second joint property between Nobu Hospitality and RCD Resorts following the announcement of the Nobu Hotel Eden Roc Miami Beach. Nobu Hospitality is a private company owned by Chef Nobu, Robert DeNiro and Meir Teper.