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☆ Homes on billionaire hot spot Nantucket are falling into the ocean at an alarming rate — but the wealthy won't stop buying
▼ + stars: | 2024-05-24 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +14 min

Over the past two centuries, Nantucket has gone from a whaling town to a hippie refuge to a holiday hot spot for billionaires. "To use a well-worn phrase, come hell or high water, people are still buying multimillion-dollar homes on Nantucket." Between 2030 and 2100, the number of structures exposed to coastal erosion is expected to go from 113 to 860. "Without erosion, this would be an extremely valuable area," Baxter Road resident Joshua Posner told BI. "It's not inexpensive, but it is worth doing," Posner told BI.

Persons: Steve Schwarzman, Eric Schmidt, Barry Sternlicht, Elizabeth Gibson, David L, Ryan, Bruce Percelay, Edward Sanford's, he'd, Percelay, Greg Mckechnie, you'd, Barry Sternlicht's, Suzanne Kreiter, Shelly Lockwood, who's, I'm, Joshua Posner, Jack Welch, Bill Belichick, —, Sanford, Lockwood, Nature, Yorker Brendan Maddigan, Maddigan, Mckechnie, Schwarzman, She's, Posner, he's, Helmut Weymar, Anne Atherton Organizations: Resilience, Business, Boston Globe, Getty, Estate, Nantucket, Coastal, Nantucket's Cisco, Cisco, Beach, Patriots, Yorker, Preservation Fund, Baxter, Conservation, Conservancy, The New York Times, Conservation Commission, Nature Locations: Nantucket, England, Cape Cod, Nantucket's, Madaket, Sconset, Brant, Baxter

☆ How the super rich party at the Monaco Grand Prix
▼ + stars: | 2024-05-24 | by ( Susan Griffin | ) edition.cnn.com time to read: +8 min

British driver Lewis Hamilton of Mercedes looks walks the drivers parade before the Formula 1 Grand Prix at the Circuit de Monaco on May 28, 2023. Here, designer stores, supercars, multi-million-dollar yachts and astronomically priced restaurants are ‘la norme’, but during the three-day Grand Prix, the eye-watering ostentation increases three-fold. Amber Lounge might be one of the most exclusive and expensive events taking place during the Monaco Grand Prix weekend, but Monte Carlo itself is a veritable party hub. “As a former resident, I can tell you there are two sides to the F1 Grand Prix arriving in Monaco. Fans watch the action during qualifying at the F1 Monaco Grand Prix.

Persons: ”, Tom Holland, Lewis Hamilton, Mercedes, Dan Mullan, revel, Cipriani, Sass Café, Max Verstappen, Justin Bieber, Kim Kardashian, Kylie Minogue, Prince Albert of Monaco, Eddie Irvine’s, Sonia, Amber, Lauren Green, Joash Lee, partygoers, Jax Jones, Monte, Bruce Bundrant, ” Bundrant, Ryan Pierse, Green, “ Organizations: CNN, Monaco, Prix, Circuit, Getty, Business Development, AS Monaco FC, “ Locations: Monte Carlo, British, Fairmont, Hôtel Hermitage, Hôtel, Paris, Le Meridien, Monaco, Singapore, Las Vegas, Abu Dhabi

☆ Restaurant Collapse Kills at Least 4 and Injures More Than 20 in Majorca
▼ + stars: | 2024-05-23 | by ( Richard Pérez-Peña | More About Richard Pérez-Peña | ) www.nytimes.com time to read: 1 min

A beachfront restaurant on the Spanish island of Majorca partly collapsed on Thursday, killing at least four people and injuring more than 20, officials said, with others feared trapped in the wreckage. Photos predating the accident showed that the restaurant, Medusa Beach Club, had three levels, with large terraces on the middle and upper floors that were supported by pillars. Video from the state-owned broadcaster RTVE and images from other news outlets appeared to show that at least parts of the terraces had collapsed down to the ground floor, and rescue workers in hard hats and reflective vests were picking through the debris to pull victims out. It was not clear if any of the structure behind the terraces also fell in the collapse, which occurred about 8 p.m. local time.

Organizations: Medusa Locations: Majorca

☆ I was born and raised in Greece. These are the 11 best luxury resorts in the country that are actually worth the money.
▼ + stars: | 2024-05-10 | by ( Fani Mari | ) www.businessinsider.com time to read: +8 min

I'm from Athens, Greece, and I travel around the islands all the time staying at luxury resorts. Some of my favorite spots in Crete are Stella Island Resort and ACRO Suites. And if you're looking for luxury, I've found some of the best resorts in the country. One&Only Aesthesis Resort, AthensOne&Only is a global brand, but the chain's first luxury resort in Greece is located in Glyfada, right by the sea. AdvertisementStella Island Resort, Heraklion, CreteStella Island is an adults-only resort that's great for solo women, couples, or honeymooners.

Persons: Sani, —, I've, Mari, Cavo, Fani Mari, Halkidiki Sani, Milos Cove, Milos, Milos —, Aphrodite, Porto, Sven Hansche Organizations: Service, Delta Air Lines, UNESCO, Cavo, Porto Heli Porto Heli, Porto Cheli Locations: Athens, Greece, Crete, Stella, Mystras, Mykonos, Glyfada, Kea, Antiparos, Heraklion, Crete Stella, Maldives, Agia Pelagia, Kiev.Victor, Zakynthos, Peloponnese, UNESCO, Spetses

☆ $22,000 per week? All-inclusive resorts go big to win over luxury travelers
▼ + stars: | 2024-05-09 | by ( Erica Lamberg | ) www.cnbc.com time to read: +4 min

All-inclusive hotels are making a big play for luxury travelers. In the wake of the pandemic, demand for all-inclusive resorts skyrocketed, according to a report by JLL Research Hotels & Hospitality. It was then that travelers discovered that the all-inclusive resorts of the past — known for bottom-shelf booze and quantity-over-quality dining — had changed. The numbers are even higher in Mexico, where upper upscale and luxury all-inclusive resorts accounted for more than half (55%) of its all-inclusive resorts in 2022. "In addition to elements that you receive by booking an all-inclusive resort, private and additional amenities help to elevate that experience."

Persons: Travelers —, Karina Arguello, Kelly Connor, they're, Saint Vincent, Cooper Organizations: JLL Research, Hospitality, Travelers, Marriott, Hilton, Westin, Casino, Med, AAA Club Alliance, Royal Locations: Dominican Republic, Mexico, JLL, DoubleTree, Maldives, Mauritius, Italy, France, Tignes, Caribbean, New Jersey, Grenadines, Royal Curacao, They're

☆ Atlantis The Royal, Dubai: Inside the Middle East’s ‘best’ hotel
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.

Persons: Swedish House Mafia —, there’s, ”, Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, “, it’s, Estiatorio Milos, Costas Spiliadis, — Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, —, Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai

☆ Hard Rock leans into F1's luxury image, selling $200 baskets of wings at the Miami Grand Prix ($400 for added caviar)
▼ + stars: | 2024-05-05 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewLuxury was on full display during the Miami Grand Prix, especially at the Hard Rock Beach Club, where an order of wings cost nearly $200. The racetrack spans 3.7 miles and is set up around Hard Rock Stadium. Hard Rock International announced its Hard Rock Beach Club in March, writing in a press release that the day club experience overlooked the racetrack and included star-studded performances. AdvertisementScreenshot from the Hard Rock Beach Club website. Qian Jun/MB Media/Getty ImagesRepresentatives for Hard Rock did not immediately respond to a request for comment from Business Insider.

Persons: —, Elon Musk, Jeff Bezos, Ryan Ellis, Ellis, Armand de Brignac, Qian Jun, Adam Minter Organizations: Service, Miami Grand Prix, Beach Club, Miami International, Hard, Business, Beach, Rock International, Beach Club Nascar, nascar, Heineken, Miami, Prix, Getty, Motorsports, NASCAR, Europe, Blackbook Motorsport, Bloomberg Locations: SoFlo, Maine, United States

☆ Why the Miami Grand Prix is the most distinctive race in Formula 1
▼ + stars: | 2024-05-01 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +7 min

The Miami Grand Prix, a unique spectacle in Formula 1, is heading into its third year. Heading into its third year, Formula 1's Miami Grand Prix has made a name for itself as a unique spectacle in the sport. But the logistics' massive scope is just one aspect that sets the Miami Grand Prix apart. The marina at the F1 Miami Grand Prix in 2022. Local flavorThe Miami Grand Prix aims to capture the city's flair.

Persons: —, Todd Boyan, Boyan, Tyler, Ricardo Arduengo, Guenther Steiner, Steiner, Mark PETERSON, Haas, We've, It'll Organizations: Miami Grand Prix, Service, Miami, Hard, Miami Dolphins —, Miami Dolphins, Miami Open, Prix, Tyler Epp, Miami Grand, Epp, . Miami, Monaco, Logistics, Haas, Netflix, Miami . F1 Academy, F1 Academy, Beach Club, cabanas, Art, Paddock Club Locations: Jeddah, Saudi Arabia, Miami, South Beach, Art Basel

☆ Saudi Arabia wants big spenders for the first part of its Neom megaproject
▼ + stars: | 2024-04-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Saudi Arabia plans to open the first part of its Neom megaproject this year. Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai. AdvertisementSaudi Arabia plans to open the first region of its Neom megacity by the end of the year. Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported. A rendering of The Line, part of the Neom project planned by Saudi Arabia.

Persons: —, Neom, roadshows, It's, Marriott Bonvoy, Chadi, MDLBEAST, Kristian Coates Ulrichsen, Saudi Arabia hasn't, Ulrichsen, Saudi Crown Prince Mohammed bin Salman's Organizations: Dubai, Service, Arab News, Marriott, United, Rice, Baker Institute for Public Policy, Emirates, Saudi, Bloomberg, Business Locations: Saudi Arabia, Sindalah, China, Saudi, Vives, Dubai, United Arab Emirates, Saudi Crown, Gulf Kingdom

☆ Forget Mykonos and Santorini, Syros is the best Greek island. Here are 10 of my favorite things to do there.
▼ + stars: | 2024-04-25 | by ( Joanna Kalafatis | ) www.businessinsider.com time to read: +1 min

Syros, a short ferry ride from Mykonos, is a luxurious and underrated island to visit in Greece. Belle Époque, Theosis, and Allou Yialou are some of the best places to eat and drink on the island. AdvertisementTourists flock to the Greek islands of Mykonos and Santorini every summer. Luckily, Greece has over 220 inhabited islands to explore — and just a short ferry ride from Mykonos lies Syros. Here are 10 of my favorite things to do on Syros.

Persons: Belle Époque, Allou, — Organizations: Apollon Theater, Service Locations: Mykonos, Greece

☆ I've been to 54 countries and have lived in 10. These 5 underrated places are worth the trip.
▼ + stars: | 2024-04-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +11 min

Kate Boardman has visited 54 countries around the world and lived in 10, including the US. She's enjoyed spots like France and Bali but says people should visit underrated places like Oman. I've been to 54 countries and lived in 10, including the US. I also think spots like Cancun are super overrated; there are way cooler places to visit in Mexico. Kate Boardman/@wildkat.wandersI first lived in Guatemala in 2021, where I worked as a teacher at an international school.

Persons: Kate Boardman, She's, —, I've, Boardman, It's, You've, they're, @wildkat.wanders, Kate Boardman There's, There's, you've, Earth Organizations: Service, Antigua —, United Arab Locations: France, Bali, Oman, Ecuador, Guatemala, Massachusetts, Germany, Tblisi , Georgia, Paris, London, Cancun, Mexico, Iran, Maharloo, Georgia, Tbilisi, It's, Soviet Union, Kazbegi , Georgia, Turkish, Central America, Costa Rica, Tikal, Guatemala City, Antigua, Boardman, Livingston , Guatemala, El, United Arab Emirates, Yemen, Muscat, Caribbean

Barclays cut its price target on Tesla. Turrin's $480 price target suggests Microsoft shares, which are up more than 10% this year, could add another 15.8% over the next 12 months. Nardone kept his $150 price target, which implies Crocs shares could gain 24.3% over the next 12 months. Tesla shares, which have lost more than 36% this year, traded 1.3% higher in premarket trading. Redburn Atlantic also cut its price target to $130 from $150, reiterating its sell rating on the stock.

Persons: Raymond James, Wells, Michael Turrin, Turrin, — Pia Singh, Crocs, Christopher Nardone, Terence Reilly, Nardone, Stanley, Ben Chaiken, Chaiken, Jefferies, Corey Tarlowe, Tarlowe, Tesla's, Dan Levy, Levy, Tesla, Pavel Molchanov, Vernova, Molchanov, Fred Imbert Organizations: CNBC, Wednesday's, Barclays, GE, Microsoft, Bank of America Bank of America, Royal, Mizuho Securities Mizuho, Royal Beach Club, Urban, Jefferies, Urban Outfitters, Abercrombie, General Electric, GE Vernova Locations: Wells Fargo, Heydude, Royal Caribbean, Tuesday's

☆ I'm a millennial who avoided cruises because I thought they were full of germs and kids. My first experience proved me wrong.
▼ + stars: | 2024-04-13 | by ( Sophie Katzman | ) www.businessinsider.com time to read: +6 min

Read previewThis is an as-told-to essay based on a transcribed conversation with millennial Eliza Green, who took her first cruise vacation on Virgin Voyages. Virgin Voyages sounded particularly appealing. In October 2023, my husband, two other couples, and I embarked on Virgin Voyage's Scarlet Lady Dominican Daze. Cruise food was better than an all-inclusive resortThe food was a pleasant surprise, far better than the buffet options I'd imagined on other cruises. The cabin was a needed respiteBefore traveling on a cruise, I'd heard of windowless cabins and cramped rooms.

Persons: —, Eliza Green, I'd, Scarlet, Bimini Organizations: Service, Voyages, Business, Virgin Locations: Miami, Puerto Plata, Dominican Republic, Bimini, Bahamas, Jamaica

☆ Take a closer look at the main regions of Neom, Saudi's epic megacity project
▼ + stars: | 2024-04-11 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

Saudi Arabia is plowing on with its ambitious Neom project, despite reported setbacks. Here's a closer look at the main regions that officials plan to build as part of the project. AdvertisementSaudi Arabia's futuristic Neom project is one of the most ambitious in the world. According to Neom, the city will have no roads, cars, or emissions and run on 100% renewable energy. SindalahThe island of Sindalah, a yachting resort and part of the Neom project, will be open in 2024, say planners.

Persons: Here's, —, Neom, Denis Hickey, " Hickey, Saudi Arabia's Crown Prince Mohammed bin Salman, NEOM Organizations: Service, Street Journal, Bloomberg, Saudi Arabia's Crown Locations: Saudi Arabia, Saudi, Tabuk, Kingdom, Neom, Sindalah, Aqaba, Tabak Province

☆ Royal Caribbean's family-friendly private island is about to get more crowded with Gen Xers
▼ + stars: | 2024-04-11 | by ( Brittany Chang | ) www.businessinsider.com time to read: +5 min

Read previewRoyal Caribbean's family-friendly private island is about to get a bit more crowded — with Gen Xers. Royal Caribbean's private island is a tropical dream for cruising families dotted with sprawling beaches, clubs, a zipline, and a waterpark. Royal Caribbean goes after multi-generational families, while Celebrity's target demographic is Gen Xers, Lisa Lutoff-Perlo, the then-CEO of Celebrity Cruises, told Business Insider in 2021. Celebrity sails to 300 ports on all seven continents — why this sudden push for the private Caribbean island? Brittany Chang/Business InsiderBut for the two brands' parent company, there are more benefits to private island cruising besides guest satisfaction.

Persons: —, Gen Xers, Gen X, Brittany Chang, Xers, Lisa Lutoff, Michael Bayley, CocoCay, Patrick Scholes, Bayley Organizations: Service, Cruises, Royal, Business, Royal Caribbean Group, Apex, Celebrity Cruises, Royal Caribbean International, Truist Securities, Coco Locations: CocoCay, Fort Lauderdale , Florida, Royal Caribbean, that's, Royal, Caribbean, Brittany, cabanas

☆ Billionaires' superyachts are bigger, better, and have more on board than ever
▼ + stars: | 2024-03-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?

Persons: —, Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, —, Monaco Yacht Locations: Russian, superyachting

☆ Cruise lines' private islands are having a renaissance. These are the 3 reasons they need it now more than ever before.
▼ + stars: | 2024-03-23 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

To cruise lines, they're cash cows. Related storiesThese are the three reasons cruise-run private destinations have become so important. Amid rising fuel costs, it's easy to see why cruise lines would want to plan more itineraries around these nearby stops. Private destinations keep profits in-houseThe bar had two halves: one on land and the other at pool level. And because there's no need to rely on other excursion operators, they allow cruise lines to keep more profits in-house.

Persons: —, Patrick Scholes, Michael Bayley, Naftali Holtz, it's, Scholes, wouldn't, Linken D'Souza, Brittany Chang, Josh Weinstein, Jason Liberty, Simone Padovani, CHANDAN KHANNA, They're Organizations: Service, Royal, Business, Truist Securities, Disney Cruise Line, Disney Cruise, Holland America, MSC, Royal Caribbean International, Royal Caribbean Group, Beach, cabanas, Carnival Corp, Private, Hideaway, Disney, Key, Getty Locations: Miami, Bahamas, CocoCay, Caribbean, Honduras, Belize, Eleuthera, Cay, Holland, Royal Caribbean, Paradise, Nassau, Florida, cabanas, Royal, Orlando, Venice, Italy's Giudecca, Santorini, Greece, Key West , Florida, California, Alaska , Maine, Europe, Juneau , Alaska, French Polynesia, Italy

☆ Judge in classified documents case grapples with how Trump’s personal records claim could be explained to a jury
▼ + stars: | 2024-03-18 | by ( Hannah Rabinowitz | Katelyn | ) edition.cnn.com time to read: +4 min

I don’t understand where she is going with this order,” Brad Moss, a national security lawyer, told CNN on Monday. Part of the law under which Trump is charged criminalizes a person having unauthorized possession of records related to national defense. Still, the judge asked prosecutors and defense lawyers to write versions of their proposed jury instructions that consider the PRA by April 2. “Engage with the following competing scenarios and offer alternative draft text that assumes each scenario to be a correct formulation of the law to be issued to a jury,” Cannon wrote on Monday. The second scenario would assume that as president, Trump had complete authority to take records he wanted from the White House under the PRA.

Persons: Aileen Cannon, Donald Trump’s, Trump, – Cannon, Cannon, wouldn’t, Brad Moss, “, ” Moss, she’s, ” Cannon, Moss Organizations: CNN, Justice Department, Department, “, White House, National Archives Locations: Trump’s

☆ Hungary's leader claims Trump told him he would cut off U.S. military aid to Ukraine
▼ + stars: | 2024-03-12 | by ( Vaughn Hillyard | Rebecca Shabad | ) www.cnbc.com time to read: +2 min

Hungarian Prime Minister Viktor Orbán said in a new interview that former President Donald Trump told him he would cut off U.S. military aid to Ukraine in an effort to end its conflict with Russia. NBC News reached out to the Trump campaign, which did not respond to a request for comment for over 24 hours. That is why the war will end, because it is obvious that Ukraine cannot stand on its own feet," Orbán said. As Hungary's leader, Orbán has largely been critical of providing aid, including weapons to Ukraine, and has resisted the expansion of NATO. Meanwhile, the Biden administration has been waiting for Congress to approve legislation to provide additional aid to Ukraine.

Persons: Viktor Orbán, Donald Trump, Orbán, Trump, he's, Viktor Orban, Biden, Mike Johnson Organizations: NBC, Beach, NATO, European Union, House Republican Locations: Ukraine, Russia, Hungary, Ukrainian, Lago

☆ 580 courses in 365 days: How crushing a world record changed one golfer’s perspective on life and America
▼ + stars: | 2024-02-16 | by ( Don Riddell | ) edition.cnn.com time to read: +9 min

Patrick Koenig played golf – a lot of golf. By the time he finished his golfing trek, Koenig had played in the USA, Finland, and Sweden, completing 580 different courses in 365 days. Assuming his record application – which typically take up to 12 weeks to review, according to the Guinness World Record website – is accepted, he will have smashed the previous best total by 131 courses. As well as playing an awful lot of golf, the experience has changed Koenig’s perspective on the world. Some days I wanted to sleep because I was tired, but I was like, ‘Oh, I can get up and play golf.

Persons: Patrick Koenig, Koenig, –, ”, “, Jonathan, Cathie Weaver, I’m, spatters Koenig, I’d, Royal New Kent –, ” Koenig, I’ve, ’, Rachel Alcone, he’d, Patrick Koenig ‘, “ It’s Organizations: CNN, Guinness, North, Monarch Beach, “, Royal New Locations: USA, Finland, Sweden, Canadian, California, Colorado, South Carolina, Pebble, Royal New Kent, Virginia, Royal, Sand Hills, Nebraska, Washington, Florida, Vermont, Texas, America

☆ Icon of the Seas: The world’s largest cruise ship sets sail on maiden voyage
▼ + stars: | 2024-01-27 | by ( Terry Ward | ) edition.cnn.com time to read: +12 min

CNN —There is nothing subtle about the world’s largest cruise ship. The commotion brought traffic to a halt along the causeway to Miami Beach that parallels the cruise ship channel. Icon of the Seas’ list of superlatives and firsts is longFinding time to fit in everything onboard Icon of the Seas promises to keep passengers busy. A Royal Caribbean spokesperson said Icon of the Seas is 24% more energy efficient than required for ships designed today. Royal Caribbean International is clearly pitching Icon of the Seas to a market that goes beyond cruising.

Persons: Lionel Messi, ”, Hurricane Hunter, Oz, Bryan Comer, Comer, Colleen McDaniel, McDaniels, ” McDaniels, Michael Verdure, Rob Clabbers, Q, ” Clabbers, Wagyu, Michael Bayley, ” Bayley, Jay Schneider, Royal, “, ‘, ’ ” Schneider, Terry Ward Organizations: CNN, Port, Hurricane, Storm, Royal, The International Council, Clean Transportation, Royal Caribbean International, Cruise, CNN Travel, Seas, Star, Royal Caribbean Locations: Port of Miami, Turku, Finland, Miami Beach, Argentine, Miami, Eastern Caribbean, Sedona , Arizona, Royal Caribbean, Florida’s Port Canaveral, Orlando, Chicago, Izumi, Caribbean, Vegas, Florida, Tampa

☆ Wall Street is bullish on Royal Caribbean’s new ‘record-busting spectacle’ of a ship
▼ + stars: | 2024-01-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

There's another reason to be bullish on Royal Caribbean , according to several Wall Street analysts. Morgan Stanley analyst Jamie Rollo called Icon of the Seas a "record-busting spectacle of superlatives," and believes it will be a big driver of profits. That implies a 50% yield premium to the broader Royal Caribbean fleet, Rollo wrote in a note Monday. Morgan Stanley has an equal weight rating on Royal Caribbean. RCL 1Y mountain Royal Caribbean's one-year performance It is also another step by Royal Caribbean to tap into the ongoing trend of multigenerational travel.

Persons: Morgan Stanley, Jamie Rollo, Rollo, James Hardiman, it's, Matthew Boss, Robin Farley, Farley, — CNBC's Michael Bloom Organizations: Royal, cabanas, Royal Caribbean, Citi, JPMorgan, UBS, Royal Beach Club Locations: Hideaway, Royal Caribbean, Bahamas

☆ 'Visit anytime!' NY attorney general and Trump fraud-trial judge get open invite to tour all '$1B' of Mar-a-Lago
▼ + stars: | 2023-12-06 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Tuesday, a Palm Beach real estate broker testified on Trump's behalf that Mar-a-Lago is worth $1 billion. "If you have a dreamer, and a great American, I don't think that's a bad thing," the broker testified of his Palm Beach neighbor. "You have dozens and dozens of hand-carved cherubs" on the living room doors, Moens testified at one point. Former President Donald Trump's Mar-a-Lago resort in Palm Beach, Florida. The property is currently worth closer to $1.5 billion, Moens testified in the July deposition.

Persons: —, Donald Trump's, Trump, Letitia James, Arthur Engoron, Lawrence Moens, Steve Wynn, Larry Ellison, Moens, James, –, MAL, efferson,, artin, uther, roker, ines, ove y ou., ince, rees, J r., lew, orth, lon, ake Organizations: Mar, Trump, Service, New, New York, Palm Beach, ust, ives Locations: New York, York, Manhattan, Trump’s NY

☆ Dubai penthouse sells for record $136 million
▼ + stars: | 2023-12-05 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

CNN —A five-bedroom penthouse covering almost 22,000 square feet has sold in Dubai for 500 million UAE dirhams — just over $136 million — setting a new record for one of the world’s busiest luxury real estate markets. Record salesThe previous record for a penthouse sale in Dubai dates back just a few months, when an apartment occupying the top floor of the Marsa Al Arab Hotel sold for 420 million UAE dirhams (about $114 million). According to Provident Estate, the penthouse at Como Residences is the third most expensive in the world, after Penthouse D at One Hyde Park in London, priced at $237 million, and the Odeon Tower Penthouse in Monaco, priced at $440 million. Shutterstock Palm Jumeirah also boasts the first monorail in the Middle East, which opened in April 2009, and connects the Palm to Dubai's mainland. But when it comes to the asking price for a penthouse, the view is one of the key drivers.

Persons: CNN —, Nahkeel, Karim Sahib, Giuseppe Cacace, Shutterstock, Kamran Jebreili, ”, Chris Boswell, he’s, ” Boswell, “, it’s Organizations: CNN, UAE dirhams —, Jumeirah, Provident Estate, Marsa Al Arab, UAE, Como Residences, Penthouse, Dubai Marina, Getty, Burj Locations: Dubai, Como, Marsa, Hyde, London, Monaco, Burj Al Arab, Burj, Eastern Europe, Dubai's, Nakheel, AFP, Karim, Burj Al, United States, Italy, France

William Cahill, 30William Cahill, an associate director at Aventuur. AventuurCahill was on a rowing trip on the Zambezi River in Zambia surrounded by crocodiles and hippos when he met his future boss. Cahill followed suit, leaving behind a job touching on mergers and acquisitions and data and analytics at the management-consulting firm L.E.K. Aventuur's parks allow paying customers to surf in wave pools with artificial beachfronts dotted by amenities such as restaurants and beach clubs. The systems Cahill creates make him indispensable to the growing recreational-real-estate sector.

Persons: William Cahill, Aventuur Cahill, Nicholas Edelman regaled, Cahill, Aventuur, — Zoe Rosenberg Organizations: Deutsche Bank, L.E.K, Consulting Locations: Zambia, London, Australia, New Zealand, North America, Dallas, Phoenix, Las Vegas, Jacksonville , Florida, Los Angeles, South Africa

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