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RIO DE JANEIRO (Reuters) - Police in Rio de Janeiro on Monday arrested the chief executive of a Swiss hospitality and ticketing company in connection with an ongoing investigation over VIP ticket scalping at the World Cup.
SINGAPORE: Private equity investors Blackstone Group LP and Gaw Capital Partners are weighing separate bids for Singapore’s Ascendas Hospitality Trust, people familiar with the matter said, eyeing a target with a market value US$600mil.
KUALA LUMPUR: UEM Sunrise Bhd’s unit is selling a block of serviced apartments in Melbourne for A$120mil or RM370.80mil to Ascendas Hospitality Trust.
Berjaya Hotels and Resorts head of Commercial Mondi Mecja was presented with the Leadership Personality Award (Most Outstanding) at the Hospitality Asia Platinum Awards 2018-2020 held in Petaling Jaya.