Glance

LVMH Moët Hennessy Louis Vuitton (LVMH.PA), the world’s leading luxury group and Belmond Ltd. (NYSE: BEL), owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, announced that they have entered into adefinitive agreement for LVMH to acquire Belmond. LVMH is to acquire Belmond for $25.00 per Class A share in cash. This represents an equity value of $2.6 billion in a transaction with an enterprise value of $3.2 billion. In the twelve months ended September 30, 2018, Belmond recorded total revenues of $572 million and adjusted EBITDA of $140 million. The transaction is expected to complete in the first half of 2019 subject to the approval of Belmond’s shareholders and clearance by the relevant competition authorities. Established over 40 years ago...

To celebrate its 30th anniversary, Amandari will present a series of special events in 2019. From art exhibitions and moonlight treks, to traditional dance performances, food festivals and painting classes, guests will have the opportunity to fully immerse themselves in the rich heritage of Bali’s artistic legacy and to truly absorb the spirit of this special place. Each month on the night of the full moon, Amandari will host a blessing ceremony and trek under the moonlit sky. Throughout 2019, guests will be invited to special anniversary drinks on the 30th of each month at Amandari’s scenic bar hosted by the General Manager. Amandari will offer regular Kamasan painting workshops to guests led by Bapak Sindu, who will explain the methods used and demonstrate the historic and stylistic mea...

Vietnam’s Cam Ranh is soaring for the stars with Bangkok Airways emerging as the latest in a string of airlines to unveil a direct route to the pristine coastal destination. Starting Jan. 25, Bangkok Airways will operate four non-stop return flights weekly between Bangkok’s Suvarnabhumi Airport and Cam Ranh International Airport on Monday, Wednesday, Friday and Sunday aboard a 144-seat Airbus 319. The direction connection to Bangkok is the latest link forged between one of Vietnam’s hottest destinations and international markets. Bangkok Airways’ new route comes hot on the heels of the launch of Cam Ranh International Airport’s USD 163 million international passenger terminal, which can now handle four million passengers per year with expansion plans in place to increase capacity further...

Starting this year, the COMO Uma Ubud proudly relaunches the Kemiri Restaurant. Serving breakfast and dinner every day, the restaurant is open for both hotel guests and Ubud visitors who are looking for a new way to spend their mornings and evenings savouring delightful dishes in a contemporary Balinese ambience. Kemiri, which is Indonesian for ‘candlenut,’ was first opened in 2004 serving all-day dining. Despite Kemiri’s success, particularly with busy evenings, in 2013 the management had to limit the opening hours serving only daily breakfasts, due to the opening of the hotel’s new restaurant, the Uma Cucina. Now, after five years, Kemiri is re-opening its doors for dinner in response to the demands of its loyal patrons who wish to once again enjoy memorable dining at Kemiri. The menu&n...

Oakwood Hotel & Residence Surabaya opens for public, marking it the first Oakwood-branded property outside of Jakarta. Part of the mix-used development by MNC Land, Oakwood Hotel & Residence Surabaya redefines the local hospitality landscape with its mix room types, range of facilities complemented by world-class service. With convenient access to premium shopping malls, entertainment and various dining options, Oakwood Hotel and Residence Surabaya offers 144 hotel rooms and fully furnished serviced apartments, catering to both short and long stays. Combining comfort and security, Oakwood Hotel and Residence Surabaya offers timeless elegance with each unit designed for modern living. Guests can choose from a superior room to a two-bedroom apartment, each offering space and home-li...

AirAsia has been named the World’s Leading Low Cost Airline for the sixth year running at the World Travel Awards (WTA) Grand Final. AirAsia emerged top in the category after receiving the most votes from travellers and industry executives, ahead of Southwest Airlines, JetBlue, Ryanair, easyJet, Jetstar Airways, Norwegian Air, West Air, flydubai, Air Arabia, flynas, and fastjet. The airline also took home the award for World’s Leading Low-Cost Airline Cabin Crew for the second time in a row, beating Southwest Airlines, JetBlue, Ryanair, easyJet, Jetstar Airways, Norwegian Air, West Air, flydubai, Air Arabia, flynas, fastjet, Kulula and Mango. AirAsia Group Head of Cabin Crew Suhaila Hassan and AirAsia Group Head of Communications Audrey Progastama Petriny accepted the awards on behalf of t...