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London-based Queensgate Investments finalizes $400 million purchase of Freehand Hotels from a seller consortium including The Yucaipa Companies and Sydell Group, drastically expanding Generator’s millennial-friendly portfolio to 18 properties in top cities across North America and EuropeLEFT: Generator StockholmRIGHT: Freehand New YorkHONG KONG, CHINA - Media OutReach - 17 October 2019 - Generator, whose design-driven affordable luxury has disrupted the hospitality industry across Europe since 2011, will now operate all four Freehand Hotels and their respective food and beverage outlets after purchasing the brand for $400 million this week. The acquisition led by London-based firm Queensgate Investments, which owns Generator, merges the original upscale hostel trailblazers and reaffirms Generator as a global pioneer in the hospitality industry. With Generator's storied success in Europe and Freehand's expertise in the U.S. market, this new merger marks a … [Read more...] about Hospitality Disruptor Generator Acquires Freehand Hotels In Its Quest to Dominate the Experience Economy in U.S. Market

Viet Nam News HCM CITY— Samsung Vina officially introduced its Samsung Showcase today at the Bitexco building in HCM City, the third showroom of its kind in the world and the first in Asia designed as a One Samsung Experience model (OSE). The first two Samsung showrooms of this kind are located in New York City and Frankfurt, Germany Suh Kyung Wook, president of Samsung Vina Electronics, said the Samsung Showcase was expected to become a technology destination in the city. The showcase in HCM City covers two floors on a total area of over 1,000 sq m and is divided into 18 areas. The two floors contain all new high-end products from Samsung such as smartphones, TVs, accessories, household electronics equipment and kitchen equipment, among others. At the showcase, customers can experience the connections that can be made between Samsung devices, such as a smartphone and a refrigerator, which allow for smart food purchases. In the smartphone device experience area, Samsung … [Read more...] about Samsung Vina launches product experience showroom in HCM City

HCM City attracted about US$3.63 billion of foreign direct investment (FDI) capital in the first seven months of this year, marking a year-on-year increase of 15.2 per cent, according to the municipal People’s Committee. A production line of Jasan Vietnam Dyeing and Textiles, which is funded by a Chinese business, in the northern province of Hưng Yên's Phố Nối B Textiles and Garment Industrial Park. — VNA/VNS Photo Danh Lam Nearly $688.8 million came from 678 newly registered projects, up 26.9 per cent in value and 18.3 per cent in the number of projects from the same period last year. In the period, 2,668 foreign investors bought shares and acquired stakes of domestic enterprises with total registered capital of $2.6 billion, 28.3 per cent and 16.7 per cent higher respectively than in the same period last year. Meanwhile, HCM City granted business licences to 24,529 new domestic enterprises worth more than VND396 trillion ($17 billion), … [Read more...] about HCM City lures $3.6 billion of FDI in seven months

At the event (Photo: baoquocte.vn) HCM City (VNA) – Becoming a financial hub is key to helping Ho Chi Minh City make economic breakthroughs in the time ahead, and the city pledges to exert every effort to facilitate financial institutions’ investment, a local official said on October 18. Chairman of the municipal People’s Committee Nguyen Thanh Phong made the remark at the HCM City Economic Forum that sought ways to turn the city into a financial hub of Asia and the world. Deputy Prime Minister Vu Duc Dam stressed HCM City’s important role as a socio-economic locomotive of Vietnam, noting that building the city into a regional and global financial hub is not only its own wish but also a common target of the whole nation. Phong said the financial market is important to mobilising social resources, a core factor helping boost economic growth in the world’s big cities. In New York, financial services account for 46 percent of its economy’s added … [Read more...] about HCM City vows utmost efforts to become global financial hub

U Hoa Restaurant is located in a French-style villa with a beautiful garden where birds sing all day. Even at first sight, it offers an escape from the noisy streets and hectic life. Hoa Lu’s rare goat meat Goat hotpot 'Com chay' - a tasty dish of Ninh Binh Five must-try dishes in Hue City Đậu chiên trứng muối (fried tofu with salted eggs) Wooden furniture, ceramic tableware and decorative objects embrace images of Hanoi's landscape and flowers. I visited the restaurant on a summer day with my family for lunch. The cool space with excellent food and smiling staff left me feeling more than satisfied. U Hoa Restaurant was founded by Ms Hoa. I don’t know her full name and I didn't get the chance to meet her, but the name of the restaurant is endearing as “U” (pronounced "woo") is the way Vietnamese people in the north affectionately address their mums or older women. Hoa started the business from a small food shop where … [Read more...] about U Hoa Restaurant – a tranquility for enjoying Vietnamese food