Luxury
‘One of the best experiences I’ve had as a parent.’ The benefits of father-daughter trips
I work shifts, four days on four days off, as a firefighter. This gives me a huge advantage in terms of time I have with my daughter. Together, we’ve attended play dates, and craft and toy sharing sessions — and despite online portrayals of a more equal world, I am usually the only dad present. […]
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Macao is becoming a city of sports and entertainment, Sands China CEO says, as President Xi urges diversification
Sands China CEO and President Grant Chum said Macao was diversifying its economy away from gaming to become “a city of sports and … a city of entertainment,” during Chinese President Xi Jinping’s visit to the city that concluded Friday. In an interview on “Squawk Box Asia,” Chum cited a deal announced in early December […]
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Luxury safaris are changing — here’s what affluent travelers want now
Luxury safari-goers were once all about spotting lions, leopards, elephants, buffaloes and rhinos — albeit while staying in nicer tents and dining on gourmet food. But that’s changing. “Safaris are not just about the ‘Big Five’ anymore,” said Lori Cohen, a writer who covers luxury safaris. “People have got limited time off in their lives, […]
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The world’s busiest flight routes in 2024
Hong Kong-Taipei is the busiest international flight route, according to a report released Tuesday by aviation intelligence company OAG. The route — which last held that position in 2019 — again tops the list despite seat capacity remaining 15% below pre-pandemic levels, according to OAG’s report. Seven of the 10 busiest international routes in the […]
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Indian outbound travel will be ‘the story’ of the next decade, says Hilton executive
Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council. But the current level of Indian travel is “minuscule” compared with what’s to come, Alan Watts, Hilton’s Asia-Pacific president, told “Squawk Box Asia” Monday. “The story for India is before us,” he said. “India outbound will be […]
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Tom Brady watches, game-worn jerseys sell for $9 million at auction
Tom Brady’s Rolex worn during his 2023 season. Sotheby’s (L) | Reuters (R) Sotheby’s has scored big off of Tom Brady. The auction house held its “GOAT Collection” sale on Tuesday night, selling all 41 items offered for a total of $9 million. The lots consisted of watches, jerseys and other sports treasures. The watches […]
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Crypto investor pays $6 million for a banana — and plans to eat it
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. […]
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Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda. The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra […]
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Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Shoppers walk past Burberry’s Shanghai store Kevin Lee | Getty Images LONDON — Burberry is aiming to win back shoppers and boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans designed to revive the luxury fashion house’s ailing fortunes. The “Burberry Forward” strategic overhaul, announced Thursday, intends to reconnect […]
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The trendiest gift to give this season? Travel — if you can figure out how
Forget the headphones, the fuzzy slippers and the espresso machine that cranks out a cold brew. Globally, three out of four Gen Zs and millennials said that rather than a physical gift, they want a fun experience or trip this holiday season, according to an Amex Trendex survey. Gift givers are listening too. Half of […]
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