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Climate is already a business risk that Himalayan tour operators grapple with, absorbing cancellations and rerouting. The bigger exposure is the destination itself as disasters reveal its fragility.
Asset-light growth can help hotel companies scale faster, but owners still carry the capital risk. Operators with skin in the game may be better positioned to test ideas, challenge investment assumptions, and focus on long-term hotel value.
Over the last year or so, Spain has burst onto the world stage, scoring five Cannes main competition berths — more than any other country in the world outside France — with joint best director winner “La Bola Negra” now prominent in awards season conversations. Spain’s San Sebastián Film Festival looks set to capture this […]
