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April 12, 2018

The family-run South African luxury travel group Mantis has sold a 50% stake to Europe’s largest hotelier in a bid to ensure future growth in the competitive global hospitality market.

The family-run South African luxury travel group Mantis has sold a 50% stake to Europe’s largest hotelier in a bid to ensure future growth in the competitive global hospitality market.

The Mantis deal with AccorHotels, for an undisclosed sum, is the latest instance of a major family business financing expansion by releasing significant equity to capital providers, a growing trend revealed in a 2017 Campden Research report.

April 1, 2014

The luxury goods industry's passion for python skins is putting pressure on wild python populations in southeast Asia and fuelling illegal hunting, according to a report by a conservation group and French luxury goods conglomerate Kering, but farming the snake genus could provide a sustainable solution.

The luxury goods industry's passion for python skins is putting pressure on wild python populations in southeast Asia and fuelling illegal hunting, according to a report by a conservation group and French luxury goods conglomerate Kering, but farming the snake genus could provide a sustainable solution.

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