LONDON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Preferred Hotels & Resorts is pleased to announce the addition of Wynn Al Marjan Island to its prestigious Legend Collection, marking a significant milestone ahead of the resort’s highly anticipated opening in Spring 2027. Located less than 50 miles from Dubai International Airport in the Emirate of Ras Al Khaimah, the US$5.1 billion development represents one of the most ambitious luxury hospitality projects in the Middle East and will introduce a new benchmark for ...

Core Insights - Forbes Travel Guide announced its 2026 Star Awards, recognizing Hilton Los Cabos as a Four-Star rated luxury resort [1][3] Resort Overview & Key Features - Hilton Los Cabos is a 269-key resort featuring diverse accommodations, including 14 plunge pool suites and 83 premium rooms within the AltaMar experience [4][6] - The resort includes the Enclave Beach Club, offering cliffside cabanas and a dedicated bar, enhancing the guest experience [4][6] - The property showcases Hacienda-inspired architecture with private balconies and deep soaking tubs, contributing to its luxurious appeal [4] - A new service for 2026, Compadre Concierge, provides personalized experiences designed to feel like an extension of the guest's family [4] Culinary and Wellness Offerings - The resort features six culinary outlets led by Executive Chef Mauricio Lopez, including award-winning Mediterranean cuisine at Vela and a swim-up sushi bar, Mio [6] - The 7,000 sq. ft. eforea spa offers a private recovery zone and an indoor-outdoor movement studio, catering to wellness-focused guests [4][6]

Core Insights - Melco Resorts & Entertainment has achieved a historic leadership position in the 2026 Forbes Travel Guide by receiving 19 Five-Star Awards, making it the world's integrated resort operator with the most FTG Five-Star Awards [1][2] - The company has a total of 107 FTG Stars across its Hotel, Restaurant, and Spa categories, showcasing its commitment to luxury hospitality [1][2] Group 1: Awards and Recognition - Melco's properties, including City of Dreams, Studio City, Altira Macau, and City of Dreams Manila, have been recognized with multiple Five-Star Awards in various categories [1][2] - The specific awards include Five-Star ratings for hotels such as Morpheus and Nüwa, restaurants like Alain Ducasse at Morpheus and Jade Dragon, and spas including Morpheus Spa and Nüwa Spa [2] Group 2: Company Overview - Melco Resorts & Entertainment is a developer, owner, and operator of integrated resort facilities in Asia and Europe, with properties in Macau, the Philippines, and Cyprus [4] - The company is majority owned by Melco International Development Limited, which is led by Mr. Lawrence Ho, who serves as Chairman and CEO [5]

Core Insights - Melco Resorts & Entertainment has achieved a historic leadership position in the 2026 Forbes Travel Guide by receiving 19 Five-Star Awards, making it the world's integrated resort operator with the most FTG Five-Star Awards [1][2] - The company has attained a total of 107 FTG Stars across its Hotel, Restaurant, and Spa categories, reinforcing its status as a premier luxury hospitality provider in the region [1][2] Company Overview - Melco Resorts & Entertainment is a developer, owner, and operator of integrated resort facilities in Asia and Europe, with properties including City of Dreams and Altira Macau in Macau, Studio City in Cotai, and City of Dreams Manila in the Philippines [4] - The company also operates City of Dreams Mediterranean in Cyprus and manages the Nüwa hotel at City of Dreams Sri Lanka [4] Awards and Recognition - The 19 Five-Star awards received by Melco properties include accolades for hotels such as Morpheus and Nüwa, restaurants like Alain Ducasse at Morpheus and Jade Dragon, and spas including Morpheus Spa and Altira Spa [2][3] - This recognition highlights the company's commitment to excellence in design and guest experiences [2] Leadership - The company is majority owned by Melco International Development Limited, which is led by Mr. Lawrence Ho, who serves as the Chairman, Executive Director, and CEO [5]

Core Insights - InterContinental Bali Sanur Resort offers a luxurious beachfront experience in Sanur, Bali, combining luxury with authentic Balinese hospitality [1][2] - The resort features 120 suites and villas designed for privacy and comfort, inspired by traditional Indonesian design [2][3] - Culinary offerings include diverse dining options, with Layang Layang Restaurant providing a mix of local and Western dishes, and Pier Eight Restaurant focusing on Western and Asian flavors [4][5] - Wellness services at the resort include Sansara Spa, a 24-hour Fitness Centre, and various cultural and recreational activities [6] - The location of the resort allows easy access to Sanur's vibrant streets, shopping, and water sports, enhancing the guest experience [7][8] - The resort has special festive programs for the holiday season, including Christmas celebrations and New Year's Eve events [9] Company Overview - IHG Hotels & Resorts operates over 6,300 hotels in more than 100 countries, with a development pipeline of over 2,000 properties [11] - The InterContinental brand emphasizes personalized service and authentic local experiences, aiming to connect guests with the unique aspects of their destinations [12]

Core Insights - La Bottega, a hotel supplies firm, is set to expand globally after gaining support from the family of Moncler chairman Remo Ruffini [1][6] - The company has rebranded as La Bottega Collective, which now oversees multiple luxury brands and aims to create bespoke products for high-end hotels [2][3] Company Overview - La Bottega Collective operates as an umbrella company for its founding firm La Bottega, luxury textile company Beltrami, beauty essentials leader Vanity Group, and hospitality accessory producer Palatino Hospitality, among others [2][3] - The firm has a history of enriching the hospitality industry with products from Italian brands and offers a wide range of services and items [7] Strategic Developments - A new showroom was inaugurated in Milan to enhance client engagement and showcase luxury hotel atmospheres [4] - Plans are in place to open additional showrooms in New York and Dubai, with events scheduled for November [5] Financial Performance - La Bottega Collective reported revenues of 200 million euros in 2024 and employs over 900 staff across five continents, serving around 15,000 clients globally [11] Ownership Structure - The Ruffini family holding company Ou(r) Group acquired a 14.7% minority stake in La Bottega FounderCo, which is controlled by the Pacini family [6][8] - The Pacini family holds a 50.4% stake in La Bottega FounderCo, while private equity firm Three Hills Capital Partners owns the remaining 49.6% [8]