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Vacation Inn proprietor IHG publicizes share buyback after journey rebound | Enterprise Information

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Vacation Inn proprietor IHG publicizes share buyback after journey rebound | Enterprise Information


InterContinental Accommodations Group has introduced a share buyback programme of $500m (£414m) and resumed its interim dividend after reporting wholesome income.

The Vacation Inn and Crowne Plaza proprietor mentioned that its second-quarter income per obtainable room for the Americas – its largest phase – was 3.5% above pre-pandemic ranges.

Working revenue for the six months ending 30 June rose to $361m (£298m), in contrast with $138m (£114m) final yr.

Keith Barr, IHG chief govt, mentioned: “Having reinstated a closing dividend in respect of 2021 six months in the past, the robust efficiency seen in 2022 up to now, along with the boldness we’ve got in continued progress, has led us to reintroduce an interim dividend at a degree 10% greater than when final paid and launch an preliminary $500m share buyback.”

It comes because the journey business experiences regular demand after the lifting of COVID-19-related journey restrictions.

Mr Barr mentioned that even China had seen a “robust restoration” after a interval of strict pandemic lockdowns.

However he famous that the “danger of additional volatility within the area nonetheless stays”.

“Our general efficiency displays a continued focus to construct a stronger enterprise for our friends and house owners,” he mentioned.

“We’ve considerably enhanced and expanded our model portfolio in recent times, and invested in our enterprise platform to drive efficiency and speed up our progress.”

The group opened virtually 100 new inns in the course of the six-month interval, which means it now has greater than 6,000 worldwide.

It mentioned that conversions represented greater than 1 / 4 of these openings.

Mr Barr added: “While the financial outlook faces uncertainties as central banks and governments take motion to handle inflation, we stay assured in our enterprise mannequin and the engaging business fundamentals that can drive long-term sustainable progress.”

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Be Cautious About How You Drink Whisky In Scotland To Keep away from Outing Your self As A Vacationer

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Be Cautious About How You Drink Whisky In Scotland To Keep away from Outing Your self As A Vacationer






From the rugged cliffs of the Isle of Skye to the historic streets of Edinburgh, there is a cause Scotland is consistently ranked as the most beautiful country in the world by vacationers. For those who’re planning a first-time go to, your journey can embrace exploring historic castles, recognizing cute Highland cows grazing in meadows, or having fun with outdoor adventures at Cairngorms National Park; it is as much as you. For liquor connoisseurs, there’s one other convincing cause to flock to the northern nation: its world-famous whisky.

In contrast to American bourbon (which should use at the very least 51% corn), Scottish whisky (sure, with out the ‘e’) sometimes makes use of malted barley as its major ingredient. The ageing course of can also be totally different. Whereas bourbon ages in new charred oak barrels for about two years, Scottish whisky ages in oak barrels for no less than three years. Past these variations in elements and manufacturing, there’s one other key truth guests to Scotland ought to know: How you select to take pleasure in your drink may instantly establish you as a vacationer when you’re not cautious.

Put merely, Scots do not shoot their whisky prefer it’s a fast hit of alcohol. Typically, you will probably hear an area order a wee dram, which refers to somewhat pour excellent for sipping. The whole expertise of smelling and tasting it slowly permits drinkers to savor the advanced flavors of every pour fairly than simply kicking it again like an inexpensive spirit at a celebration.

The way to take pleasure in whiskey like an area in Scotland

Irrespective of when you’re a first-time customer or a returning traveler, a distillery tour is a highlight of any Scotland trip. On a tour, study totally different whisky-making traditions and regional traits. With about 150 energetic distilleries dotted throughout Scotland, you will discover loads of alternatives to deepen your appreciation for what Scots name uisge beatha, aka the water of life. Just a few of the preferred choices to go to embrace the Glengoyne Distillery in Dumgoyne (identified for its distinctive location alongside the Highland-Lowland border), the Talisker Distillery within the Isle of Skye (the oldest and most well-known distillery within the nation), and the Glenlivet Distillery in Ballindalloch (which has historical past way back to 1824 and affords a number of single malt whiskies).

Throughout these visits, you will be taught the ins and outs of the whisky-making course of, in addition to how totally different water sources, malting methods, and barrel ageing come collectively to create every whisky’s distinctive character. Higher but, most visits normally finish with guided tastings throughout which the true specialists present you tips on how to correctly respect all the totally different types and varieties out there. By the tip of the tour, not solely will you perceive correct tasting etiquette (keep in mind: sip, do not shoot!), however you will hopefully be capable of establish the flavors and aromas that differentiate numerous whiskies.



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Why my journey to Cabo included a rural detour (and yours ought to too)

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Why my journey to Cabo included a rural detour (and yours ought to too)


The phrase “Cabo” alone doubtless conjures visions in your thoughts of beautiful, rocky landscapes framed by crystal waters. Possibly listening to its identify, you are wistful for a keep in one of many luxurious resorts that attract Hollywood A-listers and different celebrities.

Lengthy a well-liked winter escape from the USA, the area of Los Cabos is attracting new curiosity throughout the Atlantic because of new nonstop flights to international locations in Europe.

I’ve no scarcity of causes that it’s best to think about Cabo in your subsequent seaside trip (solar! desert landscapes! superb meals!). However as a vacation spot editor for Lonely Planet, I am additionally at all times attempting to take a look at widespread locations from a brand new perspective and collect concepts of the place I will help you break away from the crowds and expertise one thing new. 

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That is why I lately accepted an invite from the Los Cabos Tourism Board to take a look at its blossoming rural tourism scene, which generally is a nice launching pad for out of doors journey within the space. In case you’re the kind of one who loves a resort, however is able to do one thing totally different after a pair days, you would possibly wish to think about including a pair days within the countryside to your itinerary. 

The place is Los Cabos?

 Los Cabos refers back to the regional space that features the dual cities of San José del Cabo and Cabo San Lucas, situated on the southernmost tip of the Baja California peninsula in Mexico. 

When most individuals say they’re headed to “Cabo” – they’re often referring to considered one of these cities to take in some solar and disconnect from the frenetic tempo of life.  Together with dreamy resorts and beautiful seashores, you’ll additionally discover a bit of little bit of every thing an out of doors fanatic would love right here: snorkeling, scuba diving, mountaineering and kayaking. 

However there are additionally a number of smaller villages within the space like Santiago, which might provide an opportunity to attach with nature and other people in the best way you solely can if you happen to’re keen to stray away from the standard itinerary. 

How did I get there?

After my worldwide flight landed, I hopped in a automotive from Transcabo, one of many transport companies within the space. From there, I made the hour-long journey north from the airport in San José del Cabo by the desert panorama to the village of Santiago. 

Planning tip: if you happen to’re planning to remain within the extra rural areas, seize sunscreen and different sundries earlier than you permit the airport. 

The place I stayed: Amet Nature Retreat

Room at Amet Nature Resort in Santiago, Mexico (Los Cabos)
Room at Amet Nature Resort in Santiago, Mexico (Los Cabos)

On arrival, our taxi driver almost handed the discreet entrance to Amet Nature Retreat, which is tucked behind a gate alongside a desert street. When the sliding gate rolled again to disclose the luxurious and beautiful oasis hidden behind it, my coronary heart skipped a beat.

The proprietor was a banker in Switzerland earlier than she returned house to Mexico and acquired the close by property for her private residence. After a hurricane, she found a pure spring beneath the property. She paid to have it dredged to create the calm freshwater oasis.

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Long rectangular pool framed by palm trees.
Plated salad served on grey dish.

Brown, luxury tent near water at sunset. Palm trees surround it.
White sofa and dining tables in the common area.

Clockwise from high left: Pool within the frequent space of Amet Resort. The resort serves farm-to-table meals. The chef units the menu every day primarily based on what’s freshly accessible. Eating room and customary space. The resort additionally has luxurious tents with views over the oasis.

She then purchased the property subsequent door and in late 2024, she opened Amet to the general public. 

The architectural design of the tranquil, adults-only 6-room property (three elevated glamping tents, three upscale rooms with views) was created by her son.  With few friends to compete with, it’s an important place to unwind. Foodies will take pleasure in its culinary choices, which is farm-to-plate. The chef determines the menu every day primarily based on what’s contemporary from the market and close by farms. 

Why keep in Santiago

Staying in Santiago places you strategically a bit nearer to considered one of my “don’t miss” highlights of the world: Parque Nacional Cabo Pulmo, a nationwide marine park. 

Adult humpback whale and baby humpback whale breaching out of ocean side-by-side.
Grownup humpback whale and child humpback whale breach in Parque Nacional Cabo Pulmo, a marine nationwide park in Baja California, Mexico.

In case you have been to come back to this park from Cabo San Lucas, you’d need to think about a two-hour drive, which might restrict your time to expertise the park. Staying in Santiago, you shave that drive in half. 

The protected space caps the variety of guests – so that you’ll wish to plan upfront by reserving a tour. When you get out on the boat, it’s uncommon to see others on the water close to you. The Sea of Cortez boasts crystal clear water and a wide range of beautiful wildlife to watch.

Sea lions sun themselves on a giant rock in Cabo Pulmo, Mexico
A number of sea lions solar themselves on a rock protruding of the blue inexperienced water of the ocean.

We noticed faculties of fish and sea lions, however my favourite half was observing the whales, which make their manner right down to the seas round Los Cabos in March to offer beginning to their infants. We noticed spectacular breaches by whale households who have been very energetic whereas we have been there. Plus, we have been the one boat observing the ballet by these magnificent mammals. It was actually magical. 

After the go to to the park, we headed again to our resort in Santiago.  Away from the hustle and bustle of the busy seashores, you get an opportunity to actually absorb the slower tempo. 

What else is there to do?

The world is a superb launching pad for different out of doors actions as nicely. You possibly can kayak the oasis at sundown. You possibly can take a mountaineering journey to Sol or to El Refugio. On my journey, I did El Refugio. The trailhead for the path stuffed with boulders begins on a farmer’s ranch so youʻll must name forward to get entry to it, however you can too organize for the proprietor to make you a scrumptious post-hike lunch of quesadillas. 

Woman sits on red blanket for cacao ceremony.
Yellow kayak on calm water at sunset.

Trail made of boulders with water surrounding and mountain in background.
Hiker with grey backpack and baseball cap balancing on rock while crossing water on a hike in El Refugion.

Clockwise from high left: Mariana, our information for the meditation and cacao ceremony at Amet Resort in Santiago. Kayaking within the oasis of Santiago. Hiker tackles rocks at El Refugio. Rocky path of El Refugio.

My favourite expertise was beginning off the primary night on the resort with the cultural expertise of a cacao ceremony within the fireplace pit space of the resort. After a busy day of journey, the meditation was extremely enjoyable and put me in the correct mindset for the remainder of the journey. 

What else so as to add to your itinerary

You’ll have a good time however in all probability exhaust every thing to do in Santiago in a pair days. I believe this can be a nice journey to mix with one of many bigger cities within the Los Cabos space: San José del Cabo or Cabo San Lucas. 

I ended up in San José del Cabo staying at Resort El Ganzo, a boutique artsy resort that boasts a personal seaside membership in addition to a surprising rooftop with views for days. 

Tan building with neon sign that reads Hotel El Ganzo surrounded by palm trees.
Hotel El Ganzo in San Jose del Cabo, Mexico.

The room at Hotel El Ganzo with fluffy white linens on the bed with wood furniture. A bathtub is visible in the background.
Destination Editor Melissa Yeager on rooftop of hotel at sunset. Boats and the ocean are in the background.

Clockwise from high left: Outdoors of the boutique arts resort Resort El Ganzo in San Jose del Cabo, Mexico. The bohemian decor of the foyer of the resort. Vacation spot Editor Melissa Yeager on rooftop of resort at sundown. A room at Resort El Ganzo.

A few suggestions on what to do right here. In case you love recognizing wildlife, exit with Dan from Uncharted Expeditions. He has deep data, respect and keenness for the ocean that’s contagious, and also you’ll come again with a brand new appreciation for the oceanic ecosystem. He additionally is a superb photographer and brings all his gear together with a drone so you’ll be able to see the wildlife from above. 

Dan from Uncharted Expeditions with navy shirt holding a drone on a boat.
Sugar skull street art of a woman in a black dress and sombrero with pink flowers.

Front of museum with colorful flags hanging above it.  Colorful painting of a woman can be seen through the doorway.
Brown, arched stone entrance to Don Sanchez with Menu stand out front.

Clockwise from high left: Dan from Uncharted Expeditions prepares his drone to offer vacationers a view from above the water. Avenue artwork in Gallery District in San José del Cabo, Mexico. Entrance to Don Sanchez restaurant in San José del Cabo. Museum in Gallery District in San José del Cabo, Mexico.

In case you’re prepared for time on the town after being within the rural areas, head to the Gallery District of San José del Cabo, which is a particularly walkable space with tons of artwork galleries and eating places to go to.

My favourite meal of the journey was at Don Sanchez, which boasts modern Mexican delicacies. Order considered one of their cocktails to begin your meal – the presentation dazzles – or have the waiter suggest one of many native Mexican wines on the menu. The waiters are nicely versed in every course they bring about, providing you with new perception to the produce accessible within the space and appreciation for the world of Los Cabos. 

Melissa traveled to Santiago and San José del Cabo on invitation from the Los Cabos Tourism Board. Lonely Planet doesn’t settle for freebies in alternate for optimistic protection. 

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A large mountain escalator may change mountain climbing ceaselessly

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A large mountain escalator may change mountain climbing ceaselessly


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Is China innovating mountain climbing? Extra wild information inside.

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