First Marriott Hotel to open in Split
A brand of hotels, Courtyard by Marriott, owned by Marriott International, will open in Croatia’s tallest building next summer. Courtyard by Marriott will occupy floors 16 to 26 in the Dalmacija Tower at the Westgate Towers in Split. The south tower where the hotel will be located will be 115 metres-high once it is complete, making it officially the tallest construction in Croatia. It will have 6 underground levels, a ground level and 27 floors. Last week an agreement was signed by Westgate Tower and Marriott International for cooperation. The hotel will be the first Marriott hotel in Croatia. “We are pleased to present the arrival of Courtyard by Marriott in Split, which is the first direct investment of Marriott International in Croatia. Although when entering the market of certain countries we choose the capital city for the opening of the first hotel, we made an exception in Croatia,” said Matt Hughes from Marriott International. The 4-star Courtyard by Marriott will have 190 rooms and apartments when it opens in 2019.
First Dublin-Zagreb Flight Lands
The first flight in the new Dublin-Zagreb route launched by Croatia Airlines landed just after 2 pm on Thursday in the Croatian capital. The were no scheduled flights between the two capitals but due to the growing Croatian diaspora in Ireland and an increase in tourists to Croatia from Ireland, Croatia’s national carrier have introduced a Dublin – Zagreb route for the first time in its history. Croatia Airlines operated several charter flights between Osijek and Dublin over the Christmas period in 2016/2017. From 3 May until 25 October Croatia Airlines will fly between Dublin and Zagreb on Thursdays and Sundays. Passengers can fly to Dublin from Split and Dubrovnik with the flight going via Zagreb.
Vodafone to buy Liberty assets in four European countries for nearly $23B
Britain’s Vodafone has agreed to buy the operations in four European countries from John Malone’s Liberty Global for nearly $23 billion. The deal would create one of the continent’s biggest telecommunications carriers. Liberty Global, the world’s biggest international cable company, has agreed sell its businesses in Germany, Hungary, Romania and the Czech Republic. Vodafone will get access to 54 million homes on its cable and fiber network and enable it to cross sell a range of services to those customers, while also taking out costs. The deal would be one of the biggest in Vodafone’s history.
Walmart to buy controlling stake in India’s Flipkart for $16B
MUMBAI/NEW YORK (Reuters) – Walmart Inc has agreed to pay $16 billion for a roughly 77 percent stake in Indian online shopping site Flipkart. The deal will help the Bentonville, Arkansas-based retailer fortify and boost market share against Amazon.com, which reportedly had tried to make a competing offer for a stake. “India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of e-commerce in the market,” Doug McMillon, Walmart’s Chief Executive Officer. Buying a stake in Flipkart, which sells everything from soaps to smartphones and from books to clothes, gives Walmart access to the fledgling Indian e-commerce market that could potentially be worth $200 billion in a decade, according to Morgan Stanley.