London’s Landmark Hotel The Cavendish Is Up for Sale

Suzanne Plunkett  / Bloomberg

A pedestrian passes by The Cavendish Hotel. The owners of London’s Cavendish hotel in the upmarket St. James’s neighborhood hired brokers to sell the property for about $325 million. Suzanne Plunkett / Bloomberg

Skift Take: The owners of London’s Cavendish hotel have hired brokers to sell it for about $325 million (£250 million). They’re betting it’s a desirable property. A stay in the four-star hotel costs up to $1,400 a night.

— Sean O’Neill

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British Airways Parent Isn’t Interested in Buying Thomas Cook’s Airlines

Neil Frazer  / British Airways

A British Airways A380 flying over the cliffs at Dover. BA parent company IAG isn’t interested in buying any other airlines at the moment. Neil Frazer / British Airways

Skift Take: Despite playing a key role in European airline consolidation over the last few years, it seems IAG’s arch dealmaker Willie Walsh is now happy to sit back and let others fight it out.

— Patrick Whyte

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