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1270 posts

Prism Life Plans IPO with Valuation Target of $7–8 Billion, Supported by Recent Operational Milestones

  • b.courtin
  • 8 June 2026
💰 Prism Life targets a $7–8 billion valuation for its IPO, down from a peak of $12 billion. The draft red herring prospectus, open for a 21-day public comment, launches this summer. Former SEBI Chairman joins the board to ensure governance. Founder Agarwal seeks liquidity to repay SoftBank debt. Recent milestones: G6 Hospitality acquisition, villa rental launch, and positive EBITDA boost investor confidence. The IPO timing depends on market and investor interest.
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How Traditional Chinese Medicine is Shaping Modern Drinking Culture in China and Influencing Global Trends

  • 8 June 2026
🧉 In recent years, Asia's F&B industry has seen a shift as consumers opt for beverages offering more than just taste. Traditional Chinese Medicine (TCM) is influencing this trend by integrating health benefits into drinks. This change is driven by a new generation prioritizing wellness, transforming traditional brews into functional indulgences that appeal beyond gratification. Locations and dates are unspecified, but the impact is notable across the region, with potential global influence.
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China's Baijiu Seeks Global Appeal Through Flavor Refinement and Integration into Cocktail Culture

  • 8 June 2026
🍺 Baijiu, traditionally a staple in Chinese banquet halls, is now being adapted for a global market. Efforts include flavor refinement and integration into the cocktail culture, marking China’s national spirit's entry onto the international scene. The article "From Banquets to Bars, Can China’s Favourite Spirit Go Global?" was featured on Saladplate, highlighting this significant shift in Baijiu's consumption and appeal.
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  • 2 min

Maxalto Unveils Artemone Collection by Antonio Citterio, Featuring New Horizontal Configuration and Elegant Design

  • La Tribune de l'Hôtellerie
  • 6 June 2026
📕 Maxalto's Artemone collection, designed by Antonio Citterio, reimagines the traditional dining cupboard with versatile storage solutions. Originally introduced to complement dining rituals, the collection now includes a horizontal configuration with drawers. Emphasizing 1960s design language, it features clean lines and a die-cast aluminium base for visual lightness. Available in finishes like grey oak and brushed oak, Artemone offers flexible configurations for organized living.
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DEDON Unveils TRICOT, a Modular Outdoor Furniture Collection Inspired by Knitted Textiles and Handcrafted Weaving

  • La Tribune de l'Hôtellerie
  • 6 June 2026
🏟 Designed by Barber Osgerby, the TRICOT collection by DEDON, inspired by knitted textiles, offers modular outdoor seating with handcrafted weaving. Who? DEDON and Barber Osgerby. Where? Philippines (craftsmanship); inspired by coastal landscapes. What? Modular outdoor furniture. How? Handwoven using DEDON Fiber Touch, requiring over 50 hours per chair. Available in Oat Knit and Haze Knit colors, it adapts to various configurations, enhancing outdoor living with its tactile comfort and sculptural form.
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Six Structural Shifts Reshape Food and Beverage Programs at Ultra-Luxury Properties in the Maldives

  • Andrzej Sakowicz
  • 6 June 2026
🌴 Ultra-luxury properties in the Maldives are transforming their food and beverage (F&B) strategies due to six structural shifts. In the island's captive environment, F&B quality is critical for guest satisfaction. This evolution affects how these properties curate their guests' dining experiences, focusing more on unique and diverse offerings that enhance overall satisfaction and align with the high expectations of travelers seeking unparalleled luxury.
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Luxury Residential Markets Focus on Clubhouse Amenities with Emphasis on Food and Beverage Offerings as Key Differentiator

  • Laura Vana
  • 6 June 2026
🏠 Developers are focusing on clubhouses as key differentiators in luxury residential markets. This shift is part of a subtle arms race where food and beverage (F&B) offerings are becoming crucial. While many developers consider it secondary, this trend is reshaping how residential projects appeal to potential buyers. The emphasis on unique F&B experiences within these exclusive spaces is setting a new standard in luxury living, diverging from traditional focuses like size or views.
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Consumer Preferences Shift from Cuisine Type to Overall Dining Experience, Survey Reveals

  • James Hacon
  • 6 June 2026
🍽 Ask most operators what they sell, and they'll mention food. Yet, consumers aren't just seeking Italian cuisine. They're asking, "what kind of evening do we want?" This shift highlights how dining experiences have become about more than just food, influencing restaurant strategies. As preferences evolve, operators must adapt by offering unique and memorable experiences that cater to a broader set of desires, beyond traditional culinary expectations.
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Experiential Dining Competitions Rise as Traditional Restaurants Face Structural Leisure Time Shift

  • Laura Vana
  • 6 June 2026
🍴 Restaurants are facing competition from experiential venues that engage and entertain. This trend is part of an "experiential revolution," a structural shift redefining leisure time. While traditional dining isn't in crisis, it must adapt to remain relevant in an era where consumers seek more than just food.
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  • 2 min

Mews' Initial Deployment at Mosaic House 12 Years Ago Sparked Key Developments in Hostel Management Software

  • 5 June 2026
🏨 12 years ago, Mews launched at Mosaic House, a former hostel now a boutique hotel. The team faced difficulties scaling their system from 56 rooms to 450 beds without AI import tools. Tasks meant to take 1 day stretched to 3 due to the absence of a group module, requiring manual entry for group check-ins. Despite challenges, the team built essential features like Mews Spaces. Key support came from Nah-Dja Tien, Rosta Sikora, and the late Gilles.
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