The Ritz-Carlton, Guangzhou Named Five-Star Hotel by Forbes Travel Guide in Its Official 2015 Star Rating Announcement

Written by COMTEX on . Posted in Luxury Travel & Lifestyle

GUANGZHOU, CHINA, Mar 05, 2015 (Marketwired via COMTEX) -- The Ritz-Carlton, Guangzhou was honored with a prestigious 2015 Forbes Five-Star Award by Forbes Travel Guide. The luxury Guangzhou hotel is one of 23 hotels in Greater China and one of the Top 115 hotels worldwide to achieve the Forbes Five-Star rating.

Big Apple is world’s hottest luxury property market

Written by Ansuya Harjani Courtesy CNBC on . Posted in Luxury Business News

New York's luxury property market was on fire in 2014, with high-end home prices registering the biggest gains globally, according to Knight Frank. The value of high-end residential property in the U.S. financial center soared 18.8 percent between December 2013 and December 2014, far outpacing the global average price growth of 2 percent, the real estate consultancy's annual Wealth Report showed on Thursday.