Tag Archives: biggest

Digital Detoxes to Celebrity Chefs, Experience Next Year’s Biggest Travel Trends

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Digital detoxes, farm-to-fork cuisine and opulent spa treatments are just a few of the travel trends predicted to attract holidaymakers in 2014. With travellers demanding more than ever from their well-earned holidays, Orient-Express Hotels Ltd.’s luxury hotels, trains and cruises offer a range of on-trend experiences and packages to cater to the 21st-century traveller’s every whim.

travel trends

Holidays are no longer seen as an excuse to over-indulge, with an increasing number of travellers looking to maintain their exercise regime during a ‘Fitness Fusion’ break. Guests at Napasai on Koh Samui, Thailand can discover the ancient art of Muay Thai in the hotel’s authentic Thai boxing ring; La Residencé Phou Vao in Luang Prabang, Laos has introduced archery lessons in its UNESCO World Heritage garden; and golf enthusiasts can improve their swing during a golf tour on The Royal Scotsman, the UK’s only luxury sleeper train. Athletic types can discover local sites during a jogging tour with a personal trainer at Hotel Caruso in Ravello, Italy or take on even tougher fitness challenges such as the Angkor Wat Half Marathon at La Residencé d’Angkor in Siem Reap, Cambodia and the Madrid Marathon at Hotel Ritz Madrid in Spain.

Given that many people now sleep next to their mobile phones, it’s unsurprising they crave a ‘Digital Detox’ to escape the demands of modern technology while on holiday. Luxury river cruisers Orcaella and Road to Mandalay in remote Myanmar offer the ultimate switch-off experience, with no Wi-Fi or phone reception to distract guests from the spectacular backdrop of golden temples and remote villages. Limited internet access on board the barges of Afloat in France also encourages quality family time, as children abandon their iPads to help the crew navigate through scenic Burgundy.

The public’s passion for ‘Celebrity Chefs’ shows no signs of waning in 2014 and travellers can now engage with their favourite culinary masterminds on holiday. Next year, some of the UK’s most celebrated chefs including Marcus Wareing, James Martin, Tom Kerridge and Raymond Blanc are set to create pop-up dinners on board luxury UK day train the British Pullman, while Ken Hom will front a new Pan Asian restaurant at the iconic Copacabana Palace in Rio de Janerio, Brazil.

Travellers are increasingly eager to broaden their skillset on holiday with ‘Brain-Boosting Experiences’ led by experts. Next November, acclaimed author Alexander McCall Smith will lead an intimate six-day safari through the setting of his No. 1 Ladies Detective Agency series at Eagle Island Camp, Savute Elephant Camp and Khwai River Lodge in Botswana, Southern Africa. Guests at Jimbaran Puri Bali in Jimbaran Bay, Bali can create their own scent during a perfume making workshop, while drink connoisseurs can meet winemakers during Afloat in France’s week-long Grands Crus Cruise and take a four-night whisky tour on board The Royal Scotsman, partnered with The Scotch Malt Whisky Society. Back in the UK, budding chefs can spend a day in the Michelin starred kitchen at Raymond Blanc’s Le Manoir aux Quat’Saisons in Oxfordshire.

People have never been more conscious of what they eat, with an increasing focus on locally produced, ‘Farm to Fork’ cuisine that extends to their holiday. Guests at Mount Nelson Hotel in Cape Town, South Africa can experience the trend first hand during an urban foraging experience, collecting culinary treats from the local landscape which are then prepared by the hotel chefs. In another nod to sustainable produce, El Encanto in Santa Barbara, California produces branded cheese using milk from the hotel’s own cow, Ellie, and prepares restaurant dishes using ingredients from an on-site organic garden.

Spas are getting even more creative with their treatments, with a focus on opulent and unusual ‘Treasure Treatments’ in 2014. Charleston Place in South Carolina, USA offers an exclusive 24-carat gold facial, guests at Reid’s Palace on Madeira, Portugal can indulge in a luxurious body treatment using caviar and the spa menu at La Residencia in Deia, Mallorca includes a purifying treatment containing diamond dust.

Once-in-a-lifetime experiences are more popular than ever as travellers strive to make the most of their time away with ‘YOLO’ (‘you only live once’) and ‘FOMO’ (‘fear of missing out’) activities. Guests at La Residencé d’Angkor can capture the ultimate Kodak moment during an open-sided helicopter ride over Cambodia’s world-famous Angkor temple complex. Hotel das Cataratas in Iguassu, Brazil, offers a thrilling flight over the spectacular Iguassu Falls and luxury sleeper train, the Venice Simplon-Orient-Express, evokes the golden age of travel during an unforgettable journey from Venice to Istanbul, passing through Bulgaria, Bucharest, Budapest and Vienna.

Further details or to book, please call the UK Reservations team on 0845 077 2222 or visit www.orient-express.com.

Royal Mail to float – what interested investors should do

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The biggest privatisation for two decades

 

·         Royal Mail to float

·         What interested investors should do

·         IPO Q & A

Today the Government have announced plans to float the Royal Mail in what could be the largest privatisation for two decades. The state-owned postal service could be valued up to as much as £3 billion in an initial public offering (IPO) taking place this year.

 

Richard Hunter, Head of Equities, Hargreaves Lansdown;-

““The success of the Direct Line Group & esure share offers has reignited private investor interest in IPOs. The offer of shares to the public is reminiscent of the float of British Gas in the 1980’s which was accompanied by the “Tell Sid” Campaign. Shares will be marketed to the public and any investors aged over 18 will be able to apply for shares.

 

What interested investors should do

 

Richard Hunter

 

“We don’t have the details of the IPO yet. Investors can register their interest with a stockbroker now and when a prospectus and application pack becomes available they will contact you with all the information needed to invest.”

 

Tell Sid? – Investing in an Initial Public Offerings (IPOs) Q & A

 

From the first “Tell Sid” privatisation of British Gas in the 1980s, flotations and Initial Public Offerings (IPOs) have always been of interest to the investor. Richard Hunter, Head of Equities, explains how they work.

 

What is an IPO?

 

An Initial Public Offering (IPO) is where the owner(s) of a company sell all of part of their stake to the public in order to raise money. This cash can then be used to grow the company or simply be returned to the owners. An IPO is also commonly called a flotation.

 

An IPO may only be made available to institutional investors or to a mixture of private (retail) and institutional investors. An IPO happens in three stages.

 

1.            The Intention to Float – The company announces to the stock market, public stating they wish to float the company

2.            Preparation of Prospectus – The company will then prepare and release a prospectus. This aims to be the definitive document relating to the launch and will describe the offer in detail. Applications to buy shares in an IPO should always be made on the basis of the information contained in the prospectus

3.            Sale of shares – The company and their advisers invite applications for the shares. The IPO will be open for a fixed time known as the Offer Period

 

When will the share price be known?

 

In some cases fixed price offers are made and the investor will know the share price in advance. Alternatively the share price will not be known until the date the company floats. In some cases the company will provide an indicative range for the flotation price of the shares e.g. £2.00 to £2.20. The precise price won’t be fixed until near the listing date and may depend on demand for the shares. Once the share has floated on the open market, the price will the rise and fall as all other shares do.

 

Why would investor want to get buy shares at IPO?

 

An IPO allows investment in a company when it first enters a stock market.

 

When will shares go on sale?

 

The timetable for an IPO generally spans four weeks. An Intention to Float announcement is made and then around two weeks later the prospectus is issued and the offer period starts. It is during this period investors can apply for shares.

 

Where can investors get a prospectus for an IPO?

 

Interested investors should contact a stock broker who will be able to register your interest in receiving a prospectus. In some cases a stock broker will provide research and updates as information becomes available. For example, Hargreaves Lansdown has been involved in the majority of IPOs over the last 30 years.

 

How do investors buy IPO shares?

 

Investors can buy IPO shares through a stockbroker. A share dealing account should be opened and money deposited to buy the shares. This can be done online or over the telephone using a debit card, or alternatively a paper application accompanied by a cheque can be used.

 

How many shares can investors buy from an IPO?

 

There is normally a minimum number – If the offer is oversubscribed investors may not be able to buy all the shares they want to buy. If this is the case the balance of money can be used to buy other shares or can be refunded.

 

Can investors buy IPO shares through an ISA, SIPP or Junior ISA?

 

In some cases money in an ISA, SIPP or Junior ISA can be used to buy IPO shares. This depends upon which market the company is listing upon and the type of IPO.

 

What dealing costs are paid?

 

Buying IPO shares is often free for investors.

 

Hargreaves Lansdown’s charges are as follows:

 

IPO share purchase                         Free

Share account charge                     Nil (Other charges to hold shares may apply e.g. in ISA and SIPP (ISA – 0.5% capped at £45 a year, SIPP – 0.5% capped at £200 a year).

 

Selling IPO shares will be subject to a dealing charge from £5.95 and no more than £11.95 (online).

 

Buying IPO shares after the offer period, when the shares are available in the market, will be subject to a dealing fee of no more than £11.95 (online) plus stamp duty of 0.5%.

 

Is there a minimum holding period? How quick can an investor sell?

 

There is no minimum period, but generally it takes 3 working days from the date of the float to issue the shares and selling cannot practically happen before then.

 

How will investors be able to sell IPO shares?

 

This is easy. Simply choose when and how many to sell, and execute the deal online or alternatively instruct a sale over the telephone. Dealing online is almost always cheaper than dealing over the telephone.

 

Will there be a dividend from IPO shares and if so, how will they be paid and when?

 

This depends upon the company. The prospectus will normally detail any proposed dividend policy.

 

How will investors find out if there are any special discounts or shareholder perks?

 

If there are any, they will be detailed in the prospectus

 

What are the risks?

 

The value of shares will fall as well as rise, so investors may get back less than they invested. Dividends are not guaranteed and, if paid, are variable. During the period between the Intention to Float being announced and the start of the offer period, the intention may be withdrawn. This rarely happens.

A company which is the subject of an IPO may not have a long track record and could be difficult to value or calculate a fair price. In many IPOs investors do not know the share price before committing to buy and therefore may end up buying at a higher price than they wished.

Investors should read the prospectus and any supplementary documentation as this will include the main risks of investing.