logo
Hilton's NoMad Hotels luxury lifestyle brand to debut in Detroit

Hilton's NoMad Hotels luxury lifestyle brand to debut in Detroit

Yahoo2 days ago

NoMad Hotels, part of global hospitality company Hilton, is set to introduce a new hotel in Detroit, Michigan, US, marking a development in the city's ongoing revitalisation efforts.
The NoMad property will be situated within The Station at Michigan Central, a 30-acre technology and cultural hub, aiming to breathe new life into the historic, once-abandoned passenger rail station.
Michigan Central CEO Josh Sirefman said: 'NoMad's track record of thoughtfully integrating into culturally significant places and for creating spaces that celebrate local character made them a natural fit.
'This partnership is a continuation of our work of turning The Station at Michigan Central into a global destination that serves residents and attracts visitors as well as inspiring entrepreneurs, industry, and creatives.'
Following an agreement signed with Ford Motor Company, the hotel is set to open in 2027.
The NoMad property in Detroit will feature around 180 guest rooms, including 30 suites, and will occupy the top five floors of The Station's tower.
This will be the first time in the building's history that floors 14-18 will be used. The hotel is expected to offer wellness facilities and other amenities.
Inaugurated in 1913 and designed by the architects behind New York's Grand Central, The Station is poised to anchor the hotel's design, which will be influenced by a collaboration with local artists and makers.
NoMad's signature restaurant and bar concepts will reimagine The Station's historic restaurant and carriage house.
The announcement of NoMad Detroit comes after Michigan Central and Ford opened The Station in June 2024. The project now moves into its next phase, establishing The Station as a global destination. The site has already attracted multinational corporations and small businesses.
Hilton Luxury and Mixed-used Development vice president Kara Randall said: 'This project is one of many new locations for Hilton's luxury brands, following announcements in Turks & Caicos, Egypt, Singapore and India.
'With our existing NoMad footprint in London and NoMad Singapore in the pipeline in Asia, we chose to announce our next NoMad project with Ford, who, like Hilton, represents iconic American companies at this quintessential crossroads for US travel in the historic renovation of Michigan Central Station.'
This latest venture is a key addition to Hilton's luxury portfolio, which now includes more than 500 properties globally.
Hilton's recent luxury openings span across the globe, from Costa Rica to Paris, and the company has around 100 luxury hotels in development.
Earlier in 2025, Hilton opened the Sanctity Hotel, a Tapestry Collection property, further expanding its presence in the US hospitality market in Rancho Cucamonga, California.
"Hilton's NoMad Hotels luxury lifestyle brand to debut in Detroit" was originally created and published by Hotel Management Network, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Asian shares trade mixed after Wall Street's rally stalls on U.S. economic data
Asian shares trade mixed after Wall Street's rally stalls on U.S. economic data

Yahoo

time33 minutes ago

  • Yahoo

Asian shares trade mixed after Wall Street's rally stalls on U.S. economic data

TOKYO (AP) — Asian shares were mixed on Thursday, as Wall Street's big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy. U.S. futures edged lower and oil prices declined. Japan's benchmark Nikkei 225 shed 0.2% to 37,658.46, while Australia's S&P/ASX 200 declined nearly 0.1% to 8,535.10. In South Korea, the Kospi jumped 2.1% to 2,829.48 after the country's new president and leading liberal politician Lee Jae-myung began his term, vowing to restart talks with North Korea and beef up a trilateral partnership with the U.S. and Japan. Hong Kong's Hang Seng gained 0.9% to 23,856.54, while the Shanghai Composite was little changed, inching down less than 0.1% to 3,374.30. On Wednesday, the S&P 500 finished the day virtually unchanged at 5,970.81 and remained 2.8% below its all-time high. The Dow Jones Industrial Average fell 0.2% to 42,427.74, and the Nasdaq composite added 0.3% to 19,460.49. The action was stronger in the bond market, where Treasury yields tumbled following the weaker-than-expected economic updates. One said that activity contracted for U.S. retailers, finance companies and other businesses in the services industries last month, when economists were expecting to see growth. Businesses told the Institute for Supply Management in its survey that all the uncertainty created by tariffs is making it difficult for them to forecast and plan. A second report from ADP suggested U.S. employers outside of the government hired far fewer workers last month than economists expected. That could bode ill for Friday's more comprehensive jobs report coming from the U.S. Labor Department, which is one of Wall Street's most anticipated data releases each month. So far, the U.S. job market has remained remarkably resilient despite years of high inflation and now the threat of President Donald Trump's high tariffs. But weakness there could undermine the rest of the economy. Following the reports, traders built up bets that the Federal Reserve will need to cut interest rates later this year in order to prop up the economy, which in turn caused the fall for Treasury yields. The weaker-than-expected ADP report also led Trump to urge Fed Chair Jerome Powell to deliver cuts to rates more quickly. ''Too Late' Powell must now LOWER THE RATE,' Trump said on his Truth Social platform. 'He is unbelievable!!!' The Fed has yet to cut interest rates this year after slashing them through the end of 2024. Part of the reason for the pause is that the Fed wants to see how much Trump's tariffs will hurt the economy and raise inflation. While lower interest rates could boost the economy, they could also give inflation more fuel. Longer-term Treasury yields have also been rising in recent weeks because of reasons outside the Fed's control. Investors have been demanding the U.S. government pay more in interest to borrow because of worries about whether it's set to add trillions of dollars to its debt through tax cuts under discussion on Capitol Hill. Investors are hoping for deals that will lower Trump's tariffs. But nothing is assured. The European Union's top trade negotiator, Maroš Šefčovič, met Wednesday with his American counterpart, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organisation for Economic Cooperation and Development. In the bond market, the yield on the 10-year Treasury fell to 4.35% from 4.46% late Tuesday. The two-year Treasury yield, which more closely tracks traders' expectations for what the Fed will do with overnight interest rates, eased to 3.86% from 3.96%. In other dealings early Thursday, benchmark U.S. crude fell 8 cents to $62.77 a barrel. Brent crude, the international standard, edged up 1 cent to $64.87 a barrel. The U.S. dollar rose to 142.87 Japanese yen from 142.78 yen. The euro cost $1.1413, little changed from $1.1418. ___ AP Business Writer Stan Choe contributed.

Hims & Hers stock price jumps: Telehealth company acquires Zava, picking up over a million Europe customers
Hims & Hers stock price jumps: Telehealth company acquires Zava, picking up over a million Europe customers

Yahoo

timean hour ago

  • Yahoo

Hims & Hers stock price jumps: Telehealth company acquires Zava, picking up over a million Europe customers

American telehealth company Hims & Hers Health announced on Tuesday that it will be acquiring Zava, a leading European digital health company in an all cash acquisition set to close in the second half of 2025. Following the announcement, Hims' stock price (HIMS) jumped 5.8% in premarket trading. (As of midday Tuesday, the stock was trading up just under one point.) The household auto fleet is a money pit Where are the wildfires in Canada? Maps pinpoint the location of fires and air-quality threats from smoke This company asked most corporate employees to relocate to Chicago. The majority declined The move will rapidly expand Hims & Hers' reach, which has a current base of 2.4 million U.S. customers. As the only digital health company with over a decade of operations across Germany, France, Ireland, and the U.K., Zava has an active user base of 1.3 million. 'The demand for simpler, more personalized healthcare is universal,' said Andrew Dudum, founder and CEO of Hims & Hers, in a press release. 'By leveraging Zava's established European presence, cutting-edge technology, and deep customer understanding, we're poised to fundamentally transform access to care for millions across Europe. Whether in rural towns, vibrant cities, or remote communities across Europe, people battling widespread, often silent chronic conditions like obesity, depression, and more will have access to the personalized, high-quality care they deserve.' Expanding to Europe is additionally beneficial because the E.U.'s universal healthcare policies make pharmaceuticals much more affordable relative to the U.S. This means that personalized telehealth services like Hims & Hers could become more widely accessible there. 'The medications are priced more competitively than in the U.S. so more people can actually afford it and we are seeing a huge demand,' said Zava CEO David Meinertz in an interview with CNBC. 'The demand is increasing with additional strains on the statutory systems that telehealth can alleviate.' Hims & Hers' most recent earnings report in May revealed a revenue of $586 million for the quarter, an increase of 111% over the first quarter of last year, as the platform continues to expand. The company's current market cap is $12.5 billion as of Tuesday. This post originally appeared at to get the Fast Company newsletter: Sign in to access your portfolio

Disney, Gap Inc. Build Loyalty for Each Other
Disney, Gap Inc. Build Loyalty for Each Other

Yahoo

timean hour ago

  • Yahoo

Disney, Gap Inc. Build Loyalty for Each Other

Disney and Gap Inc. have a 10-year history of collaboration — and are deepening the partnership. Starting in June, members of Gap Inc.'s loyalty program, where customers can earn and redeem points across all four of the corporation's brands, can be rewarded with Disney+ offers, and Disney+ subscribers will receive offers across the Gap Inc. brands via Disney+ Perks, the streaming service's new loyalty program. More from WWD Gap Inc. Posts Q1 Sales and Profit Gains, Extending Its Streak of Quarterly Increases Karl Lagerfeld and Donald Duck Reunite for Capsule Disney, KGL Collaboration Shines a New Light on Mickey Mouse This reciprocal arrangement provides those shopping the Disney and Gap Inc. brands with a wider choice of rewards and perks. The first Disney+ Perk in this collaboration allows U.S. subscribers to claim Old Navy Super Cash, starting June 7. Users can visit for the latest offers and to access instructions. Old Navy's Super Cash rewards customers with coupons for future purchases after they spend a certain amount. The rewards include promotional offers for Gap brand credit card holders, and through the Disney+ Perks program, an array of offers will be available over the course of the year and into 2026. Those include early access to product launches of Disney-branded merchandise from Gap and Old Navy, free shipping during collection drops (for a limited time) and Old Navy Super Cash offers. 'At Gap Inc., we're always looking for innovative ways to enhance the value we provide to our customers,' Kevin Meiners, head of loyalty and payments at Gap Inc., said in a statement. 'This campaign with Disney combines the power of storytelling and the joy of shopping to create a loyalty experience we can build on in the future, one designed to delight families and fans of all ages.' As reported by WWD, Old Navy and Disney have partnered on a summer collection for the whole family. The Old Navy x Disney collection includes denim, T-shirts, swimwear and accessories and features Mickey Mouse, Minnie Mouse, Goofy, Pluto and Donald Duck. 'It's a fresh take on classic American summer style with Disney's characters, full of thoughtful design details and unexpected twists,' said Sarah Holme, Old Navy's head of design and product development. Holme said the collection provides 'a reimagined version of Old Navy's iconic flag T and timeless-meets-trend-forward pieces.' Later this summer, Disney and Old Navy will travel cross-country creating pop-up experiences in New York City, Chicago and Los Angeles, with giveaways, photo opportunities and shoppable product experiences. In other collaborations, last year Gap and Disney rolled out a series of capsule drops, interactive events and curated brand activations. Last fall, Gap and Disney took Mickey Mouse and Minnie Mouse to a college game day moment with a fan fest party and retail pop-up in support of the fall Gap and Disney collegiate collection. Gap brand has also teamed up with Disney to launch a Muppets-inspired capsule collection, and a Lilo & Stitch capsule collection for the family tied to the live-action film. 'Disney and Gap Inc. are long-standing industry leaders, both pioneering creativity at the intersection of fashion and entertainment by delivering everyday essentials, capsule drops, and curated brand activations to consumers on a global scale,' Paul Gitter, executive vice president of Global Brand Commercialization for Disney Consumer Products, said in a statement. 'Now, with our expanded offerings from the Disney ecosystem, we are ushering in a new era of retail engagement — breaking ground in ways we have never previously explored and unlocking exciting new opportunities for fans and shoppers alike.' Best of WWD Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates Inside the Demise of Lord & Taylor COVID-19 Spikes Elevate Retail Concerns Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store