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  • Indian Millionaire Rupesh Thomas Inspires People on All Continents

    Indian Millionaire Rupesh Thomas Inspires People on All Continents

    In the era of self-made millionaires, here’s one story that travels around the world and inspires people to work hard to achieve business success. It’s the story of Rupesh Thomas, an entrepreneur that left his home in Kerala, Southern India, and made it in London.

    His secret? Chai, a traditional Indian drink that Rupesh and his wife prepare using old family recipes.

    $790 and a One-Way Ticket to London

    Ever since he was a kid, Rupesh dreamt of seeing London and was fascinated by everything British from the cold weather to people’s habits. His dream came true after college when he left India to live in England.

    Being born in a low-income family, he arrived in London with a little more than $790 (£600)–part borrowed from his father and part from selling his motorbike.

    23-year old Rupesh got a job at McDonald’s, where he was making $5.1 per hour (£4). Before starting his own business. The Indian entrepreneur got several more jobs, from carer to salesman.

    Rupesh’ s luck changed after he married Alexandra. The woman fell in love with traditional Indian Chai and, after two long years of trial and error, the couple created the right mix of tea and spices to sell on the London Market.

    A Million Dollar Business Started in the Family Kitchen

    Rupesh and Alexandra Thomas launched their Tuk Tuk Chai in 2017. They invested everything they had in the idea, £100,000 raised in more than 10 years of hard work.

    The two entrepreneurs use the Indian mix of spices and techniques to give Tuk Tuk Chai the authentic flavor that reminds its drinkers of the Indian street tea. The business is now a supplier to the luxurious Harvey Nicholas and also sells its drink through Sansbury’s.

    This year, Rupesh tried to obtain more cash to expand his business through BBC2’s program Dragon’s Den. In the end, the entrepreneur ditched investment from Peter Jones and turned to crowdfunding instead.

    Rupesh’s company raised $191,000 (£150,000) in 24 hours–for 8.5% of its equity. The company is now valued at $2.3 million (£1.85 million). The entrepreneur and his wife have invested the money in a new filtration machine and marketing.

    The Life of a Self-Made Millionaire

    Rupesh and his wife live in a £1 million house in Wimbledon. He plans to expand his business outside the UK.

    Rupesh Thomas for Business Advice:

    “We will be running a fast-growing company with a presence in North America, Australia, Middle East, Far East, Europe, and the UK. We want to take chai from the streets of India to the hotspots of London, and into the high rises of Manhattan and Tokyo and further afield.”

    Rupesh Thomas believes that his success has nothing to do with luck. In an interview for The Sun, he stated:

    “I am proof that if you work hard, you can be successful. I really am a real-life Slumdog Millionaire.”

    Featured image from Wimbledon Guardian.

  • Even Warren Buffet’s Investments Have Been Affected by Market Volatility

    Even Warren Buffet’s Investments Have Been Affected by Market Volatility

    Shares in Buffet’s Berkshire Hathaway portfolio are down 4% in October and only up 4% so far across 2018. Warren Buffet has been affected by market ups and downs, just like many other investors large or small.

    The “Oracle of Omaha”

    Buffet is one of the most successful and followed investors of all time. He’s also the third-richest person in the world and was in 2008, the richest person in the world. Buffet, known as the “Oracle of Omaha,” is worth around $84.3 billion.

    His holding and investment company Berkshire Hathaway is the third largest public company in the world and has nearly $800 billion worth of assets.

    It owns Dairycrest, Fruit of the Loom, GEICO, and BNSF Railway, among others, outright. It also owns 26.7% of Kraft Heinz Company, 17.6% of American Express, 9.4% of Coca-Cola, 6.8% of the Bank of America, and 5.22% of Apple.

    More recently, Berkshire Hathaway has increased its holdings in the major US airline carriers including United Airlines and Delta Air Lines.

    Philanthropy and Frugality

    Buffet, at aged 88, is still Berkshire Hathaway’s chairman and CEO. He’s known for his investment acumen, his philanthropic efforts, and his frugal lifestyle.

    The investor has pledged to give 99% of his fortune to charitable causes and he donates significantly to the Bill & Melinda Gates Foundation. Along with Bill Gates, Buffet founded The Giving Pledge in 2009 where billionaires commit to contributing to more than half of wealth to philanthropic causes.

    Buffet’s 2018 Investment Performance

    Berkshire Hathaway shares, the most expensive shares in history, are down 4% in October 2018, down 8% on an overall 12-month high, but up more than 4% this year. The 4% increase marginally beats the overall performance of the Dow and S&P 500.

    One of the biggest sources of Buffet’s current underperformance is the investment in Kraft Heinz, a purchase with equity firm 3G in 2013 and a further deal in 2015.

    Berkshire Hathaway owns 325 million shares in Kraft Heinz forming its third-largest holding. Kraft Heinz stocks are down 30% this year and due to report its latest earnings this week. Shares and earnings for Kraft Heinz are forecasted to drop even further as consumers choose healthier foods over processed ones.

    Berkshire Hathaway’s financial investments are also performing poorly led by 12% drops in Wells Fargo and Bank of New York Mellon stocks. Other stocks, like American Express, Moody’s, Coca Cola and Delta shares are also relatively flat for Berkshire Hathaway. General Motors stocks, another of the giant’s investments, are also down more than 10% this year.

    Saving Berkshire Hathaway’s performance for 2018 is its investment in Apple, its largest holding. Buffet’s company owns 252 million shares worth $55 billion. Apple’s latest earnings are due out any second and may determine Buffet’s success for the rest of the year.

    Featured image by Mark Hirschey.

  • Facebook CEO Mark Zuckerberg Summoned by UK and Canadian Parliaments

    Facebook CEO Mark Zuckerberg Summoned by UK and Canadian Parliaments

    In what is being described as an “unprecedented” joint move by the UK and Canadian governments, Zuckerberg is to appear before parliamentary committee members from both countries.

    Two separate parliamentary committees in the two countries have joined forces in requesting Zuckerberg to personally answer questions relating to the Cambridge Analytica scandal. Following new data breaches, both parliaments are asking for explanations regarding Facebook’s policies and data management.

    Both the UK and Canada are investigating the impact on democracy, privacy, and the incentives and rewards pertaining to false information published via social media, and in particular on Facebook.

    A Never Before Seen International Grand Committee

    The UK’s House of Commons Digital, Culture, Media and Sport (DCMS) committee has announced the intention to hold a joint hearing with its Canadian counterpart to pressure Zuckerberg into speaking directly to the UK and Canada.

    The hearing will be held in the UK parliament’s home of Westminster, London, at the end of November. According to reports, it has been dubbed the “international grand committee on disinformation and fake news.”

    Zuckerberg has appeared in front of the US Congress and Senate and the EU Parliament but has so far refused to appear in front of other parliaments. He has, however, sent junior Facebook executives.

    The UK parliamentary committee has invited other parliamentary committees from around the world to send representatives. Conservative party MP Damian Collins and Canadian MP Bob Zimmer have co-signed a letter to Zuckerberg. The letter reveals:

    “No such joint hearing has ever been held. Given your self-declared objective to “fix” Facebook, and to prevent the platform’s malign use in world affairs and democratic process, we would like to give you the chance to appear at this hearing.”

    The letter also notes that although they realize he cannot appear in front of all governments:

    “We believe that your users in other countries need a line of accountability to your organisation – directly, via yourself. We would have thought that this responsibility is something that you would want to take up.”

    Declaring that both MPs plan to issue final reports on the matter by the end of December 2018, they add:

    “The hearing of your evidence is now overdue, and urgent.”

    The UK DCMS committee called for urgent action to combat online disinformation and defend democracy a few months ago. It also suggested a charge to social media platforms to fund programs in digital literacy to better educate social media users.

    Canada’s Concerns

    Zimmer leads the Canadian Standing Committee on Access to information, Privacy, and Ethics (SCAIPE). It is concerned about a company connected to Cambridge Analytica, AggregateIQ, which is based in British Columbia, Canada. AggregateIQ provided online advertising services to the “Vote Leave” campaign in the UK during the 2016 referendum on leaving the EU, now known as Brexit.

    AggregateIQ once served as a data handler and system developer for Cambridge Analytica. The SCAIPE committee has already questioned executives from the company.

    Zimmer, potentially with colleagues, will attend the hearing in the UK which according to reports will proceed with or without, the Facebook CEO’s attendance. Zuckerberg has been given to November 7, 2018, to confirm his attendance. A Facebook spokesperson confirmed:

    “We’ve received the committee’s letter and will respond to Mr Collins by his deadline.”

    Zuckerberg has directly refused the UK DCMS committee before and the committee responded with the threat of a formal summons when he next arrived in the UK. Zuckerberg has not visited the UK since the threat was made. The joint international request to Zuckerberg is a new tactic, and the question is very much open as to whether the CEO will attend.

    Facebook’s latest data breach exposed 29 million user’s personal information, news that hasn’t helped Facebook after months of defending itself over Cambridge Analytica. On release of its Q3 earnings, it’s apparent that Facebook is beginning to feel the financial effect of the negative press and critical data privacy concerns.

    Featured image from Shutterstock.

  • 13-Year-Old Self-Made Millionaire Alina Morse Tops Amazon List with Healthy Lollipops

    13-Year-Old Self-Made Millionaire Alina Morse Tops Amazon List with Healthy Lollipops

    13-year-old Alina Morse is not your typical acne-face-filled teenager. She is a self-made millionaire who created a healthy lollipops brand that has seen her rise to become one of Amazon’s top sellers this year.

    When I was 13 years old, like most adolescents, I could barely tell my armpit from my elbow and struggled to function as a human being. Alina truly breaks the mold.

    Life Doesn’t Suck for Teenage Self-Made Millionaire

    Alina was already thinking like an entrepreneur when she was just 7 years old. At the time, her father took her to the bank where the teller offered her a lollipop. She pondered on the sweet sticky stick for a while and had a brainwave and asked dad:

    “Why can’t we make a healthy lollipop that’s good for me so I can have candy and it won’t be bad for me?”

    Definitely not the normal thinking of a child!

    That visit to the bank changed her life forever. She went on to create one of the most popular lollipop brands in America called Zollipops. This brand of lollipops are sugar-free and are actually good for your teeth as opposed to obliterating them like standard lollipops.

    Taking Top Spot on Amazon

    In the week leading up to Halloween, Zollipops became the number-1 seller on Amazon for both standard lollipops and sugar-free lollipops. Sales of Zollipop outsold major brands such as Blow Pop, Tootsie, and Dum Dums over the lead-up to the ghoulish festive period.

    When talking about the success of Zollipops over the past few weeks, the teenage entrepreneur Alina said:

    “It was very exciting because obviously, online shopping is so popular. Obviously, Amazon is the leading online retailer. It was really exciting to produce something we use in our everyday lives.”

    The method for finding the right ingredients for Zollipops was straightforward as you would expect from a child. She went online to find out what would be good for people’s teeth that also tasted good. Simple is always the best way. Less is more. She even went as far as talking to a local dentist to get some valuable advice.

    They found the right ingredients and took them to a factory where they ran some trials and concocted the recipe as it is today. You can buy Zollipops in a variety of flavors that include grape, strawberry, orange, natural peppermint, raspberry, cherry, and pineapple.

    Alina’s Zollipops can be found not only Amazon but also in Walmart and Kroger. It is believed that before the year is finished, Alina Morse will clear $6 million in sales. This is a self-made millionaire that is sassy, smart and sweet, without the sugar.

  • Julian Assange May Lose Asylum in Ecuadorian Embassy

    Julian Assange May Lose Asylum in Ecuadorian Embassy

    Julian Assange is in a strange situation. He has been hiding out in the Ecuadorean embassy in London for many years and may have to leave soon. As it stands today no one knows for sure what will happen to the head of Wikileaks, or if he would even face prosecution if he did leave the embassy.

    The latest hearing that could see him evicted was over the $6 million USD tab that he has run up since he moved into the Ecuadorian embassy six years ago.

    He was originally granted asylum, as he was being threatened with extradition to Sweden on rape charges. Mr. Assange feared that he would face deportation to the USA, who has a very nebulous legal position on the serial leaker.

    Wikileaks has been prolific in supplying the public with leaked documents that have precipitated numerous scandals. The organization has posted documents on illegal (under international law) acts committed by the US military, released millions of highly classified communications, and also gave the so-called Panama Papers a home on the internet.

    Is Julian Assange in Trouble?

    Apparently, Julian Assange feels like he should be allowed to stay in the Ecuadorian embassy in London and have his living expenses paid for by the good people of Ecuador. Not only does he want to have his internet and medical bills paid for by the small South American country, but he also wants them to pick up after his cat and let him pop off about whatever political issue he finds interesting.

    The most recent issue that Ecuador had with Julian Assange relates to comments he made in regards to Cataluna’s bid for independence, which Ecuador claims was a violation of an agreement he made not to comment on sensitive global political matters.

    The details of that agreement must be nuanced, but given the nature of Wikileaks, it would seem to be shortsighted to ask Julian Assange to keep is nose out of politics.

    In response to the comments, Ecuador cut Mr. Assange off from the internet, which he compared to ‘solitary confinement’.

    There have been many complaints hurled at Julian Assange over the six years since he arrived at the embassy. He has reportedly been aggressive with security personnel and taken to riding a skateboard aggressively in the hallways.

    The Drone Option

    Let’s be extremely clear, there is no objective evidence to suggest that Hillary Clinton ever seriously considered sending a US drone to kill Julian Assange. There is circumstantial evidence that she suggested it, and given how much classified US information Wikileaks published, it is totally possible that the USA has designs on Julian Assange’s life.

    So far the US hasn’t made any kind of formal attempt to charge him for the multitude of federal laws he has broken. During the Obama years the US Department of Justice (DoJ) concluded that if he was charged, the newspapers that ran the information would also have to be prosecuted, which clearly never happened.

    The UK and Sweden also have the ability to go after Julian Assange on minor charges, and the original rape charge that pushed him into the Ecuadorian embassy in the first place hit its statute of limitations. Other than a contempt-of-court charge in the UK, there is little in the way of formal charges standing against him at this point.

    Problems in the Private Sector

    In addition to leaking countless classified government secrets, Wikileaks has been responsible for distributing information that blew the lid of money laundering operations and organized crime.

    The governments that Wikileaks has offended might be beaten to Julian Assange by the throngs of gangsters and wildly violent dictators that have been presumably been bothered by the do-gooder. Stealing out of the pockets of the Sicilian or Russian Mafia seems like a terrible idea.

    When the Panama Papers hit the wires, a whole bunch of headaches was probably caused by people one wouldn’t want to look at the wrong way. In the end, paying for cat litter could be the last thing on Julian Assange’s mind.

    Given the potential enemies that he has created with a decade-long campaign to rid the world of corruption, he could end up being turned into cat food.

    Meow!

    Featured image from Wikipedia.

  • Alphabet Exec Steps Down After Sexual Harassment Investigation

    Alphabet Exec Steps Down After Sexual Harassment Investigation

    It seems that large corporations have learned nothing from Harvey Weinstein and the barrage of accusations and repercussions that rock through our daily lives a year on. Here we are again with Google’s parent company Alphabet facing unrest from staff and widespread discontent over the handling of a harassment case that saw an executive at Alphabet’s X research lab Richard DeVaul step down.

    DeVaul was forced to leave his post after the disclosure of a past investigation into a sexual harassment claim against him from 2015.

    Not a Good Time for Alphabet

    The Alphabet X executive’s departure comes right at a time when Google, which accounts for more than 99% of Alphabet’s business, is already in the midst of a staff outbreak over the company’s handling of such cases (or rather, failure to handle such cases by sweeping them under the rug).

    Sundar Pichai, Google’s CEO wrote to staff this Tuesday for the second time in an effort to appease the rising anger. The first time he emailed Google employees was last week in the wake of a New York Times report that revealed the company had failed to disclose the fact that the departure of at least two senior executives was due to sexual harassment claims. One of them was even given a pay-off of $90 million which infuriated employees further.

    Sweeping Sexual Harassment Under the Rug

    DeVaul was originally investigated in 2015 after a woman who had been interviewed by him for a job at X made a formal complaint. The details were kept under wraps until yesterday however and DeVaul remained an Alphabet employee for a full three more years. Google’s CEO said in his email to employees:

    “I understand the anger and disappointment that many of you feel. I feel it as well, and I am fully committed to making progress on an issue that has persisted for far too long in our society… and, yes, here at Google, too.”

    His latest attempt to appease staff will not prevent the planned walkout this Thursday of Google staff in protest over management’s handling of these cases. However, Pichai assured staff that they would be given the support needed during the protest.

    Tapping into staff sentiment and also the larger belief in society regarding major coverups of harassment cases, Google will now be taking a stronger position.

    In fact, the tech giant has already laid off 48 employees in the past two years without payoffs, including DeVaul.

    Featured image from Shutterstock.

  • Kraft Heinz Earnings Due and North American Sales May Disappoint

    Kraft Heinz Earnings Due and North American Sales May Disappoint

    Kraft Heinz Q3 earnings are due to be released tomorrow after the close of trade, and they could come in lower than expected. The food manufacturing powerhouse is suffering from shifting demographics, which may endanger their core businesses going forward.

    The Kraft company has a long history of creating food products that appear to be something they aren’t. Take Velveeta “cheese” for example. Most people expect that cheese would involve both cows and milk. Kraft’s longstanding cheese product has no milk involved in the manufacturing process, which may leave some people sorely disappointed.

    Once upon a time around a century ago, Velveeta was actually made from milk. To be more specific, it was made from broken cheese, that was bonded using whey protein. Over the course of the last 100 years, the actual cheese disappeared from Velveeta. Today it is comprised mostly of the whey protein that made it possible to begin with, and milk protein.

    Velveeta’s slow fall from milk-based grace prompted the FDA to send Kraft a letter in 2002 requiring them to remove the words “cheese spread” from Velveeta packaging, as it isn’t cheese at all. Today it’s called a “Pasteurized Prepared Cheese Product” which is still something of a stretch.

    Millennials Aren’t into Kraft Heinz

    The baby boom generation was more than willing to accept products that purported to be natural food, but their kids are demanding the real thing.

    Kraft’s cheese sales have been suffering for years. Analysts think that Kraft Heinz Q3 earnings will fall to 81 cents a share, down 2.4% from 83 cents in Q3 2017. The products that millennials are rejecting play a big role in Kraft’s problems, and they may be difficult to overcome.

    Put simply, millennials don’t seem to want food that is made in a factory and would be impossible to create without a team of PhDs and manufacturing engineers. Pine cured goat’s milk cheeses probably aren’t comparable with Kraft’s present business model, which puts the company into a quandary.

    A Faltering Business Model

    The people that are willing to buy a “Pasteurized Prepared Cheese Product” and make a sandwich out of it are nearing the end of their lives. This is a problem for Kraft Heinz, who relies on mass appeal to create their margins.

    To make matters worse, Kraft could be missing the point. Instead of working to make products that could appeal to a new kind of food buyer, Kraft is working to educate consumers about why they should use their existing products.

    Kraft claims that their Kraft Singles have a unique “melt” that natural cheeses can’t match. According to Peter Cotter, the general manager of cheese and dairy at Kraft:

    “Honestly, you can’t get that (melt) in a natural cheese… It’s a very unique product. The creamy smooth texture and melt of the cheese. The natural cheeses, they just don’t melt that way.”

    Indian Sale Probably Won’t Boost Bottom Line

    During Q3, Kraft Heinz sold off a few brands they owned in India to Zydus Wellness Ltd. for around $625 million USD. The sales won’t be official until early next year and are subject to regulatory approval.

    According to Bernardo Hees, the CEO of Kraft Heinz:

    “The sale of this niche business fits into our overall global growth strategy and our focus on investing in and growing brands within our core categories… India continues to be a key market for Kraft Heinz, and in fact, we’re strengthening our commitment to expand and grow our Heinz sauces and Kraft business in India,”

    … which suggests that the sale isn’t part of a wider move out of India.

    Kraft Heinz is also dealing with higher input costs, which may push earnings down even further. Things like aluminum and resin have been creeping up in price, due in large part to the trade war that US President Trump is waging. Regardless of the Q3 earnings print, Kraft Heinz is facing structural problems that can’t be addressed without serious changes to their core product strategy.

    Featured image from Shutterstock.

  • The Battle for YouTube Supremacy – PewDiePie vs T-Series

    The Battle for YouTube Supremacy – PewDiePie vs T-Series

    There’s a new race going on online as we speak. The Indian music label T-Series is close to becoming YouTube’s new king, after five years of the most-subscribed/to channel being PewDiePie (Felix Kjellberg from Sweden).

    This year alone, the Indian music company has earned an absolute record of 40.3 million subscribers, reaching 67.9 million subscribers in total. This epic growth brought the account to just 200,000 followers less than YouTube’s most popular channel.

    And the difference has been growing in the last few days, as Kjellberg’s fans started to get involved in the race. PewDiePie has 68.5 million followers.

    T-Series Grows 4 Times Faster than PewDiePie

    T-Series is India’s largest online entertainer. The company reached a significant milestone last year when it became the first to reach 14 billion views on YouTube, making it the most viewed channel of all times, registering over 51 billion views so far.

    In this past year, the Indian music label grew four times faster than the Swedish influencer.

    The Bollywood music label and film production company uses its YouTube channel to promote its music videos and film trailers. The content has brought an average of 90,000 subscribers a day (the amount that PewDiePie gets in a month).

    The growing number of subscribers is good for business in more ways than one. Besides the popularity, T-Series has earned more than $100 million from YouTube.

    The performance registered by the music label is mostly generated by India’s fast-growing online population. The country is now the world’s hottest mobile market, with over 500 million internet users.

    PewDiePie’s Fans Not Ready to Quit the Fight

    While the Swedish owner of PewDiePie doesn’t seem to care that much about T-Series’ expansion, the same can’t be said for his fans. According to the Independent, followers are using desperate methods to keep a significant difference between the two YouTube channels.

    However, the Swedish influencer has stated that he doesn’t care about being knocked off the top spot. This would be, in his vision, the result of YouTube not supporting independent creators anymore.

    Felix Kjellberg started his YouTube channel by posting videos in which he used to comment on video games. Lately, he switched to more general entertainment content.

    Despite being accused of racism, he has owned the most-subscribed/to YouTube channel since 2013. Thanks to the recent efforts of his fans, PewDiePie has now a consistent lead of over 600,000 subscribers over T-Series.

    In 2017, Kjellberg made $12 million thanks to his YouTube videos, according to Forbes.

    Featured image from YouTube.

  • Pizza Hut and Toyota Build a Pizza Making Truck

    Pizza Hut and Toyota Build a Pizza Making Truck

    The global pizza giant and vehicle-maker Toyota have teamed up to create a prototype truck that can cook your pizza in seven minutes while it’s being delivered.

    In a bid to keep ahead in the still growing market for pizza delivery, worth an expected $76 billion by 2022, Pizza Hut is thinking out of the box.

    Pizza Hut COO Nicolas Burquier wants to bring Pizza Hut’s ovens closer to the customer’s door, saying:

    “We’re exploring any opportunities to streamline our processes and systems that impact our team members’ experiences and making their lives easier and safer, and then we’re looking at how that impacts the customer experience.”

    The “Tundra PIE Pro.” Source: Pizza Hut

    The new mobile pizza maker, the “Tundra PIE Pro,” is being revealed at specialty automotive show SEMA 2018 this week in Las Vegas and has a refrigerator, computer-controlled robotic arms, and a portable oven.

    “The Kitchen” sits in the back of the truck bed and the whole cooking process is performed by the robot while out of delivery. Burquier said:

    “Our obsession is always the same: How do we reduce the gap between the moment when the pizza comes out of the oven and when the customer starts to enjoy eating our product?”

    The robot can pick out a pizza, place it on a conveyor that goes through a high-speed oven, and slice it and box the pizza when it’s cooked.

    The truck and its mobile kitchen are fuelled by hydrogen-fuel-cell electric power.

    The Tundra PIE Pro is actually the second prototype for Pizza Hut and Toyota. The pair’s first automation partnership was a blueprint for driverless delivery vans revealed at the Consumer Electronics Show in January.

    If Pizza Hut and Toyota combine mobile pizza making with self-driving trucks in a few years’ pizza deliveries could be completely automated. Burquier said:

    “We’re going to play with this prototype and then figure out what we can learn in order to build the future of our processes and our systems.”

    The Tundra PIE Pro might seem a little too “out of the box,” but maybe not when futuristic hot food delivery is being explored by other brands too. Domino’s Pizza has already tested pizza delivery drones in New Zealand and Uber is looking at a similar concept.

    Robot-powered manufacturing and automation in all industries is growing, creating global concern about the future jobs market and employment prospects for more manual workers.

    Industrial robot-makers ABB has recently ramped up its robot producing capacity to meet worldwide demand with plans for a new $150 million factory in China.

    Featured image from Pizza Hut.

  • Marriott to Open Luxury St. Regis Resort Tamuda Bay in Morocco

    Marriott to Open Luxury St. Regis Resort Tamuda Bay in Morocco

    Marriot International in conjunction with Eagle Hills has announced a stunning new luxury resort in Morocco called St Regis Resort Tamuda Bay. The breathtaking location for the new hotel will be the prestigious Eagle Hills owned by La Bahia Blanca luxury lifestyle development.

    If you are already getting out the sunscreen, rolling up your pants and placing a handkerchief on your head to divert the sun, calm down, because the resort won’t be open until 2020.

    Luxurious 5-Star St Regis Resort Tamuda Bay

    St Regis Resort Tamuda Bay will be the luxury hotel brand’s first soiree into Morocco, and with 100 modern rooms with unobstructed sea-views, it will be a spectacular sight when completed.

    The Marriot International President and Managing Director for the Middle East and Africa, Alex Kyriakidis was extremely upbeat when talking about the new project by saying:

    “The rich heritage and cultural and historic legacy of Morocco has long been alluring to the luxury traveler. The St. Regis Tamuda Bay represents an exciting moment for St. Regis as the brand continues to grow globally in destinations welcoming a new generation of luxury travelers.”

    Marriott Debuts in Morocco

    St. Regis Resort Tamuda Bay is the debut of the luxury brand in Morocco and will be located in the heart of Tamuda Bay, which nestles along the nation’s northwestern coastline.

    The resort will be conceptualized to pay homage to both Moroccan and Andalusian cultures with an ultra-modern and chic design with top-notch cuisine and exceptional services appealing to high-end clientele.

    St. Regis is a parent company of Marriott International and is known for its upscale resorts with world-class dining options.

    This resort will enjoy the branded King Cole bar and other onsite amenities that include a pool, a fully-equipped fitness center, and a dreamy spa. With the beach just footsteps away and a 5-star interior design, you can expect something exceptional for St. Regis’ first venture into Morocco.

    The St. Regis Resort Tamuda Bay will be the brand’s most recent project. They already have 40 luxury resorts throughout the world. Combine this with Marriott International’s 6,700 properties worldwide set across 30 hotel brands in 130 countries and you know this new venture in Morocco is going to be something special.

    Featured image from Luxury Travel Advisor.