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By Nishang Narayan
Published on June 12, 2024
Leading luxury hospitality company, Four Seasons Hotels and Resorts, and Austin Capital Partners announced that Turnbridge Equities, a vertically integrated investment and development firm with over $4 billion in assets under management, led by founder and managing principal Andrew Joblon, has become the co-development partner of Four Seasons Private Residences Lake Austin. The transaction was arranged by Doug Opalka of JLL and Jason Parker of Cobalt Equities. Turnbridge's substantial investment allows the project to start construction as planned this fall, with an expected opening at the end of 2027.
The new Lake Austin residential community will be distinguished by its unprecedented views, modern architecture, and Lissoni-designed interiors, private waterfront access, and approximately 100,000 square feet of private amenities. Michelin-starred chef-led dining and a dedicated Four Seasons staff will exclusively manage every aspect of the property's luxury service offering. Surrounded by 2,000 acres of protected land, Four Seasons Private Residences Lake Austin comprises 145 acres of pristine natural landscape and 3,070 linear feet of untouched waterfront. The private enclave is 20 minutes from downtown Austin but feels worlds apart, offering protected panoramic views of the lake, Pennybacker Bridge, PGA golf course, and downtown skyline.
Turnbridge Equities has a reputation for executing first-class developments and has deep ties to the local area. Turnbridge partnered with MSD Capital to develop Austin's acclaimed Music Lane project on South Congress Avenue, featuring first-to-market concepts including Soho House, Equinox, Hermes, and other high-end retailers.
"We look forward to working with Four Seasons Hotels and Resorts and our globally-renowned design team in helping realize this amazing vision," said Andrew Joblon, founder and managing principal of Turnbridge Equities. "We are diligently working to commence construction this fall."
"We're excited to come together with a highly-aligned partner in Andrew Joblon and Turnbridge Equities to build this one-of-a-kind community that is unique in both location and the experiences it will provide residents," said Jonathan Coon, CEO of Austin Capital Partners. "Turnbridge was one of the first developers to recognize that Austin was ready for world-class real estate development nearly a decade ago. We look forward to working together to create a best-in-class community."
Setting a New Standard in the Global Residential Market
Coupled with legendary five-star service, owners and their guests will enjoy an extensive collection of amenities and experiences with timeless interiors by Lissoni. Each of the property's four distinct resort clubs will feature furniture designed by the brand, including bespoke pieces. Purposefully designed to feel private despite their scale, shared spaces by Lissoni will include:
The Upper Clubhouse: Featuring a Michelin-starred chef-led private restaurant, a 96-seat theater with a 60-foot-wide LED screen, and a 300-foot infinity-edge pool with three lounging and swimming zones, as well as an adjacent game room and private cabanas.
Indoor Sports Club: A state-of-the-art, 76,000-square-foot facility with private training rooms, golf simulators, a full-size indoor basketball court, indoor clay tennis court, indoor pickleball courts, indoor padel courts, and a children's gym and play area.
Spa and Wellness Club: Featuring hot and cold plunge pools, private treatment rooms, sauna, and steam facilities in both locker rooms, and a beauty salon.
Orangerie: An indoor garden with an 82-foot indoor pool.
Other unique amenities for Lake Austin and Four Seasons standalone residences will include:
The Lake Clubhouse and 576-foot Private Marina : With lounges above the boat slips.
Owners Boating Club : With an extensive fleet of watercraft.
Funicular : From the hilltop to the lake with two independent air-conditioned cabins.
Sales are now underway at Four Seasons Private Residences Lake Austin, with a limited window for pre-construction pricing. Residences start at $4.6 million. For more information, please visit www.lakeaustinprivateresidences.com.
About Turnbridge Equities
Founded in 2015 by Andrew Joblon, Turnbridge Equities is a vertically integrated SEC-registered real estate investment and development firm with a demonstrated track record of success across a wide range of asset classes and markets. Since its inception, Turnbridge has invested or managed nearly $4 billion of capital across two managed funds and multiple co-investment vehicles. The firm pursues uniquely diversified investment strategies and a highly selective market entry process that creates long-term value for investors, occupants, and end users. Turnbridge is headquartered in New York City with additional offices in Washington D.C., Los Angeles, Austin, and Miami. To learn more, please visit www.turnbridgeeq.com.
About Austin Capital Partners
Austin Capital Partners was founded by Jonathan Coon, Jason Subotky, and Eduardo Margain. Jonathan is a co-founder of 1800contacts and a producer of the film "Napoleon Dynamite." Jason, previously at Goldman Sachs, is a partner at Yacktman Asset Management, and Eduardo is a tech entrepreneur, real estate investor, and co-founder of the Austin FC soccer team and its $260 million stadium.
About Four Seasons Hotels and Resorts
Four Seasons Hotels and Resorts opened its first hotel in 1961 and has been dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. Currently operating 122 hotels and resorts, and 48 residential properties in major city centers and resort destinations in 47 countries, Four Seasons consistently ranks among the world's best hotels and most prestigious brands in reader polls, traveler reviews, and industry awards.
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By Manu Vardhan Kannan
Published on June 10, 2026
Atmosphere Core has unveiled its Core Impact Report 2025, presenting the environmental initiatives and measurable outcomes achieved across its Maldives resort portfolio. Released on Earth Day 2026, the report highlights the company's efforts to integrate sustainability into daily operations, with a focus on marine conservation, renewable energy, waste management, and resource efficiency.
The report offers stakeholders and the wider hospitality industry a detailed look at how environmental commitments are being translated into practical action across one of the world's most environmentally sensitive tourism destinations.
A key highlight of the report is Atmosphere Core’s continued investment in coral reef restoration. Across its resorts, more than 16,600 coral fragments have been planted on 360 reef frames, supporting the regeneration of marine ecosystems facing increasing climate-related challenges.
At OBLU SELECT Sangeli, the Muraka Conservation Project continues to play a significant role in the company’s sustainability efforts. Since its launch in 2019, the initiative has focused on coral restoration, marine-life monitoring, environmental education, and guest engagement through coral adoption programmes and marine biology experiences.
The project has also benefited from collaboration with the Maldives’ environmental authorities through the Rasfari Reef Restoration Programme. This partnership supports a more science-led approach to reef conservation and aligns resort-level initiatives with broader environmental restoration goals in the region.
The report also highlights conservation efforts at Atmosphere Kanifushi Maldives, where pyramid-shaped coral cage nurseries are being used to encourage healthy coral growth before transplantation into surrounding reef areas. The initiative reflects the company’s approach of implementing location-specific solutions while contributing to larger conservation goals across its portfolio.
Beyond marine conservation, the report details the company’s progress in energy and resource management. During the past year, Atmosphere Core generated 7.9 million kilowatt-hours of solar power, meeting 13 per cent of the total energy requirements across its resorts.
Waste management initiatives also delivered notable results. Through waste-to-value systems, including the conversion of 140 tonnes of organic waste into biogas energy, the company saved more than 2.1 million litres of diesel and prevented over 5,700 tonnes of carbon emissions.
The report further highlights efforts to reduce single-use plastics across the portfolio. Atmosphere Core eliminated more than 2.1 million plastic bottles and 1.48 million plastic straws across its nine-resort portfolio, demonstrating how operational changes can significantly reduce environmental impact at scale.
With sustainability becoming an increasingly important focus within global tourism, the Core Impact Report 2025 highlights Atmosphere Core’s ongoing efforts to combine responsible hospitality practices with measurable environmental outcomes across its Maldives operations.
Published on June 9, 2026
Four Seasons Resorts Maldives has announced the launch of Learn with Legends, a new family-focused summer camp designed to combine learning, adventure and island experiences. Running from July 20 to August 31, 2026, the complimentary programme will take place across Four Seasons Resort Maldives at Landaa Giraavaru and Four Seasons Resort Maldives at Kuda Huraa.
Bringing together globally recognised athletes, coaches, explorers and storytellers, the initiative offers guests an opportunity to learn directly from experts while enjoying a memorable island holiday. The programme includes workshops, coaching sessions and guided adventures that encourage skill-building, personal growth and meaningful family experiences.
At Landaa Giraavaru, football enthusiasts can train with former German captain Arne Friedrich, former England captain Casey Stoney, England centurion Jill Scott and former Premier League midfielder Steve Sidwell. At Kuda Huraa, surfing sessions will be led by former elite professional surfer and coach Ross Williams alongside former Championship Tour surfer Travis Logie.
The programme also features martial arts and wellness experiences. Angela Lee Pucci, former six-time world champion and Brazilian Jiu-Jitsu black belt, and coach Bruno Pucci will lead sessions at Landaa Giraavaru. At Kuda Huraa, Brazilian Jiu-Jitsu pioneer and multiple-time world champion Leo Vieira will conduct training sessions. Indian Shaolin monk and Kung Fu master Hurssh Verma and national Kungfu champion Guo Jing will offer classes across both resorts.
Adding a focus on exploration and conservation, award-winning filmmaker and ocean storyteller Craig Foster, known for My Octopus Teacher, will join world-record explorer Ash Dykes to lead immersive storytelling and discovery experiences. Guests at Landaa Giraavaru will also have the opportunity to learn from oceanographer Dr Phil Hosegood through marine science and ocean-focused activities.
The complimentary programme includes a variety of workshops and activities, although selected experiences will be offered in limited numbers and subject to availability. Families can take part in football coaching, surfing lessons, martial arts training and conservation-focused adventures led by experts in their respective fields.
For guests looking for a more personalised experience, private one-to-one coaching sessions will also be available at an additional cost and subject to availability.
Commenting on the initiative, Armando Kraenzlin, Regional Vice President of Four Seasons Resorts Maldives, said:
"Learn with Legends offers a fresh perspective in luxury family travel, where world-class talent, meaningful experiences and exceptional surroundings come together to create something truly transformative. What makes this program so powerful is the human connection: guests aren't simply learning skills and participating in activities. They are engaging with some of the world's leading figures in their fields and accessing high-level inspiration that will resonate well beyond their stay."
To complement the summer programme, Four Seasons Resorts Maldives is also offering its Stay Longer package at both Landaa Giraavaru and Kuda Huraa. Families booking four consecutive paid nights will receive a complimentary fifth night, daily breakfast for two, one dinner for two at selected restaurants, and a shared island experience such as a Dolphin Cruise or Sunset Fishing excursion.
With a blend of sport, adventure, conservation and personal development, Learn with Legends aims to offer families a unique summer experience where learning and leisure come together in one of the world's most sought-after island destinations.
Published on June 7, 2026
American Airlines has announced the temporary suspension of select routes during August and September as rising jet fuel costs continue to impact airline operations. The carrier said the schedule adjustments are a response to elevated operating expenses and broader challenges affecting the aviation industry.
In a statement, the airline confirmed that passengers impacted by the route suspensions will be offered alternative travel arrangements or refunds. American Airlines also clarified that the affected services are being suspended temporarily and that no routes are being permanently removed from its network.
The airline noted that the decision reflects wider industry trends as carriers worldwide face increasing pressure from higher fuel prices and operational costs. Despite the temporary changes, American Airlines said it remains committed to offering one of the largest flight networks in the United States.
The increase in jet fuel costs has become a major concern for airlines, with fuel accounting for a significant share of operating expenses. Industry data indicates that jet fuel prices have risen sharply in recent months amid disruptions in global oil supplies and ongoing geopolitical tensions.
The situation has been further affected by reduced traffic through the Strait of Hormuz, one of the world's most important oil transit routes. Continued disruptions have contributed to supply concerns, leading to higher energy prices across several sectors.
As airlines adjust to these conditions, many carriers have introduced schedule reductions, revised flight frequencies and implemented cost-saving measures. Some airlines have also increased fees and reduced certain customer benefits to offset rising operational expenses.
The impact is being felt beyond the aviation sector, with higher fuel costs contributing to increased prices for transportation, food and other essential goods. Travellers may also face fewer flight options and higher airfares as airlines continue to navigate the challenging operating environment.
American Airlines has not yet provided a detailed list of the affected routes. However, reports indicate that six routes, primarily involving services from Los Angeles and other destinations across North America, could be impacted by the temporary suspensions.
The airline said it will continue monitoring market conditions and operational costs while making adjustments aimed at maintaining network efficiency and service reliability.
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