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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 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.
LUZ Bangkok Tapas Bar, the rooftop dining destination at INNSiDE by Meliá Bangkok Sukhumvit, has unveiled a new menu that celebrates the rich and diverse flavours of Spain. Located on the 33rd floor and overlooking Bangkok’s skyline, the venue brings together authentic Spanish cuisine and a unique dining experience beneath the transparent base of the hotel's infinity pool.
The new menu has been crafted by the hotel's Spanish chef de cuisine, Juan Ignacio Garcia Racionero, popularly known as Chef Nacho. Originally from Madrid, Chef Nacho has built his culinary expertise in some of Spain’s leading kitchens and has designed the menu to showcase flavours from different regions across the country.
Drawing inspiration from Spain’s varied gastronomic traditions, the menu features everything from San Sebastian-style pintxos and Basque-influenced dishes to Madrid street-food favourites, Andalusian seafood specialities, and traditional rice and fideuà dishes associated with Spain’s eastern coastal regions.
Among the signature offerings are Steak tartar y Gilda San Sebastian, which combines Wagyu tenderloin tartare with brown and white anchovies and Spanish pickles on ciabatta, and Tacos de Rabo de Toro, featuring braised oxtail, roasted piquillo peppers and smoked Idiazabal cheese served in homemade corn tacos.
Seafood takes centre stage across the menu with dishes such as Carpaccio de Gamba Roja, a red prawn carpaccio finished with espelette pepper and extra virgin olive oil, and Lomo de Corvina al Pil Pil de Azafran y Aji Amarillo, a croaker dish paired with saffron-infused pil-pil sauce, yellow chilli and fish collagen.
Other highlights include Pulpo Frito served with mashed potato and paprika oil, black squid-ink fideuà with red prawns and octopus, and a seafood paella prepared with clams, mussels and squid.
The dessert selection continues the Spanish theme with a burnt Basque chocolate cheesecake served alongside white chocolate ice cream, warm chocolate fondant with vanilla custard, and creamy rice pudding topped with confit strawberries.
"This menu is very personal to me because it draws on the different regions and flavours I grew up with in Spain," said Chef Nacho. "Spanish cuisine changes dramatically from one region to another, and I wanted the menu to encapsulate that diversity and match the energy of LUZ's, with dishes designed to be shared over cocktails and incredible views of Bangkok".
LUZ Bangkok Tapas Bar welcomes guests daily from 4pm until midnight, offering an elevated dining experience that combines Spanish culinary traditions with panoramic views of Bangkok.
Published on June 5, 2026
Air India and Riyadh Air have signed a Memorandum of Understanding (MoU) to establish the framework for a future partnership that aims to provide travellers with greater connectivity between India, Saudi Arabia, and destinations across the globe.
The agreement reflects the shared vision of both full-service carriers to strengthen international travel links by leveraging their strategic hubs in Delhi, Mumbai, and Riyadh. The proposed collaboration is expected to offer passengers more travel options and seamless connections across both airline networks.
Subject to regulatory approvals, the two airlines plan to introduce interline and codeshare arrangements that will allow guests to book journeys across both networks through a single reservation while benefiting from smoother transit experiences through their respective hubs.
Beyond network connectivity, Air India and Riyadh Air will also explore opportunities to collaborate in areas such as loyalty programme benefits, cargo operations, operational support, and digital and technology initiatives aimed at enhancing the overall guest experience.
The partnership comes at a time when travel demand between India and Saudi Arabia continues to grow, driven by business travel, tourism, and strong people-to-people connections between the two countries.
Commenting on the development, Campbell Wilson, Chief Executive Officer & Managing Director, Air India, said, “India and Saudi Arabia are two important growth markets in global aviation today, and the scale and momentum in both countries make this a natural partnership. We look forward to working with Riyadh Air to bring together complementary strengths of the two airlines to unlock that opportunity with a focus on offering our guests more choice across our combined networks and elevating their travel experiences.”
Tony Douglas, CEO of Riyadh Air, added, “India is one of the most important and dynamic aviation markets in the world, and this partnership with Air India marks a defining step in Riyadh Air's mission to connect Saudi Arabia with key global destinations. Together, we will offer guests a seamless, world-class experience that reflects the deep cultural and economic bonds shared between our two nations.”
Since its privatisation in 2022, Air India has significantly expanded its international alliance network. The airline currently maintains 25 codeshare partnerships and more than 120 interline agreements with global carriers, providing access to over 1,000 destinations worldwide.
Riyadh Air has also recently opened public sales for its flights to London Heathrow through its website and mobile application. The inaugural service is scheduled to commence on July 1, offering Indian travellers seamless connectivity through Riyadh to the United Kingdom and Europe for business, leisure, and family travel.
The proposed partnership marks another important step in strengthening aviation ties between India and Saudi Arabia while expanding premium travel choices for passengers across both markets.
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