Turnbridge Equities Joins Austin Capital Partners as Co-Developers of Four Seasons Private Residences Lake Austin

Turnbridge Equities Joins Austin Capital Partners as Co-Developers of Four Seasons Private Residences Lake Austin

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.

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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."

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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.

FunicularFrom 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.


Royal Caribbean Opens Royal Beach Club Paradise Island in The Bahamas

Royal Caribbean Opens Royal Beach Club Paradise Island in The Bahamas

By Manu Vardhan Kannan

Published on January 11, 2026

Royal Caribbean has officially opened its newest destination, Royal Beach Club Paradise Island, bringing a first-of-its-kind all-inclusive beach club experience to Nassau, The Bahamas. Designed to blend the natural beauty of the islands with Royal Caribbean’s signature experiences, the beach club offers vacationers a flexible and immersive way to enjoy their time ashore.

Guests visiting Nassau can now purchase all-inclusive day passes through Royal Caribbean’s website, granting access to a wide range of beachside amenities and experiences. The destination features two pristine beaches and three distinct pools, each catering to different moods, from lively celebrations to laid-back relaxation and family fun.

One of the major highlights of the beach club is The Floating Flamingo, the world’s largest swim-up bar, located in Party Cove. With DJ-spun music, tropical cocktails, dancing, and a dedicated VIP section, it serves as the heart of the beach party experience. Guests looking for a premium celebration can also reserve private spaces on The Party Deck, offering pool-front views, exclusive service, and an elevated party atmosphere.

Royal Beach Club Paradise Island has been thoughtfully designed with three main areas to suit every type of vacationer. Family Beach offers a welcoming space for guests of all ages, featuring The Shallow End zero-entry pool, beach games, and relaxed seating options. It is also home to the Ultimate Family Cabana, a two-level private space equipped with a whirlpool, slide, frozen drink machine, and dedicated attendant service.

For those seeking a more peaceful escape, Chill Beach provides white sand shores and access to The Deep End pool, complete with swim-up bar service offering cocktails and mocktails. Guests can further enhance their experience by booking beach or poolside cabanas that include upgraded amenities and personal service.

Beyond the beaches and pools, guests can enjoy unlimited dining at three beach grills and refreshments from 10 waterfront bars. The experience is enriched with live music, local artisan huts, and Bahamian-inspired design elements that reflect the culture and spirit of the islands. Essentials such as lounge chairs, umbrellas, towels, lockers, Wi-Fi, and roundtrip water ferry transportation are included as part of the all-inclusive offering.

Speaking about the launch, Michael Bayley, president and CEO of Royal Caribbean, said guests were looking for more ways to make the most of their time in The Bahamas, and the Royal Beach Club Paradise Island was created to meet that demand. He added that the opening marks a bold new chapter in Royal Caribbean’s growing portfolio of destination experiences.

Developed through a unique public-private partnership with the Bahamian government, the beach club supports the local economy by creating jobs and opportunities for Bahamian businesses and entrepreneurs. Local influence can be seen throughout the destination, from architecture and entertainment to shopping and food offerings.

Royal Beach Club Paradise Island joins Royal Caribbean’s popular Perfect Day at CocoCay and is the first in a lineup of upcoming beach club destinations planned across global locations in the coming years.


Japan to Triple Departure Tax for International Travellers from July 2026

Japan to Triple Departure Tax for International Travellers from July 2026

By Manu Vardhan Kannan

Published on January 11, 2026

Japan is set to make international travel more expensive from July 2026, with the government confirming plans to triple its departure tax for all travellers leaving the country by air or sea. The levy will increase from the current ¥1,000 to ¥3,000 per person, as part of broader efforts to manage over-tourism and generate additional revenue linked to the country’s booming travel sector.

The departure tax, officially known as the International Tourist Tax, applies to all travellers aged two years and above, regardless of nationality, when departing Japan for an international destination. The charge is included directly in airline and ferry tickets. Aircraft crew members and transit passengers who leave Japan within 24 hours remain exempt from the tax.

Introduced on January 7, 2019, the departure tax has become a consistent source of tourism-linked revenue. According to official figures, Japan collected a record ¥52.48 billion in departure tax revenue in the year ending March 2025, driven by a sharp rise in inbound and outbound travel volumes.

The Japanese government plans to channel the additional revenue generated by the higher tax into addressing challenges associated with over-tourism, including overcrowding, congestion, and inappropriate behaviour at popular tourist sites. It also expects tourism-related tax revenue for the 2026 fiscal year, from April 2026 to March 2027, to rise nearly 2.7 times to approximately ¥130 billion.

Japanese citizens travelling overseas will also be subject to the higher departure tax. To offset the impact on residents, the government is considering using part of the additional revenue to reduce passport issuance fees for Japanese nationals.

Beyond the departure tax increase, Japan is planning additional travel-related charges in the coming years. By 2028, the country is expected to introduce the Japan Electronic System for Travel Authorisation (JESTA) for travellers from visa-free countries. Fees for this pre-screening system are anticipated to range between ¥2,000 and ¥3,000 per person.

If implemented as planned, the combined cost of the higher departure tax and JESTA could raise total travel-related charges to around ¥5,000 to ¥6,000 per traveller. Additionally, visa issuance fees for travellers who require entry permits, including visitors from China and parts of Southeast Asia, may increase by up to five times. Short-term visa-exempt travellers, however, are not expected to be affected by these visa fee changes.

The measures underscore Japan’s growing focus on balancing tourism growth with sustainability, infrastructure management, and long-term visitor experience.


Etihad Rail to Launch UAE’s First Passenger Train Network Connecting Abu Dhabi, Dubai and Fujairah in 2026

Etihad Rail to Launch UAE’s First Passenger Train Network Connecting Abu Dhabi, Dubai and Fujairah in 2026

By Manu Vardhan Kannan

Published on January 10, 2026

The United Arab Emirates is on the cusp of a major transport transformation with Etihad Rail confirming the launch of its national passenger train service in 2026. The long-anticipated network will connect cities from Al Sila in the west to Fujairah on the east coast, significantly enhancing inter-emirate connectivity and redefining how residents travel across the country.

Etihad Rail has officially confirmed four key passenger stations: Abu Dhabi, Dubai, Sharjah, and Fujairah, which will form the backbone of the initial rollout. In total, the network will feature 11 strategically located passenger stations, serving urban centres, coastal towns, desert communities, and educational hubs across the UAE.

Designed as a high-speed, congestion-free alternative to road travel, the passenger trains will operate at speeds of up to 200 km/h. Travel times are expected to reduce dramatically, with journeys such as Abu Dhabi to Dubai taking just 57 minutes, and potentially as little as 30 minutes on high-speed services. Abu Dhabi to Fujairah will take approximately 105 minutes, offering a seamless east–west connection for the first time.

Beyond speed, Etihad Rail’s passenger service places strong emphasis on comfort and experience. The trains, manufactured by Spain’s CAF, can accommodate up to 400 passengers per journey and feature a cabin environment inspired by airline travel. Guests will be able to choose from First Class, Business Class, and spacious Economy seating, all equipped with charging ports, high-speed Wi-Fi, and advanced climate-control systems designed for the region’s extreme temperatures. Onboard food and beverage services will further enhance the travel experience.

Seamless first- and last-mile connectivity is a core pillar of the project. Major stations such as Jumeirah Golf Estates in Dubai will connect directly to the Dubai Metro, while other stations will integrate bus terminals, taxi zones, and digital ticketing systems. A fully digital-first approach will allow passengers to plan, book, and access their journeys via a mobile app, ensuring smooth and efficient travel from door to door.

The project is a key component of the UAE’s “Projects of the 50” initiative and is expected to significantly reduce carbon emissions, with rail transport projected to cut emissions by 70–80 per cent compared to road travel. In addition to easing congestion on major highways such as the E11 and E311, the network is expected to boost economic integration, workforce mobility, and overall quality of life.

Commenting on the launch, Shadi Malak, Chief Executive Officer of Etihad Rail, said the project goes beyond transportation. “Our goal is to create a network that is safe, efficient, and sustainable. This is not just about moving people, it’s about enhancing the quality of life for every citizen and resident in the UAE.”

As of early 2026, 10 of the 13 planned passenger trains have already arrived in the UAE and are undergoing final safety certification. With infrastructure in place and testing underway, Etihad Rail’s passenger service marks the beginning of a new chapter in the nation’s transport journey, one that promises faster, greener, and more connected travel across the Emirates.

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