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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 Hariharan U
Published on May 26, 2026
PRISM, the parent company of OYO, has expanded its U.S. extended-stay footprint with the launch of 38 new hotels under the Studio 6 brand operated through G6 Hospitality.
The portfolio spans major gateway cities such as New York, Dallas, Houston, and Phoenix, along with business hubs including Charlotte, St Louis, Richmond, and Indianapolis. It also includes leisure-focused destinations like Las Vegas and suburban markets such as Oakland, Greenville, and Pasadena.
The Studio 6 brand focuses on extended-stay accommodations designed for guests staying several days to weeks. The properties typically offer kitchenettes, workspaces, laundry facilities, high-speed internet, and flexible housekeeping services, catering to corporate travellers, relocating families, and project-based professionals.
Each hotel features approximately 100–120 rooms, a configuration that supports operational efficiency while serving consistent long-stay demand. PRISM is positioning the segment as a high-efficiency hospitality model, driven by lower turnover costs, reduced housekeeping frequency, and improved occupancy stability.
The company has stated that the expansion is part of its broader strategy to transition from a domestic hospitality platform to a globally scaled operator, leveraging India-built technology, AI systems, and revenue management tools across its international portfolio.
Speaking on the development, PRISM, the parent company of OYO, has expanded its U.S. extended-stay footprint with the launch of 38 new hotels under the Studio 6 brand operated through G6 Hospitality.
Speaking on the development, Ritesh Agarwal said the U.S. market is witnessing a structural shift toward longer-duration stays driven by corporate assignments, medical travel, construction projects, and temporary relocations. He added that the expansion aims to deliver a tech-enabled, operations-first hospitality model focused on consistency and affordability.
The latest rollout follows PRISM’s approximately $525 million acquisition of G6 Hospitality and builds on earlier phases that included eight initial hotel openings, followed by 30 additional properties in the current expansion cycle.
The move highlights growing momentum in the U.S. extended-stay segment, which continues to attract investor interest due to stable demand patterns and efficient operating economics.
said the U.S. market is witnessing a structural shift toward longer-duration stays driven by corporate assignments, medical travel, construction projects, and temporary relocations. He added that the expansion aims to deliver a tech-enabled, operations-first hospitality model focused on consistency and affordability.
Saudia has announced the induction of its first Airbus A321XLR, becoming the first airline in the Middle East and Africa region to operate the new-generation long-range narrow-body aircraft.
The delivery marks a significant step in Saudia’s ongoing fleet modernisation programme, aimed at improving operational efficiency, expanding international connectivity, and enhancing overall passenger experience. With a range of up to 8,700 kilometres and flight endurance of around nine hours, the aircraft allows the airline to operate longer routes using a more efficient narrow-body configuration.
The aircraft also debuts “The New Saudia Experience,” the airline’s refreshed onboard product focused on comfort, connectivity, entertainment, dining, and service consistency. The cabin features 24 Business Class suites designed for privacy and premium comfort, along with 120 Economy Class seats equipped with larger personal screens and charging ports.
High-speed inflight connectivity will enable passengers to browse, stream content, and attend virtual meetings during flights. Business Class travellers will also benefit from an enhanced dining experience, including chef-curated menus featuring Saudi and international cuisine.
Speaking on the milestone, Ibrahim Al-Omar said the delivery reflects the airline’s broader transformation strategy, focusing not only on capacity expansion but also on elevating product quality and operational performance in line with national aviation ambitions.
The aircraft induction is part of Saudia Group’s wider order of 105 Airbus aircraft, which is also expected to generate economic value through local supplier development and integration into global aviation supply chains.
Saudia is scheduled to add 15 Airbus A321XLR aircraft by 2027 as part of its expansion roadmap, supporting network growth across tourism, business travel, pilgrimage, and major international events aligned with Saudi Arabia’s Vision 2030.
By Manu Vardhan Kannan
Zaya Indian & Persian Kitchen in McAllen, Texas has announced the appointment of Chef Mahesh Dhami as its new Executive Chef. Bringing more than 14 years of experience in luxury hospitality, Indian fine dining, and modern gastronomy, Chef Dhami joins the leadership team with a strong background in culinary innovation and operations.
Recognised for his expertise in regional Indian cuisines and creative menu development, Chef Dhami will oversee all culinary functions at Zaya. His responsibilities will include menu innovation, kitchen operations, team training, food quality standards, and enhancing the overall dining experience for guests.
Before joining Zaya, Chef Dhami was associated with Musaafer by Spice Route in Houston, Texas, a Michelin-recognized Indian fine dining restaurant known for its progressive take on Indian cuisine in the United States. During his time there, he progressed from Junior Sous Chef to Sous Chef within a year, reflecting his strong leadership abilities and operational expertise.
Chef Dhami received his professional culinary training at The Taj Mahal Hotel through the Hotel Operations Management Training (HOMT) program. He further sharpened his skills at well-known culinary establishments including Masala Art and Machan, where he gained valuable experience across luxury hospitality, banquet operations, and traditional Indian cooking.
His expertise spans Awadhi, Mughlai, Rajasthani, and South Indian cuisines. By combining traditional Indian flavours with contemporary cooking methods, tasting experiences, and artistic presentation styles, Chef Dhami brings a balanced approach to modern dining. His experience also extends to menu engineering, food costing, team development, and luxury restaurant operations.
“I am honored to join Zaya Indian & Persian Kitchen and lead a concept that values authenticity and innovation. My goal is to create memorable dining experiences that celebrate the richness of Indian cuisine through modern techniques and thoughtful presentation,” said Chef Mahesh Dhami.
With Chef Dhami taking charge of the culinary direction, Zaya Indian & Persian Kitchen aims to further strengthen its position as one of South Texas’ emerging destinations for elevated Indian and Persian dining experiences.
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