Radisson Collection opens new hotel in Lyon, France
Situated in the UNESCO-listed Vieux Lyon district, the hotel's origin dates back to the 14th century.
The renovation of Cour des Loges, led by heritage architecture company Cécile Rémond, Architecte du Patrimoine, has preserved historical structures and integrated rediscovered objects, encompassing a 17m-high glass roof in the central courtyard.
The hotel, which became part of Radisson Hotel Group in 2022, now offers 61 individually designed rooms and suites.
Radisson Hotel Group Northern & Western Europe managing director Tom Flanagan said: 'France has long been a strategic market for Radisson Hotel Group, and we are proud to introduce our Radisson Collection brand with such an extraordinary landmark.
'The opening of Cour des Loges Lyon, A Radisson Collection Hotel, is a fitting debut – bringing the brand's promise of exceptional, culturally rich hospitality to life. More than just a hotel, it is a destination where heritage, craftsmanship and curated experiences come together to define the essence of luxury-lifestyle travel.'
Catering to various guest needs, Collection Superior rooms cater to short stays, while Junior Suites are made for extended visits. Collection Premium rooms at the property offer more space.
Cour des Loges features an array of dining experiences including Les Loges, a fine dining restaurant, and Le Comptoir, a contemporary bistro.
The spa at the hotel, Pure Altitude, is set to launch soon, featuring an indoor pool, hammam and sauna.
For events, the hotel provides several unique settings, including the Jeu de Paume Salon, Petit Collège and Agapes, alongside five adaptable meeting rooms, the Great Court and two private courtyards.
La Petite Loge, set to reopen its doors soon, will also offer a renovated space for private dinners.
Cour des Loges Lyon general manager Yves Grardel said: 'Every corner whispers stories of craftsmanship, culture and cuisine – woven together through meaningful moments and heartfelt hospitality in the heart of Vieux-Lyon.
'Lyon's remarkable heritage, vibrant spirit and unrivalled art de vivre make it a destination like no other, and Cour des Loges Lyon, A Radisson Collection Hotel, is its soul – more than a hotel, it is a home steeped in history, where timeless elegance and modern comfort embrace.'
Earlier this year, the Radisson Hotel Group expanded its presence in France with a new Radisson Blu property in Montpellier, designed to accommodate the needs of both business and leisure travellers.
"Radisson Collection opens new hotel in Lyon, France" was originally created and published by Hotel Management Network, a GlobalData owned brand.
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Travel + Leisure
4 hours ago
- Travel + Leisure
This Boutique Italian Hotel Is Located in Historic Limestone Caves—and It Has an Underground Spa and Gorgeous Sunset Views
The cave suites offer a glimpse into Matera's lifestyle, while the Noble suites provide stunning views of the town. From the rooms to the reception, contemporary Italian art pieces curated by hotelier Elsa Russo, catch the eye. catch the eye. The spa, also built into a cave, has a Jacuzzi, steam room, sauna, cold plunge pool, and an outdoor relaxation area with spell-binding views. A network of hiking trails that snake through Alta Murgia National Park is just a short walk from the hotel. Enthusiastic local guides lead private walking tours of Matera and the nearby town of Altamura. Filmmakers have long been enamored with the UNESCO World Heritage-listed limestone tufa cave houses of Matera, which have made the southern Italian hilltop town a magnet for culture and history buffs. But it wasn't always this way. In 1952, the Italian government ordered the evacuation of 20,000 residents from these hollowed-out underground abodes, inhabited continuously for over 2,000 years, due to unsanitary living conditions. They were relocated to modern apartment buildings in the surrounding suburbs. Matera was branded " la vergogna nazionale ," or "the shame of the nation." In the '50s and '60s, renowned Italian directors flocked here to shoot dramas such as Pier Paolo Pasolini's 1964 biblical epic "The Gospel According to St. Matthew." Then, in 2004, Mel Gibson's highly controversial "The Passion of the Christ" introduced Matera to an international audience. More recently, Matera's tangle of alleyways and stone-built stairways served as the backdrop for Daniel Craig's portrayal of James Bond in "No Time to Die." However, the town, situated in the Basilicata region, bordering Puglia, Calabria, and Campania, had already been drawing visitors since Matera earned UNESCO status in 1993. Its two districts, known as the Sassi, together with the Park of the Rupestrian Churches, constitute houses, churches, and monasteries built into the natural caves of the Murgia. In 2019, Matera rose to prominence as one of two European Capitals of Culture (alongside another ancient city, Plovdiv, Bulgaria). Visiting in May, I was among the first to stay at Vetera Matera. An Italian dentist had gradually acquired a series of neighboring buildings, including cave houses, in Matera over the years, with the dream of creating a hotel. When he formed a partnership with the Russo-Attanasio family, who are behind Italian hospitality company Bellevue Group, his vision began to take shape. Eight years of thoughtful restoration later, Vetera Matera is one of the few hotels to have joined the rarefied ranks of Relais & Châteaux before opening. It's the only five-star luxury albergo diffuso, or diffused hotel—a term used to describe hotels spread across multiple historic buildings—affiliated with the global, culture-focused not-for-profit association. Named after the neighborhood, or rione , in which it's located, Vetera Matera comprises 23 rooms, including eight suites. I initially booked an upper-floor Noble suite, assuming my photographer husband would prefer all-hours access to views of Matera's cornsilk-hued rock dwellings. In the end, I selected a Hypogeal suite. I wanted the full experience of sleeping in a cave dwelling, like the inhabitants of Matera have done since the Paleolithic era. Entering the cool, soothing subterranean master suite, I quickly realized why Vetera Matera's accommodations are so unique. Master Suite 5, as it's simply known, is set on three softly-lit, cream-hued levels, each one gradually descending deeper underground. While I can be slightly claustrophobic, high ceilings alleviated any concerns. A fellow guest told me she opted for a Noble suite because she didn't feel comfortable with the thought of staying in a cave room. Wondering who might have once resided here, I found our temporary abode mysterious, beguiling, and incredibly romantic. Here's what it's like to stay at Vetera Matera. Entering our 1,044 square-foot Hypogeal (which means "underground" in Greek) suite, it was hard to fathom that, for centuries, people lived in these caves. Even more impressive is that, according to hotelier Adda Attanasio, daughter of Elsa Russo, minimal intervention was needed to convert it into a hotel room. Limestone brick arches alternate with smooth tuff walls, some pockmarked, while others are chiseled with geometric shapes. On the first level of our suite was a sofa bed and a bathroom. A few steps lead down to an open-plan bedroom with a king-size bed, a sprawling bathroom with twin vanities, and an amply sized closet. Enhancing the vibe were two clay female busts, one with sea sponge for hair, crafted by artist Paolo Sandulli and set in two gently illuminated alcoves. On the third and final level, there was a hot tub and a daybed. 'There, a bell-shaped niche etched into the wall by previous inhabitants marked where excavation could continue into the earth, while maintaining a steady stream of light into the home,' Attanasio, who has invested enormous effort to bring this project to fruition, tells Travel + Leisure . In a separate building, Noble suites on upper floors offer views of Matera through breezy windows, some with vaulted ceilings and terraces. Interiors are inspired by contemporary Italian style, featuring timber, iron, and travertine crafted by local artisans. Bathroom design varies from stone to monochrome marble tiles. Executive chef Eduardo Estatico, whose grandmothers sparked a passion for cooking his native Neapolitan cuisine when he was just eight years old, takes great pride in showcasing the raw materials from Basilicata and Puglia. All meals are served in the underground dining room, Artema. Breakfast delights include focaccia Barese, while Matera's famed sourdough bread pairs well with Lucanian black pig salami, stracciatella cheese from Murgia, and buffalo ricotta. For lunch, I sampled handmade orecchiette with turnip greens sautéed with garlic, chilli, anchovies, and E.U.-classified PGI (Protected Geographical Indication) Senise peppers, a delightful blend of flavors and textures. My Roman husband, a talented home cook, approved of the spaghetti with four tomato varieties and fresh basil. Rum-soaked baba with vanilla cream and black cherries proved a boozy way to end a meal. Tasting menus for dinner change frequently and follow the seasons. Expect delicate, delicious starters, such as a savory eclair with red prawns from Porto Santo Spirito, spring onion panna cotta, and Beluga caviar with smoked sabayon and tarragon. Vesuvian peas dominate a surprisingly rich dish featuring Pastificio 28 Pasta from Campania's Gragnano, 24-month aged Caciocavallo Podolico cheese from Puglia, Lucanian black pork jowl, and pink grapefruit. Estatico loves to work with seafood, turning out dishes such as rockfish soup with sweet and sour spring ciaudedda (regional vegetable stew) and seaweed and Matera bread cubes. (But he's also adept at vegetarian fare.) There is an indoor bar, while an al fresco wine and cocktail bar is scheduled to open this summer on an elevated terrace. At sunset, when Matera is cast in a mesmerizing golden glow, the views are sublime. A museum exhibit seen on a tour. General manager Marco Cagnetta is very selective about the experiences offered to guests. 'I prefer to handpick guides, rather than rely on agencies, for private tours,' he says. Cagnetta arranged for Di Modugno, whom I found instantly engaging, to introduce us to the Sassi of Matera, namely the districts of Caveoso and Barisano. We pored over frescoes in the ninth-century Santa Lucia alle Malve church, dating to the settlement of Benedictine monks in Matera. Passing by a sign pleading 'Siate gentili con i Sassi' (Be gentle with the Sassi), I wondered how busy these stone-paved streets must be in the thick of summer. Tour guide Vincenzo Di Modugno led us into a cave house filled with original furniture, terracotta vases, and agricultural tools, recreating the humble life the Materani once lived, even sharing space with livestock. Entrance was free, but a donation to keep these cultural treasures alive is welcome. At Studio d'Arte, we chatted with artist Christian Andrisani as he crafted a vibrant cucù whistle from clay, an ancient good-luck charm and symbol of prosperity. One afternoon, Vetera Matera's deputy manager, Desirèe Rappazzo, showed us around her native Altamura, a nearby Puglian town buzzing with locals and few travelers, at least in May. There, we visited Antica Tipografia Portoghese, one of Italy's oldest printing presses still in operation, dating to 1891. At Caseificio Dicecca, we met cheesemaker Vito Dicecca and sampled Amore Primitivo, a berry-topped blue cheese that was pure ambrosia. Amore Primitivo, a berry-topped blue cheese. 35 Most Beautiful Places in Italy How to Visit Matera, Italy Retreating to the subterrestrial Elysium Spa, I couldn't quite believe we had it all to ourselves. Hewn from rock, this is a spa set in an actual cave and one of the finest I've experienced. In the calidarium, a generously-sized hot tub, powerful hydromassage jets pummeled away at weary muscles. Moving from there to a steam room and sauna, then onto the frigidarium, I barely dipped a toe in the cold plunge pool. I adored the essential oil-infused rain showers that alternated between tropical scents and refreshing menthol. I then tested the Zerobody system, floating on a soft bed filled with warm water while following a meditation via headphones. Afterwards, I brewed some Florentine herbal tea and spent time reveling in my newfound relaxed state, lounging on day beds at the outdoor relaxation area, looking out over Matera. There are also massage rooms, including one for couples. Signature body treatments include the Vetera Ritual, which entails a foot bath, hydrating body pack, facial massage with a blend of essential oils, a face mask, and scalp massage. Vetera Matera feels especially suited for couples, but the hotel welcomes families, offering sizable suites, connecting rooms, a children's menu, and early dinner. Babysitting services are available at an additional cost. While the landscapes of Matera pose considerable accessibility challenges, the hotel has two rooms for guests with disabilities and a wheelchair ramp. Vetera Matera observes Relais & Châteaux's sustainability requirements, notably a commitment to preserving local cultural heritage and architecture. Most of the staff members I spoke to were from Matera or surrounding towns. The hotel subscribes to the tenets of the global Slow Food movement, founded in Rome. Seasonal products for the restaurant and bar are sourced from small-scale artisan producers, including cheesemakers and vintners, in the wider region. Bathrooms are stocked with Vetera Matera-branded refillable bitter almond-scented organic body wash, hand wash, and body lotion, produced by a Milan-based company. At the spa, Essentia Puglia, a Puglia-based organic beauty product line enriched with extra virgin olive oil and grapes, takes pride of place. An outdoor patio overlooking the city. Courtesy of Relais & Châteaux Situated in Matera's Sasso Barisano district, the hotel is 39 miles, or about a 50-minute drive depending on traffic, southwest of Bari International Airport (BRI) in Bari, Italy. The hotel can arrange transfers for guests. Nearby, you'll find Murgia National Park, which has a network of trails that pass by caves and churches carved out of rock. Excursions and activities in northern Basilicata can be arranged, such as white truffle hunting and focaccia baking in a wood-fired oven in the forest. Coastal Polignano a Mare is just over an hour's drive east. Rent a car to explore independently. The hotel is a member of Relais & Châteaux, which has a Guest Recognition Programme. Mention your Relais & Châteaux Guest Number at the time of booking and upon arrival at the hotel to receive personalized service and exclusive benefits. Nightly rates at Vetera Matera start at 300 Euros ($345 USD) for a classic room. Every T+L hotel review is written by an editor or reporter who has stayed at the property, and each hotel selected aligns with our core values.


Business Wire
5 hours ago
- Business Wire
Mogo Announces $50 Million Bitcoin Treasury Authorization and Strategic Alignment with Bitcoin Across the Organization
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. ('Mogo' or the 'Company') (NASDAQ: MOGO; TSX: MOGO), a leading Canadian digital wealth and lending platform, today announced that its Board of Directors has authorized the allocation of up to $50 million to Bitcoin as part of the Company's long-term capital preservation and product innovation strategy. The move marks a significant step in Mogo's strategic alignment with Bitcoin, integrating it across treasury policy and its core operating platform. Mogo has been at the forefront of digital asset innovation for nearly a decade. In 2018, it launched Canada's first Bitcoin account, and in 2020, it became the third US-listed company to add Bitcoin to its balance sheet, following MicroStrategy and Block, and ahead of Tesla. Mogo also played a key role in the formation of Canada's largest independent crypto platform through the 2023 merger of Coinsquare and WonderFi, which recently announced it has entered into an agreement to be acquired by Robinhood. 'Building on our history and experience in crypto, we're making a long-term strategic commitment to Bitcoin, backed by deep conviction and the flexibility to build a meaningful Bitcoin reserve that aligns with our capital priorities and market outlook,' said Greg Feller, President & Co-Founder of Mogo. 'This allocation gives us the flexibility to build a meaningful position over time as part of a disciplined, multi-year strategy.' Board-Approved $50 Million Bitcoin Treasury Authorization Following the anticipated close of the WonderFi–Robinhood transaction in the second half of 2025, Mogo expects to hold approximately $50 million in cash and investments. The Company's Board has approved a Bitcoin allocation of up to $50 million, to be funded by excess cash on the balance sheet and, over time, through additional monetizations from its investment portfolio, including investments in US-based crypto exchange, Gemini, and Canadian technology company, Hootsuite. The Company has an initial goal to scale to a $50 million investment in Bitcoin based on staged investments over time, while keeping adequate working capital for the operating business. Bitcoin as a Hurdle Rate for Capital Allocation In a move that signals deep integration of Bitcoin into its corporate framework, Mogo will now assess all capital deployment decisions against a Bitcoin hurdle rate. Whether considering M&A, internal investments, or share repurchases, the Company will only allocate capital to opportunities that are expected to outperform the long-term return profile of holding Bitcoin. 'This sets a new bar for capital discipline,' said Greg Feller. 'If we don't believe an initiative can deliver better long-term value than Bitcoin, we won't pursue it. It's that simple.' This approach reinforces Bitcoin's role not just as a treasury asset, but as a strategic benchmark for evaluating value creation across the organization. A Dual-Compounding Strategy: Bitcoin Reserve + Operating Scale Mogo's approach is fundamentally different from most Bitcoin treasury companies. While many lack operating scale or growth potential, Mogo is building a capital-efficient, scalable platform across three core pillars; Wealth, Lending, and Payments, with Bitcoin serving as a complementary strategic reserve asset that can compound alongside its core business. 'We're not just holding Bitcoin, we're building a business we believe can scale to over a billion dollars in enterprise value,' said Greg Feller. 'Our goal is to grow a similarly scaled Bitcoin reserve alongside it. That dual-compounding model, operating growth plus a high-conviction Bitcoin reserve, is something few companies are positioned to achieve.' Strategic Integration Across the Platform Bitcoin will be integrated across Mogo's core businesses to deliver value to both shareholders and the Company's nearly 2 million Canadian members: Wealth Management: Mogo's $400M+ AUM platform will launch a flagship Bitcoin Portfolio based on a 60/40 equity/Bitcoin model designed for long-term investors who understand Bitcoin's role as a disruptive store of value. Lending: Mogo is developing Bitcoin-related loan products that will allow all members to gain access to this asset class, while also potentially lowering their borrowing rates. Payments: With over $12 billion in annual international payments volume, Mogo is exploring stablecoin infrastructure to enable faster, lower-cost cross-border transactions. Buffett Mode Meets Bitcoin: A Behavioral Framework Mogo's approach is grounded in its Buffett-mode philosophy, a behavioral-first investment framework focused on long-term outcomes, mental clarity, and disciplined decision-making. 'Whether you're investing in equities or Bitcoin, the edge is mental,' said David Feller, Founder & CEO of Mogo. 'We're not here to speculate, we're here to help Canadians build real wealth. That means evaluating every decision with clarity and conviction, and giving our members access to tools that align with where the world is going, not where it's been.' Mogo offers educational content, product-level optionality, and behavioral guidance, not hype. Bitcoin is not promoted as a default solution but offered as a strategic asset for informed, intentional investors. Democratizing Access to Bitcoin for 2 Million Canadians Mogo is uniquely positioned to expand responsible access to Bitcoin through trusted, compliant, and intelligent financial products. The Company's platform reflects a long-term belief in digital assets as a tool for wealth preservation, not short-term speculation. 'This is about building financial independence for our members, not chasing returns,' added Greg Feller. 'We believe Bitcoin will play a growing role in how capital is stored, allocated, and judged, and we're building Mogo to lead in that future.' About Mogo Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) is a financial technology company with three distinct business lines: wealth, lending, and payments. Our mission is to provide consumers with innovative financial solutions that drive long-term financial health and success. We operate with a differentiated approach in each business, leveraging technology, behavioral science, and financial tools to create unique value propositions in our respective markets. Our wealth and lending businesses are focused on the Canadian market, where we are the only subprime consumer lender that also offers a holistic wealth and investing solution. This unique integration is designed to help consumers transition from borrowing and debt to long-term wealth building. Separately, our payments business is operated through Carta Worldwide, a wholly owned subsidiary that provides modern card issuing and processing solutions, primarily in Europe. Forward-Looking Statements This news release may contain 'forward-looking statements' within the meaning of applicable securities legislation, including statements regarding the expected closing of the WonderFi-Robinhood transaction, Mogo's Bitcoin treasury strategy, Mogo's capital allocation strategy, Mogo's strategic initiatives in respect of its wealth management, lending and payment products and the integration of cryptocurrency in respect thereof. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at the time of preparation, are inherently subject to significant business, economic and competitive uncertainties and contingencies, and may prove to be incorrect. Forward-looking statements are typically identified by words such as "may", "will", "could", "would", "anticipate", "believe", "expect", "intend", "potential", "estimate", "budget", "scheduled", "plans", "planned", "forecasts", "goals" and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Mogo's growth, its ability to expand into new products and markets and its expectations for its future financial performance are subject to a number of conditions, including receipt of applicable regulatory approvals in respect of its products, many of which are outside of Mogo's control. For a description of the risks associated with Mogo's business please refer to the 'Risk Factors' section of Mogo's current annual information form, which is available at and Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.


Business Upturn
7 hours ago
- Business Upturn
Virtual Galaxy Infotech wins Rs 19.78 crore Core Banking project order from Osmanabad District Central Co-op Bank
By Aditya Bhagchandani Published on July 2, 2025, 13:54 IST Virtual Galaxy Infotech Limited (VGIPL), a BSE SME-listed company, announced that it has secured a work order worth approximately Rs 19.78 crore (excluding taxes) from The Osmanabad District Central Co-operative Bank Limited. The contract involves the supply, installation, commissioning, and management of a Core Banking Solution, including Data Center setup, Disaster Recovery (DR) site, networking, and connectivity. The project will be executed under a Hybrid SaaS (CAPEX/OPEX) model and will cover a service period of seven years from the project's go-live date. According to the company's filing with the National Stock Exchange on July 2, 2025, Virtual Galaxy is expected to complete the initial implementation within 10 days from the purchase order date. This is a renewal purchase order from the bank, reflecting Virtual Galaxy's continued engagement with the client in delivering IT infrastructure and banking technology solutions. At the time of reporting, shares of Virtual Galaxy Infotech were trading 2.36% higher at Rs 62.25 on the NSE SME platform. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.