Showing posts with label Boss. Show all posts
Showing posts with label Boss. Show all posts

Monday, 6 November 2017

A Tale of the Generous Boss and What Make Marbella a “Treat” Destination

A Tale of the Generous Boss and What Make Marbella a “Treat” Destination

Marbella is the best place to come in Andalucia 

If you were to run a Google search for “Marbella” this week you would be inundated with pictures of happy employees from the travel and party firm Red7, who were treated by their employer to an all-expenses paid staff holiday to sunny Marbella as a reward for all their hard work.

The story has become such a hit with leading tabloids because it has everything an online story needs to be easily digested: There’s the Costa del Sol and Marbella; there’s pretty girls in bikinis; there’s the sunny backdrop; and there’s more than enough to make everyone reading it jealous.

The managing director of Red7 Ian Lucas must no doubt be enjoying all the free publicity. It also reflects well on him as the owner of a specialist in partying and travelling. It’s clear the man knows how to choose a good location, a good time, good reasons, and a good vacation length to reap plenty of excellent PR.

There’s a larger story working itself out here outside of the generous boss doing a generous thing. That is the question of what makes Marbella the destination of choice for these kinds of work-based rewards.

Now we do understand that most British firms will just spring for a hundred quid or so at a local Wetherspoons when they decide to treat their staff, but there is still the curious trend – mostly found in London recruitments, sales, and marketing companies – that looks at Marbella as being the carrot on a stick at the end of the year, the reward for hitting targets, the dream of summer that can be realised when the staff go above and beyond to boost business and make money.

There’s no denying it’s a smart strategy; work out a target that allows for a Marbella trip while still keeping the company firmly in the black. Even if it doesn’t go as planned, profits and staff motivation are still on the up.

Marbella is the perfect choice of destination for something like this. It’s close – which allows for a few days stay; unlike the Caribbean which – while appealing visually – is not worth the cost in terms of productivity and financial cost. Marbella has a reputation for being glamorous, which sure to motivate staff to see and enjoy it for themselves. The on-the-ground costs of staying in Marbella are cheaper than most people realise, and it offers a wealth of variety. Companies can hire their own yachts, nightclubs, beach bars and restaurants, or they could just stick their staff in a hotel room and leave them to their own devices until it’s time to go home.

As great as Benidorm, Barcelona, Tenerife and Ibiza are, they have either too little going on or too much (particularly Barcelona) to make them a viable destination for work reward programs. On the other hand, Marbella offers the complete package and has an undeniable level of prestige that make it stand out.

If you’re out on the beach and you happen to see some office workers packing away the cocktails, you should cut them some slack. They’ve likely worked long and hard to get there!

Friday, 28 October 2016

Zara Boss Buys Madrid Skyscraper for €490 million


Zara Boss Buys Madrid Skyscraper for €490 million


Zara is the flagship brand, and supremely profitable
One of the most iconic skyscrapers making up the modern skyline of Madrid is the Cespa Tower. The richest man in Europe, Amancia Ortega knows something about making smart investments. Ortega founded the global fashion group Inditex, the company behind the shopping brand Zara, and he became the richest man in Europe through his business sense and ability to find a great deal.

This week the Spanish real estate sector saw him scoop up another good deal as he got his hands on the Cespa Tower for €490 million.

The Cespa Tower is one of the four towers that make up the Madrid skyline. Before Ortega bought it the skyscraper used to belong to Khadem al-Qubasi; an oil tycoon from Abu Dhabi.

Ortega has been growing his property portfolio and added the Cespa Tower to it after making arrangements for holding company Pontegadea Immobiliaria to make the purchase through Spanish lender Bankia.

The Cespa Tower is just the latest building in Ortega’s portfolio of impressive real estate in impressive locations. Ortega also owns property on Oxford Street and Mayfair in London, along with prime real estate in Seoul and New York.

Ortega is quite sly in that he actually rents out some of his properties to one of his rivals in H&M. Currently no one knows for sure what he plans to do with the Cespa tower.

The Cuatro Torres complex located in downtown Madrid is made up of a myriad of hotels, office and retail space, along with some private residences. There’s no need for any rental tenants to be worried though. They’re clearly in good hands with a landlord like Ortega.