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The Luxe Dispatch

Blackstone Buys Four Seasons SF, Jackie Kennedy’s Election Coat Up for Auction & More

InterContinental opens, Blackstone buys, Jackie Kennedy’s coat stirs the auction room, Versace changes course, and Dusit pushes into Bataan.

By Bryle Suralta

December 12, 2025
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Photo: iStock/Sotheby’s/iStock

Luxury closed the week with a flurry of decisive moves, from major hotel plays to historic pieces entering the auction spotlight. InterContinental brings barefoot luxury to the Red Sea with a new resort built for yacht arrivals and coral-blue mornings. Blackstone snaps up the Four Seasons San Francisco, betting on the city’s return to form. Jackie Kennedy’s election-night coat steps into the auction spotlight. Meanwhile, Versace enters a creative transition post-Prada, and Dusit eyes Bataan as the next beachfront destination to watch. Consider this your compass for what matters now in ultra-luxury. InterContinental Comes to the Red Sea InterContinental plants its flag on the Red Sea with a new resort on Shura Island. The property leans into privacy and indulgence with spacious villas, private pools, dedicated butler service, and yacht-ready access for those who measure holidays in soft landings and salt on skin. Sustainability sits at the core, too, with..

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