Volume I
The issues
One number, one coast. The new issue sits at the top left. Every earlier number is still a page.

Nineteen million visitors, a year at eighty percent, then a week at twenty-three. The city is not cheap. It is briefly negotiable, and the festive weeks close the negotiation.
- 01The city is not cheap. It is briefly negotiable.
- 02The winners are being sized small
- 03He did not build a hotel. He built a district.
- 04Name the shelf, not the city
- 05Three windows, and you are in the first
Dubai →

Three hundred and ninety-nine thousand arrivals, against a ceiling of four hundred thousand. Forty-eight new rooms in a year. The Maldives sells a resort. This country sells an archipelago, and the door is still a Gulf hub.
- 01The country is full. Name the island.
- 02Forty-eight rooms is a pipeline
- 03Affordable was a sentence
Seychelles →

Occupancy is back to where it stood before the February shock. The rate is still ten to fifteen percent short of that month. Dubai has closed its discount. This island has not. Go before the Guggenheim reprices the beach.
- 01Go this winter. The Guggenheim has not opened.
- 02Nothing new opens in 2027
- 03There is a landlord. The beach does not race.
Saadiyat →

The AlUla Issue
Three hundred and twenty thousand guests against a thousand keys. The oasis sells out. The Red Sea did not. Hegra takes a ticket. Sharaan takes no one.
- 01Book the shortage. Not the million.
- 02Do not book the drawing
- 03The card is not the tombs
AlUla →

The Red Sea Issue
Fifty thousand guests against a plan of three hundred thousand. Phase Two is on review. The houses that are actually open are priced like the Maldives, reached through a Gulf hub, and dry. The window is this winter.
- 01Book the proof. Not the masterplan.
- 02Eleven are trading. Five change the file.
- 03The card sits beside the Fund
The Red Sea →

The Atoll Issue
The islands are not the risk. The route to them is. Beds grew faster than nights. A new house is a date, not a discount. Name the atoll before you name the villa.
- 01The islands are not the risk. The route to them is.
- 02What is open, what moved, and what is still a date
- 03They sold the large one to keep the small one
The Maldives →

The Festival Issue
Eight weeks when Europe sells its rooms twice. Which houses actually gain from the crowd, which quietly lose, and where the rate resets the Monday after.
- 01Eight weeks when Europe sells its rooms twice
- 02Il Palio: two days that reprice Siena for a year
- 03The Regatta that still owns Venice in September
Europe →

Riviera Éternelle
Villefranche is not a suburb of Nice. Cannes is not a festival. Monaco is a machine that happens to have a harbour. Four essays on the coast that invented arriving.
- 01Villefranche, and the art of arriving slowly
- 02Cannes, when the carpet has been rolled up
- 03The liner that still matters
The Riviera →

Indian Ocean Houses
After the first million visitors, the atolls split: those that still sell silence, and those that sell a photograph of it.
- 01The Maldives after one million: where the rate goes next
- 02Fregate Island opens the gate again
The Indian Ocean →

Alpine Winter
The houses that priced the view, and the week the mountain towns stop pretending they are villages.
- 01The week the mountain towns stop pretending
The Alps →