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The hotel, which opened in June, also marks a transition as the third generation increasingly takes over and charts new directions for the group.
FORBES: A Lavish Hotel Project Unites Thailand's Sukosol Family
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Currently, we are seeing them transition into a third, more exciting era with markets that are both more rational and more closely connected to the underlying economy, with IPOs flourishing and foreign investors deeply involved, explained Ellison at the Bloomberg Brazil Conference.
FORBES: Brazilian Equity Market Correction Is 'Healthy,' IPO Expert Says
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Durant, who's known more for his three NBA scoring titles than for stepping in the way of oncoming opponents, got in Harden's way on a transition drive in the third quarter in a standout defensive effort for the Thunder against the league's second highest-scoring offense.
NPR: Thunder Blast Rockets 120-91 In Game 1
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"The Scotland project was a real transition point, " he says of his third project.
BBC: The business of photojournalism
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Nearly a third of YouTube's archives have already made the transition to the open source format, though if you think that's a small proportion, you should probably know that those 30 percent account for 99 percent of all views on the site.
ENGADGET: YouTube starts transcoding all new uploads to WebM, already has a third of its library ready
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Whether any company flourishes or fails in the volatile period of transition between an aging Second Industrial Revolution and the emerging Third Industrial Revolution will depend, to a great extent, on their energy costs.
FORBES: Jeremy Rifkin's Third Industrial Revolution
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The cellular telecommunications industry is entering a period of transition from aging, analog-era transmission technology to high-speed "third-generation" (3G) mobile networks.
CNN: Stuck On the Runway
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Cellphone pioneer Motorola Mobility, a U.S. company now owned by Google, has stumbled through the transition as well, while Apple Inc. has become the world's third-largest maker of cellphones, less than six years after launching the first iPhone.
NPR: Smartphones Overtake 'Dumb' Phones Worldwide
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Once companies have finished the third and final year of that subsidized program, Microsoft says, they will be able to transition to purchasing commercial products at about a 50% discount to standard pricing.
FORBES: Microsoft's War on Google's Terms