MCLEAN, Va.--(BUSINESS WIRE)--Intelsat, operator of the world’s largest integrated satellite and terrestrial network and leading provider of Inflight Connectivity (IFC) services, has reached an agreement with long-time customer Japan Airlines (JAL) to upgrade about 50 Boeing 737s and 767s to the company’s 2Ku inflight connectivity solution. “We value the trust that JAL has … [Read more...]
The St. Joe Company Announces the Opening of the 107-Suite Home2 Suites by Hilton Santa Rosa Beach, the Third of Five New Hotel Openings Planned in the First Half Of 2023
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) and Hilton (NYSE: HLT) announce the opening of the 107-suite Home2 Suites by Hilton Santa Rosa Beach. The hotel is located at 100 W. Hewett Road in Santa Rosa Beach, Florida, just north of US Highway 98 and in close proximity to the iconic Scenic Highway 30A corridor, Topsail Hill Preserve … [Read more...]
CDB Aviation and T’way Air Sign Lease Agreements for Two 737 MAX 8 Aircraft
Aircraft to Be Delivered to South Korean Carrier from Lessor’s OrderbookDUBLIN--(BUSINESS WIRE)--#737MAX--CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of lease agreements for a duo of brand-new Boeing 737 MAX 8 aircraft with South Korea’s T’way Air (“T’way”). Delivering from the … [Read more...]
Experts Warn of Bed Bug Activity as Travelers Embark on Bucket List Vacations
The National Pest Management Association is educating Americans on the importance of bed bug inspections and prevention during summer travel seasonFAIRFAX, Va.--(BUSINESS WIRE)--#BBAW--After the COVID-19 pandemic brought travel to a halt, many Americans are making up for lost time this summer by booking their dream, bucket list vacations. According to AAA booking data, … [Read more...]
Cvent and NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality Join Forces to Foster Experiential Learning for Event Management Students
TYSONS, Va.--(BUSINESS WIRE)--$CVT #cvent--Cvent, an industry-leading meetings, events, and hospitality technology provider, is proud to collaborate with the NYU School of Professional Studies (NYU SPS) Jonathan M. Tisch Center of Hospitality. As part of the Tisch Center’s Hospitality Innovation Hub Experiential Learning Lab (HI Hub Lab), the engagement aims to provide students … [Read more...]
Orange You Glad? MCR Acquires Three Hotels in Florida
The Marriott, Hilton and Hyatt properties are in the Sunshine State’s fastest-growing marketsNEW YORK--(BUSINESS WIRE)--MCR — the country’s 3rd-largest hotel owner-operator — has acquired three hotels in Florida. Totaling 384 rooms, the portfolio includes a Hampton Inn by Hilton, a Courtyard by Marriott and a Hyatt Place in Orlando and Daytona Beach — both among Florida’s … [Read more...]
Relay Robotics Introduces Relay2, The New High-Capacity Hotel Delivery Robot
Relay2 brings 2X larger payload, customized accessories, and upgraded cloud-based elevator integration, enabling hotel owner/operators to fortify staff, save cost, and enhance revenueNEW YORK & CAMPBELL, Calif.--(BUSINESS WIRE)--Relay Robotics, Inc., a leading manufacturer of autonomous service robots to the hospitality industry, introduced its newest hotel robot, Relay2, … [Read more...]
Clarion Capital Partners Completes Investment in Ready Credit Corporation
NEW YORK--(BUSINESS WIRE)--On May 25, 2023, Clarion Capital Partners, LLC (“Clarion”) completed an investment in Ready Credit Corporation, including its subsidiary, Reverse ATM, LLC (“Ready Credit”, also dba “Reverse ATM”), a payment solutions platform that enables cashless operations for consumer facing businesses. Ready Credit provides kiosks that convert consumers’ cash … [Read more...]
The Altman Companies Announces Venture to Develop Altis Twin Lakes in Orlando, Florida
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--The Altman Companies, a wholly-owned subsidiary of BBX Capital Real Estate and BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB), announced today that BBX Capital Real Estate and The Altman Companies had formed a joint venture with affiliates of Harbor Group International, LLC (“HGI”), a privately owned international real estate investment … [Read more...]
Hyatt’s Transformative Growth Continues: More Markets, More Segments, More Opportunities
Hyatt completes acquisition of Mr & Mrs Smith travel platform that provides direct access to more than 1,500 boutique and luxury properties Hyatt expects to maintain industry-leading net rooms growth into the future with increased focus on extended-stay in the Americas in addition to expansive opportunities globally across brand portfolioCHICAGO--(BUSINESS WIRE)--Hyatt … [Read more...]
Million Air Dallas Launches New Charter Brokerage Service
ADDISON, Texas--(BUSINESS WIRE)--Million Air Dallas, a leader since 1984 in comprehensive private jet services, on-demand charter, and innovative jet ownership management solutions, has today announced the launch of a new business unit: MAnext, an expansive national and international charter brokerage provider. Leveraging four decades and thousands of hours of home-fleet based … [Read more...]
Blue Bird Appoints Head of Electric Vehicle Business, Britton Smith to Company President
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced the appointment of Britton Smith to president, effective July 1, 2023. Phil Horlock, Blue Bird president and CEO, will continue to hold the role of CEO after Smith’s appointment takes effect. Smith joined Blue Bird in March 2022 as Senior Vice … [Read more...]
Sonder Holdings Inc. More Than Doubles Footprint in Boston with Addition of 264-key Hotel
BOSTON--(BUSINESS WIRE)--Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today opened The Arcadian, its sixth live property in Greater Boston. It becomes the largest hotel in Sonder’s portfolio, and one of its highest key-count properties alongside Battery Park in … [Read more...]
Service Properties Trust Acquires Nautilus Hotel in South Beach Miami
High-End Destination Resort Hotel Located on Irreplaceable Parcel $25 Million Repositioning in 2024; Will Reopen in Early 2025 Under Sonesta’s Lifestyle Brand, The JamesNEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) announced today that it has acquired the 250-room Nautilus Hotel located at 1825 Collins Avenue, Miami Beach, FL for $165.4 million, or … [Read more...]
Chatham Lodging Trust Declares Quarterly Common, Preferred Dividend
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that its board of trustees declared a quarterly common share dividend of $0.07 per common share, as well as a quarterly preferred … [Read more...]
Grace Cathedral Welcomes Genre-Defining Virtuoso Vocalist Bobby McFerrin as the 2023 Artist in Residence
The Renowned Cathedral Unveils Exciting Summer Programming Including TILTSAN FRANCISCO--(BUSINESS WIRE)--Expanding on its vision of creating a spiritually alive world and its mission of reimagining church with courage, joy, and wonder for everyone to enjoy, Grace Cathedral today announced that Bobby McFerrin, a GRAMMY award-winning and genre-defining virtuoso vocalist, is its … [Read more...]
Giftory Raises $10M From Otium Capital to Build the Leading Experience Gift Company in the US
WASHINGTON--(BUSINESS WIRE)--Otium Capital has invested in US start-up Giftory to bring the world of gift experiences to the US. Following on the success of Smartbox across Europe and Buyagift / Red Letter Days in the UK, Otium Capital is the perfect investment partner to take advantage of the ~$700 bn US gifting market. The experience gifting space is seeing significant … [Read more...]
Experiences Reign Supreme During Squeeze on Consumer Finances, According to Paysafe
Research released by Paysafe highlights how consumers are prioritising expenditure and how they are paying for itLONDON--(BUSINESS WIRE)--Consumer demand for travel, leisure and other experiences remains strong despite the increase in cost of living according to Paysafe (NYSE: PSFE) research* released today. The leading payments platform found that 51% of consumers are still … [Read more...]
Camping World Named to the Fortune 500 List
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), America’s Recreation Dealer announced that it has been named to the Fortune 500 list. The Company ranked 475, moving up from its position last year. Marcus Lemonis, Chairman and Chief Executive Officer stated, “This is a recognition of nearly 13,000 team members who generated $7 … [Read more...]
US Department of Labor’s Job Corps Program Launches National Alumni Network
Network to provide local and national reconnection opportunities to Job Corps graduates across countryWASHINGTON--(BUSINESS WIRE)--#CareersBeginHere--The U.S. Department of Labor’s Job Corps program has launched Job Corps Alumni Connect, a network to provide reconnection opportunities for its more than 3 million graduates who have attended the program over the past 59 … [Read more...]
Global Duty-free and Travel Retail Market Report 2023: Significant Growth in the Tourism Industry Fuels the Sector – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Duty-free and Travel Retail Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global duty-free and travel retail market size reached US$ 37.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 58.8 Billion by 2028, … [Read more...]
Interval International Expands Network in Southeast Asia With the Addition of Vietnam’s Luxurious ALMA Resort
MIAMI--(BUSINESS WIRE)--#GrowWithInterval--Interval International, a leading worldwide provider of vacation services, recently affiliated ALMA, the high-end resort owned and operated by Paradise Bay Resort Company Limited. Stretching across 30 hectares on Vietnam's scenic Cam Ranh peninsula, the family-friendly property has an impressive selection of luxury amenities. ALMA … [Read more...]
STARLUX Airlines Launches Third Philippines Route; North American Travelers Can Soon Fly to Clark via Taipei
Clark is gateway to the northern Philippines and prime island tourist locationsTAIPEI, Taiwan & LOS ANGELES--(BUSINESS WIRE)--Taiwan-based luxury carrier STARLUX Airlines is adding a third Philippines destination to its routes, with the launch of daily flights between Taipei and Clark, Philippines, starting August 15. North American travelers can soon fly with ease and … [Read more...]
The Inca Arrives to USA, a Strong Outlook for Peru Tourism Recovery
LIMA, Perú--(BUSINESS WIRE)--The Inca emperor walks the streets of New York City while his retinue dances tirelessly along the way, garnering the attention of the passers-by who stopped to stare and take video of the captivating scene. This performance was displayed by 30 actors from Cusco, Peru, as a promotional strategy to get Peru back in the news and in front of … [Read more...]
Senate Approves Wave and Tidal Renewable Energy Bill
SB 605 Puts California on the Path Toward a New Energy SourceSACRAMENTO, Calif.--(BUSINESS WIRE)--The Senate today unanimously approved a bill that aims to put California on the path to developing a new source of clean, renewable energy that will help the state meet its carbon-free targets while bolstering its grid. The measure, SB 605 by Senator Steve Padilla (D-Chula Vista), … [Read more...]
Marti Reports Solid Fourth Quarter 2022 Performance; Introduces Car-pooling Service Pilot
ISTANBUL--(BUSINESS WIRE)--Marti Technologies Inc. (“Marti” or the “Company”), Turkey’s leading mobility app, today announced its financial results for the fourth quarter of 2022. The Company delivered strong financial performance in the fourth quarter as net revenue increased by 84% to $6.3 million as compared to the same period in 2021, and average net revenue per ride … [Read more...]
ESpace Networks Accelerates Growth With $10 Million Investment From Columbia Capital
MIRAMAR, Fla.--(BUSINESS WIRE)--ESpace Networks, a Florida-based software company transforming enterprise connectivity, announced today the successful closing of its Series A round, receiving a $10 million investment from Columbia Capital. The funding will further advance ESpace Networks’ leadership enabling customers to intelligently manage connectivity for moving things. The … [Read more...]
Global Ground and Cargo Handling Services Market Outlook & Forecast Report 2023-2028 Featuring Key Vendors – Swissport, Dnata, Menzies Aviation, & Worldwide Flight Services – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Ground and Cargo Handling Services Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global ground and cargo handling services market is expected to reach a value of $43.8 billion by 2028 from $31.5 billion in 2022, growing at a CAGR of 5.65% from 2022 to 2028. Airports are actively … [Read more...]
OceanTech Acquisitions I Corp. Announces Postponement of Special Meeting of Stockholders Until May 30, 2023 at 11:30 a.m. EDT
NEW YORK--(BUSINESS WIRE)--OceanTech Acquisitions I Corp. (“OceanTech” or the “Company”) (Nasdaq: OTEC/OTECU / OTECW), a special purpose acquisition company, previously filed a definitive proxy statement / final prospectus with respect to a special meeting of its stockholders to be held on Friday, May 26, 2023 at 1:00 p.m. EDT (the “Special Meeting”) to vote on, among other … [Read more...]
Pebblebrook Hotel Trust Completes Sale of Hotel Vintage Seattle
BETHESDA, Md.--(BUSINESS WIRE)--$PEB #hotel--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) announced that on May 24, 2023, it closed on the sale of the 125-room Hotel Vintage Seattle in Seattle, WA for $33.7 million to a third party. For the trailing twelve months ended March 31, 2023, the hotel’s net operating income was $0.8 million, and its Hotel EBITDA was $1.1 … [Read more...]
Agilysys to Participate in 20th Annual Craig-Hallum Capital Group Institutional Investor Conference May 31st in Minneapolis
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc., (Nasdaq: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced it will participate in the 20th Annual Craig-Hallum Capital Group Institutional Investor Conference, which will be held in person at the Depot Renaissance Hotel Minneapolis in Minneapolis, Minnesota … [Read more...]
Virgin Galactic Completes Successful Spaceflight
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) today successfully completed its Unity 25 mission to space. Mission specialists Jamila Gilbert, Christopher Huie and Luke Mays became the newest Virgin Galactic Astronauts as they evaluated the end-to-end astronaut training and spaceflight experience. The Company will now prepare for commercial … [Read more...]
Interval International Expands Latin American Resort Network With the Affiliation of Market Leader, Multivacaciones Decameron
MIAMI--(BUSINESS WIRE)--#GrowWithInterval--Interval International, a leading worldwide provider of vacation services, welcomes Multivacaciones Decameron to its coveted collection of affiliated hospitality brands. The agreement introduces 27 hotels and resorts across Colombia, Ecuador, Peru, Panama, El Salvador, Jamaica, and Mexico to Interval’s growing exchange network of over … [Read more...]
Aviation Capital Group Announces Delivery of One A321neo to Frontier Airlines
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--#a321neo--Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A321neo aircraft on long-term lease to Frontier Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the third of seven A321neo aircraft scheduled to deliver to the airline from ACG’s order book with Airbus. Traditional to … [Read more...]
Fanttik Kicks off “Fanttik Day” to Celebrate Its 3rd Anniversary With up to 50% Off
HOUSTON--(BUSINESS WIRE)--According to survey from Tripin and Parkmyfleet, nearly three-quarters of Americans feel optimistic about travel in 2023. 90% of Americans traveled in the past three months and 64% took a road trip. Fanttik, on the other hand, is dedicated to catering to road trip enthusiasts by developing a wide range of automotive accessories, ensuring people's … [Read more...]
Corporacion America Airports Reports First Quarter 2023 Results
Consolidated Revenues, ex-IFRIC12, 16.2% above pre-pandemic levels Record Adjusted EBITDA of $141 million; Adjusted EBITDA margin, ex-IFRIC12, 1.5 p.p above 1Q19LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) one of the leading private airport operators in the world, reported today its unaudited, consolidated results for … [Read more...]
Stephen H. Marcus to Become Chairman Emeritus of The Marcus Corporation; Gregory S. Marcus Named Chairman of the Board of Directors
MILWAUKEE--(BUSINESS WIRE)--After more than 60 years of company leadership, including 31 years as chairman of The Marcus Corporation, the board of directors today unanimously appointed Stephen H. Marcus as non-director chairman emeritus and special advisor to the company. Steve Marcus notified the board of directors that he is stepping down as chairman of the board effective … [Read more...]
RecNation Announces the Largest Dedicated Debt Facility for RV & Boat Storage in the Country
Closed on the Largest Boat & Recreational Vehicle Storage Debt Facility in the Country expanding the bank syndicate to 8 leading financial institutions. Provides Immediate Resources to Facilitate the Company's Continued National ExpansionDALLAS--(BUSINESS WIRE)--RecNation Storage ("RecNation" or the "Company"), the leading owner, operator and developer of specialized … [Read more...]
Cvent Announces Top Meeting Destinations and Top Meeting Hotels in Europe for 2023
The highly anticipated annual Top Lists, published for the first since the pandemic, spotlight top performing MICE hotels and sought after meeting destinationsLONDON & FRANKFURT, Germany--(BUSINESS WIRE)--$CVT #CventTopDestinations--Cvent, an industry-leading meetings, events, and hospitality technology provider, today released its lists of the Top Meeting Destinations and … [Read more...]
Peru wins gold at Chinese Tourism Welcome Award 2023
LIMA, Perú--(BUSINESS WIRE)--Peru was awarded with gold at the Chinese Tourist Welcome (CTW) awards ceremony, held in the city of Guangzhou. This prize rewards the efforts of the Commission for the Promotion of Peru for Exports and Tourism (PROMPERÚ) to attract high-spending Chinese travelers, mainly the segment of independent travelers. Peru maintained focus in this important … [Read more...]
Faraday Future Announces User Based Co-Creation “Mission Farad” Which Unites Developers, Creators, Users, and Investors to Achieve Value Co-Creation and Co-Sharing
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("Faraday Future", “FF” or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its newly established “Mission Farad,” designed to encompass the Company’s many benefits to its user-based co-creation philosophy. “Mission Farad” will bring … [Read more...]
Textron Aviation Unveils Newest Addition to Bestselling Business Jet Family: Cessna Citation Ascend
GENEVA--(BUSINESS WIRE)--Textron Aviation announced today the newest Cessna Citation business jet in the legendary 560XL series — the Cessna Citation Ascend. Unveiled on the eve of this week’s European Business Aviation Convention and Exhibition (EBACE), the Citation Ascend is designed to bring an entirely new cockpit, improved performance and a more luxurious cabin to the … [Read more...]
Onfido Acquires Airside, Enabling a World of ‘Verify Once, Share Anywhere’ Digital Identity
Global leaders in digital identity join forces to deliver user-controlled, shareable digital identity designed with data privacy and time-saving convenience at its core Users will verify their identity once, get digital identity credentials on their device, and then share to unlock financial service offerings, travel access, and more SAN FRANCISCO & HERNDON, Va. & … [Read more...]
Vertical Expands Presence in Asia-Pacific With VX4 Aircraft Pre-order From Leading South Korean Mobility Firm Kakao Mobility
Kakao Mobility pre-orders up to 50 VX4 aircraft, adding South Korea to Vertical’s customer launch list market Kakao Mobility has over 30 million registered users for its existing Mobility-as-a-Service ride-hailing and will bring this expertise to create a seamless air-to-ground passenger journey Builds on Vertical’s existing consortium partnership for Korean government-backed … [Read more...]
Egypt: A Family-Friendly Exotic Destination
BERLIN--(BUSINESS WIRE)--If you are planning a family holiday, look no further than Egypt. The country is renowned for its all-inclusive hotels and resorts that cater to the needs of families with children. These resorts offer entertainment programs and excursions suitable for all age groups. Museums and cultural sights also offer family-friendly activities. Furthermore, … [Read more...]
Leading Well-Being Brand, Exhale™ Continues Its Expansion in Hospitality With Iconic Virgin Hotels New York City
A visionary in the well-being space, Exhale™ continues to innovate and expand with new state-of-the-art locations.NEW YORK--(BUSINESS WIRE)--Exhale™ the leading health and wellness brand, announces a collaboration with Virgin Hotels New York City to help serve hotel guests and the community with access to its transformative mind-body therapies and programming. Exhale™ continues … [Read more...]
Dongying Deepens Ties With International Estuarine Cities
DONGYING, China--(BUSINESS WIRE)--Dongying, Shandong province, which is located where the Yellow River flows into the Bohai sea, has been promoting cooperation with estuarine cities around the world. The Yellow River Estuary International Friendly Cities Conference for Dialogue and Exchange, which was held in the city on May 15, provided a platform for international estuarine … [Read more...]
UNITE HERE Local 11: Culver City Hotel Workers Submit Initiative to Guarantee Fair Pay and Protections Against Sexual Assault
CULVER CITY, Calif.--(BUSINESS WIRE)--Hotel workers in Culver City have filed an initiative that will guarantee a $25 per hour minimum wage and protect room attendants against sexual assault. Similar legislation has already been passed in other California cities, including Los Angeles, Irvine, and Santa Monica, and Long Beach. Last month, hotel workers in Rancho Palos Verdes … [Read more...]
China Eastern Airlines shines at China Brand Day events
SHANGHAI, China--(BUSINESS WIRE)--The China Brand Day events kicked off at the Shanghai World Expo Exhibition and Convention Center in mid-May, joined by over 1,000 Chinese brands. At the events, China Eastern Airlines (CEA) displayed its cabin services, in-flight meals, technological and innovative products and other interactive experiences with an aim to build an immersive … [Read more...]
Airwallex and Expedia Team up to Help Global Business Travelers Travel Easier
SAN FRANCISCO--(BUSINESS WIRE)--Against a surge in both business and personal travel, global fintech Airwallex and leading travel technology company Expedia Group announced today a joint promotion to help customers save when booking hotel stays. Jessica Chiu, Head of North American Strategic Partnerships at Airwallex said global business and personal travel was regaining … [Read more...]
The St. Joe Company Hosts 2023 Annual Meeting of Shareholders and Released a Video Featuring Many of Its Residential, Commercial and Hospitality Assets
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) today concluded its 2023 Annual Meeting of Shareholders and released a video featuring many of its residential, commercial and hospitality assets in Northwest Florida. The video was shown at the meeting on May 16, 2023, in Panama City Beach, Florida as a preview of a driving tour that followed … [Read more...]
Elavon signs exclusive deal with Amazon-approved partner The Digital Line (TDL) to launch new range of digital services in hospitality industry
Joint solution includes multi-functional, voice-activated system, Audico, running on Alexa Smart PropertiesLONDON--(BUSINESS WIRE)--Global payments provider Elavon has partnered with The Digital Line (TDL) on a voice-activated solution for the hospitality industry. The solution – Audico – utilises the Amazon Alexa device to deliver a variety of voice-driven services. Elavon is … [Read more...]
OneSpaWorld Announces Pricing of Secondary Offering of Common Shares by Selling Shareholders
NASSAU, Bahamas--(BUSINESS WIRE)--OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld” or the “Company”), the preeminent global provider of health and wellness services and products onboard cruise ships and in destination resorts around the world, today announced the pricing of its previously announced underwritten secondary offering of common shares of the Company at a … [Read more...]
Getaround Closes Acquisition of HyreCar Assets
Symbiotic transaction accelerates path to profitability and fortifies Company’s carsharing leadership positionSAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced the Company has closed on its acquisition of substantially all of the assets of HyreCar (OTC: HYRE), a premier gig carsharing marketplace. The … [Read more...]
Caesars Palace Opens Brasserie B by Bobby Flay in Late 2023
Celebrated chef to bring French restaurant to the Las Vegas Strip *For a high-resolution rendering, click here*LAS VEGAS--(BUSINESS WIRE)--Following the tremendous success of Amalfi by Bobby Flay, the award-winning chef will introduce a new French concept at Caesars Palace. Brasserie B by Bobby Flay will offer delicious and distinct French-inspired dishes for brunch, lunch and … [Read more...]
OneSpaWorld Announces Launch of Proposed Secondary Offering of Common Shares by Selling Shareholders
NASSAU, Bahamas--(BUSINESS WIRE)--OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld” or the “Company”), the preeminent global provider of health and wellness services and products onboard cruise ships and in destination resorts around the world, today announced the commencement of a proposed underwritten secondary offering of 8,000,000 common shares of the Company. … [Read more...]
Radfords, Global Leader in Fresh Produce Software, Secures Strategic Investment from Arcadea Group
The investment bolsters Radfords' international growth and secures its reputation of quality and innovation for decades to come.TAURANGA, New Zealand & TORONTO--(BUSINESS WIRE)--#VSaaS--Radfords, a globally recognized leader in fresh produce software serving the entire fresh produce value chain – including orchard owners, packhouses, and marketers – has secured a strategic … [Read more...]
Agilysys to Participate in 18th Annual Needham Technology & Media Conference
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc., (Nasdaq: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced it will participate in the 18th Annual Needham Technology & Media Conference to be held both virtually and in person in New York City, May 16th to 18th. Agilysys Chief Financial Officer Dave Wood … [Read more...]
Bluegreen Vacations Expands to Nashville
BOCA RATON, Fla.--(BUSINESS WIRE)--Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (“Bluegreen Vacations,” or the “Company”), is excited to announce its expansion into the Nashville, Tennessee market with the acquisition of two properties located in the historic Printers Alley district. One of the properties, previously a 15-story hotel, contains 86 rooms and … [Read more...]
Canada Jetlines Announces First Quarter 2023 Financial Results
TORONTO--(BUSINESS WIRE)--Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines” or the “Company”) today reported first quarter 2023 interim financial results. All financial figures are in Canadian dollars and in accordance with IFRS as presented in the annual consolidated financial statements. First Quarter 2023 Interim Financial Results Total operating revenues for … [Read more...]
Air Tickets to Hong Kong Available to Travelers on May 17
Plus, Over 1 Million Gifts In-Store for Travelers HONG KONG & LOS ANGELES--(BUSINESS WIRE)--Hong Kong is ready to welcome global visitors with its recent "Hello Hong Kong" promotional campaign, launched in February. This initiative represents the city's enthusiastic outreach to international tourists. To entice travelers, the Hong Kong Airport Authority is offering 500,000 … [Read more...]
Grand Hyatt Celebrates Its Spanish Debut With Opening of Grand Hyatt La Manga Club Golf & Spa
The iconic 192-room resort owned by Grupo Inversor Hesperia becomes the first Grand Hyatt along the Mediterranean coastline to offer the brand’s elevated travel experience in this exclusive golf destinationCHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced the opening of Grand Hyatt La Manga Club Golf & Spa – the first Grand Hyatt hotel to open in … [Read more...]
Sky Harbour Group Corporation Announces its 2023 Q1 Financial Results, Update on Leasing Activities and the Closing of its Acquisition of RapidBuilt
WEST HARRISON, N.Y.--(BUSINESS WIRE)--Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home-Basing Solutions for business aircraft, announced the release of its 2023 1st quarter Financial Results in Form 10-Q. Please see the following link to access the … [Read more...]
Vancouver’s Chinatown receives a $2.2 million grant from the Province of British Columbia to revitalize the neighbourhood
Funding received will upgrade infrastructure, restore storefronts and bring lighting to businesses across the neighbourhood VANCOUVER, British Columbia--(BUSINESS WIRE)--The Vancouver Chinatown Foundation is pleased to announce a $2.2 million grant from the Province of British Columbia to support the revitalization efforts of Vancouver’s historic Chinatown. The funding will … [Read more...]
UNITE HERE Launches Website Aimed at Prospective Buyers of Fairmont Sonoma Mission Inn
Website Includes Information About Labor Dispute, Human Capital Management, and MoreSONOMA, Calif.--(BUSINESS WIRE)--The hotel workers’ union UNITE HERE has launched a website to inform prospective buyers of the Fairmont Sonoma Mission Inn that the hotel is facing a labor dispute, human capital management issues, and a regional labor shortage. Workers at the luxury resort in … [Read more...]
Comstock Reports First Quarter 2023 Results
Revenue increased 18% to $10.3 million vs. $8.7 million in Q1 2022; driven by 9% growth in asset management and 37% growth in three property management subsidiaries combined Non-cash impacts of prior year tax benefit and investment valuation decline resulted in net income of $0.7 million vs. $2.0 million in Q1 2022 Adjusted EBITDA of $1.6 million represents slight increase … [Read more...]
Tambourine Room by Tristan Brandt at Carillon Miami Wellness Resort Honored With First Michelin Star
Newly Opened 18-Seat Fine Dining Restaurant Serving Modern Classic French Fare with Asian Influences Shines in Chef Brandt’s U.S. DebutMIAMI--(BUSINESS WIRE)--Tambourine Room by Tristan Brandt, the new fine dining restaurant by acclaimed chef Tristan Brandt at the world-class Carillon Miami Wellness Resort, announced today that it has been awarded its first Michelin Star by the … [Read more...]
Dollywood’s Big Bear Mountain Now Open, Sending Riders to Search for “Big Bear”
Dolly Parton helps “launch” first riders during grand opening celebration PIGEON FORGE, Tenn.--(BUSINESS WIRE)--Dollywood’s Big Bear Mountain, the largest single attraction investment in the park’s history, opened Friday to the general public with much fanfare, a nod to the Great Smoky Mountains, and of course, a visit from Dolly Parton. The $25 million Big Bear … [Read more...]
UNITE HERE Hotel Union Announces Mother’s Day Picket at Fairmont Washington D.C., Georgetown
UNITE HERE Local 25, the hotel workers Union, will conduct an informational picket to alert customers that workers at the Fairmont are not protected by a union contract with Local 25--(BUSINESS WIRE)--UNITE HERE: Who: UNITE HERE Local 25, the union that represents approximately 6,500 hotel, restaurant, and casino workers in DC, MD, and VA What: Union members and staff … [Read more...]
Pilot Staffing Crisis Sees Solutions Starting on the “Ninth Island”* in Las Vegas before Hitting the Beaches at Honolulu Recruitment Event
LAS VEGAS--(BUSINESS WIRE)--FAPA (Future & Active Pilot Advisors) is pleased to announce the Second Annual Pilot Retirement Event: a recruitment event aimed at addressing the shortage of pilots in certain sectors of the aviation industry combined with a celebration for pilots completing a successful airline career. The event will take place at the MGM Grand Hotel in Las … [Read more...]
Travel + Leisure Awards Curator Hotel & Resort Collection Member Hotels as the Best Hotels in the World
BETHESDA, Md.--(BUSINESS WIRE)--The 2023 T+L 500 was announced in the May issue of Travel + Leisure, with 10 Curator Hotel & Resort Collection member properties awarded as one of the 500 best hotels and resorts in the world. “Having our member properties named the ‘World’s Best’ by Travel + Leisure confirms that they provide the type of memorable experiences discerning … [Read more...]
Thales awarded multi-year contract for new generation US Passport eCovers
The contract is scheduled to last up to 10 years and will provide the latest passport electronic cover (eCover) technology for U.S. passport holders. Thales, a global leader in digital security, has delivered more than 127 million U.S. passport eCovers since 2005. ARLINGTON, Va.--(BUSINESS WIRE)--#ThalesIDWallet--Thales, the world’s leading supplier of ePassport solutions for … [Read more...]
Mastercard Economics Institute Releases Travel Industry Trends 2023: Mainland China Re-Opens, Experiences Endure, and Business Travel Bounces Back
PURCHASE, N.Y.--(BUSINESS WIRE)--#ConsumerChoice--New insights from the Mastercard Economics Institute reveal that consumers are taking advantage of a more traditional travel ecosystem in 2023, prioritizing leisure travel and pioneering new corridors around the world. Released today, Travel Industry Trends 2023 delivers key insights about the global state of travel, punctuated … [Read more...]
Sonder Holdings Inc. Announces First Quarter 2023 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Sonder Holdings Inc. (NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced first quarter 2023 financial results. A Shareholder Letter containing the results can be found on the Company’s website at investors.sonder.com. Management will host a webcast at … [Read more...]
BBX Capital, Inc. Reports Financial Results For the First Quarter of 2023
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--BBX Capital, Inc. (OTCQX: BBXIA) (PINK: BBXIB) (“BBX Capital” or the “Company”) reported today its financial results for the first quarter of 2023. Selected highlights of BBX Capital’s consolidated financial results include: First Quarter 2023 Compared to First Quarter 2022 Total consolidated revenues of $95.0 million vs. $75.5 … [Read more...]
PAR Technology Corporation Announces First Quarter 2023 Results
Total quarterly revenues increased 25.1% year-over-year from Q1 '22 Annual Recurring Revenues (ARR)(1) grew to $115.9 million - a 22.7% increase from $94.4 million reported in Q1 '22 NEW HARTFORD, N.Y.--(BUSINESS WIRE)--PAR Technology Corporation (NYSE: PAR) (“PAR Technology” or the “Company”) today announced its financial results for the first quarter ended March 31, … [Read more...]
LuxUrban Hotels Signs Master Lease Agreements to Operate Boutique Hotels in New York City and Los Angeles Adding 214 Units to its Portfolio
101 Bogart Street Commences OperationsMIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, announced today that it has signed a 25-year Master Lease Agreement (MLA), inclusive of two … [Read more...]
Liberty TripAdvisor Holdings, Inc. to Hold Virtual Annual Meeting of Stockholders
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty TripAdvisor Holdings, Inc. (“Liberty TripAdvisor”) (Nasdaq: LTRPA, LTRPB) will be holding its virtual Annual Meeting of Stockholders on Tuesday, June 6, 2023 at 8:45 a.m. M.T. Stockholders of record as of the record date will be able to listen, vote and submit questions pertaining to the annual meeting by logging in at … [Read more...]
Virgin Galactic Announces First Quarter 2023 Financial Results And Provides Business Update
First Commercial Flight 'Galactic 01' Remains on Track Targeting Late June Successful Completion of VSS Unity Glide Flight Clears the Path for Spaceflight Next Spaceflight With Virgin Galactic Crew On Board Scheduled for Late May ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its … [Read more...]
Vacasa Appoints Bruce Schuman as New Chief Financial Officer
PORTLAND, Ore.--(BUSINESS WIRE)--Vacasa, Inc. (Nasdaq: VCSA), North America’s leading vacation rental management platform, today announced the appointment of Bruce Schuman as Chief Financial Officer, effective June 1, 2023. Schuman will succeed Jamie Cohen, who is stepping down to pursue other opportunities. To facilitate an orderly succession and transition, Cohen will remain … [Read more...]
Canada Jetlines Signs Agreement with The International Student Identity Card (ISIC) Program
TORONTO--(BUSINESS WIRE)--Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines” or the “Company”) announces that it has signed a contract with the ISIC Program that will see Canada Jetlines provide discounted airfare rates to University enrolled students globally. This agreement complements many other private user group agreements whose members benefit from private … [Read more...]
Lost & Found Industry Leader ‘Reunitus’ Announces Senior Leadership Appointments to Support Continued Growth
ATLANTA--(BUSINESS WIRE)--Building upon more than 50 years of innovation, Reunitus™ continues to expand its unparalleled comprehensive and trusted lost and found solutions throughout the transportation, hospitality, and entertainment industries. To support this growth, the company is investing in the hiring and development of key leaders. Ricardo Lopez has been hired as the … [Read more...]
EG Acquisition Corp. and flyExclusive Announce Filing of Preliminary Proxy Statement with SEC in Connection with their Proposed Business Combination
NEW YORK & KINSTON, N.C.--(BUSINESS WIRE)--EG Acquisition Corp. (NYSE: EGGF), a Special Purpose Acquisition Company (“SPAC”), sponsored by EnTrust Global and GMF Capital, and flyExclusive, a leading provider of premium private jet experiences, today announced that EGGF has filed with the U.S. Securities and Exchange Commission (“SEC”) a preliminary proxy statement (the … [Read more...]
Lyft CEO to Participate in Fireside Chat Hosted by J.P. Morgan
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) announced today that David Risher, chief executive officer, will participate in a fireside chat at J.P. Morgan’s 51st Annual Global Technology, Media and Communications Conference on Monday, May 22, 2023 in Boston, MA. Mr. Risher is scheduled to appear at 10:40 a.m. Eastern Time. A live webcast of the event will be … [Read more...]
Hotel Association of NYC Foundation Honors Industry Luminaries at Annual ‘Red Carpet Hospitality Gala’
NYC Mayor Eric Adams delivered keynote remarks; honorees include Jonathan M. Tish, Daniel Boulud & Arash AzarbarzinNEW YORK--(BUSINESS WIRE)--The Hotel Association of NYC Foundation, charitable arm of the Hotel Association of New York City (HANYC), hosted its annual “Red Carpet Hospitality Gala” at The Pierre Hotel in Manhattan on Monday, May 1 where Hon. Eric Adams, Mayor … [Read more...]
Six Flags Reports First Quarter 2023 Performance
ARLINGTON, Texas--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of water parks in North America, today reported first quarter Revenue of $142 million, Net Loss of $70 million, and an Adjusted EBITDA loss of $17 million. “We are pleased to have delivered record first quarter revenue and … [Read more...]
Museum Centre Vapriikki: The World of Fairy Tales at Vapriikki
TAMPERE, Finland--(BUSINESS WIRE)--#CityOfTampere--The exhibition "Once Upon a Time: The Story of the Origins of Fairy Tales" opened on April 28th at Museum Centre Vapriikki in Tampere, Finland. The exhibition features familiar, and also unfamiliar, fairy tales from Finland, Europe and beyond seven seas. The enchanted forest in the exhibition space takes visitors on a journey … [Read more...]
RLJ Lodging Trust Reports First Quarter 2023 Results
- Q1 RevPAR increased 27.0% from 2022 - Repurchased $40 million of common shares - Increased quarterly dividend to $0.08 per common shareBETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2023. First Quarter And Year To Date Highlights Portfolio Comparable RevPAR of $136.45, an increase of … [Read more...]
UnCruise Adventures Launches Summer Cruise Season with Small Ship BIG Savings and Endless Adventure
Explore the wonders of Southeast Alaska with a small footprint and personalized service, unlike the big ship cruise lines, with these new offers.JUNEAU, Alaska--(BUSINESS WIRE)--UnCruise Adventures’ summer cruise season is officially open and offers some huge savings for solo, group, and family travelers. The privately-owned U.S. company is dedicated to small groups, small … [Read more...]
Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2022
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 27, 2023 and is available on Despegar’s website at … [Read more...]
Hyatt to Live Stream Investor Day
Hyatt’s 2023 Investor Day on May 11th to Focus on Hyatt’s TransformationCHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today additional details for its Investor Day on Thursday, May 11, 2023. The event, which is themed "The New Hyatt: Fee-Based, Resilient, and Asset-Light," will be streamed live from the luxury, all-inclusive … [Read more...]
Exclusive Yachts™ Launches the First Membership Club for Luxury Yacht Experiences
The company’s model makes yachting easier, consistent and stress-free for frequent travelersNAPLES, Fla.--(BUSINESS WIRE)--Luxury yacht experiences are now easier than ever, thanks to Exclusive Yachts™, the world’s first subscription-based membership club offering unforgettable yachting experiences without the headaches of owning a vessel or frequent ad-hoc charters. The … [Read more...]
Lyft Announces Results for First Quarter 2023
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its first quarter ended March 31, 2023. “We’re improving our rideshare service and are thrilled with the early results. Riders are taking more rides and drivers have the power to earn more,” said David Risher, chief executive officer of Lyft. “Our focus on riders and drivers will … [Read more...]
The ONE Group Reports First Quarter 2023 Financial Results
Achieved an 11.3% Increase in Revenues Reaffirms 2023 Targets, Including Eight to Twelve New VenuesDENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the first quarter ended March 31, 2023. Highlights for the first quarter compared to the same period in 2022 are as follows: Total … [Read more...]
Expedia Group Reports First Quarter 2023 Results
Gross bookings increase 20% with record lodging gross bookings Highest ever first quarter revenue, up 18% Accelerated level of share repurchases at $600 million year-to-date SEATTLE--(BUSINESS WIRE)--Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2023. "The first quarter saw strong travel demand driven by … [Read more...]
Siam Piwat and TAGTHAi team up to boost tourism with integrated Thailand travel platform
BANGKOK--(BUSINESS WIRE)--#TAGTHAi--Siam Piwat, a leading property and retail developer, the owner and operator of world-class destinations including Siam Paragon, Siam Center, and Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets Bangkok, is reinforcing its 'The Visionary ICON' position and amplifying its vision to strengthen business ecosystem … [Read more...]
Cedar Fair Reports First Quarter 2023 Results
Experiencing strong early-season booking trends for group events and at the Company’s resort properties Robust business fundamentals and a compelling collection of new attractions position Cedar Fair to deliver another outstanding performance in 2023 despite first quarter weather challenges Board of Directors approves new authorization to repurchase units up to $250 million … [Read more...]
VSE Corporation Declares Quarterly Cash Dividend
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for air, land and sea transportation assets supporting commercial and government markets, announced that the Company’s Board of Directors has declared a regular quarterly cash dividend of … [Read more...]
Kennedy Wilson Reports First Quarter 2023 Results
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--$KW--Kennedy-Wilson Holdings, Inc. (NYSE: KW), a leading global real estate investment company with $23 billion in AUM that owns, operates, and invests in real estate both on its own and through its investment management platform, today reported results for Q1-2023: “Our Q1 results demonstrated the continued growth in our recurring … [Read more...]
Marriott Vacations Worldwide (“MVW”) Reports First Quarter 2023 Financial Results
ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (the “Company”) reported first quarter 2023 financial results. First Quarter 2023 Highlights Consolidated Vacation Ownership contract sales were $434 million, a 10% increase compared to the first quarter of 2022, and VPG was $4,358. Net income attributable to common shareholders was $87 … [Read more...]