STR

Kindred receives warning and sanction fee from the Swedish Gambling Authority

Retrieved on: 
Wednesday, November 23, 2022
STR, Risk, Failure, Kindred Group, Terrorism, Legislation, AML, SGA, Gambling, Swedish, SEK, Cryptocurrency, Kindred, EU

SLIEMA, Malta, Nov. 23, 2022 /PRNewswire/ -- Kindred Group plc's (Kindred) wholly owned subsidiary, Spooniker Ltd (Spooniker), has today received a warning and a sanction fee of SEK 10.9 million by the Swedish Gambling Authority (SGA). According to the SGA, Kindred has failed in its Enhanced Due Diligence requirements and have not taken sufficient measures to assess the risk of its services being used for money laundering and terrorist financing.

Key Points: 
  • Kindred Group has received a warning and a sanction fee of SEK 10.9 million from the Swedish Gambling Authority for shortcomings in its work against money laundering and financing of terrorism.
  • SLIEMA, Malta, Nov. 23, 2022 /PRNewswire/ --Kindred Group plc's (Kindred) wholly owned subsidiary, Spooniker Ltd (Spooniker), has today received a warning and a sanction fee of SEK 10.9 million by the Swedish Gambling Authority (SGA).
  • Kindred is considering a potential appeal of the warning and sanction fee.
  • This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Kindred receives warning and sanction fee from the Swedish Gambling Authority

Retrieved on: 
Wednesday, November 23, 2022
STR, Risk, Failure, Kindred Group, Terrorism, Legislation, AML, SGA, Gambling, Swedish, SEK, Cryptocurrency, Kindred, EU

SLIEMA, Malta, Nov. 23, 2022 /PRNewswire/ -- Kindred Group plc's (Kindred) wholly owned subsidiary, Spooniker Ltd (Spooniker), has today received a warning and a sanction fee of SEK 10.9 million by the Swedish Gambling Authority (SGA). According to the SGA, Kindred has failed in its Enhanced Due Diligence requirements and have not taken sufficient measures to assess the risk of its services being used for money laundering and terrorist financing.

Key Points: 
  • Kindred Group has received a warning and a sanction fee of SEK 10.9 million from the Swedish Gambling Authority for shortcomings in its work against money laundering and financing of terrorism.
  • SLIEMA, Malta, Nov. 23, 2022 /PRNewswire/ --Kindred Group plc's (Kindred) wholly owned subsidiary, Spooniker Ltd (Spooniker), has today received a warning and a sanction fee of SEK 10.9 million by the Swedish Gambling Authority (SGA).
  • Kindred is considering a potential appeal of the warning and sanction fee.
  • This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Competition for Leisure Guests Heats Up Between Hotels and Short-Term Rentals

Retrieved on: 
Monday, November 14, 2022
Perception, Growth, City, CoStar Group, STR, Industry, Holiday, Analytics, COVID-19, NASDAQ, Renting, Tourism, Research

Hotels retargeted towards leisure guests to reclaim demand, focusing on urban areas, pushing short-term rentals' market share back to below its pre-pandemic trajectory.

Key Points: 
  • Hotels retargeted towards leisure guests to reclaim demand, focusing on urban areas, pushing short-term rentals' market share back to below its pre-pandemic trajectory.
  • In large cities, short-term rental supply contracted dramatically as demand dropped off in 2020, while government subsidies helped to reduce permanent closures of hotels.
  • Despite the perception that rentals are cheaper, in 2019, hotels and comparably-sized rentals were priced around the same, except in urban locations.
  • In large cities, hotels were priced 42.9% higher than rentals, but that gap has closed to 26.6% in 2022.

Candel Therapeutics Announces Late-Breaking Oral Presentation at SITC Annual Meeting with Data on CAN-2409 in Combination with Nivolumab in a Phase 1 Mechanistic Clinical Trial in Patients with High-Grade Glioma

Retrieved on: 
Friday, November 11, 2022
GTR, Form, Cytokine, Nivolumab, SITC, Content discovery platform, Company, Gamma ray, Biology, Prostate cancer, MD, Combination therapy, Private Securities Litigation Reform Act, Therapy, Cancer, HSV, Immunotherapy, GLOBE, Doctor of Philosophy, Patient, STR, SEC, CXCL11, Chemokine, CADL, Neoplasm, Tumor microenvironment, MOS, MGMT, Pancreatic cancer, Large-cell lung carcinoma, Immunogenic cell death, Nasdaq, Pharmaceutical industry, Vaccine, Fellow of the Academy of Medical Sciences, Candel

Data were presented at the 37th Annual Meeting of Society for Immunotherapy of Cancer (SITC) today in Boston.

Key Points: 
  • Data were presented at the 37th Annual Meeting of Society for Immunotherapy of Cancer (SITC) today in Boston.
  • Proteomic analysis by OLINK revealed an increase in pro-inflammatory cytokines, including interferon-gamma, the chemokines CXCL9/10 and CXCL11, MCP-1, MCP-3, and granzyme A.
  • Systemic immune activation was observed after the single administration of CAN-2409, prior to initiation of nivolumab (week 3 post treatment).
  • The data support the potential therapeutic synergies between CAN-2409 in combination with immune checkpoint inhibitors across various solid tumors.

Arcimoto Announces New Experience Center at Royal Sonesta Kaua'i Resort Lihue

Retrieved on: 
Thursday, November 10, 2022
Collection, GLOBE, YouTube, Forward-looking statement, The Clift Royal Sonesta Hotel, City, STR, Restaurant, STR, Inc, Environment, Adoption, Travel, SEC, NASDAQ, Red Lion Hotels, Industry, Tourism, Marketing, Hotel, Facebook, Arcimoto, Sonesta

EUGENE, Ore., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc. (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, announced plans to open Arcimoto Kauai, a new experience center located at Royal Sonesta Kaua'i Resort Lihue.

Key Points: 
  • EUGENE, Ore., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc. (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, announced plans to open Arcimoto Kauai, a new experience center located at Royal Sonesta Kaua'i Resort Lihue.
  • Were thrilled to bring Arcimoto vehicles to the Royal Sonesta for an unforgettable, sustainable driving experience, said Lynn Yeager, Arcimoto Chief Experience Officer.
  • Nestled amidst the lush greenery of Kaua'i, The Royal Sonesta Kaua'i Resort Lihue is a Garden Island oasis.
  • Arcimoto Kauai is the fourth Arcimoto experience center, including Honolulu, Eugene, and San Diego, and the 14th Arcimoto rental location overall.

THE ROYAL SONESTA BRAND IS NOW AVAILABLE FOR FRANCHISING

Retrieved on: 
Tuesday, November 8, 2022
Environment, Travel, STR, The Clift Royal Sonesta Hotel, Collection, Hotel RL, Red Lion Hotels, Multimedia, STR, Inc, Hotel, Sonesta

NEWTON, Mass., Nov. 8, 2022 /PRNewswire/ -- Sonesta International Hotels Corporation (Sonesta) today announced that The Royal Sonesta brand is now available for franchising in the U.S. The Royal Sonesta is a collection of unique hotels in some of the world's most exciting travel destinations that now provides franchisees an Upper Upscale option perfect for city and leisure destinations. The Royal Sonesta franchise offering advances Sonesta's global development strategy by adding a high-end brand to Sonesta's franchise portfolio.

Key Points: 
  • NEWTON, Mass., Nov. 8, 2022 /PRNewswire/ -- Sonesta International Hotels Corporation (Sonesta) today announced that The Royal Sonesta brand is now available for franchising in the U.S.
  • The Royal Sonesta franchise offering advances Sonesta's global development strategy by adding a high-end brand to Sonesta's franchise portfolio.
  • Sonesta Chief Development Officer, Brian Quinn, said: "The introduction of The Royal Sonesta to our franchise portfolio marks a major step in Sonesta's evolution as an industry leader.
  • Sonesta owns, manages and/or franchises under The Royal Sonesta ; The James , Sonesta Hotels & Resorts ; S onesta Select ; Sonesta ES Suites , Sonesta Simply Suites and Sonesta Cruise Collection operating in Egypt, also; Sonesta Posadas del Inca ; Hotel RL ; Red Lion Hotels ; Red Lion Inn & Suites ; Signature Inn ; GuestHouse Extended Stay ; Americas Best Value Inn and Canadas Best Value Inn .

Sonesta Teams Up with Best Friends Animal Society to Support Saving Homeless Animals

Retrieved on: 
Monday, November 7, 2022
Best Friends Animal Society, The Clift Royal Sonesta Hotel, Animal, STR, Inc, STR, Hotel RL, Ginger, Collection, Commons, Pet, PETS, Red Lion Hotels, Friends, Travel, Select, Cat, Dog, PAWS, Program, Nightclub, Hotel, Sonesta

The collaboration with Best Friends Animal Society provides Sonesta with an opportunity to make a meaningful impact on companion animal welfare across the country.

Key Points: 
  • The collaboration with Best Friends Animal Society provides Sonesta with an opportunity to make a meaningful impact on companion animal welfare across the country.
  • Guests at Sonesta Select properties will have the opportunity to donate to Best Friends Animal Society at check-in via a QR code located on hotel key card sleeves.
  • The program is available across Sonesta's U.S. portfolio, including The Royal Sonesta , Sonesta Hotels & Resorts , Sonesta Select , Sonesta ES Suites and Sonesta Simply Suites .
  • There are more than 200 hotels managed by Sonesta under its Royal Sonesta ; Sonesta Hotels & Resorts ; Sonesta Select ; Sonesta ES Suites and Sonesta Simply Suites brands in the U.S. and Canada; and Sonesta Cruise Collection operating in Egypt.

Apartments.com Releases October 2022 Rent Growth Report

Retrieved on: 
Friday, November 4, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, CoStar Group, Research, TruAmerica Multifamily, Growth, Workflow, Map, LoopNet, Multimedia, STR, Database, Industry, TEN, National Directorate of Intelligence and Prevention Services, Marketing, Android, Homes.com, NASDAQ, IOS, Book, Sun Belt, Self storage, Lease, Cryptocurrency, Online shopping

Today, Apartments.com a CoStar Group company published an in-depth report of multifamily rent growth trends for October 2022 backed by analyst observations.

Key Points: 
  • Today, Apartments.com a CoStar Group company published an in-depth report of multifamily rent growth trends for October 2022 backed by analyst observations.
  • Now, only two markets in that region hold the top rent growth spots and five out of ten markets sit squarely in the Midwest and Gateway locations.
  • Additionally, the reversal of fortune for Sunbelt markets is illustrated clearly in the month over month rent growth chart.
  • When analyzing only year over year rent growth data, it gives the impression the multifamily market continues to perform meaningfully above historical averages and will provide property-level operations with solid revenue growth for 2022.

Wrkspot Offers Solutions to Hotels' Post-COVID-19 Challenges

Retrieved on: 
Wednesday, November 2, 2022
CEO, American Hotel, Housekeeping, GLOBE, STR, PMS, COVID-19, Bloomberg, Privacy, Safety, Maintenance, Compliance, Element, Walking, Communication, Epsilon, HRIS, Confusion, Paper, Association, Tourism, Risk management, Satellite navigation device

That combination indicates that hotels need a way to work more efficiently, said Raja Epsilon, founder and CEO of WrkSpot.

Key Points: 
  • That combination indicates that hotels need a way to work more efficiently, said Raja Epsilon, founder and CEO of WrkSpot.
  • Wrkspot also assists managers with hotel portfolio management, enabling them to see both individual hotels as well as patterns across properties.
  • WrkSpot goes beyond problem-specific solutions to handle the entirety of hotel operations, including labor management, in one integrated solution.
  • To learn more about how Wrkspot integrates and streamlines all aspects of hospitality management, visit wrkspot.com .

CoStar Group Breaks Ground on Campus Expansion in Richmond

Retrieved on: 
Tuesday, November 1, 2022
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Security (finance), Marketing, CoStar Group, Growth, Annual report, Population, Risk, Carbon footprint, U.S. Securities and Exchange Commission, News, Partnership, Richmond City Council, SEC, Research, STR, Database, Homes.com, Industry, City, Employment, LEED, Workflow, Technology, Cabinet Council on Commerce and Trade, Richmond Public Schools, Education, NASDAQ, Economic development, Company, Virginia Commonwealth University, Commerce, Multimedia, LoopNet, Management, Commonwealth

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today broke ground on its research and technology center expansion in Richmond, Virginia.

Key Points: 
  • CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today broke ground on its research and technology center expansion in Richmond, Virginia.
  • With the corporate campus expansion including two new buildings spanning 750,000 square feet, CoStar Group plans to introduce an additional 2,000 jobs to the area, specifically in research, technology, operations, software development, marketing and sales roles.
  • Once the site is fully complete, CoStar Group is poised to become the largest technology company and one of the largest private employers in Richmond.
  • The groundbreaking in Richmond builds on a remarkable year of growth at CoStar Group.