Lodging

New Survey From Propel Software Confirms Trend That Americans Are Severing Relationships With Companies That Aren’t Prioritizing Sustainability

Retrieved on: 
Tuesday, April 9, 2024

It also found that 44% feel more emotionally invested in companies that follow/demonstrate sustainable business practices .

Key Points: 
  • It also found that 44% feel more emotionally invested in companies that follow/demonstrate sustainable business practices .
  • The poll of 2,000 U.S. adults revealed that Americans will spend 33% more on green products in 2024 than in 2023.
  • “Transparency is important to consumers, and brands should take note if they want customers to continue to be brand loyal.
  • The majority of respondents (65%) say they will look for environmental claims when making a purchase,” said Ross Meyercord, CEO of Propel Software.

Sensible Weather Announces Collective Hill Country as First Partner to Offer High Temperature Weather Guarantee

Retrieved on: 
Tuesday, April 9, 2024

Sensible Weather , the leading weather protection provider for travel and outdoor experiences, announces its first partner offering Weather Guarantees protecting against high heat: Collective Hill Country , the luxury outdoor retreat in Texas, overlooking Montesino Ranch.

Key Points: 
  • Sensible Weather , the leading weather protection provider for travel and outdoor experiences, announces its first partner offering Weather Guarantees protecting against high heat: Collective Hill Country , the luxury outdoor retreat in Texas, overlooking Montesino Ranch.
  • Sensible first launched its Weather Guarantee in 2021 to protect businesses and consumers against the impact of rain on outdoor activities and experiences.
  • Already offering Sensible’s Weather Guarantee for rain at select properties, the company has begun rolling out high-temperature protection, starting with Collective Hill Country in Wimberley, TX.
  • Guests can add a Weather Guarantee for high temperatures before they check in at the Hill Country retreat, the first property to offer this to guests.

The St. Joe Company and InterMountain Management, LLC Announce the Opening of the 121-Suite Residence Inn by Marriott® Panama City Beach Pier Park

Retrieved on: 
Tuesday, April 9, 2024

Joe”) and InterMountain Management, LLC (“InterMountain”) announce the opening of the 121-suite Residence Inn by Marriott Panama City Beach Pier Park (“Residence Inn”).

Key Points: 
  • Joe”) and InterMountain Management, LLC (“InterMountain”) announce the opening of the 121-suite Residence Inn by Marriott Panama City Beach Pier Park (“Residence Inn”).
  • The hotel is located at 15900 Panama City Beach Parkway, Panama City Beach, FL 32413 in the popular Pier Park® shopping and entertainment district.
  • Residence Inn is the second extended-stay hotel in Panama City Beach owned by a partnership of St. Joe and InterMountain, preceded by the 124-suite TownePlace Suites by Marriott® Panama City Beach Pier Park (“TownePlace Suites”).
  • "InterMountain is excited to open another hotel in Panama City Beach with our partners at The St. Joe Company," stated Dewey Weaver, Owner of InterMountain.

RobotLAB Announces Partnership With Cleaning Robot Innovators LionsBot International

Retrieved on: 
Tuesday, April 9, 2024

Under the agreement, RobotLAB will add LionsBot’s R3 and R12 product lines to its robust robot portfolio, which includes more than 800 cleaning, delivery, education and hospitality robots.

Key Points: 
  • Under the agreement, RobotLAB will add LionsBot’s R3 and R12 product lines to its robust robot portfolio, which includes more than 800 cleaning, delivery, education and hospitality robots.
  • View the full release here: https://www.businesswire.com/news/home/20240409234524/en/
    RobotLAB Partners with LionsBot to Increase Accessibility of Professional-Grade Cleaning Robots (Photo: Business Wire)
    “We are thrilled to partner with LionsBot International, an award-winning manufacturer that shares our dedication to robotics innovation and automation,” said Elad Inbar, Founder and CEO of RobotLAB.
  • Its science-backed robots redefine cleaning with measurable proof of performance and boost cleaning efficiency, productivity and effectiveness.
  • With AI-driven automated technology, LionsBot robots offer cleaning solutions that support healthier spaces for building occupants and safer work for cleaners.

Peachtree Group Expands Executive Team with New Elevations

Retrieved on: 
Monday, April 8, 2024

Peachtree Group ("Peachtree") announced the elevation of three senior executives, expanding their roles to strengthen the firm’s executive leadership team.

Key Points: 
  • Peachtree Group ("Peachtree") announced the elevation of three senior executives, expanding their roles to strengthen the firm’s executive leadership team.
  • The promotions include Michael Harper to president of hotel lending, Jared Schlosser to executive vice president of hotel lending and head of CPACE and Michael Ritz to executive vice president of investments.
  • View the full release here: https://www.businesswire.com/news/home/20240408928597/en/
    Peachtree Group ("Peachtree") announced the elevation of three senior executives, expanding their roles to strengthen the firm’s executive leadership team.
  • The promotions include Michael Harper (pictured) to president of hotel lending, Jared Schlosser to executive vice president of hotel lending and head of CPACE and Michael Ritz to executive vice president of investments.

Hilton Grand Vacations Successfully Reprices Term Loan B

Retrieved on: 
Monday, April 8, 2024

Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028.

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful re-pricing of its existing $1.3 billion Term Loan B, maturing Aug. 2, 2028.
  • The new pricing will be SOFR plus 250 basis points, down from SOFR plus 275 basis points.
  • Additionally, the credit spread adjustment for the Term Loan B has been removed.
  • “We’re pleased with the solid execution, lowering our pricing by 25 basis points and removing the credit spread adjustment,” said Dan Mathewes, president and chief financial officer of Hilton Grand Vacations.

HARIBO Celebrates National Unicorn Day with ‘Treat Retreat’ Overnight Stay for Fans in New York City

Retrieved on: 
Monday, April 8, 2024

HARIBO, America’s #1 gummi brand, is celebrating its brand-new Unicorn-i-licious gummies by offering fans a one-of-a-kind, overnight experience in the heart of New York City’s Soho neighborhood.

Key Points: 
  • HARIBO, America’s #1 gummi brand, is celebrating its brand-new Unicorn-i-licious gummies by offering fans a one-of-a-kind, overnight experience in the heart of New York City’s Soho neighborhood.
  • View the full release here: https://www.businesswire.com/news/home/20240408519301/en/
    A ball pit filled with more than 1,000 plush unicorn stuffed animals is featured in the HARIBO Unicorn-i-licious Treat Retreat.
  • ET on Tuesday, April 9 (National Unicorn Day).
  • For more information on HARIBO and the Treat Retreat, visit haribo.com and follow along at @HARIBOUSA on Instagram.

Cedar Fair to Announce 2024 First Quarter Results on May 9th; Earnings Call Starts at 10 AM EDT

Retrieved on: 
Tuesday, April 9, 2024

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2024 first-quarter financial results in the pre-market hours of Thursday, May 9, 2024.

Key Points: 
  • Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2024 first-quarter financial results in the pre-market hours of Thursday, May 9, 2024.
  • Later that morning, Cedar Fair management will host a conference call with the investment community, starting at 10 a.m. EDT, to provide additional details regarding 2024 first-quarter results and discuss the Company’s business outlook.
  • Participants on the call will include Cedar Fair CEO Richard Zimmerman, CFO Brian Witherow, and Corporate Director of Investor Relations Michael Russell.
  • Investors and all other interested parties can access a live, listen-only audio webcast of the call on Cedar Fair’s investor site https://ir.cedarfair.com under the tabs Investor Information / Events & Presentations / Upcoming Events.

Trinity Investments and Partners Group Acquire The Scottsdale Plaza Resort & Villas

Retrieved on: 
Monday, April 8, 2024

A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.

Key Points: 
  • A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.
  • The Scottsdale Plaza Resort & Villas features 404 rooms spread across the central hotel and surrounding villa suites, as well as 50,000 square feet of meeting space.
  • “The Scottsdale Plaza Resort & Villas is a prime example of an excellent property coming to market in need of a significant capital investment from a partnership like Trinity and Partners Group that can deliver a development plan for future growth,” said Sean Hehir, Managing Partner, President, and CEO of Trinity.
  • “Trinity has been an excellent partner in creating, managing and delivering additional value on our joint investments,” said Jason Longo, Senior Investment Leader, Partners Group.

WorldVue Announces Chris Coles as Chief Business Development Officer

Retrieved on: 
Tuesday, April 9, 2024

WorldVue® , the trusted provider of video, digital infrastructure, wireless connectivity, and professional services to guest-centric properties worldwide, announced the appointment of Chris Coles as Chief Business Development Officer.

Key Points: 
  • WorldVue® , the trusted provider of video, digital infrastructure, wireless connectivity, and professional services to guest-centric properties worldwide, announced the appointment of Chris Coles as Chief Business Development Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240404863536/en/
    WorldVue Announces Chris Coles as Chief Business Development Officer (Photo: Business Wire)
    Coles’ visionary approach places innovation at the core, targeting enhancements in network services, business models and applications.
  • "The past year has marked a period of remarkable growth and achievements for WorldVue, and welcoming Chris to the team brings a new level of expertise and perspective to our global initiatives,” said Robert Grosz, President and Chief Operating Officer, WorldVue.
  • I’m honored to join the team and further support the company’s mission of providing cutting-edge technology to valued customers worldwide,” said Coles, Chief Business Development Officer.