HYATT

Hyatt Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 9, 2024
Vacation, Other Travel, Lodging, Destinations, Travel, Sale, Investment, Super Bowl, National Stock Exchange, RevPAR, Class, Bowl game, IPO, Tax, Share repurchase, Marketing, Adjustment, Bombay Stock Exchange, San Antonio River Walk

Owned and leased: Adjusted EBITDA in the first quarter decreased by 9% compared to the first quarter of 2023, when adjusted for asset dispositions.

Key Points: 
  • Owned and leased: Adjusted EBITDA in the first quarter decreased by 9% compared to the first quarter of 2023, when adjusted for asset dispositions.
  • The Company entered into long-term management agreements for Park Hyatt Zurich and Hyatt Regency San Antonio Riverwalk, and a long-term franchise agreement for Hyatt Regency Green Bay.
  • The Company's board of directors has declared a cash dividend of $0.15 per share for the second quarter of 2024.
  • The Company is providing the following outlook for the 2024 fiscal year reflecting the sales of Park Hyatt Zurich, Hyatt Regency San Antonio Riverwalk, Hyatt Regency Green Bay, and the UVC Transaction.

Chatham Lodging Trust Announces First Quarter 2024 Results

Retrieved on: 
Monday, May 6, 2024
Professional Services, Other Travel, Other Construction & Property, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Travel, Other Professional Services, REIT, Finance, Consulting, Public expenditure, Capital One, Residence Inn by Marriott, Homewood Suites by Hilton, Investment, Trustee, Security (finance)

During the 2024 first quarter, the company incurred capital expenditures of $10 million.

Key Points: 
  • During the 2024 first quarter, the company incurred capital expenditures of $10 million.
  • No renovations are planned for the 2024 second quarter.
  • During the first quarter, Chatham used free cash flow to reduce its net debt by approximately $6 million.
  • As of March 31, 2024, the company had net debt of $412 million (total consolidated debt less unrestricted cash).

Silanna UV at 2024 IUVA Americas: Launches Innovative UVC Proximity Exposure Module

Retrieved on: 
Tuesday, May 7, 2024
Public, Drinking water, Heart, Infection, Conference, Water, COD, LED, UVC, NO3, Atmosphere, UV, Air pollution, Sewage treatment

BRISBANE, Australia, May 7, 2024 /PRNewswire/ -- Silanna UV will launch its latest Far-UVC Proximity Exposure Module at the 2024 International Ultraviolet Association (IUVA) Americas Conference in Florida this May. The event takes place from May 20 to 22, 2024, at the Hyatt Regency in Orlando, Florida, USA. Visitors can find Silanna UV at booth 107, where the company will showcase its latest Deep-UVC LED and Far-UVC LED technology.

Key Points: 
  • BRISBANE, Australia, May 7, 2024 /PRNewswire/ -- Silanna UV will launch its latest Far-UVC Proximity Exposure Module at the 2024 International Ultraviolet Association (IUVA) Americas Conference in Florida this May.
  • Silanna UV is unveiling a new Far-UVC Proximity Exposure Module.
  • This Far-UVC Proximity Exposure Module's innovative design includes active cooling and a UVC silica window that ensures uniform light distribution while preventing contamination.
  • Join Silanna UV at the 2024 IUVA Americas Conference to explore the future of ultraviolet technology and witness the unveiling of Silanna UV's new 235nm UVC Proximity Exposure Module – an evolutionary step forward in the fight against the spread of infectious diseases.

Global Travel Collection Travel Advisors Share Their Top Tips for a Paris Vacation

Retrieved on: 
Monday, May 6, 2024
Mont Blanc, Rosewood, Summer, GTC, Travel, World War II, Mercure (hotel), Tourism, Arc, Collection, Eiffel, Hôtel Ritz Paris, History, Summer Games, Eiffel Tower, La Samaritaine, Painting, Mizrachi, Museum, Growth

NEW YORK, May 6, 2024 /PRNewswire/ -- Paris is always a popular vacation destination, and the city will be even busier this year as the host of the Summer Games. The city experienced an 8% growth in the number of hotel nights booked by Global Travel Collection advisors during the Game dates in comparison to  to last year, resulting in an estimated additional $4 million in hotel sales. And France is ranked third (behind Japan and Italy) in top-selling destinations outside of the U.S. also based on bookings by Global Travel Collection advisors in 2024.

Key Points: 
  • "The global sports tourism market is experiencing robust growth, reflecting an expanding interest in sports-related travel," said Angie Licea, President of Global Travel Collection.
  • Global Travel Collection (GTC), which represents the most sophisticated community of premier travel agencies worldwide, surveyed its luxury travel advisors for their expert advice on where to stay and what to see in Paris while avoiding the crowds.
  • It's never too late to plan a trip when using a travel advisor, said Barbara Khan , a Global Travel Collection travel advisor.
  • Those looking to partner with a travel advisor for crafting the perfect travel journey can visit Global Travel Collection, Find a Travel Advisor .

Selina Welcomes Top-tier Operations and Commercial Leaders to Its Team

Retrieved on: 
Thursday, May 2, 2024
Millennials, Lodging, Destinations, Travel, Vacation, Consumer, Generation Z, Tourist Attractions, Central Reservations, Hospitality, Booking.com, Commercial, City, Marketing, Aimbridge Hospitality, Country, Gen, SLNA, Marriott International, Mickey, Data analysis, Season, Rosewood Hotel Group, Strategic planning, Hotel

These new leaders bring a wealth of experience from renowned hospitality brands and a fresh perspective to Selina's operations and commercial endeavors.

Key Points: 
  • These new leaders bring a wealth of experience from renowned hospitality brands and a fresh perspective to Selina's operations and commercial endeavors.
  • Gadi Hassin, Chief Operating Officer of Selina, expressed his enthusiasm for the new additions to the team, stating, "We are pleased and excited to add strength and depth to our leadership team with these exceptional and experienced hospitality leaders.
  • Already, we are seeing positive signs of progress as they bring their diverse expertise to drive Selina forward."
  • With these appointments and replacements, Selina fulfills its vision of bringing seasoned and experienced hospitality leaders to reach Selina’s goal of operational excellence and its path to profitability.

Cybertrol Engineering Wins Rockwell Automation PartnerNetwork™ System Integrator Innovation Award for University Boiler System Modernization

Retrieved on: 
Tuesday, April 30, 2024
Ecosystem, Partnership, Conference, Risk management, Locator, DCS, Rockwell Automation, PLC, Organization, Engineering

MINNEAPOLIS, April 30, 2024 /PRNewswire-PRWeb/ -- Cybertrol Engineering, a Rockwell Automation PartnerNetwork Gold System Integrator and industry-leading provider of plantwide automation systems and information solutions, today announced its recognition as a repeat recipient of a Rockwell Automation PartnerNetwork™ Award, having won the inaugural Sustainability Award in 2023, and this year winning the System Integrator Innovation Award, presented during the 2024 PartnerNetwork Conference, an invitation-only event, held March 18-21 at the Hyatt Regency in Orlando, FL.

Key Points: 
  • Cybertrol Engineering wins the Rockwell Automation PartnerNetwork System Integrator Innovation Award in collaboration with Van Meter Inc., for its role in a critical infrastructure upgrade project focused on server and network modernization for a boiler system at a Midwest university.
  • MINNEAPOLIS, April 30, 2024 /PRNewswire-PRWeb/ -- Cybertrol Engineering , a Rockwell Automation PartnerNetwork Gold System Integrator and industry-leading provider of plantwide automation systems and information solutions, today announced its recognition as a repeat recipient of a Rockwell Automation PartnerNetwork™ Award, having won the inaugural Sustainability Award in 2023 , and this year winning the System Integrator Innovation Award, presented during the 2024 PartnerNetwork Conference , an invitation-only event, held March 18-21 at the Hyatt Regency in Orlando, FL.
  • The Rockwell Automation PartnerNetwork Innovation Awards celebrate the achievements of organizations that have successfully planned and executed innovative and transformational solutions through the application of Rockwell Automation and other partners' technologies.
  • See Cybertrol's profile on the Rockwell Automation Partner Locator to learn more about their capabilities, or visit the Cybertrol Engineering website .

Poly Auction Hong Kong Spring Auctions 2024 Officially Concludes

Retrieved on: 
Friday, May 3, 2024
Stellar, Emerald, Diamond, Tao, Ceramic, Painting, KONG, Flower, Diamond ring, Shade, Nintendo, Chronograph, Rolex, Clock, Song dynasty, Yuan, Zun, Works, Buddhist art, Untitled, Palace Museum, Daytona, Nata, Literature, Attention, Yuan dynasty, Running, GIA, Highlight, Patek Philippe, Collection, Tsuguharu Foujita, Handbag, Ruby, Buddhism, Platinum, Sale, Lead, Tea, Moon, Nautilus, Jadeite, Palace, Tree, FRP, Ge, Tang, HKD, Auction

HONG KONG SAR - Media OutReach Newswire - 12 April 2024 - On April 9, Poly Auction Hong Kong Spring Auctions 2024 successfully concluded at the Grand Hyatt Hotel in Hong Kong.

Key Points: 
  • HONG KONG SAR - Media OutReach Newswire - 12 April 2024 - On April 9, Poly Auction Hong Kong Spring Auctions 2024 successfully concluded at the Grand Hyatt Hotel in Hong Kong.
  • This Spring, Poly Auction Hong Kong again hosted the Masterpieces Appreciation and Guided Tours.
  • Furthermore, Poly Auction Hong Kong collaborated with well-known institutions and industry professionals on the Masterpieces Appreciation and Guided Tours this season.
  • Poly Auction Hong Kong's Modern and Contemporary Art sale this spring achieved a strong sell-through rate of approximately 92% by lot and realized over 6.782 million.

PROCEPT BioRobotics Announces 12 Scientific Research Presentations on Aquablation Therapy for the Treatment of Benign Prostatic Hyperplasia at the 2024 AUA Annual Meeting

Retrieved on: 
Tuesday, April 23, 2024
Urology, Safety, American Urological Association, Abstract, ASC, LUTS, Surgeon, TURP, Patient, AMVETS, SDD, AUA, Robotics, Biorobotics, Health, USAV, Clinical trial, SAN, BPH

PROCEPT BioRobotics is exhibiting at booth #1429 and will be conducting hands-on workshops and surgeon presentations throughout the meeting.

Key Points: 
  • PROCEPT BioRobotics is exhibiting at booth #1429 and will be conducting hands-on workshops and surgeon presentations throughout the meeting.
  • “The growing body of real-world clinical evidence on Aquablation therapy is reflected by the extensive range of presentations being showcased at the AUA,” said Reza Zadno, CEO of PROCEPT BioRobotics.
  • The continued momentum and interest in Aquablation therapy are a testament to our unwavering commitment to advancing innovative, safe and effective treatment options for patients.”
    Registered attendees can access the full list of Aquablation therapy presentations here.
  • PROCEPT BioRobotics will sponsor additional satellite events during AUA at both the Henry B. Gonzalez Convention Center and off-site, including:

Final Day of Questex’s IHIF EMEA 2024 offers a positive outlook for the future of hospitality investment, with strong focus on European partnerships

Retrieved on: 
Wednesday, April 17, 2024
Education, Hospitality, International Society, Booking.com, MOU, Interview, Investment, AI, Travel, ISHC, Region, Partnership, Resort, TDF, Conference, Development, Swift, Tourism, Roommate, GHA, Felicity, Resorts International, Starwood, Young, Hotel

Following the breakout sessions and roundtables, the general session delved into the power of partnerships, featuring discussions with GHA, Radisson, and Booking.com.

Key Points: 
  • Following the breakout sessions and roundtables, the general session delved into the power of partnerships, featuring discussions with GHA, Radisson, and Booking.com.
  • “This is a turning point for ITHIC and, ideally, for the Italian hospitality development landscape of the next years.
  • The signing took place on 17th April at the International Hospitality Investment Forum (IHIF) in Berlin.
  • [ Press release ]
    For more information about IHIF EMEA 2024 and to register for the event, visit IHIF EMEA website .

World-Class Experts in Hospitality Investment Take the Stage at Questex’s IHIF EMEA 2024

Retrieved on: 
Monday, April 15, 2024
Hospitality, Radisson Hotels, Grand Metropolitan, Risk, Travel, InterContinental, Global Hotel Alliance, GHA, Optimism, HSBC, IHG Hotels & Resorts, Mate, Accor, Hotel

LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) commenced with presentations from world-class experts in hospitality investment.

Key Points: 
  • LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) commenced with presentations from world-class experts in hospitality investment.
  • The event takes place at the InterContinental and Pullman hotels in Berlin through 17 April 2024.
  • With over 2,500 attendees attending IHIF EMEA 2024, it is one of the largest gatherings of industry professionals in the region.
  • [ Press release ]
    For more information about IHIF EMEA 2024 and to register for the event, visit IHIF EMEA website .