Tag Archives: Inc.

Host Hotels & Resorts Amends and Restates $2.5 Billion Credit Facility, Extends Maturities to 2028 and Adds Sustainability Incentives

Posted on by

BETHESDA, Md., 2023-Jan-06 — /Travel PR News/ — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today (Jan. 04, 2023) announced that it amended and restated its existing $2.5 billion credit facility (the “Agreement”). The Agreement extends maturities from January 2025 to January 2028, including all extension options, and… Read the full press release

Ford International Airport teams up with MEDC and Southwest Airlines to provide grants and testing opportunities to companies focused on air travel technology solutions

Posted on by

Partnership with MEDC, Southwest Airlines Provides Grants to Innovation-Driven Companies, Allowing Them to Test New Products, Services in Live Airport Environment Grand Rapids, Michigan, 2022-Jan-20 — /Travel PR News/ — With support from the Michigan Economic Development Corp. and Southwest Airlines, the Gerald R. Ford International Airport Authority has introduced the Ford Launchpad for Innovative Technologies and Entrepreneurship,… Read the full press release

Vail Resorts to purchase Seven Springs Mountain Resort in Pennsylvania

Posted on by

BROOMFIELD, Colo., 2021-Dec-12 — /Travel PR News/ — Vail Resorts, Inc. (NYSE: MTN) announced today (December 8, 2021) that it has entered into an agreement to purchase Seven Springs Mountain Resort in Pennsylvania from Seven Springs Mountain Resort, Inc. As a part of the acquisition, Vail Resorts will also acquire Hidden Valley Resort and the operations… Read the full press release

The SLS Hotel, a Luxury Collection Hotel, Beverly Hills unveils comprehensive redesign of rooms and guest experience ahead of its decade milestone

Posted on by

The August 2018 unveiling of the hotel’s reimagined aesthetic follows the debut of Somni—one of the most lauded restaurant openings of the year—and introduction of new guest programming LOS ANGELES, CA, 2018-Aug-17 — /Travel PR News/ — The SLS Hotel, a Luxury Collection Hotel, Beverly Hills announces the completion of a comprehensive redesign of the rooms… Read the full press release

Allegiant opens registration for Sunseeker Resort’s prospective condominium buyers

Posted on by
ALLEGIANT'S SEVEN YEAR ANNIVERSARY - PRESS CONFERENCE AND "PACK YOUR BAGS" FLYAWAY CONTEST

One-of-a-Kind Integrated Resort Opens Registration for Prospective Condominium Buyers LAS VEGAS, 2017-Nov-29 — /Travel PR News/ — Allegiant (NASDAQ: ALGT) today launches the first phase in development of its inaugural Sunseeker Resort by announcing the project’s design team, and officially opening registration for prospective condominium buyers. Design for the one-of-a-kind hotel/condo resort, located in Port Charlotte, Florida, will be helmed… Read the full press release

Host Hotels & Resorts, Inc. announces retirement of its EVP, Asset Management Minaz Abji effective April 30, 2017

Posted on by

BETHESDA, Md., 2017-Jan-17 — /Travel PR News/ — Host Hotels & Resorts, Inc. (NYSE:HST) (“Host Hotels” or the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced that Minaz Abji will retire as Executive Vice President, Asset Management, effective April 30, 2017. Mr. Abji will continue as a senior advisor to the… Read the full press release

Chinese group HNA Tourism Group Co, Ltd. completes the purchase of Carlson Hotels Inc. from Carlson Hospitality Group, Inc.

Posted on by

Chinese group HNA Tourism Group Co, Ltd. completes the purchase of Carlson Hotels Inc. from Carlson Hospitality Group, Inc.   BRUSSELS, Belgium, 2016-Dec-13 — /Travel PR News/ — Today (07 Dec 2016), the Chinese group HNA Tourism Group Co, Ltd. (“HNA”) announced the successful completion of its purchase of Carlson Hotels Inc. from Carlson Hospitality Group,… Read the full press release

Starwood announces strong continued growth in North America; signs 92 new hotel deals in 2015

Posted on by

Company Achieves 5th Consecutive Year of Increased Signings in North America with 92 New Deals Surpasses 600th Hotel Milestone with 43 New Openings in 2015 STAMFORD, Conn., 2016-Jan-29 — /Travel PR News/ — From the 2016 American Lodging Investment Summit in Los Angeles, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced strong continued growth inNorth America, following its… Read the full press release

Rosewood Little Dix Bay resort to begin extensive refurbishment on May 1, 2016

Posted on by

Legendary Caribbean resort to close for 18 months for an extensive refurbishment Virgin Gorda, British Virgin Islands, 2016-Jan-21 — /Travel PR News/ — The legendary Rosewood Little Dix Bay resort will begin a complete renovation on May 1, 2016, signifying the most substantial beautification project since it was founded by Laurance S. Rockefeller over 50… Read the full press release

Blackstone Real Estate Partners VIII L.P. to acquire all outstanding shares of common stock of Strategic Hotels & Resorts, Inc. for $6 billion

Posted on by

CHICAGO, 2015-9-11 — /Travel PR News/ — Strategic Hotels & Resorts, Inc.(NYSE: BEE) (“the Company”) today announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII L.P., under which Blackstone will acquire all outstanding shares of common stock of Strategic Hotels & Resorts, Inc., for $14.25 per share… Read the full press release

Starwood Hotels & Resorts Worldwide, Inc. enters Romania with the opening of the Sheraton® Bucharest Hotel

Posted on by

Located in the Dynamic Capital of Romania, Sheraton Bucharest Hotel Marks First Entry by Starwood in the Country and Continues Rapid Sheraton Growth BUCHAREST, Romania, 2015-9-1 — /Travel PR News/ — Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced its market entry in Romania with the opening of the Sheraton® Bucharest Hotel, centrally located in one… Read the full press release

New art exhibit on human trafficking Freedom Expressions ATL launches at Hartsfield-Jackson Atlanta International Airport

Posted on by

ATLANTA, 2015-5-22 — /Travel PR News/ — Freedom Expressions ATL, an exhibit on human trafficking, will showcase professional artwork in the Atrium May 22 through July 22; student exhibit on Concourse E starts June 5. WHO: Miguel Southwell, Aviation General Manager George Turner, Chief, Atlanta Police Department Deborah Richardson, Executive Vice President of The National… Read the full press release

The Chicago Department of Aviation celebrates “Earth Week” with the installation of garden exhibits at O’Hare International Airport

Posted on by

CHICAGO, 2015-4-22 — /Travel PR News/ — The Chicago Department of Aviation (CDA), in collaboration with the Flower Show Productions, Inc., is celebrating “Earth Week” with the installation of garden exhibits at O’Hare International Airport. The exhibits add beauty and color to the airport terminals while helping to promote several Chicagoland nonprofit organizations that are working… Read the full press release

Philippine Airlines (PAL) awarded its two-year base maintenance services for its Airbus fleet to Lufthansa Technik Philippines, Inc. (LTP)

Posted on by

MANILA, Philippines, 2015-3-12 — /Travel PR News/ — Philippine Airlines (PAL) recently awarded its two-year base maintenance services for its Airbus fleet to Lufthansa Technik Philippines, Inc. (LTP) LTP will handle all heavy maintenance visits for the A320s, A321s, A330s and A340s of PAL for calendar years 2015 and 2016. LTP is also the line… Read the full press release

Autograph Collection announces the next addition to its desirable Collection, Triada Palm Springs, a historic Hollywood hotel

Posted on by

Discerning collection of independent hotels welcomes historic Hollywood hotel Bethesda, Md., 2015-3-12 — /Travel PR News/ — Autograph Collection, Marriott International’s distinctive portfolio of high personality, one-of-a-kind independent hotels, is delighted to announce the next addition to its desirable Collection, Triada Palm Springs. An iconic property rich with local and Hollywood history, Triada Palm Springs… Read the full press release

oneworld presented with Airline Alliance On-Time Performance Service Award for 2014 by FlightStats, Inc.

Posted on by

NEW YORK, NY, 2015-1-28 — /Travel PR News/ — oneworld® is the best alliance for on-time flights, according to FlightStats, Inc., the leading airline industry data services and solutions technology company, which today presented oneworld with its Airline Alliance On-Time Performance Service Award for 2014. It is the second time running that oneworld has been confirmed… Read the full press release

Marriott International, Inc. to report fourth quarter 2014 earnings results on February 18, 2015

Posted on by

Bethesda, Md., 2015-1-6 — /Travel PR News/ — Marriott International, Inc. (NASDAQ: MAR) will report fourth quarter 2014 earnings results on Wednesday, February 18, 2015, at approximately 5:00 pm Eastern Time (ET).  The company will hold a conference call for the investment community to discuss its fourth quarter 2014 earnings on Thursday, February 19, 2015 at 10… Read the full press release

Marriott International, Inc. opens the AC Hotel New Orleans Bourbon celebrating the official entrée of AC Hotels by Marriott into North America

Posted on by

Boutique hotel brand celebrates U.S. debut in historic Cotton Exchange building in New Orleans New Orleans, Louisiana, 2014-12-8 — /Travel PR News/ — Marriott International, Inc. (NASDAQ: MAR) announced today the opening of the AC Hotel New Orleans Bourbon, celebrating the official entrée of AC Hotels by Marriott into North America.  Originally founded in 1998 by renowned Spanish hotelier… Read the full press release

Beechcraft Corporation’s Hawker 400XPR winglet completes testing and certification

Posted on by

ORLANDO, Fla., 2014-10-27 — /Travel PR News/ — Beechcraft Corporation, a subsidiary of Textron Aviation, Inc., a Textron Inc. (NYSE:TXT) company, announced today at the National Business Aviation Association (NBAA) Convention & Exhibition in Orlando that its Hawker 400XPR winglet testing and certification is complete. Genuine Hawker Winglets are now available for installation on Beechjet 400A… Read the full press release

Alaska Air Group, Inc. to announce its third quarter 2014 financial results on Thursday, Oct. 23, 2014

Posted on by

SEATTLE, 2014-10-10 — /Travel PR News/ — Alaska Air Group, Inc. (NYSE: ALK), the parent company of Alaska Airlines, Inc., and Horizon Air Industries, Inc., will announce its third quarter 2014 financial results on Thursday, Oct. 23, 2014. A conference call is scheduled at 8:30 a.m. Pacific time/11:30 a.m. Eastern time. Interested parties may listen to… Read the full press release

Marriott International, Inc. appoints Julius Robinson as VP for the Autograph Collection

Posted on by

Bethesda, Md., 2014-10-7 — /Travel PR News/ — Marriott International, Inc. (NASDAQ: MAR) announced today the appointment of Julius Robinson to vice president for the Autograph Collection, the company’s exclusive portfolio of independent hotels. In his role, Julius’s leadership will drive, define and execute global strategy for Autograph Collection. He will also play an integral role… Read the full press release

Hyatt Hotels Corporation and Prospera Hotels, Inc. announce the opening of Hyatt Place at Anaheim Resort/Convention Center in California

Posted on by

The 178-room Hyatt Place hotel is located within walking distance of the Disneyland® Resort Parks and Anaheim Convention Center in Anaheim, Calif. CHICAGO, 2014-9-24 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) and Prospera Hotels, Inc. today announce the opening of Hyatt Place at Anaheim Resort/Convention Center, marking the return of the Hyatt brand to… Read the full press release

Marriott International, Inc. launches series of educational initiatives to accelerate China’s progress toward building a knowledge-based economy

Posted on by

Marriott joins forces with 100 Chinese colleges to offer over 20,000 hospitality training opportunities in the next four years    Tianjin, China, 2014-9-15 — /Travel PR News/ — Today at the World Economic Forum’s Summer Davos Forum in Tianjin, Marriott International, Inc., a world-leading hotel group with over 70 properties in China, announced it has launched… Read the full press release

Marriott International, Inc. announces the appointment of Toni Stoeckl as VP of Lifestyle Brands

Posted on by

Expanded role to include Renaissance Hotels, AC Hotels by Marriott and Moxy Hotels Bethesda, Md., 2014-9-15 — /Travel PR News/ — Marriott International, Inc. (NASDAQ: MAR) announced today the appointment of Toni Stoeckl  to Vice President of Lifestyle Brands including global responsibility for Renaissance Hotels, AC Hotels by Marriott and Moxy Hotels. Toni previously served… Read the full press release

Marriott International, Inc. to host live webcast of its upcoming Security Analyst Meeting on September 8, 2014

Posted on by

Bethesda, Md., 2014-9-5 — /Travel PR News/ — Marriott International, Inc. (NASDAQ: MAR) announced today it will provide a live webcast of its upcoming Security Analyst Meeting.  The webcast will be available on Monday, September 8, 2014 from approximately 10:00 am to 3:30 pm Eastern Time (EDT). Topics to be discussed at the meeting will include the strength… Read the full press release

Renaissance Hotels debuts its second hotel in Beijing with the introduction of the 329-room Renaissance Beijing Wangfujing

Posted on by

Renaissance Hotels opens second gem in Beijing with stylish address overlooking Forbidden City on historic Wangfujing Street Beijing, China, 2014-9-5 — /Travel PR News/ — Renaissance Hotels (www.renhotels.com), a hotel brand known for inspiring its guests to Live Life to Discover®, proudly debuts its second hotel in Beijing with the introduction of the 329-room Renaissance Beijing Wangfujing…. Read the full press release

Alaska Air Group, Inc. to webcast its presentation at the Cowen Securities Seventh Annual Global Transportation Conference on September 3, 2014

Posted on by

SEATTLE, 2014-9-1 — /Travel PR News/ — Alaska Air Group, Inc. (NYSE: ALK), the parent company of Alaska Airlines, Inc. and Horizon Air Industries, Inc., today announced it will webcast a presentation by Brandon Pedersen, Alaska’s executive vice president, finance and chief financial officer, at the Cowen Securities Seventh Annual Global Transportation Conference on Wednesday, September… Read the full press release

Marriott International, Inc. opens 150-room JW Marriott Santo Domingo

Posted on by

Santo Domingo, Dominican Republic, 2014-8-29 — /Travel PR News/ — Marriott International, Inc. (NASDAQ:MAR) continues to grow its world-class luxury JW Marriott hotel brand with the opening of the 150-room JW Marriott Santo Domingo. The grand opening celebration took place today in Santo Domingo and was graced with the presence of President Danilo Medina, Minister of Tourism Francisco… Read the full press release

Marriott International, Inc. plans to open second hotel in Belarus under franchise agreement with Vienna International Hotelmanagement AG

Posted on by

Brand new Marriott Minsk Hotel set to open in 2015 London, 2014-8-19 — /Travel PR News/ — Marriott International, Inc. (NASDAQ:MAR) is expanding in Belarus with plans to open a second hotel in the country.  The 220-room Marriott Minsk Hotel is expected to open in early 2015 and will operate under a franchise agreement with Vienna International Hotelmanagement… Read the full press release

Alaska Air Group, Inc. reports GAAP net income of $165 million on its 2014 second quarter

Posted on by

Financial Highlights:  Reported record second quarter net income, excluding special items, of $157 million – a 50% increase over the second quarter of 2013. Reported adjusted earnings per share of $1.13 per diluted share, a 53% increase over the second quarter of 2013 and ahead of First Call analyst consensus estimate of $1.11 per share…. Read the full press release