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asianhospitality

Websrefresh wins Lawyer International award - 0 views

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    HOTEL WEB SOLUTIONS provider Websrefresh recently received the Lawyer International Award for Best Web Design & Web Development Company of the Year for Arizona. The U.K.-based Lawyer International recognizes firms and individuals globally based on their individual areas of specialization within their geographical location. Recipients of the awards are judged by a panel of in-house counsel in the banking and private equity sectors along with public and private corporations, according to Lawyer International's website. Criteria include client retention, speed of response and assistance, and the ability to navigate complex situations while ensuring that clients are not concerned about or unsure of the outcome. "The winners, quite simply, represent those firms and individuals that are instrumental to the businesses that engage them, thus ensuring a swift, positive outcome is always achieved," Lawyer International said on its website. "These firms and individuals continually go above and beyond, always providing a high degree of demonstrable evidence which is consistent with positive comments from both clients and peers."
John john

What to Look For In a Private Jet Chartering Firm - 0 views

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    Are you interested in chartering a private jet? If that's the case, you are positively not alone. Annually, a large number of people make the choice to charter a non-public jet. As the popularity of private jet charters continues to extend, so does the variety of private jet chartering companies. While that is good, because it gives you a wider selection of firms to choose from, it will possibly make choosing a company more difficult.
asianhospitality

Prigmore Joins The Board For Castell Project - 0 views

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    Tracy Prigmore is the new member of the board of directors for the Castell Project, a not-for-profit that promotes women in the hospitality industry. She is the founder of real estate and development firm TLTsolutions. In 2019, Prigmore began "She Has A Deal," a competition designed to increase hotel ownership and development by women by providing education, networking and investing opportunities. The competition's pitch challenge creates a network of women hotel owners and developers. Vinay Patel, AAHOA vice chairman and president of Fairbrook Hotels in Chantilly, Virginia, is on the advisory board for "She Has a Deal." Prigmore expanded TLTsolutions in 2014 to invest in residential, multifamily and hospitality projects that allowed individuals, families and entities to obtain passive income through investing. The firm has assets in four states. Previously, Prigmore held executive positions in the healthcare industry.
asianhospitality

Eisemann is Noble Investment Group's senior advisor - 0 views

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    Joel Eisemann is now the senior advisor of real estate investment managing firm Noble Investment Group, the company said in a statement. Previously he was chief development officer for the Americas for IHG Hotels & Resorts. He will work with the Noble team to develop and scale the company's investment strategies as the firm continues the meaningful growth of its platform that serves institutional investors around the world, the statement added. Eisemann was with IHG for the past 11 years and retired last year. Under his leadership, IHG launched five new brands in the Americas and grew to approximately 5,000 hotels open and in the pipeline.
asianhospitality

FreedomPay: Virdee ,Contactless check-in technology firm, integrates - 0 views

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    CONTACTLESS CHECK-IN TECHNOLOGY firm Virdee is now integrated with commerce technology platform FreedomPay. The companies will offer a PCI-validated, point-to-point encryption solution with EMV, NFC, currency conversion and real-time data capabilities. The transition will help Virdee to offer end-to-end protection for credit card payments made through FreedomPay's cloud-based payments platform. It also provided FreedomPay compatibility with Virdee's check-in/check-out process with software for identity verification, payment collection, access control and remote support, according to Virdee. "Our integration with Virdee offers our customers expanded options, flexibility and, most important, security," said Chris Kronenthal, president of FreedomPay. "We help streamline and simplify complex payment options, while providing a single flow of data to facilitate consumer insights and engagement for our hotel clients. We're proud to partner with best-in-class solution providers, like Virdee, as we work together to revolutionize hotel operations and guest-facing technologies."
asianhospitality

SAS Firm Virdee concludes $12.4 m Series A funding round - 0 views

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    VIRDEE, THE CONTACTLESS check-in technology firm, secured $12.4 million in an oversubscribed Series A funding round led by Moneta Ventures, bringing its total funding to $21 million. These funds will be used to finance research, expand product features, grow the workforce, and strengthen the company's presence in the hospitality sector, the company said. Other participants in the latest fundraising process include Silverton Partners, Koch Real Estate Investments, Alumni Ventures, DJR Advisors, Capital Factory, and strategic partners, Virdee said. This investment follows Series Seed financing led by Silverton Partners in February 2022 and a 2020 angel investment led by Rajiv Trivedi, former brand president for Wyndham Hotels & Resorts Inc.'s La Quinta Inn and chairman of TST Capital.
asianhospitality

HLS added 73 hotels, 5,967 rooms in 2021 - 0 views

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    ATLANTA-BASED FIRM Hospitality Lodging Systems added 73 hotels with 5,967 rooms in 2021. The firm posted a 16 percent increase in hotels and 21 percent hike in rooms compared to last year, a statement said. In 2020, HLS had 63 hotels with 4,929 rooms. HLS said that of these properties, 42 hotels containing 4,201 rooms operate under the Budgetel Inn & Suites brand, 21 with 1,171 rooms operate under the AmeriVu Inn & Suites brand and 10 hotels containing 595 rooms operate as a Haven Hotel. "We are attracting owners who want to keep more of the money they earn, which is especially appealing in today's post-pandemic marketplace when improving ROI is a top priority," said Doug Collins, chairman and CEO of HLS. "Our business model gives owners the freedom to operate their properties in their own way, with some administrative and marketing help but without mandated style changes and amenity upgrades that drive up costs."
asianhospitality

Hotels priority remote sales training for labor shortage - 0 views

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    REMOTE SALES AND training appear to be surging in popularity among hotels, according to training consulting firm Gillis Sales. The firm reported $23 million in revenue from hospitality clients in 2021 and a 40 percent since the beginning of the pandemic. The latest figures indicate that hotels are seeing the benefits of investing in sales to increase profitability as travel resumes, said Tammy Gillis, CEO of Gillis Sales. Gillis foresees an increase in business as hoteliers turn to remote sales solutions to find and keep qualified salespeople. Market trends suggest that leisure and corporate travel are increasing while labor shortage continues, according to the company's statement.
asianhospitality

Choice names nominees for Wyndham's board - 0 views

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    CHOICE HOTELS INTERNATIONAL has named its eight nominees for the board of directors for Wyndham Hotels & Resorts to be voted on in Wyndham's 2024 shareholder meeting. The nominees, including Jay Shah, executive chairman at Hersha Hospitality Trust, are expected to support Choice's bid to acquire Wyndham despite multiple rejections by the latter. In response, Wyndham said it will evaluate the nominees as part of its due diligence, but it also said the nominees were "hand-picked to push through their offer." Along with Shah, Choice's nominees are: Barbara Bennett, founder and principal executive of business consulting firm Bennett West LLC. Emanuel Pearlman, founder, chairman and CEO of investment management and financial consulting firm Liberation Investment Group. Fiona Dias, digital commerce consultant who served as the chief strategy officer of online shopping service ShopRunner from 2011 to 2014. James Nelson, CEO of real estate investment trust Global Net Lease, Inc. Nana Mensah, founder, chairman and CEO of food packaging and processing equipment exporter 'XPORTS Inc. Susan Schnabel, founder and co-managing partner of buyout fund advisor aPriori Capital Partners. William Grounds, principal of his advisory business Burraneer Capital Advisors LLC. "These nominees are proven leaders with wide-ranging expertise across relevant industries, including deep proficiency in the hospitality and franchising sectors," said Stewart Bainum, chairman of Choice's board of directors. "We are confident the nominees' industry, finance, governance and board experience will greatly benefit Wyndham shareholders. Most importantly, if elected, the nominees will exercise their independent judgment to serve Wyndham shareholders' best interests, which Choice believes is to move with urgency to maximize the value that could be created for them through a combination with Choice."
asianhospitality

Gencom Acquires Ritz-Carlton & Courtyard in New Orleans - Asian Hospitality - 0 views

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    GENCOM, A U.S.-BASED real estate investment and development firm, recently acquired The Ritz-Carlton New Orleans and the Courtyard New Orleans French Quarter/Iberville, a 758-key, two-hotel portfolio in New Orleans' French Quarter in Louisiana. The Miami-based firm is led by founder and principal Karim Alibhai. Chicago-based Monroe Capital provided financing for the acquisition, while New York-based Eastdil Secured represented both parties in the transaction, Gencom said in a statement. "We continue to build on our legacy of investing in and enhancing hospitality assets with this acquisition, expanding our presence in this key destination," Alibhai said. "New Orleans is a strong market for luxury hospitality, and we look forward to bringing our expertise to further elevate these properties. We are excited to work with Marriott to ensure The Ritz-Carlton, New Orleans, and Courtyard French Quarter continue delivering exceptional guest experiences."
San Juan

Private Party Ferry Service In Bellingham - 0 views

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    Some people have a habit of taking up a cruise vacation at least once in a year but the beginners wonder either to take up a major cruise firm or a private yacht.
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    Some people have a habit of taking up a cruise vacation at least once in a year but the beginners wonder either to take up a major cruise firm or a private yacht.
asianhospitality

Peachtree to invest $1 billion in real estate credit - 0 views

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    PEACHTREE GROUP, A commercial real estate investment firm with a $6.4 billion portfolio, has secured approximately $660 million in credit investments since Dec. 1, with an additional $350 million expected to close within the next 30 to 45 days. These investments focus on hotels, multifamily, industrial, and student housing, Peachtree said in a statement. "We are witnessing heightened activity in response to the anticipation of sustained elevated interest rates and continued reductions in bank exposure," said Greg Friedman, Peachtree Group's managing principal/CEO. "The pressing need to refinance maturing debt, estimated at $2.8 trillion in U.S. commercial real estate debt by the end of 2028, is a growing concern. Commercial real estate stakeholders are grappling with the challenges of increased capital costs and constrained liquidity, particularly in securing capital for acquisitions, recapitalizations and development initiatives." Peachtree recently closed one of its largest individual credit transactions to date, securing a $102.9 million, three-year loan to recapitalize a 350-room Marriott dual-brand AC Hotel Sunnyvale Moffett Park and TETRA Hotel, Autograph Collection in Sunnyvale, California, the statement added.
asianhospitality

KKR & Baupost Acquire 33 Marriott Hotels in the UK | $1.16B Deal - 0 views

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    A JOINT VENTURE between U.S. investment firms KKR and The Baupost Group recently acquired 33 Marriott International hotels in the United Kingdom from a subsidiary of the Abu Dhabi Investment Authority. Amante Capital, KKR's European hospitality platform, will manage the joint venture, with the properties remaining Marriott-branded, the companies said in a joint statement. The financial details of the deal remain undisclosed, but a Green Street News report estimated the transaction at around $1.16 billion or £900 million. The portfolio includes 33 full-service Marriott and Delta Hotels by Marriott in London and key regional cities such as Edinburgh, Glasgow, Leeds and Liverpool, the statement said. The 6,500-key portfolio, recently refurbished, features amenities for business and leisure, including conference venues, event spaces, golf and recreation facilities. The investment is part of KKR's European real estate strategy.
Alex Parker

How to #Getshippingtrending - 0 views

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    Shipping PR firm Jeanius Consulting picked up Marketme's #SmartSocial award earlier this year for its innovative use of social media. Managing director, Jean Winfield, discusses the best way for shipping firms to improve their social media strategies, why numbers aren't everything and the reasons the industry has lagged behind.
Kiran Singh

COX & KINGS TO RAISE RS 1,200 CRORE - 0 views

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    Tours and Travel firm Cox & Kings today said it would raise Rs 1,200 crore from the market by issuing securities. "The board of directors of the company at its meeting held on October 09, 2014 has approved raising of funds for an amount not exceeding Rs 1,200 crore through issuance of securities, including equity shares or equity-linked securities, including through a qualified institutions placement...," the company said in a BSE filing.
Thomas Clark

Hire Limo in Southampton // Limo Hire World - 0 views

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    If you have been thinking about using the services of a limo hire Southampton firm for traveling in or to this largest city on the southern coast of England, it's a concept that bears further study.
Holiday Mood

Get cheap flights to Abu Dhabi with Air Travel Experts - 0 views

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    According to or resources the website is designed in a way that it not only let you run a search availability on cheap flights to Abu Dhabi but also let you book the very flights at the same time. The travel firm as it is reported is in to operation for over a decade and survived the rough phases purely on the basis of the its reputation of being the best and competitive at the same.
Mahendra Tatwal

Honda CB650F Specifications, Reviews in India - 0 views

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    Honda CB 650F is a magnificent naked sports motorcycle carrying spectacular performance. The colorful and designer graphics offered by the firm over the fuel tank and a little bit of fairing just work as eye-candy for motorcycle enthusiasts.You can Fine more details related to bike Honda CB 650F at SAGMart.com
relevanceweb bookmarking

Renovating Listed Buildings | Callender Howorth - 0 views

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    London luxury interior design firm Callender Howorth is the expert at restoring the interiors of listed buildings. Contact us to see how our heritage architects can help you
dl2jaipe

How Delhi to Jaipur Cab Service is better than any other options? - 0 views

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    We maintain a strategic distance from these undesirable circumstances, you'll recruit a taxi with the driving force given via Delhi to Jaipur Cab Service rental firms. The driving force is going to be conversant in the nearby traffic rules. Additionally, just about all the bearings and you don't get to stress over any of the above mentioned.
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