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Travel - Press Releases
Published on Thu 20 Feb 2025 8:03:26 UTC
BETHESDA, Md., Feb. 19, 2025 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that on February 19, 2025, it completed the sale of the 410-room Westin Washington, D.C. City Center (the "Hotel") for a contract price of $92.0 million. The sales price represents an 11.2x multiple on 2024 Hotel EBITDA and a 7.5% capitalization rate on 2024 Hotel net operating income, or a capitalization rate of 5.6% inclusive of the Company's projected capital expenditures. Excluding a one-time property tax credit and temporary discount on franchise fees the Hotel received in 2024, the sales price represents an 11.9x multiple on 2024 Hotel EBITDA and a 7.0% capitalization rate on 2024 Hotel net operating income, or a capitalization rate of 5.2% inclusive of the Company's projected capital expenditures.
Published on Thu 20 Feb 2025 8:00:51 UTC
One lucky fan will meet the iconic player, sleep over in the revamped Marriott Hotels' Suite of Dreams at Old Trafford, and take in the matchday experience of the Manchester Derby
Published on Thu 20 Feb 2025 8:00:18 UTC
VALCOURT, QC, Feb. 19, 2025 /PRNewswire/ - Ski-Doo, iconic brand ofBRP Inc. (TSX: DOO) (NASDAQ: DOOO), is releasing its Model Year 2026 snowmobiles that continue to improve the winter riding experience for all riders. The lineup contains completely redesigned Expedition models, deep snow models that are lighter with new features including a 32-inch ski stance, redesigned entry level models and enhancements that touch every segment.
Published on Thu 20 Feb 2025 8:00:08 UTC
Commander model also now available in North America
Published on Thu 20 Feb 2025 7:55:04 UTC
The facility investment in New York will enhance energy storage systems development and production capacity to support the emerging aircraft electrification programs
Published on Thu 20 Feb 2025 7:54:09 UTC
General Aviation Manufacturers Association-sponsored Study: Industry Supports 1.3 Million Jobs, $339 Billion in Economic Output
Published on Thu 20 Feb 2025 7:52:31 UTC
SHANGHAI, Feb. 20, 2025 /PRNewswire/ -- Hotel & Shop Plus,organized by IM Sinoexpo, gathers leading suppliers from construction and operation sector under one roof to present their latest products, services and innovative developments for hotels, restaurants, shopping malls and all commercial facilities. It will be held at SNIEC in Shanghai from March 31 to April 3, 2025. Our exhibit categories include hotel building, hotel supplies, smart hotel, commercial cleaning.
Published on Thu 20 Feb 2025 7:44:27 UTC
The partnership will enable Air Europa to optimize its payment processes and expand the range of Alternative Payment Methods (APMs) offered to travelers
Published on Mon 17 Feb 2025 8:20:27 UTC
MARINA, Calif., Feb. 14, 2025 /PRNewswire/ -- DART (Drone, Automation, and Robotics Technology) is thrilled to announce that it has been awarded funding through theCA Jobs First - Uplift Central Coast Catalyst Program to accelerate workforce development and infrastructure planning in the region's rapidly growing Advanced Air Mobility (AAM) sector.
Published on Mon 17 Feb 2025 8:20:20 UTC
WISTON, England, Feb. 14, 2025 /PRNewswire/ --The owners of LondonStansted Airport recently announced a major investment package, including an extension to the terminal. Artemis Aerospacelooks at the rise of Stansted and the new plans shaping its future ...
Published on Mon 17 Feb 2025 8:20:08 UTC
DALLAS, Feb. 13, 2025 /PRNewswire/ --A civil lawsuit filed by Fortenberry FirmPLLCin Dallas County, Texas, asserts claims of sex trafficking on behalf of a 16-year-old girl from Baytown, Texas, who was groomed by a 32-year-old male, lured to Dallas, drugged, and prostituted at the Hawthorn Extended Stay by Wyndham Dallas. Hawthorn Suites is a division of Wyndham hotels.
Published on Mon 17 Feb 2025 8:20:03 UTC
NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Infor, a global leader in business cloud software specialized by industry, today announced the release of its new Revenue Management Solution (RMS) for the hospitality sector. This innovative platform is designed to revolutionize how hotels and resorts optimize their pricing strategies and manage revenue in an increasingly complex, AI-driven market.
Published on Mon 17 Feb 2025 8:19:59 UTC
Nassau Paradise Island Wine and Food Festival Atlantis, Paradise Island logo. (PRNewsFoto/Atlantis, Paradise Island)
Published on Mon 17 Feb 2025 8:19:56 UTC
ST. PETERSBURG, Fla., Feb. 14, 2025 /PRNewswire/ -- The spring travel season is fast approaching, and travelers are ready to invest in exciting adventures this year.
Published on Mon 17 Feb 2025 8:19:55 UTC
Boutique hotel brand's newest location now open in the heart of downtown Albuquerque, New Mexico
Published on Mon 17 Feb 2025 8:19:48 UTC
NEWPORT BEACH, Calif., Feb. 14, 2025 /PRNewswire/ --AC Future, a leader in sustainable smart living, is tackling California's wildfire housing crisis with its AI Transformer Home (AI-TH)-a zero-emissions, mobile smart home designed for off-grid, disaster-resilient living. The company will showcase the AI-TH throughout California, starting February 14, 2025, at Pelican Hill Resort in Newport Coast, followed by a tour at Rosewood Sand Hill in Menlo Park from February 18-24, 2025.
Published on Mon 17 Feb 2025 8:19:44 UTC
VISITING KENTUCKY? GO TO BED IN A BOURBON BARREL!
Published on Mon 17 Feb 2025 8:19:33 UTC
WARWICK, R.I., Feb. 14, 2025 /PRNewswire/ -- A recent survey conducted by InsureMyTripreveals a critical gap in travel preparedness among international travelers. While 79% of travelersexpress concern about getting sick or injured while traveling abroad, only 41%know whether their domestic health insurance provides coverage outside their home country.
Published on Mon 17 Feb 2025 8:19:32 UTC
Cordish and Live! Executives, Elected Officials, Community Leaders and Sports Legends Officially Open First Land-Side Casino in Shreveport-Bossier Market
Published on Mon 17 Feb 2025 8:18:47 UTC
Featuring: Anderson .Paak & The Free Nationals, Khruangbin, Peggy Gou, Daniel Caesar, Foster the People, Jason Mraz, Gary Clark Jr., Janelle Monae, Portugal. The Man, Isaiah Rashad, Duke Dumont, and many more!
Published on Mon 17 Feb 2025 8:18:41 UTC
Avelo surprises 30 loyal Customers with free flightsAvelo shows its love for all travelers with 40% Valentine's Day discountAvelo surpasses flying 3 million Customers in New Haven, CT
Published on Mon 17 Feb 2025 8:18:38 UTC
CANCUN, Mexico, Feb. 14, 2025 /PRNewswire/ -- February is a very active month at the Sunset World Group hotels, starting with the broadcast of Super Bowl LIX and all the atmosphere surrounding it. The activities program for February 9 is full of action, fun and even gastronomy alluding to the theme in each of the group's hotels.
Published on Mon 17 Feb 2025 8:15:07 UTC
NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The outdoor apparel market and it is set to grow by USD 7.3 billion from 2025 to 2029. However, the growth momentum will progressing at aCAGR of 6.4% during the forecast period, according to Technavio. The outdoor apparel market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Adidas AG, Aigle International SA, ANTA Sports Products Ltd., ASICS Corp., Boardriders, Callaway Golf Co., Canadian Tire Corp. Ltd., Columbia Sportswear Co., Fenix Outdoor International AG, G III Apparel Group Ltd., Gokyo Outdoor Apparel and Lifestyles Pvt. Ltd., Hanesbrands Inc., Newell Brands Inc., Nike Inc., Norrona Sport AS, Outdoor Research, Patagonia Inc., PUMA SE, Under Armour Inc., and VF Corp. Are some of the major market participants -.To know about the vendor offerings - Request a sample report
Published on Mon 17 Feb 2025 8:14:48 UTC
SAN ANTONIO, Feb. 14, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. and Clear Channel Outdoor Americas, and David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., are scheduled to present at J.P. Morgan's 2025 Global Leveraged Finance Conference on Tuesday, February 25, 2025, at 8:45 a.m., Eastern Time. The live audio webcast, as well as the replay, will be available on Clear Channel Outdoor Holdings' investor website for 30 days athttps://investor.clearchannel.com/.
Published on Mon 17 Feb 2025 8:14:46 UTC
SAN ANTONIO, Feb. 14, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. and Clear Channel Outdoor Americas, is scheduled to present at Morgan Stanley's Technology, Media & Telecom Conference on Tuesday, March 4, 2025, at 2:35 p.m., Pacific Time. The live audio webcast, as well as the replay, will be available on Clear Channel Outdoor Holdings' investor website at https://investor.clearchannel.com/.
Press Release by Industry
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