Travel and Hotels

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  • by WebSupport@BusinessWire.com
    NEWTON, Mass.–(BUSINESS WIRE)–Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2021. John Murray, President and Chief Executive Officer of SVC, made the following statement: “The first quarter marked a continued period of transition for SVC’s hotel portfolio. We converted an additional 88 hotels to Sonesta brands and […]
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    Waterpark Will Have Extensive New Safety Measures in Place VALENCIA, Calif.–(BUSINESS WIRE)–#hurricaneharbor–Six Flags Hurricane Harbor, located next door to Six Flags Magic Mountain, announced plans to reopen the park to Members and Pass holders on May 15-16, and to the general public on May 22, 2021. In accordance with state and county reopening guidelines for […]
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    EAST HAMPTON, N.Y.–(BUSINESS WIRE)–New York-based boutique hotel operator Life House Hotels has announced the addition of the Maidstone Hotel and Maidstone Restaurant in East Hampton, New York, to its growing portfolio of award-winning luxury properties across the US. Since acquiring the hotel in 2008, esteemed hotelier Jenny Baker and husband Jonathan Baker, a writer, movie […]
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    Sends Letter to STAY Shareholders Detailing Compelling Reasons to Vote Against Sale Believes Sale Would Come at the Wrong Time and Wrong Price In Tarsadia’s View, Sales Process Was Flawed and Paired Entities’ Boards Failed to Pursue Alternatives Highlights That Two Sitting ESH Directors Voted Against the Deal Believes Company Has Significant Opportunities to Create […]
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    DENVER–(BUSINESS WIRE)–The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today announced that Emanuel “Manny” Hilario, President and Chief Executive Officer, and Tyler Loy, Chief Financial Officer, will host a conference call and webcast to discuss first quarter 2021 financial results on Tuesday, May 11, 2021 at 4:30 PM Eastern Time. […]
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    BETHESDA, Md.–(BUSINESS WIRE)–$PEB #PEB–Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on May 6, 2021, it priced an underwritten public offering of 8,000,000 of its 6.375% Series G Cumulative Redeemable Preferred Shares (the “Shares”) at a public offering price of $25.00 per share, for net proceeds of approximately $193.6 million, after deducting the […]
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    Hilton secures top spot after releasing new diversity and inclusion commitments and publicly sharing diversity data MCLEAN, Va.–(BUSINESS WIRE)–Hilton has been recognized for its commitment to diversity and inclusion by DiversityInc, placing #1 on the 2021 Top 50 Companies for Diversity list. This award marks the company’s seventh consecutive year on the list, which highlights […]
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    First Quarter 2021 Highlights Revenue of $58.4 million. GAAP net income of $10.0 million, or 17.1% of sales. Adjusted EBITDA of $16.5 million, or 28.3% of sales. Continued strong demand for freighters and improving commercial activity. AerAware flight testing by FAA in progress. Finalizing the sale/lease of 18 Boeing 757s. 2021 guidance unchanged: revenue of […]
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    Announcement comes just weeks after acquisition of U.S.-based Associated Aircraft Group helicopter provider Positions companies to become global leaders in vertical flight Enables Flexjet, Sentient Jet and other Directional Aviation OneSky Flight companies to develop the next generation of end-to-end private aviation offerings not available elsewhere LONDON–(BUSINESS WIRE)–Luxury fractional jet provider Flexjet and jet card […]
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    HONG KONG–(BUSINESS WIRE)–#DiscoverHongKong–When event venues shut down globally during the pandemic, people flocked online in record numbers to satisfy their deep craving for art and culture. As the world cautiously looks to resume international travel and bring back events, it is fitting that art is a driving force to make this happen, with Hong Kong […]