Vacation

Hyatt to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call

Retrieved on: 
Thursday, February 15, 2024

The Company also announced the following fourth quarter and full year 2023 highlights:

Key Points: 
  • The Company also announced the following fourth quarter and full year 2023 highlights:
    Comparable system-wide RevPAR increased 9.1% in the fourth quarter and 17.0% for the full year of 2023, compared to the same periods in 2022, and exceeded full year outlook for 2023.
  • Comparable owned and leased hotels RevPAR increased 5.9% in the fourth quarter and 15.5% for the full year of 2023, compared to the same periods in 2022.
  • Comparable owned and leased hotels operating margin was 26.2% in the fourth quarter and 25.4% for the full year of 2023.
  • Management, Franchise, License, and other fees were $256 million in the fourth quarter and $985 million for the full year of 2023.

Agilysys Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Retrieved on: 
Thursday, February 15, 2024

Agilysys, Inc. (NASDAQ: AGYS) (“Agilysys,” “our” or the “Company”), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the pricing of the previously announced underwritten secondary offering of 867,729 shares of its common stock (the “Offering”) by certain investment funds managed by MAK Capital, resulting in gross proceeds to the selling stockholders of $72.7 million.

Key Points: 
  • Agilysys, Inc. (NASDAQ: AGYS) (“Agilysys,” “our” or the “Company”), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the pricing of the previously announced underwritten secondary offering of 867,729 shares of its common stock (the “Offering”) by certain investment funds managed by MAK Capital, resulting in gross proceeds to the selling stockholders of $72.7 million.
  • Agilysys is not selling any shares in the Offering and will not receive any proceeds from the sale of the offered shares by the selling stockholders.
  • The Offering is expected to close on February 20, 2024, subject to customary closing conditions.
  • The Offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on September 15, 2023.

Agilysys Announces Secondary Offering of Common Stock by Selling Stockholders

Retrieved on: 
Wednesday, February 14, 2024

Agilysys, Inc. (NASDAQ: AGYS) (“Agilysys”, “our” or the “Company”), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the commencement of a public offering of 867,729 shares of its common stock (the “Offering”) by certain investment funds managed by MAK Capital.

Key Points: 
  • Agilysys, Inc. (NASDAQ: AGYS) (“Agilysys”, “our” or the “Company”), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the commencement of a public offering of 867,729 shares of its common stock (the “Offering”) by certain investment funds managed by MAK Capital.
  • Agilysys is not selling any shares in the Offering and will not receive any proceeds from the sale of the offered shares by the selling stockholders.
  • BTIG, LLC is acting as the sole underwriter for the Offering.
  • The Offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on September 15, 2023.

Explore the Coolest Art Experiences Along Hong Kong’s Victoria Harbour This Spring

Retrieved on: 
Wednesday, February 14, 2024

Hong Kong is gearing up to host an array of creative experiences this spring.

Key Points: 
  • Hong Kong is gearing up to host an array of creative experiences this spring.
  • From a mesmerising new teamLab installation to much-anticipated annual events like Art Basel Hong Kong, travellers will be immersed in art on the banks of Victoria Harbour.
  • Meanwhile, Arts in Hong Kong Harbour Tour, arranged by the Hong Kong Tourism Board, will offer front-row seats to the artistic wonders along the sea.
  • Book your trip to Hong Kong, where diverse art experiences await!

Vacasa to Announce Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

Retrieved on: 
Wednesday, February 14, 2024

Vacasa (Nasdaq: VCSA), North America’s leading vacation rental management platform, plans to report fourth quarter and full year 2023 financial results after market close on Wednesday, February 28, 2024, followed by a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m.

Key Points: 
  • Vacasa (Nasdaq: VCSA), North America’s leading vacation rental management platform, plans to report fourth quarter and full year 2023 financial results after market close on Wednesday, February 28, 2024, followed by a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m.
  • Chief Executive Officer Rob Greyber and Chief Financial Officer Bruce Schuman will host the conference call.
  • A link to the live webcast will be made available on Vacasa’s Investor Relations website at investors.vacasa.com .
  • A replay of the webcast will be available for one year, shortly after the webcast concludes.

Marcus Hotels and Resorts, Hempel Real Estate and Robinson Park Investments Form Joint Venture to Acquire Loews Minneapolis Hotel

Retrieved on: 
Wednesday, February 14, 2024

Marcus® Hotels & Resorts , a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it along with Hempel Real Estate and Robinson Park Investments have reached an agreement to jointly acquire the Loews Minneapolis Hotel.

Key Points: 
  • Marcus® Hotels & Resorts , a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it along with Hempel Real Estate and Robinson Park Investments have reached an agreement to jointly acquire the Loews Minneapolis Hotel.
  • Upon closing, Marcus Hotels & Resorts will assume management of the hotel, which will be rebranded under another major global hotel system.
  • “The agreement to purchase the Loews Minneapolis Hotel is consistent with our strategy to co-invest with like-minded partners and manage leading properties across the nation,” said Michael Evans, president of Marcus Hotels & Resorts.
  • This will be the third property managed by Marcus Hotels & Resorts in Minneapolis since 1993.

The Empire State Building Introduces Ambassador Program for Superfans of its World-Famous Observatory Experience

Retrieved on: 
Tuesday, February 13, 2024

The Empire State Building (ESB) announced today its new ambassador program for locals who host guests in New York City and superfans of its world-famous Observatory Experience.

Key Points: 
  • The Empire State Building (ESB) announced today its new ambassador program for locals who host guests in New York City and superfans of its world-famous Observatory Experience.
  • (Photo: Business Wire)
    “Each visit to the Empire State Building is unique, and we made it easier for our loyal locals who bring their guests and our superfans to take in our reimagined Observatory’s exhibits and unparalleled views time and time again,” said Jean-Yves Ghazi, president of the Empire State Building Observatory.
  • The Empire State Building Observatory recently underwent a $165 million reimagination that includes a dedicated visitor entrance, an immersive museum with nine galleries, brand new bespoke Observatory Host uniforms, and iconic 86th and 102nd Floor Observatories.
  • The reimagined Observatory Experience was recently voted the number one attraction in the U.S. by Tripadvisor travelers for two consecutive years.

Incumbent Directors of Ciscom Win Shareholder Vote by Voting Overwhelmingly for Themselves, Persist in Refusing to Engage With Approximately 40% of the Ciscom Shareholder Base

Retrieved on: 
Tuesday, February 13, 2024

TORONTO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Six days after the recent annual general and special meeting (the “Meeting”) of Ciscom (“Ciscom” or, the “Company”) (CSE: CISC), (OTCQB: CISCF), the incumbent board of directors of Ciscom (the “Incumbent Board”) finally woke up to their securities law obligations as a reporting issuer in Canada and publicly reported the results of the Meeting.

Key Points: 
  • Approximately four out of five of the shares tendered in favour of the Incumbent Board belonged to the incumbent directors themselves.
  • For any ordinary board of directors of a public company, losing the support of almost half of your shareholder base would constitute a crisis and immediately precipitate steps towards reconciliation.
  • “When was the last time you have seen an incumbent board of directors celebrated losing the support of almost half of their shareholder base?
  • The Concerned Shareholders convey this simple message to Ciscom shareholders who are sick and tired of the arrogance and mismanagement of the Incumbent Board: “Stay tuned.”

12Go Reveals Top 10 Romantic Destinations in Asia for Valentine's Day

Retrieved on: 
Tuesday, February 13, 2024

12Go has prepared a list of top travel destinations for Valentine’s Day in Asia and outlined it in an article on 12Go’s website .

Key Points: 
  • 12Go has prepared a list of top travel destinations for Valentine’s Day in Asia and outlined it in an article on 12Go’s website .
  • This list is based on the internal ticket data gathered by 12Go.
  • Analyzing the tickets sold throughout the year, 12Go identified the top travel destinations for couples celebrating Love Day.
  • Thailand tops the list, with Bangkok, Chiang Mai, and Koh Samui being great Valentine's Day destinations.

Visit Potter-Tioga PA Named Top 100 Organization by Pennsylvania Business Central

Retrieved on: 
Tuesday, February 13, 2024

Pennsylvania Business Central has once again named Visit Potter-Tioga PA among the Top 100 Organizations in Central Pennsylvania for 2024.

Key Points: 
  • Pennsylvania Business Central has once again named Visit Potter-Tioga PA among the Top 100 Organizations in Central Pennsylvania for 2024.
  • “This recognition is a shared triumph for every business owner and board member who contributes to the heartbeat of both Potter and Tioga Counties,” Colleen Hanson, Executive Director of Visit Potter-Tioga PA, said.
  • We know there’s no better place to be than Potter and Tioga Counties, and we will continue to show that to the rest of the world.”
    Pennsylvania Business Central highlights the top organizations in Central Pennsylvania.
  • The Top 100 Organizations edition of Pennsylvania Business Central reaches more than 40,000 readers over a 23-county area.