Hospitality

Fourth Launches the First AI Platform for Hospitality

Retrieved on: 
Thursday, March 21, 2024

The Fourth AI Platform lets managers focus on people, service, and creativity, rather than on constant firefighting.

Key Points: 
  • The Fourth AI Platform lets managers focus on people, service, and creativity, rather than on constant firefighting.
  • The Fourth AI Platform is the first of its kind with a set of AI-based workforce and inventory solutions purpose-built for hospitality operators.
  • The Fourth AI Platform sets the stage for a high-value, high-impact AI-based future for the industry.
  • AI has the power to genuinely transform our industry for the better.”
    The Fourth AI Platform is generally available today, offering AI forecasting for scheduling.

Apple Hospitality REIT Announces Dates for First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Monday, March 18, 2024

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report first quarter 2024 financial results after the market closes on Monday, May 6, 2024, and host a conference call for investors and interested parties at 10:00 a.m. Eastern Time on Tuesday, May 7, 2024, to discuss the results.

Key Points: 
  • Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that it plans to report first quarter 2024 financial results after the market closes on Monday, May 6, 2024, and host a conference call for investors and interested parties at 10:00 a.m. Eastern Time on Tuesday, May 7, 2024, to discuss the results.
  • The conference call will be accessible by telephone and the internet.
  • To access the call, participants from within the U.S. should dial 877-407-9039, and participants from outside the U.S. should dial 201-689-8470.
  • A replay of the call will be available from approximately 2:00 p.m. Eastern Time on May 7, 2024, through 11:59 p.m. Eastern Time on May 21, 2024.

Apple Hospitality REIT Announces Monthly Distribution and Date for 2024 Annual Meeting of Shareholders

Retrieved on: 
Monday, March 18, 2024

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share.

Key Points: 
  • Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share.
  • The distribution is payable on April 15, 2024, to shareholders of record as of March 28, 2024.
  • Based on the Company’s common stock closing price of $16.18 on March 15, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 5.9%.
  • In addition, the Company today announced that its 2024 Annual Meeting of Shareholders will be held at 9:00 a.m. Eastern Time on Thursday, May 23, 2024.

5WPR Named Agency of Record for Luxury Hotel NH Collection Dubai The Palm

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 4, 2024 /PRNewswire/ -- 5W Public Relations , one of the largest independently owned PR firms in the U.S., announces today it has been selected as the public relations Agency of Record for luxury hotel, NH Collection Dubai The Palm.

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- 5W Public Relations , one of the largest independently owned PR firms in the U.S., announces today it has been selected as the public relations Agency of Record for luxury hotel, NH Collection Dubai The Palm.
  • Situated in one of Dubai's most iconic locations, the NH Collection Dubai The Palm is celebrating its inaugural year.
  • "We are thrilled to partner with NH Collection Dubai The Palm, a pioneering property that exemplifies luxury and innovation in the heart of Dubai," said Dara Busch, Co-CEO of 5WPR.
  • "As we celebrate our inaugural year, NH Collection Dubai The Palm is proud to partner with 5WPR, an esteemed agency that shares our commitment to luxury and innovation in hospitality.

ASSA ABLOY acquires Messerschmitt Systems in Germany

Retrieved on: 
Wednesday, April 3, 2024

STOCKHOLM, April 3, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Messerschmitt Systems, a well-established German developer and manufacturer of access control hardware and software solutions for the hospitality market including products for access control and in-room control.

Key Points: 
  • STOCKHOLM, April 3, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Messerschmitt Systems, a well-established German developer and manufacturer of access control hardware and software solutions for the hospitality market including products for access control and in-room control.
  • "I am very pleased to welcome Messerschmitt Systems into the ASSA ABLOY Group.
  • This acquisition delivers on our strategy to strengthen our position in developed markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • "Messerschmitt Systems has a long history in hospitality access control and has developed an attractive product portfolio which complements our existing solution offering for our customers.

ASSA ABLOY acquires Messerschmitt Systems in Germany

Retrieved on: 
Wednesday, April 3, 2024

STOCKHOLM, April 3, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Messerschmitt Systems, a well-established German developer and manufacturer of access control hardware and software solutions for the hospitality market including products for access control and in-room control.

Key Points: 
  • STOCKHOLM, April 3, 2024 /PRNewswire/ -- ASSA ABLOY has acquired Messerschmitt Systems, a well-established German developer and manufacturer of access control hardware and software solutions for the hospitality market including products for access control and in-room control.
  • "I am very pleased to welcome Messerschmitt Systems into the ASSA ABLOY Group.
  • This acquisition delivers on our strategy to strengthen our position in developed markets through adding complementary products and solutions to our core business," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • "Messerschmitt Systems has a long history in hospitality access control and has developed an attractive product portfolio which complements our existing solution offering for our customers.

BCC Research Forecasts Global Spatial Computing Market to Surpass $150.5 Billion by 2028

Retrieved on: 
Monday, April 1, 2024

BOSTON, April 1, 2024 /PRNewswire/ -- Global Spatial Computing Market refers to the worldwide industry that creates and sells technology allowing digital information to interact with the physical world. This includes things like virtual reality, augmented reality, and other tools that merge digital content with our real environment. It's a broad market that involves hardware like headsets and software applications that create immersive experiences for various purposes, like gaming, education, and more.

Key Points: 
  • This report on global spatial computing market provides comprehensive insights and analysis, addressing the following key questions:
    What is the projected market size and growth rate of the global spatial computing market?
  • Global market for Spatial Computing was valued at $57.20 billion in 2022 and is expected to reach $150.46 billion by 2028, growing at a CAGR of 17.5% from 2023 to 2028.
  • By the end of 2028, the Augmented Reality (AR) segment will continue to dominate the global Spatial computing market.
  • Which region has the highest market share in the global spatial computing market?

Keegan McGregor takes honourable title of Diageo WORLD CLASS Canada Bartender 2024

Retrieved on: 
Thursday, March 28, 2024

Yesterday, in Halifax Nova Scotia, WORLD CLASS CANADA crowned Keegan McGregor as the WORLD CLASS Canada Bartender of the Year 2024.

Key Points: 
  • Yesterday, in Halifax Nova Scotia, WORLD CLASS CANADA crowned Keegan McGregor as the WORLD CLASS Canada Bartender of the Year 2024.
  • "This has truly been a deadly week and I am deeply humbled and honoured to take home the title of WORLD CLASS Canada Bartender of 2024," said Keegan McGregor, the 2024 winner.
  • Diageo's WORLD CLASS challenges are crafted to showcase the five key characteristics it takes to be a WORLD CLASS bartender: hosting, craft, flavour analysis, knowledge, and WORLD CLASS advocacy.
  • When experimenting with your own mixology skills or enjoying award-winning cocktails from your favourite local bartender, WORLD CLASS CANADA reminds you to drink responsibly.

Netwrix Offers Six Tips to Avoid Being Scammed When Traveling to the Olympics

Retrieved on: 
Thursday, March 28, 2024

FRISCO, Texas, March 28, 2024 /PRNewswire/ -- Netwrix, a vendor that delivers effective and accessible cybersecurity to any organization, today shared six tips to avoid being scammed when travelling to attend the Olympic games in Paris.

Key Points: 
  • If you are planning your Olympic event travel, consider these tips from Ilia Sotnikov, Security Strategist at Netwrix, to make your journey a safer one.
  • One way to reduce the risk of security exposure is to minimize the number of transactions performed to book your travel.
  • Fans who seek tickets through unofficial channels expose themselves to the risk of purchasing counterfeit tickets at high prices.
  • "They should maintain an awareness of their surroundings, use the same common sense they apply daily in their regular community, and stay vigilant to avoid being scammed.

ASSA ABLOY acquires Nomadix and Global Reach in the USA and UK

Retrieved on: 
Wednesday, March 27, 2024

"I am very pleased to welcome Nomadix and Global Reach into the ASSA ABLOY Group.

Key Points: 
  • "I am very pleased to welcome Nomadix and Global Reach into the ASSA ABLOY Group.
  • This acquisition is an exciting technological addition to the ASSA ABLOY Group and will reinforce our current offering within the hospitality business, and provide complementary growth opportunities," says Nico Delvaux, President and CEO of ASSA ABLOY.
  • "Nomadix and Global Reach are excellent additions to Global Solutions and will with their strong technical expertise expand our portfolio and end-to-end offering for our hospitality business and adjacent verticals.
  • Nomadix and Global Reach operate as two separate entities under a central top management and ownership, and will be part of Global Solutions business area Hospitality.