Hospitality

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.

Lowe Appoints Martin Caverly to Lead Los Angeles Commercial Real Estate Activities

Retrieved on: 
Friday, March 22, 2024

LOS ANGELES, March 22, 2024 /PRNewswire-PRWeb/ -- Lowe, a leading national real estate investment, development and management firm, has tapped Martin Caverly to lead the company's commercial and multifamily real estate activities in the greater Los Angeles area, assuming responsibility for ongoing investment, development and management activities. A Lowe executive vice president who joined the firm seven years ago, Caverly has been instrumental in the growth and expansion of the company's commercial property management subsidiary, Hospitality at Work®. Caverly steps in as 30-year Lowe veteran, executive vice president Tom Wulf, steps back from his leadership role for the region.

Key Points: 
  • Lowe appoints head of Los Angeles area commercial real estate, Martin Caverly, as 30 Lowe veteran and current leader Tom Wulf takes leave.
  • LOS ANGELES, March 22, 2024 /PRNewswire-PRWeb/ -- Lowe, a leading national real estate investment, development and management firm, has tapped Martin Caverly to lead the company's commercial and multifamily real estate activities in the greater Los Angeles area, assuming responsibility for ongoing investment, development and management activities.
  • "Marty is a respected and talented leader with 30 years of experience in the real estate industry," said Mike Lowe, co-CEO of Lowe.
  • "Marty is a respected and talented leader with 30 years of experience in the real estate industry," said Mike Lowe, co-CEO of Lowe.

STEVEN & ALEXANDRA COHEN FOUNDATION AWARDS $116 MILLION GRANT TO LAGUARDIA COMMUNITY COLLEGE TO CREATE THE COHEN CAREER COLLECTIVE

Retrieved on: 
Wednesday, March 20, 2024

LONG ISLAND CITY, N.Y., March 20, 2024 /PRNewswire/ -- The Steven & Alexandra Cohen Foundation, led by philanthropist and New York Mets owner Alex Cohen, has awarded a grant of $116.2 million to LaGuardia Community College in Long Island City, Queens, to create the Cohen Career Collective, a state-of-the-art workforce training center. The 160,000 square-foot facility will ensure economic mobility for New Yorkers while providing skilled workers for local employers.

Key Points: 
  • The Steven & Alexandra Cohen Foundation has awarded a grant of $116.2 million to LaGuardia Community College /CUNY.
  • "We are profoundly grateful for this incredible gift from the Steven & Alexandra Cohen Foundation," said Kenneth Adams, President of LaGuardia Community College.
  • We are proud to create the Cohen Career Collective and are committed to our neighbors here in Queens."
  • We are truly honored that she turned to LaGuardia to bring her vision to life through the creation of the Cohen Career Collective."

Cure51 raises a €15 million seed round to harness the natural power of cancer survivors and contribute to cure this life threatening disease

Retrieved on: 
Wednesday, March 20, 2024

Other investors included: Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, and Olivier Pomel, CEO, and co-founder of Datadog.

Key Points: 
  • Other investors included: Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, and Olivier Pomel, CEO, and co-founder of Datadog.
  • Key to this endeavor are the new analytical techniques and the strong partnership the company has forged with leading oncology centers worldwide.
  • The aim is to pioneer the creation of the world's first global clinical and molecular database of cancer survivors, by rewriting the narrative of cancer.
  • Rather than focusing on the disease mechanisms, Cure51 studies outliers – those individuals who defy statistics and miraculously survive the most aggressive forms of cancer, including metastatic stage pancreatic cancer and glioblastoma.

Cure51 raises a €15 million seed round to harness the natural power of cancer survivors and contribute to cure this life threatening disease

Retrieved on: 
Wednesday, March 20, 2024

Other investors included: Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, and Olivier Pomel, CEO, and co-founder of Datadog.

Key Points: 
  • Other investors included: Hitachi Ventures GmbH, Life Extension Ventures, Xavier Niel, and Olivier Pomel, CEO, and co-founder of Datadog.
  • Key to this endeavor are the new analytical techniques and the strong partnership the company has forged with leading oncology centers worldwide.
  • The aim is to pioneer the creation of the world's first global clinical and molecular database of cancer survivors, by rewriting the narrative of cancer.
  • Rather than focusing on the disease mechanisms, Cure51 studies outliers – those individuals who defy statistics and miraculously survive the most aggressive forms of cancer, including metastatic stage pancreatic cancer and glioblastoma.

INSTITUTE OF CULINARY EDUCATION LAUNCHES TWO NEW SCHOLARSHIPS

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024 /PRNewswire/ -- The Institute of Culinary Education (ICE) today announced two new scholarships to help students launch careers in food and hospitality. The scholarships, awarded in connection with the James Beard Foundation, provide up to $35,000 in tuition waivers for deserving future students hoping to enter the industry.

Key Points: 
  • The school's hope is to continue to empower those who wish to study culinary arts and hospitality to be able to do so.
  • "At ICE, our mission is to help all who enter through our doors find their culinary voice," said Rick Smilow, ICE chairman and founder.
  • This $20,000 scholarship will be offered for study in ICE's Culinary Arts program at either the NYC or LA campus.
  • The French Culinary Institute (FCI) was established in 1984 with a focus on French technique as the foundation for teaching professional cooking.

Nobu Residences Penthouse Sale Breaks Abu Dhabi Apartment Price Record at $37.3M

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024 /PRNewswire/ -- Nobu Hospitality – the global lifestyle brand with Robert De Niro, Nobu Matsuhisa and Meir Teper at its helm – in partnership with leading real estate developer, Aldar, announces the sale of an exclusive penthouse at Nobu Residences Abu Dhabi has hit a price record at $37.3M. The sale is key in the continued global expansion of Nobu Residences, with numerous properties in development in the Middle East, Europe, and US, in addition to the 12 residences already announced.

Key Points: 
  • Nobu Hospitality Continues the Global Expansion of Nobu Residences with New Locations including Toronto, Al Marjan Island, Danang, Los Cabos, and Al Khobar
    NEW YORK, March 19, 2024 /PRNewswire/ -- Nobu Hospitality – the global lifestyle brand with Robert De Niro, Nobu Matsuhisa and Meir Teper at its helm – in partnership with leading real estate developer, Aldar, announces the sale of an exclusive penthouse at Nobu Residences Abu Dhabi has hit a price record at $37.3M.
  • The sale is key in the continued global expansion of Nobu Residences, with numerous properties in development in the Middle East, Europe, and US, in addition to the 12 residences already announced.
  • Nobu Residences Abu Dhabi also features one-to-three-bedroom apartments, penthouses, lofts, and Sky Villas along with a 125 key Nobu Hotel, Nobu restaurant and rooftop bar.
  • Both the penthouse and Sky Villas at Nobu Residences offer the epitome of elevated living with personalised services and world-class amenities, mirroring the iconic Nobu experience found across its hospitality offerings.

Nobu Residences Penthouse Sale Breaks Abu Dhabi Apartment Price Record at $37.3M

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024 /PRNewswire/ -- Nobu Hospitality – the global lifestyle brand with Robert De Niro, Nobu Matsuhisa and Meir Teper at its helm – in partnership with leading real estate developer, Aldar, announces the sale of an exclusive penthouse at Nobu Residences Abu Dhabi has hit a price record at $37.3M. The sale is key in the continued global expansion of Nobu Residences, with numerous properties in development in the Middle East, Europe, and US, in addition to the 12 residences already announced.

Key Points: 
  • Nobu Hospitality Continues the Global Expansion of Nobu Residences with New Locations including Toronto, Al Marjan Island, Danang, Los Cabos, and Al Khobar
    NEW YORK, March 19, 2024 /PRNewswire/ -- Nobu Hospitality – the global lifestyle brand with Robert De Niro, Nobu Matsuhisa and Meir Teper at its helm – in partnership with leading real estate developer, Aldar, announces the sale of an exclusive penthouse at Nobu Residences Abu Dhabi has hit a price record at $37.3M.
  • The sale is key in the continued global expansion of Nobu Residences, with numerous properties in development in the Middle East, Europe, and US, in addition to the 12 residences already announced.
  • Nobu Residences Abu Dhabi also features one-to-three-bedroom apartments, penthouses, lofts, and Sky Villas along with a 125 key Nobu Hotel, Nobu restaurant and rooftop bar.
  • The opening of the Nobu Hotel Toronto and Residences this year marked the first sales of residences, which were notably sold in record time, attracting buyers from around the globe.

National Trust for Historic Preservation and American Express Seeking Applications for Fourth Year of "Backing Historic Small Restaurants" Program

Retrieved on: 
Monday, March 18, 2024

WASHINGTON, March 18, 2024 /PRNewswire/ -- The National Trust for Historic Preservation and American Express announced that applications are open for the fourth installment of the "Backing Historic Small Restaurants Program."

Key Points: 
  • WASHINGTON, March 18, 2024 /PRNewswire/ -- The National Trust for Historic Preservation and American Express announced that applications are open for the fourth installment of the "Backing Historic Small Restaurants Program."
  • The grant program is funded by American Express and administered by the National Trust for Historic Preservation.
  • "American Express is responding to this need by doubling the number of grants offered to support 50 historic small restaurants."
  • Following the success in the U.S., the Backing Historic Small Restaurant program has grown internationally with the "Backing International Small Restaurants" grant program.

SOUTHWEST AIRLINES ANNOUNCES EXECUTIVE LEADERSHIP CHANGES

Retrieved on: 
Friday, March 15, 2024

DALLAS, March 15, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced recent Leadership updates across the Company.

Key Points: 
  • DALLAS, March 15, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced recent Leadership updates across the Company.
  • These changes are effective immediately and represent a continuation of the organizational structure work at Southwest Airlines® that began in September 2022 and has continued into 2024.
  • Before Southwest Airlines, Dayton worked as a Director of Consulting at several companies, including PeopleSoft, i2 Technologies, and Oracle.
  • "The biggest thing that makes us 'us' is our People, and the unique and unrivaled Hospitality they deliver," Bob Jordan , Southwest Airlines President & Chief Executive Officer said.