Destinations

Trinity Investments and Partners Group Acquire The Scottsdale Plaza Resort & Villas

Retrieved on:

Monday, April 8, 2024

Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, Destinations, Travel, REIT, Friends, Partner, Growth, The Ritz-Carlton Hotel Company, Partnership, Resort, Acquisition, Partners Group, Family, Hotel

A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.

Key Points:

A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.
The Scottsdale Plaza Resort & Villas features 404 rooms spread across the central hotel and surrounding villa suites, as well as 50,000 square feet of meeting space.
“The Scottsdale Plaza Resort & Villas is a prime example of an excellent property coming to market in need of a significant capital investment from a partnership like Trinity and Partners Group that can deliver a development plan for future growth,” said Sean Hehir, Managing Partner, President, and CEO of Trinity.
“Trinity has been an excellent partner in creating, managing and delivering additional value on our joint investments,” said Jason Longo, Senior Investment Leader, Partners Group.

WorldVue Announces Chris Coles as Chief Business Development Officer

Retrieved on:

Tuesday, April 9, 2024

WorldVue® , the trusted provider of video, digital infrastructure, wireless connectivity, and professional services to guest-centric properties worldwide, announced the appointment of Chris Coles as Chief Business Development Officer.

Key Points:

WorldVue® , the trusted provider of video, digital infrastructure, wireless connectivity, and professional services to guest-centric properties worldwide, announced the appointment of Chris Coles as Chief Business Development Officer.
View the full release here: https://www.businesswire.com/news/home/20240404863536/en/
WorldVue Announces Chris Coles as Chief Business Development Officer (Photo: Business Wire)
Coles’ visionary approach places innovation at the core, targeting enhancements in network services, business models and applications.
"The past year has marked a period of remarkable growth and achievements for WorldVue, and welcoming Chris to the team brings a new level of expertise and perspective to our global initiatives,” said Robert Grosz, President and Chief Operating Officer, WorldVue.
I’m honored to join the team and further support the company’s mission of providing cutting-edge technology to valued customers worldwide,” said Coles, Chief Business Development Officer.

eDreams ODIGEO's AI Decade-long Strategy Proves Forward-thinking: 82% of US Consumers Today Embrace AI for Travel, Research Reveals

Retrieved on:

Thursday, April 4, 2024

Commissioned by the Company, new external market research with 10,000 global shoppers, reveals widespread endorsement and appreciation of Artificial Intelligence (AI) among today's online shoppers, particularly among younger generations.

Key Points:

Commissioned by the Company, new external market research with 10,000 global shoppers, reveals widespread endorsement and appreciation of Artificial Intelligence (AI) among today's online shoppers, particularly among younger generations.
The findings further validate eDreams ODIGEO's early commitment to an AI-first approach, showcasing its strategic foresight and alignment with the digital evolution of consumers.
As well as being more inclined to use AI for travel, the research highlights how younger people exhibit greater awareness and appreciation of AI.
The statistics in this press release are based on a survey of 10,000 global consumers carried out by research firm OnePoll.

Sanofi Announces Launch of Verorab® (Sanofi Inactivated Rabies Vaccine) in the UK for Pre-exposure and Post-exposure Prophylaxis of Rabies in All Age Groups

Retrieved on:

Friday, April 5, 2024

Sanofi (EURONEXT: SAN and NASDAQ: SNY) has today announced the launch of Verorab® (Sanofi Inactivated Rabies Vaccine) in the UK, an inactivated rabies vaccine indicated for pre-exposure and post-exposure prophylaxis of rabies in all age groups.1

Key Points:

Sanofi (EURONEXT: SAN and NASDAQ: SNY) has today announced the launch of Verorab® (Sanofi Inactivated Rabies Vaccine) in the UK, an inactivated rabies vaccine indicated for pre-exposure and post-exposure prophylaxis of rabies in all age groups.1
This launch is based on extensive clinical data from over 13,000 individuals.1 Sanofi Inactivated Rabies Vaccine has been approved and widely used in more than 80 countries.2 It is estimated that between 41 and 70 million individuals have received the vaccine since its first licensure in May 1985, in France.2
Rabies is nearly always fatal once symptoms appear, but can be preventable with vaccination3
Each year, an estimated 59,000 people worldwide die from rabies.4 That’s one person every nine minutes of every day3, with approximately 95% of deaths occurring in Asia and Africa.3,4,5 Individuals travelling to these countries should be aware of the risk of rabies and take the appropriate precautionary measures.
Rebecca Catterick, UK and Ireland Sanofi Vaccines General Manager, said:
“Rabies is a fatal, travel-related vaccine-preventable disease.
The availability of Verorab® in the UK provides an effective immunisation option for those travelling to high-risk countries, as well as a treatment for post-rabies exposure.”
Joanna Lowry, Specialist Travel Nurse & Educator, said:
“I am always surprised by the number of British travellers I meet who are unaware of the risk of rabies.
Increasing awareness and sharing education on preventative measures is crucial to help reduce the possibility of this devastating disease.”
Rabies is primarily transmitted by the bite, scratch, or lick of a rabid animal, 99% of which are by dogs, but can also be other wildlife, such as foxes or bats.6

Hyatt Announces Timing of First Quarter 2024 Earnings Release and Investor Conference Call

Retrieved on:

Thursday, April 4, 2024

Transport, Vacation, Lodging, Destinations, Travel, Other Transport, Webcast

Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release first quarter 2024 financial results on Thursday, May 9, 2024, before the stock market opens, followed by a conference call at 9:00 a.m. CT.

Key Points:

Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release first quarter 2024 financial results on Thursday, May 9, 2024, before the stock market opens, followed by a conference call at 9:00 a.m. CT.
Participants are encouraged to listen to a simultaneous webcast of the conference call, accessible through the Company’s website at investors.hyatt.com.
An archive of the webcast will be available on the Company’s website for 90 days.
Alternatively, participants may access the live call by dialing:
Participants should dial into the call at least fifteen minutes prior to the scheduled start time.

Ikon Pass Adds Renowned St. Moritz in Switzerland for Winter 24/25

Retrieved on:

Thursday, April 4, 2024

Skiing, Snowboarding, Sports, Other Travel, Outdoors, Vacation, Destinations, Travel, Protect Our Winters, Winter Olympic Games, Piz Corvatsch, The North Face, Pass, Blender, Business development, Alterra Mountain Company, Tourism

Ikon Pass welcomes St. Moritz to the Ikon Pass community for winter 24/25, joining Zermatt in Switzerland for a total of six incredible European destinations.

Key Points:

Ikon Pass welcomes St. Moritz to the Ikon Pass community for winter 24/25, joining Zermatt in Switzerland for a total of six incredible European destinations.
April 18, 2024 is the last day to score your Ikon Pass at spring’s lowest prices; prices go up $110 and savings end.
Ikon Pass now offers access to 59 global destinations and spring skiing at select destinations across North America.
“As an alpine icon and birthplace of winter tourism, St. Moritz is excited to join the Ikon Pass community.

Trinity Investments, Funds Managed by Oaktree Capital Management, and Funds Managed by UBS Asset Management Acquire Park Hyatt Zurich

Retrieved on:

Thursday, April 4, 2024

Construction & Property, Lodging, Finance, Destinations, Asset Management, Travel, Professional Services, REIT, Market, Growth, Partnership, UBS, Acquisition, Food, Resorts World, Heart, Investment, Oaktree Capital Management, Hotel

A joint partnership among Trinity Investments (“Trinity”), funds managed by Oaktree Capital Management (“Oaktree”), and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business (“UBS AM REPM MM”) has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements.

Key Points:

A joint partnership among Trinity Investments (“Trinity”), funds managed by Oaktree Capital Management (“Oaktree”), and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business (“UBS AM REPM MM”) has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements.
The joint partnership purchased the hotel from an affiliate of Hyatt Hotels Corporation, and the hotel will remain branded as Park Hyatt Zurich under a long-term management agreement with Hyatt.
Park Hyatt Zurich occupies a prime island plot in the heart of Zurich’s central business district.
“The Park Hyatt Zurich is the perfect launch of Trinity’s business model into Europe,” said Ryan Donn, Managing Partner of Trinity Investments.

Despegar Celebrates 25 Years Transforming Latin America’s Travel Industry Through Innovation

Retrieved on:

Thursday, April 4, 2024

Apps, Applications, Technology, Mobile, Wireless, Lodging, Destinations, Vacation, Travel, Artificial Intelligence, Cruise, B2B, Latin Americans, Bell

Since its founding, Despegar has been revolutionizing Latin America’s travel industry through technology.

Key Points:

Since its founding, Despegar has been revolutionizing Latin America’s travel industry through technology.
Throughout the Company’s history, it has been the undisputed leader of online travel in the region.
Most recently, Despegar launched SOFIA, an AI-powered travel assistant that rapidly, easily and seamlessly assists customers with planning, booking and managing bespoke trips, representing a significant technology leap in online travel.
Damián Scokin, CEO of Despegar, said: "Despegar’s 25-year history is one of consistent technology and product innovations to make travel easier and affordable for Latin Americans.

Corona Announces Global Partnership with Tripadvisor to Encourage Travel to Nature

Retrieved on:

Thursday, April 4, 2024

Corona, an AB InBev global brand, is once again putting its passion for nature into practice, through a global partnership with Tripadvisor, the world’s largest digital travel community.

Key Points:

Corona, an AB InBev global brand, is once again putting its passion for nature into practice, through a global partnership with Tripadvisor, the world’s largest digital travel community.
Together, Corona and Tripadvisor will share new opportunities and recommendations that inspire people to disconnect and spend more time outdoors.
To help make that travel a reality, Corona is powering discounts for those who want to book their nature-fueled experiences.
* Users can also access the 2024 Corona Sunsets Festival World Tour, a global festival series, and book curated travel packages.

flyExclusive Announces Partnership with Inspirato

Retrieved on:

Thursday, April 4, 2024

Luxury, Air, Transport, Transportation, Lodging, Retail, Destinations, Vacation, Travel, Partnership, Housekeeping, ISPO

flyExclusive , Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”) a publicly-traded provider of premium private jet charter experiences, today announced a partnership with Inspirato Incorporated (NASDAQ: ISPO) (“Inspirato”) to offer eligible fractional owners and Jet Club members exclusive Inspirato Travel Membership benefits.

Key Points:

flyExclusive , Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”) a publicly-traded provider of premium private jet charter experiences, today announced a partnership with Inspirato Incorporated (NASDAQ: ISPO) (“Inspirato”) to offer eligible fractional owners and Jet Club members exclusive Inspirato Travel Membership benefits.
“Inspirato and flyExclusive share in the mission to provide clients the best customer service experience possible and this unique offering furthers our dedication to that mission.”
As part of the partnership, eligible flyExclusive fractional owners and Jet Club members will be granted one 12-month complimentary Inspirato “Travel Membership,” allowing participants to book luxury travel experiences without paying a membership fee.
flyExclusive will also provide Inspirato members the opportunity to activate one six-month complimentary Jet Club membership and offer flight credit for any Inspirato member who becomes a flyExclusive fractional owner.
"We are thrilled about our partnership with flyExclusive," said Eric Grosse, Chief Executive Officer of Inspirato.