Other Travel

Hilton Announces Second Quarter 2020 Earnings Release Date

Thursday, July 9, 2020 - 10:00pm

Hilton Worldwide Holdings Inc. (NYSE: HLT) will report second quarter 2020 financial results prior to the stock market open on Thursday, August 6, 2020, followed by a conference call at 10:00 a.m. Eastern Time.

Key Points: 
  • Hilton Worldwide Holdings Inc. (NYSE: HLT) will report second quarter 2020 financial results prior to the stock market open on Thursday, August 6, 2020, followed by a conference call at 10:00 a.m. Eastern Time.
  • Participants may listen to the live webcast by logging onto the Hilton Investor Relations website at https://ir.hilton.com/events-and-presentations .
  • A replay and transcript of the webcast will be available within 24 hours of the live event at https://ir.hilton.com/financial-reporting/quarterly-results/2020 .
  • Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook , Twitter , LinkedIn , Instagram and YouTube .

Hyatt to Expand Alila Brand in Americas With First New-Build Resort

Thursday, July 9, 2020 - 2:00pm

Developed by JMI Realty and Fenway Capital Advisors, Alila Marea Beach Resort Encinitas will add to Hyatts growing Alila brand portfolio, joining Ventana Big Sur, an Alila Resort, as the brands second hotel in California and the U.S., along with 14 other luxury properties worldwide.

Key Points: 
  • Developed by JMI Realty and Fenway Capital Advisors, Alila Marea Beach Resort Encinitas will add to Hyatts growing Alila brand portfolio, joining Ventana Big Sur, an Alila Resort, as the brands second hotel in California and the U.S., along with 14 other luxury properties worldwide.
  • (Photo: Business Wire)
    We are thrilled to announce the development of the first new-build Alila resort in the Americas, marking a significant milestone for Hyatt.
  • The Alila brand has long been a leader in crafted luxury and responsible tourism, and Alila Marea Beach Resort Encinitas will embody that same ethos when it debuts in Southern California.
  • The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences, vacation ownership properties, and fitness and spa locations, including under the Park Hyatt, Miraval, Grand Hyatt, Alila, Andaz, The Unbound Collection by Hyatt, Destination, Hyatt Regency, Hyatt, Hyatt Ziva, Hyatt Zilara, Thompson Hotels, Hyatt Centric, Caption by Hyatt, Joie de Vivre, Hyatt House, Hyatt Place, tommie, Hyatt Residence Club and Exhale brand names, and operates the World of Hyatt loyalty program that provides distinct benefits and exclusive experiences to its valued members.

AppTek Launches Two New Mobile Applications to Help Consumers Address Multi-Lingual Communication and Collaboration Challenges in Real-Time

Thursday, July 9, 2020 - 2:03pm

AppTek Speech Translate is a two-way speech communication application that offers conversational real-time streaming speech-to-speech translation using the latest in artificial intelligence and machine learning for Neural Machine Translation, Automatic Speech Recognition and Text-to-Speech technologies.

Key Points: 
  • AppTek Speech Translate is a two-way speech communication application that offers conversational real-time streaming speech-to-speech translation using the latest in artificial intelligence and machine learning for Neural Machine Translation, Automatic Speech Recognition and Text-to-Speech technologies.
  • AppTek Speech Translate allows users to:
    Access 100 pre-loaded offline phrases to help in Emergency, Medical, Transportation, and Dining situations
    AppTek Speech Transcribe is designed to simplify the transcription experience for consumers while providing superior accuracy.
  • For a limited time, both applications are available on the App Store at no cost.
  • AppTek is a global leader in artificial intelligence (AI) and machine learning (ML) technologies for automatic speech recognition (ASR), neural machine translation (NMT), and natural language understanding (NLU).

Park Assist® Introduces its New Cloud-Based Software Platform: INX™

Thursday, July 9, 2020 - 1:59pm

Park Assist announces the introduction of its latest software innovation, INX.

Key Points: 
  • Park Assist announces the introduction of its latest software innovation, INX.
  • As the INX Standard Platform is included with every Park Assist installation, it is already being offered to all new customers.
  • Park Assist is the parking industrys leading camera-focused innovator with the most camera-based parking guidance installations in the world.
  • Park Assist is part of the TKH Group (Euronext: TWEKA), a $1.8 billion publicly traded company headquartered in the Netherlands.

Eldorado Resorts and Caesars Entertainment Announce Election Deadline for Caesars Stockholders to Elect Merger Consideration

Thursday, July 9, 2020 - 1:30pm

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) and Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars or Caesars Entertainment) today announced that, in connection with the previously announced merger (the Merger) of Caesars with a subsidiary of Eldorado, the deadline for Caesars stockholders to elect the form of merger consideration they wish to receive in the transaction has been set for 5:00 p.m., New York time, July 16, 2020 (the Election Deadline).

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) and Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars or Caesars Entertainment) today announced that, in connection with the previously announced merger (the Merger) of Caesars with a subsidiary of Eldorado, the deadline for Caesars stockholders to elect the form of merger consideration they wish to receive in the transaction has been set for 5:00 p.m., New York time, July 16, 2020 (the Election Deadline).
  • There is no guarantee that Caesars stockholders will receive the Cash Election Consideration or the Stock Election Consideration in the amounts that they elect.
  • Caesars stockholders failing to make a valid election by the Election Deadline will be considered no election stockholders and will have their Caesars shares converted into the right to receive the Cash Election Consideration, the Stock Election Consideration or a combination of both depending on the elections made by other Caesars stockholders according to the proration procedures specified in the Merger Agreement.
  • Caesars stockholders are urged to consult their tax advisors for a full understanding of the tax consequences of exchanging Caesars shares for the Cash Election Consideration and/or Stock Election Consideration.

Burden of COVID-19 on the Market & Rehabilitation Plan | Travel Technologies Market 2019-2023 | Growing Adoption of RPA to Boost Growth | Technavio

Thursday, July 9, 2020 - 10:00am

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.
  • The growing adoption of RPA has been instrumental in driving the growth of the market.

Eldorado Resorts Secures Approval From Nevada Gaming Control Board and Nevada Gaming Commission in Connection With Its Pending Acquisition of Caesars Entertainment

Wednesday, July 8, 2020 - 9:54pm

Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Nevada Gaming Control Board and the Nevada Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to customary conditions.

Key Points: 
  • Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado or the Company) announced that at a meeting today, the Company received approval from the Nevada Gaming Control Board and the Nevada Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars), subject to customary conditions.
  • Caesars Entertainment is one of the world's most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company.
  • Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.
  • These forward-looking statements include, among others, statements regarding the timing and completion of the merger with Caesars Entertainment Corporation.

International WELL Building Institute Opens Enrollment for WELL Health-Safety Rating In Response to COVID-19 With Significant Early Adoption

Wednesday, July 8, 2020 - 6:18pm

The International WELL Building Institute (IWBI) announced that enrollment has opened today for the WELL Health-Safety Rating for Facility Operations and Management , with more than 100 organizations and real estate portfolios across the globe already enrolled.

Key Points: 
  • The International WELL Building Institute (IWBI) announced that enrollment has opened today for the WELL Health-Safety Rating for Facility Operations and Management , with more than 100 organizations and real estate portfolios across the globe already enrolled.
  • It also serves as an annual process that supports efforts to promote the long-term health and safety of people.
  • This new rating aims to meet the urgent need to deliver high health and safety standards in all of the spaces we occupy.
  • Demonstrating thought leadership and commitment to the health and safety of their stakeholder communities, the following leading organizations are among the first that have enrolled to achieve the WELL Health-Safety Rating:

Global Business Travel Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com

Wednesday, July 8, 2020 - 4:23pm

The "Business Travel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Business Travel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • The global business travel market grew at a CAGR of around 5% during 2014-2019.
  • Looking forward, the publisher expects the market to continue its moderate growth during the next five years.
  • Business travel, also known as corporate travel, is a journey explicitly undertaken for work purposes or to expand business operations.

The $1.6 Trillion Business Travel Industry, 2027 - ResearchAndMarkets.com

Wednesday, July 8, 2020 - 10:24am

The "Business Travel - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Business Travel - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Amid the COVID-19 crisis, the global market for Business Travel estimated at US$1.4 Trillion in the year 2020, is projected to reach a revised size of US$1.6 Trillion by 2027, growing at a CAGR of 2.7% over the analysis period 2020-2027.
  • This segment currently accounts for a 52.9% share of the global Business Travel market.
  • China, the world second largest economy, is forecast to reach an estimated market size of US$327 Billion in the year 2027 trailing a CAGR of 4.9% through 2027.