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SH HOTELS & RESORTS EMBARKS ON A MAJOR GLOBAL EXPANSION

Retrieved on:

Thursday, January 18, 2024

Silicon, CO2, Biophilia, Taste, UNESCO, Architecture, Tree house, Heart, Health, Collection, Najdi, City, Baccarat, Imagination, Wellness, History, Land's End, LOI, Travel, Seine, Yarra River, Creativity, Gare, System, Tourism, Nature, Growth

MIAMI, Jan. 18, 2024 /PRNewswire/ -- Reinforcing its position as a leader in the purpose-driven luxury and lifestyle hotel segment, SH Hotels & Resorts—founded by hospitality visionary Barry Sternlicht—is embarking on a significant worldwide expansion of its portfolio across four continents and 13 countries and territories. With more than 30 hotels and branded residential projects open and in the pipeline, plus a number of deals in the LOI stage, SH Hotels & Resorts is shaping the future of hospitality by creating transformative spaces and experiences across some of the world's most dynamic hotel brands: 1 Hotels, Baccarat Hotels, and Treehouse Hotels. This growth underscores the company's commitment to experiential luxury, trailblazing design, sustainability, and cutting-edge technology.

Key Points:

We're growing in markets where our guests seek out the experiences that we excel at providing," says Raul Leal, CEO of SH Hotels & Resorts.
"Our commitment is to ensure that SH Hotels & Resorts remains synonymous with innovation, sustainability, and unparalleled guest experiences."
Tapping into state-of-the-art technology, SH Hotels & Resorts enhances guest experiences, offering personalized luxury that adapts to individual preferences.
And as SH Hotels & Resorts looks to the future, it remains devoted to its principles of sustainability.

SH HOTELS & RESORTS EMBARKS ON A MAJOR GLOBAL EXPANSION

Retrieved on:

Thursday, January 18, 2024

MIAMI, Jan. 18, 2024 /PRNewswire/ -- Reinforcing its position as a leader in the purpose-driven luxury and lifestyle hotel segment, SH Hotels & Resorts—founded by hospitality visionary Barry Sternlicht—is embarking on a significant worldwide expansion of its portfolio across four continents and 13 countries and territories. With more than 30 hotels and branded residential projects open and in the pipeline, plus a number of deals in the LOI stage, SH Hotels & Resorts is shaping the future of hospitality by creating transformative spaces and experiences across some of the world's most dynamic hotel brands: 1 Hotels, Baccarat Hotels, and Treehouse Hotels. This growth underscores the company's commitment to experiential luxury, trailblazing design, sustainability, and cutting-edge technology.

Key Points:

We're growing in markets where our guests seek out the experiences that we excel at providing," says Raul Leal, CEO of SH Hotels & Resorts.
"Our commitment is to ensure that SH Hotels & Resorts remains synonymous with innovation, sustainability, and unparalleled guest experiences."
Tapping into state-of-the-art technology, SH Hotels & Resorts enhances guest experiences, offering personalized luxury that adapts to individual preferences.
And as SH Hotels & Resorts looks to the future, it remains devoted to its principles of sustainability.

Port Houston Community Grants Program Application Period Opens February 1

Retrieved on:

Tuesday, January 16, 2024

Education, Professional Services, Other Transport, Philanthropy, Maritime, Other Philanthropy, Transport, Other Professional Services, Logistics, Supply Chain Management, Finance, Continuing, Organization, Workforce, LOI, CGP

Port Houston has announced the start of the application period for its Community Grants Program (CGP), beginning February 1.

Key Points:

Port Houston has announced the start of the application period for its Community Grants Program (CGP), beginning February 1.
Port Houston is dedicated to supporting and helping improve the communities around the Houston Ship Channel.
Its Community Grants Program focuses on investing resources into meaningful projects and programs in our area.
Interested non-profits may access more information about Port Houston’s 2024 Community Grants Program, including dates, times, and links to the workshops, which can be found at https://porthouston.com/community/outreach/community-grants-program/

Horizon Aircraft Enters into Letter of Intent to Purchase $250M of Cavorite X7 Aircraft, with an Option for up to $500M

Retrieved on:

Tuesday, January 16, 2024

Aircraft, Partnership, Vertical, LOI, Travel, Atmosphere, Advanced Air Mobility, Airline

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that it has entered into a Letter of Intent (“LOI”) with JetSetGo, a regional air operator servicing multiple mission profiles.

Key Points:

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, announced today that it has entered into a Letter of Intent (“LOI”) with JetSetGo, a regional air operator servicing multiple mission profiles.
This LOI allows JetSetGo to purchase 50 Cavorite X7 Aircraft at a purchase price up to $5M USD per aircraft for a total aggregate consideration of $250M USD, with an option to purchase an additional 50 aircraft for a total possible consideration of $500M USD.
We are confident that our Cavorite X7 eVTOL will operate sustainably and profitably across India as well as many other global locations.
This partnership will help JetSetGo profitably enter new markets by leveraging the versatility of the Cavorite platform to bring about the vision of Advanced Air Mobility in India.”

WELL Health Provides Business Update Demonstrating Focus on Profitable and Capital Efficient Growth

Retrieved on:

Tuesday, January 16, 2024

OceanMD continues its successful growth journey and has started its work with the PHSA in British Columbia.

Key Points:

OceanMD continues its successful growth journey and has started its work with the PHSA in British Columbia.
This has caused an unprecedented growth in the inbound interest in our owned and operated patient care business leading to an acceleration in our organic growth.
WELL's clinic recruitment and absorption program has demonstrated substantial growth and capital efficiency.
This is part of WELL's clinic recruitment and absorption program, which has made significant contributions to WELL's organic growth and reflects WELL's discipline regarding capital allocation.

Target Capital Inc. and Grafton Ventures Energy Holdings Corp. Enter Into a Letter of Intent for Proposed Business Combination and Equity Financing for Resulting Issuer Westgate Energy Inc.

Retrieved on:

Thursday, January 11, 2024

Private, TCI, Permeability, Bookrunner, Canaccord Genuity, Transaction, NEX, Executive, LOI, Killam, Porosity, Growth

CALGARY, Alberta, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Target Capital Inc. (“TCI”) (NEX: TCI.H) and Grafton Ventures Energy Holdings Corp. (“Grafton”) are pleased to announce that they have entered into a non-binding letter of intent (the “LOI”) to complete a business combination transaction (the “Transaction”) that will result in the reverse take-over of TCI by Grafton. Upon completion of the Transaction, TCI will carry on the oil and gas exploration and production business of Grafton under the name “Westgate Energy Inc.” (the “Resulting Issuer” or “Westgate”). The LOI was negotiated at arm’s length and is dated January 11, 2024.

Key Points:

Upon completion of the Transaction, TCI will carry on the oil and gas exploration and production business of Grafton under the name “Westgate Energy Inc.” (the “Resulting Issuer” or “Westgate”).
The LOI was negotiated at arm’s length and is dated January 11, 2024.
a brokered private placement (the “Brokered Private Placement”) for minimum aggregate gross proceeds of $5.0 million.
Grafton was incorporated under the laws of the Province of Alberta and has been operating since March 8, 2021.
Grafton currently has operations in the Killam and Richdale areas of Eastern Alberta and is focused on oil development within the emerging Mannville Stack fairway of Eastern Alberta and Western Saskatchewan.

Ascent Solar Technologies, Inc. Announces Letter of Intent to Supply Yearly Solar Array Orders to a Private Company Starting in 2027

Retrieved on:

Tuesday, January 9, 2024

Silicon, LOI, CIGS, ASTI, Aviation, Engineering, Ascent, Renewable energy

Ascent plans to continue increasing the conversion efficiencies of its products in order to deliver superior value to this potential customer and others.

Key Points:

Ascent plans to continue increasing the conversion efficiencies of its products in order to deliver superior value to this potential customer and others.
Ascent’s Space HDK line of products are built with Titan modules , the company’s standard modular building block producing over 2kW of power per kilogram on-orbit and will be available for 2024 customer deliveries.
The enhanced modules for this customer will be modified to enable solar arrays to reliably generate more power for longer.
“Ascent already manufactures some of the lightest PV products on the market, all of which are an order of magnitude lighter than silicon alternatives, the primary competition for space solar,” said Paul Warley, CEO of Ascent Solar Technologies.

OriginClear’s Water On Demand In Strategic Partnership with the Intent to Acquire Manufacturer for its Proprietary Modular Products

Retrieved on:

Wednesday, January 10, 2024

View the full release here: https://www.businesswire.com/news/home/20240110217200/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240110217200/en/
“Modular Water Systems (MWS) has tremendous growth potential due to its highly standardized, modular line of products.
The MOU enhances the strategic relationship and enables MWS to build its complete water systems right where the enclosures are manufactured, for maximum efficiency and speed.
“Modular Water Systems has tremendous growth potential due to its highly standardized, modular line of products.
“The solution is to let businesses treat and even recycle their own water, making better use of scarce fresh water.

Private Market Labs Opens New Pathway for Small Businesses Buying and Selling in 2024

Retrieved on:

Wednesday, January 10, 2024

Database, Small Business Administration, DUE, AI, Sale, LOI, Acquisition, NAICS, Small business, Cryptocurrency

AUSTIN, Texas, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Economic conditions are converging to make 2024 the best year yet to buy a small business: professionals are looking for flexibility and ownership; business owners are retiring in growing numbers; and new rule changes from the Small Business Administration will make it easier than ever to creatively finance a small business acquisition. Technology is also making this opportunity more accessible. In particular, Private Market Labs, the AI platform providing the most efficient method for acquiring small businesses, stands out for its work facilitating M&A transactions. As 2024 kicks off, Private Market Labs new service makes the ability to successfully acquire a small business much easier.

Key Points:

In particular, Private Market Labs , the AI platform providing the most efficient method for acquiring small businesses, stands out for its work facilitating M&A transactions.
As 2024 kicks off, Private Market Labs new service makes the ability to successfully acquire a small business much easier.
"Private Market Labs is built on the premise that technology can help facilitate a larger, more accessible, and more inclusive marketplace for small business acquisitions," said Josh Levine, CEO and co-founder of Private Market Labs.
Private Market Labs connects a broad audience of people looking to invest in small businesses with a network of brokers.

HILCO REAL ESTATE ANNOUNCES THE SALE OF ONE OF THE LAST REMAINING DEVELOPMENT SITES WITHIN KANSAS CITY'S POWER & LIGHT DISTRICT LOCATED IN KANSAS CITY, MO

Retrieved on:

Tuesday, January 9, 2024

NORTHBROOK, Ill., Jan. 9, 2024 /PRNewswire/ -- Hilco Real Estate, LLC , announces February 15, 2024, as the bid deadline for this premier development opportunity in the heart of Kansas City's Power & Light District.

Key Points:

NORTHBROOK, Ill., Jan. 9, 2024 /PRNewswire/ -- Hilco Real Estate, LLC , announces February 15, 2024, as the bid deadline for this premier development opportunity in the heart of Kansas City's Power & Light District.
This one-acre site sits on the southwest side of the desirable Power & Light District, an area that has become the cultural hub of the Midwest.
By the numbers, Kansas City welcomes over 10 million visitors a year and the Power & Light District is now home to over 32,000 residents and counting.
Interested bidders should review the requirements to participate in the sale process, which are available on Hilco Real Estate's website .