WILMINGTON, Ohio–(BUSINESS WIRE)–Air Transport Services Group, Inc. (NASDAQ:ATSG) said today that its subsidiary, LGSTX Services, Inc., has been awarded a contract with the U.S. Postal Service to design, install and operate a Surface Transfer Center (STC) in Aurora, IL. The STC facility provides an automated capability for sorting and consolidating US postal products before further …
Category: Travel
Condor Hospitality Trust Reports Fourth Quarter and Fiscal Year 2019 Results
BETHESDA, Md.–(BUSINESS WIRE)–Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the fourth quarter ended December 31, 2019. FOURTH QUARTER AND FISCAL YEAR 2019 RELEASE FINANCIAL HIGHLIGHTS Revenue of $61.1 million in Fiscal Year 2019 including $0.3 million from Legacy Hotels, Decreased 6.2% from $65.1 million of Revenue in Fiscal Year …
Keio Plaza Hotel Tokyo Offers Strawberry Dessert Buffet Implementing Precautionary Measures Regarding the Coronavirus
TOKYO–(BUSINESS WIRE)–#hotel—Keio Plaza Hotel Tokyo (KPH) Tokyo, one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, has been hosting a special dessert buffet entitled “Strawberry Dessert Buffet” for three months at our All Day Dining Restaurant “Jurin” on the second floor of our Hotel. Due to the popularity of this event, we have …
Hilton Grand Vacations Provides Additional COVID-19 Business Update
Highlights Strong Liquidity Position and Financial Flexibility ORLANDO, Fla.–(BUSINESS WIRE)–Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today provides an update on its business in response to the rapidly evolving situation surrounding the COVID-19 pandemic. Business Update and Mitigation Initiatives In light of the growing number of local, state, federal, and international travel restrictions …
Civeo Receives Continued Listing Standard Notice from NYSE
HOUSTON–(BUSINESS WIRE)–Civeo Corporation (NYSE: CVEO) today announced that on March 27, 2020, Civeo was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of its common shares over a consecutive 30-day trading period had fallen below $1.00 per share, which is the minimum average closing …
Target Hospitality Provides Business Update Amidst Rapidly Evolving COVID-19 Situation and Global Uncertainties
THE WOODLANDS, Texas–(BUSINESS WIRE)–Target Hospitality Corp. (“Target Hospitality”, “Target” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty hospitality accommodations with premium catering and value-added hospitality services in the U.S., today is providing the following business updates as a result of the recent volatility in global financial and commodity markets, created by the …
BBX Capital Corporation Provides Business Update
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital” or the “Company”) is providing information on the impact of the COVID-19 pandemic on certain of its businesses and certain actions that have been taken in response to the pandemic. While BBX Capital and its subsidiaries have each been impacted by the COVID-19 …
Bluegreen Vacations Corporation Provides Business Update
BOCA RATON, Fla.–(BUSINESS WIRE)–Bluegreen Vacations Corporation (NYSE: BXG) (“Bluegreen” or the “Company”) announced today that as a result of the COVID-19 pandemic, including current and anticipated travel restrictions and restrictions on business operations, the Company has temporarily closed until further notice all of its VOI sales centers; its retail marketing operations at Bass Pro Shops; …
Brexit’s Impact on Tourism: 2020 Thematic Research Report – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Brexit’s Impact on Tourism (Vol.II) – Thematic Research” report has been added to ResearchAndMarkets.com’s offering. Brexit is one of the most important and controversial political stories of recent times. Adjustments to a different way of life will extend far and beyond December 2020. This thematic research report takes an in-depth look at how …
Viad Corp Declares Dividend Distribution of Preferred Stock Purchase Rights
PHOENIX–(BUSINESS WIRE)–The Viad Corp (NYSE: VVI) Board of Directors announced today that it has adopted a short-term stockholder rights plan, which is scheduled to expire on February 28, 2021. In light of the recent market volatility, our Board believes that the rights plan will help promote the fair and equal treatment of all Viad shareholders …
MGM RESORTS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of MGM Resorts International – MGM
NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into MGM Resorts International (NYSE: MGM). On February 20, 2020, the Company disclosed that it was the victim of a data breach discovered …
Statement from JetBlue CEO Robin Hayes on the Coronavirus Aid, Relief and Economic Security (CARES) Act
NEW YORK–(BUSINESS WIRE)–JetBlue (NASDAQ: JBLU) CEO Robin Hayes today issued the following statement: “JetBlue applauds President Trump, his Administration and the bipartisan leadership in Congress for coming together to swiftly pass and enact the CARES Act, a bill critical to the future of not just of our aviation industry but our entire country. This historic …
eCOMM Merchant Solutions Helps Bring Home 700 Irish People Stranded in Australia
Quick action by two Irish companies enables hundreds to leave Australia amid COVID-19 crisis and return home NAVAN, Ireland–(BUSINESS WIRE)–#Coronavirus–At 2.10pm yesterday eCOMM Merchant Solutions was contacted by their customer Hannon Travel, who had an urgent request. Hannon Travel, working with Avalon aircraft leasing, were in touch with The Department of Foreign Affairs and Trade …
LA Hotels Offer 10,000 Rooms as Temporary Shelter for Those in Need
Hotel Shelter-In-Place Support Unprecedented in Response to Coronavirus LOS ANGELES–(BUSINESS WIRE)–More than 115 hotels throughout Los Angeles County have volunteered their hotels to the County Public Health Department, providing access to more than 10,000 rooms as temporary shelter to support the COVID-19 response, the Hotel Association of Los Angeles announced today. The unprecedented response by …
Global Travel Management Industry (2019 to 2024) – Insights for Optimization of Category Spend – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Travel Management Industry – Procurement Market Intelligence Report” report has been added to ResearchAndMarkets.com’s offering. This report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects …
Hilton Corporate Response to COVID-19
MCLEAN, Va.–(BUSINESS WIRE)–The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE: HLT) is taking decisive action to protect the core of its business and support affected Team Members until this crisis passes and travel resumes. With travel at a virtual standstill, operations …
Chatham Lodging Trust Implements Plan to Mitigate COVID-19 Impact
WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 134 hotels wholly or through joint ventures, today announced actions it is taking to address the operating and financial impact of the COVID-19 (coronavirus) pandemic. “The hotel …
Preorder SpendEdge’s Travel Agency Market Procurement Intelligence Report to Know About the Risk Mitigation Measures That Will Help You to Achieve Risk-free Procurement Despite the Current Market Uncertainties
LONDON–(BUSINESS WIRE)–#MarketIntelligence–SpendEdge, a global procurement market intelligence firm, has announced the availability of its Global Travel Agency Market Procurement Intelligence Report for preorder. This report will serve as a one-stop reference guide for buyers to make informed and cost-optimized procurement decisions in the travel agency market. There is no doubting the fact that the global …
Park Hotels & Resorts Inc. Provides Additional Update on COVID-19 Measures
TYSONS, Va.–(BUSINESS WIRE)–$PK #pk–Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) today announced an update on measures it is taking, independently and in coordination with its hotel management companies, to mitigate the effect on its business from the national emergency that has arisen as a result of the COVID-19 virus. The updates …
Marcus Hotels & Resorts Announces Updates to Current Operations
The Company Will Temporarily Close the Hilton Milwaukee City Center, Saint Kate – The Arts Hotel, Grand Geneva Resort & Spa, The Skirvin Hilton Hotel and The Lincoln Marriott Cornhusker Hotel MILWAUKEE–(BUSINESS WIRE)–Marcus Hotels & Resorts®, a division of The Marcus Corporation (NYSE:MCS), is temporarily closing a select number of properties across its portfolio. This …