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News releases, reports, statements and associated documents from U.S. and international businesses.
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Unbound Collection By Hyatt Brand Debuts In Southeast Asia With The Opening Of Keraton At The Plaza In Indonesia
CHICAGO, Illinois, Dec. 28 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Dec. 27, 2024:
Hyatt Hotels Corporation (NYSE: H) announced today the opening of Keraton at The Plaza, a luxury hotel and distinguished address in Jakarta that reimagines Indonesia's royal palaces for the discerning traveller, offering access to an exclusive private club for dining and socializing. The opening also marks the debut of The Unbound Collection by Hyatt brand in Southeast Asia, with Keraton at The Plaza promising a story-worthy stay marked by personalized attention and intuitive
... Show Full Article
CHICAGO, Illinois, Dec. 28 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Dec. 27, 2024:
Hyatt Hotels Corporation (NYSE: H) announced today the opening of Keraton at The Plaza, a luxury hotel and distinguished address in Jakarta that reimagines Indonesia's royal palaces for the discerning traveller, offering access to an exclusive private club for dining and socializing. The opening also marks the debut of The Unbound Collection by Hyatt brand in Southeast Asia, with Keraton at The Plaza promising a story-worthy stay marked by personalized attention and intuitiveservice, as well as luxurious amenities inspired by Javanese traditions to curated culinary delicacies.
MODERN INDONESIAN FLAIR
Keraton at The Plaza offers 138 rooms and suites, featuring generous spaces from 688 square feet (64 square meters) with 12-foot-high ceilings (3.86 meters) and floor-to-ceiling windows. The hotel partnered with celebrated interior and design firm Hadiprana to incorporate modern Indonesian flair into the design. Exquisite renditions of batik kawung, one of the oldest batik patterns synonymous with the Javanese royals, were developed to distinguish the bed and TV panels in the guestrooms.
"Keraton at The Plaza reflects the beauty of Javanese royal palaces and cultures in a modern, elegant setting," expressed Parveen Kumar, General Manager of Keraton at The Plaza. "We seek to inspire our guests through tangible and intangible touchpoints, the distinctive splendor of the hotel design, the memorable service our colleagues bestow and the exclusive access to various guest privileges."
THE CLUB EXPERIENCE
Immersing guests in a world of luxury and care, Keraton at The Plaza offers all guests access to The Club on level 7, which provides an expansive dining area serving a la carte offerings for breakfast, lunch, afternoon tea and dinner/evening canapes. More than just a space to relax and dine, The Club invites guests to discover curated daily experiences, custom tea blends and thematic artwork by Hadiprana that highlights national talents. The artwork displayed at The Club isavailable for purchase. For guests hosting intimate gatherings, a sophisticated boardroom and an exclusive chef's table are also available, ensuring that each event is exquisitely lavish and private.
PRIME LOCATION
Situated within the vibrant Plaza Indonesia complex, Keraton at The Plaza places guests at the epicenter of Jakarta's thriving culture, entertainment and shopping scene. This central location enables seamless exploration of the city's diverse attractions and dynamic lifestyle.Aside from direct access to the Plaza Indonesia shopping mall, guests of Keraton at The Plaza are welcome to enjoy Grand Hyatt Jakarta's recreational facilities and renowned dining outlets such as Sumire, C's Steak & Seafood and Fountain Lounge. The connecting passage to Grand Hyatt Jakarta on the sixth floor of Keraton at The Plaza allows guests access to the wellness and leisure area, which includes the Club Olympus fitness center, a salt-chlorinated swimming pool, a lush Balinese garden, and two tennis courts. Additionally, guests can take advantage of seamless billing when dining at Grand Hyatt Jakarta. The enviable location, coupled with ease of service, makes Keraton at The Plaza an ideal hotel for the discerning traveller.
For more information, please visit keratonattheplaza.com and follow @keraton_attheplaza on Instagram and Facebook.
WORLD OF HYATT GIVES MEMBERS MORE REASONS TO STAY SOMEWHERE NEW
In celebration of the debut property of The Unbound Collection by Hyatt in Southeast Asia, World of Hyatt is providing members with even more ways to be rewarded by offering members the opportunity to earn a total of 1,500 Bonus Points for qualifying nights at Keraton at The Plaza, for stays from December 27th, 2024 and completed by March 31st, 2025. For more information, please visit www.keratonattheplaza.com
The term "Hyatt" is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
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About The Unbound Collection by Hyatt
More than a compilation of independent, one-of-a-kind hotels, The Unbound Collection by Hyatt brand is a thoughtful curation of stories worth collecting. Whether it's a modern marvel, a historic gem or a revitalizing retreat, each property provides thought-provoking environments and experiences that inspire for guests seeking elevated yet unscripted service when they travel. For a full list of hotels in the collection, visit unboundcollection.hyatt.com. Follow @UnboundxHyatt on Facebook and Instagram and tag your photos with #UnboundxHyatt.
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About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose - t- care for people s- they can be their best. As of June 30, 2024, the Company's portfoli- included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Vacation Club, Hyatt Place, Hyatt House, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval, Alila, Andaz, Thompson Hotels, Dream Hotels, Hyatt Centric, and Caption by Hyatt; the Independent Collection, including The Unbound Collection by Hyatt, Destination by Hyatt, and JdV by Hyatt; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva, Hyatt Zilara, Zoetry Wellness & Spa Resorts, Secrets Resorts & Spas, Breathless Resorts & Spas, Dreams Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts, and Sunscape Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt loyalty program, ALG Vacations, Mr & Mrs Smith, Unlimited Vacation Club, Amstar DMC destination management services, and Trisept Solutions technology services. For more information, please visit www.hyatt.com.
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Forward-Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, risks associated with the acquisition of Apple Leisure Group ("ALG"), including the related incurrence of material additional indebtedness; our ability to realize the anticipated benefits of the acquisition of ALG as rapidly or to the extent anticipated, including successful integration of the ALG business; the duration and severity of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and long-term effects of the COVID-19 pandemic, including on the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution and efficacy of COVID-19 vaccines and treatments, wide acceptance by the general population of such vaccines, and the availability, use, and effectiveness of COVID-19 testing, including at-home testing kits; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
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Original text here: https://newsroom.hyatt.com/news-releases?item=124580
[Category: BizTravel]
Netflix NFL Christmas Gameday Reaches 65 Million US Viewers
LOS GATOS, California, Dec. 28 -- Netflix, an Internet television network provider, issued the following news:
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Netflix delivers the two most streamed NFL games in US history with an average audience of over 24M viewers each, highlighted by Beyonce's epic halftime performance
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Christmas was a record-breaking day for Netflix and the NFL, with an unduplicated audience of nearly 65M US viewers according to Nielsen.
Ravens-Texans (24.3M AMA) and Chiefs-Steelers (24.1M AMA) are the most-streamed NFL games in US history, according to Nielsen.
US viewership for Ravens-Texans peaked with
... Show Full Article
LOS GATOS, California, Dec. 28 -- Netflix, an Internet television network provider, issued the following news:
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Netflix delivers the two most streamed NFL games in US history with an average audience of over 24M viewers each, highlighted by Beyonce's epic halftime performance
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Christmas was a record-breaking day for Netflix and the NFL, with an unduplicated audience of nearly 65M US viewers according to Nielsen.
Ravens-Texans (24.3M AMA) and Chiefs-Steelers (24.1M AMA) are the most-streamed NFL games in US history, according to Nielsen.
US viewership for Ravens-Texans peaked withBeyonce Bowl, with over 27 million viewers according to Nielsen.
AMA viewership figures are based on Fast National Live + Same Day data from Nielsen which includes out-of-home viewing and CBS local market viewing along with mobile and web data from Netflix and NFL+ mobile viewing from NFL.
Global ratings and additional US insights will be released on December 31, providing a comprehensive look at Netflix's NFL Christmas Gameday performance worldwide.
The second game of the Netflix Christmas doubleheader, Ravens-Texans, was the most-watched Christmas Day game on record among A18-34 with 5.1 million US viewers (based on Nielsen records dating back to 2001).
Netflix's Christmas Day games dominated global social conversation. #BeyonceBowl rocketed to the #1 worldwide trend on X immediately as her performance kicked off -- replacing #Christmas itself. Following her performance, Netflix occupied 10 of the top 12 trending topics on X in the US. #NFLonNetflix also trended around the world, reaching a peak of #2 in Australia, #3 in the UK and Germany, #5 in Brazil and France, #6 in the US.
CBS Sports produced the games, with NFL Media producing the pre, post, and studio halftime programming. EverWonder Studio executive produced NFL Christmas Gameday.
"Bringing our members this record-breaking day of two NFL games was the best Christmas gift we could have delivered," said Bela Bajaria, Netflix Chief Content Officer. "We're thankful for our partnership with the NFL, all of our wonderful on-air talent, and let's please not forget the electrifying Beyonce and the brilliant Mariah Carey."
"We're thrilled with our first Christmas Gameday on Netflix with NFL games being streamed to a global audience," said Hans Schroeder, NFL executive vice president of media distribution. "Fans in all 50 states and over 200 countries around the world watched some of the league's brightest stars along with a dazzling performance by Beyonce in a historic day for the NFL."
This year marked the first of a three-season partnership with Netflix to broadcast NFL games on Christmas Day.
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Original text here: https://about.netflix.com/en/news/netflix-nfl-christmas-gameday-reaches-65-million-us-viewers
[Category: Media]
Mayer Brown Advises Blackstone on Its Acquisition of a Stake in SIA Partners
CHICAGO, Illinois, Dec. 28 -- Mayer Brown, a law firm, issued the following news:
Paris - Mayer Brown advises Blackstone, on the structuring of its acquisition in global management and AI consulting firm Sia Partners, through a minority investment of up to Euros250 million, to support the Company's continued growth.
Founder and Chief Executive Officer, Matthieu Courtecuisse, retains a significant majority stake in Sia and will continue to lead the company. It marks the Company's first partnership with a financial investor since its inception.
With 3,000 employees across 20 countries and 50 offices,
... Show Full Article
CHICAGO, Illinois, Dec. 28 -- Mayer Brown, a law firm, issued the following news:
Paris - Mayer Brown advises Blackstone, on the structuring of its acquisition in global management and AI consulting firm Sia Partners, through a minority investment of up to Euros250 million, to support the Company's continued growth.
Founder and Chief Executive Officer, Matthieu Courtecuisse, retains a significant majority stake in Sia and will continue to lead the company. It marks the Company's first partnership with a financial investor since its inception.
With 3,000 employees across 20 countries and 50 offices,the Company works with over 1,000 clients, including Fortune 500 and major tech clients, Sia Partners has become a leading player in the global consulting market, recognised for its deep expertise in strategy, management consulting and AI and ability to leverage technology and data to drive business transformation.
The partnership with Blackstone will support Sia's acceleration of its expansion across the US market, as well as support strategic M&A.
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Original text and links presented by source here: https://www.mayerbrown.com/en/news/2024/12/mayer-brown-advises-blackstone-on-its-acquisition-of-a-stake-in-sia-partners
[Category: BizLaw/Legal]
Kirkland Advises ContourGlobal on Successful Completion of $612 Million Refinancing of Natural Gas Portfolio in the U.S.
CHICAGO, Illinois, Dec. 28 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised ContourGlobal, an independent power producer with a diversified global presence and portfolio company of KKR, in connection with the closing of its $612 million refinancing of a 1,205 MW portfolio of Natural Gas power plants located in California, New Mexico and Texas. The transaction, completed on December 10, 2024, comprised of a $436.3 million term loan, $147.2 million project letter of credit facility, $18.2 million DSR letter of credit facility and $10 million revolving
... Show Full Article
CHICAGO, Illinois, Dec. 28 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised ContourGlobal, an independent power producer with a diversified global presence and portfolio company of KKR, in connection with the closing of its $612 million refinancing of a 1,205 MW portfolio of Natural Gas power plants located in California, New Mexico and Texas. The transaction, completed on December 10, 2024, comprised of a $436.3 million term loan, $147.2 million project letter of credit facility, $18.2 million DSR letter of credit facility and $10 million revolvingcredit facility.
This refinancing is a key component of ContourGlobal's broader financial strategy, aligned with its ambitious growth plans focused on the organic expansion of its renewable power portfolio and on a sustainable transition of its thermal fleet.
Read ContourGlobal's press release (https://www.contourglobal.com/news/contourglobal-successfully-completes-us612-million-refinancing-natural-gas-portfolio-us)
The Kirkland team included debt finance lawyers Roald Nashi, Greg Howling, Jacqueline Trudeau, Christopher Hargett and Miriam Domer; tax lawyers Sam Kamyans and Steve Cantor; environmental transactions lawyer Jim Dolphin; energy regulatory lawyers Drew Stuyvenberg and Cassidy Hall; real estate lawyers David Rosenberg and Katie Roddy; investment funds regulatory lawyer Phil Giglio; government, regulatory & internal investigations lawyer Nick Niles; and employee benefits lawyer Jack Bernstein.
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Original text and links presented by source here: https://www.kirkland.com/news/press-release/2024/12/kirkland-advises-contourglobal-on-suc-completion-of-612-m-refinancing-of-ng-p-in-the-us
[Category: BizLaw/Legal]
Hyatt and Grupo Pinero Finalize Strategic Joint Venture, Adding the Bahia Principe Hotels & Resorts Brand to Hyatt's Existing All-Inclusive Portfolio
CHICAGO, Illinois, Dec. 28 -- Hyatt Hotels Corp., a hospitality company, issued the following news release:
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Deal boosts Hyatt's all-inclusive platform with more rooms and expanded portfolio, boosts the growth of Grupo Pinero's hotel division and enhances ability to reach new guests in key markets
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CHICAGO, IL / PALMA DE MALLORCA, SPAIN (December 27, 2024) - Hyatt Hotels Corporation (NYSE: H) today announced the completion of an agreement for affiliates of Hyatt and Grupo Pinero to enter a long-term, asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which
... Show Full Article
CHICAGO, Illinois, Dec. 28 -- Hyatt Hotels Corp., a hospitality company, issued the following news release:
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Deal boosts Hyatt's all-inclusive platform with more rooms and expanded portfolio, boosts the growth of Grupo Pinero's hotel division and enhances ability to reach new guests in key markets
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CHICAGO, IL / PALMA DE MALLORCA, SPAIN (December 27, 2024) - Hyatt Hotels Corporation (NYSE: H) today announced the completion of an agreement for affiliates of Hyatt and Grupo Pinero to enter a long-term, asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, whichwill manage Bahia Principe Hotels & Resorts-branded properties and own the Bahia Principe brand. The 50/50 joint venture increases Hyatt's all-inclusive portfolio giving guests and World of Hyatt members more opportunities to experience all-inclusive travel.
The agreement brings 22 resorts totaling approximately 12,000 rooms, including 21 resorts under the Bahia Principe Hotels & Resorts brand located across the Dominican Republic, Mexico, Jamaica, and Spain, as well as the exclusive Cayo Levantado Resort in the Dominican Republic, to Hyatt's Inclusive Collection. Grupo Pinero is the owner of the resorts managed by the joint venture and is committed to driving the continuous improvement of Bahia Principe hotels through renovation projects as part of its ongoing goals and this transaction. Building on Grupo Pinero's all-inclusive expertise and thriving European customer base, Hyatt will further contribute to the company's success and provide expanded opportunities for growth with travelers in the Americas and other key markets.
Bahia Principe's Chief Executive Officer Julio Perez assumes leadership of the joint venture, with Grupo Pinero's current Global Chief Executive Officer Encarna Pinero serving as Chairman of the Board. Izet Mahalbasic, Vice President Hotel Finance for Hyatt, will join the joint venture as Chief Financial Officer.
"This joint venture with Grupo Pinero enhances Hyatt's all-inclusive platform across multiple dimensions: more rooms, an expanded portfolio and more offerings on more stay occasions for guests and World of Hyatt members," said Mark Hoplamazian, President and Chief Executive Officer, Hyatt. "Grupo Pinero has built an exceptional family legacy over the past 50 years, and together we look forward to driving sustainable growth and innovation within the all-inclusive space."
"It is a great honor for Grupo Pinero to embark on this long-term alliance with Hyatt--a groundbreaking model for both companies that promises significant benefits and advancements for our respective strategies," said Encarna Pinero, Global CEO of Grupo Pinero and Chairman of the Board. "We are confident that the combination of our decades of experience as leaders in the all-inclusive sector in the Caribbean and Hyatt's extensive global all-inclusive platform and systems will drive success for our joint venture."
"I am excited to lead this strategic joint venture with Hyatt as we work to expand the Bahia Principe Hotels & Resorts brand," shared Julio Perez, CEO of Bahia Principe. "Together, we will leverage our strengths to offer an unparalleled all-inclusive experience that will attract travelers from around the world. This milestone marks an important step for our company, and I am confident that this collaboration will help us to continue raising the quality and service standards of the hospitality industry."
This transaction builds on Hyatt's growth journey in all-inclusive, which started with the creation of the Hyatt Ziva and Hyatt Zilara brands in 2013 and combined with the largest acquisition in Hyatt's history with Apple Leisure Group in 2021, expanded to more than 140 properties globally across 10 brands in Hyatt's Inclusive Collection by the end of 2024.
Details regarding when and how Bahia Principe Hotels & Resorts will participate in the World of Hyatt loyalty program will be shared at a later date.
For further information:
The term "Hyatt" is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
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About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose - t- care for people s- they can be their best. As of June 30, 2024, the Company's portfoli- included more than 1,350 hotels and all-inclusive properties in 78 countries across six continents. The Company's offering includes brands in the Timeless Collection, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Vacation Club, Hyatt Place, Hyatt House, Hyatt Studios, and UrCove; the Boundless Collection, including Miraval, Alila, Andaz, Thompson Hotels, Dream Hotels, Hyatt Centric, and Caption by Hyatt; the Independent Collection, including The Unbound Collection by Hyatt, Destination by Hyatt, and JdV by Hyatt; and the Inclusive Collection, including Impression by Secrets, Hyatt Ziva, Hyatt Zilara, Zoetry Wellness & Spa Resorts, Secrets Resorts & Spas, Breathless Resorts & Spas, Dreams Resorts & Spas, Hyatt Vivid Hotels & Resorts, Alua Hotels & Resorts, and Sunscape Resorts & Spas. Subsidiaries of the Company operate the World of Hyatt loyalty program, ALG Vacations, Mr & Mrs Smith, Unlimited Vacation Club, Amstar DMC destination management services, and Trisept Solutions technology services. For more information, please visit www.hyatt.com.
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About Grupo Pinero
Grupo Pinero is a Spanish tourism group founded in 1975 by Pablo Pinero. Currently chaired by Isabel Garcia Lorca and led since 2017 by Encarna Pinero, as Global CEO, together with her sisters Isabel, Chief Sustainability Officer and Lydia, chair of the Investment Committee. With almost 50 years of history, the Group carries out responsible management with a strategic plan whose transversal axis is sustainability. The main objective of this vision is to care for people, the environment and the promotion of tourism that generates wealth while based on respect for the destinations where it operates.
Its activity includes four divisions: the Hotel business, which has resorts in the Dominican Republic (first hotel group with the largest number of owned establishments), Mexico, Jamaica and Spain; the Real Estate and Golf business, with residential complexes in the Dominican Republic and Mexico; the Tour Operator division, comprising Soltour, the leading independent tour operator in Spain and Portugal in the holiday segment, and the Mobility Incoming & Leisure division, which includes Coming2, the perfect destination host that complements the offer through land and maritime transport services, highlighting its commitment to sustainable mobility. Today, Grupo Pinero has more than 15,000 employees in Spain, Portugal, Dominican Republic, Mexico, Jamaica, Switzerland, USA, Argentina and Luxemburg.
For more information: www.grupo-pinero.com
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Forward-Looking Statements
Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable when made, are inherently uncertain, and are subject to numerous assumptions and uncertainties, many of which are outside of Hyatt's control, which could cause actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Forward-looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward looking statements as actual events unfold, except to the extent required by applicable law. If one or more forward-looking statements is updated, no inference should be drawn that any additional updates will be made with respect to those or other forward-looking statements.
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INVESTOR CONTACTS:
Adam Rohman
adam.rohman@hyatt.com
Ryan Nuckols
ryan.nuckols@hyatt.com
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Original text here: https://newsroom.hyatt.com/news-releases?item=124581
[Category: BizTravel]
Holland & Knight Advises Raymond James & Associates on $86.25 Million Public Offering by VersaBank
MIAMI, Florida, Dec. 28 -- Holland and Knight, a law firm, issued the following news release:
DENVER (December 27, 2024) - Holland & Knight recently represented Raymond James & Associates Inc., a global financial services company, in its role as sole book-running manager for a public offering of common stock of VersaBank (NASDAQ: VBNK).
VersaBank announced on December 18 that it successfully completed its public offering of common shares at a price of US$13.25 per share. The bank sold an aggregate of 5,660,378 common shares, generating gross proceeds of US$75,000,009 before underwriting discounts
... Show Full Article
MIAMI, Florida, Dec. 28 -- Holland and Knight, a law firm, issued the following news release:
DENVER (December 27, 2024) - Holland & Knight recently represented Raymond James & Associates Inc., a global financial services company, in its role as sole book-running manager for a public offering of common stock of VersaBank (NASDAQ: VBNK).
VersaBank announced on December 18 that it successfully completed its public offering of common shares at a price of US$13.25 per share. The bank sold an aggregate of 5,660,378 common shares, generating gross proceeds of US$75,000,009 before underwriting discountsand offering costs. VersaBank announced on December 24 that the underwriters fully exercised their option to purchase an additional 849,056 common shares at a price of US$13.25 per share, resulting in additional gross proceeds of US$11,249,992. After giving effect to the full exercise of the over-allotment option, the total number of common shares sold by VersaBank in the offering increased to 6,509,434, and gross proceeds increased to US$86,250,001.
Keefe, Bruyette & Woods, A Stifel Company, and Roth Canada Inc. acted as co-managers for the offering.
Headquartered in St. Petersburg, Florida, Raymond James & Associates is a subsidiary of Raymond James Financial Inc. (NYSE: RJF), a financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities.
London, Ontario-based VersaBank is a North American bank that is federally chartered in Canada and the United States. VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk-mitigated manner.
Holland & Knight Partner Shawn Turner led the firm's representation of Raymond James & Associates, along with Partner Kendall Wilson and Associates Julia Harrison, Claire Lydiard and Stephanie Torres (all Capital Markets).
More information on the transaction can be found here (https://www.versabank.com/releases/?VERSABANK-COMPLETES-SUCCESSFUL-OFFERING-OF-COMMON-SHARES-id-122687) and here (https://www.versabank.com/releases/?VERSABANK-ANNOUNCES-EXERCISE-OF-OVER-ALLOTMENT-OPTION-IN-PUBLIC-OFFERING-id-122688).
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Original text and links presented by source here: https://www.hklaw.com/en/news/pressreleases/2024/12/holland-knight-advises-raymond-james-associates-on-8625-million
[Category: BizLaw/Legal]
Allison Gray Appointed to the Orlando Science Center Board of Young
ORLANDO, Florida, Dec. 28 -- Lowndes, a law firm, issued the following news release:
Lowndes is pleased to announce that attorney Allison Gray has been appointed to the Orlando Science Center Board of Young Professionals.
The Young Professionals fundraises and "friend-raises" to support the mission of Orlando Science Center and improve the Central Florida community.
Gray handles a variety of litigation matters, including property tax appeals, eminent domain, and real estate disputes involving title insurance and land use. She also assists with employment law issues, focusing on workplace disputes
... Show Full Article
ORLANDO, Florida, Dec. 28 -- Lowndes, a law firm, issued the following news release:
Lowndes is pleased to announce that attorney Allison Gray has been appointed to the Orlando Science Center Board of Young Professionals.
The Young Professionals fundraises and "friend-raises" to support the mission of Orlando Science Center and improve the Central Florida community.
Gray handles a variety of litigation matters, including property tax appeals, eminent domain, and real estate disputes involving title insurance and land use. She also assists with employment law issues, focusing on workplace disputesand compliance.
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Original text and links presented by source here: https://www.lowndes-law.com/newsroom/news/allison-gray-appointed-to-the-orlando-science-center-board-of-young-professionals
[Category: BizLaw/Legal]
