On a combined basis for all operations, Air Group reported a 7.3 percent increase in traffic on a 6.1 percent increase in capacity compared to June 2017. Load factor increased 1 point to 88.3 percent.
Posted on: 16 July 2018 | 4:54 pm
RLJ Lodging Trust (NYSE: RLJ) today announced that Sean M. Mahoney will join the Company as Executive Vice President, Chief Financial Officer and Treasurer, effective August 1, 2018. Mr. Mahoney will report directly to Leslie D. Hale, the Company's incoming President and Chief Executive Officer.
Posted on: 16 July 2018 | 4:50 pm
Golden Entertainment, Inc. (NASDAQ: GDEN) today announced that it has entered into a definitive agreement with Marnell Gaming LLC, to acquire the Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort in Laughlin, Nevada.
Posted on: 16 July 2018 | 4:49 pm
The hotel has a prime location in Panama City with breathtaking views of the Panama Canal, along with being just minutes away from Albrook International Airport. It is also within walking distance to the Amador Convention Center, which is scheduled to open December 2018.
Posted on: 16 July 2018 | 4:42 pm
The Miami-Dade 11th Circuit Court last week denied Airbnb's multiple motions to dismiss the lawsuit launched by three subsidiaries of Apartment Investment and Management Company (Aimco) and cleared the way for the Aimco subsidiaries to pursue claims against the short-term rental giant which has intentionally brokered unauthorized short-term rentals at Aimco communities.
Posted on: 16 July 2018 | 4:37 pm
Even in the world of online grocery platforms like Instacart and the focus on healthy eating, consumer demand for fast food remains strong.
Posted on: 16 July 2018 | 4:34 pm
Embraer forecasts demand for 10,550 new aircraft with up to 150 seats worldwide, worth USD 600 billion, over the next 20 years. The in-service fleet is set to increase to 16,000 aircraft, up from the 9,000 aircraft currently in operation. Market growth will drive 65% of this demand, while the remaining 35% will replace ageing aircraft.
Posted on: 16 July 2018 | 4:30 pm
Embraer and United Airlines announced at the 2018 Farnborough Airshow that they signed a firm order for 25 E175 jets in a 70-seat configuration. The contract has a value of USD 1.1 billion, based on current list prices, and will be included in Embraer's 2018 third-quarter backlog. Deliveries will begin in the second quarter of 2019.
Posted on: 16 July 2018 | 4:27 pm
Boeing (NYSE: BA) today announced services orders and agreements worth up to $2.1B that provide customers more value throughout the lifecycle of their investments. The contracts and agreements span commercial and government customers.
Posted on: 16 July 2018 | 4:23 pm
China's Hainan province announced the launch of its first intercontinental route between Sanya and London after China unveiled its plan to build Hainan island into its pilot international free-trade zone.
Posted on: 16 July 2018 | 4:21 pm
McKinsey & Company analyzed data from 15 European countries to better understand emerging travel industry technology and customer needs in the travel and logistics sectors. What can companies in this space do to respond to shifts and sharpen their digitization strategies?
Posted on: 16 July 2018 | 4:20 pm
Red Robin Gourmet Burgers, Inc. (Red Robin) is two weeks away from opening in West Kissimmee, FL. Located inside the Orange Lake Shopping Center, at the intersection of 192 and Orange Lake Blvd., the newest Red Robin Gourmet Burgers and Brews restaurant will open on July 30 at 11 a.m.
Posted on: 16 July 2018 | 4:01 pm
Louisiana Apple purchases restaurants in Oklahoma, Arkansas and Kentucky from Apple Gold Group Franchisee
Posted on: 16 July 2018 | 3:58 pm
The most recent Restaurant Performance Index shows job growth, increased capital spending and moderating expectations for business conditions.
Posted on: 16 July 2018 | 3:54 pm
Due to open in 2019, InterContinental Colombo will feature 307 rooms including 47 suites. T
Posted on: 16 July 2018 | 3:50 pm