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Displaying documents 49-56 of 75, with best matches first:
- 49. Hotels in Asia Pacific Report May 2020 Decrease in ADR, OR and RevPAR
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According to data from STR, the Asia Pacific hotel industry continued to report monthly lows in the three key performance metrics for May 2020. In U.S. dollar constant currency, May 2020 vs. May 2019, OR was down -47.3% to 35.8%, ADR decreased -40.2% to US$55.93 and RevPAR plummeted -68.5% to US$20.04.
- 50. Hilton Signs Deal to Expand Home2 Suites Brand to China
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Hilton has signed an exclusive management license agreement with Funyard Hotel Investment (Asia), a subsidiary of Country Garden, to introduce and develop the Home2 Suites by Hilton brand in China.
- 51. United Certification Systems Achieves GSTC-Accredited Status
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United Certification Systems has achieved GSTC-Accredited status for certifying hotels and tour operators. Accreditation from the Global Sustainable Tourism Council (GSTC) means that a certification program is following processes and procedures that have been reviewed and approved by the GSTC Accreditation Panel and by Assurance Services International (ASI).
- 52. Europe Leads Cautious Restart of Tourism
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The latest research by the UNWTO shows that 22% of all destinations worldwide (48 destinations) have started to ease restrictions, with Europe leading the way. At the same time, however, 65% of all destinations worldwide (141 destinations) continue to have their borders completely closed to international tourism.
- 53. Hong Kong's Airport Authority Signs HK$35 Billion Loan Facilities with 21 Banks
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The Airport Authority of Hong Kong has signed five-year HK$35 billion (over US$4.5 billion) loan facilities with 21 local and international banks. The facilities comprise a term loan tranche of HK$17.5 billion and a revolving credit facility tranche of the same amount.
- 54. Embraer Delivers First of its Enhanced Phenom 300E Aircraft
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Embraer has delivered the first of its new Phenom 300E aircraft to Texas law firm Dunham & Jones, Attorneys at Law. The law firm also owns a Phenom 100EV.
- 55. Morocco Orders 24 Boeing AH-64E Apache Helicopters
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Morocco has signed a deal for 24 Boeing AH-64 Apache helicopters. Deliveries to Morocco, the 17th country to order them, are expected to begin in 2024.
- 56. Bombardier Global 5500 Enters Service
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Bombardier has delivered the first Global 5500 business jet to an undisclosed customer. The aircraft represents the gateway into Bombardier’s flagship large-cabin Global family, and has a range of 5,900 nautical miles, 200 more than originally planned.
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