Hotel Equities expands footprint in Canada with addition of eight hotels in Alberta - Lebanon news - أخبار لبنان
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Hotel Equities expands footprint in Canada with addition of eight hotels in Alberta

ATLANTA, GA – Atlanta-based hotel owner, operator and developer, Hotel Equities (HE), announced they have been selected as the strategic partner with APX Hotels to operate eight hotels in the Alberta region. The hotel portfolio, consisting of IHG, Hilton and Wyndham branded properties is owned by APX Hotel Group. The combined total guestroom count is…

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Hotel Equities expands footprint in Canada with addition of eight hotels in Alberta

ATLANTA, GA – Atlanta-based hotel owner, operator and developer, Hotel Equities (HE), announced they have been selected as the strategic partner with APX Hotels to operate eight hotels in the Alberta region. The hotel portfolio, consisting of IHG, Hilton and Wyndham branded properties is owned by APX Hotel Group. The combined total guestroom count is 749 and growing, with future development projects in the pipeline.
“We continue to expand our Canadian portfolio with owners whom we are aligned and who seek strong management of their assets,” said Joe Reardon, chief development officer for HE. “We made our entry into the Edmonton market early last year with two Marriott hotels. Our dedicated Canadian regional team immediately provided their expertise in growing revenue, while optimizing the hotel’s profitability. We look forward to creating this value-add for our new partners at APX Hotel Group as we welcome the new team of associates to Hotel Equities’ family.”
HE has experienced significant growth in Canada over the past year, prompting the creation of a regional office in market. The addition of these eight hotels brings the firm’s total to fifteen in Canada after entering the country in early 2018. Prior to entering the Canadian market, the firm spent a significant amount of time understanding the country’s branded hotel growth, human resource variations, currency implications and the regional staffing model needs. Hotel Equities continues to grow strategically, making a significant investment into a Canadian regional office encompassing all disciplines including operations, sales and marketing, revenue management and accounting.
The eight hotel portfolio consists largely of IHG-branded hotels and includes two full service properties. The Holiday Inn & Suites Lloydminster features meeting and event space, as well as a restaurant and lounge in which guests can dine or relax. The Holiday Inn & Suites West Edmonton features meeting and event space and also offers guests the option to dine at their on-site restaurant.
“We immediately recognized Hotel Equities’ presence in market,” said Mike Lai, president of APX Hotels. “Not solely for the performance results and ability to capture business, but also for the positive impact their culture brings to the community. We are thrilled to provide our hotel staff the valuable benefits and resources that Hotel Equities has in their toolkit for success.”

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Aviation industry agrees vital slot use relief

GENEVA / MONTREAL – The Worldwide Airport Slot Board (WASB), comprising Airports Council International (ACI World), the International Air Transport Association (IATA), and the Worldwide Airport Coordinators Group (WWACG) released a joint recommendation for airport slot use relief for the northern summer 2021 season. The organizations called on regulators worldwide to temporarily adopt more flexible…

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Aviation industry agrees vital slot use relief

GENEVA / MONTREAL – The Worldwide Airport Slot Board (WASB), comprising Airports Council International (ACI World), the International Air Transport Association (IATA), and the Worldwide Airport Coordinators Group (WWACG) released a joint recommendation for airport slot use relief for the northern summer 2021 season. The organizations called on regulators worldwide to temporarily adopt more flexible slot rules in line with the recommendation as quickly as possible in order to preserve essential air transport connectivity.As a result of the collapse in demand from the COVID-19 crisis, some 65% of direct city pair connections vanished in the first quarter of 2020. Slot-regulated airports serve almost half of all passengers and are the backbone of the global scheduled airline network. But recovery is impossible while there is no certainty on the rules governing the use and retention of airport slots.The existing slot rules were never designed to cope with a prolonged industry collapse. Regulators temporarily suspended the rules for Summer and Winter 2020 to give the industry vital breathing space. International air traffic, though, is only expected to return to about 25% of 2019 levels by summer 2021. In order to preserve connectivity while air traffic recovers, a more flexible system of slot regulation is essential.The Worldwide Airport Slot Board (WASB) which is the forum for bringing together representatives from the airport, airline and slot coordinator community to agree positions on slot rules, has worked on a proposal to regulators that preserves the best of the existing rules, while providing the necessary flexibility to aid recovery. The WASB position recommends the following be adopted before the end of 2020:Airlines that return a full series of slots by early February to be permitted to retain the right to operate them in summer 2022.A lower operating threshold for retaining slots the following season. In normal industry conditions this is set at 80-20. The WASB recommends this be amended to 50-50 for Summer 2021.A clear definition for acceptable non-use of a slot. For example, force majeure as a result of short-term border closures or quarantine measures imposed by governments.“It is vital that regulators quickly adopt the WASB proposals on a globally harmonized basis. Airlines and airports need certainty as they are already planning the 2021 Summer season (which begins in April) and have to agree schedules. Delays in adopting new rules will further damage the industry at a time when industry finances, and 4.8 million jobs in air transport, hang by a thread,” said Alexandre de Juniac, IATA’s Director General and CEO.“Creating a globally-compatible approach to the crucial issue of airport slots is an important part of underpinning a recovery of aviation. The united position of the air transport industry on what needs to be done to protect connectivity and choice in the best interests of passengers is a clear signal to regulators of the extreme urgency of the situation. Action is needed now as any delay makes recovery for air transport, and the global economy, more difficult. We need regulators to recognize the crisis we are in and act with speed and flexibility,” said Luis Felipe de Oliveira, Director General of ACI World.“WWACG welcome the possibility to work out a common ground together with IATA and ACI World for the preparation of the 2021 Summer season. It is important that relevant authorities take appropriate action to secure the aviation industry the necessary predictability in the planning process in these extraordinary times for the entire industry,” said Fred Andreas Wister, Chairman, WWACG.

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SWISS Airlines adds frequencies from Domodedovo Airport to Zurich

Starting from November 23, SWISS Airlines has launched a third weekly flight on the route Zurich-Moscow (Domodedovo). SWISS Airlines performs the flight on Mondays, landing at 17:45 and departing at 18:35*.Passengers can also opt for the following flights:On Saturdays. It will land at Domodedovo at 17:45, departing to Zurich at 18:35*.On Fridays. It will land…

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SWISS Airlines adds frequencies from Domodedovo Airport to Zurich

Starting from November 23, SWISS Airlines has launched a third weekly flight on the route Zurich-Moscow (Domodedovo). SWISS Airlines performs the flight on Mondays, landing at 17:45 and departing at 18:35*.Passengers can also opt for the following flights:On Saturdays. It will land at Domodedovo at 17:45, departing to Zurich at 18:35*.On Fridays. It will land at Domodedovo at 12:15, departing to Zurich at 13:45*.Russia and Switzerland resumed flights on August 15.*All times are local (Moscow Time – UTC+04)

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For its fourth edition FITUR Festivals & Events expands to all type of cultural and sports events

One of the new features of the upcoming edition of FITUR 2021 International Tourism Fair that will focus on the recovery of the tourism industry, is the expansion of the FITUR Festivals section, which now and under the new name FITUR Festivals & Events will strengthen its content and professional appeal, by adding relevant sements that have an…

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For its fourth edition FITUR Festivals & Events expands to all type of cultural and sports events

One of the new features of the upcoming edition of FITUR 2021 International Tourism Fair that will focus on the recovery of the tourism industry, is the expansion of the FITUR Festivals section, which now and under the new name FITUR Festivals & Events will strengthen its content and professional appeal, by adding relevant sements that have an increasingly higher business potential. Thus, in addition to the live music festivals, FITUR Festivals & Events expands to host a wider range of proposals, such as cultural festivals -dance, theatre, opera, exhibitions, museums, etc.- as well as sports events and competitions, such as Formula 1, golf, regattas, soccer, Olympics, etc.The purpose of FITUR Festivals & Events is to provide a platform where all of the agents of this type of tourism can connect: destinations, transportation, hospitality and accommodation, tour operators and wholesalers, show and event organisers, ticketing companies, etc., within the framework of FITUR, the major international tourism industry fair organised by IFEMA that will be held, exceptionally in 2021, from the 19 to 23 May. FITUR Festivals & Events, with the collaboration of Asociacion de Promotores Musicales (APM) and Squarefer, will have an exhibition area, a B2B program with international and national purchasers, a setting for round tables and presentations of sector reports by exhibitors.

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