Royal Caribbean today announced that Brian Rice , Vice Chairman and CFO of Royal Caribbean Cruises Ltd., will transition his CFO responsibilities to Jason Liberty as he prepares for his retirement in the spring of 2014. Rice will continue to serve as Vice Chairman until his retirement, overseeing Royal Caribbean?s
French dairy firm Danone has entered into an agreement with China Mengniu Dairy to invest ?325m in two deals, in order to take advantage of increasing demand for internationally-branded milk and yoghurt. The development marks a comeback for the French giant in China, where recent scandals have had a
1?India, a subsidiary of Swiss food company Nestl?, plans to upgrade its existing milk processing facility at Moga, Punjab with an investment of Rs2.5bn ($45.4m). The commitment to upgrade the facility was made by Nestl? India chairman and managing director Antonio Helio Waszyk at a meeting with
Hospitality Industry News
1LOS ANGELES,?May 21, 2013 –?/PRNewswire/ — Nassau, Bahamas – Eurasia Resorts International, Ltd. – Global Financial Trust, Ltd. (GFT) — Nassau, Bahamas — announces a new project for?Las Vegas.? The?Eurasia?project intends to focus on providing spectacular, world-class entertainment concepts at a mega resort that complements and extends Las Vegas’ various
Hospitality Industry News
Orlando, Florida, May 2013?The?1?(EI) honored the Navy Lodge program with the first Military Certification Excellence Award during the Navy Lodge annual conference on April 26.? The award recognizes Navy Lodge?s outstandingcommitment to professional development through certification.? In 2012, Navy Lodge personnel earned a remarkable 459?1?
Hospitality Industry News
5/21/13, Portland, Ore.???Eleven Wireless, a leader in hospitality technology, announces the appointment of Cyndi Shepley as Senior Vice President of Sales. With over three decades of hospitality sales and marketing experience, Shepley will play an essential role in expanding the company?s customer base and product portfolio.
Hospitality Industry News
121th May 2013?- Kempinski Hotels, the oldest European luxury hotel group, has signed an agreement with Shanghai Suncuba Co. Ltd to take over the management of the Gran Meli? Hotel Shanghai in Pudong, Shanghai. Opened in February 2010, the hotel was rebranded as Grand Kempinski Hotel Shanghai on 15 May
Hospitality Industry News
PHOENIX, Ariz. ?? ?May 21, 2013:? The Arizona Biltmore, A Waldorf Astoria Resort has named veteran hospitality executive Michael R. McMahon the director of sales and marketing of the historic property, announced General Manager David Kirken. ?Mike McMahon brings an extraordinary scope of experience and accomplishment to our team at the
Hospitality Industry News
1SAN JOSE — An iconic hotel in downtown San Jose, the Marriott next to the city’s convention center, has been bought by CBRE Global Investors. CBRE paid $83 million for the 506-room San Jose Marriott Hotel, according to industry sources familiar with the deal terms. CBRE executives wouldn’t
Hospitality Industry News
Kerzner International Holdings Ltd., builder of Atlantis resorts in the Bahamas and Dubai, formed a partnership to construct?1?s first One & Only resort. Kerzner, based in the Bahamas, joined with Al Khozama Management Co. and Saudi Oger Ltd. to build the project north of Jeddah on the?1,
Hospitality Industry News
1PANAMA CITY, Panama & MCLEAN, Va. -?Hilton Worldwide proudly announced the expansion of its Waldorf Astoria Hotels & Resorts brand into Latin America with the opening of?1.? With a commitment to personalized service and delivering a new sense of luxury to the booming Panama market, Waldorf Astoria Panama blends
Hospitality Industry News
ANNAPOLIS, Md.–(BUSINESS WIRE)–May. 21, 2013– Chesapeake Lodging Trust (NYSE:CHSP) (the ?Trust?) announced today that its board of trustees has declared a quarterly dividend payment of $.24 per common share. The dividend will be paid on July 15, 2013 to shareholders of record at the close of business
