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Marriott Expects To Debut More Than 30 Luxury Hotels In 2020

December 4, 2019 / WIL BALDWIN

Planned Openings from Tokyo to Mexico City and Reykjavik to Melbourne, Marriott International Continues to Create Enriching Experiences Through Its Portfolio of Distinct Luxury Brands

BETHESDA, Md., Dec. 4, 2019 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) today announced it is projecting to open more than 30 luxury properties in 2020 as the company focuses on creating the future of high-end travel through its portfolio of distinct luxury brands. With the world-renowned hospitality hallmarks of The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis Hotels & Resorts, W Hotels, The Luxury Collection, EDITION, JW Marriott and Bvlgari, Marriott International uses the global perspective gained from its boundless network of more than 420 landmark hotels and resorts in nearly 65 countries and territories to provide an unmatched variety of luxury experiences. From the world’s most established destinations to the ultimate undiscovered gems, Marriott International has more than 185 luxury properties in its signed development pipeline that could add more than 15 new countries and territories to the company’s luxury portfolio, from Iceland to Montenegro and the Philippines.

Matild Palace, a Luxury Collection Hotel, Budapest

“Celebrating the distinct nature and individuality of our luxury brands, Marriott International offers a diverse variety of nuanced brand experiences that speak to the needs of the modern luxury traveler,” said Tina Edmundson, Global Brand Officer and Luxury Portfolio Leader, Marriott International. “Across our luxury brands portfolio, we will continue to incubate innovation and apply fresh thinking, both at the brand level and across our individual hotels, as we seek to be future forward, push boundaries, and continue to raise the bar by creating new, unexpected, and enriching guest experiences.”

“Our plan to open more than 30 luxury properties in 2020 – an average of about three exciting new hotels per month – speaks to the remarkable momentum that brands such as St. Regis, The Ritz-Carlton and EDITION have with affluent travelers, our Marriott Bonvoy members and hotel developers around the world,” said Tony Capuano, EVP and Global Chief Development Officer, Marriott International. “Each year, our luxury portfolio continues to grow in both quality and quantity in strategic destinations around the world.”

Transformative Travel Gives Rise to The Purposeful Luxurian
In looking at the future of luxury hospitality, Marriott International collaborated with a team of trend forecasters at The Future Laboratory to better understand the attitudinal shifts that are creating a new genre of travelers. Edmundson continued: “The concept of transformative travel – travel motivated and defined by a shift in perspective, self-reflection and development – has become more pronounced and it has given rise to The Purposeful Luxurian, a new breed of traveler that is more progressive, proactive, and looking to affect positive change. This new global explorer views travel as a way to improve physical and mental wellbeing, as well as a means to do good.” With its scale and breadth of distribution, Marriott International is on the frontlines of the evolving global luxury economy, elevating its approach and inviting globally minded travelers to look at the world through a new lens. “We are defining the future of luxury travel by creating the real, rare and personal experiences this new Purposeful Luxurian craves,” said Edmundson.

The Ritz-Carlton Elevates Luxury Through Legendary Service
Known for leaving indelible marks and creating memories that last a lifetime, The Ritz-Carlton continues to set the standard for luxury. The iconic luxury brand recently celebrated the opening of its 100^th property with the debut of The Ritz-Carlton, Perth and expanded the Ritz-Carlton Reserve portfolio to four exceptional properties with the opening of Zadún, a Ritz-Carlton Reserve in Los Cabos, Mexico. In the coming year, the brand is expected to bring its legendary service to Morocco for the first time, with the planned opening of The Ritz-Carlton Rabat, Dar es Salam in the country’s dynamic capital. The Ritz-Carlton, Nikko is slated to expand the brand’s footprint in Japan, while a highly anticipated property in Mexico City is expected to give guests a unique way to experience the Mexican capital. Overlooking Camelback Mountain in Scottsdale, Arizona, The Ritz-Carlton, Paradise Valley is slated to grow the brand’s resort portfolio, while the brand also anticipates an opening in Nanjing, China, expects to see the completion of a major renovation of The Ritz-Carlton, South Beach, and continues to work towards the inaugural voyage of The Ritz-Carlton Yacht Collection expected in June 2020.

St. Regis Debuts the Newest Best Addresses in Extraordinary Destinations
Offering modern glamour and sophisticated design, the St. Regis brand recently grew its footprint in Europe with the opening of The St. Regis Venice, boasting a magnificent outdoor garden and one of the most coveted locations along the city’s famed Grand Canal. Currently offering 45 hotels in more than 20 countries and territories, the brand in the year ahead expects to introduce St. Regis to Cairo, a destination that has long allured travelers with its enthralling history, and which is quickly reclaiming its place as a global hotspot. Additionally, St. Regis expects to expand its resort portfolio with the anticipated opening of The St. Regis Kanai Resort in Riviera Maya, Mexico. The St. Regis Dubai, The Palm is also slated to open in 2020, bringing highly bespoke service and beloved signature rituals to the most populous city in the United Arab Emirates.

Lux Rebel W Hotels Turns Traditional Luxury on its Head
This year, W Hotels brought its boundary-breaking approach, bold design and innovative programming to destinations including Dubai, Abu Dhabi, Muscat, Ibiza and Aspen, the brand’s first alpine destination in the United States. Multi-million-dollar renovations by owners are underway or completed at more than half the brand’s properties in North America, including W Washington D. C. and W San Francisco. In addition, the company recently announced plans to transform W New York – Union Square into a cutting-edge W Hotels showcase, advancing a larger strategy to redefine and reinvigorate the W portfolio in North America. Also underway is the exciting addition of W Nashville to the brand’s growing portfolio. The brand continues to trailblaze its way around the globe with 2020 expected openings in Philadelphia, Toronto, Chengdu, and Melbourne. Offering the insider track wherever the iconic W sign lands, the brand is also slated to debut in Italy with the planned openings of W Milan and W Rome, giving locals and visitors alike a distinctly W take on “la dolce vita.”

EDITION Matches Sophisticated Style With Global Growth
In 2019, the EDITION brand made global news with the debuts of The Times Square EDITION in New York and The West Hollywood EDITION in Los Angeles, proving sustained high demand for its curated mix of modern design and service. Created through a collaboration between boutique hotel creator and innovator Ian Schrager and Marriott International, the lifestyle brand is slated to bring its distinct point of view to the in-demand destination of Reykjavik in 2020. Additionally, with 10 hotels in six countries and territories, the rapidly growing EDITION brand is expected to bring its sophisticated style to the global hotspotsof Tokyo and Dubai.

The Luxury Collection Continues on its Quest as the Destination Authority
With a rapidly growing ensemble of 114 hotels in more than 30 countries and territories around the world, The Luxury Collection takes guests on journeys to the world’s most captivating places. In 2019, the brand celebrated the opening of North Island, Seychelles, the portfolio’s first private island destination, and welcomed properties in Cyprus, Nanning, Buckinghamshire, Kolkata and Çeşme. Looking to the year ahead, The Luxury Collection anticipates openings in coveted locations spanning the globe, including Nashville and Budapest, Hungary, as well as Hobart, Australia – a destination that signals the future of luxury travel.

JW Marriott Inspires Guests to be Mindful and Present through Uplifting Experiences
JW Marriott offers warm and intentional luxury experiences at nearly 90 properties around the world, including the recent, highly anticipated debut of JW Marriott Maldives Resort & Spa. Inspired by the principles of mindfulness, JW Marriott is a haven designed to let guests focus on feeling whole – present in mind, nourished in body and revitalized in spirit. Expected to reach more than 115 hotels by 2022, the year 2020 is slated to be a period of rapid growth for the brand, with planned U.S. openings in Savannah, Orlando and Anaheim, in addition to global destinations ranging from Istanbul and Danang, Vietnam, to Nara, Japan, Muscat, Oman and Monterrey, Mexico.

The new The Ritz-Carlton Zadún, Los Cabos, Mexico

Bombardier Celebrates 25th Anniversary of Germany’s First Automatic People Mover System

October 27, 2019 / WIL BALDWIN

INNOVIA APM vehicles carry twelve million passengers annually at Frankfurt am Main Airport – with almost 100 percent reliability
The system’s 25-year anniversary corresponds with Fraport’s opening of Terminal 2

Bombardier’s Frankfurt team celebrating the 25th anniversary of successfully operating and maintaining the INNOVIA APM fleet at Frankfurt Airport.

Today, global mobility solution provider Bombardier Transportation celebrates 25 years of fully automatic BOMBARDIER INNOVIA APM 100 people mover system’s operation at Frankfurt am Main Airport. The system and Fraport’s Terminal 2 opened on the same day 25 years ago. Since 1994, Germany’s first elevated passenger transport system called the SkyLine, has connected Terminals 1 and 2. With an average reliability of 99.83 percent, twelve million passengers and guests per year safely and comfortably arrive at their destinations in the terminals – around the clock.

“We’d like to congratulate our customer on this quarter century anniversary. We have a very successful and long-standing partnership with Fraport, which marks our joint success in moving millions of travelers between terminals at the Frankfurt Airport,” said Michael Fohrer, Head of Bombardier Transportation Germany.

“Fraport benefits from a high-performing turnkey transit system, which was not only manufactured by Bombardier, but also operated and maintained. I am grateful to all our committed and competent employees, without them this milestone would not have been possible,” emphasized Alexander Ketterl, Head of Sales and Delivery German cities at Bombardier Transportation.

Volker Maul, Head of the Bombardier team at Frankfurt Airport, can look back on the people mover system’s 25 years of service. “The excellent cooperation within our team and with our customer built the foundation for the system’s near 100 percent reliability. Bombardier’s operations and maintenance program is carefully designed to optimize system performance and ensure potential problems are identified and resolved before the service’s efficiency is compromised,” he explained.

Fraport’s fleet of 18 INNOVIA vehicles transport around thirty-five thousand passengers daily, on the 3.8 km route between departure terminals. During peak times, the trains depart every 90 seconds with each wagon carrying up to 60 passengers and their luggage.

In 1994, Fraport was the first German customer to invest in Bombardier’s driverless system, installed with the proven BOMBARDIER CITYFLO 550 signaling system. CITYFLO delivers the highest levels of safety while meeting customer demand for flexible, high-performance and cost-effective solutions. More than 30 Bombardier people mover systems are in successful operation worldwide, including urban areas such as Guangzhou and airports in London, Rome, Madrid, Phoenix, Dubai and Tampa among other cities.

Italian Government Asks Delta To Do The Right Thing

September 28, 2019 / WIL BALDWIN

The Italian government is begging U.S. major Delta Air Lines, Inc. (NYSE: DAL) to up the proposed acquisition of a 10% stake in Alitalia for $100 million to at least 15%, according to a report in Italian media.

Loss-making Alitalia has been seeking new investors for more than two years after going into administration in May 2017 after workers rejected a plan to cut jobs and salaries. Successive Italian governments have had to balance the carrier’s massive losses with the need to placate a heavily unionized workforce.

Click the link for the full story! https://finance.yahoo.com/news/italian-government-asks-delta-thing-205301072.html

Piaggio Invites Submissions for Expression of Interest (EOI)

May 8, 2019 / WIL BALDWIN

Commissioner Vincenzo Nicastro: “We want to begin exploring the demand in the market to better understand those who are currently potentially interested”.

The Extraordinary Commissioner of Piaggio Aerospace, Vincenzo Nicastro, wants to implement an initial analysis in order to evaluate the market’s interest in buying the company or one of its business units (Aircraft and Engines) or to conduct a reorganization, in accordance with the “Marzano Law”.

Piaggio Aerospace (in Extraordinary Receivership since last December) published today a paid notice in a selected number of financial newspapers after authorization from the Ministry of Economic Development. A copy of the announcement can be found at www.piaggioaeroas.it, where a short presentation of the company is also available.

“The goal of this action,” declares Nicastro, “is to better understand who the interested candidates are as a way to evaluate their characteristics in order to maintain business continuity for Piaggio Aerospace, thus moving forward with subsequent initiatives according to the law”.

In particular, the Aircraft business unit focuses on the design, construction and maintenance of civil and military aircraft, along with customer service activities. The Engine business unit revolves around the design, construction and maintenance of aero-engines.

During a meeting held in Rome on April 24, 2019, the Italian Ministry of Economic Development and the Ministry of Defence agreed on a plan to support Piaggio Aerospace business activities.

The Italian Government indicates the goal on Piaggio Aerospace to conduct all engine maintenance out of one single hub, confirming Piaggio Aerospace as a reliable partner in this specific field. The plan also foresees new contracts for the engine maintenance with a ten-year plan; a contract for the retrofitting of nineteen P.180-Avanti operated by various Italian Institutions and the purchase of ten new P.180-Avanti.

Finally, the plan also includes the completion of the P.1HH HammerHead (the Unmanned Aerial System) certification process, along with the subsequent acquisition of two systems and the development of further technology to support Piaggio Aerospace to compete in the international market arena. Each system is made out of a Ground Control Station and two aircraft. More systems would be acquired in the medium- term.

All EOI, which are non-binding, should be sent (in English or Italian) to the Extraordinary Commissioner by 6 pm CEST on Wednesday, May, 15, 2019 via email at piaggioaeroamministrazionestraordinaria2@pec.piaggioaero.it.

Alitalia Rescue at Risk as Suitors Set Conditions

March 13, 2019 / WIL BALDWIN

ROME (Reuters) – Delta Air Lines and easyJet have set strict conditions for investing in Alitalia that could jeopardise a government-led plan to rescue the troubled Italian airline, a source close to the matter said.

Alitalia was put under special administration in 2017 after workers rejected the latest in a long line of rescue plans.

Italy’s populist government, which has made the re-launch of the flagship carrier one of its priorities, is sponsoring a plan that would see state-owned railway Ferrovie inject fresh funds and revamp the carrier together with industrial partners.

Delta and easyJet, which have expressed interest in Alitalia, are in talks with Ferrovie, but the three investors do not see eye to eye on the structure of the deal.

Without an industrial partner fully on board, Alitalia could soon find itself in trouble since neither Ferrovie nor the state have the skills to run the carrier, the source said.

EasyJet has said several times it is interested in Alitalia’s short-haul operations and positions at primary airports, adding the alliance should be commercially viable.

The British low-cost carrier would be open to taking a stake of 15 percent in the Italian airline but only if it wins control of certain Alitalia assets, the source said.

That condition has irritated the three special commissioners in charge of the airline, who fear it could lead to a break-up of the company. The administrators have the power to decide on the offers.

At the same time Delta is also planning to take a 15 percent stake, spending around 100 million euros in the proposed 900 million euro (773.6 million pounds) rescue plan, but does not want to inject more than that, the source said.

A participation of 30 percent or less by the industrial partners, compared with a stake of around 40 percent Ferrovie was counting on, would force the government to find additional investors, probably among state-controlled companies, a second source said.

Ferrovie is expected to take a stake of between 30 and 49 percent in the new carrier, the second source said, making a full involvement of Delta and easyJet crucial.

According to Italian newspaper Il Messaggero, Ferrovie CEO Gianfranco Battisti will fly to Atlanta in the coming days to try to convince Delta’s CEO Ed Bastian to pump more money into the rescue plan.

Ferrovie, easyJet declined to comment on the issue, while Delta was not immediately available for comment.

Ferrovie is racing against the clock to meet a March 31 deadline set by the Italian government to present a rescue plan for Alitalia.

Should that deadline be missed, it would jeopardise the repayment of 900 million euro state loan to the airline, which must take place by the end of June.

(By Giselda Vagnoni. Additional reporting by Francesca Landini in Milan, Alistair Smout in London, Tracy Rucinski in Chicago, Writing by Francesca Landini; Editing by Keith Weir)

Norwegian Air to Shut Bases & Axe Routes to Cut Costs

January 16, 2019 / WIL BALDWIN

OSLO, Jan 16 (Reuters) – Budget carrier Norwegian Air will axe a number of routes in Europe and to the U.S and the Middle East, shutting several bases as part of a cost-cutting plan announced last month.

The fast-growing carrier has been under pressure over the past 18 months to control costs and shore up its balance sheet as it looks to crack the transatlantic market by undercutting established rivals.

“The company has reached a point where it needs to make necessary adjustments to its route portfolio in order to improve the sustainability and financial performance in this very competitive environment,” Helga Bollmann Leknes, Norwegian Air’s Chief Commercial Officer, said in a statement to Reuters.

The airline will close its bases in Palma de Mallorca, Gran Canaria, and Tenerife in Spain, as well as in Stewart and Providence in the United States. It will also shut the 737 base at Rome’s Fiumicino airport, but keep its 787 Dreamliner base there.

The company did not give a specific number of jobs that would be cut, but said it would seek to minimise redundancies.

The flights affected are operated by Boeing 737-800 and 737 MAX 8 models. Flights operated by Boeing Dreamliner planes are not affected, Norwegian said.

“These aircraft are primarily used on European routes, but also some longer routes between Europe and the U.S. and Europe and the Middle East,” Norwegian Air said in the statement, adding that this would start in April and would continue “for the best part of 2019”.

The measures announced on Wednesday are part of a cost-saving programme of 2 billion crowns ($234 million) announced in December, Norwegian said.

($1 = 8.5325 Norwegian crowns)

(Written by Gwladys Fouche; Editing by Terje Solsvik & Elaine Hardcastle)