AUSTIN, Texas, June 22, 2023 /PRNewswire/ — Summit Hotel Properties, Inc. (NYSE: INN) (the “Company”) today announced that it has successfully completed the refinancing of its $600 million senior unsecured credit facility (the “Credit Facility”), which is comprised of a $400 million senior unsecured revolving credit facility (the “Revolver”) and $200 million senior unsecured term loan… Continue reading SUMMIT HOTEL PROPERTIES COMPLETES $600 MILLION CREDIT FACILITY REFINANCING
Tag: Strategy
QUARTERHILL AWARDED $7.6 MILLION WEIGH-IN-MOTION CONTRACT WITH THE DISTRICT OF COLUMBIA
Weigh-in-Motion systems at three sites in the District of Columbia will be upgraded and augmented with Virtual Weigh Station and E-screening for Commercial Vehicle Enforcement The upgrades will provide DDOT with several benefits, including improved safety, infrastructure protection, and increased efficiency SASKATOON, SK, June 22, 2023 /PRNewswire/ – International Road Dynamics Inc. (“IRD”), a Quarterhill Inc. (“Quarterhill”) company… Continue reading QUARTERHILL AWARDED $7.6 MILLION WEIGH-IN-MOTION CONTRACT WITH THE DISTRICT OF COLUMBIA
Europa Wire: Škoda Auto Demonstrates Commitment to Transparency and Sustainability with Dedicated Microsite Launch000648
Škoda Auto Demonstrates Commitment to Transparency and Sustainability with Dedicated Microsite Launch (IN BRIEF) Škoda Auto has launched a dedicated microsite that provides comprehensive information on the company’s sustainability initiatives. The microsite covers Škoda’s environmental, social, and governance efforts, showcasing measures to reduce its CO2 footprint, community involvement, and commitment to being a reliable partner.… Continue reading Europa Wire: Škoda Auto Demonstrates Commitment to Transparency and Sustainability with Dedicated Microsite Launch000648
India Digest: Graphy acquires Scenes; Nova IVF buys WINGS IVF
Graphy has bought community management platform Scenes, while Nova IVF Fertility has acquired Ahmedabad-based WINGS IVF. Graphy acquires Scenes Edtech unicorn Unacademy-owned Graphy on Thursday said it has acquired community management platform Scenes. Scenes is an all-in-one community management platform that enables creators to manage, moderate, and monetise their community by selling their digital products,… Continue reading India Digest: Graphy acquires Scenes; Nova IVF buys WINGS IVF
China’s Ruqi Mobility secures over $117m to bring more robotaxis on the road
Ruqi Mobility, the ride-sharing platform under Chinese state-owned automaker GAC Group, has snagged 842 million yuan ($117.2 million) in a Series B round led by Guangzhou Automobile Industry Group, the controlling shareholder of GAC Group. Guangzhou Automobile Industry Group injected around 295 million yuan ($41.1 million), or 35% of the total financing, that is set… Continue reading China’s Ruqi Mobility secures over $117m to bring more robotaxis on the road
Saudi Arabia’s strategic plans to safeguard food security for pilgrims
MECCA, Saudi Arabia, June 21, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims
Xiamen Airlines, Airbus in tie-up to advance sustainable development across aviation industry
XIAMEN, China, June 21, 2023 /PRNewswire/ — On June 21, Xiamen Airlines and Airbus announced a strategic partnership focused on sustainable development during the Paris Air Show. The partnership aims to enhance collaboration in advancing sustainability within the civil aviation sector. Both parties are committed to supporting the United Nations Sustainable Development Goals (SDGs) and… Continue reading Xiamen Airlines, Airbus in tie-up to advance sustainable development across aviation industry
Shared Mobility Market Overview: Ride Hailing And Sharing Services To Drive Growth At A Rate Of More Than 12% – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, June 21, 2023 /PRNewswire/ — As per The Business Research Company’s Shared Mobility Global Market Report 2023, the global shared mobility market size will grow from $271.9 billion in 2022… Continue reading Shared Mobility Market Overview: Ride Hailing And Sharing Services To Drive Growth At A Rate Of More Than 12% – By The Business Research Company
SKF announces electric aviation agreement with Lilium
SKF leads the way in bearing provision for the electric aircraft market GOTHENBURG, Sweden, June 21, 2023 /PRNewswire/ — SKF is today announcing that a supplier agreement has been signed with Lilium, developer of the first all-electric vertical take-off and landing (eVTOL) jet. SKF has supported Lilium on the design of electric motor bearings for… Continue reading SKF announces electric aviation agreement with Lilium
Share-based incentive scheme for the CEO of Kamux for 2023-2026
HÄMEENLINNA, Finland, June 21, 2023 /PRNewswire/ — The Board of Directors of Kamux Corporation has approved a long-term share-based incentive plan for the years 2023-2026 for Tapio Pajuharju, Kamux Corporation’s CEO as of June 1, 2023 (the “plan”). The objective of the plan is to encourage and commit the CEO to implement the strategy and to… Continue reading Share-based incentive scheme for the CEO of Kamux for 2023-2026