Adventure World has launched a promotional kit, designed to assist agents marketing the group’s product range. Adventure World said at the launch that the kit would be distributed throughout the month and would include a promotional DVD for agents to use in store or on client information evenings. “Our promotional kit is aimed to assist our supportive travel partners to find the best and most suitable product for their clients,” Adventure World general manager Andrew Mulholland said. “We’re forecasting a big year ahead for the travel industry and are excited to offer agents the best product around, including new and never-before-seen experiences in 2011.” The kit also includes an “essential manual” filled with Adventure World’s 30 year legacy, product range and target market. Source = e-Travel Blackboard: N.J
In a bid to restore Egypt’s tourism image, Egypt’s minister of tourism said he has invited a number of Hollywood stars including Oprah Winfrey to hold shows at Cairo’s Tahrir Square. Minister Adbel Nour said during a press conference that he would not allow Egypt to turn into a cheap tourist destination with low cost programs following the political turmoil that troubled the country last month, Al-Masry Al-Youm reported. Starting with Italian travellers, the Minister said other part of the campaign will require the recruitment of Facebook users to publicise Egypt as a tourism destination and invite international travellers to visit the country. Airlines will also play a role in the future of the country’s tourism, with EgyptAir increasing its 23 flights per week to Italy starting from 17 March this year. Mr Nour added that he and his ministry would follow up on its campaign and will attend tourism exhibitions and conferences to promote the glamour of the country’s pro-democracy revolution. Source = e-Travel Blackboard: N.J
Source = The St. Regis Singapore The St. Regis Singapore’s Remède Spa Ranked 3rd for Hotel Spas in Asia & Top 10 for Hotel Spas Worldwide, by Prestigious Travel + Leisure World’s Best Awards 2011The only Singapore hotel ranked in the 2011 Top 100 hotel category, and top 10 for city hotels in Asia categoryThe arbiters of luxury accommodation and refined living, The St. Regis Singapore debuts the Travel + Leisure’s World’s Best Awards 2011 ranked 91st of Top 100 Hotels Worldwide, and ranked 8th in the category of Top City Hotels in Asia.These unprecedented results from the Travel + Leisure World’s Best Awards 2011 Readers’ Survey announced on 7th July 2011, debuts The St. Regis Singapore as the only Singapore hotel to make the Top 100 Hotels Worldwide list and Top 10 City Hotels in Asia list.The St. Regis Singapore’s Remède Spa was also ranked 10th for Top 10 Hotel Spas Worldwide, and 3rd for Top 10 Hotel Spas in Asia, the only Singapore spa to receive this coveted recognition.“Seasoned travelers like Travel + Leisure readers have asserted The St. Regis Singapore as one of the best hotels in the world, especially in Asian cities where we ranked eighth. We are honoured by the recognition, and mandate of travelers who voted for us. The St. Regis Singapore remains committed to our promise of delivering exceptional service and refined living for our guests,” said Ananda Arawwawela, Managing Director of The St. Regis Singapore.Celebrate this esteemed accolade with us, as The St. Regis Singapore presents you the captivating signatures that have won the hearts and votes of artistic voyagers worldwide.Inspired Weekends at the Unrivalled Address Treat yourself to a luxurious stay in Singapore’s urban sanctuary, made even sweeter with a 20% reduction on the best available weekend rate. Book this exclusive celebratory package online, with rates beginning at SGD304++ for an Executive Deluxe Room, inclusive of an epicurean breakfast at Brasserie Les Saveurs.Bask in the year-long tropical warmth, as you enjoy your weekend in the multi-cultural island-city of Singapore. Located minutes from the Orchard Road shopping belt, The St. Regis Singapore is a haven of plush, refined accommodation, with bespoke St. Regis butler service. Enter the serene, award-winning Remède Spa for a pampering experience of a lifetime.This offer is valid from 8th July to 19th December 2011. Terms & ConditionsOffer is valid for stays on Fridays, Saturdays and Sundays only. Black-out dates of 23rd to 25th September applies. Rates are per room per night and subject to availability. Advance reservation is required. Rates are pre-paid and non-refundable.
Studio Deluxe Citadines on Bourke Melbourne wins ‘Best Suite/Apartment Hotel’ at the AHA National Awards for Excellence 2011The Ascott Limited (Ascott)’s first Citadines Apart’hotel in Australia, Citadines on Bourke Melbourne, was announced as the winner of the ‘Best Suite/Apartment Hotel’ category at the 2011 Australian Hotels Association (AHA) National Awards for Excellence. The awards recognise Australia’s outstanding hotel industry performers who display excellence in service standards, business operations and quality management. This is the third prestigious award for Citadines on Bourke Melbourne in four months. The property, which opened in July last year, also garnered the Silver Award in ‘New Accommodation Development’ at the National Accommodation Industry Awards for Excellence 2011 and the ‘Best Suite/Apartment Style Hotel’ at the 2011 AHA State Awards for Excellence (Victorian Accommodation Division) earlier this year. Mr Dean Minett, Ascott’s Country General Manager for Australia, said: “Having won at state level was a wonderful achievement for Citadines on Bourke Melbourne, but to win nationally with such fierce competition in this category is the ultimate accolade.” “The awards are judged by a mystery guest audit of the property. The win is a testament to our outstanding customer service and the quality of our product” said Mr Minett.Citadines on Bourke Melbourne is located in the heart of Melbourne on Bourke Street. At Citadines on Bourke Melbourne, guests can create their own stay experience.The property offers studio, one and two-bedroom apartments and each apartment comes with separate living and dining areas, kitchenettes, modern fittings, state-of-the-art home entertainment system and wireless broadband internet access. In addition, travellers can choose to enjoy a range of facilities including conference and meeting spaces, launderette, swimming pool, sauna, gymnasium and outdoor sundeck and services such as business support and room service. Source = Ascott
Agents will now have the option of sending their clients on Inspiring Journeys into New Zealand after the tour operator announced it has added New Zealand to its 2012/13 brochures.Launching online yesterday and expected to arrive in stores next week, next year’s offerings will include three new options to travel around New Zealand including a six day ‘Endless Shore’ North Island escape, eight day Southern Drift program as well as a full North and South Island 13 day itinerary, ‘The Long White Cloud’. Speaking to e-Travel Blackboard yesterday Inspiring Journeys managing director Tammy Marshall explained the extension into New Zealand came as a result of feedback which found the neighbouring country quite popular amongst Aussies.She said the New Zealand itineraries will be based on the tour operator’s pillars; eco, nature and experiential as well as bring in aspects of the Maori culture.“Key for us is choice, we try to allow the travellers to customise their experience on any day that we can so they can have their any choice of activities to choose from,” Ms Marshall said.Despite still undergoing recovery from the quake earlier this year, Ms Marshall noted that Christchurch would play a role in the new itineraries, with guests staying on the outskirts of the city for one night.“Christchurch will be rebuilding itself over time,” she said. “Where we stay on the outskirts is a garden type of area so it is safe and outside the CBD area so we are still supporting New Zealand by using Christchurch as a gateway.”As well as the new New Zealand additions, Ms Marshall said the new brochures would see an extra South Australia option that will offer “diverse outback experience as well as a trip through the wineries”.The company’s head also told e-Travel Blackboard the company was looking to move its offering to more of an international market over the coming years. Source = e-Travel Blackboard: N.J
Air Pacific will attempt to have passengers aboard flights bound for Fiji today from Auckland, Sydney, Brisbane, and Los Angeles. The following flights are now operational:FJ410 – Auckland to Nadi (1445L AKL departure)FJ910 – Sydney to Nadi (1410L SYD departure)FJ412 – Auckland to Nadi (1900L AKL departure)FJ922 – Brisbane to Nadi (2355L BNE departure)Please note all times noted above are local airport times. There is no need for passengers to have amended or re-validated flight tickets for these departures. Customers should expect some boarding and departure delays and certain flights noted above will not be catered with food or meals. The original embargo of no inbound passengers or commercial cargo came as a result of severe flooding and cyclone warnings for the troubled Pacific islands. Air Pacific passengers with any queries or concerns should visit the airline’s Travel Alerts page. Source = e-Travel Blackboard: P.T
Brisbane is about to gain its most sophisticated new hotel and lifestyle address, THE CALILE, in Fortitude Valley’s chic dining and boutique destination, James St.Sydney-based TFE Hotels will operate THE CALILE, which is being developed by Calile Malouf Investments (CMI) and due to open in 2018. CMI also delivered the highly acclaimed James St Market.THE CALILE will become the second hotel under the TFE Hotels Collection brand and will encompass the brand’s ethos of beautiful design, bespoke service and attention to the individual.Designed by Richards & Spence Architects, the seven-storey hotel will be located on bustling James Street – bounded by James, Doggett and Wandoo Streets – and will comprise 178 generously sized luxury hotel rooms and suites with over 2,600 square meters of new retail and hospitality space.Subtropical in style, THE CALILE promises a resort feel in a city-fringe location, making it a true urban oasis. It seeks to embrace Brisbane’s sunshine, blue skies and love of outdoor living to create a hotel that will set a new standard in design and service for travellers and locals alikeThere will be a mix of ground floor boutiques, restaurants and cafés linking to a podium level designed as a raised urban landscape – complete with pool, cabanas, a poolside restaurant, day spa, fitness centre and business centre. The podium level will also house a function room with capacity to host banquets for up to 300 seated guests. Basement parking will be provided for 220 vehiclesJames St in Fortitude Valley, just 2.5 km from the Brisbane CBD and 14 km from Brisbane airport, has rapidly become Brisbane’s foremost retail and lifestyle precinct. Having emerged organically from its inner-city industrial roots, the street and surrounding area has evolved into a high energy urban hub.James Street has a mix of 130 specialty shops, art galleries and day spas, award-winning restaurants Cru Bar & Cellar and James St Market and Palace Centro Cinemas.TFE Hotels CEO Rachel Argaman said THE CALILE would be much more than a hotel – it would be a new icon for Brisbane and a destination for the city’s stylish set and visitors to the city.“We are really excited to be partnering with CMI, who have been instrumental in transforming James Street into the most sought-after destination in one of Australia’s fastest growing cities,” Ms Argaman said.“This will be a sophisticated and fun resort experience in an urban location – where people will meet for drinks with friends, to shop or for a fun night out, taking advantage of that glorious sub-tropical outdoor lifestyle that Brisbane has to offer.” TFE Hotels Source = TFE Hotels
AccorHotels scoops Accommodation Chain of the YearAccorHotels scoops Accommodation Chain of the Year at 2016 Hotel Management AwardsAustralia and New Zealand’s largest hotel operator, AccorHotels, has collected 10 coveted award wins at the 2016 HM Awards for Hotel and Accommodation Excellence, including the highest accolade of Accommodation Chain of the Year.AccorHotels was one of the most triumphant hotel groups at the 2016 HM Awards ceremony, held at Sydney Town Hall on Friday night (2 September), receiving a further 10 Highly Commended achievements across a variety of categories for outstanding hotel properties, departments and people.It was a big night for new-build hotel, ibis Styles Brisbane Elizabeth Street, crowned Economy Property of the Year, whilst for the third year running, the iconic Fairmont Resort Blue Mountains MGallery by Sofitel won Meetings and Conferencing property. Voyages Ayers Rock Resort, which operates under a franchise agreement with AccorHotels, won the Environmental Program category for the Tintu Solar Field project whilst AccorHotels were honoured to take out the Service to the Community accolade for Race to Survive: Kokoda Trail 2015.AccorHotels prevailed in the People Award categories with the coveted Rising Star Award going to Mitchell Cole, from AccorHotels’ Darling Harbour, Sofitel Brisbane Central’s Pericles Yiannakis was named Concierge of the Year, Alice Vannini received the win for Revenue Management Associate from AccorHotels’ Darling Harbour, and best Housekeeper was awarded to Meili Maerdan (ibis Adelaide).Highly commended Awards were awarded to Sails in the Desert, Voyages Ayers Rock Resort (Upscale Property), Elements of Byron MGallery by Sofitel (Hotel Interior Design), Novotel New Plymouth Hobson (NZ Regional Property), Sofitel Brisbane Central (Meetings and Conferencing Property) and The Sebel Melbourne Docklands (Environmental Program, I Chose to be Green).Recipients of Highly Commended Awards were also issued to Michael Issenberg, AccorHotels’ Chairman and CEO Asia-Pacific (HM Magazine Asia-Pacific Hotelier of the Year). Fairmont Resort Blue Mountains MGallery by Sofitel’s Aliesha Dickon was Highly Commended as Human Resources Associate, Benjamin Blasset from AccorHotels’ Darling Harbour was recognised as Finance Associate, while Mark Mason (Hotel Engineer), Manfred Pieper (Australian General Manager) and Vanessa Grace (Hotel Chef) all from Voyages Ayers Rock Resort, were given a nod.Chief Operating Officer AccorHotels Pacific, Simon McGrath, said “We are humbled to receive an outstanding array of achievements at the 2016 HM Awards, particularly Accommodation Chain of the Year and Service to the Community. AccorHotels are proud of our remarkable people and the recognition they have received.“Congratulations to Dr Jerry Schwartz and his family for being inducted into the HM Awards Hall of Fame. I’d like to congratulate all our hotel finalists and winners on another successful year which is a testament to their exceptional performance and commitment.“Each year, the calibre of award finalists raises the hospitality benchmark even higher and AccorHotels congratulate our fellow industry colleagues for their HM awards achievements and service to our industry.”The annual HM Awards acknowledge, reward and celebrate the enormous achievements which exemplify excellence in performance and service within the hospitality industry across Australia, New Zealand and the South Pacific. For a full list of Award winners visit www.hmawards.com.auSource = AccorHotels
Source = Cunard Cunard announces record Australian deployment for Queen ElizabethCunard announces record Australian deployment for Queen ElizabethCunard has unveiled plans to base its popular liner Queen Elizabeth in Australia for a record two months, in a move which reflects growing demand for local cruises on the luxury cruise line’s ships.The 90,900-tonne Queen Elizabeth will offer seven different cruises to New Zealand, South Australia and Tasmania from Sydney and Melbourne between February and April 2019 – the longest deployment Down Under for any of Cunard’s current fleet of Queens.The cruises are a major highlight of Cunard’s 2019 world voyage program, which will be released in Australia on March 14 and go on sale on March 30, 2017.Announcing the move just days after the spectacular Sydney Royal Rendezvous of Queen Elizabeth and Queen Mary 2, Cunard Vice President International Development David Rousham said the number of Australians cruising on Cunard world voyages was continuing to grow.“Whenever Cunard’s itineraries have included roundtrip options from Australian ports and visits to New Zealand, the demand has always been tremendous,” Mr Rousham said.Mr Rousham said he expected similar strong interest in the 2019 local cruises, which will double the number of Australians and New Zealanders travelling on Cunard compared to previous years.“In February 2019, Queen Elizabeth will have recently undergone a refit, and so our youngest Cunard ship will be looking her most luxurious best as she starts this new chapter in Cunard’s long and illustrious 179-year history,” he said.The 2019 program features two roundtrip New Zealand voyages – one from Sydney and the other from Melbourne. There are also three roundtrip voyages including Tasmanian itineraries – two from Melbourne and one from Sydney.Mr Rousham said Queen Elizabeth’s local season would offer a total of 27 combination itineraries to meet guests’ needs.“This will be the first time that Cunard has featured so many voyages to and from Melbourne in addition to Sydney, and will give Australians a much greater number of options to experience Cunard than ever before,” he said.“We’ve seen tremendous growth in the number of Australians and New Zealanders cruising with Cunard since the spectacular maiden visit of Queen Mary 2 to Sydney in 2007 and we look forward to expanding the market further with this latest exciting development.”
1st Modern Riverboat in U.S. History, American Song1st Modern Riverboat in U.S. History, American Song, Has Departed On Inaugural Cruise From New OrleansAmerican Song, the 1st modern riverboat in U.S. history, departed from the Port of New Orleans this past Saturday, October 6, 2018. Underway at 100% capacity, this historic new riverboat is off to a great start and is cruising the Mississippi River on its 8-day inaugural sailing between New Orleans and Memphis. American Song’s184 guests are enjoying an unforgettable cruise with stops at Oak Alley, Baton Rouge, St. Francisville, Natchez, and Vicksburg, arriving in Memphis Friday, October 12th.American Song is the first ship in American Cruise Lines’ new modern riverboat series—the 2nd ship in the series, American Harmony, is already well under construction and will be launched in a few weeks. American Cruise Lines is pleased to offer American Song and its new series of modern riverboats in addition to its current fleet of authentic paddlewheelers.After this week’s inaugural cruise, American Song will continue to cruise the Mississippi throughout 2018. In 2019, American Song will reposition out West to the Columbia & Snake Rivers and 2nd modern riverboat, American Harmony, will begin cruising the Mississippi.Equipped with every modern advancement, including a unique bow with a retractable gangway, American Song represents the historic evolution of American Riverboats. Showcasing gorgeous interior design elements, from a five-story glass atrium to spectacular spacious lounges, American Song inspires. Thoughtfully designed to bring the outside world in, American Song boasts sweeping views throughout the ship. With the largest staterooms in the industry, floor-to-ceiling glass doors, and private furnished balconies, American Song is the first ship of its kind available on U.S. Rivers.About American Cruise LinesAmerican Cruise Lines was recently awarded Cruise Critic’s 2018 Cruisers’ Choice Award for Best River Line in the U.S. & Canada. American operates the largest and newest fleet of authentic paddlewheelers, coastal cruise ships, and the only modern riverboats in the U.S. With over 35 itineraries visiting 25 states, American cruises along the rivers, as well as the coastal and inland waterways of New England, Alaska, the Pacific Northwest, the Mississippi River system, and the Southeast.Source = American Cruise Lines
Peppers Beach Club & Spa, Palm CoveHot tropical escapes on sale with Mantra HotelsNorth Queensland is at its tempting best with Mantra Hotels’ newly launched range of great-value Tropical Escape accommodation deals.Renowned as an aquatic paradise, perfect for snorkelling, diving and swimming, and boasting the World Heritage listed Daintree Rainforest, first-class golf courses, day spas and incredible dining options, North Queensland provides a stunning holiday backdrop.Rates start from just $110* per room per night at Mantra Hotels’ most popular tropical locations from Port Douglas to Hervey Bay and many of the offers are valid for sale and travel until June 2019.To book any of the below deals, call 1300 987 603 or visit mantrahotels.com/deals/tropical-escape.Port DouglasEnjoy browsing Macrossan Street’s famous boutique stores, a stroll along Four Mile Beach, or simply relax by the pool with a stay at Mantra PortSea, Port Douglas. Stay from $110* per night in a Hotel Room (two night minimum stay of $220*). Offer includes a 10% discount at Wildlife Habitat and Lady Douglas River Cruise. Valid for sale and travel until 28 June, 2019.Palm CoveIdeally located between Cairns and Port Douglas, the charming village of Palm Cove is the ideal romantic holiday destination. Stay from $199* per night in a Resort Spa (two night minimum stay of $398*) at Peppers Beach Club & Spa and receive full breakfast, Wi-Fi (up to 500MB), movies, 10% off food at Lime & Pepper and a complimentary 30 minutes when you book any 60 minute treatment or longer at the onsite Exclusive Spa. Valid for sale and travel until 28 June, 2019.CairnsCairns is calling for guests in search of a relaxing break within easy reach of the famous attractions of the Tropical North. Located on the Cairns Esplanade overlooking the harbour and within walking distance to some of Cairns best restaurants and entertainment hubs, Mantra Trilogy is the perfect place for a tropical getaway. Stay from $125* per night in a Hotel Room (two night minimum stay of $250*). Offer includes 10% off Cairns Aquarium admission. Valid for sale and travel until 28 June, 2019.WhitsundaysAirlie Beach is the gateway to the Whitsundays, and is always bustling with activities, from dining to shopping to nightlife and more. Stay at Mantra Club Croc, conveniently located on Shute Harbour Road within a few minutes walk of the Whitsunday Shopping Centre and five minutes drive to the vibrant main street of Airlie Beach, from $135* per night in a Garden Deluxe Room. Offer includes a two-for-one breakfast voucher. Valid for sale and travel until 28 June, 2019.Magnetic IslandHop aboard the Sealink Ferry in Townsville and in just 25 minutes, you’ll find yourself on beautiful Magnetic Island. Overlooking the Coral Sea and marina, Peppers Blue on Blue Resort is an island oasis. Stay from $145* per night in a Hotel Room (two night minimum stay of $290*). Offer includes full breakfast, 10% off dining at Boardwalk Restaurant & Bar, Wi-Fi (up to 500MB) and movies. Valid for sale and travel until 27 June, 2019.Hervey BayMantra Hervey Bay overlooks Hervey Bay’s famous calm waters – one of the safest, most family-friendly beaches on the Queensland coast. Stay from $105* per night (Sun-Fri) in a Hotel Room (two night minimum stay of $210*) at Mantra Hervey Bay. Offer includes car parking for one vehicle. Valid for sale and travel until 30 June, 2019.*Conditions apply, subject to availability.ABOUT ACCORHOTELSAccorHotels is a world-leading travel & lifestyle group and digital innovator offering unique experiences in more than 4,500 hotels, resorts and residences across 100 different countries.With an unrivaled portfolio of internationally renowned hotel brands encompassing the entire range from luxury to economy, from upscale to lifestyle and midscale brands, AccorHotels has been providing savoir-faire and expertise for more than 50 years.In addition to its core hospitality business, AccorHotels has successfully expanded its range of services, becoming the world leader in luxury private residence rental with more than 10,000 stunning properties around the world. The Group is also active in the fields of concierge services, co-working, dining, events management and digital solutions.Relying on its global team of more than 250,000 dedicated staff, AccorHotels is committed to fulfilling its primary mission: to make every guest Feel Welcome. Guests have access to one of the world’s most attractive hotel loyalty programs – Le Club AccorHotels.AccorHotels plays an active role in its local communities and is committed to promoting sustainable development and solidarity through PLANET 21 Acting Here, a comprehensive program that brings together employees, guests and partners to drive sustainable growth.From 2008, the AccorHotels Solidarity Endowment Fund has acted as a natural extension of the Group’s activities and values, helping to combat the social and financial exclusion experienced by the most disadvantaged members of society.Accor SA is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACRFY) in the United States.For more information or to make a reservation, please visit accorhotels.group or accorhotels.com. Or join and follow us on Twitter and Facebook.Source = Mantra Hotels
The state of Andhra Pradesh, which is on a massive drive to draw investments and build a new capital, has now roped in Bollywood actor Ajay Devgn as its brand ambassador. His wife Kajol would reportedly be the co-promoter of the state.The Bollywood star had a chat with Chief Minister N Chandrababu Naidu on movies, entertainment and business that he described as warm and delightful, and the CM was equally enthusiastic on Twitter about their lively meeting.Actor Ajay Devgn showed interest in investing in theme parks, resorts, water-based parks and the food processing sector. Devgn wants to put Amaravati, Andhra Pradesh’s up-and-coming capital on the frontlines of the global digital network with a media city – one that will feature film, HD TV and audio studios, digital post-production and media management services in the cloud.The Andhra Pradesh government has also approved a new policy for leasing out its land for tourism development activities. The state Cabinet, which met under the chairmanship of CM Naidu, approved the new policy under which land under 10 acres would be leased out through competitive bidding.“Two percent of the basic land value will be fixed as the base price and land would be allotted on lease to the highest bidder based on their technical and economic capacity,” informed Naidu.Depending on the size of investment for a tourism project, land would be given on an initial lease of 3 years. “If they do well, we will extend the lease for a further 33 years,” the CM added. The more the tourism sector will be developed, the more it would contribute to economic development of the state, Naidu pointed out.
The 5th Asian Tourism Fair (ATF), organised by the popular tourism magazine in Bangladesh–Parjatan Bichitra in collaboration with Bangladesh Tourism Board (BTB) and Bangladesh Parjatan Corporation (BPC), Ministry of Civil Aviation and Tourism, Government of Bangladesh, is scheduled to take place on September 29, 30 & October 01, 2016 at the International Convention City, Bashundhara (ICCB), Dhaka, Bangladesh.The theme of ATF Dhaka this year is Linking Tourism Diversity. It is a mix of B2B and B2C pattern for inbound and outbound tourism operators. The fair intends to help build strong linkage among industry partners, service providers and travellers.Bangladesh is one of the fastest growing markets for outbound and domestic tourists. Many of the companies are offering the annual corporate trip at home as well as abroad. Flights are increasing significantly between Bangladesh and other countries, especially in the Asian and Middle East regions.ATF Dhaka is a platform providing huge opportunities for tourism sellers from Asian countries to come and showcase their latest products and services to Bangladeshi buyers. It is the largest and most popular tourism event in Bangladesh.As a comprehensive tourism showcase for better business networking, the fair acts as the ground for meeting point of private sectors, government organisations and development agencies with regional as well as far off countries.On the occasion of Visit Bangladesh Year 2016, ATF has taken added glory and prestige with the sideline events like the showcase of Green Initiatives, Community Based Tourism Mart, Tourism Skills Convention, seminars, workshops, cultural exchange, photo exhibition, etc. along with tourism trade exhibition and B2B sessions.
From September 2017, the European hotel group, AccorHotels will start functioning on private island of Meradhoo within Gaafu Alifu Atoll in Maldives. The resort, which has been taken over from Dhevanafhusi Maldives Luxury Resort, will be gradually upgraded before being rebranded as Raffles by 2018.Vincent Yeo, CEO of CDL Hospitality Trusts, the property owner said that the appointment of AccorHotels for the resort will progress to optimise its asset potential and redefine this resort at the very top end of the luxury resort sector in the Maldives, following the re-positioning exercise in 2018.The property currently features 21 island villas and 16 ocean villas with private pools, along with three restaurants, a bar, spa, an over-water fitness centre, water sports facilities and a PADI-certified dive centre. Facilities like private dining and private chef along with 24-hour butler service will also be provided henceforth.Speaking to the Accor Hotel’s Chief operating officer, Upper Southeast and Northeast Asia, Patrick Basset said, “We are thrilled to announce our very first luxury resort in the Maldives at a time when the region is enjoying excellent growth, especially with travelers from Asia Pacific. AccorHotels is bringing to the resort our expertise in delivering unparalleled luxury experiences renowned in our Raffles, Fairmont and Sofitel brands.”The Dhevanafushi Maldives Luxury Resort is a 55-minute flight from Male International Airport, followed by a 15-minute speedboat transfer.
Tripoto has partnered with Morris Garages (MG) India, the iconic British Automaker for immersive video solutions endeavour, offering to boost awareness and sustain interest about the brand ahead of its India launch this year. Tripoto is creating a non-fiction travel web series, ‘World of MG: An Indian Abroad’, which will be shot in six different countries before concluding in India.Tripoto has collaborated with actor and model Amol Parashar for the 7-season web series, one season each for seven countries. Amol will be travelling to all seven countries, promoting and sustaining Morris Garages as the world’s foremost luxury car brand. The series will have Amol bring to life how Morris Garages has been a part of these countries through their culture, food, festivals and cars.Talking about ‘World of MG: An Indian Abroad’, Michael Pargal Lyngdoh, Co-founder, Tripoto said, “The digital renaissance in our country has triggered the youth to turn to the internet for alternative and shareable content. Web series has become an impactful way to present a brand and create lasting conversations. Through World of MG: An Indian Abroad, we aim to build a connection for Morris Garages (MG) India amongst our strong and active community of more than 25 million travellers.”Speaking on their association with Tripoto, Pallavi Singh, Marketing Head, Morris Garages (MG) India said, “Since the inception of the brand in 1924, storytelling has been an integral part of MG. In India, we have been following in the footsteps by focussing on powerful, emotive video content using new-age digital tools and formats. We’ve had a great association with Tripoto in the past with #RoadToMGLive! Through World of MG: An Indian Abroad series, we hope to take this association further ahead by giving a peek into MG’s global presence across the world and thereby letting communities experience the local cultural flavour.”The first season of the series with four episodes was shot in Thailand and was shown back-to-back each day from March 14 to March 17 on Tripoto’s social media channels and its website (www.tripoto.com).Apart from Thailand, ‘World of MG: An Indian Abroad’ has been shot in China and other countries in the travel map include Egypt, Australia, United Arab Emirates and South Africa, culminating in India.
July 25, 2011 433 Views in Government, Origination, Servicing Dodd-Frank FDIC Federal Reserve Lenders & Servicers OCC Processing QRM Service Providers 2011-07-25 Ryan Schuette Real estate and relocation servicers provider “”Realogy Corporation””:http://www.realogy.com/ became the latest in a string of companies and trade associations to file critical commentary with regulatory authorities overseeing the Qualified Residential Mortgage (QRM) rule, the embattled proposal that industry groups say would crimp housing by forcing homebuyers to front 20 percent in down payments.[IMAGE]In a “”statement””:http://www.realogy.com/media/pr/show_release.cfm?id=1044, Realogy said it “”filed””:http://www.realogy.com/documents/RealogyFilesCommentsDoddFrankMortgageRules.pdf a proposal to replace the QRM rule, as created by the Dodd-Frank Act, with an “”enhanced disclosure approach”” that would require mortgage-backed securities issuers to fully and accurately disclose risks in published analysis.””We believe the current QRM definition that includes a down-payment requirement of 20% would create unduly tight credit standards and place homeownership out of reach for millions of potential buyers,”” Richard Smith, president and CEO of Realogy, said in the statement. “”This was not the intent of Congress when the Dodd-Frank Act was passed, and we remain hopeful that the regulators will make a course correction, wisely choosing not to damage an already fragile housing market.””The commentary filed with regulatory authorities marks another stab by companies and industry groups at the controversial QRM rule. [COLUMN_BREAK]In June, the Coalition for Sensible Housing Policy (CSHP) released a white paper outlining the considerable risks a QRM rule would pose to mortgage markets. Over 320 members of Congress and some 44 civil rights organizations and lenders, among others, endorsed the paper and stood with CSHP to call for a reversal of the rule.In a “”statement””:http://hagan.senate.gov/?p=press_release&id=1082, one of the opposing lawmakers, Sen. Kay Hagan (D-North Carolina), called the rule and other stipulations “”strict, inflexible restrictions proposed by banking regulators [that could] put home ownership out of reach for many creditworthy American families,”” adding that “”the proposed rule runs counter to the commonsense, bipartisan provision”” that she and other senators wrote into Dodd-Frank.””The proposed QRM goes too far in restricting credit, which will harm borrowers and the nation’s fledgling economic recovery,”” Frank Keating, president and CEO of the “”American Bankers Association””:http://www.aba.com/default.htm (ABA), said in a statement. “”We stand as part of [CSHP] in seeking a revision of this ill-conceived proposal.””Bob Davis, ABA’s EVP for mortgage markets and public policy, told _MReport_ in a past interview that the QRM rule would nip a market already devoid of risky loans.””If you end up with an overly restrictive risk retention requirement├â┬ó├óÔÇÜ┬¼├é┬ª it will eliminate 50 percent to 70 percent of loans the GSEs are buying,”” he said. “”It will come out of conservatorship and be subject to these restrictions. There are no risky loans being generated today,”” and these may further decline if the QRM rule goes on record.The six regulatory agencies responsible for the QRM rule ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô a band that includes the “”Federal Reserve””:http://www.federalreserve.gov/, “”Office of the Comptroller for the Currency””:http://www.occ.treas.gov/, and “”FDIC””:http://www.fdic.gov/, among others ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô will allow commentary for the proposed rule until August 1. Companies, Industry Groups Continue QRM Rule Fight Share
in Government, Origination November 12, 2012 461 Views Private Insurance Activity Turns Down in September Agents & Brokers Attorneys & Title Companies Genworth Mortgage Insurance Corp. Investors Lenders & Servicers Mortgage Guaranty Insurance Corp. Mortgage Insurance Mortgage Insurance Companies of America Processing Radian Guaranty Inc. Service Providers 2012-11-12 Tory Barringer Share New private mortgage insurance hit a roadblock in September, according to “”Mortgage Insurance Companies of America’s””:http://www.privatemi.com/news/index.cfm (MICA) monthly statistical report.[IMAGE]MICA’s member companies (“”Genworth Mortgage Insurance Corporation””:http://mortgageinsurance.genworth.com/, “”Mortgage Guaranty Insurance Corporation””:http://www.mgic.com/, and “”Radian Guaranty Inc.””:http://www.radian.biz/page?name=HomePage) reported more than $398.6 billion in primary insurance in force for the month. That volume is up from August’s $397.5 billion.While insurance in force increased, new insurance slowed down. According to the report, dollar volume of primary new insurance written on newly originated conventional mortgages totaled $10.1 billion in September, with 37,554 borrowers using private insurance to buy or refinance homes.Both numbers were down from August, when an estimated 43,949 borrowers took out approximately $11.3 billion in new insurance.There was also a monthly decrease in applications. MICA members reported receiving 40,353 private mortgage insurance applications, down from 46,891 in August.While September’s decline in activity may mark a slowdown, 2012 has still been a year of marked recovery for the industry. New insurance and applications were both elevated year-over-year: MICA members wrote about $4.9 billion in insurance in September 2011 and received 27,939 applications.Defaults increased slightly, with MICA members reporting 25,049–about 300 more than in August. Cures fell, meanwhile, dropping to 18,968 from 20,612 in August.
“”FrontDoor Communities””:http://www.frontdoorcommunities.com/ announced it has closed on 158 acres in Atlanta in what is the city’s largest residential land acquisition in the last seven years.[IMAGE]The land, located in south Forsyth County, will be used to develop FrontDoor’s first project in Georgia: a community called “”Traditions”” with more than 400 homes.[COLUMN_BREAK]””After developing and building successful communities in Charleston, Naples and Orlando, we are thrilled to have purchased the land for our first project in our hometown,”” said Terry Russell, CEO and partner at FrontDoor. “”We know the residents in this area, as well as families looking to relocate to Forsyth County, will appreciate the high quality of life and conveniences our communities provide.””According to a release, amenities in the new community will include a pool, tennis courts, 12 parks, and a clubhouse overlooking a lake. Residents will also have access to local award-winning schools and outdoor recreation sites nearby.””Forsyth County is one of the most sought-after and fastest-growing residential submarkets in the area,”” Russell said. “”We couldn’t have chosen a more ideal location for our entry into the metro Atlanta market.”” FrontDoor Communities Acquires 158 Acres in Atlanta Agents & Brokers Attorneys & Title Companies Company News Investors Lenders & Servicers Processing Service Providers 2013-07-10 Tory Barringer in Data, Government, Origination, Secondary Market, Servicing July 10, 2013 453 Views Share
Share Agents & Brokers Attorneys & Title Companies Company News CoreLogic Investors Lenders & Servicers Service Providers 2013-12-05 Tory Barringer CoreLogic, Urban Institute Come Together in Strategic Alliance “”CoreLogic””:http://www.corelogic.com/ and the “”Urban Institute””:http://www.urban.org/ have formed a strategic alliance to power further economic and social policy research, the two groups announced. Through the alliance, CoreLogic’s data will be used to power the research conducted by the Urban Institute’s newly formed Housing Finance Policy Center.[IMAGE]According to a release from CoreLogic, the alliance’s principal goal is to enable the Housing Finance Policy Center to enhance its analytical work. In support of that objective, the Urban Institute will produce data-driven reports, policy analyses, and white papers to inform public policy.””We believe this is a real win-win relationship,”” said Faith Schwartz, SVP of the Government Solutions Group at CoreLogic. “”The Urban Institute is a prominent and well-respected research organization. We couldn’t be happier to work with them.””Laurie Goodman, director for the Urban Institute’s Housing Finance Policy Center, agreed.””We are very pleased to have a strategic alliance with CoreLogic. They are an incredible provider of data; this data is critical to doing independent, broad based public policy research in the housing finance area. It’s our hope that the alliance will continue to grow from here,”” Goodman said.To kick off the initiative, CoreLogic and the Urban Institute co-hosted a day-long event in the nation’s capital titled “”Data, Demand and Demographics: A Symposium on Housing Finance.”” The event featured keynote presentations and discussions on a number of topics, including future homeowner and rental demographics, increasing liquidity and transparency in the secondary markets, and how to best improve credit availability. Chief among the speakers was Gene Sperling, director of the National Economic Council and assistant to President Obama on economic policy.””This event has given our strategic alliance some great momentum,”” Schwartz said. “”When we look at the quality of speakers, panelists and the turn out, it’s easy to get excited about what this alliance can bring to the table in terms of housing policy insight.”” in Data December 5, 2013 428 Views
in Headlines, News, Origination What Rate Increase? Mortgage rates might not be climbing as steadily as many predicted. In fact, according to the Primary Mortgage Market Survey (PMMS) released by Freddie Mac this morning, rates on both 30-year and 15-year mortgages are down from one week ago and, for the third straight week, average rates across the country have remained within two basis points.For the week ending Feb. 9, the 30-year fixed-rate mortgage averaged 4.17 percent—down from the previous week’s average of 4.19 percent, but up significantly from the same time last year, when rates averaged 3.65 percent.”Rates are at about the same level at which they started the year and have stayed within a two basis point range over the past three weeks,” said Sean Becketti, Freddie Mac’s Chief Economist. “Mixed economic releases—such as Friday’s jobs report and uncertainty about the Administration’s fiscal policies—have contributed to the holding pattern in rates.”Rates on 15-year mortgages were also down from the previous week, averaging 3.39 percent, versus last week’s rates of 3.41 percent. The average 15-year mortgage rate this time last year was 2.95 percent.The average rate on five-year Treasury-indexed hybrid adjustable-rate mortgages was down this week, too, dropping from 3.23 percent to 3.21 percent. In 2016, the five-year ARM rate was about 2.83 percent.Freddie Mac has provided mortgage market data via the PMMS since 1971. Released every Thursday, the report uses survey data collected weekly on FRM and ARM loans. To see data from this week’s PMMS or others from this year, visit FreddieMac.com. Freddie Mac Primary Mortgage Market Survey Mortgage Rates 2017-02-09 Staff Writer February 9, 2017 627 Views Share