GlobeNewswire by notified

Questex to Assume Management Control of the Prestigious NYU International Hospitality Industry Investment Conference Following June 2023 Event

Share

Proceeds from the Agreement to Help Fund Student Scholarships and Further Support the Mission of the NYU SPS Jonathan M. Tisch Center of Hospitality

NEW YORK, May 16, 2023 (GLOBE NEWSWIRE) -- Questex, a leading information services and event company, today announces it has agreed to assume management control of the NYU International Hospitality Industry Investment Conference from the NYU School of Professional Studies (NYU SPS) starting with the 2024 edition. This strategy fits perfectly with Questex’s initiative to build on its leading position in the operational real estate and hospitality marketplace, enhancing its powerful global hospitality portfolio. The amount of the transaction was not disclosed.

The NYU International Hospitality Industry Investment Conference, whose 45th annual conference will take place on June 4-6, 2023, at the New York Marriott Marquis, will become a part of the robust Questex Hospitality Portfolio. The Conference complements the largest hospitality real estate event in the world, Questex’s International Hospitality Investment Forum, which connects capital with real estate and operators annually in Berlin, Germany. It also fits well with “The Hospitality Show,” a new innovative hospitality event to bring together industry leaders and procurement specialists from across the hospitality spectrum, created in collaboration with the American Hotel & Lodging Association (AHLA).

The Questex Hospitality Portfolio is led by Alexi Khajavi, Group President Hospitality, Wellness and Travel. The NYU International Hospitality Industry Investment Conference will become part of the Operational Real Estate Market. The coming together of these leading events under one portfolio reflects the importance of cross-border hospitality investment and the benefits of combining Questex’s best-in-class marketing and database platform with NYU SPS Jonathan M. Tisch Center of Hospitality’s industry expertise and research to deliver information and connections to a global audience of senior level decision makers in hospitality investment, development and operations.

The global hospitality industry is a massive $4.8 trillion market and is expected to grow by over 10% annually to reach $6.8 trillion by 2026. Operators across these businesses share similar needs around information, products, and solutions, which offers Questex an opportunity to scale for growth while serving each of the sub-markets including bars and restaurants, spas, salons and hotel management with sector-specific research, insights, and connections to drive its businesses forward.

For NYU, the proceeds from the agreement will help fund student scholarships at the NYU SPS Jonathan M. Tisch Center of Hospitality and further support the program’s mission of educating and preparing future leaders and innovators for careers in global hospitality management, travel, and tourism.

“For years, the NYU International Hospitality Industry Investment Conference has been one of the most prestigious global industry conferences,” said Nicolas Graf, chaired professor and Associate Dean of NYU SPS Jonathan M. Tisch Center of Hospitality. “We look forward to continuing to work with Questex on the conference to evolve, grow, and deliver unparalleled content. This agreement will help ensure the Conference is the premier hospitality finance and development forum for years to come.”

“This agreement creates a powerhouse Hospitality portfolio. Questex has created the unquestioned leadership position in the overall hospitality industry. We are the only event and information services company to offer a portfolio that includes hotel operations, hotel real estate investment, and other interconnected businesses such as restaurants, bars, gyms, spas, and luxury travel,” said Paul Miller, CEO, Questex. “As a trusted partner in the Hospitality industry, Questex’s experience, proprietary data, and deep relationships across the ecosystem – from investors, owners, developers, advisors, c-suite, decision-makers, and industry partners – allows buyers to conduct business with unprecedented ease, effectiveness, and speed.”

Jonathan M. Tisch, Executive Chairman of Loews Hotels & Co., and Chair of the NYU Conference, commented, “Questex’s investment in the NYU International Hotel Industry Investment Conference speaks to the valuable forum we have created over the last 45 years and is testament to the strength and resiliency in travel and hospitality and in New York City itself. The partnership moving forward will undoubtedly deliver enhanced information, innovation and inspiration to conference attendees and students alike.”

Through general sessions, workshops, and networking events, the NYU International Hospitality Industry Investment Conference convenes top industry executives, from CEOs of hotel brands to various investment and real estate executives, to discover, learn and discuss the latest trends, economic influences, and projections. Previous speakers have included:

  • Sébastien M. Bazin, Chairman, and Chief Executive Officer, Accor;
  • Anthony Capuano, Chief Executive Officer, Marriott International;
  • Mark S. Hoplamazian, President and Chief Executive Officer, Hyatt Hotels Corporation;
  • Reza Akhavi, MD and Co-head of Real Estate at Deutsche Bank Securities;
  • Michael D. Bluhm, Managing Director, Global Head of Gaming and Lodging, Morgan Stanley – Investment Banking;
  • Tyler Henritze, Head of Strategic Investments, Blackstone Real Estate Americas;
  • Christopher J. Nassetta, President and Chief Executive Officer, Hilton; and
  • Keith Barr, CEO of InterContinental Hotels Group.

For more information on Questex, visit questex.com. Stay connected to Questex on LinkedIn.

About the NYU SPS Jonathan M. Tisch Center of Hospitality
The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality, now celebrating close to 30 years of academic excellence, is a leading center for the study of hospitality, travel, and tourism. Founded in 1995, the Tisch Center was established in response to the growing need for hospitality and tourism undergraduate and graduate education. Its cutting-edge curricula attract bright, motivated students who seek to become leaders in their fields.

Through its undergraduate degree in hotel and tourism management, its graduate degrees in hospitality industry studies, tourism management, and event management; a plethora of Professional Pathways programs; and its world-renowned hospitality investment conference, students gain the knowledge and the skill sets that enable them to manage change, to communicate, to thrive in complex work environments, and to advance the businesses of hospitality, travel, and tourism. The Tisch Center recently launched the Hospitality Innovation Hub (HI Hub), which will foster entrepreneurship and creative solutions for the industries it serves. The state-of-the-art facilities offer students, start-ups, established industry partners, and investors opportunities to learn, discover, innovate, and invest.

For more information about the NYU SPS Jonathan M. Tisch Center of Hospitality, visit sps.nyu.edu/tisch.

About Questex
Questex brings people together in the markets that help people live better: travel, hospitality and wellness; the industries that help people live longer: life science and healthcare; and the technologies that enable and fuel these new experiences. We live in the experience economy – connecting our ecosystem through live events, surrounded by data insights and digital communities. We deliver experience and real results. It happens here.

CONTACTS:
Michael DeMeoKate Spellman
212 992 9103212 895 8488
michael.demeo@nyu.edukspellman@questex.com

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Terra Balcanica Announces Private Placement Financing1.12.2023 23:00:00 CET | Press release

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA) announces the intent to complete a non-brokered, private placement (“Private Placement”) for gross proceeds of up to $150,000 through the issuance of up to 3,750,000 common shares (“Common Shares”) at a purchase price of $0.04 per share. The Common Shares will be offered by way of prospectus exemptions in Canada and the Common Shares sold in the Private Placement will be subject to a hold period of four months plus one day. The Closing Date is expected to occur on or about December 11th, 2023, subject to regulatory approvals, including the approval by the CSE and certain other customary conditions including, but not limited to, execution of subscription agreements between the Company and the subscribers. The Private Placement will be utilized for opportuniti

Oxurion Receives Transparency Notifications from Atlas Special Opportunities LLC1.12.2023 19:00:00 CET | Press release

Regulated Information Leuven, BELGIUM, Boston, MA, US – December 1, 2023 – 7.00 PM CET Oxurion NV (Euronext Brussels: OXUR), a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, today announced that, pursuant to Belgian Transparency legislation1 it has received transparency notifications as follows: Oxurion received a first transparency notification on November 22, 2023, from Atlas Special Opportunities, LLC indicating that as of November 13, 2023, it held 0 shares of the then outstanding 3,112,043,514 shares, and therefore crossed below the threshold (3%) by virtue of the sale of voting securities. See Annex 1. Oxurion received a second transparency notification on November 29, 2023, from Atlas Special Opportunities, LLC indicating that as of November 17, 2023, it held 241,545,893 shares of the then outstanding 3,489,458,972 shares, and therefore crossed above the threshold (5%) by virtu

Havila Kystruten AS: Regnskap for tredje kvartal 20231.12.2023 18:34:33 CET | Pressemelding

September var første måned med full drift av alle fire skip. Til tross for forsinkelse av Havila Polaris og Havila Pollux i Q3, ble gjennomsnittlig belegg 70 % og gjennomsnittlig lugarrate kr 4 466. Inntektene er naturligvis preget av forsinkelsene og lavere enn forventet, men selskapet ser en positiv inntektsutvikling fra 2. kvartal og videre ut året. I forbindelse med refinansiering er driftskostnadene påvirket av ekstraordinære kostnader knyttet til juridiske og finansielle rådgivere. Regnskap og balanse påvirkes av valutasvingningene, og selskapet sikrer sine valutaforpliktelser med salg i valuta. Selskapet legger til grunn en normalisert drift av fire skip fremover, uten ekstraordinære kostnader. Selskapet har ambisjoner om et gjennomsnittlig belegg på 80 % for 2024, hvorav 45 % av all kapasitet allerede er solgt. Interessen for Havila Kystruten øker stadig i både inn- og utland, og positive tilbakemeldinger om produkt og konsept mottas på daglig basis. Resultat for 3. kvartal 202

Havila Kystruten : Third quarter 2023 accounts1.12.2023 18:34:33 CET | Press release

September marked the first month of full operation for all four ships. Despite the delays with Havila Polaris and Havila Pollux in Q3, the average occupancy rate reached 70%, with an average cabin rate of NOK 4,466. Revenues are naturally affected by the delays and lower than expected, but the company sees a positive revenue trend from the 2nd quarter and onward throughout the year. In connection with refinancing, operating costs were affected by extraordinary expenses related to legal and financial advisors. Currency fluctuations have had an impact on the financial statements and balance sheet, and the company is hedging its currency commitments through currency sales. The company assumes normalized operation of four ships going forward, without extraordinary costs. The company aims for an average occupancy rate of 80% for 2024, with 45% of all capacity already sold. Interest in Havila Kystruten is continually growing both domestically and internationally, with positive feedback on th

Resultat af aktietilbagekøb1.12.2023 17:41:01 CET | pressemeddelelse

Selskabet meddelte i selskabsmeddelelse 30/2023, at man havde besluttet at iværksætte et aktietilbagekøb på køb af optil 1.000.000 aktier til kurs 2.50 svarende til maksimalt DKK 2.5 mio. i perioden 22. november – 1. december 2023, begge dage inklusive. I hele perioden har der været indlagt en synlig stående budordrer i kurs 2.50, så markedet løbende har kunne følge tilbagekøbets udvikling, og som det også fremgik af selskabsmeddelelse 30/2023, så stod alle insidere tilbage for selskabets aktionærer, så insidere som ønskede at sælge aktier kun kunne tilbagesælge aktier den sidste dag, dvs. fra og med fredag d. 1. december 2023 kl. 09.00. Resultatet af insidernes evt. frasalg vil fremgå af en separat meddelelse. Resultatet af aktietilbagekøbsprogrammet blev at selskabet har tilbagekøbt 19.687 aktier til kurs 2.50 svarende til DKK 49.217,50. Selskabet ejer pr. dags dato totalt 4.854.063 egne aktier svarende til 9,06 % af selskabets aktiekapital. Det samlede antal aktier i virksomheden er