Πέμπτη, 22 Ιουνίου 2017

CARNIVAL CORPORATION & PLC REPORTS SECOND QUARTER EARNINGS

Αποτέλεσμα εικόνας για CARNIVAL CORPORATION & PLC REPORTS SECOND QUARTER EARNINGS

MIAMI (June 22, 2017) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced U.S. GAAP net income of $379 million, or $0.52 diluted EPS, for the second quarter of 2017 compared to U.S. GAAP net income for the second quarter of 2016 of $605 million, or $0.80 diluted EPS. Second quarter 2017 adjusted net income of $378 million, or $0.52 adjusted EPS, was higher than adjusted net income of $370 million, or $0.49 adjusted EPS, for the second quarter of 2016. Adjusted net income excludes unrealized gains/(losses) on fuel derivatives and other net charges, which totaled gains of $1 million for the second quarter 2017 and $235 million, or $0.31 per share, for the second quarter 2016. Revenues for the second quarter of 2017 of $3.9 billion were higher than the $3.7 billion in the prior year.
Carnival Corporation & plc President and Chief Executive Officer Arnold Donald noted, “Strong execution drove significant operational improvements, which more than offset the substantial drag from fuel and currency, leading to another second quarter adjusted earnings record. It was reinforcing to see over five percent improvement in cruise ticket prices, affirming our efforts to increase demand by building positive word of mouth through the delivery of exceptional guest experiences as well as our innovative marketing and public relations programs.”
Key information for the second quarter 2017 compared to the prior year:
        Gross revenue yields (revenue per available lower berth day or “ALBD”) increased 2.7 percent.In constant currency, net revenue yields increased 5.1 percent for 2Q 2017, better than March guidance of up 2.5 to 3.5 percent.
        Gross cruise costs including fuel per ALBD increased 3.2 percent. In constant currency, net cruise costs excluding fuel per ALBD increased 1.5 percent, in line with March guidance of up 1.5 to 2.5 percent.
        Changes in fuel prices (including realized fuel derivatives) and currency exchange rates decreased earnings by $0.12 per share.
                Highlights from the second quarter include the delivery of Princess Cruises’ Majestic Princess, the first ship tailored for the China market, as well as the addition of AIDAperlato the company's German brand, AIDA Cruises. Also during the quarter, two additional Princess Cruises ships, Caribbean Princess and Royal Princess, were outfitted with the technical requirements to transition them in early 2018 to the Ocean Platform featuring Ocean MedallionTM. This cutting edge interactive guest experience will debut on Regal Princess this November.
                Additionally, Carnival Corporation was ranked among the 100 Best Corporate Citizens by Corporate Responsibility magazine and was ranked number one, globally, for the year’s most engaging and informative sustainability report in the 10th annual Corporate Register Reporting Awards.


Outlook
                At this time, cumulative bookings for the next three quarters are higher at prices that are well ahead of the prior year. During the quarter, booking volumes for the next three quarters have been running in line with last year, also at prices that are well ahead.
                Looking forward, Donald commented, “We are realizing sustained strength in booking trends across all core products. We are delivering on our strategy to grow demand in excess of measured capacity growth while leveraging our industry-leading scale resulting in increased return on invested capital. We are working hard to sustain the momentum. We have accelerated returns to shareholders through our recent dividend increase, with annual dividend distributions now approaching $1.2 billion, and the reauthorization of up to $1 billion in share repurchases.” Donald added that the company has completed $2.7 billion in share repurchases since late 2015.
                The company expects full year 2017 net revenue yields in constant currency to be up approximately 3.5 percent compared to the prior year, better than March guidance of up approximately 3 percent. The company expects full year net cruise costs excluding fuel per ALBD in constant currency to be up approximately 1.5 percent compared to March guidance of up approximately 1 percent. Changes in fuel prices (including realized fuel derivatives) and currency exchange rates compared to the prior year are expected to decrease earnings by $0.35 per share.
Taking the above factors into consideration, the company expects full year 2017 adjusted earnings per share to be in the range of $3.60 to $3.70 compared to March guidance of $3.50 to $3.70 and 2016 adjusted earnings per share of $3.45.


Third Quarter 2017 Outlook
                Third quarter constant currency net revenue yields are expected to be up approximately 4 percent compared to the prior year. Net cruise costs excluding fuel per ALBD in constant currency for the third quarter of 2017 are expected to be in line with the prior year. Changes in fuel prices (including realized fuel derivatives) and currency exchange rates compared to the prior year are expected to decrease earnings by $0.05 per share. Based on the above factors, the company expects adjusted earnings per share for the third quarter 2017 to be in the range of $2.16 to $2.20 versus 2016 adjusted earnings per share of $1.92.



Selected Key Metrics


Full Year 2017

Third Quarter 2017
Year over year change:

Current
Dollars

Constant
Currency

Current
Dollars

Constant
Currency
Net revenue yields

Approx 2.5%

Approx 3.5%

Approx 3.5%

Approx 4.0%
Net cruise costs excl. fuel / ALBD

Approx 1.0%

Approx 1.5%

Approx (0.5%)

Approx flat


    Full Year 2017

Third Quarter 2017
Fuel price per metric ton
$367

$372
Fuel consumption (metric tons in thousands)
3,300

815
Currency:     Euro
$1.10 to €1

$1.12 to €1
                     Sterling
$1.26 to £1

$1.27 to £1
                     Australian dollar
$0.75 to A$1

$0.75 to A$1


Three Months Ended
May 31,

Six Months Ended
May 31,

2017

2016

2017

2016
Net income (in millions)
$
379


$
605


$
730


$
747

Adjusted net income (in millions) (a)
$
378


$
370


$
657


$
672









Earnings per share-diluted
$
0.52


$
0.80


$
1.00


$
0.98

Adjusted earnings per share-diluted (a)
$
0.52


$
0.49


$
0.90


$
0.88


(a) See the net income to adjusted net income and EPS to adjusted EPS reconciliations in the Non-GAAP Financial Measures included herein.


Construction Begins on Celebrity Edge


Yesterday, the keel was officially laid for Celebrity Cruises’ upcoming ship Celebrity Edge in Saint-Nazaire, France.
An 875-ton block was lifted and a lucky coin placed in the dock before the block was lowered into position.  With the foundation in place, the vessel’s building blocks can begin to be joined together to create Celebrity’s “ship of the future.”


Leaders from both Celebrity and STX France were at the event to celebrate the next stage of the ship’s creation.  Celebrity Edge will homeport in Fort Lauderdale and make her inaugural sailings on December 16, 2018.

Turkish Airlines named Best Airline in Southern Europe

thy skytrax
Turkish Airlines has been awarded by 4 titles at this year’s Skytrax World Airline Awards. Turkey’s flag carrier awarded with: "Best Airline in Southern Europe", "Best Business Class Onboard Catering", "World's Best Business Class Lounge", and "Best Business Class Dining Lounge" awards.
The results of 2017 World Airline Awards were announced today at Paris Airshow. The awards were presented to Turkish Airlines' Chairman of the Board and the Executive Committee Mr. M. İlker Aycı by the CEO of Skytrax, Mr. Edward Plaisted.
Mr. Aycı stated; "Being deemed worthy of these awards is a hallmark of our outstanding effort that we show in all spheres of aviation and the steady growth that we perform in this direction. Maintaining its leading position in its region, Turkish Airlines continues to be rewarded by passengers from all over the world. We achieved numerous successes till today, but we are the members of a strong, determined and self-sacrificing family that is always highly motivated for greater successes as long as being rewarded. We are confident that both these motivations and our huge effort will lead us to much greater successes in the near future."
As the most respected global airline passenger survey organisation in the industry, Skytrax evaluates traveller experiences across different airport service and product key performance indicators. And following this evaluation process it awards the most successful organizations with its World Airline Awards described as 'the Oscars of the aviation industry'.
According to this year' results, its worldwide known lounge, "Turkish Airlines Lounge Istanbul" which offers the wide range of activities and services that transforms pre-flight or connecting time into its own special experience, unique to Turkish Airlines, earned the flag carrier the top spot in the category, "World's Best Business Class Lounge".
Turkish Airlines was also awarded in the category "Best Business Class Lounge Dining" for its excellent catering service offered for its Business Class passengers at this world famous lounge.
Maintaining the same momentum in 2013, 2014, and 2016, Turkish Airlines continued to be recognized as the "Best Business Class Onboard Catering" with its seamless inflight catering service.

Hosts Global adds Romania to its portfolio

Αποτέλεσμα εικόνας για Hosts Global adds Romania to its portfolio
Hosts Global (Hosts), a strategic partner for meeting and event planners worldwide, welcomes new alliance member, Paloma Tours, and expands destination portfolio to include Romania.
Hosts provides meeting and event management and local expertise in over 300 destinations through their global alliance of full-service Destination Management Companies (DMC). The addition of Paloma Tours means unrivaled local knowledge and over 20 years of DMC experience for Hosts’ clients bringing group programs to Romania.  
“Romania is an amazing destination for European group travel”, said Theodore Badiu, managing partner of Paloma Tours. “We are delighted to join the Hosts Global family of DMCs and introduce clients to all that our destination has to offer including the breath-taking architecture in the capital of Bucharest, preserved medieval towns in Transylvania, the well-known Bran – Vlad Dracul Castle, the world-famous painted monasteries in Bucovina, and so much more.”
Paloma Tours is known for delivering highly customized travel solutions to meet clients’ needs. “Their comprehensive DMC and Incentive Travel services are a perfect fit for our global alliance”, said Marty MacKay, DMCP, president of Hosts Global Alliance. “We are delighted to welcome the Paloma Tours to our consortium and eager to introduce clients to the unique meeting and event opportunities that our new Hosts destination has to offer.”

Ethiopian Airlines orders more aircrafts from Boeing


Αποτέλεσμα εικόνας για Ethiopian Airlines orders more aircrafts from Boeing
Boeing and Ethiopian Airlines announced a commitment to purchase two 777 Freighters at the 2017 Paris Air Show, valued at $651.4 million at list prices. The airline also announced an order for 10 additional 737 MAX 8 airplanes, exercising options from their 2014 order, which was the largest for the 737 MAX in Africa. Ethiopian now has firm orders for 30 737 MAX 8s.
The order was previously attributed to an unidentified customer on Boeing's Orders & Deliveries website.
"Building one of the largest cargo terminals in the world and operating new-generation, high-performance aircraft reflects our commitment in expanding and supporting the exponentially growing imports and exports of our country in particular and the African continent in general. The commitment to purchase two 777 Freighters is expected to boost the Ethiopian Cargo & Logistics Services," said Tewolde GebreMariam, GCEO of Ethiopian Airlines. "The 737 MAX will form a key component of our strategic roadmap, vision 2025, enhancing our single-aisle fleet and keeping us at the forefront of African aviation. This is a continuation of the longstanding and commendable business partnership we had established with Boeing."
The 777 Freighter, the world's longest-range twin-engine freighter, is based on the technologically advanced 777-200LR (Longer Range) passenger airplane and can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 112 tons (102 metric tonnes or 102,000 kg).
ethiopian b777business class
"The 777 Freighter's range capability, combined with its enhanced cargo capacity, makes it the perfect airplane for Ethiopian to continue to profitably grow its global freighter service, linking trade routes between Africa, Europe, the Middle East and Asia," said Ihssane Mounir, senior vice president, Global Sales & Marketing, Boeing Commercial Airplanes. "Ethiopian's 737 MAX order is a continued endorsement of the airplane's efficiency, range, reliability and operating costs."
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
Ethiopian Airlines is the flag carrier of Ethiopia. During the past seventy plus years, Ethiopian has become one of the continent's leading carriers, unrivalled in Africa for efficiency and operational success, turning profits for almost all the years of its existence.
Operating at the forefront of technology, the airline has also become one of Ethiopia's major industries and a veritable institution in Africa. It commands a lion's share of the pan African network including the daily and double daily east-west flight across the continent. Ethiopian currently serves 100 international and 21 domestic destinations operating the newest and youngest fleet.

Hotelier Summit Africa (North) returns for the 2017 edition


Αποτέλεσμα εικόνας για Hotelier Summit Africa (North) returns for the 2017 edition
AL RABAT, MOROCCO - With the African continent gaining traction in the hotel, retail and real estate sector, IDE Consulting Services, a leading real estate solutions provider, will host the 2017 edition of Hotelier Summit Africa (North) from October 4th-6th in Morocco.
The prime emphasis of this conclave will be to facilitate consultations between shareholder, owners and investors as well as build a platform for African Governments and African Investors to learn how to make projects bankable.
Some investors, experts, consultants, successful storytellers will also address the floor to explain about the scale of projects they are expecting from Morocco and other African countries for them to invest in.
Morocco will be presented as the initiator and a prime destination in the continent, hosting the event as a hub for Investors and African countries to promote business relations and learn from each other’s experiences.
“Africa, particularly the Northern region, has seen several developments in the past few years. However, it has been observed that areas as financial planning, project execution and more importantly the implementation of sustainable measures need better policies to be effective.
At IDE, we seek to radically change this through engaging in actionable conversations with people who walk the talk. The Hotelier Summit Africa (North) this year has been directed towards regrouping the investors, property owners, developers and other stakeholders of the real estate landscape to gather on one platform to discuss project feasibilities from conceptualization to completion.
Our objective is for Africa to be looked up to as one of the most progressive regions of growth on the global real estate map” said Ravi Kumar Chandran, Director at IDE.
13th Edition Hotelier Summit–Africa will witness the gathering of hundreds of thoughtful, iconoclastic leaders from around the continent that include C-suite investors, Govt. officials, high net worth individuals, hotel owners & developers, hotel operators, architects, interior designers, project management consultants, design consultants, procurement professionals, advisory specialists and sustainability experts. These parties will be engaged in face-to-face meetings with the investors and suppliers from all over the globe.
"In the 13th Edition Hotelier Summit, Africa we intend to host the Honorarium Grand on a larger scale, recognizing the key contributors to the hospitality industry in Northern and Western Africa and in turn revealing the Hospitality Power List for the year 2017” concluded Ravi Kumar Chandran.
Positioned as the ideal gateway to figuring your company’s growth and development trajectory in the African hospitality sector, Hotelier Summit Africa (North) is wholly dedicated to easing market accessibility, providing insights on market nuances, finalising contractual work and speeding up procurement activities.
Presented by IDE, a global real estate solutions firm, whose summits are procurement driven to connect suppliers from all across the globe with the leaders of the hospitality sector. The Summit will accommodate leading companies and emerging business entities from North Africa and around the region.

Differentiate your hotel on Expedia with the new EPC tool


Αποτέλεσμα εικόνας για Differentiate your hotel on Expedia with the new EPC tool
The Expedia group, the world’s largest online travel company, yesterday announced EPC Points of Interest, a new tool available in Expedia® Partner Central (EPC) which allows properties to create a custom list of cultural landmarks, unique activities, and experiences in their local neighborhoods that can be viewed on their property’s listing.
EPC Points of Interest is yet another Expedia offering designed to enable hotels to differentiate themselves on Expedia group sites and enhance the consumer shopping experience.
When determining which hotel to book, consumers rank location above amenities, price and ratings, showcasing its importance in the decision-making process.* For business travelers, location is even more critical, with 73 percent saying it is the single most important factor when selecting a hotel**.  To ensure Expedia’s hotel partners can address and capitalize on this key consumer insight, EPC Points of Interest makes it easy for hotel partners to highlight unique local activities and landmarks that appeal to travelers. For example, Expedia’s hotel partners in the Punta Cana resort area recommend travelers to include several local experiences in their itineraries such as visiting the nearby championship golf courses and white-sand beaches of Juanillo or El Macao. 
EPC Points of Interest allows hotels to generate up to 10 nearby must-sees for any property and customize as they see fit.  They can tailor landmarks list to appeal to their target traveler demographic. Hotels can further customize their local recommendations with unique photos and local tips for each Point of Interest, enabling even further differentiation and brand integration. EPC Points of Interest can be easily added and updated by hoteliers from the EPC website, and will soon be available in the mobile app.
“Location has been identified as the primary factor that determines hotel choice across all travelers around the globe***, so it became a priority at Expedia to enable our hotel partners to differentiate based on this critical factor,” said Benoit Jolin, vice president, lodging product at the Expedia group. “EPC Points of Interest is highly customizable, so not only does it identify nearby sites of interest, it allows hotels to add custom photos and tips to really personalize the experiences to their brand and property.”
EPC Points of Interest is available worldwide. Read more on Points of Interest on Discover Expedia® PartnerCentral.

Residence Inn hotel is now open in Bolingbrook, Illinois

Αποτέλεσμα εικόνας για Residence Inn hotel in Bolingbrook, Illinois


BOLINGBROOK, IL – The 103-suite Residence Inn by Marriott in Bolingbrook, Illinois is now open for business. Located at 180 Remington Boulevard, the all-suite Residence Inn Chicago Bolingbrook will operate as a Marriott franchise, owned by BGH Chicago Holdings LLC and managed by Love Hotel Management Company of St. Louis, Missouri.
Located 25 miles south of downtown Chicago and 22 miles from Chicago Midway International Airport, the Residence Inn Chicago Bolingbrook offers its guests convenient access to Promenade Bolingbrook, the Illinois Aviation Museum, DuPage River Confluence Preserve and Lewis University. Rates vary depending on length of stay.
“We are pleased to introduce Residence Inn hotels in the Bolingbrook area,” said Diane Mayer, vice president and global brand manager, Residence Inn. “When on the road for an extended period, our guests need space to spread out, maintain their life’s pace and restore their energy to help them maintain a healthy balance and routine while traveling. This new hotel offers them a seamless blend of modern style and functionality that allows them to settle in and thrive.”
Residence Inn properties are designed as all-suite hotels that offer studio, one-bedroom and two-bedroom suites. Guests looking for a revitalizing sleep experience will enjoy the hotel’s plush mattresses and crisp linens, while guests focused on being productive will value their suite’s large, well-lit work desk, ergonomic chair and complimentary high-speed Internet access. Designed for stays of five nights or more, each suite also has a fully-equipped kitchen with a coffeemaker, microwave oven and residential-sized appliances.
The Residence Inn Chicago Bolingbrook rotates a wide selection of healthy choices at our free hot breakfast every day. Start with favorites like bacon and eggs, Greek yogurt, cut fruit or waffles and make it yours with our extensive toppings, ranging from fresh spinach and cheese to sliced almonds and strawberries. Enjoy all the options you need to start your morning with endless possibilities.
Extending the feeling of comfortable living on the road, the Residence Inn Chicago Bolingbrook offers guests inviting and functional public spaces to relax or collaborate. Road warriors and families alike enjoy the hotel’s grocery delivery service, complimentary Wi-Fi, 24-hour onsite food and beverage market, dry cleaning services, and onsite guest laundry room. The hotel’s weeknight evening gatherings – the RI MIXO offer a casual, relaxing environment where guests can be as social as they want, while enjoying premium beers and connection to local flavors. The hotel also maintains a business library where guests can fax, copy and print materials, and provides guests with a lobby bar, an indoor swimming pool, exercise room, Sport Court, an outdoor fire pit and offers 550 square feet of meeting space to accommodate functions of up to 70 people.

20 chefs and 50 wine producers take part at the eat! BRUSSELS, drink! BORDEAUX festival

eat drink brussels
From 7 to 10 September this year, Brussels Park will once again serve as the setting for the eat! Brussels, drink! Bordeaux festival.
Twenty Brussels chefs will slave over their stoves to share their signature dishes with the public. Fifty Bordeaux wine growers and sellers will also be on hand to provide the accompaniment for these delicious foods. They will offer the optimal wine pairings to complement the chefs' dishes. There's sure to be plenty to delight the senses of their foodie visitors!
For its sixth edition, the eat! Brussels, drink! Bordeaux Festival has once again invited a selection of Brussels’ best chefs to the heart of Brussels Park.
A sixth edition with its fair share of new offerings
  • Restaurant offerings are expanding. Several chefs on the Brussels scene are joining in the fun to present their iconic dishes to the public.
  • A central "square" will be set up right at the heart of the festival grounds. It's a chance for visitors to partake and socialize with family and friends.
  • This year, the eat! Awards are making their debut. These prizes will be awarded to chefs whose dishes enjoy the greatest success over the course of the event.
  • In this latest edition, several pastry chefs will complement the event menu with dessert plate suggestions.
  • The Ecole du Vin de Bordeaux invites amateurs to discover new wine workshops that focus on patisserie and chocolate.
  • The Tchin Vittel! space will offer cooking workshops to visitors. Accompanied by talented chef Bruno Antoine, they will concoct their "bistronomy" box together, which they will then be able to savour in this friendly atmosphere.
New iconic Brussels chefs are joining the party and enhancing the festival's offerings. The will offer visitors a signature dish representing their culinary identity at the special price of € 9.