Posts

Showing posts with the label Travels

Viking Cruises Ltd Announces Pricing of Private Offering of $675 Million of Senior Secured Notes

Image
LOS A NGELES , May 12, 2020 /PRNewswire/ — Viking Cruises Ltd (“Viking”) today announced that it has priced its private offering of $675 million aggregate principal amount of 13.000% Senior Secured Notes due 2025 (the “Notes”). The offering of the Notes is expected to close on May 15, 2020 , subject to customary closing conditions. Viking intends to use the net proceeds from the Notes, after funding the repayment of $74 million of existing debt and accrued interest on certain river vessels, for general corporate purposes. The Notes are being offered only to persons reasonably believed to be “qualified institutional buyers” as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons outside the United States under Regulation S under the Securities Act.  The Notes have not been, and will not be, registered under the Securities Act and may not be offered or sold without registration unless pursuant to an exemption fro

Rush Street Interactive Is First To Launch AGS’ Online Real-Money Casino Games In The Pennsylvania Market At BetRivers.com And PlaySugarHouse.com

Image
PHILADELPHIA and PITTSBURGH , May 12, 2020 /PRNewswire/ —   Rush Street Interactive (RSI) has partnered with AGS (NYSE:AGS) to become the first online casino operator in Pennsylvania to premier the global entertainment company’s fan-favorite games on its BetRivers.com and PlaySugarHouse.com sites. The first AGS slot game that launched in Pennsylvania was Pharaoh Sun , which is already a player favorite on the PlaySugarHouse.com online casino site in New Jersey.  Other player-favorite AGS games Jade Wins , Longhorn Jackpots ,  and Olympus Strikes will be available for Pennsylvania players in the next several days. “We are excited to be the first online operator in Pennsylvania to add AGS game content to our engaging library of top quality and well-known casino games,” said Richard Schwartz , President of Rush Street Interactive, which operates BetRivers.com and PlaySugarHouse.com.  “AGS’ games online deliver the identical looks, features, and play mechanics as their popular l

Table Trac Announces First Quarter 2020 Results

Image
MINNETONKA, Minn. , May 12, 2020 /PRNewswire/ — Table Trac, Inc. (OTCQX: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced financial results for the quarter ending March 31, 2020 . The 10-Q can be found @ http://www.sec.gov First Quarter Financial Results Income before taxes for the first quarter of 2020 was $30,812 compared with a loss of $8,045 in 2019, an increase of approximately $39,000 . Ongoing maintenance revenue increased from $672,569 in 2019 to $710,827 in 2020, an increase of approximately $38,000 due to an increasing number of maintenance customers. The gross margin for the first quarter of 2020 was $932,790 compared with $1,061,508 in 2019. a 12% decrease due to our Australian reseller installing eight new systems in Q1 2019. The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the thre

Southwest Airlines Gives Customers The Freedom To Travel With Peace Of Mind, Low Summer Fares, And More Points

Image
DALLAS , May 12, 2020 /PRNewswire/ —  Southwest Airlines Co. (NYSE: LUV) is giving back to Customers by providing an extra boost as they plan to get back to the people, businesses, and places they love most. Beginning today, May 12 , the airline will support both leisure and business travelers, Rapid Rewards® Members, and small businesses with extra incentives as they work to reclaim the freedom to travel. As part of Southwest Airlines’ effort to give back, Customers can take advantage of a month-long fare sale starting today, May 12 through June 12 ; Rapid Rewards Members will earn double Rapid Rewards points through August 31 ; and business travelers will receive a 20 percent discount on Anytime and Business Select® fares when booked through SWABIZ. Additionally, Southwest has gifted more than 67 million Rapid Rewards points to hundreds of small businesses in order to make it easier for these businesses to travel. “We’re all eager to move again in a new chapter that feels more fa

Global Air Data Systems Industry

Image
NEW YORK , May 12, 2020 /PRNewswi re/ — Air Data Systems market worldwide is projected to grow by US$282.9 Million , driven by a compounded growth of 5.5%. Civil, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$690.4 Million by the year 2025, Civil will bring in healthy gains adding significant momentum to global growth. Read the full report: https://www.reportlinker.com/p05797812/?utm_source=PRN – Representing the developed world, the United States will maintain a 4.6% growth momentum. Within Europe , which continues to remain an important element in the world economy, Germany will add over US$10.1 Million to the region’s size and clout in the next 5 to 6 years. Over US$8.7 Million worth of projected demand in the region will come from Rest of Europe markets.

Inventhelp Inventor Develops Private Changing Accessory for Use at Outdoor Locations (SDB-1404)

Image
PITTSBURGH , May 5, 2020 /PRNewswire/ — “I wanted to create a better way to change and store wet clothes at the beach or other outdoor locations,” said an inventor, from El Cajon, Calif. , “so I invented the POP UP CHANGING CABANA.” The invention provides a private way to change clothes at the park, beach or campsite. In doing so, it eliminates the need to find a private changing area. As a result, it increases comfort and peace of mind and it provides a temporary place to store wet garments or spare clothes. The invention features a lightweight and portable design that is convenient and easy to use so it is ideal for outdoor enthusiasts and the general population. Additionally, it is producible in design variations. The inventor described the invention design. “My design offers an improved alternative to changing behind a beach towel.” The original design was submitted to the San Diego sales office of InventHelp. It is currently available for licensing or sale to manufacturers or

Adventure Tourism Market to Reach $1,626.7 Bn, Globally, by 2026 at 13.3% CAGR: Allied Market Research

Image
PORTLAND, Oregon , May 5, 2020 /PRNewswire/ — Allied Market Research published a report, titled, “ Adventure Tourism Market by Type (Hard, Soft, and Others), Activity (Land-based Activity, Water-based Activity, and Air-based Activity), Type of Traveler (Solo, Friends/Group, Couple, and Family), Age Group (Below 30 Years, 30–41 Years, 42–49 Years, and 50 Years & Above), and Sales Channel (Travel Agents and Direct): Global Opportunity Analysis and Industry Forecast, 2019-2026″. According to the report, the global adventure tourism industry garnered $586.3 billion in 2018, and is projected to garner $1,626.7 billion by 2026, witnessing a CAGR of 13.3% from 2019 to 2026. Prime determinants of growth- Rise in interest among the travelers to visit undiscovered destinations and increase in government initiatives to promote tourism augment the growth of the global adventure tourism market. However, risks involved in unpredictable weather conditions and adventure traveling restrains th

Bowlus Road Chief Debuts The Ultimate In Performance And Refinement

Image
OXNARD, Calif., May 5, 2020 /PRNewswire/ — Bowlus Road Chief, the world leader in performance luxury recreation vehicles, is thrilled to announce another industry first with the highly anticipated Endless Highways Performance Edition. Bowlus Road Chief possesses an expert understanding… Source link

Marriott International Raises $920 Million In Cash Through Amendments To Co-Brand Credit Card Agreements With JPMorgan Chase & Co. And American Express

Image
BETHESDA, Md. , May 5, 2020 /PRNewswire/ — Marriott International, Inc. (“Marriott” or “the company”) today announced it has signed amendments to its existing co-brand credit card agreements with JPMorgan Chase & Co. (“Chase”) and American Express.  These amendments will provide the company with $920 million of cash, further enhancing its liquidity, with $570 million coming from Chase and $350 million coming from American Express. The $570 million from Chase includes $500 million of prepayment of certain future revenues and $70 million from the early payment of a previously committed signing bonus under the co-brand credit card agreement.  The $350 million from American Express is for the pre-purchase of Marriott Bonvoy points and other consideration.  In each case the cash will be recorded by Marriott as deferred revenue and will be available for general corporate purposes. Both amendments include extensions of the existing co-brand credit card agreements, so they contin

Keystone Aviation Announces J. Dan Govatos As New Operations Director Over U.S. Based Private Jet Charter And Aircraft Management

Image
< p> SALT LAKE CITY , May 5, 2020 /PRNewswire/ — Keystone Aviation, A TAC Air Company and provider of private jet charter, aircraft management and maintenance announces the addition of industry veteran J. Dan Govatos to the Director of Operations position based in Salt Lake City . Govatos will provide enhanced focus of aircraft operations, safety and training while strengthening aviation industry best practices and relationships. Aaron Fish , Chief Operating Officer of Keystone Aviation, commented, “Dan brings years of strategic development experience to the leadership team and will help keep Keystone Aviation the leading aircraft charter, management and maintenance provider based in Utah .” Dan Govatos, Keystone Aviation Operations Director TAC – The Arnold Companies (TAC Air, Keystone Aviation, TACenergy) Logo (PRNewsfoto/TAC Air) As a pilot for over 30 years including time as Captain on Airbus, Boeing, Falcon, Gulfstream among many other aircraft types in both ai