Tag: Choice

Taiwan Top Choice in Asia for Post-Pandemic Travel

TAIPEI, Nov. 30, 2020 /PRNewswire/ — The Asia Super Team competition, organized by Taiwan’s Bureau of Foreign Trade, Ministry of Economic Affairs and executed by Taiwan External Trade Development Council, promotes incentive travel in Taiwan by revealing Taiwan’s numerous attractions through a variety of different themes and contests since 2013. At the 2020 championship press conference on November 26, results of the event’s Asia Incentive Tourism Destination in the Post-Pandemic Era Survey were announced, in addition to the champion team — JTB Global Marketing & Travel from Japan, winning an incentive travel package valued at US$50,000.

Asia Incentive Tourism Destination in the Post-Pandemic Era Survey Results

Asia Incentive Tourism Destination in the Post-Pandemic Era Survey Results

The impact of COVID-19’s grounding of cross-border travel in 2020 has caused many companies across the world to cancel their incentive travel plans. MEET TAIWAN surveyed Asian corporate business travelers to gauge their interest for incentive travel in light of the global pandemic. The results of 3,939 valid questionnaire responses showed that once the dust settles after the epidemic, 90% of corporate employees in eight Asian countries look forward to company incentive travel plans, indicating that after the end of the lockdown business traveler demand for incentive travel is stronger than ever before.

Of particular note, more than 80% of Asian business travelers will prioritize the integrity of local disease prevention measures when they participate in future incentive travel, and public security will be a second priority; this shows that the pandemic has prompted companies to focus on safety factors when choosing their next incentive travel destination. Statistically, Taiwan is rated as the top destination for incentive travel among Asian companies and countries due to its rich tourism resources and spectacular disease prevention success. Up to 99% of business travelers expressed confidence in Taiwan’s disease prevention and safety, which will be a boon to the country’s tourism after the epidemic.

With regard to incentive travel itineraries, most survey respondents expressed their preferences for cuisine and local cultural experiences, followed by sights of historical significance. The survey answers will assist Taiwan with future preparation and marketing after the epidemic, in addition to serving as reference for other interested international destination providers. The Asia Super Team competition continues to achieve breakthroughs and innovations. It has attracted multiple target markets through diverse, creative, and integrated marketing. The continued implementation of creative marketing contributes to making Taiwan a prime destination for exhibitions and incentive travel in Asia.

Japanese Team Wins Reach for the Stars Championship

This year saw Asia Super Team held as an exclusively online competition for the first time. Elite corporations from Japan, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines, and Vietnam participated in the event, completing the online Reach for the Stars challenge in a week-long contest. The onslaught of COVID-19 was overcome by developing a brand-new format of innovative competition that overturned past approaches, using novel technological elements and digital tools to promote and generate buzz

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Cuomo: Make hard but smart choice not to travel or gather

ALBANY, N.Y. (AP) — New York’s governor and New York City’s mayor made one more plea Tuesday for people to abandon plans for in-person Thanksgiving festivities.

Gov. Andrew Cuomo donned a turkey-themed face mask at a press conference on Long Island, where he confirmed he has decided not to celebrate Thanksgiving with his 89-year-old mother in person. He had initially said he planned to do so Monday.

“I didn’t want to disappoint my mother,” he said. “89 years old, she’s thinking how many Thanksgivings will I get, you start to think that way. But it’s hard. But sometimes hard is smart.”

Cuomo said New Yorkers who avoid Thanksgiving gatherings could help control the spread of the coronavirus as hospitalizations surge.

The number of COVID-19 patients in hospitals increased to about 2,900 patients, which is almost one and a half times the number hospitalized on Nov. 1.

New York has reported an average of about 5,500 new coronavirus cases per day over the last seven days, up 70% from two weeks ago.

New York City Sheriff Joe Fucito said he is setting up vehicle checkpoints at key bridges and crossings throughout New York City, as well as at curbside stops for buses entering and leaving the city. Deputies will advise travelers of quarantine rules.

He cited potential fines of $1,000 a day for people who violate travel rules, though officials have previously acknowledged that enforcement mostly works on the honor system.

New York City Mayor Bill de Blasio said air travelers leaving from the JetBlue terminal at Kennedy Airport will be given a test kit that they can administer themselves under a partnership with the airline.

But he urged travelers to stay home instead.

“Unless there’s a really, really crucial reason, don’t travel,” he said. “It’s just going to only add more exposure to this disease, more chance that you might get it, your family might get it, it might be brought back here inadvertently.”

Cuomo criticized several sheriffs in upstate New York who have said it is impossible to enforce a recent executive order that banned indoor and outdoor gatherings of more than 10 people at private residences.

“That is a frightening precedent,” Cuomo said Tuesday. “What if they don’t agree with anti-discrimination laws? What if they don’t agree with domestic violence laws? … I’m not interested in your political opinion. Enforce the law.”

Some sheriffs have argued that Cuomo hasn’t made it clear exactly how law enforcement can enforce his rules on private gatherings.

“Instead, we are faced with an unenforceable dictate issued without any consultation with law enforcement or the public as to enforceability,” the New York State Sheriffs’ Association said in a Monday statement.

Meanwhile, Fucito said his office will be concentrating on enforcing bans on large-scale gatherings.

One fine that has been given out is to the organizers of a large gathering in a Brooklyn synagogue, after reports that thousands of unmasked people attended a secret wedding there earlier this month.

De Blasio said a fine

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Extended Stay Hotel Market to Eyewitness Massive Growth by 2026 | Hilton Worldwide, Hyatt Hotel, Choice Hotels International

The MarketWatch News Department was not involved in the creation of this content.

Nov 10, 2020 (Heraldkeepers) —
Latest added Global Extended Stay Hotel Market research study by HTF MI offers detailed product outlook and elaborates market review till 2025. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Hilton Worldwide, Hyatt Hotel, Choice Hotels International, InterContinental Hotels Group (IHG), Marriott International & Wyndham Hotel Group etc. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

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Competitive Analysis:
The major players are focusing highly on innovation in technologies to improving efficiency level. The industry growth outlook is captured by ensuring ongoing process improvements of players and optimal strategies taken up by companies to fight COVID-19 Situation. Company profile section of players such as Hilton Worldwide, Hyatt Hotel, Choice Hotels International, InterContinental Hotels Group (IHG), Marriott International & Wyndham Hotel Group includes its relevant information like name, subsidiaries, website, headquarters, market rank, gain/drop in market position, historical background or growth commentary and top 3 closest competitors by Market capitalization / revenue along with contact information. Each company’s revenue figures, Y-o-Y growth rate and gross & operating margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers & acquisition, patent approval and new launch etc.

Market Segments: The Global Extended Stay Hotel Market has been divided into type, application, and region.

On The Basis Of Type: , Economic Type Extended Stay Hotel, Middle Type Extended Stay Hotel & Luxury Type Extended Stay Hotel.
On The Basis Of Application: Travelers, Business Customers, Trainers and Trainees, Government and Army Staff & Others

On The basis of region, the Extended Stay Hotel is segmented into countries, with production, consumption,

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Choice Hotels (CHH) Expands Ascend Hotel Line-up in England

Choice Hotels International, Inc.’s CHH Ascend brand recently announced the addition of The Palmer House Resort and The Valley Inn to its line of hotels in England.

Located at 5383 Main St. in Manchester, Vermont, The Palmer House Resort comprises a 50-room hotel, a chalet and two historic homes. The 16-acre property also offers a nine-hole golf course, two tennis courts, an indoor and outdoor swimming pool, fitness center, restaurant and bar.

Meanwhile, The Valley Inn is situated in 17 Tecumseh Rd. in Waterville Valley, New Hampshire. Notably, the 44-room hotel features a lobby with fieldstone fireplace and balcony, seasonal outdoor pool, breakfast room, game room and large meeting space that allows for socially-distant gatherings. It also offers access to several restaurants and shops.

In this regard, Janis Cannon, senior vice president, upscale brands, Choice Hotels stated, “As people continue to return to traveling, we look forward to adding more unique upscale properties to the Ascend Hotel Collection in locations that allow them to satisfy their travel curiosity.”

Increased Focus on Franchising Bodes Well

Choice Hotels gains from economies of scale associated with the franchise business. Accordingly, higher fees from franchisees and transference of cost burden to franchises provide the company with operational advantages. Apart from royalty fees and procurement-service revenues, Choice Hotels collects marketing and reservation system fees to provide support activities to the franchise system.

Notably, the company’s solid commitment toward franchisee profitability is driving incremental revenues. As of Jun 30, 2020, the company had 982 franchised hotels with 78,517 rooms under construction, awaiting approval for development in its domestic system as compared with 988 hotels and 78,613 rooms as of Jun 30, 2019. The number of new construction franchised hotels in the company’s domestic pipeline dropped 2% to 741 on Jun 30, 2020, from 753 on Jun 30, 2019. However, the number of conversion franchised hotels in its domestic pipeline increased by six (or 3%) to 241 as on Jun 30, 2020, from 235 in the prior-year quarter. We believe that franchising will facilitate ROE expansion and earnings growth over the long term.

So far this year, shares of Choice Hotels have declined 13.5% compared with the industry’s fall of 26.7%.

Zacks Rank & Key Picks

Choice Hotels currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Some better-ranked stocks in the Zacks Consumer Discretionary sector include Camping World Holdings, Inc. CWH, Monarch Casino & Resort, Inc. MCRI and Acushnet Holdings Corp. GOLF, each sporting a Zacks Rank #1.

Camping World has a three-five-year earnings per share growth rate of 34.7%.

Earnings for Monarch Casino and Acushnet Holdings are expected to surge 1006.3% and 111.9%, respectively, in 2021.

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it’s predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce “the world’s first trillionaires,” but that should still leave plenty

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St. Augustine Vacation Rentals – First Choice Florida

Spend your Florida vacation in St. Augustine, the nations oldest continuously occupied city. Founded in 1565 by Pedro Menendez de Aviles, who was searching for the fabled Fountain of Youth, and believed he found here on the shores of St. Augustine. The city today has grown, though they’ve done a great job of preserving it’s history. We maintain a wide variety of St. Augustine vacation rentals, so you too can enjoy our beautiful city.

The St. Augustine Historic District provides everything the adventurer in you could want from a vacation. Start where it all began, the Fountain of Youth historical park. Spend some time in the Spanish fort, Castillo de San Marcos, view St. Augustine from above at the Lighthouse, or take a paranormal walking tour through centuries old graveyards. Some other don’t miss attractions include Ripleys Believe it or Not!, the Alligator Farm, the Lightner Museum, and Flagler College Tour. For those seeking entertainment, St. Augustine delivers. From the Pirates among us, to the street performers and artists of all types. Discover new music in some local pubs, or catch a nationally touring band at the St Augustine Amphitheater. See our dining guide for suggested places to eat during your stay.

The Beaches

The Beaches of the St. Augustine area will be the highlight of your Florida vacation. Book yourself a beach front rental, and spend the days soaking up the Florida sun along natural sand dunes made of pure white sugar sands. Watch the wild life – rabbits, gopher turtles, even sea turtles – right from your ocean front rental home balcony. The Atlantic Ocean provides endless opportunities. Walk the shoreline for hours, collecting shells or just day dreaming. Try your hand at some surfing, maybe some beach fishing, fly a kite, or just let the waves crash over, as you relax in your beach chair. We have ocean front rentals in the areas of Crescent Beach, Vilano Beach, Ponte Vedra Beach, Summer Haven, and Butler Beach.

Attractions

St. Augustine is located in a unique north east Florida location. It’s an easy day-trip to most major north Florida attractions. See Disney, Universal Studios, or any other Orlando area attractions within 2 hours. Get to Busch Gardens or a major concert in Tampa in 3 hours. You can visit Cape Canaveral and the Kennedy Space Center, the Ocala National Forest, or visit the state capital and be back in your St. Augustine vacation rental before the sun sets.

North Florida is a sports haven. Spend your days on the water fishing, either offshore salt water, or hit the rivers for some freshwater fishing. Try surfing, grab a wake board, or a nice game of volleyball on the beach. Catch some pro sports with the Florida Gators, The Jacksonville Jaguars, or the Orlando Magic. Try your luck at Sawgrass, the same course pro golfers play during the PGA tour!

For those looking to shop, spend a bit of time in the antique shops of the St. Augustine Historic District. Hit

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