Fintech PR
Winning China’s Millennial Generation with New China Pride, Shimao Star Launches All-new Lifestyle Hotel Brand ETHOS
Hotel Plus — Shanghai International Hospitality Design and Supplies Expo recently took place in the Shanghai New International Expo Centre (SNIEC) in Pudong, Shanghai. Shimao Star Hotels Group (hereafter referred to as “Shimao Star”) participated in the event and launched its all- new hotel brand – ETHOS (the Chinese name “Fan Xiang“). Purposely designed for Chinese millennials, ETHOS hotel offers a blend of contemporary culture and Chinese legacy with a view to igniting millennials’ imagination and their explosive creativity. The brand is a response to Chinese millennials’ sense of identity as a generation which sees themselves as born to be proud and strive to redefine Chinese heritage.
At the press conference, Tyrone Tang, Vice President of Shimao Group, Chairman & CEO of Shanghai Shimao Hotel Management Company, CEO of Shimao Star Hotels Group said: “As the primary force driving consumption in the Chinese tourism market, the millennial generation has always been an important customer segment for us. Since the collaboration between Shimao Group and Starwood Capital Group (SCG), innovative upgrades have been continually practiced to our existing 6 hotel brands. Now the launch of the all-new brand ETHOS marks the first hotel brand that Starwood Capital co-created with a Chinese company and designed for a Chinese demographic group. Drawing upon the extensive expertise from both parties in hotel development, brand operation and asset management, we will bring a vibrant lifestyle experience to China’s millennials, which resonates with their pride in being Chinese, and opens up a new direction among Chinese hotels.”
The New China Pride
The Chinese name of the brand is “Fan Xiang“. “Fan” in Chinese stands for everything in its totality, and also represents the secular, as well as reflecting Chinese millennials’ determined and out-of-the-ordinary outlook on life. Meanwhile, “Xiang” encompasses diversity and represents all forms of change. The English name ETHOS is derived from Greek, and refers to the particular character or spirit of a culture or time period. Here, it is used to express the unique disposition of Chinese millennials and their sense of national pride, as well as their refusal to settle for the status quo. As an upper-mid tier lifestyle brand that Shimao Star has tailored to China’s millennial travellers, ETHOS is well-adapted to benefit from the rise of China and the nation’s rapid development, as well as from the appeal that Chinese culture holds for Chinese millennials who are proud of their heritage as well as modern innovations. As such, the brand will satisfy the demand of millennial travellers, and deepen the world’s understanding of China’s new culture along with the brand’s expansion and growth.
Significantly, the new China pride is fully evident throughout the design and construction of ETHOS hotels, during which preference was given to high-quality and original Chinese products and designs. Also, in cooperation with many outstanding independent Chinese brands, ETHOS Hotel develops customized products that better suit the lifestyle and inclinations of Chinese millennial travellers. More than just a slogan, “Made-in-China” has truly become eccentric to the brand experience.
The Joy of The Social Nomad
In terms of travelling experience, the new generation of consumers demands more than simply lodging – they place greater emphasis on interaction with the local culture, self-expression and connecting with like-minded travellers. Simulating the sense of cosiness needed in a real work environment, the ETHOS hotel creates a work space for guests that is designed with detail-oriented human touches and draws guests closer together, encourages interaction and social contact in order to trigger moments of inspiration and creativity. The co-working space at ETHOS Hotel, branded as “Connexis”, is a creative and vibrant community that fosters thinking and collaboration, in which social activities such as informal discussions, evening refreshments, and night-time runs will be regularly organized for guests to socialize and enjoy the spark of new connections. ETHOS firmly believes that the neighbourhood culture surrounding a travel destination is the heart and soul of a city. The space inside the hotel offers a glimpse of the city in miniature. When guests step into the hotel’s social lobby, “The Common Room”, they will stumble upon local cultural and art workshops, local music performances and authentic local food markets. Through the “AI Interactive Community Screen”, developed by ETHOS together with the artificial intelligence company SenseTime, guests can explore the local community, interact socially, and share moments with others. In addition to an enthusiastic ETHOS service team, guests can also benefit from smart technology with a human touch, including self-service, smart room control, and facial recognition throughout the ETHOS Hotel. This blended service system allows guests to experience unique and seamless service from booking, check-in to departure, and each and every visitor can enjoy unparalleled VIP treatment.
Escape the Ordinary with Bespoke Experience
ETHOS has gone to great lengths to ensure that every detail of the hotel speaks to the millennial generation of China’sidentify and ingenuity with break-through from traditional boundaries. From the moment guests arrive at ETHOS, they find themselves on a journey immersed with Chinese heritage redefined. Stepping into the hotel lobby, guests encounter flowing music that energizes and inspires the imagination, which is especially composed by the brand’s partners – Chinese independent musicians. ETHOS has also joined hands with emerging Chinese artists, making use of custom-made statues, photography exhibitions and art installations conveying the characteristics of the local culture. In this way, ETHOS revitalizes the inner cultural identity of Chinese millennials as a leading national hotel brand created for which they can feel a true sense of connection.
In sight of millennials’ pursuit of originality and self-expression, ETHOS particularly promotes personalized services, and the hotel’s online platform allows guests to customize their own experience, including the content of the mini bar, technology infused mattress, made-to-order breakfasts as well as the choices to upgrade amenities and dining experience to distinctive local alternatives or independent brands. ETHOS seeks to satisfy customers’ desires in every detail, creating a highly personalized and exclusive experience for each traveller, enabling them to enjoy his or her own personal touches amidst the busy rhythms of each day. Not only is that so, ETHOS also fully appreciates that China’sconvention-defying millennials would not be satisfied with a traditional membership plan. A diversity of carefully screened partners with the same brand philosophy have been selected to provide guests with a wide range of membership benefits. Meanwhile, Shimao Star Hotels Group, in conjunction with ETHOS, invites ground-breaking Chinese technology, culture, and lifestyle companies or product IPs to join efforts to create a world-facing platform where Chinese millennials can experience the true ‘proud to be Chinese’ lifestyle.
ETHOS is expected to launch in Xiamen and Wuhan first, with the world’s first ETHOS Hotel opening in the fourth quarter of 2019. Shimao Star Hotels Group will also strive to gradually promote the ETHOS hotel to China’s first- and second-tier cities. In addition, ETHOS will be one of the main brands to be expanded by Shimao Star in overseas cities. Preferred locations include business areas and transportation hubs in vibrant neighbourhoods. Pioneering in terms of its new Chinese national pride and its advancement of China’s hotel industry, the launch of the new ETHOS brand marks a further expansion of Shimao Star’s market domain, yielding an array of seven distinctive hotel brands. These are the luxury Yu Resorts, upscale Yuluxe Hotels, upper-tier Yu Hotels, upscale serviced apartment Yu Residence, upper-mid tier select service MiniMax Premier Hotel, mid-tier select service MiniMax hotel, and upper-mid tier lifestyle ETHOS Hotel, which targets millennials. The brand lines satisfy the needs of different consumers, ranging from high-end full service to select service hotels, and from urban business hotels to resorts and serviced apartments.
SOURCE Shimao Star Hotels Group
Fintech PR
BTY Welcomes Jack McInerney to Ownership Group
DUBLIN, Oct. 9, 2024 /PRNewswire/ — BTY is proud to announce that Jack McInerney, Managing Director responsible for Infrastructure Advisory globally and BTY’s Europe expansion, has joined the firm’s ownership group. This recognition highlights his exceptional leadership in driving BTY’s growth across North America and Europe over the past decade.
Under McInerney’s leadership, BTY has continued to evolve as one of the top-ranked advisory firms, delivering an extensive portfolio of over $100 billion in project investments across more than 200 deals in various sectors, including social infrastructure, renewables and clean energy, transportation, aviation, mobility, environment, and data and digital connectivity.
“Our success is rooted in fostering high-performing, integrated teams built on empowered and growth-oriented succession and mentorship,” said Jack McInerney. “We ensure clients benefit from the depth and breadth of BTY’s industry relationships, and the wealth of expertise across project, finance, and construction disciplines that we consistently deliver.”
McInerney has been instrumental in opening new sectors for BTY, establishing the firm’s reputation as a trusted advisor on complex, first-of-their-kind projects. These include landmark deals such as the Ontario Line RSSOM and Southern Civil Stations and Tunnel projects in Canada, LaGuardia Airport Terminal B and the I-4 Ultimate in the U.S., and the Higher Education Bundle 1 and Project Opus in Europe—one of the region’s largest transactions, involving the Dublin Convention Centre, and major telecom and healthcare assets across Ireland.
Toby Mallinder, BTY’s Managing Director, recognized McInerney’s accomplishments saying, “Jack exemplifies how we cultivate talent and maximize the value our approach delivers to clients in capital markets and asset management. His efforts have significantly propelled BTY’s growth by assembling a top-tier team with a unique, client-focused approach that spans every sector and delivery model in the global infrastructure landscape.”
Having joined BTY in 2011 and originally based in Vancouver, McInerney was appointed to spearhead the firm’s entry into linear infrastructure, with a particular focus on transportation assets and transit systems. McInerney and the team used this approach to rapidly expand BTY’s infrastructure client base across North America, and more recently, in Europe, where Dublin has become the firm’s launchpad for expansion in the region.
“This is an exciting new chapter for BTY,” added McInerney. “We look forward to sharing our new strategic direction with clients and industry partners, particularly our rapidly growing capabilities in the U.S., as well as renewables and energy, decarbonization, connectivity, operational services, and more.”
About BTY
BTY is an award-winning professional consultancy offering complete project solutions in real estate and infrastructure asset planning, development, operations, and transactions. Founded in Western Canada in 1978, the firm now has offices across Canada, the United States, Ireland, the United Kingdom, and Turkey, with a diverse global portfolio. BTY’s core services encompass Cost Management, Project Monitoring & Lender Services, Infrastructure Advisory, and Project Management. To learn more, visit BTY.COM.
View original content:https://www.prnewswire.co.uk/news-releases/bty-welcomes-jack-mcinerney-to-ownership-group-302272128.html
Fintech PR
Miami International Holdings Participates in the 2024 Ring the Bell for Financial Literacy Initiative during World Investor Week
PRINCETON, N.J., Oct. 9, 2024 /PRNewswire/ — Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today ceremoniously rang the opening bell at its Princeton, N.J. headquarters in honor of the World Federation of Exchanges’ (WFE) Ring the Bell for Financial Literacy initiative.
“The importance of financial literacy to support an equitable future for all global investors cannot be overstated and we are pleased to once again participate in this year’s Ring the Bell for Financial Literacy initiative,” said Thomas P. Gallagher, Chairman and CEO of MIH. “MIH enthusiastically supports educational initiatives that help pave the way for future investors and we actively partner with schools in our community to empower students with knowledge to help maximize their future financial success.”
The Ring the Bell for Financial Literacy ceremony supports the International Organization of Securities Commissions’ (IOSCO) World Investor Week (WIW) 2024, a global campaign to raise awareness about the importance of investor education and protection. This marks the fifth consecutive year that IOSCO and the WFE are working in partnership on the Ring the Bell for Financial Literacy initiative.
Mr. Gallagher added, “In furthering our financial literacy efforts, MIH proudly sponsors the John Lothian News Futures Discovery video series that provides a unique, peer-led learning experience for young investors to learn about futures markets from students at Roosevelt University in Chicago.”
Additional details and information on the IOSCO WIW 2024 campaign is available at https://www.worldinvestorweek.org. Information on the WFE’s Ring the Bell for Financial Literacy 2024 campaign is available at https://www.world-exchanges.org/ring-bell-financial-literacy-2024.
About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX SapphireTM), MIAX Futures Exchange, LLC (MIAX FuturesTM), LedgerX LLC d/b/a MIAX Derivatives Exchange (MIAXdxTM), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).
MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all four exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism. MIAX also serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).
MIAX Futures is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures. MIAX Futures is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.
MIAXdx is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Swap Execution Facility (SEF) with the CFTC.
BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.
Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.
MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Chicago, IL and Miami, FL. MIAX Futures offices are located in Minneapolis, MN. MIAXdx offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.
To learn more about MIAX visit www.miaxglobal.com.
To learn more about MIAX Futures visit www.miaxglobal.com/miax-futures.
To learn more about MIAXdx visit www.miaxdx.com.
To learn more about BSX visit www.bsx.com.
To learn more about Dorman Trading visit www.dormantrading.com.
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.
Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected]
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Fintech PR
Newmark Group’s Third Quarter 2024 Financial Results Announcement to be Issued Prior to Market Open on Tuesday, November 5, 2024
Conference call scheduled for the same day at 10:00 a.m. ET
NEW YORK, Oct. 9, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its third quarter 2024 financial results press release and conference call. The Company plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at 8:00 a.m. ET on Tuesday, November 5, 2024. Newmark’s advisory release will notify the public that a full-text financial results press release will be accessible at the following pages:
http://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, link to the webcast, and supplemental Excel financial tables)
https://www.nmrk.com/media (PDF version of the full press release only)
Newmark will host a conference call on Tuesday, November 5, 2024, at 10:00 a.m. ET to discuss its results.
WHO: Newmark Group, Inc. (Nasdaq: NMRK)
WHAT: Third Quarter 2024 financial results conference call
WHEN: Tuesday, November 5, 2024, at 10:00 a.m. ET
WHERE: https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56
For those who are unable to join the webcast, the Company expects to post dial-in information before the day of the call on the event’s page at http://ir.nmrk.com.
Webcast Replay
Expected Available From – To: |
11/05/2024 at 1:00 p.m. ET – 11/05/2025 at 11:59 p.m. ET |
Replay Link: |
https://event.webcasts.com/starthere.jsp?ei=1692463&tp_key=fa28476e56 |
Note: If clicking the above links does not open a new webpage, you may need to cut and paste the URLs into your browser’s address bar.
ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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