Friday, June 12, 2026
Google search engine
Home Blog Page 22

Taimei Technology and C&R Research Announce Strategic Partnership to Build AI-Powered Clinical Trial Innovation

0

SEOUL, South Korea and SHANGHAI, May 7, 2026 /PRNewswire/ — Taimei Technology (HK.02576), a leading AI-powered drug clinical development platform company, and C&R Research (A359090), a top-tier CRO in South Korea, signed an enterprise-level strategic partnership agreement, officially launching the development of an AI-based clinical trial operations system.

Scene from the signing of the strategic cooperation agreement.
Scene from the signing of the strategic cooperation agreement.

Under this partnership, C&R Research will deploy Taimei Technology’s leading digital infrastructure and AI Agents across multiple clinical trials to automate and enhance trial design and operational workflows. A particular focus will be on data management, where the EDC + iDM Agent combination will be actively adopted. Innovations such as intelligent data capture and governance, AI-driven eCRF generation, and automated test case creation are expected to boost productivity and quality in clinical research.

Leveraging its full-stack AI capabilities, 13 years of industry expertise, and global operational experience, Taimei Technology has deeply focused on the clinical research vertical, and has been among the first to build a comprehensive AI Agent matrix, enabling scenario-based AI applications across the entire clinical research workflow. Key offerings include eCollect (EDC), eBalance (RTSM), eCOA, eCooperate (CTMS), and eArchives (eTMF), iDM Agent, iCTA Agent, iPV Agent; as well as the iMAP intelligent medical analytics platform etc. These products can be flexibly configured to address critical pain points across clinical research—from efficiency to scientific insights—significantly improving trial efficiency and success rates.

The two companies plan to integrate AI-driven operational models with Korea’s CRO-centric clinical trial execution system, thereby building a more efficient and intelligent clinical research framework.

Korea has established a mature ecosystem in innovative drug development and clinical execution, with clinical trial activity and participation in global pipelines ranking among the top worldwide. Industry observers believe this partnership goes beyond technology adoption and will serve as a key catalyst for accelerating the AI-driven digital transformation of South Korea’s clinical trial landscape.

Moon Tae Yoon, CEO of C&R Research, commented: “As clinical trials become increasingly complex, AI-based data management and operational automation are emerging as essential competitive factors. Through this partnership, we will build a more efficient and innovative clinical execution system.”

Zhao Lu, Chairman of Taimei Technology, stated: “This partnership represents an important opportunity to bring the AI clinical operations experience we have accumulated in global markets into South Korea. We look forward to collaborating with more Korean ecosystem partners to continuously drive the intelligent transformation of clinical trials.”

Source

AirAsia CEO on optimizing its fleet with record Airbus deal

0

Share

Tony Fernandes, CEO of Capital A, talks about the AirAsia’s latest order deal with France’s Airbus, and explains how the addition of A220s will help streamline and expand the airline’s network.

05:35

Wed, May 6 202611:40 PM EDT

Source

Artprice News: The Lyon Biennale 2026 redefines the driving forces of international contemporary art

0

PARIS, May 7, 2026 /PRNewswire/ — In autumn 2026, in the wake of the Venice Biennale, the Lyon Biennale of Contemporary Art establishes itself as one of the major events on the international artistic calendar.

18th Lyon Biennale Contemporary Art - 2026
18th Lyon Biennale Contemporary Art – 2026

As France’s leading contemporary art event, each edition brings together nearly 300,000 visitors and generates more than 2.7 million encounters with artworks in public space, affirming a unique model in which artistic production, dissemination, territorial engagement and international reach converge on a large scale.

More than an exhibition, the Lyon Biennale now constitutes an international platform of influence, situated at the intersection of artistic scenes, institutions, collectors, foundations, professionals and global economic dynamics.

18th Lyon Biennale of Contemporary Art
Passer d’un rêve à l’autre / To pass from one dream to another
Lyon, France | September 19 – December 13, 2026
https://www.labiennaledelyon.com/en

Download Press Kit: https://www.labiennaledelyon.com/en/espace-presse-art

After Venice, Lyon: a new centre of gravity for the global art scene

The 18th Lyon Biennale of Contemporary Art will take place at the heart of autumn 2026, at a strategic moment within the international contemporary art calendar. It extends, shifts and reactivates the major artistic conversations initiated in Venice, grounding them within a singular territory: Lyon, a city of passages, exchanges and transformations.

Within this urban, historical and economic geography, the Biennale transforms Lyon into a full-scale space for experimentation, where artworks engage in dialogue with heritage, industrial, museum and public sites.

Catherine Nichols: an international curatorial voice on the rise

The 18th edition is entrusted to Catherine Nichols, a Berlin-based curator, writer and art historian. She was recently appointed Artistic Director of Manifesta, within the framework of a new co-directorship model that will come into effect from October 2026 onward.

With Passer d’un rêve à l’autre, Catherine Nichols develops an ambitious project centred on the notion of “poetic economy,” inspired by Robert Filliou. Here, the economy is not approached merely as a financial system: it becomes a sensitive infrastructure composed of relationships, flows, narratives, visible and invisible labour, and material as well as immaterial values.

Rooted in Lyon’s history — a city shaped by commerce, circulation, silk production, industry and confluences — this reflection takes on both a local and profoundly global dimension.

An expanded artistic cartography: new scenes, new narratives

Bringing together more than 70 international artists, this edition is distinguished by a strong openness toward artistic scenes still insufficiently represented in Europe, particularly from Australia and New Zealand, and spanning more than thirty nationalities. These territories engage in dialogue with the French and European scenes within a framework that brings together major figures, established artists and emerging voices.

The Biennale thus constructs an expanded artistic cartography in which questions of value, care, heritage, production and transformation run across practices, generations and geographies.

Artists – (full list to be completed in June)

Akwasi Bediako Afrane, Lara Almarcegui, Joël Andrianomearisoa, Serwah Attafuah, Béatrice Balcou, Eva Barto, Lucy Beech, Rossella Biscotti, Barbara Breitenfellner, Yuriyal Eric Bridgeman, Sara Sejin Chang (Sara van der Heide), Fiona Clark, Lua Coderch, Léa Collet, June Crespo, cyan, Edith Dekyndt, Huong Dodinh, Yana Nafysa Dombrowsky-M’baye, Mikala Dwyer, Robert Filliou, Florian Fouché, Rose Frigière, Angela Goh, Birke Gorm, Nuria Güell, Alice Guy, Oda Haliti, Archana Hande, Matthew Harris, Timo Hogan, Ngahina Hohaia, Jelena Jureša, Lucia Kagramanyan, Kirtika Kain, Mikhail Karikis, Ndayé Kouagou, Perrine Lacroix, Maureen Lander, Ida Lawrence, James Lewis, LYL Radio, Kokou Ferdinand Makouvia, Nicholas Mangan, Angelica Mesiti, Hana Miletić, Hayley Millar Baker, Jazz Money, Mai Nguyen-Long, Manfred Paul, Thea Anamara Perkins, Susan Philipsz, Laure Prouvost, raumlaborberlin, Miguel Rothschild, Selma Selman, Erwan Séné, Igor Šimić, Sriwhana Spong, Tina Stefanou, Mette Sterre, Michael Stevenson, Pol Taburet, Huda Takriti, Tsuneko Taniuchi, Ashleigh Taupaki, Minh Lan Tran, Thu-Van Tran, Álvaro Urbano, Kaylene Whiskey, Luke Willis Thompson, Candrani Yulis.

Exhibition venues

  • macLYON – Museum of Contemporary Art
  • Les Grandes Locos
  • Museum of Textiles and Decorative Arts
  • Traboules of the Croix-Rousse slopes – free access
  • Garden of the Museum of Fine Arts – free access
  • IAC – Institute of Contemporary Art / Frac Rhône-Alpes
  • Musée des Confluences
  • Bullukian Foundation – free access
  • LPA Saint-Antoine car park – free access
  • Metro line B station – Gare Part-Dieu

An international platform for production and influence

The Lyon Biennale is simultaneously a site for the production of new works, an international professional hub and a space for reflection on contemporary transformations. It is embedded within a global network, notably through the International Biennial Association, and each edition welcomes artists, curators, institutions, foundations, partners and art market actors.

Through its artistic projects, professional programmes, international collaborations, mediation initiatives and participatory projects, the Lyon Biennale asserts a singular model: a leading event open to the widest possible audience and fully engaged with the issues of its time.

Key dates

  • September 16–18, 2026: Press Days
  • September 17–18, 2026: Professional Days
  • September 18, 2026: Preview / Opening
  • September 19, 2026: Public Opening
  • December 13, 2026: Closing Date

About the Lyon Biennale

For more than forty years, the Lyon Biennale has organised two major events on the cultural scene in France and internationally: the Biennale of Contemporary Art and the Dance Biennale.

As the institution responsible for the conception, programming and implementation of these two events, the Lyon Biennale is today recognised as one of the major international events dedicated to contemporary creation. It enjoys strong recognition among professionals, the press and audiences alike.

Its commitment is based on four core missions: an ethical mission, through the development of a sensitive relationship to the world via visual arts and dance; a social mission, through openness to all audiences and the creation of social bonds; an economic mission, through its contribution to the visibility and attractiveness of the territory; and a CSR mission, through a socially responsible approach toward all its stakeholders.

Creativity, excellence, rigour, solidarity, social diversity and inclusivity lie at the heart of the Lyon Biennale project.

Governance

  • President: Laurent Bayle
  • Chief Executive Officer: Cécile Bourgeat
  • Artistic Director of the Lyon Biennale of Contemporary Art: Isabelle Bertolotti
  • Curator: Catherine Nichols

The 2026 Lyon Biennale embodies a unique model and has established itself as a must-attend event on the international scene. Twenty-six years after their first collaboration, Artprice by Artmarket and La Demeure du Chaos are partnering with the 18th Lyon Biennale.

A must-attend event on the international Art calendar, the Lyon Biennale has established itself, following in Venice’s footsteps, as much more than an exhibition: a platform of influence where artists, institutions, collectors, foundations, and key players in the global Art Market converge.

Twenty-six years after “Partage d’Exotisme”- the legendary 2000 Biennial curated by Jean-Hubert Martin, which served as a follow-up to his famous 1989 exhibition “Les Magiciens de la Terre” at the Centre Georges Pompidou and caused a sensation in the West. This Biennial brought together Artprice by Artmarket and La Demeure du Chaos as patrons for the first time. In 2026, they will once again join the Lyon Contemporary Art Biennial as committed partners for its 18th edition.

Thierry Ehrmann, founder of Artprice, president of Artmarket, and visual artist for over four decades, creator of La Demeure du Chaos – officially recognized on March 20, 2025 as a “Total Work of Art” by Minister of Culture Rachida Dati, applauds the significance of this Biennale of Contemporary Art, which engages with the geographical and economic characteristics of the city of Lyon.

It is in this spirit that the two entities are joining forces to support the work of Selma Selman, an artist who employs performance, painting, photography, and video to embody the struggles of her community, questioning the value of labor, objects, and bodies. She extracts the hidden poetry from industrial materials – and reminds us that beauty, too, is born of Chaos.

https://www.artprice.com/artprice-news

Contact: econometrics@artprice.com

Catherine Nichols, Isabelle Bertolotti - Photo: Blandine Soulage
Catherine Nichols, Isabelle Bertolotti – Photo: Blandine Soulage

Source

Despite higher energy prices, there’s an opportunity in travel stocks, says Janus’ Jeremiah Buckley

0

Share

Jeremiah Buckley, equities portfolio manager at Janus Henderson, joins ‘Squawk on the Street’ to discuss technology themes, his top picks in travel stocks, and more.

03:47

Wed, May 6 202610:20 AM EDT

Source

US issues travel warning for breathtaking vacation destination as crime, unrest surge

0

NEWYou can now listen to Fox News articles!

American tourists are being warned to exercise caution in a Latin American country, with a “do not travel” warning issued for one of its provinces.

The State Department on April 28 updated its Level 2 travel advisory for Bolivia, urging Americans to “exercise increased caution.”

A South American country bordering Brazil, Argentina, Peru, Chile and Paraguay, Bolivia is known for its jungles, salt flats and Andean landscapes.

URGENT WARNING ISSUED BY CDC AS CHIKUNGUNYA VIRUS OUTBREAK HITS VACATION DESTINATION

The country draws tourists to its administrative capital, La Paz, as well as to Lake Titicaca, which sits between Bolivia and Peru.

Despite its existing Level 2 status, the State Department’s latest update added new warnings for Bolivia.

Aerial view of a Bolivian town on the coastline with boats and homes

The State Department updated its travel advisory for Bolivia on April 28, urging Americans to exercise increased caution. (iStock)

The advisory notes that petty crime is common in the country, “especially in popular tourist spots.”

Officials are using people to “stay aware of your surroundings,” the advisory noted. 

POPULAR TRAVEL SCAMS AND SAFETY WARNINGS YOU NEED TO KNOW BEFORE TAKING VACATION

“Large demonstrations about local politics and the economic situation can happen with little warning. Demonstrations may block transportation and other essential services.”

Tourist standing near Lake Titicaca

Lake Titicaca, which sits between Bolivia and Peru, remains a major draw for travelers visiting the region. (iStock)

U.S. government employees in El Alto, Bolivia’s second-largest city, are “encouraged to pay extra attention to their surroundings” due to petty crime, the notice said.

CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER

Tourists are also urged not to travel to the province of Chapare “for any reason.”

“Significant amounts of coca are produced illegally in Chapare Province,” the advisory noted.

Aerial view of a city in Bolivia showing buildings and streets.

U.S. officials warn that petty crime is common in Bolivia, especially in popular tourist areas. (iStock)

“Local police presence is limited, and there is a higher prevalence of violent crime associated with narco-trafficking.”

The State Department also said that U.S. government employees need “special authorization” to travel to Chapare Province.

Americans visiting Bolivia are urged to stay vigilant. 

The advisory added, “The U.S. government has limited ability to offer emergency services to U.S. citizens in Chapare Province.”

Americans visiting Bolivia are urged to stay vigilant, avoid crowds and follow local updates, as well as to travel with insurance and emergency plans.

Woman standing near volcano in Bolivia

U.S. travelers are being reminded to stay cautious while exploring Bolivia’s popular destinations. (iStock)

Fox News Digital reached out to the U.S. State Department for additional comment.

Bolivia joins a growing list of destinations recently flagged by U.S. officials.

TEST YOURSELF WITH OUR LATEST LIFESTYLE QUIZ

Last month, the State Department updated its travel advisory for Azerbaijan, a South Caucasus country between Eastern Europe and Western Asia, over Iran-linked security concerns.

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

Officials also issued a security alert for Tirana, Albania, cautioning that Iran-linked groups may target Americans.

Source

Activate Opens First Malaysia Location in Kuala Lumpur in Partnership with Kara Holdings

0

WINNIPEG, MB, May 6, 2026 /PRNewswire/ — Activate, North America’s fastest-growing interactive gaming experience, has officially opened its first location in Kuala Lumpur, Malaysia. Activate opened inside Pavilion Bukit Jalili, in partnership with Kara Holdings, a Southeast Asia-based entertainment venue group.

Activate and Kara Holdings open first location in Southeast Asia in Kuala Lumpur, Malaysia
Activate and Kara Holdings open first location in Southeast Asia in Kuala Lumpur, Malaysia

The 1,300 m² Activate live-action gaming venue features 12 game rooms and more than 800 levels. Players move room to room, using reflexes, smarts, and teamwork to beat each game. Each room hits teams with fast, physical and mental challenges that test speed, coordination and problem-solving. The games are built for teams of two to five players, and each session gives groups in Kuala Lumpur a fast, indoor way to play together – friends, families, work teams, and schools.

“We’re bringing Activate to Malaysia for the first time,” said Robin Lim, Chief Executive Officer of Kara Holdings. “Players in Kuala Lumpur will run, think fast, and win together. Every session feels like a workout and a party.”

Activate launched in Canada in 2019 and built a following by turning gaming into something you play with your body and mind. RFID tracking follows Player progress over time, so guests can level up, unlock achievements, earn Next Level Rewards, and compare scores with friends around the world.

“Activate brings a new kind of energy to the market,” said Adam Schmidt, Co-Founder and CEO of Activate. “From the moment Players step in, they’ll feel the pace, the challenge, and the rush of the game. It’s something Malaysia hasn’t seen before.”

Today, Activate operates more than 70 locations worldwide and plans to open 30 additional locations in 2026. Activate plans to expand across Southeast Asia with Kara Holdings, including future sites in Singapore.

To book a visit or learn more, visit playactivate.my or follow @activategames on Instagram and TikTok.

ABOUT ACTIVATE
The games await. Behind every door, you’ll need your reflexes, your wits, and your friends to beat them. Play against the room or against each other–it’s easy to play but hard to beat. Welcome to Activate. Headquartered in Winnipeg, Canada, Activate has become North America’s fastest-growing interactive gaming experience, growing to more than 75 locations across Canada, the U.S., Finland, France, Malaysia, Mexico, Norway, Sweden, the U.K., and the U.A.E.

Visit Activate and follow us on social media:

Facebook: @activategames
Instagram: @activategames
TikTok: @activategames
LinkedIn: @activategames

Source

Brad Scott given key metrics on which to improve as Bombers coach ‘hangs by a thread’

0

Essendon coach Brad Scott is in a fight for his job.

The Bombers have laid out a specific set of metrics on which Scott must show improvement for him to see out his contract, which expires at the end of next year.

There are two main categories Essendon directors are monitoring to help them decide whether Scott remains the man to take them forward, as revealed by Tom Morris on Wednesday night’s edition of The Agenda Setters.

Know the news with the 7NEWS app: Download today Arrow

One centres around player development.

“Essentially, how many players have improved and by how much,” as put by Morris.

The second metric is based on defence, and more specifically team defence. Pressure acts, scores against and inside 50s against are all key performance indicators that will contribute to Scott’s future.

“Brad Scott’s future, in my view, hangs by a thread if he can’t improve these numbers,” Morris said.

St Kilda great Nick Riewoldt noted the abnormality of using a specific set of in-game statistics to determine a coach’s job.

Brad Scott is in a fight for his job.
Brad Scott is in a fight for his job. Credit: Getty

“Typically for a coach, any coach, their future is decided by wins and losses, so that’s different,” Riewoldt said.

“Who came up with the metrics and why is a shift away from a typical wins-loss type scenario?”

Morris said it’s because the board is trying to take a more holistic approach.

“I think there’s a bit of an understanding that wins and losses are a bit unfair because they’re so young, so they need to dig deeper,” he said.

“How is this team defending? It’s understanding that premiership teams are built from defence.

“And the other element is, I think wins and losses don’t tell the full story sometimes. And I think if you dig deeper, these numbers actually tell us where Essendon is at when it comes to key metrics; that’s inside 50s against, opposition scores from centre bounce, and centre clearance against.

“And those numbers paint a bleak picture, and there’s only one conclusion that I can draw from that: if Brad Scott doesn’t improve then his job is very much on the line this year.

“The board are the people who control Brad Scott’s job.”

Essendon captain Andy McGrath and Darcy Parish after the Anzac Day loss to Collingwood last month.
Essendon captain Andy McGrath and Darcy Parish after the Anzac Day loss to Collingwood last month. Credit: Getty

Essendon are 18th in the competition for inside 50s against, 18th for opposition defensive half chains to score, 18th for opposition defensive 50 chains to score, 18th for centre clearances against, and 17th for scores against from centre stoppages.

“These are pretty granular metrics,” Riewoldt said.

“It’s easy for a board to sit there and say it’s win-loss. But we’re getting right down into the weeds there — that’s pretty detailed.

“The other question is: what’s the threshold? Do you need to finish 15th in some of those numbers?”

Essendon’s board includes former players Ted Richards and Andrew Walsh, who is the president, and was seen to be the key driver behind denying Zach Merrett’s trade request last year.

“Andrew Welsh has proven to be someone that can make hard decisions at the right time,” Morris said.

Seven’s chief footy reporter Mitch Cleary noted questioned why Scott would be under so much pressure when the board knew the implications of their draft strategy in recent years.

“And was this not part of the decision to re-sign Brad Scott last year?” Cleary said.

“He had a contract originally to 2026, they extended that until 2027 knowing that they were coming into a period where they were going to be one of the youngest groups in the competition.

“Right now they’re 16th in the AFL for age. For me, it feels like this is where it comes down to, as opposed to the win-loss.”

Source

Golden Week shift: Analyst sees Chinese travelers becoming more ‘tactical’ with spending

0

Share

Charlotte Zhou, Consumer and Internet A0analyst at China Galaxy International, discusses shifts in consumer behavior during China’s Labor Day “Golden Week.” While overall spending was strong, consumers appeared more cautious and value-driven, with a pivot towards more short-haul domestic trips, opting for rail over air flights. She also notes how they are being more selective in the experiences they spend on.

05:31

6 hours ago

Source

Radisson Hotel Group signs Radisson Perth at SCQ, marking a new chapter in West Perth’s transformation

0

BRUSSELS and PERTH, Australia, May 6, 2026 /PRNewswire/ — Radisson Hotel Group is pleased to announce the signing of Radisson Perth, an upscale hotel set within the landmark Sydney Charles Quarter (SCQ) precinct in West Perth, marking the debut of the Radisson brand in Western Australia. The property is expected to open later this year and will represent a significant milestone in the Group’s continued expansion across Australia.

Radisson Perth _ pool render
Radisson Perth _ pool render

Developed by APPL Group and operated by Mandala Hotels & Resorts, Radisson Perth will form a key part of SCQ, a major mixed-use development designed as a connected village that brings together residential, commercial, and lifestyle elements in one integrated destination.

The hotel will feature 120 rooms and studios, complemented by a rooftop bar and restaurant, meeting spaces, a swimming pool, and a strong focus on guest engagement through art and curated experiences. Its location in West Perth offers strong connectivity to the CBD, key commercial hubs, and major transport links, supporting balanced corporate and leisure demand throughout the year.

“We’re delighted to bring the Radisson brand to this exciting precinct,” said Danilo Curcuruto, Director of Development, Australasia, Radisson Hotel Group. “Radisson Perth is a strong addition to our growing presence in Australia and reflects our focus on partnering with high-quality developments in key urban locations. We are particularly pleased to mark our entry into Western Australia with such a prominent project, in partnership with APPL Group, whose vision and commitment to delivering a standout precinct have been instrumental in bringing this opportunity to life.”

Commenting on the signing, Michelle Prater, Director, APPL Group, said:
“SCQ has been designed as a modern connected village, and the inclusion of Radisson Perth is a key component in bringing that vision to life. We were seeking a brand that stands apart in the market, with a strong identity and the ability to enhance the overall positioning of the village, and Radisson was a natural fit.”

Located on the western fringe of Perth’s CBD, the hotel benefits from proximity to key office precincts, healthcare, and education institutions, as well as retail and dining hubs. The property is well connected to Perth Airport and major transport infrastructure, supporting accessibility for both domestic and international travelers.

Perth continues to strengthen its position as a key gateway to Western Australia, supported by a diverse economy, strong corporate base, and growing tourism appeal. Ongoing infrastructure investment and urban renewal projects, including developments across West Perth and the CBD, are expected to drive sustained demand for well-positioned hotel assets.

Gemma McCourt, Chief Operating Officer at Mandala Hotels & Resorts, added:
“Radisson Perth is an important milestone in Mandala’s national growth strategy and a clear example of the contemporary, experienceled hotels we are committed to operating across Australia. SCQ is reshaping West Perth, and this hotel will play a defining role in creating a connected, designforward precinct that appeals to both corporate and leisure travelers. Its location, product mix, and brand alignment create strong fundamentals for longterm performance. We’re pleased to partner with Radisson Hotel Group and APPL Group to deliver a hotel that elevates the precinct, strengthens the market, and reflects the confidently different approach Mandala is known for.”

Radisson is an upscale brand that combines contemporary design with a focus on functionality, service, and comfort, catering to both business and leisure travelers. With this signing, Radisson Hotel Group continues to build momentum in Australasia, targeting strategic locations and high-quality developments that align with the evolving needs of owners, investors and guests.

ABOUT RADISSON HOTEL GROUP 

Radisson Hotel Group is a rapidly expanding international hotel group, operating in EMEA and APAC with more than 1,600 hotels in operation and under development in +100 countries. The Group’s overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos. 

The Radisson brand portfolio includes Radisson Collection, art’otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and Prize by Radisson — brought together under one commercial umbrella brand, Radisson Hotels.  

Radisson Rewards is Radisson Hotel Group’s loyalty program, which delivers an elevated experience that makes Every Moment Matter, counting more than 27 million members. As the most streamlined program in the sector, members enjoy exceptional advantages and can access their benefits from day one across a wide range of hotels in Europe, Middle East, Africa, and Asia Pacific.  

Radisson Meetings provides tailored solutions for any event or meeting, including hybrid solutions, placing guests and their needs at the heart of its offer. Radisson Meetings is built around three strong service commitments: Personal, Professional, and Memorable, while delivering on the brilliant basics and being uniquely Carbon Compensated.  

At Radisson Hotel Group, we care for people, communities, and planet and aim to be Net Zero by 2050 based on the approved Science Based Targets. With unique solutions such as carbon-compensated Radisson Meetings, we make sustainable hotel stays easy. To facilitate sustainable travel choices, all our hotels are becoming verified on Hotel Sustainability Basics. 

The health and safety of guests and team members remain a top priority for Radisson Hotel Group. All properties across the Group’s portfolio are subject to health and safety requirements, ensuring we always care for our guests and team members. 

For more information, visit our corporate website. Or connect with Radisson Hotels on:  

LinkedIn | TikTok | Instagram | Facebook | YouTube | WhatsApp | X 

Source

Frontier Airlines forecasts revenue boost from Spirit collapse

0

Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport.

Leslie Josephs/CNBC

Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight.

“Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per available seat mile] uplift of 3% to 5% going forward,” Frontier’s chief commercial officer, Bobby Schroeter, said on an earnings call Tuesday.

Just before Spirit ceased operations, marking the biggest U.S. airline collapse in a generation, the budget airline had 35% overlap with Frontier’s seats and 31% with JetBlue Airways‘ seats in the market, according to an analysis published Sunday by Raymond James analyst Savanthi Syth.

Spirit Airlines collapsed — here's what happens next

Frontier shares were up more than 6% in afternoon trading after it released first-quarter results, outpacing the broader market.

Frontier said it expects unit revenue to rise more than 20% in the second quarter, citing strong demand and less competition on its routes. It expects adjusted losses per share of between 45 cents and 60 cents.

Frontier was Spirit’s planned merger partner four years ago before JetBlue swooped in with an all-cash offer in a deal that was eventually blocked by a U.S. judge in 2024.

In Spirit’s final months, airlines had been adding flights on its routes or crafting expansion plans behind the scenes. JetBlue, for example, said it would add a host of service at Fort Lauderdale-Hollywood International Airport in Florida, Spirit’s former home hub.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source