On Thursday, Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), lost -0.31% to $71.89.
Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (HOT) and Shenzhen Hazens Real Estate Investment Group, declared the signing of Sheraton San Gabriel, a new, 288-room hotel located in the heart of San Gabriel, about 10 miles northeast of downtown Los Angeles. Set to start construction this month, the Sheraton San Gabriel will feature all of the brand’s signature amenities and offerings, counting Sheraton Club® and a luxury spa. The hotel is predictable to open in early 2018 as the brand seeks to double charge its growth with a aim of opening more than 150 new Sheraton hotels worldwide by 2020. This is just one of many new initiatives presently underway for Sheraton 2020, the all-encompassing plan to make Sheraton the global hotel brand of choice, everywhere.
“The signing of Sheraton San Gabriel further reinforces our commitment to expanding our largest and most global brand with world-class properties in key gateway markets,” said Allison Reid, Senior Vice President of North America Development, Starwood Hotels & Resorts Worldwide, Inc. “We are thrilled to expand our relationship with Hazens Real Estate Investment Group, LLC to bring Sheraton to San Gabriel.”
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names. It also develops, owns, and operates vacation ownership resorts; and markets and sells vacation ownership interests in the resorts, in addition to provides financing to customers who purchase such interests.
Shares of Lockheed Martin Corporation (NYSE:LMT), inclined 0.73% to $206.15, during its last trading session.
Lockheed Martin, introduced Advanced EOTS, an evolutionary electro-optical targeting system, which is available for the F-35’s Block 4 development.
Designed to replace EOTS, the F-35’s current electro-optical targeting system, Advanced EOTS incorporates a wide range of enhancements and upgrades, counting short-wave infrared, high-definition television, an infrared marker and improved image detector resolution. These enhancements improvement F-35 pilots’ recognition and detection ranges, enabling greater overall targeting performance.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services.
At the end of Thursday’s trade, Shares of Canadian Solar Inc. (NASDAQ:CSIQ), gained 0.99% to $19.37.
Canadian Solar Inc., declared that the Company has reached a long term product supply agreement with Vivint Solar (VSLR), a leading provider of distributed solar energy to residential and commercial customers in the United States. This contract, which allows for Canadian Solar to supply Vivint Solar with high efficiency CS6P polycrystalline modules for residential and commercial installations, will give the Company the ability to reach additional customers within these market segments and expand its consumer base.
“Vivint Solar is happy to add Canadian Solar as one of our key module suppliers,” said Jan Newman, Senior Vice President of Business Development at Vivint Solar. “This new, planned relationship will allow us to provide solar power to new residential and commercial customers in various markets.”
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy.
Finally, Expedia Inc (NASDAQ:EXPE), ended its last trade with 2.28% gain, and closed at $115.94.
Travel analysts at Expedia.com, one of the world’s largest full-service online travel sites, examined savings to popular “shoulder season” destinations such as the Caribbean, Mexico and Hawaii. On average, U.S. travelers can save 13% on travel to Hawaii, 12% on travel to Mexico and 11% on travel to the Caribbean this fall. Shoulder season is the period between off-season and high-season, when good deals and good weather often meet.
Focusing on the top ten origin markets in the United States, counting New York, Chicago, Los Angeles and Houston, the team analyzed differences in airline average ticket prices and hotel average daily rates in this forthcoming shoulder season (September 1 – October 31, 2015) as compared to the summer high season (June 1 – August 31, 2015) to Miami, Hawaii, Mexico and the Caribbean.
Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia. It provides travel products and services to leisure and corporate travelers, offline retail travel agents, and travel service providers through a portfolio of brands, counting Expedia.com, Hotels.com, Hotwire.com, Classic Vacations, Travelocity, Expedia Local Expert, Egencia, Expedia CruiseShipCenters, eLong, and Venere.com, in addition to trivago, CarRentals.com, Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au, and Arnold Travel Technology.
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