20 Sep

Wet Weather Returning to South Florida

first_imgGrab that umbrella! The rain is about to return.Deep tropical moisture will be moving into South Florida on Wednesday evening, increasing our rain and storm chances to 50 percent during the overnight hours.That trend will continue throughout Thursday, as chances increase to 70 percent with high temps in the mid 80s.On Friday, we can again expect locally heavy rain and lightning storms, with a 90 percent chance of the wet stuff and another day of mid 80s. The locally heavy rain will increase the flood threat due to the heavy rain some areas received previous weeks.Courtesy: WPTV NewsChannel 5Much of the area will see between one and two inches of rain each day, with locally higher amounts.Meanwhile, Fathers Day weekend will continue to be cloudy, with rain chances at 60 percent on Saturday and 50 percent for Sunday, with highs in the upper 80s both days.We’ll start to dry out on Monday and Tuesday, with partly sunny skies and with highs around 90. A few scattered showers and a thunderstorms remain possible both days.last_img read more

17 Aug

AccorHotels completes acquisition of Mantra Group

first_imgPhoto: Simon McGrath, COO AccorHotels Pacific and Michael Issenberg, Chairman and CEO AccorHotels Asia Pacific celebrate the acquisition at Peppers Soul, Gold CoastAccorHotels completes acquisition of Mantra GroupAccorHotels today announced that it has completed its acquisition of Mantra Group for $1.2 billion. The deal includes the Mantra, Peppers, BreakFree and Art Series brands, representing 138 hotels in Australia, New Zealand, Hawaii and Bali.Michael Issenberg, Chairman and CEO of AccorHotels Asia Pacific said, “The Mantra Group is the latest chapter in the strong growth story of AccorHotels in the region.  Since our launch with the Novotel Sydney on Darling Harbour in 1991, AccorHotels has become the largest hotel group in the Pacific, and Australia has always played a key role in that story.“AccorHotels is a significant contributor to the Australian tourism industry, and this deal is a signal of our confidence in Australia both as an attractive destination for global travellers but also as a feeder market for our Asia Pacific and wider network.”At the close of the deal, AccorHotels will operate over 330 hotels and resorts across Australia and over 900 throughout Asia Pacific. AccorHotels will also be the largest employer on the Gold Coast, outside of government.Simon McGrath, COO of AccorHotels Pacific said, “The Mantra Group brands will enhance AccorHotels’ portfolio and create new opportunities for our people, partners and guests. We believe that tourism is critical to the economic growth of the region and future job creation and this deal will allow us to further develop the industry.”Mr McGrath added that innovative growth was a hallmark of both AccorHotels and the Mantra Group. “Our innovation in economic business models, brands and customer initiatives has fueled our growth over the last 27 years and the Mantra Group has built an innovative business focused on the best partnership experience for its 10,000 strata title owners,” he said.  “Under Bob East’s leadership this bespoke approach and responsiveness has seen it maintain and grow rooms under management.  We see enormous value in leveraging Mantra Group’s entrepreneurial spirit and expertise to create new opportunities.“Mantra’s brands and properties perfectly complement the AccorHotels network and will enable us to provide new destinations and new experiences for our guests. We look forward to combining the talent and expertise of both groups to create an even more innovative, agile and dynamic team.”Bob East, CEO of Mantra Group said, “I am immensely proud of the great company we’ve built and what we’ve achieved as an Australian-based business. It’s been an enjoyable journey for me leading the team since 2007 through to our float on the ASX in 2014 and now closing this deal with AccorHotels.  I have enormous belief in the business and the team here is looking forward to working with Simon and AccorHotels to continue this success.”The Mantra Group leadership team will continue to be based in the Gold Coast office, reporting to Mr McGrath, in line with all other AccorHotels Pacific business units.“I’m looking forward to getting my feet under the desk at the Gold Coast, working with the team and getting to know the detail of this business. We welcome our Mantra colleagues to AccorHotels and together, we will benefit from our shared values, expertise and entrepreneurial spirit,” Mr McGrath said.Source = AccorHotelslast_img read more