Archive for June 21st, 2011
New World Hospitality to Add Rosewood Hotels & Resorts Brand to its Portfolio
Acquisition Will Place Partners at the Forefront of Global Luxury Hospitality
PRNewswire-Asia/ — Hong Kong-based New World Hospitality hotel management company has signed a purchase and sale agreement to acquire Rosewood Hotels & Resorts, L.L.C., a privately held ultra-luxury hotel management company based in Dallas, Texas, USA, from current owners Rosewood Corp. and Maritz, Wolff & Co. The closing date for the USD229.5 million purchase is 29 July 2011. Rosewood Hotels & Resorts will operate as the premium luxury brand in New World Hospitality’s portfolio.
With New World Hospitality’s support, Rosewood Hotels & Resorts, a recognised leader in luxury hospitality, is now poised to elevate its properties to even higher acclaim and expand its reach into new international markets. This development heralds the latest stage in the evolution of Rosewood Hotels & Resorts, from the 1979 opening of its flagship property, Rosewood Mansion on Turtle Creek in Dallas, to a collection of 19 properties in eight countries that includes some of the most legendary hotels and resorts in the world.
“We will be thrilled to welcome Rosewood Hotels & Resorts, one of the industry’s most illustrious hotel groups, into our family,” says Sonia Cheng, chairman of New World Hospitality. “This acquisition represents a strategic direction for our company to establish a robust presence in the international luxury hospitality arena and, particularly with our strong Asia base, Rosewood will be positioned for substantially accelerated global growth.”
“Rosewood’s dedication to the highest calibre of luxury hotel operations and commitment to providing authentic and distinctive guest experiences is a perfect fit with our own culture and vision. We will treasure and protect Rosewood’s legacy, people and reputation.”
“We are very excited to be on the cusp of joining hands with a partner that has a deep appreciation for our history, culture and unique brand,” says John Scott, president and CEO of Rosewood Hotels & Resorts. “We are both dedicated to ensuring that Rosewood guests continue to receive a seamlessly superlative experience at Rosewood properties.”
Caroline Rose Hunt, honorary chairperson of Rosewood Hotels & Resorts says: “It is a source of satisfaction to know that Rosewood Hotels & Resorts will be joining a company that appreciates the heritage of Rosewood and the values on which it was built. We see a bright future for Rosewood and all the people who contributed to its great success.”
New World Hospitality management will share more information upon completion of the acquisition transaction.
About New World Hospitality:
Hong Kong-based New World Hospitality manages the New World Hotels brand of deluxe properties in China and Southeast Asia, as well as the select service pentahotels brand currently represented in Shanghai and Beijing. The group is aggressively expanding its portfolio with more than 20 properties under development. The company is a member of New World Group, a Hong Kong-based leading conglomerate and principal investor in many New World Hospitality properties, which has owned and developed world class, luxury hotel properties for 20 years. For further information, please visit http://www.newworldhospitality.com.
About Rosewood Hotels & Resorts:
Founded in 1979, and headquartered in Dallas, Texas, USA, Rosewood Hotels & Resorts manages one-of-a-kind luxury properties in the world’s most desired destinations. Rosewood properties embrace the company’s A Sense of Place(R) philosophy, reflecting the history, architecture, scale and sensibilities of the destination. With 19 properties in eight countries, the Rosewood collection includes some of the most legendary hotels and resorts in the world including Rosewood Mansion on Turtle Creek(R) in Dallas, The Carlyle in New York, Rosewood Little Dix Bay on Virgin Gorda, as well as contemporary classics such as Rosewood Sand Hill(R) in California, and Rosewood San Miguel de Allende(R) and Las Ventanas al Paraiso, A Rosewood Resort in Mexico. Rosewood also offers Sense(R) spa — featuring treatments reflective of the location’s culture and natural environment — available exclusively at select properties. For more information on Rosewood Hotels & Resorts or Sense, A Rosewood Spa(R), please call +1 888 ROSEWOOD or visit http://www.rosewoodhotels.com.
MEDIA CONTACTS:
Paul Calder
CatchOn & Company
Paul.calder@catchonco.com( mailto:Paul.calder@catchonco.com )
Tel. +852-2807-0222
Angela Wong
CatchOn & Company
Angela.wong@catchonco.com( mailto:Angela.wong@catchonco.com )
Tel. +852-2807-0600
New World Hospitality to Add Rosewood Hotels & Resorts Brand to its Portfolio
Acquisition Will Place Partners at the Forefront of Global Luxury Hospitality
PRNewswire-Asia/ — Hong Kong-based New World Hospitality hotel management company has signed a purchase and sale agreement to acquire Rosewood Hotels & Resorts, L.L.C., a privately held ultra-luxury hotel management company based in Dallas, Texas, USA, from current owners Rosewood Corp. and Maritz, Wolff & Co. The closing date for the USD229.5 million purchase is 29 July 2011. Rosewood Hotels & Resorts will operate as the premium luxury brand in New World Hospitality’s portfolio.
With New World Hospitality’s support, Rosewood Hotels & Resorts, a recognised leader in luxury hospitality, is now poised to elevate its properties to even higher acclaim and expand its reach into new international markets. This development heralds the latest stage in the evolution of Rosewood Hotels & Resorts, from the 1979 opening of its flagship property, Rosewood Mansion on Turtle Creek in Dallas, to a collection of 19 properties in eight countries that includes some of the most legendary hotels and resorts in the world.
“We will be thrilled to welcome Rosewood Hotels & Resorts, one of the industry’s most illustrious hotel groups, into our family,” says Sonia Cheng, chairman of New World Hospitality. “This acquisition represents a strategic direction for our company to establish a robust presence in the international luxury hospitality arena and, particularly with our strong Asia base, Rosewood will be positioned for substantially accelerated global growth.”
“Rosewood’s dedication to the highest calibre of luxury hotel operations and commitment to providing authentic and distinctive guest experiences is a perfect fit with our own culture and vision. We will treasure and protect Rosewood’s legacy, people and reputation.”
“We are very excited to be on the cusp of joining hands with a partner that has a deep appreciation for our history, culture and unique brand,” says John Scott, president and CEO of Rosewood Hotels & Resorts. “We are both dedicated to ensuring that Rosewood guests continue to receive a seamlessly superlative experience at Rosewood properties.”
Caroline Rose Hunt, honorary chairperson of Rosewood Hotels & Resorts says: “It is a source of satisfaction to know that Rosewood Hotels & Resorts will be joining a company that appreciates the heritage of Rosewood and the values on which it was built. We see a bright future for Rosewood and all the people who contributed to its great success.”
New World Hospitality management will share more information upon completion of the acquisition transaction.
About New World Hospitality:
Hong Kong-based New World Hospitality manages the New World Hotels brand of deluxe properties in China and Southeast Asia, as well as the select service pentahotels brand currently represented in Shanghai and Beijing. The group is aggressively expanding its portfolio with more than 20 properties under development. The company is a member of New World Group, a Hong Kong-based leading conglomerate and principal investor in many New World Hospitality properties, which has owned and developed world class, luxury hotel properties for 20 years. For further information, please visit http://www.newworldhospitality.com.
About Rosewood Hotels & Resorts:
Founded in 1979, and headquartered in Dallas, Texas, USA, Rosewood Hotels & Resorts manages one-of-a-kind luxury properties in the world’s most desired destinations. Rosewood properties embrace the company’s A Sense of Place(R) philosophy, reflecting the history, architecture, scale and sensibilities of the destination. With 19 properties in eight countries, the Rosewood collection includes some of the most legendary hotels and resorts in the world including Rosewood Mansion on Turtle Creek(R) in Dallas, The Carlyle in New York, Rosewood Little Dix Bay on Virgin Gorda, as well as contemporary classics such as Rosewood Sand Hill(R) in California, and Rosewood San Miguel de Allende(R) and Las Ventanas al Paraiso, A Rosewood Resort in Mexico. Rosewood also offers Sense(R) spa — featuring treatments reflective of the location’s culture and natural environment — available exclusively at select properties. For more information on Rosewood Hotels & Resorts or Sense, A Rosewood Spa(R), please call +1 888 ROSEWOOD or visit http://www.rosewoodhotels.com.
MEDIA CONTACTS:
Paul Calder
CatchOn & Company
Paul.calder@catchonco.com( mailto:Paul.calder@catchonco.com )
Tel. +852-2807-0222
Angela Wong
CatchOn & Company
Angela.wong@catchonco.com( mailto:Angela.wong@catchonco.com )
Tel. +852-2807-0600
SOURCE﹛New World Hospitality
Comba Telecom Announces Portfolio of Camouflaged Antennas for Asia Pacific Market
Antenna Concealment Solution Helps Wireless Operators Overcome Site Issues and Facilitate Network Rollout and Enhancement
PRNewswire-Asia/ — Comba Telecom Systems Holdings Limited (“Comba” or “the Group”, Hong Kong stock code: 2342), a leading wireless enhancement solutions provider launched its portfolio of camouflaged antennas for the Asia Pacific market at the CommunicAsia2011 event held at Marina Bay Sands, Singapore between 21st to 24th June 2011.
Increasingly, mobile operators are encountering challenges in network rollouts and enhancing wireless coverage. These challenges may come in the form of local regulations on visual environment and resistance from site owners, where the necessary antennas are perceived as unsightly and unseemly for the surroundings. Such issues often cause delays to projects and often the operator has no recourse but to use non-optimal sites or locate the antenna behind a structural facade, with adverse effects on performance and negative impact on project costs.
Helping operators to address these challenges, Comba has developed a portfolio of indoor and outdoor camouflaged antennas with a variety of engineered exteriors that can blend into the environment to overcome siting issues. The portfolio consists of two main types of antennas according to requirements: customized camouflaged antennas and integrated camouflaged antennas. Comba’s customized camouflaged antennas are a cost-effective solution where a camouflaged exterior is designed and fitted to standard antennas to match the surrounding environment with minimal effect on antenna performance. The Comba integrated camouflaged antenna is a highly engineered piece of equipment where the camouflaged exterior is the actual antenna radome, thereby allowing optimal antenna performance without the degradation of signal gains and VSWR typical of traditional camouflage solutions.
Ms. Carol Ye, Deputy General Manager for Comba’s Antenna and Sub-Systems division said, “Siting issues are a serious problem for operators with actual financial impacts. For example, project costs may increase due to site approval delays, optimization costs may increase if an operator is forced to deploy from non-optimal site, and potentially lost revenue streams due to churn caused by customer dissatisfaction over delays and poor quality of the resultant coverage. Therefore, we are delighted to bring our latest antenna solutions to the market. Comba’s camouflaged antennas are developed with aesthetics and performance being a priority and are a proven solution with deployments in other parts of the world. Our antennas have been used by our customers in a variety of settings, from residential areas to historical sites where the visual ambience must be maintained. With this in mind, we work closely with our customers to ensure that their network objectives are reached.”
Comba is displaying a selection of its camouflaged antennas at CommunicAsia 2011 at Stand #1N2-07, Hall B.
About Comba Telecom Systems Holdings Limited
As one of the leading wireless solution providers in the world, Comba is primarily engaged in the R&D and manufacturing of wireless enhancement products including RRU, base station subsystems & antennas, and wireless transmission & access systems. The Group also provides complete turnkey solutions and services to its global customers. Headquartered in Hong Kong, Comba’s global operations include manufacturing platforms in mainland China, R&D centers in mainland China and the USA, and over 40 offices worldwide. In September 2009, Comba was named “Asia’s 200 Best Under A Billion” by Forbes. In March 2010, it was included into the Hang Seng Composite Index Series (under the Information Technology category). In May 2011, Comba secured winning places in five categories in FinanceAsia’s Top Companies Poll, namely, “Best Mid-Cap” (first place), “Most Committed to a Strong Dividend Policy”, “Best Corporate Social Responsibility”, “Best Corporate Governance”, and “Best Managed Company”. For further information, please visit: http://www.comba-telecom.com
For press enquiries:
Strategic Financial Relations (China) Limited
Mr Marcus Keung Tel: +852-2114-4967 Email: marcus.keung@sprg.com.hk
Ms Janice Au Tel: +852-2864-4874 Email: janice.au@sprg.com.hk
Ms. Ada Ho Tel: +852-2114-4954 Email: ada.ho@sprg.com.hk
Ms. Katty Cheung Tel: +852-2864-4850 Email: katty.cheung@sprg.com.hk
Fax: +852-2527-1271
SOURCE﹛Comba Telecom Systems Holdings Limited
Hughes Executive to Speak at CASBAA Forum and CommunicAsia 2011 in Singapore
2011-06-17 07:00
SINGAPORE, June 17, 2011 /PRNewswire-Asia/ — Hughes Network Systems, LLC (Hughes), the global leader in broadband satellite solutions and services, today announced that Ramesh Ramaswamy, assistant vice president of marketing, International Division at Hughes, will be speaking at the Cable and Satellite Broadcasting Association of Asia (CASBAA) Singapore Satellite Industry Forum and CommunicAsia 2011. Mr. Ramaswamy will be taking part in three panel discussions, one at the CASBAA Forum, and two at CommunicAsia 2011.
WHO: Ramesh Ramaswamy, Assistant Vice President of Marketing, International
WHAT: CASBAA Singapore Satellite Industry Forum
“Satellite Broadband/Ka-Band and Higher?”– Panel Discussion
WHEN: Monday, 20 June 2011, 12 noon
WHERE: Shangri-La Hotel, Singapore
WHAT: CommunicAsia 2011
Satellite Communications, Broadband-Driven Trends Track
“Satellite Broadband” – Panel Discussion
WHEN: Tuesday, 21 June 2011, 11:40 am
WHERE: Marina Bay Sands, Singapore
WHAT: CommunicAsia 2011
Satellite Communications, Broadband-Driven Trends Track
“Mobility” – Panel Discussion
WHEN: Tuesday, 21 June 2011, 1:50 pm
WHERE: Marina Bay Sands, Singapore
At the CASBAA Singapore Satellite Industry Forum, Mr. Ramaswamy will be taking part in a discussion on the increased uptake of Ka-band technology in North America and Europe as a means of providing lower cost satellite broadband service, and explore possible future options, including higher frequency bands.
At CommunicAsia 2011, he will be sharing his views in two panel discussions: one focusing on broadband satellite solutions in Asia, and the other on the role of satellite technology and services in bringing the mobile market to its true potential.
About Hughes Network Systems
Hughes Network Systems, LLC (Hughes) is the world’s leading provider of satellite broadband for home and office, delivering innovative network technologies, managed services, and solutions for enterprises and governments globally. HughesNet® is the #1 high-speed satellite Internet service in the marketplace, with offerings to suit every budget. To date, Hughes has shipped more than 2.5 million systems to customers in over 100 countries, representing over 50 percent market share. Its products employ global standards approved by the TIA, ETSI and ITU organizations, including IPoS/DVB-S2, RSM-A, and GMR-1.
Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes operates sales and support offices worldwide, and is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a premier global provider of satellite operations and digital TV solutions. For additional information about Hughes, please visit http://www.hughes.com.
©2011 Hughes Network Systems, LLC. Hughes and HughesNet are registered trademarks of Hughes Network Systems, LLC.
Media Contact:
Judy Blake
Hughes Network Systems
+1-301-601-7330
Judy.blake@hughes.com
Donna Garcia/ John Tan
Rice Communications
+65-6221-8729
hughes@ricecomms.com
SOURCE Hughes Network Systems, LLC (Hughes)
Asia Fresh News 