Author name: editor

Northampton Posts Fiscal 2010 Results

TORONTO, ONTARIO–(Marketwire – July 15, 2010) –  Northampton Group Inc., (TSX VENTURE:NHG)(TSX VENTURE:NHG.DB) an integrated Canadian hotelier, today reported its results for fiscal 2010. Affected by increased supply and reduced demand, consolidated revenues for the year dropped 14.2% to $25.66 million from $29.90 million in fiscal 2009. Year-over-year decreases in both occupancy and average daily rates (ADRs) resulted in a decline in revenue per available room (RevPAR) of between 7% and 31%. All properties have been affected by the contraction, with the airport locations experiencing more severe declines. In the fourth quarter, Northampton’s revenues decreased 3.5% year-over-year to $5.44 million from $5.64 million for the same quarter in the previous year. Although the fourth quarter tends to be comparatively soft, the decline was not as severe as was the case in previous quarters this fiscal year. The quarter was affected primarily by reduced leisure and business travel, but also felt the impact of a strong Canadian dollar, higher energy prices, and the combination of decreased demand and increased hotel supply in most of Northampton’s markets. Despite the difficult situation, Northampton posted a 200.6% increase in net income to $1.67 million from $0.55 million in the previous year, primarily as a result of the sale of the Four Points Montreal Centre-Ville in April of 2009. Overall, the environment continues extremely challenging for everyone in the hospitality sector. Northampton’s lean executive team, strict cost containment, and hands-on management have enabled the company to reduce costs both in the year and the quarter, and the company will continue to manage expenses aggressively

Northampton Posts Fiscal 2010 Results Read More »

Pizza Franchises Are Enjoying a Renaissance

SOURCE: Franchise Direct ATLANTA, GA–(Marketwire – July 15, 2010) –  Americans love pizza and they love pizza franchises. Because of pizza’s continuing popularity, Franchise Direct ( www.FranchiseDirect.com ) has examined the state of pizza franchising in its 2010 Pizza Franchise Report. After assessing the Franchise Disclosure Documents (FDDs) of 25 pizza franchises, Franchise Direct has found that pizza franchises have weathered the recession and are growing again

Pizza Franchises Are Enjoying a Renaissance Read More »

DealPop Launches to Help Seattleites Discover Fantastic Deals on Local Favorites and Hidden Gems

SOURCE: WhitePages New Online and Mobile Social Buying Site From WhitePages Offers Consumers up to 70 Percent Off the Best Places to Eat, Shop and Have Fun in the Greater Seattle Area SEATTLE, WA–(Marketwire – July 15, 2010) –  WhitePages ( www.whitepages.com ), the largest and most trusted online directory, today announced it has entered the social buying category with the launch of DealPop ( www.dealpop.com ) in its hometown of Seattle. With the official launch, DealPop will leverage the more than 100 million local and business searches conducted monthly at WhitePages.com and 411.com to determine the most popular places to eat, shop, and have fun. This knowledge, as well as picks by DealPop’s local insiders, will allow the company to work with merchants to provide the most relevant deals for consumers at local favorites and hidden gems.

DealPop Launches to Help Seattleites Discover Fantastic Deals on Local Favorites and Hidden Gems Read More »

Sell My Timeshare NOW Named as Authorized Reseller for Luxury Barbados Resort

SOURCE: Sell My Timeshare NOW DOVER, NH–(Marketwire – July 15, 2010) –  Jason Tremblay, CEO, Sell My Timeshare NOW, LLC, announced this week that SellMyTimeshareNOW.com has become authorized reseller for The Crane Resort, one of the most luxurious vacation properties in the Caribbean. Kim Goddard, sales director at The Crane Resort, says, “We are excited to enhance our resale program by partnering with Vacation Property Solutions , the Resort Services Division of SellMyTimeshareNOW.com and Timeshare Broker Services, the company’s brokerage arm, to best represent the weeks that owners at The Crane may desire to sell. SellMyTimeshareNOW.com is the only authorized resale company for The Crane Resort.” Jay Bade, RRP, VP of Business Development for SellMyTimeshareNOW.com, says, “Although The Crane Resort has a successful resale program in place, affiliating with Sell My Timeshare NOW increases visibility for The Crane Resort resales, driving traffic and additional buyers through both www.sellmytimesharenow.com and www.thecrane.com

Sell My Timeshare NOW Named as Authorized Reseller for Luxury Barbados Resort Read More »

Cheapflights.ca Takes You Camping This Summer

SOURCE: Cheapflights Canada Offers ‘How-To’ Guide on Packing for a Camping Trip and Its List of Top 10 National Parks in Canada and Around the World TORONTO–(Marketwire – July 15, 2010) – Summer time is the dream season for avid campers, especially those living in Canada. While Canada has only a short window of opportunity to go summer camping, there are national parks across the globe that offer exciting outdoor adventures throughout the year. Cheapflights.ca , the online leader in finding and publishing travel deals, has put together its list of Top 10 National Parks in Canada and around the world

Cheapflights.ca Takes You Camping This Summer Read More »

Kiwi Collection Launches Refreshed Wow Travel: a Digital Travel & Lifestyle Magazine

VANCOUVER, BRITISH COLUMBIA and LONDON, UNITED KINGDOM and SYDNEY, AUSTRALIA–(Marketwire – July 15, 2010) – To coincide with its new brand and website launch, Kiwi Collection has re-imagined WOW Travel as an inspirational travel and lifestyle publication for those looking to expand their horizons. Continuing to stand as a trusted resource for discovering and booking the world’s most exceptional hotels, Kiwi Collection has set out to create a new industry standard with its updated web presence, brand — and now — a unique online publication.

Kiwi Collection Launches Refreshed Wow Travel: a Digital Travel & Lifestyle Magazine Read More »

Scroll to Top
Scroll to Top