Volunteer Advocates Push For Mental Health and Suicide Prevention Legislation Nationwide

WASHINGTON, Feb. 9, 2021 /PRNewswire/ — This spring, over 30,000 volunteer Field Advocates from the American Foundation for Suicide Prevention (AFSP) will join together in advocating for effective suicide prevention legislation. Beginning now through May, AFSP Advocates will participate in…

WASHINGTON, Feb. 9, 2021 /PRNewswire/ — This spring, over 30,000 volunteer Field Advocates from the American Foundation for Suicide Prevention (AFSP) will join together in advocating for effective suicide prevention legislation. Beginning now through May, AFSP Advocates will participate in State Capitol Day events happening across the United States during which they will share their personal connection to suicide and talk to state public officials about legislation that can help reduce state and national suicide rates. Interested individuals are encouraged to connect with their local AFSP Chapter for event dates and registration information, afsp.org/chapter.

«At State Capitol Day events, AFSP’s volunteer advocates bravely share their connection to our cause and ask their lawmakers to advance legislation that will address this leading cause of death,» said Robert Gebbia, AFSP CEO. «By participating in this advocacy program, our volunteers are helping those who write state laws better understand that suicide affects people throughout their state and that more needs to be done to prevent loss of life from suicide. Even though these events are being held virtually this year, they are just as vital to saving lives and bringing hope to those affected by suicide.»

As the host organization for these events, AFSP has a list of specific public policy priorities that every state should focus on to reduce the suicide rate. These priorities include efforts such as:

  • Training for educators about suicide warning signs,
  • State funding streams for the implementation of the new 9-8-8 dialing code for the National Suicide Prevention Lifeline, and
  • Increasing the number of health professionals who receive regular trauma – and evidence-informed education and training in suicide assessment, treatment, and management.

For a full list of the organization’s state legislative priorities, visit: https://www.datocms-assets.com/12810/1609876825-14196afsppolicysynopsis20212022statem1.pdf.

To date, there have been 37 events scheduled this year, with many more expected to be scheduled. AFSP’s volunteer Field Advocates in attendance at State Capitol Day events, include suicide loss survivors, those with lived experience of suicide and those who support them, mental health clinicians, and people who are passionate about the cause. Some events will include guest speakers such as the Governor, Lt. Governor and/or state legislators. In the week following each event, advocates will have a phone or video appointment with state legislators to share their story and what legislation can make an impact in their respective state. In 2020, 27 state bills that were supported as part of a State Capitol Day event became law.  

The planning for these events began in November of last year. To follow along with the advocates as they make strides in this work, follow #AFSPadvocacy. To join this movement and receive updates about events in your area visit: afsp.org/advocate.

The American Foundation for Suicide Prevention is dedicated to saving lives and bringing hope to those affected by suicide. AFSP creates a culture that’s smart about mental health through education and community programs, develops suicide prevention through research and advocacy, and provides support for those affected by suicide. Led by CEO Robert Gebbia and headquartered in New York, and with a public policy office in Washington, D.C., AFSP has local chapters in all 50 states with programs and events nationwide. Learn more about AFSP in its latest Annual Report, and join the conversation on suicide prevention by following AFSP on Facebook, Twitter, Instagram, and YouTube.

 

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SOURCE American Foundation for Suicide Prevention

Automotive Motors Market to Garner $36.66 Bn, Globally, by 2027 at 6.5% CAGR: Allied Market Research

Surge in demand for safety and convenience-related features, high demand for electric vehicles, and stringent safety regulations of governments drive the growth of the global automotive motors market.

PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Motors Market by Type (DC brushed motors, Brushless DC motors,…

Surge in demand for safety and convenience-related features, high demand for electric vehicles, and stringent safety regulations of governments drive the growth of the global automotive motors market.

PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Motors Market by Type (DC brushed motors, Brushless DC motors, Stepper motors, and Traction motors), Vehicle Type (Two-wheelers, Electric Two-wheelers, Passenger cars, Light commercial vehicles (LCVs), Heavy commercial vehicles (HCVs), BEV, PHEV, and HEV), Function (Performance, Comfort & Convenience, and Safety & Security), Technology (PWM, DTC, and others), and by Application (Alternator, ETC, Electric parking break, Sun roof motor, Fuel pump motor, ECM, Wiper motor, Engine cooling fan, HVAC, VVT, EGR, Starter motor, Anti-lock brake system, EPS, PLG, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global automotive motors industry was estimated at $28.72 billion in 2019, and is anticipated to hit $36.66 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.

Allied_Market_Research_Logo

Download Report (488 Pages Research) Sample at https://www.alliedmarketresearch.com/request-sample/6187

Drivers, restraints, and opportunities-

High demand for safety and convenient features, increase in demand of electric vehicles, and strict safety regulations set by government fuel the growth of the global automotive motors market. On the other hand, decrease in global vehicle production and surge in trend of shared mobility impede the growth to some extent. However, the concept of autonomous cars is expected to pave the way for lucrative opportunities in the industry.

Covid-19 scenario-

  • The outbreak of the pandemic led to huge disruption in the manufacturing units across the world. Also, the unavailability of skilled labor impacted the global automotive motors market negatively.
  • However, as the lockdown has slackened off in most of the countries, the market is expected to recuperate soon.

Get detailed COVID-19 impact analysis on the Automotive Motors Market Request Here

The passenger cars segment to retain its dominance by 2027-

Based on vehicle type, the passenger cars segment contributed to more than half of the global automotive motors market share in 2019, and is expected to rule the roost by the end of 2027.  Increase in disposable income in countries such as India and China propel the growth of the segment. The BEV segment, on the other hand, would grow at the fastest CAGR of 17.1% throughout the forecast period. BEVs are cheaper to run and maintain. They also help reduce greenhouse gas emissions. These factors drive the segment growth.

The comfort & convenience segment to rule the roost-

Based on function, the comfort & convenience segment accounted for more than half of the global automotive motors market revenue in 2019, and is anticipated to dominate by 2027. Increase in disposable income of people and rise in awareness toward safety, security, & convenience features of vehicles drive the growth of the segment. Simultaneously, the safety & security segment would manifest the fastest CAGR of 9.5% during the forecast period. High demand for safety & security features and stringent safety regulations set by governments for the automotive industry drive the segment growth.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/6187

Asia-Pacific, followed by Europe and North America, held the major share in 2019-

Based on region, Asia-Pacific, followed by Europe and North America, held the major share in 2019, generating nearly three-fifths of the global automotive motors market, owing to increase in demand for advanced vehicles among citizens and development of IoT in the automobile segment. At the same time, the market across LAMEA would portray the fastest CAGR of 8.9% from 2020 to 2027. Factors such as growth in IoT, rise in demand for advanced technologies in automotive, and increase in safety & security of vehicles, drive the market in the region.

Frontrunners in the industry-

  • BorgWarner Inc.
  • Continental AG
  • DENSO CORPORATION
  • Johnson Electric Holdings Limited
  • Mitsuba Corporation
  • MABUCHI MOTOR CO., LTD.
  • Nidec Corporation
  • Robert Bosch GmbH
  • Siemens AG
  • VALEO
  • Inteva Products, LLC
  • Magna International Inc
  • Marelli Europe S.P.A.
  • Aptiv PLC
  • Buhler Motor
  • Meritor, Inc.
  • PST Electronics Ltd
  • U-SHIN ltd.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/6187 

Similar Reports We Have on Automotive Industry Research:

E-Axle Market by Drive Type (Forward Wheel Drive, Rear Wheel Drive, and All-wheel Drive), Component (Combining Motors, Power Electronics, Transmission, and Others), and Vehicle Type (ICE Vehicle (Passenger & Commercial Vehicles), and Electric Vehicles): Global Opportunity Analysis and Industry Forecast, 2018–2025.

Railway Traction Motor Market by Type (Direct Current Traction Motors, Alternating Current Traction Motors, and Synchronous Alternating Current Traction Motor) and by Application (Diesel Locomotive, Electric Multiple Units, Electric Locomotives, and Diesel Electric Locomotives) – Global Opportunities Analysis and Industry Forecast, 2017-2025.

Traction Motor Market by Application (Railways, Electric Vehicle and Industrial Vehicles), Type (DC Traction Motor, AC Traction Motor and Synchronous Motor) and Power Rating (Less than 200 kW, 200-400 kW and More than 400 kW): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous AC Motor, and Induction AC Motor), and Direct Current (DC) Motor (Brushed DC Motor, Brushless DC Motor, and Hermetic Motor) and Vehicle Type (Two-wheelers, Commercial Vehicles, and Passenger Cars) – Global Opportunity Analysis and Industry Forecast, 2021-2027.

Hub Motor Market by Product (Pedelecs, Throttle on Demand, and Scooter or Motorcycle), Sales Channel (OEM and Aftermarket), and Position (Front Hub Motor and Rear Hub Motor): Global Opportunity Analysis and Industry Forecast, 2019–2026.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

Automotive Motors Market to Garner $36.66 Bn, Globally, by 2027 at 6.5% CAGR: Allied Market Research

Surge in demand for safety and convenience-related features, high demand for electric vehicles, and stringent safety regulations of governments drive the growth of the global automotive motors market.

PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Motors Market by Type (DC brushed motors, Brushless DC motors,…

Surge in demand for safety and convenience-related features, high demand for electric vehicles, and stringent safety regulations of governments drive the growth of the global automotive motors market.

PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Motors Market by Type (DC brushed motors, Brushless DC motors, Stepper motors, and Traction motors), Vehicle Type (Two-wheelers, Electric Two-wheelers, Passenger cars, Light commercial vehicles (LCVs), Heavy commercial vehicles (HCVs), BEV, PHEV, and HEV), Function (Performance, Comfort & Convenience, and Safety & Security), Technology (PWM, DTC, and others), and by Application (Alternator, ETC, Electric parking break, Sun roof motor, Fuel pump motor, ECM, Wiper motor, Engine cooling fan, HVAC, VVT, EGR, Starter motor, Anti-lock brake system, EPS, PLG, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global automotive motors industry was estimated at $28.72 billion in 2019, and is anticipated to hit $36.66 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.

Allied_Market_Research_Logo

Download Report (488 Pages Research) Sample at https://www.alliedmarketresearch.com/request-sample/6187

Drivers, restraints, and opportunities-

High demand for safety and convenient features, increase in demand of electric vehicles, and strict safety regulations set by government fuel the growth of the global automotive motors market. On the other hand, decrease in global vehicle production and surge in trend of shared mobility impede the growth to some extent. However, the concept of autonomous cars is expected to pave the way for lucrative opportunities in the industry.

Covid-19 scenario-

  • The outbreak of the pandemic led to huge disruption in the manufacturing units across the world. Also, the unavailability of skilled labor impacted the global automotive motors market negatively.
  • However, as the lockdown has slackened off in most of the countries, the market is expected to recuperate soon.

Get detailed COVID-19 impact analysis on the Automotive Motors Market Request Here

The passenger cars segment to retain its dominance by 2027-

Based on vehicle type, the passenger cars segment contributed to more than half of the global automotive motors market share in 2019, and is expected to rule the roost by the end of 2027.  Increase in disposable income in countries such as India and China propel the growth of the segment. The BEV segment, on the other hand, would grow at the fastest CAGR of 17.1% throughout the forecast period. BEVs are cheaper to run and maintain. They also help reduce greenhouse gas emissions. These factors drive the segment growth.

The comfort & convenience segment to rule the roost-

Based on function, the comfort & convenience segment accounted for more than half of the global automotive motors market revenue in 2019, and is anticipated to dominate by 2027. Increase in disposable income of people and rise in awareness toward safety, security, & convenience features of vehicles drive the growth of the segment. Simultaneously, the safety & security segment would manifest the fastest CAGR of 9.5% during the forecast period. High demand for safety & security features and stringent safety regulations set by governments for the automotive industry drive the segment growth.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/6187

Asia-Pacific, followed by Europe and North America, held the major share in 2019-

Based on region, Asia-Pacific, followed by Europe and North America, held the major share in 2019, generating nearly three-fifths of the global automotive motors market, owing to increase in demand for advanced vehicles among citizens and development of IoT in the automobile segment. At the same time, the market across LAMEA would portray the fastest CAGR of 8.9% from 2020 to 2027. Factors such as growth in IoT, rise in demand for advanced technologies in automotive, and increase in safety & security of vehicles, drive the market in the region.

Frontrunners in the industry-

  • BorgWarner Inc.
  • Continental AG
  • DENSO CORPORATION
  • Johnson Electric Holdings Limited
  • Mitsuba Corporation
  • MABUCHI MOTOR CO., LTD.
  • Nidec Corporation
  • Robert Bosch GmbH
  • Siemens AG
  • VALEO
  • Inteva Products, LLC
  • Magna International Inc
  • Marelli Europe S.P.A.
  • Aptiv PLC
  • Buhler Motor
  • Meritor, Inc.
  • PST Electronics Ltd
  • U-SHIN ltd.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/6187 

Similar Reports We Have on Automotive Industry Research:

E-Axle Market by Drive Type (Forward Wheel Drive, Rear Wheel Drive, and All-wheel Drive), Component (Combining Motors, Power Electronics, Transmission, and Others), and Vehicle Type (ICE Vehicle (Passenger & Commercial Vehicles), and Electric Vehicles): Global Opportunity Analysis and Industry Forecast, 2018–2025.

Railway Traction Motor Market by Type (Direct Current Traction Motors, Alternating Current Traction Motors, and Synchronous Alternating Current Traction Motor) and by Application (Diesel Locomotive, Electric Multiple Units, Electric Locomotives, and Diesel Electric Locomotives) – Global Opportunities Analysis and Industry Forecast, 2017-2025.

Traction Motor Market by Application (Railways, Electric Vehicle and Industrial Vehicles), Type (DC Traction Motor, AC Traction Motor and Synchronous Motor) and Power Rating (Less than 200 kW, 200-400 kW and More than 400 kW): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous AC Motor, and Induction AC Motor), and Direct Current (DC) Motor (Brushed DC Motor, Brushless DC Motor, and Hermetic Motor) and Vehicle Type (Two-wheelers, Commercial Vehicles, and Passenger Cars) – Global Opportunity Analysis and Industry Forecast, 2021-2027.

Hub Motor Market by Product (Pedelecs, Throttle on Demand, and Scooter or Motorcycle), Sales Channel (OEM and Aftermarket), and Position (Front Hub Motor and Rear Hub Motor): Global Opportunity Analysis and Industry Forecast, 2019–2026.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

Automotive Motors Market to Garner $36.66 Bn, Globally, by 2027 at 6.5% CAGR: Allied Market Research

PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Motors Market by Type (DC brushed motors, Brushless DC motors, Stepper motors, and Traction motors), Vehicle Type (Two-wheelers, Electric Two-wheelers, Passenger cars, Light commercial vehicles (LCVs), Heavy commercial vehicles (HCVs), BEV, PHEV, and HEV), Function (Performance,…

PORTLAND, Ore., Feb. 9, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Motors Market by Type (DC brushed motors, Brushless DC motors, Stepper motors, and Traction motors), Vehicle Type (Two-wheelers, Electric Two-wheelers, Passenger cars, Light commercial vehicles (LCVs), Heavy commercial vehicles (HCVs), BEV, PHEV, and HEV), Function (Performance, Comfort & Convenience, and Safety & Security), Technology (PWM, DTC, and others), and by Application (Alternator, ETC, Electric parking break, Sun roof motor, Fuel pump motor, ECM, Wiper motor, Engine cooling fan, HVAC, VVT, EGR, Starter motor, Anti-lock brake system, EPS, PLG, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global automotive motors industry was estimated at $28.72 billion in 2019, and is anticipated to hit $36.66 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.

Allied_Market_Research_Logo

Download Report (488 Pages Research) Sample at https://www.alliedmarketresearch.com/request-sample/6187

Drivers, restraints, and opportunities-

High demand for safety and convenient features, increase in demand of electric vehicles, and strict safety regulations set by government fuel the growth of the global automotive motors market. On the other hand, decrease in global vehicle production and surge in trend of shared mobility impede the growth to some extent. However, the concept of autonomous cars is expected to pave the way for lucrative opportunities in the industry.

Covid-19 scenario-

  • The outbreak of the pandemic led to huge disruption in the manufacturing units across the world. Also, the unavailability of skilled labor impacted the global automotive motors market negatively.
  • However, as the lockdown has slackened off in most of the countries, the market is expected to recuperate soon.

Get detailed COVID-19 impact analysis on the Automotive Motors Market Request Here

The passenger cars segment to retain its dominance by 2027-

Based on vehicle type, the passenger cars segment contributed to more than half of the global automotive motors market share in 2019, and is expected to rule the roost by the end of 2027.  Increase in disposable income in countries such as India and China propel the growth of the segment. The BEV segment, on the other hand, would grow at the fastest CAGR of 17.1% throughout the forecast period. BEVs are cheaper to run and maintain. They also help reduce greenhouse gas emissions. These factors drive the segment growth.

The comfort & convenience segment to rule the roost-

Based on function, the comfort & convenience segment accounted for more than half of the global automotive motors market revenue in 2019, and is anticipated to dominate by 2027. Increase in disposable income of people and rise in awareness toward safety, security, & convenience features of vehicles drive the growth of the segment. Simultaneously, the safety & security segment would manifest the fastest CAGR of 9.5% during the forecast period. High demand for safety & security features and stringent safety regulations set by governments for the automotive industry drive the segment growth.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/6187

Asia-Pacific, followed by Europe and North America, held the major share in 2019-

Based on region, Asia-Pacific, followed by Europe and North America, held the major share in 2019, generating nearly three-fifths of the global automotive motors market, owing to increase in demand for advanced vehicles among citizens and development of IoT in the automobile segment. At the same time, the market across LAMEA would portray the fastest CAGR of 8.9% from 2020 to 2027. Factors such as growth in IoT, rise in demand for advanced technologies in automotive, and increase in safety & security of vehicles, drive the market in the region.

Frontrunners in the industry-

  • BorgWarner Inc.
  • Continental AG
  • DENSO CORPORATION
  • Johnson Electric Holdings Limited
  • Mitsuba Corporation
  • MABUCHI MOTOR CO., LTD.
  • Nidec Corporation
  • Robert Bosch GmbH
  • Siemens AG
  • VALEO
  • Inteva Products, LLC
  • Magna International Inc
  • Marelli Europe S.P.A.
  • Aptiv PLC
  • Buhler Motor
  • Meritor, Inc.
  • PST Electronics Ltd
  • U-SHIN ltd.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/6187 

Similar Reports We Have on Automotive Industry Research:

E-Axle Market by Drive Type (Forward Wheel Drive, Rear Wheel Drive, and All-wheel Drive), Component (Combining Motors, Power Electronics, Transmission, and Others), and Vehicle Type (ICE Vehicle (Passenger & Commercial Vehicles), and Electric Vehicles): Global Opportunity Analysis and Industry Forecast, 2018–2025.

Railway Traction Motor Market by Type (Direct Current Traction Motors, Alternating Current Traction Motors, and Synchronous Alternating Current Traction Motor) and by Application (Diesel Locomotive, Electric Multiple Units, Electric Locomotives, and Diesel Electric Locomotives) – Global Opportunities Analysis and Industry Forecast, 2017-2025.

Traction Motor Market by Application (Railways, Electric Vehicle and Industrial Vehicles), Type (DC Traction Motor, AC Traction Motor and Synchronous Motor) and Power Rating (Less than 200 kW, 200-400 kW and More than 400 kW): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous AC Motor, and Induction AC Motor), and Direct Current (DC) Motor (Brushed DC Motor, Brushless DC Motor, and Hermetic Motor) and Vehicle Type (Two-wheelers, Commercial Vehicles, and Passenger Cars) – Global Opportunity Analysis and Industry Forecast, 2021-2027.

Hub Motor Market by Product (Pedelecs, Throttle on Demand, and Scooter or Motorcycle), Sales Channel (OEM and Aftermarket), and Position (Front Hub Motor and Rear Hub Motor): Global Opportunity Analysis and Industry Forecast, 2019–2026.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

 

Cision View original content:http://www.prnewswire.com/news-releases/automotive-motors-market-to-garner-36-66-bn-globally-by-2027-at-6-5-cagr-allied-market-research-301224716.html

SOURCE Allied Market Research

Almond Board Provides Seed Grants to Support Pollinator Health and Biodiversity

MODESTO, Calif., Feb. 9, 2021 /PRNewswire/ — Honey bees and native pollinators will find more forage in California’s almond orchards this spring as a result of the almond community’s five-point

MODESTO, Calif., Feb. 9, 2021 /PRNewswire/ — Honey bees and native pollinators will find more forage in California’s almond orchards this spring as a result of the almond community’s five-point Pollinator Protection Plan. Announced one year ago by the Almond Board of California (ABC), this plan expands the industry’s long-standing commitment to researching, protecting and improving bee health.

One of the five tenets of the Pollinator Protection Plan – increasing floral diversity on farm – led the Almond Board to create and fund the Bee+ Scholarship program which provides grants to farmers to help offset the cost of planting forage and habitat in and around their orchards. This effort led to 135 new almond farmers joining Project Apis m.’s Seeds for Bees program and added pollinator habitat to 14,778 acres of almond orchards, a 22% increase to the footprint of almond pollinator habitat in the last year.

Another component of the Bee+ Scholarship encouraged farmer participation in Pollinator Partnership’s Bee Friendly Farming program. To date, 54,202 acres of almonds have been Bee Friendly certified, meaning farmers are actively protecting pollinator populations by implementing positive, incremental changes on-farm.

«As a partnership designed by nature, almonds take our responsibility for honey bee health seriously,» said Josette Lewis, PhD, chief scientific officer for the Almond Board. «Through these efforts, we diversify and expand the nutritious forage that honey bees find in almond orchards each year while extending our efforts outside the orchard to benefit native pollinators too.»

Ben King, a fourth-generation almond farmer based in Colusa, Calif., has planted cover crops on his farm for more than five years. «It comes out of a love for bees,» King said, «and recognizing the importance of taking what nature gives you and acting as a steward.»

As almonds are the first commercial crop in North America to bloom, King notes that «almond orchards are the first stop for the honey bees, and the trees’ pollen is their first major source of nutrition. As a result, hives regularly leave stronger as they move on to pollinate other crops across the country, an effect amplified with the addition of more floral biodiversity via cover crops.»

By investing in blooming cover crops, King has not only seen a benefit to pollinators, but also to the overall health of his orchard, especially as it relates to soil. «Soil is the foundation of farming and by planting pollinator habitat you are creating a healthy ecosystem,» notes King. Cover crops also provide positive impacts on carbon sequestration and can improve the amount of moisture that can be stored in the soil.

«It’s clear this is the path forward,» King said. «But there is a long-term investment associated with making these changes. Luckily, the Almond Board is progressive and supports these initiatives on farmers’ behalf.»

In 2020, ABC invested more than $750,000 in activities that directly benefit pollinator health. This included $300,000 in incentives and technical assistance to expand pollinator forage and habitat on-farm. ABC will continue to invest in providing tools and options to farmers to continue expanding pollinator habitat in 2021.

Bolstering these efforts, ABC and the University of California, Davis have partnered to publish a cover crop management guide for almond farmers. The culmination of years of research on the management and benefits of cover crops for both pollinators and soil health, this practical guide will be released this summer and drive adoption of a practice which promotes biodiversity and carbon sequestration.

This work builds upon a longstanding commitment to pollinator health. Since 1995, the California almond community has supported 126 research projects – more than any other crop group – to address the five major factors impacting honey bee health, including varroa mites, pest and disease management, lack of genetic diversity, pesticide exposure, and access to forage and nutrition.

To learn more about the mutually beneficial relationship between almonds and bees, along with the California almond community’s commitment to protecting pollinators, visit Almonds.com/Bees.

About the Almond Board of California
California almonds make life better by what we grow and how we grow. The Almond Board of California promotes natural, wholesome and quality almonds through leadership in strategic market development, innovative research, and accelerated adoption of industry best practices on behalf of the more than 7,600 almond farmers and processors in California, most of whom are multi-generational family operations. Established in 1950 and based in Modesto, California, the Almond Board of California is a non-profit organization that administers a grower-enacted Federal Marketing Order under the supervision of the United States Department of Agriculture. For more information on the Almond Board of California or almonds, visit Almonds.com or check out California Almonds on FacebookTwitterPinterestInstagram and the Almond Living Magazine.

Contact:
Hannalea Resnik
hannalea.resnik@porternovelli.com
(212) 601-8217

 

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SOURCE Almond Board of California

Marriott International Expects To More Than Double All-Inclusive Portfolio In An Agreement With Sunwing Travel Group

BETHESDA, Md., Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is…

BETHESDA, Md., Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is expected to propel Marriott into the list of top 10 global all-inclusive players by adding 19 franchised resorts totaling nearly 7,000 rooms across six destinations and more than doubling the company’s presence in the all-inclusive segment to 33 properties by 2025. The majority of the properties are expected to be converted into Marriott’s Autograph Collection by mid 2021.

«We are thrilled to work with Sunwing Travel Group and expand into two new leisure destinations – St. Lucia and Antigua,» said Tony Capuano, Group President, Global Development, Design and Operations Services, Marriott International. «Blue Diamond’s expertise in the all-inclusive segment and high-quality resorts will help ensure that these properties serve as excellent additions to the Marriott portfolio. Today’s signing is a testament to Marriott International’s scale and loyalty platform, and we look forward to providing travelers seeking an all-inclusive experience with more choices in the Caribbean and Latin America

Marriott International launched its multi-brand all-inclusive portfolio platform in August 2019 and has 9 open hotels across Costa Rica, Barbados and Mexico with an additional 5 hotels in the pipeline in Mexico, Curacao, Dominican Republic, Jamaica and Brazil. With today’s agreement, another 19 are expected to join the portfolio. The platform will provide the company’s 145 million Marriott Bonvoy members the option to earn and redeem points for the convenient, pay-one-price concept.

«We are excited to enter into this agreement with Marriott International, and introduce Blue Diamond Resorts’ portfolio of hotels to their Autograph Collection brand,» said Stephen Hunter, CEO, Sunwing Travel Group. «Our luxurious, award-winning hotels will benefit from Marriott’s world-renowned reputation and esteemed travel program, all while bolstering our mission to bring unparalleled vacation experiences to customers.»

The following resorts are anticipated to convert to the Autograph Collection:

Mexico

  • 840-room Royalton Riviera Cancun Resort & Spa
  • 343-room Hideaway at Royalton Riviera Cancun
  • 566-room Planet Hollywood Beach Resort Cancun
  • 332-room Planet Hollywood Adults Scene Cancun
  • 457-room Royalton CHIC Suites Cancun Resort & Spa

Dominican Republic

  • 730-room Royalton Bavaro Resort & Spa
  • 320-room Royalton CHIC Punta Cana Resort & Spa
  • 525-room Royalton Splash Punta Cana Resort & Spa
  • 317-room Royalton Punta Cana Resort & Casino
  • 168-room Hideaway at Royalton Punta Cana

Jamaica

  • 352-room Royalton White Sands Montego Bay
  • 228-room Royalton Blue Waters Montego Bay
  • 140-room Hideaway at Royalton Negril
  • 407-room Royalton Negril Resort & Spa

St. Lucia

  • 290-room Royalton Saint Lucia Resort & Spa
  • 166-room Hideaway at Royalton Saint Lucia

Antigua 

  • 294-room Royalton Antigua Resort & Spa

Costa Rica

  • 294-room Planet Hollywood Beach Resort Costa Rica

Multi-Brand All-Inclusive Portfolio
Given growing demand for premium and luxury all-inclusive stays, Marriott International previously announced it would leverage eight of its 30 global iconic brands in the all-inclusive category: The Ritz-Carlton, The Luxury Collection, Marriott Hotels, Westin Hotels, W Hotels, Autograph Collection, Tribute Portfolio and Delta Hotels by Marriott. Today’s agreement reflects the addition of 19 resorts into Marriott International’s Autograph Collection, a curated collection of remarkably independent hotels hand-selected for their inherent craft and distinct perspectives on design and hospitality. Guests will revel in an elevated all-inclusive leisure vacation experience with a unique design aesthetic, enriching programs and redesigned dynamic dining options, along with enhanced spa and wellness offerings.

Marriott Commitment to Clean Protocols
Hotels in the Marriott portfolio are following Marriott International’s Commitment to Clean protocols created together with leading experts in food and water safety, hygiene and infection prevention and hotel operations. These protocols include mandated mask-wearing for all associates within the hotel, and the use of electrostatic sprayers and disinfectants recommended by the Centers for Disease Control and Prevention and World Health Organization to sanitize surfaces in the hotels. In addition, the company has modified its food and beverage operational practices creating a newly designed approach to buffets and in-room dining. Measures include but are not limited to contactless and low-touch service, digital menus, pre-plated mini buffet options and a hybrid buffet with elements of self-guided service around individually plated or packaged selections. 

Note on forward-looking statements: This press release contains «forward-looking statements» within the meaning of U.S. federal securities laws, including expected additions to Marriott’s system, hotel renovations and brand conversions, our growth pipeline, demand trends for certain product types and in certain markets, and similar statements concerning possible future events or expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those we identify below and other risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Quarterly Report on Form 10-Q. Risks that could affect forward-looking statements in this press release include the duration and scope of COVID-19, including the location and extent of resurgences of the virus and the availability of effective treatments or vaccines; its short and longer-term impact on the demand for travel, transient and group business, and levels of consumer confidence; actions governments, businesses and individuals have taken or may take in response to the pandemic, including limiting or banning travel and/or in-person gatherings or imposing occupancy or other restrictions on lodging or other facilities; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies, travel, and economic activity, including the duration and magnitude of COVID-19’s impact on unemployment rates and consumer discretionary spending; the ability of our owners and franchisees to successfully navigate the impacts of COVID-19; the pace of recovery when the pandemic subsides or effective treatments or vaccines become available; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps we and our property owners and franchisees take to reduce operating costs and/or enhance certain health and cleanliness protocols at our hotels; competitive conditions in the lodging industry; relationships with clients and property owners; and the availability of capital to finance growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,500 properties under 30 leading brands spanning 132 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

About Sunwing Travel Group
The largest integrated travel company in North America, Sunwing Travel Group is comprised of Sunwing Vacations and Vacation Express, two of the leading leisure tour operators in North America; Sunwing Airlines, Canada’s premier leisure airline; SunwingJets, a luxury private jet charter service; SellOffVacations.com and Luxe Destination Weddings, two leading travel retail businesses; NexusTours, a full-service destination management company; and Blue Diamond Resorts, the Group’s hotel management company, an innovative organization that operates popular resort brands across the Caribbean and Mexico. Since its inception in 2011, Blue Diamond Resorts has curated an impressive portfolio encompassing 45 properties, exceeding 15,000 rooms in ten countries, including the award-winning All-In Luxury® Royalton Luxury Resorts, adults-only brands Hideaway at Royalton and Royalton CHIC, Planet Hollywood Hotels and Resorts, and Mystique by Royalton. For more information on Sunwing Travel Group, please visit www.sunwingtravelgroup.com.

Contact:
Felicia Arguello
farguello@jeffreygroup.com

Photo – https://mma.prnewswire.com/media/1435278/Royalton_Antigua_Aerial__1.jpg
Logo – https://mma.prnewswire.com/media/1435277/Marriott_International_Logo.jpg

SOURCE Marriott International

Marriott International espera duplicar su portafolio de hoteles todo incluido en un acuerdo con Sunwing Travel Group

BETHESDA, Md., 9 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Marriott International, Inc. (NASDAQ: MAR) hoy anunció una importante expansión de su portafolio de todo incluido mediante un acuerdo a largo plazo con la división hotelera de Sunwing Travel Group, Blue Diamond Resorts, que cuenta con un amplio portafolio de propiedades de resorts en todo el Caribe, Centroamérica y México. Se espera que el acuerdo sitúe a Marriott en la lista de los 10 principales actores mundiales de hoteles todo incluido, añadiendo 19…

BETHESDA, Md., 9 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Marriott International, Inc. (NASDAQ: MAR) hoy anunció una importante expansión de su portafolio de todo incluido mediante un acuerdo a largo plazo con la división hotelera de Sunwing Travel Group, Blue Diamond Resorts, que cuenta con un amplio portafolio de propiedades de resorts en todo el Caribe, Centroamérica y México. Se espera que el acuerdo sitúe a Marriott en la lista de los 10 principales actores mundiales de hoteles todo incluido, añadiendo 19 resorts franquiciados que suman casi 7.000 habitaciones en seis destinos y duplicando la presencia de la empresa en el segmento todo incluido para llegar a 33 propiedades en 2025. Se espera que la mayoría de las propiedades se conviertan en Autograph Collection de Marriott a mediados de 2021.

«Estamos encantados de trabajar con Sunwing Travel Group y expandirnos a dos nuevos destinos: Santa Lucía y Antigua«, dijo Tony Capuano, Presidente del Grupo, Servicios de Desarrollo, Diseño y Operaciones Globales de Marriott International. «La pericia de Blue Diamond en el segmento todo incluido y la alta calidad de los resorts ayudarán a garantizar que estas propiedades sean excelentes adiciones al portafolio del Marriott. La firma de hoy es fiel testimonio de la escala y gran plataforma de lealtad de Marriott International, y esperamos ofrecerles a los viajeros que buscan una experiencia de todo incluido más opciones en el Caribe y Latinoamérica».

Marriott International lanzó su plataforma de portafolio multimarca de todo incluido en agosto de 2019 y tiene 9 hoteles abiertos a lo largo de Costa Rica, Barbados y México, con 5 hoteles previstos en México, Curazao, República Dominicana y Jamaica. Con el acuerdo de hoy se espera que otros 19 se unan al portafolio. La plataforma proporcionará a los 145 millones de socios de Marriott Bonvoy la opción de ganar y redimir puntos por el práctico concepto de pay-one-price (o pagar un precio).

«Estamos muy contentos de celebrar este acuerdo con Marriott International, e introducir el portafolio de hoteles de Blue Diamond Resorts en su marca Autograph Collection», dijo Stephen Hunter, Director General de Sunwing Travel Group. «Nuestros lujosos y galardonados hoteles se beneficiarán de la reputación mundialmente reconocida de Marriott y de su apreciado programa de viajes, todo ello reforzando nuestra misión de ofrecer experiencias vacacionales inigualables a los clientes».

Se prevé que los siguientes resorts se conviertan en Autograph Collection:

México

  • Royalton Riviera Cancún Resort & Spa de 840 habitaciones  
  • Hideaway at Royalton Riviera Cancún de 343 habitaciones
  • Planet Hollywood Beach Resort Cancún de 566 habitaciones
  • Planet Hollywood Adults Scene Cancún de 332 habitaciones
  • Royalton CHIC Suites Cancún Resort & Spa de 457 habitaciones  

República Dominicana

  • Royalton Bávaro Resort & Spa de 730 habitaciones
  • Royalton CHIC Punta Cana Resort & Spa de 320 habitaciones
  • Royalton Splash Punta Cana Resort & Spa de 525 habitaciones
  • Royalton Punta Cana Resort & Casino de 317 habitaciones
  • Hideaway at Royalton Punta Cana de 168 habitaciones  

Jamaica

  • Royalton White Sands Montego Bay de 352 habitaciones
  • Royalton Blue Waters Montego Bay de 228 habitaciones
  • Hideaway at Royalton Negril de 140 habitaciones
  • Royalton Negril Resort & Spa de 407 habitaciones

Santa Lucía

  • Royalton Saint Lucia Resort & Spa de 290 habitaciones
  • Hideaway at Royalton Saint Lucia de 166 habitaciones  

Antigua 

  • Royalton Antigua Resort & Spa de 294 habitaciones

Costa Rica

  • Planet Hollywood Beach Resort Costa Rica de 294 habitaciones

Portafolio Multimarca de Todo Incluido
Dada la creciente demanda de estadías de calidad superior y de lujo con todo incluido, Marriott International anunció previamente que aprovechará ocho de sus 30 marcas icónicas globales en la categoría de todo incluido: The Ritz-Carlton, The Luxury Collection, Marriott Hotels, Westin Hotels, W Hotels, Autograph Collection, Tribute Portfolio y Delta Hotels by Marriott. El acuerdo de hoy refleja la incorporación de 19 resorts al Autograph Collection de Marriott International, una colección de hoteles notablemente independientes seleccionados a mano por su artesanía inherente y sus distintas perspectivas de diseño y hospitalidad. Los huéspedes disfrutarán de una experiencia vacacional elevada con todo incluido, con una estética de diseño única, programas enriquecedores y opciones gastronómicas dinámicas rediseñadas, junto con ofertas de spa y bienestar mejoradas.

El Compromiso del Marriott con los Protocolos de Limpieza
Los hoteles del portafolio de Marriott siguen los protocolos de Compromiso con la Limpieza de Marriott International, creados junto con los principales expertos en seguridad alimentaria y del agua, higiene y prevención de infecciones y operaciones hoteleras. Estos protocolos incluyen el uso obligatorio de tapabocas para todos los asociados del hotel y el uso de pulverizadores electrostáticos y desinfectantes recomendados por los Centros para el Control y la Prevención de Enfermedades y la Organización Mundial de la Salud para desinfectar las superficies de los hoteles. Además, la empresa ha modificado sus prácticas operativas en cuanto a alimentos y bebidas, creando un sistema diseñado para los bufés y las comidas en las habitaciones. Las medidas incluyen, pero no se limitan a, un servicio sin contacto y de bajo contacto, los menús digitales, las opciones de mini-bufé con platos listos para servir y un bufé híbrido con elementos de servicio autoguiado en torno a opciones de platos servidos a la mesa o empaquetados individualmente.

Nota sobre declaraciones prospectivas: Este comunicado de prensa contiene «declaraciones prospectivas» en el sentido de las leyes federales de valores de Estados Unidos, incluyendo las incorporaciones previstas al sistema de Marriott, las renovaciones de hoteles y las conversiones de marca, nuestra proyección de crecimiento, las tendencias de la demanda para determinados tipos de productos y en determinados mercados, y declaraciones similares relativas a posibles eventos o expectativas futuras que no son hechos históricos. Le advertimos que estas declaraciones no son garantías de rendimientos futuros y están sujetas a numerosos riesgos e incertidumbres en evolución que no podemos predecir o evaluar con precisión, incluyendo los que identificamos a continuación y otros factores de riesgo que identificamos en nuestras presentaciones ante la Comisión de Bolsa y Valores de EE.UU., incluyendo nuestro informe trimestral más reciente en el formulario 10-Q. Los riesgos que podrían afectar las declaraciones prospectivas contenidas en el presente comunicado de prensa incluyen la duración y el alcance de COVID-19, incluyendo la ubicación y el alcance de los resurgimientos del virus y la disponibilidad de tratamientos o vacunas eficaces; su impacto a corto y largo plazo en la demanda de viajes, negocios transitorios y de grupos, y los niveles de confianza de los consumidores; las medidas que los gobiernos, las empresas y los individuos han adoptado o puedan adoptar en respuesta a la pandemia, incluyendo la limitación o la prohibición de los viajes y/o las reuniones en persona o la imposición de restricciones de ocupación u otro tipo de restricciones sobre el alojamiento u otras instalaciones; el impacto de la pandemia y de las medidas adoptadas en respuesta a la pandemia en las economías mundiales y regionales, los viajes y la actividad económica, incluyendo la duración y la magnitud del impacto de COVID-19 en las tasas de desempleo y el gasto discrecional de los consumidores; la capacidad de nuestros propietarios y franquiciados para manejar con éxito los efectos de COVID-19; el ritmo de recuperación cuando la pandemia se aminore o se disponga de tratamientos o vacunas eficaces; la incertidumbre económica general en los principales mercados mundiales y el empeoramiento de las condiciones económicas mundiales o los bajos niveles de crecimiento económico; los efectos de las medidas que nosotros y nuestros propietarios y franquiciados adoptemos para reducir los costos de operación y/o mejorar determinados protocolos de salud y limpieza en nuestros hoteles; las condiciones de la competencia en el sector del alojamiento; las relaciones con los clientes y propietarios; y la disponibilidad de capital para financiar el crecimiento y la modernización. Cualquiera de estos factores podría hacer que los resultados reales difieran materialmente de las expectativas que expresamos o implicamos en el presente comunicado de prensa. Hacemos estas declaraciones prospectivas a partir de la fecha del presente comunicado de prensa y no asumimos ninguna obligación de actualizar o revisar públicamente ninguna declaración prospectiva, ya sea como resultado de nueva información, eventos futuros o de lo contrario.

Acerca de Marriott International
Marriott International, Inc. (NASDAQ: MAR) tiene su sede en Bethesda, Maryland, EE.UU., y abarca un portafolio de más de 7.500 propiedades bajo 30 marcas líderes en 132 países y territorios. Marriott opera y franquicia hoteles y concede licencias de complejos turísticos de propiedad vacacional en todo el mundo. La compañía ofrece Marriott Bonvoy™, su galardonado programa de viajes. Para obtener más información, por favor visite nuestro sitio web www.espanol.marriott.com, y para conocer las últimas noticias de la empresa, visite www.marriottnewscenter.com. Además, conéctese con nosotros en Facebook y @MarriottIntl en Twitter e Instagram.

Acerca de Sunwing Travel Group
La mayor empresa de viajes integrada de Norteamérica, Sunwing Travel Group está compuesta por Sunwing Vacations y Vacation Express, dos de los principales operadores turísticos de ocio de Norteamérica; Sunwing Airlines, la principal aerolínea de ocio de Canadá; SunwingJets, un servicio de chárter de jets privados de lujo; SellOffVacations.com y Luxe Destination Weddings, dos empresas líderes en la venta de viajes al por menor; NexusTours, una empresa de gestión de destinos de servicio completo; y Blue Diamond Resorts, la empresa de gestión hotelera del Grupo, una organización innovadora que opera populares marcas de complejos turísticos en todo el Caribe y México. Desde su creación en 2011, Blue Diamond Resorts ha creado un impresionante portafolio que abarca 45 propiedades, que superan las 15.000 habitaciones en diez países, incluyendo los galardonados All-In Luxury® Royalton Luxury Resorts, las marcas sólo para adultos Hideaway at Royalton y Royalton CHIC, Planet Hollywood Hotels and Resorts y Mystique by Royalton. Para más información sobre Sunwing Travel Group, visite www.sunwingtravelgroup.com.

Contact:
Felicia Arguello
farguello@jeffreygroup.com

Foto – https://mma.prnewswire.com/media/1435278/Royalton_Antigua_Aerial__1.jpg
Logo – https://mma.prnewswire.com/media/1435277/Marriott_International_Logo.jpg

 

FUENTE Marriott International

Marriott International espera duplicar su portafolio de hoteles todo incluido en un acuerdo con Sunwing Travel Group

BETHESDA, Md., 9 de febrero de 2021 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) hoy anunció una importante expansión de su portafolio de todo incluido mediante un acuerdo a largo plazo con la división hotelera de Sunwing Travel Group, Blue Diamond Resorts, que cuenta con un amplio portafolio de propiedades de resorts en todo el Caribe, Centroamérica y México. Se espera que el acuerdo sitúe a Marriott en la lista de los 10 principales actores mundiales de hoteles todo incluido, añadiendo 19 resorts…

BETHESDA, Md., 9 de febrero de 2021 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) hoy anunció una importante expansión de su portafolio de todo incluido mediante un acuerdo a largo plazo con la división hotelera de Sunwing Travel Group, Blue Diamond Resorts, que cuenta con un amplio portafolio de propiedades de resorts en todo el Caribe, Centroamérica y México. Se espera que el acuerdo sitúe a Marriott en la lista de los 10 principales actores mundiales de hoteles todo incluido, añadiendo 19 resorts franquiciados que suman casi 7.000 habitaciones en seis destinos y duplicando la presencia de la empresa en el segmento todo incluido para llegar a 33 propiedades en 2025. Se espera que la mayoría de las propiedades se conviertan en Autograph Collection de Marriott a mediados de 2021.

«Estamos encantados de trabajar con Sunwing Travel Group y expandirnos a dos nuevos destinos: Santa Lucía y Antigua«, dijo Tony Capuano, Presidente del Grupo, Servicios de Desarrollo, Diseño y Operaciones Globales de Marriott International. «La pericia de Blue Diamond en el segmento todo incluido y la alta calidad de los resorts ayudarán a garantizar que estas propiedades sean excelentes adiciones al portafolio del Marriott. La firma de hoy es fiel testimonio de la escala y gran plataforma de lealtad de Marriott International, y esperamos ofrecerles a los viajeros que buscan una experiencia de todo incluido más opciones en el Caribe y Latinoamérica».

Marriott International lanzó su plataforma de portafolio multimarca de todo incluido en agosto de 2019 y tiene 9 hoteles abiertos a lo largo de Costa Rica, Barbados y México, con 5 hoteles previstos en México, Curazao, República Dominicana y Jamaica. Con el acuerdo de hoy se espera que otros 19 se unan al portafolio. La plataforma proporcionará a los 145 millones de socios de Marriott Bonvoy la opción de ganar y redimir puntos por el práctico concepto de pay-one-price (o pagar un precio).

«Estamos muy contentos de celebrar este acuerdo con Marriott International, e introducir el portafolio de hoteles de Blue Diamond Resorts en su marca Autograph Collection», dijo Stephen Hunter, Director General de Sunwing Travel Group. «Nuestros lujosos y galardonados hoteles se beneficiarán de la reputación mundialmente reconocida de Marriott y de su apreciado programa de viajes, todo ello reforzando nuestra misión de ofrecer experiencias vacacionales inigualables a los clientes».

Se prevé que los siguientes resorts se conviertan en Autograph Collection:

México

  • Royalton Riviera Cancún Resort & Spa de 840 habitaciones  
  • Hideaway at Royalton Riviera Cancún de 343 habitaciones
  • Planet Hollywood Beach Resort Cancún de 566 habitaciones
  • Planet Hollywood Adults Scene Cancún de 332 habitaciones
  • Royalton CHIC Suites Cancún Resort & Spa de 457 habitaciones  

República Dominicana

  • Royalton Bávaro Resort & Spa de 730 habitaciones
  • Royalton CHIC Punta Cana Resort & Spa de 320 habitaciones
  • Royalton Splash Punta Cana Resort & Spa de 525 habitaciones
  • Royalton Punta Cana Resort & Casino de 317 habitaciones
  • Hideaway at Royalton Punta Cana de 168 habitaciones  

Jamaica

  • Royalton White Sands Montego Bay de 352 habitaciones
  • Royalton Blue Waters Montego Bay de 228 habitaciones
  • Hideaway at Royalton Negril de 140 habitaciones
  • Royalton Negril Resort & Spa de 407 habitaciones

Santa Lucía

  • Royalton Saint Lucia Resort & Spa de 290 habitaciones
  • Hideaway at Royalton Saint Lucia de 166 habitaciones  

Antigua 

  • Royalton Antigua Resort & Spa de 294 habitaciones

Costa Rica

  • Planet Hollywood Beach Resort Costa Rica de 294 habitaciones

Portafolio Multimarca de Todo Incluido
Dada la creciente demanda de estadías de calidad superior y de lujo con todo incluido, Marriott International anunció previamente que aprovechará ocho de sus 30 marcas icónicas globales en la categoría de todo incluido: The Ritz-Carlton, The Luxury Collection, Marriott Hotels, Westin Hotels, W Hotels, Autograph Collection, Tribute Portfolio y Delta Hotels by Marriott. El acuerdo de hoy refleja la incorporación de 19 resorts al Autograph Collection de Marriott International, una colección de hoteles notablemente independientes seleccionados a mano por su artesanía inherente y sus distintas perspectivas de diseño y hospitalidad. Los huéspedes disfrutarán de una experiencia vacacional elevada con todo incluido, con una estética de diseño única, programas enriquecedores y opciones gastronómicas dinámicas rediseñadas, junto con ofertas de spa y bienestar mejoradas.

El Compromiso del Marriott con los Protocolos de Limpieza
Los hoteles del portafolio de Marriott siguen los protocolos de Compromiso con la Limpieza de Marriott International, creados junto con los principales expertos en seguridad alimentaria y del agua, higiene y prevención de infecciones y operaciones hoteleras. Estos protocolos incluyen el uso obligatorio de tapabocas para todos los asociados del hotel y el uso de pulverizadores electrostáticos y desinfectantes recomendados por los Centros para el Control y la Prevención de Enfermedades y la Organización Mundial de la Salud para desinfectar las superficies de los hoteles. Además, la empresa ha modificado sus prácticas operativas en cuanto a alimentos y bebidas, creando un sistema diseñado para los bufés y las comidas en las habitaciones. Las medidas incluyen, pero no se limitan a, un servicio sin contacto y de bajo contacto, los menús digitales, las opciones de mini-bufé con platos listos para servir y un bufé híbrido con elementos de servicio autoguiado en torno a opciones de platos servidos a la mesa o empaquetados individualmente.

Nota sobre declaraciones prospectivas: Este comunicado de prensa contiene «declaraciones prospectivas» en el sentido de las leyes federales de valores de Estados Unidos, incluyendo las incorporaciones previstas al sistema de Marriott, las renovaciones de hoteles y las conversiones de marca, nuestra proyección de crecimiento, las tendencias de la demanda para determinados tipos de productos y en determinados mercados, y declaraciones similares relativas a posibles eventos o expectativas futuras que no son hechos históricos. Le advertimos que estas declaraciones no son garantías de rendimientos futuros y están sujetas a numerosos riesgos e incertidumbres en evolución que no podemos predecir o evaluar con precisión, incluyendo los que identificamos a continuación y otros factores de riesgo que identificamos en nuestras presentaciones ante la Comisión de Bolsa y Valores de EE.UU., incluyendo nuestro informe trimestral más reciente en el formulario 10-Q. Los riesgos que podrían afectar las declaraciones prospectivas contenidas en el presente comunicado de prensa incluyen la duración y el alcance de COVID-19, incluyendo la ubicación y el alcance de los resurgimientos del virus y la disponibilidad de tratamientos o vacunas eficaces; su impacto a corto y largo plazo en la demanda de viajes, negocios transitorios y de grupos, y los niveles de confianza de los consumidores; las medidas que los gobiernos, las empresas y los individuos han adoptado o puedan adoptar en respuesta a la pandemia, incluyendo la limitación o la prohibición de los viajes y/o las reuniones en persona o la imposición de restricciones de ocupación u otro tipo de restricciones sobre el alojamiento u otras instalaciones; el impacto de la pandemia y de las medidas adoptadas en respuesta a la pandemia en las economías mundiales y regionales, los viajes y la actividad económica, incluyendo la duración y la magnitud del impacto de COVID-19 en las tasas de desempleo y el gasto discrecional de los consumidores; la capacidad de nuestros propietarios y franquiciados para manejar con éxito los efectos de COVID-19; el ritmo de recuperación cuando la pandemia se aminore o se disponga de tratamientos o vacunas eficaces; la incertidumbre económica general en los principales mercados mundiales y el empeoramiento de las condiciones económicas mundiales o los bajos niveles de crecimiento económico; los efectos de las medidas que nosotros y nuestros propietarios y franquiciados adoptemos para reducir los costos de operación y/o mejorar determinados protocolos de salud y limpieza en nuestros hoteles; las condiciones de la competencia en el sector del alojamiento; las relaciones con los clientes y propietarios; y la disponibilidad de capital para financiar el crecimiento y la modernización. Cualquiera de estos factores podría hacer que los resultados reales difieran materialmente de las expectativas que expresamos o implicamos en el presente comunicado de prensa. Hacemos estas declaraciones prospectivas a partir de la fecha del presente comunicado de prensa y no asumimos ninguna obligación de actualizar o revisar públicamente ninguna declaración prospectiva, ya sea como resultado de nueva información, eventos futuros o de lo contrario.

Acerca de Marriott International
Marriott International, Inc. (NASDAQ: MAR) tiene su sede en Bethesda, Maryland, EE.UU., y abarca un portafolio de más de 7.500 propiedades bajo 30 marcas líderes en 132 países y territorios. Marriott opera y franquicia hoteles y concede licencias de complejos turísticos de propiedad vacacional en todo el mundo. La compañía ofrece Marriott Bonvoy™, su galardonado programa de viajes. Para obtener más información, por favor visite nuestro sitio web www.espanol.marriott.com, y para conocer las últimas noticias de la empresa, visite www.marriottnewscenter.com. Además, conéctese con nosotros en Facebook y @MarriottIntl en Twitter e Instagram.

Acerca de Sunwing Travel Group
La mayor empresa de viajes integrada de Norteamérica, Sunwing Travel Group está compuesta por Sunwing Vacations y Vacation Express, dos de los principales operadores turísticos de ocio de Norteamérica; Sunwing Airlines, la principal aerolínea de ocio de Canadá; SunwingJets, un servicio de chárter de jets privados de lujo; SellOffVacations.com y Luxe Destination Weddings, dos empresas líderes en la venta de viajes al por menor; NexusTours, una empresa de gestión de destinos de servicio completo; y Blue Diamond Resorts, la empresa de gestión hotelera del Grupo, una organización innovadora que opera populares marcas de complejos turísticos en todo el Caribe y México. Desde su creación en 2011, Blue Diamond Resorts ha creado un impresionante portafolio que abarca 45 propiedades, que superan las 15.000 habitaciones en diez países, incluyendo los galardonados All-In Luxury® Royalton Luxury Resorts, las marcas sólo para adultos Hideaway at Royalton y Royalton CHIC, Planet Hollywood Hotels and Resorts y Mystique by Royalton. Para más información sobre Sunwing Travel Group, visite www.sunwingtravelgroup.com.

Contact:
Felicia Arguello
farguello@jeffreygroup.com

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FUENTE Marriott International

Marriott International Expects To More Than Double All-Inclusive Portfolio In An Agreement With Sunwing Travel Group

BETHESDA, Md., Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is…

BETHESDA, Md., Feb. 9, 2021 /PRNewswire-HISPANIC PR WIRE/ — Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico. The agreement is expected to propel Marriott into the list of top 10 global all-inclusive players by adding 19 franchised resorts totaling nearly 7,000 rooms across six destinations and more than doubling the company’s presence in the all-inclusive segment to 33 properties by 2025. The majority of the properties are expected to be converted into Marriott’s Autograph Collection by mid 2021.

«We are thrilled to work with Sunwing Travel Group and expand into two new leisure destinations – St. Lucia and Antigua,» said Tony Capuano, Group President, Global Development, Design and Operations Services, Marriott International. «Blue Diamond’s expertise in the all-inclusive segment and high-quality resorts will help ensure that these properties serve as excellent additions to the Marriott portfolio. Today’s signing is a testament to Marriott International’s scale and loyalty platform, and we look forward to providing travelers seeking an all-inclusive experience with more choices in the Caribbean and Latin America

Marriott International launched its multi-brand all-inclusive portfolio platform in August 2019 and has 9 open hotels across Costa Rica, Barbados and Mexico with an additional 5 hotels in the pipeline in Mexico, Curacao, Dominican Republic, Jamaica and Brazil. With today’s agreement, another 19 are expected to join the portfolio. The platform will provide the company’s 145 million Marriott Bonvoy members the option to earn and redeem points for the convenient, pay-one-price concept.

«We are excited to enter into this agreement with Marriott International, and introduce Blue Diamond Resorts’ portfolio of hotels to their Autograph Collection brand,» said Stephen Hunter, CEO, Sunwing Travel Group. «Our luxurious, award-winning hotels will benefit from Marriott’s world-renowned reputation and esteemed travel program, all while bolstering our mission to bring unparalleled vacation experiences to customers.»

The following resorts are anticipated to convert to the Autograph Collection:

Mexico

  • 840-room Royalton Riviera Cancun Resort & Spa
  • 343-room Hideaway at Royalton Riviera Cancun
  • 566-room Planet Hollywood Beach Resort Cancun
  • 332-room Planet Hollywood Adults Scene Cancun
  • 457-room Royalton CHIC Suites Cancun Resort & Spa

Dominican Republic

  • 730-room Royalton Bavaro Resort & Spa
  • 320-room Royalton CHIC Punta Cana Resort & Spa
  • 525-room Royalton Splash Punta Cana Resort & Spa
  • 317-room Royalton Punta Cana Resort & Casino
  • 168-room Hideaway at Royalton Punta Cana

Jamaica

  • 352-room Royalton White Sands Montego Bay
  • 228-room Royalton Blue Waters Montego Bay
  • 140-room Hideaway at Royalton Negril
  • 407-room Royalton Negril Resort & Spa

St. Lucia

  • 290-room Royalton Saint Lucia Resort & Spa
  • 166-room Hideaway at Royalton Saint Lucia

Antigua 

  • 294-room Royalton Antigua Resort & Spa

Costa Rica

  • 294-room Planet Hollywood Beach Resort Costa Rica

Multi-Brand All-Inclusive Portfolio
Given growing demand for premium and luxury all-inclusive stays, Marriott International previously announced it would leverage eight of its 30 global iconic brands in the all-inclusive category: The Ritz-Carlton, The Luxury Collection, Marriott Hotels, Westin Hotels, W Hotels, Autograph Collection, Tribute Portfolio and Delta Hotels by Marriott. Today’s agreement reflects the addition of 19 resorts into Marriott International’s Autograph Collection, a curated collection of remarkably independent hotels hand-selected for their inherent craft and distinct perspectives on design and hospitality. Guests will revel in an elevated all-inclusive leisure vacation experience with a unique design aesthetic, enriching programs and redesigned dynamic dining options, along with enhanced spa and wellness offerings.

Marriott Commitment to Clean Protocols
Hotels in the Marriott portfolio are following Marriott International’s Commitment to Clean protocols created together with leading experts in food and water safety, hygiene and infection prevention and hotel operations. These protocols include mandated mask-wearing for all associates within the hotel, and the use of electrostatic sprayers and disinfectants recommended by the Centers for Disease Control and Prevention and World Health Organization to sanitize surfaces in the hotels. In addition, the company has modified its food and beverage operational practices creating a newly designed approach to buffets and in-room dining. Measures include but are not limited to contactless and low-touch service, digital menus, pre-plated mini buffet options and a hybrid buffet with elements of self-guided service around individually plated or packaged selections. 

Note on forward-looking statements: This press release contains «forward-looking statements» within the meaning of U.S. federal securities laws, including expected additions to Marriott’s system, hotel renovations and brand conversions, our growth pipeline, demand trends for certain product types and in certain markets, and similar statements concerning possible future events or expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those we identify below and other risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Quarterly Report on Form 10-Q. Risks that could affect forward-looking statements in this press release include the duration and scope of COVID-19, including the location and extent of resurgences of the virus and the availability of effective treatments or vaccines; its short and longer-term impact on the demand for travel, transient and group business, and levels of consumer confidence; actions governments, businesses and individuals have taken or may take in response to the pandemic, including limiting or banning travel and/or in-person gatherings or imposing occupancy or other restrictions on lodging or other facilities; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies, travel, and economic activity, including the duration and magnitude of COVID-19’s impact on unemployment rates and consumer discretionary spending; the ability of our owners and franchisees to successfully navigate the impacts of COVID-19; the pace of recovery when the pandemic subsides or effective treatments or vaccines become available; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps we and our property owners and franchisees take to reduce operating costs and/or enhance certain health and cleanliness protocols at our hotels; competitive conditions in the lodging industry; relationships with clients and property owners; and the availability of capital to finance growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,500 properties under 30 leading brands spanning 132 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

About Sunwing Travel Group
The largest integrated travel company in North America, Sunwing Travel Group is comprised of Sunwing Vacations and Vacation Express, two of the leading leisure tour operators in North America; Sunwing Airlines, Canada’s premier leisure airline; SunwingJets, a luxury private jet charter service; SellOffVacations.com and Luxe Destination Weddings, two leading travel retail businesses; NexusTours, a full-service destination management company; and Blue Diamond Resorts, the Group’s hotel management company, an innovative organization that operates popular resort brands across the Caribbean and Mexico. Since its inception in 2011, Blue Diamond Resorts has curated an impressive portfolio encompassing 45 properties, exceeding 15,000 rooms in ten countries, including the award-winning All-In Luxury® Royalton Luxury Resorts, adults-only brands Hideaway at Royalton and Royalton CHIC, Planet Hollywood Hotels and Resorts, and Mystique by Royalton. For more information on Sunwing Travel Group, please visit www.sunwingtravelgroup.com.

Contact:
Felicia Arguello
farguello@jeffreygroup.com

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SOURCE Marriott International

Coupa Business Spend Index Reveals that Business Spend Sentiment is Gradually Improving for Third Consecutive Quarter

SAN MATEO, Calif., Feb. 9, 2021 /PRNewswire/ — Today, Coupa Software (NASDAQ: COUP) published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyzes billions of dollars of aggregated and anonymized business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below…

SAN MATEO, Calif., Feb. 9, 2021 /PRNewswire/ — Today, Coupa Software (NASDAQ: COUP) published the findings from its Business Spend Index (BSI), Q1 2021 Outlook. The Coupa BSI analyzes billions of dollars of aggregated and anonymized business spend decisions across Coupa’s platform, often serving as an early indicator of macroeconomic health over the next three to six months. The Q1 Outlook shows that business spend sentiment is gradually improving (an increase of 2.9 percent), but is still below trend.

Specifically, the Coupa BSI Q1 2021 Outlook shows gradual improvement in business spend sentiment for the third consecutive quarter. This data suggests that the recovery of business spend sentiment is underway following the sharp decline noted in the Coupa BSI Q2 2020 Outlook that aligned to the start of the COVID-19 pandemic. However, businesses remain cautious about the global economic outlook and all industry sectors, with the exception of high tech, remain below trend.

Data from the past quarter shows the following year-over-year changes in business spending:

  • 96 percent decrease in business spending on air travel
  • 25 percent decrease in business spending on office supplies
  • 11.5 percent increase in business spending on technology, including hardware, software, and services
  • 22.8 percent increase in contingent workforce spend
  • 12.3 percent increase in business spending for shipping and freight

«While the Coupa BSI Q1 2021 Outlook shows modest improvement overall, a return to trend is unlikely until the number of new COVID cases reported daily has been significantly reduced,» said Jeff Collins, chief economist at Coupa. «Although government action to combat the economic consequences of the pandemic has likely mitigated the depth of the downturn, we do not expect the U.S. economy to return to ‘normal’ levels of output or employment in the next three to six months.»

Spend Sentiment by Vertical Industry:

  • Financial Services: Although below trend for the last four quarters, the sector is improving bolstered by refinancing activity, stimulative fiscal policy, and continued accommodative monetary policy by the Federal Reserve. Improved spend sentiment for Financial Services implies the sector is expected to contribute more positively to U.S. GDP growth for the next three to six months.
  • Health and Life Sciences: Spend sentiment for Health and Life Sciences declined sharply from the previous quarter. The sector has been hard hit by the resurgence of COVID-19 cases and is expected to remain below trend for the next three to six months.
  • High Tech: Confidence in the tech sector, which has remained high throughout the pandemic, is now returning to trend. Companies in this sector are expected to benefit long-term from changes brought about by the pandemic and continue to contribute positively to U.S. GDP growth for the next three to six months.
  • Manufacturing: Spend sentiment for Manufacturing rebounded but is still well below the trend line. Demand is expected to increase as vaccinations and warmer weather reduce the negative impact of the pandemic on the sector.
  • Retail: The Retail sector continues to improve but is still below trend, as uncertainty caused by layoffs and business shutdowns persist. However, stimulus checks and low interest rates are expected to mitigate the impact of the pandemic in the months to come.

To view the Coupa BSI Q1 2021 Outlook in its entirety, visit www.spendindex.com.

Disclaimer: The findings of the BSI are not necessarily indicative of trends happening with Coupa’s business.

The Coupa BSI Methodology
The Coupa BSI is an early indicator of potential economic growth based on current business spending decisions of hundreds of U.S. companies. It analyzes billions of dollars of anonymized transactions from the Coupa BSM Platform, which has cumulatively processed over $2 trillion in business spend, to measure confidence around U.S. economic growth at an aggregate level, as well as an industry level within financial services, health and life sciences, high tech, manufacturing, and retail. The index is based on three key measurements related to business spend: (1) spend volume, (2) average time to approve spend decisions, and (3) average rate of spend approval/rejection.

The Coupa BSI is normalized to a baseline value of 100, which represents the weighted composite value of the three components in the baseline reference period (July 2016). The weighting methodology is periodically updated based on recalibration of the model. This was most recently done for Q4 2020.

About Coupa Software
Coupa empowers companies around the world with the visibility and control they need to spend smarter and safer. To learn more about how Coupa can help you spend smarter, visit www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.

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SOURCE Coupa Software