VegasSlotsOnline News Analysis: How a Pandemic Affected Casino Markets Across the Globe

LAS VEGAS, Feb. 23, 2021 /PRNewswire/ — New VegasSlotsOnline News analysis shows that the world’s casino operators faced serious challenges throughout 2020 in the wake of COVID-19. Key takeaways:

  • Revenue fell 31% for US casinos, 79% in Macau, 33% for Europe land-based gaming
  • Nevada, the home of US gambling, saw 2020 gaming revenue plummet as restrictions took…

LAS VEGAS, Feb. 23, 2021 /PRNewswire/ — New VegasSlotsOnline News analysis shows that the world’s casino operators faced serious challenges throughout 2020 in the wake of COVID-19. Key takeaways:

  • Revenue fell 31% for US casinos, 79% in Macau, 33% for Europe land-based gaming
  • Nevada, the home of US gambling, saw 2020 gaming revenue plummet as restrictions took effect

According to the latest American Gaming Association data, total US commercial gaming revenue fell by 31% for the year, to $30bn. Meanwhile, Macau venues posted total revenue of $7.57bn, showing a staggering 79% year-on-year decline. Overall, the market was down $28.93bn, dwarfing US total losses.

Revenue data from various sources shows that land-based casino revenue loss in the US, Macau, and Europe combined exceeds 50 billion USD in 2020 compared to 2019.

Europe’s operators seemingly fared best out of the three markets, losing an estimated $10.6bn from 2019 levels. Still, EGBA projections for 2020 land-based gaming revenue indicate a considerable 33% year-on-year drop.

Vegas an indicator of US struggles

In Las Vegas, the impact of the March casino closures became evident as Nevada posted its worst full-year GGR since 1996. The Strip saw its worst full month in 27 years last December. Across the US, Pennsylvania gaming revenue fell 22% for 2020, while New Jersey posted a drop of 17%.

There is now hope for a casino market rebound as restrictions gradually lift. Betfred executive Stephen A. Crystal predicts Vegas’s return to growth in under two years, while MGM CEO Bill Hornbuckle anticipates a 90% recovery in resort business by 2022.

Cracks widen in Macau

Despite Macau casinos closing for just two weeks in February 2020, they struggled with border restrictions imposed by COVID-19. The region saw only 250,000 visitors in the month after casinos reopened, down 92% year-on-year. Visitor numbers have remained low.

Las Vegas Sands’ Macau GGR fell 81% in 2020 to $1.7bn, as MGM’s and Wynn Resorts’ Macau operations saw full-year declines of 78% and 89%. The gambling hub ended the year with its worst gaming revenue since 2010. JP Morgan analysts predict a return to 2019 gaming revenue levels in Q3 2021, while Morgan Stanley forecasts a return to growth in the full-year revenue of 2022.

UK lockdowns clip casino wings

UK Prime Minister Boris Johnson ordered the shuttering of casinos in March 2020, with facilities remaining closed for almost five months after the first lockdown. Constant delays to reopening proved expensive for operators across the country, forcing Genting UK to permanently close down casinos and all live poker rooms.

As the region remains under full lockdown conditions, the Betting and Gaming Council has urged the UK government not to exclude casinos from upcoming reopening plans.

Read the full analysis by Owain Flanders in the VegasSlotsOnline News section.

About Us:

The VegasSlotsOnline News section has become a respected source of gambling news since launching in 2018. With a primary focus on the US and UK markets, we publish daily updates from all corners of the industry, including gambling legislation, casino, poker, sports betting, and iGaming.

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SYNLawnⓇ Unveils New and Enhanced Artificial Turf Products for New Year

DALTON, Ga., Feb. 23, 2021 /PRNewswire/ – SYNLawn®, the largest manufacturer and unrivaled innovator of artificial grass in North America, announced its latest product enhancements and new offerings debuting in early 2021. Products now include more soy content, advanced drainage, additional color options and Super Yarn™…

DALTON, Ga., Feb. 23, 2021 /PRNewswire/ – SYNLawn®, the largest manufacturer and unrivaled innovator of artificial grass in North America, announced its latest product enhancements and new offerings debuting in early 2021. Products now include more soy content, advanced drainage, additional color options and Super Yarn™ technology. SYNLawn will soon have five new additions that have earned Certified Biobased Product labels from the U.S. Department of Agriculture (USDA).

«SYNLawn is committed to sustainability,» said George Neagle, executive vice president at SYNLawn. «We are uniquely positioned as the first synthetic turf company with a certified product through the USDA’s BioPreferred Program, as well as more currently in development, which increases the use of renewable agricultural resources and contributes to reducing negative environmental and health impacts.»

In an increasingly crowded marketplace, SYNLawn strives to provide exceptional quality and real value for its customers with standout products including unmatched lifetime warranties, commitment to sustainability and the industry’s leading safety ratings. The new offerings include:

  • SYNPro PET: The low pile turf is an ideal choice for pets and their parents. It’s easy to clean and maintain, plus offers a high drainage rate.
  • SYNPro PLAY: Multi-use turf for landscape, pets, playgrounds, sport and golf. Available in five fun stock colors and custom by request.
  • SYNLawn PLAY PLATINUM STX43 with Super Yarn: Designed for playgrounds as a safe turf for kids of all ages with non-abrasive grass blades. Includes Sanitized® Antimicrobial, DualChill™IR Reflective and StatBlock™Anti-Static.
  • SYNSport: This multi-purpose turf variety is perfect for golf fairways and sport applications both indoors and outdoors. It’s available with colors to allow for inclusion of sports features and boundaries.
  • SYNRye 200: Ideal for high foot traffic areas, ASTM Certified E108 Class A Fire-Rated with HeatBlock™ and UV protection.
  • SYNPro 80: A perfect fit for residential lawns and durable enough to meet the demands of commercial applications as well.
  • SYNPro 100: Premium quality for contractors and landscape, pets and play applications.
  • SYNTipede X43 with Super Yarn: Superior durability with an unexpected soft touch. Designed for high foot traffic applications, including schools, playgrounds, public parks and commercial uses. Includes Sanitized® Antimicrobial, DualChill™IR Reflective and StatBlock™Anti-Static.
  • SYNAugustine 847 with Super Yarn: The thickest, most dense artificial turf style available. The low pile-height, close-knit thatch, and realistic grass blades are perfect for pet parents, commercial pet facilities, and golfers. Includes Sanitized® Antimicrobial, DualChill™IR Reflective and StatBlock™Anti-Static.
  • SYNLawn ROOFDECK PLATINUM Platinum SR 200: The ultimate artificial roof, deck, and patio grass for performance and safety. Nylon fibers provide a high melt resistance against window reflectivity, and the highest-rated safety rating in the industry.

For more information about SYNLawn’s full range of products, visit www.SYNLawn.com.

ABOUT SYNLAWN

SYNLawn is the largest manufacturer and unrivaled innovator of artificial grass in North America. As part of the SportGroup Holding® family of companies, SYNLawn, along with sister surfacing brands – Astroturf, Rekortan, APT and Laykold – delivers the best products available on the market. SYNLawn’s product offerings also include Calico Greens™, an upscale line of artificial wall displays. SYNLawn’s turnkey network of 100 distributors seamlessly combines environmental stewardship with industry-leading innovations. Manufactured in Dalton, GA, SYNLawn uses bio-based ingredients, such as soy and sugarcane, and consumer-conscious additives such as antimicrobials to meet customers’ wide range of needs. With more than 200,000 residential and commercial installations, the company is raising the bar for global synthetic turf standards and transforming the idea of grass. We have a proprietary system that accounts for more than 70 percent renewable content. For more information visit www.SYNLawn.com and follow us on Facebook, Instagram, LinkedIn, Pinterest and YouTube.

Media Contact:
Mackenzie Smith
msmith@fwv-us.com  
574-524-5916

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Green Source Advantage offers more renewable energy options for South Carolina customers

GREENVILLE, S.C., Feb. 23, 2021 /PRNewswire/ — The Public Service Commission of South Carolina (PSCSC) has approved Duke Energy’s Green Source Advantage program in South Carolina, enabling the company to expand renewable energy options for customers. View the PSCSC order here

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GREENVILLE, S.C., Feb. 23, 2021 /PRNewswire/ — The Public Service Commission of South Carolina (PSCSC) has approved Duke Energy’s Green Source Advantage program in South Carolina, enabling the company to expand renewable energy options for customers. View the PSCSC order here

The Green Source Advantage program builds on similar programs that Duke Energy has offered to large customers since 2014. The program offers large customers the flexibility of selecting and negotiating all price terms directly with a renewable supplier of their choice as well as retaining renewable energy certificates (RECs) generated by the renewable facility. The customer and renewable energy supplier can also agree on the contract length that is right for them.

«This program offers a viable, expedient and cost-effective path for large customers seeking to advance their renewable energy and sustainability goals,» said Michael Callahan, Duke Energy’s South Carolina president. «Green Source Advantage will help them meet these goals on their terms.»

The application window for the program opens March 29 at 9 a.m. on a first-come, first-served basis. Visit duke-energy.com/scgreensource for application details and eligibility requirements.

The program will be available until the total capacity of 200 megawatts (MW) is fully subscribed. Of this 200-MW capacity, 35 MW will be set aside for local government and university customers for nine months.

The remaining 165 MW will be reserved for large nonresidential customers – 125 MW for Duke Energy Carolinas and 40 MW for Duke Energy Progress.

Duke Energy Carolinas serves more than 600,000 customers primarily in the Upstate region of South Carolina. Duke Energy Progress serves more than 170,000 primarily in the Pee Dee region of the state.

Collaborating to expand renewables in the Palmetto State

Green Source Advantage is yet another win for South Carolina customers and is a direct result of historic collaborative efforts in recent years.

Act 236 – landmark legislation passed in 2014 – provided a framework for customers to install solar on their homes and businesses through strategic programs like the net metering incentive and rebate offerings. The company has provided more than $65 million in rebates as an extra incentive for customers who wanted to go solar across its South Carolina footprint. The company also created shared solar programs in the state – allowing customers to participate in the benefits of renewable energy without installing solar panels at their home or business.

In 2019, Act 62 further enabled programs like the Green Source Advantage and shared solar. The law also encouraged continued collaboration by utilities with leading solar providers, environmental groups and renewable energy advocates that, if approved by regulators, will create long-term stability for the residential solar industry in South Carolina through what could be the next generation of net energy metering for the Carolinas.

This continued push for increased access to renewables in South Carolina fits well with the company’s announced plans to reduce its carbon footprint. Duke Energy has reduced carbon emissions from electricity generation by more than 40% since 2005, and the company is working toward lowering carbon emissions at least 50% by 2030 and achieving net-zero carbon emissions by 2050.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 2,300 megawatts through its nonregulated Duke Energy Renewables unit.

Duke Energy is transforming its customers’ experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit’s regulated utilities serve 7.8 million retail electric customers in six states: North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to 1.6 million customers in five states: North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.

Duke Energy was named to Fortune’s 2020 «World’s Most Admired Companies» list and Forbes’ «America’s Best Employers» list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Ryan Mosier
800.559.3853

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Flock Freight Reaches Carbon Neutral with Shared Truckload Mode to Drive Sustainability in Freight Shipping Industry

SOLANA BEACH, Calif., Feb. 23, 2021 /PRNewswire/ — Flock Freight, the only logistics provider that offers a shared truckload shipping solution for businesses, today announced its partnership with <a target="_blank"…

SOLANA BEACH, Calif., Feb. 23, 2021 /PRNewswire/ — Flock Freight, the only logistics provider that offers a shared truckload shipping solution for businesses, today announced its partnership with Carbonfund.org Foundation to offset 100% of carbon emissions of its FlockDirect shipping mode in 2021 through carbon offsets at no extra cost to shippers.

Flock Freight’s shared truckload solution eliminates terminals and cuts freight-related carbon emissions by up to 40%. Flock Freight reduced 4,127 metric tons in carbon emissions in 2020 as a part of its pledge for sustainability as the first in the industry to become B Corporation certified. In 2021, Flock Freight is making an even stronger commitment to sustainability by reaching net neutrality with its shared truckload solution. All emissions produced by FlockDirect truck shipments will be accounted for in full and eliminated through the purchase of carbon offsets in partnership with Carbonfund.org with the goal of offsetting 20,000 metric tons in carbon emissions in 2021.

Flock Freight is changing the freight shipping model through its shared truckload solution, pooling less-than truckload shipments on one truck based on route optimization and last-in, first-out loading mentality. The result is high-quality truckload service for smaller loads. The carbon offsets purchased in 2021 will support the Truck Stop Electrification Project, which reduces truck idle time while providing truck drivers with an in-cab module to heat, cool, and power radio, etc. via an efficient external unit.

«It is our mission at Flock Freight to reduce waste and inefficiency in the freight shipping industry,» said Oren Zaslansky, founder and CEO of Flock Freight. «Taking our commitment to the next level allows us to make an industry-first move in establishing carbon-neutral shipping as the standard model for our shippers and carriers and prove that it not only can be done but should be done industry-wide.»

The Truck Stop Electrification Project will reduce tailpipe emissions from freight trucks that transport consumer goods all across the country by allowing long-haul truck drivers to heat or cool their cab and to power on-board appliances during the federally mandated rest period without idling truck engines. Engine idling creates poor resting conditions for the driver and fosters unhealthy conditions since a large number of trucks idle in close proximity. Idling also consumes fuel while moving no product, reduces engine life, and requires more frequent engine maintenance.

«We are excited to partner with Flock Freight in the effort to eliminate carbon emissions in the trucking industry, which is generally a big contributor to global carbon emissions,» said Eric M. Carlson, president of Carbonfund.org. «Making industry-leading steps like Flock Freight is doing will encourage new practices industry-wide in the future, which will enable a more sustainable future for humans and our planet.»

About Flock Freight
Flock Freight is a San Diego-based B Corp that’s been reinventing traditional shipping methods since opening for business in 2015. As the only digital freight provider to guarantee shared truckload shipping, Flock Freight leverages proprietary technology and relationship-driven service to pool shipments that are going the same direction onto one truck. The company provides faster, safer, and more sustainable service for LTL and TL shippers, in addition to increased revenue potential for carriers. Flock Freight’s shared truckload solution eliminates terminals and cuts freight-related carbon emissions by up to 40%. Flock Freight is backed by SignalFire, GLP, GV, and several other leaders in the supply chain transformation.

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HomeAdvisor Breaks Down Cost in Relaunch of Annual True Cost Report

DENVER, Feb. 23, 2021 /PRNewswire/ — HomeAdvisor, a leading digital marketplace and operating business of ANGI Homeservices (NASDAQ: ANGI), has relaunched its annual <a target="_blank"…

DENVER, Feb. 23, 2021 /PRNewswire/ — HomeAdvisor, a leading digital marketplace and operating business of ANGI Homeservices (NASDAQ: ANGI), has relaunched its annual True Cost Report*, which looks into the complexities behind the cost of home projects. This report, compiled by HomeAdvisor’s Chief Economist, Mischa Fisher, looks at the distinct levers adjusting the cost of common home projects including how and why they have been impacting pricing at the consumer level. It also takes a deep dive into understanding the most important and most complex of cost factors: labor quality.

«There is a big information imbalance when it comes to home services and a lot of that centers around cost. Homeowners often lack a full understanding of what goes into pricing and commonly have a hard time answering the question, ‘is this a fair price for the work I want done,'» said Mischa Fisher, Chief Economist, HomeAdvisor. «We wanted to take a deep dive this year into this information imbalance and answer some of the fundamental questions about cost including looking at the top completed projects of 2020 their costs and how and why those costs have been changing. For the market to work at its best, it is important for homeowners to understand what different home services cost and to understand what drives those costs.»

«Home services is also a unique industry in that the consumer is directly exposed to the majority of the supply chain – they buy the materials, see the work done first-hand and often have labor itemized on their bills,» continued Fisher. «The more they understand what they don’t necessarily see – the hidden value of a high-quality pro – the more they’ll be open to cost adjustments to reflect the work done in the most important place to them – their homes.»

This report looks into the intangible value high-quality pros bring to their projects, such as honesty, transparency, artistry, environmental responsibility, accurate time and cost estimates, consideration of the homeowner’s lifestyle, consulting on design choices, consideration of materials for certain climates and more.

Additional insights include:

–  Lower costs do not necessarily mean increased popularity of projects. The top three completed projects in 2020 included interior painting (average cost $2,007), bathroom remodels (average cost $13,401) and new flooring (average cost $4,680).
–  From 2019 to 2020, additions, closets and cabinetry had the biggest rise in pricing, with project prices increasing by 30%, 33% and 56% respectively.
–  From 2019 to 2020, computer networking, smart home systems and above ground swimming pools all dropped the most in average price, falling 10%, 39% and 40% respectively.
–  For homeowners, there are four main factors essential to understanding cost: material quantity, material quality, labor quantity and labor quality.

This report also looked at how the COVID-19 pandemic impacted the cost and pricing of home services. Topline costs for most of the top 20 projects went up, with a few exceptions, and it was likely primarily due to an increase in the cost of materials.

«COVID-19 likely caused scarcity and factory shutdowns, as well as supply chain disruptions and greater consumer demand for home services,» said Fisher. «Despite this higher demand, home services are unique in that pros will opt to turn down jobs rather than raise prices. Instead of seeing prices rise due to shortages of labor, we’re seeing them due to scarcity of materials.»

To view the complete report, visit HomeAdvisor’s True Cost Report page.

About HomeAdvisor
HomeAdvisor® is a digital marketplace evolving the way homeowners connect with service professionals to complete home projects. With HomeAdvisor’s on-demand platform, homeowners can find and vet local, prescreened home service professionals; view average home project costs using True Cost Guide; and instantly book appointments online or through HomeAdvisor’s award-winning mobile app, which is compatible with all iOS, Android and virtual assistants, including Amazon Echo. HomeAdvisor is based in Denver, Colo., and is an operating business of ANGI Homeservices, Inc. (NASDAQ: ANGI). 

*Data included in the True Cost Report is based on internal HomeAdvisor marketplace data of median costs, and surveys conducted by HomeAdvisor’s internal research team of the general population. Project costs are calculated based on a rolling median of consumer reported pricing for jobs completed through HomeAdvisor. Spending priorities for the top projects in 2020 and the top planned projects in 2021 came from a survey of 1,400 US adults. The survey used post-sample weighting of multiple demographic attributes to develop a representative sample of the entire U.S. population. This is a groundbreaking level of detail on home spending that provides new insights into how people spend on their homes. The material and information contained in this report is for general information purposes only. You should not rely upon such information as a basis for making any business, legal or any other decisions.

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CVS Health Invests $114 Million in Affordable Housing Across the Country in 2020

WOONSOCKET, R.I., Feb. 23, 2021 /PRNewswire/ — To address housing insecurities and promote community health improvement in vulnerable populations, CVS Health (NYSE: CVS) invested over $114 million in affordable housing in 2020. The company’s investments over the past year will lead to the construction and rehabilitation of more than 2,800 affordable housing units in 30 cities, across 12 states.

WOONSOCKET, R.I., Feb. 23, 2021 /PRNewswire/ — To address housing insecurities and promote community health improvement in vulnerable populations, CVS Health (NYSE: CVS) invested over $114 million in affordable housing in 2020. The company’s investments over the past year will lead to the construction and rehabilitation of more than 2,800 affordable housing units in 30 cities, across 12 states.

Throughout 2020, CVS Health worked closely with community organizations to provide affordable housing options and services to people facing significant challenges. As a result of the company’s affordable housing investment strategy, over 460 permanent supportive housing (PSH) units will be constructed to provide stable homes for people who may be experiencing homelessness, affected by chronic illness, victims of domestic violence, in need of behavioral health or addiction treatment, or are challenged by similar life and health situations. In addition to affordable housing, these PSH residents will also receive access to a wide range of services to stabilize and improve their health including social, behavioral health and addiction recovery services. Additionally, of the 2,800 affordable housing units being constructed or rehabilitated through CVS Health investments, 560 of the units are dedicated to housing seniors, while over 100 are reserved specifically for veterans and their families.

«We recognize that equitable access to stable and supportive housing serves as one of the greatest barriers to better health for many people,» said Karen S. Lynch, President and CEO of CVS Health. «Through our investments and collaboration with local partners, we’ve been able to provide underserved communities across the country with quality housing, economic support, and educational training opportunities based on the unique needs of the population.»

The company’s efforts to address housing insecurity are a core part of Destination: Health, a series of CVS Health business programs focused on helping people improve their health outside of a clinical setting.

Addressing Racial Inequality and Health Disparities in Black Communities

CVS Health’s increase in investments in affordable housing with supportive services during 2020 is part of the company’s larger commitment to address racial inequity and the social determinants of health in Black communities. Under this commitment, CVS Health will invest nearly $600 million over five years to advance employee, community and public policy initiatives that address inequity faced by Black people and other disenfranchised communities.

As the company invests in local affordable housing developments, it is also exploring opportunities to bring other social justice and equity initiatives to those same local communities to amplify the impact of the programs. These expansions include bringing the company’s Project Health program to new markets. Project Health offers free biometric screenings to help identify chronic conditions before they become life-threatening illnesses. CVS Health’s workforce initiatives programs, focused on empowerment, education and training, are also being introduced to new markets to help residents achieve meaningful employment opportunities. 

In September 2020, CVS Health announced its investment of $13.7 million to  renovate 230 low-income housing units at the Rosewind Apartments in Columbus, Ohio. In collaboration with the Columbus Metropolitan Housing Authority and the Ohio Capital Corporation for Housing, CVS Health’s investment will provide comprehensive local support including quality housing, significant improvements to the local community center and support for new community programs for families and individuals facing challenges in the North Linden neighborhood.

In November 2020, the company invested $8.7 million to help build a new 116-unit affordable housing complex in the Mercy Drive neighborhood of Orlando, Florida. The development includes three buildings, a community center, playgrounds, on-site laundry facilities and onsite management offices. All residents will have access to on-site supportive services including adult literacy, employment assistance and financial management programs.

Creating Healthier Communities Through Affordable Housing

In 2020, CVS Health invested in affordable housing projects and programs in different locations throughout the country including Alaska, Ohio, Massachusetts, Texas, Georgia, Florida, Wisconsin, Hawaii, California, New York, Maryland, and Colorado.

Examples of these investments include:

  • $15.3 million to build 144 new homes and services for Ohio seniors, including those with disabilities, in two affordable housing communities known as Eastern Woods Senior Apartments in Findlay and Northland Gate in Columbus.
  • $6.2 million for Happiness House Apartments in Canandaigua, NY, a supportive housing community providing 30 new homes for families and seniors, including people who have been experiencing homelessness or struggling to find stable housing.
  • $4.3 million for Bridgeway Community Housing in Wasilla, AK, a 24-unit PSH project designed to meet the needs of Alaskans experiencing homelessness, living with mental disabilities, who may have substance abuse disorders or are working to avoid recidivism, and any other Alaskans whose histories present barriers to accessing mainstream housing.

«Our investments in housing and work with regional organizations this past year have enabled us to help improve individual and community health outcomes during a particularly challenging time,» said Keli Savage, Head of Impact Investment Strategy, CVS Health. «By focusing our investment strategy on providing affordable, service-enriched housing for low-income regions and communities of color, we’re able to help those most impacted by the burden of housing instability. We’re proud to continue furthering our commitment to investing in opportunities that promote greater access to affordable housing and the essential services people need on their path to better health.»

CVS Health looks forward to announcing additional affordable housing initiatives throughout 2021.

About CVS Health

CVS Health is a different kind of health care company. We are a diversified health services company with nearly 300,000 employees united around a common purpose of helping people on their path to better health. In an increasingly connected and digital world, we are meeting people wherever they are and changing health care to meet their needs. Built on a foundation of unmatched community presence, our diversified model engages one in three Americans each year. From our innovative new services at HealthHUB® locations, to transformative programs that help manage chronic conditions, we are making health care more accessible, more affordable and simply better. Learn more about how we’re transforming health at www.cvshealth.com

Media Contact
Ethan Slavin
860-273-6095
SlavinE@aetna.com

 

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Wyndham Launches La Quinta Brand in the Middle East with New Hotel in Historic Area of Dubai

PARSIPPANY, N.J., Feb. 23, 2021 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of properties with over 8,900 hotels across nearly 95 countries, today announced the debut of its La Quinta by Wyndham brand in the Middle…

PARSIPPANY, N.J., Feb. 23, 2021 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of properties with over 8,900 hotels across nearly 95 countries, today announced the debut of its La Quinta by Wyndham brand in the Middle East with a new 100-room property in Dubai. Expected to open in March 2021, La Quinta by Wyndham Dubai Bur Dubai will be centrally located in the historic Bur Dubai district.  

Wyndham continues to expand the La Quinta brand – a leading upper-midscale brand with nearly 940 hotels offering contemporary design, thoughtful amenities and friendly service – throughout the world. This hotel marks the 75th La Quinta property to open since Wyndham acquired the brand in 2018.  La Quinta has now expanded to nine countries: Canada, Chile, Colombia, Honduras, Mexico, Turkey, New Zealand, the United Arab Emirates, and the United States. The brand has also announced plans to open eight new La Quinta hotels in the Dominican Republic.

The new Dubai property is located in one of the city’s bustling commercial hubs offering easy access to leisure attractions, including the Dubai Cruise Terminal at Port Rashid, The Dubai Mall, the Dubai Frame and Jumeirah Mosque, as well as business hotspots such as the Dubai World Trade Centre and the city’s financial district. The newly refurbished hotel will boast contemporary guest rooms and elegant interiors, combining Dubai’s traditional trading colors with a modern twist that replicates the city’s lively scene. La Quinta by Wyndham Dubai Bur Dubai will also offer a 100-square metre event and meeting space and a host of additional amenities, including an outdoor pool with pool deck, a spacious spa with sauna and steam room, and a modern fitness centre. Other features will include all-day dining, a lounge, coffee shop, 24/7 room service, and speciality restaurants serving Indian delicacies and international menus. A 24-hour business centre, children’s play area and pool, dedicated retail space, ample parking, and a local shuttle add to the hotel’s positioning as ideal for business or leisure.

Dimitris Manikis, President Europe, Middle East, Eurasia and Africa (EMEA), Wyndham Hotels & Resorts, said: «We are on a strong growth trajectory for La Quinta by Wyndham, and this latest addition further highlights our commitment to expand the brand in EMEA and around the world. Dubai is one of the most sought out destinations for travelers from all corners of the globe, making it the ideal location to launch La Quinta in the market. This property perfectly complements our portfolio of over 60 hotels in the Middle East and Africa and we look forward continuing to grow our robust pipeline in the region.»

Wyndham hotels in the Middle East and around the world participate in Wyndham Rewards®, the world’s most generous hotel rewards programme with more than 30,000 hotels, vacation club resorts and vacation rentals worldwide.

About La Quinta by Wyndham 
With nearly 940 destinations globally, the La Quinta by Wyndham brand is a bright spot in every traveller’s journey. The brand offers thoughtful amenities, friendly service, and consistently delivers an exceptional guest experience that keeps travelers waking up on the bright side. For more information, visit www.lq.com. Like and follow LQ on Facebook and YouTube. If you are interested in developing a hotel, please visit https://whrdevelopmentemea.com/.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with over 8,900 hotels across nearly 95 countries on six continents. Through its network of approximately 796,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company’s award-winning Wyndham Rewards loyalty program offers 86 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally.  For more information, visit www.wyndhamhotels.com.

Contacts
Silvia de Candia
Wyndham Hotels & Resorts
+44 796 63 88 208
silvia.decandia@wyndham.com

Scott Carman
Wyndham Hotels & Resorts
+1 (973) 753-6590
scott.carman@wyndham.com

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SOURCE Wyndham Hotels & Resorts

DuPont Performance Building Solutions Addresses Climate Change Through Innovation

WILMINGTON, Del., Feb. 23, 2021 /PRNewswire-PRWeb/ — DuPont™ Performance Building Solutions (PBS) is committed to a more sustainable future, which includes intentional action on climate change. Recent product innovation is delivering reduced GHG emissions and lower embodied carbon profiles for two long-time, market leading brands: DuPont™ Styrofoam™ Brand Extruded Polystyrene (XPS) Foam Insulation and Froth-Pak™ Spray Foam. The reformulated products are being introduced in 2021.

«With…

WILMINGTON, Del., Feb. 23, 2021 /PRNewswire-PRWeb/ — DuPont™ Performance Building Solutions (PBS) is committed to a more sustainable future, which includes intentional action on climate change. Recent product innovation is delivering reduced GHG emissions and lower embodied carbon profiles for two long-time, market leading brands: DuPont™ Styrofoam™ Brand Extruded Polystyrene (XPS) Foam Insulation and Froth-Pak™ Spray Foam. The reformulated products are being introduced in 2021.

«With DuPont’s leadership position in the construction industry, we are driving a meaningful and immediate reduction in greenhouse gas emissions as we launch our reduced global warming potential products» says Jeff Hansbro, global advocacy director, DuPont.

Embodied carbon and operational carbon must be managed to address climate change appropriately in the built environment. High-performing buildings include the installation of quality insulation and air sealing products to decrease operational energy usage through a reduction in heating and cooling needs. This contributes to more affordable housing for occupants while supporting comfortable environments to live, work and play. Both Styrofoam™ Brand Extruded Polystyrene and Froth-Pak™ Spray Foam product lines offer immediate and long-term carbon mitigation through the reduction of energy usage.

«The building and construction industry accounts for nearly 40 percent of the world’s carbon emissions, and the manufacturing of building materials accounts for 11 percent of global carbon emissions,» said Hansbro. «As part of the global solution to address climate change, the building industry must achieve carbon neutrality and deliver solutions focused on climate resiliency.»

DuPont celebrates the U.S. rejoining the Paris Agreement and has always supported policies and actions that address climate change. DuPont is uniquely positioned to support our customers and communities in creating solutions across all six sides of the building envelope. We focus our research investment and scientific talent on developing technologies and materials to enable low-carbon energy generation and improve energy efficiency for homes and buildings. Learn more at http://www.dupont.com/position-statements/climate-change.html.

Leveraging decades of building science expertise to address industry challenges, PBS recently announced its 2030 Sustainability Goals, which include a 75 percent reduction in greenhouse gas emissions from operations relative to 2019. More information about the PBS sustainability goals can be found at http://www.dupont.com/building/sustainability.html.

About DuPont Performance Building Solutions and Corian® Design

Grounded in science, DuPont™ Performance Building Solutions and Corian® Design is working alongside those who also seek a sustainable tomorrow to help people thrive at home and in their communities for years to come. By developing solutions for managing the air, water and thermal performance of buildings and residences, we help our customers build energy-efficient, resilient, and durable shelters in a rapidly changing world. Backed by unmatched industry insight, building knowledge, and technical support, as well as world-class brands such as Styrofoam™ Brand, Tyvek®, and Great Stuff™, our products and services portfolio enables customers to focus on what they do best, no matter where and how they choose to build.

About DuPont

DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at http://www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

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DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

2/23/21

Media Contact

Stacy Coughlin, DuPont, +1 9898986442, stacy.coughlin@dupont.com

 

SOURCE DuPont

MTI Instruments’ PBS-4100+ Series Training Now Eligible for Credit Under William (Bill) O’Brien Aviation Maintenance Technician (AMT) Awards Program

ALBANY, N.Y., Feb. 23, 2021 /PRNewswire/ — MTI Instruments, Inc. (MTI Instruments), a wholly-owned subsidiary of Mechanical Technology, Incorporated (OTCQB:MKTY), today announced that its training course on the PBS-4100+ engine vibration measurement and balancing system is now credit-eligible under the Federal Aviation Administration’s (FAA’s) William (Bill) O’Brien Aviation Maintenance Technician (AMT) Awards Program.

With the new credit designation, MTI Instrument’s course, «Vibration…

ALBANY, N.Y., Feb. 23, 2021 /PRNewswire/ — MTI Instruments, Inc. (MTI Instruments), a wholly-owned subsidiary of Mechanical Technology, Incorporated (OTCQB:MKTY), today announced that its training course on the PBS-4100+ engine vibration measurement and balancing system is now credit-eligible under the Federal Aviation Administration’s (FAA’s) William (Bill) O’Brien Aviation Maintenance Technician (AMT) Awards Program.

With the new credit designation, MTI Instrument’s course, «Vibration Analysis and Engine Balancing Using the PBS-4100 System,» can earn an eligible individual up to 16 hours of credit towards AMT Awards issued through the FAA Safety Team continuous training program. With the completion of MTI’s course requirement, plus the core course (required through the AMT Awards program), the participating individual can earn Bronze Award level recognition. Continuous participation in the AMT Awards program for regulatory, airworthiness and safety awareness training reinforces a high level of professionalism and safety within the industry to maintain proficiency. 

«MTI Instruments’ conviction to the importance of training and skill development has resulted in the acceptance of our coursework for the FAA Safety continuous training program,» said Moshe Binyamin, President of MTI Instruments. «The FAA’s recognition of this important training on the PBS-4100+ series is truly encouraging, especially for our aviation customers. Aviation maintenance technicians proactively developing their knowledge in this technology benefits the industry as a whole.»

As a U.S. manufacturer, MTI Instruments’ products are designed, manufactured and supported in Albany, New York. Designed to swiftly pinpoint engine vibration problems and eliminate avoidable engine removals, the PBS-4100+ series are known for providing critical diagnostic tools to analyze and resolve engine vibration to assure maximum engine uptime and safety. The configuration and the intuitive user interface make the PBS-4100+ product line easy to use, while the built-in rapid diagnostics and traceability reporting help aviation customers reduce labor hours and minimize engine downtime by reducing maintenance needs.

MTI Instruments’ training program, which is held at customer facilities, emphasizes hands-on learning with the customers’ equipment.

«The objective for pursuing ongoing training on MTI Instruments is to ensure our customers, both military and commercial, are competent and confident with engine vibration measurement and engine balancing operations,» said Ken Ameika, Global Director of PBS Products of MTI Instruments. «With proper training, a post maintenance engine vibration test should be reduced to two hours or less; versus manual methods which require several hours of effort and thousands of pounds’ worth of fuel.»

The PBS-4100+ course is offered throughout the calendar year. For registration, contact MTI Instruments Support Team (518-218-2567) at support@mtiinstruments.com.

Through the William (Bill) O’Brien Awards Program, named after the late Bill O’Brien, a former FAA National Resource Specialist, co-founder of the original AMT Awards Program, the FAA recognizes eligible aviation maintenance-related career individuals and employers by issuing awards to those who receive, promote or foster initial and recurrent training. To learn more about the William (Bill) O’Brien AMT Awards Program and eligibility to participate in the program, please visit: www.FAASafety.gov.

About MTI Instruments

Based in Albany, New York, MTI Instruments, Inc., a wholly-owned subsidiary of Mechanical Technology, Incorporated, is a global leader in non-contact measurement tools and condition-based monitoring systems with a growing customer base spanning more than 60 countries. MTI Instruments has a rich history in innovation for developing and manufacturing sensors and systems to help clients secure the highest level of accurate measurements in order to drive innovation, identify efficiencies and increase competitiveness. MTI Instruments provides comprehensive solutions to better address challenges and applications within numerous industries, including industrial manufacturing, consumer electronics, semiconductor, solar, commercial and military aviation, automotive, transportation and R&D. For more information, please visit: MTIInstruments.com.

Media Contact:
Chris Colton
P: 518.618.1177
E: ccolton@martingroupmarketing.com 

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SOURCE MTI Instruments

Wyndham Launches La Quinta Brand in the Middle East with New Hotel in Historic Area of Dubai

PARSIPPANY, N.J., Feb. 23, 2021 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of properties with over 8,900 hotels across nearly 95 countries, today announced the debut of its La Quinta by Wyndham brand in the Middle…

PARSIPPANY, N.J., Feb. 23, 2021 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of properties with over 8,900 hotels across nearly 95 countries, today announced the debut of its La Quinta by Wyndham brand in the Middle East with a new 100-room property in Dubai. Expected to open in March 2021, La Quinta by Wyndham Dubai Bur Dubai will be centrally located in the historic Bur Dubai district.  

Wyndham continues to expand the La Quinta brand – a leading upper-midscale brand with nearly 940 hotels offering contemporary design, thoughtful amenities and friendly service – throughout the world. This hotel marks the 75th La Quinta property to open since Wyndham acquired the brand in 2018.  La Quinta has now expanded to nine countries: Canada, Chile, Colombia, Honduras, Mexico, Turkey, New Zealand, the United Arab Emirates, and the United States. The brand has also announced plans to open eight new La Quinta hotels in the Dominican Republic.

The new Dubai property is located in one of the city’s bustling commercial hubs offering easy access to leisure attractions, including the Dubai Cruise Terminal at Port Rashid, The Dubai Mall, the Dubai Frame and Jumeirah Mosque, as well as business hotspots such as the Dubai World Trade Centre and the city’s financial district. The newly refurbished hotel will boast contemporary guest rooms and elegant interiors, combining Dubai’s traditional trading colors with a modern twist that replicates the city’s lively scene. La Quinta by Wyndham Dubai Bur Dubai will also offer a 100-square metre event and meeting space and a host of additional amenities, including an outdoor pool with pool deck, a spacious spa with sauna and steam room, and a modern fitness centre. Other features will include all-day dining, a lounge, coffee shop, 24/7 room service, and speciality restaurants serving Indian delicacies and international menus. A 24-hour business centre, children’s play area and pool, dedicated retail space, ample parking, and a local shuttle add to the hotel’s positioning as ideal for business or leisure.

Dimitris Manikis, President Europe, Middle East, Eurasia and Africa (EMEA), Wyndham Hotels & Resorts, said: «We are on a strong growth trajectory for La Quinta by Wyndham, and this latest addition further highlights our commitment to expand the brand in EMEA and around the world. Dubai is one of the most sought out destinations for travelers from all corners of the globe, making it the ideal location to launch La Quinta in the market. This property perfectly complements our portfolio of over 60 hotels in the Middle East and Africa and we look forward continuing to grow our robust pipeline in the region.»

Wyndham hotels in the Middle East and around the world participate in Wyndham Rewards®, the world’s most generous hotel rewards programme with more than 30,000 hotels, vacation club resorts and vacation rentals worldwide.

About La Quinta by Wyndham 
With nearly 940 destinations globally, the La Quinta by Wyndham brand is a bright spot in every traveller’s journey. The brand offers thoughtful amenities, friendly service, and consistently delivers an exceptional guest experience that keeps travelers waking up on the bright side. For more information, visit www.lq.com. Like and follow LQ on Facebook and YouTube. If you are interested in developing a hotel, please visit https://whrdevelopmentemea.com/.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with over 8,900 hotels across nearly 95 countries on six continents. Through its network of approximately 796,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company’s award-winning Wyndham Rewards loyalty program offers 86 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally.  For more information, visit www.wyndhamhotels.com.

Contacts
Silvia de Candia
Wyndham Hotels & Resorts
+44 796 63 88 208
silvia.decandia@wyndham.com

Scott Carman
Wyndham Hotels & Resorts
+1 (973) 753-6590
scott.carman@wyndham.com

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SOURCE Wyndham Hotels & Resorts