Axalta expands commercial vehicle portfolio with launch of two new Imron® Elite products

PHILADELPHIA, Jan. 21, 2021 /PRNewswire/ — Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings is adding two new products to its high-performance Imron® Elite coating solutions line in North America – Imron Elite ColorPLUS and Imron Elite Direct-to-Plastic basecoat. Both products are designed to deliver premium-quality and superior durability for today’s commercial transportation vehicles.

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PHILADELPHIA, Jan. 21, 2021 /PRNewswire/ — Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings is adding two new products to its high-performance Imron® Elite coating solutions line in North America – Imron Elite ColorPLUS and Imron Elite Direct-to-Plastic basecoat. Both products are designed to deliver premium-quality and superior durability for today’s commercial transportation vehicles.

Axalta’s Imron Elite ColorPLUS is a premium coating system designed specifically for the new and complicated paint schemes of recreational vehicles. Designed to produce a superior, long-lasting, glossy finish that meets recreational vehicles’ color and processing requirements, Imron Elite ColorPLUS outperforms competitive products especially in product consumption and paint shop productivity. Case study data shows the product consumption of ColorPLUS to be 25-30% less than competitive products. Full system application times with ColorPLUS coupled with oven cure time resulted in a 30 plus percent improvement in cycle time. It also leverages two cutting-edge companion clearcoats, 8460S and 8463S, which are designed to deliver outstanding system appearance and durability.

«Imron Elite Direct-to-Plastic basecoat improves productivity and performance for our customers by eliminating the need for a conventional adhesion promoter and simplifying the coating process from three steps to two,» said Marko Strukelj, Director, Global Transportation Product Engineering at Axalta. «This basecoat also improves overall appearance and enhances adhesion to a plastic substrate.»

A Direct-to-Plastic (DTP) basecoat applies color directly and can be used with or without activation. It requires no scuffing before repainting, and it dries quickly while delivering excellent adhesion. DTP is also specially formulated to deliver great hiding, smooth application and exceptional flake control over multiple plastic substrates and is available in most solid, metallic, pearlescent and special-effect colors.

«We are excited to introduce these two products into the Imron product portfolio,» said Joseph Wood, Vice President of Commercial Transportation Coatings at Axalta. «Both of these product extensions are aimed at helping our customers produce world class products while meeting cost, quality, and cycle time targets.»

About Axalta
Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us @axalta on Twitter.

Media Contact
Jessica Iben
P: +1 267-398-8163
jessica.iben@axalta.com
axalta.com

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SOURCE Axalta Coating Systems Ltd.

Earnhardt Hyundai of Avondale Highlights New 2021 Model Incentives and Offers This January

AVONDALE, Ariz., Jan. 21, 2021 /PRNewswire-PRWeb/ — To start off the new year Earnhardt Hyundai of Avondale is featuring affordable Hyundai lease and purchase incentives that will fit the budgets of Peoria and Avondale shoppers. Qualifying customers will find the available incentives are the perfect reason to head out to Earnhardt Hyundai of Avondale to get behind the…

AVONDALE, Ariz., Jan. 21, 2021 /PRNewswire-PRWeb/ — To start off the new year Earnhardt Hyundai of Avondale is featuring affordable Hyundai lease and purchase incentives that will fit the budgets of Peoria and Avondale shoppers. Qualifying customers will find the available incentives are the perfect reason to head out to Earnhardt Hyundai of Avondale to get behind the wheel of a new Hyundai SUV or crossover.

Peoria shoppers looking for their next crossover will find the 2021 Hyundai Tucson SE is an ideal fit for their lifestyle and budget. Select 2021 Hyundai Tucson SE variants are available for lease with a 36-month contract with $3,705 due and signing and $175 per month. 2021 Hyundai Tucson finance offers include a 0% Annual Percentage Rate (APR) for up to 60 months on select models.

The family ready 2021 Hyundai Palisade is also available at Earnhardt Hyundai of Avondale with its own lineup of finance and lease offers. A 36-month lease opportunity is available for select 2021 Palisade SE models with $289 per month and $5,059 down. Prospective customers looking for a finance opportunity may qualify for a 2.9% APR for 72 months on select Palisade models.

Avondale and Peoria shoppers looking for an entry-level crossover may find themselves drawn towards the 2021 Hyundai Venue at Earnhardt Hyundai of Avondale. The Avondale dealership is offering a 36-month lease contract on select 2021 Venue SEL IVT models with $2,399 due at signing and $159 per month. Qualifying customers looking to finance a new 2021 Hyundai Venue SEL IVT may be eligible to take advantage of a 0% APR.

Anyone can view the available 2021 Hyundai incentives and offers available now through Feb. 1 at Earnhardt Hyundai of Avondale by visiting the dealership online, earnhardthyundai.com. Individuals with specific inquiries or questions about available models or offers can contact a member of the Earnhardt Hyundai of Avondale team directly by calling 833-331-0148.

Media Contact

Earnhardt Marketing, Earnhardt Hyundai of Avondale, 623-388-5800, press@earnhardt.com

 

SOURCE Earnhardt Hyundai of Avondale

Global Aircraft Electric Power Systems Market Report 2020: Growth Strategies Focused on Electrification Driving Recovery – All-electric Aircraft Technology for New Mobility Solutions

DUBLIN, Jan. 21, 2021 /PRNewswire/ — The «Industry Convergence…

DUBLIN, Jan. 21, 2021 /PRNewswire/ — The «Industry Convergence Boosting the Global Aircraft Electric Power Systems Market, 2020» report has been added to ResearchAndMarkets.com’s offering.

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Electric power systems providers are part of a broader ecosystem within the aerospace industry supply chain, where hundreds of companies co-exist with varying levels of complementarity and dependency.

Commercial aviation has been seeing the highest levels of growth in recent years. Orders for new aircraft peaked in 2018, pushing the supply chain to capacity limits, which resulted in significant delays in deliveries and economic losses for OEMs and system integrators.

A series of transformations in the supply chain included several deals that led to a strong market concentration in the hands of large participants – now vertically integrated to improve efficiency, increase productivity, and remain competitive.

Given the integrated and interdependent supply chain, electric power system components manufacturers have not been immune to the various factors challenging the industry, notably the crisis triggered by the 737 MAX grounding order and the effects of COVID-19.

In light of such unprecedented crises, transformation plans are designed with an eye on industry recovery. Growth is expected to be slow and give rise to a new business model and supply chain.

There is much uncertainty with regard to the recovery process and the new market structure, but the post-pandemic normality is expected to bring profound changes in consumer behavior – in how they travel and interact with the industry. Increased safety regulations, as well as special attention to sustainability and healthcare issues, will help regain user confidence and return to the growth path that the market was able to maintain until 2018.

Key Features

  • To identify recovery and growth trends in the electrical power system components market
  • To provide a strategic overview of the market and technology trends and assess the transformative opportunities arising from them
  • To evaluate the segments that make up the market, identifying challenges and trends, and the opportunities that will lead to recovery and growth in each of them

Key Issues Addressed

  • Which are the segments that make up the market, and what is the revenue share of each?
  • Which are the main competitors in the market, and which are the biggest consumers?
  • Which are the opportunities that will lead to rapid market recovery and growth?
  • How is the market transforming, and what are the expected changes?

Key Topics Covered:

1. Strategic Imperatives

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative
  • Impact of the Top 3 Strategic Imperatives on the Global Aircraft Electric Power Systems
  • Growth Opportunities Fueling the Growth Pipeline Engine

2. Growth Opportunity Analysis, Global Aircraft Electric Power Systems Market

  • Global Aircraft Electric Power Systems Market, Scope of Analysis
  • Aircraft Electric Power Systems Market, Segmentation
  • Key Competitors, Aircraft Electric Power Systems Market
  • Key Growth Metrics, Aircraft Electric Power Systems Market
  • Growth Drivers, Aircraft Electric Power Systems Market
  • Growth Driver Analysis, Aircraft Electric Power Systems Market
  • Growth Restraints, Aircraft Electric Power Systems Market
  • Growth Restraint Analysis, Aircraft Electric Power Systems Market
  • COVID-19 Impact on World GDP Growth
  • Forecast Assumptions, Aircraft Electric Power Systems Market
  • Production Forecast, Aircraft Electric Power Systems Market
  • Revenue Forecast, Aircraft Electric Power Systems Market
  • Revenue Forecast by Revenue Stream, Aircraft Electric Power Systems Market
  • Revenue Forecast by Segment, Aircraft Electric Power Systems Market
  • Revenue Forecast by Customer (Line-fit), Aircraft Electric Power Systems Market
  • Pricing and Revenue Forecast Analysis, Aircraft Electric Power Systems Market
  • Competitive Environment, Aircraft Electric Power Systems Market
  • Revenue Share, Aircraft Electric Power Systems Market
  • Revenue Share Analysis, Aircraft Electric Power Systems Market

3. Growth Opportunity Analysis, Power Generation Segment

  • Key Growth Metrics, Power Generation Segment
  • Revenue Forecast, Power Generation Segment
  • Revenue Forecast by Aircraft Platform Type (Line-fit), Power Generation Segment
  • Revenue Forecast by Revenue Stream, Power Generation Segment
  • Forecast Analysis, Power Generation Segment

4. Growth Opportunity Analysis, Power Conversion Segment

5. Growth Opportunity Analysis, Power Distribution Segment

6. Growth Opportunity Analysis, Electric Storage Systems Segment

7. Growth Opportunity Analysis, Motorization Systems Segment

8. Growth Opportunity Universe, Aircraft Electric Power Systems Market

  • Growth Opportunity 1: Digitalization for Enhanced Safety and Reliability, 2020
  • Growth Opportunity 2: Energy Storage Technology for Greater Autonomy, 2020
  • Growth Opportunity 3: New Material and Manufacturing Techniques for the Next Generation of Aircraft, 2020
  • Growth Opportunity 4: All-electric Aircraft Technology for New Mobility Solutions, 2020

9. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/jddqqd

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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SOURCE Research and Markets

Edmunds Experts Forecast 15.5 Million New Vehicles Will Be Sold in 2021

 SANTA MONICA, Calif., Jan. 21, 2021 /PRNewswire/ — The car shopping experts at Edmunds say that the auto industry is on track for greater stability and healthier sales this year, forecasting that 15.5 million new cars will be sold in 2021. Edmunds analysts note that this would represent a 6.5% lift compared to last year.

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 SANTA MONICA, Calif., Jan. 21, 2021 /PRNewswire/ — The car shopping experts at Edmunds say that the auto industry is on track for greater stability and healthier sales this year, forecasting that 15.5 million new cars will be sold in 2021. Edmunds analysts note that this would represent a 6.5% lift compared to last year.

…every so often there’s a truly exciting product year for the automotive industry like we’re about to witness in 2021

«2020 was an incredibly tumultuous year for the industry, but some unique market conditions helped retail sales end up in a much stronger place than anticipated, and the good news is that these should serve as some decent tailwinds into 2021,» said Jessica Caldwell, Edmunds’ executive director of insights. «Despite the economic hardships faced by so many Americans during the pandemic, there’s still a large population of well-off consumers who have been taking advantage of favorable financing conditions and sustaining healthy demand in the new car market.»

Edmunds experts put together some of the biggest trends that they predict will shape the road ahead in 2021:

  • The new vehicle market will continue to grow more pricey and exclusive as the pandemic drives an income divide among Americans. New car prices are skyrocketing: In December 2020 the average transaction price for a new vehicle hit an all-time record high of $40,573. Edmunds analysts expect this number to go up as affluent consumers benefiting from lower interest rates and healthy stock and housing markets continue buying bigger, more expensive new trucks and SUVs. At the same time, more affordable options in the new car market are growing increasingly scarce as automakers shutter their car lines, which Edmunds experts say will create a barrier to entry for many consumers and force them into the used car market.
  • COVID-19 vaccines will help keep auto sales steady but won’t boost them dramatically. Unlike other industries such as airlines or entertainment, automotive sales are not expected to see a dramatic retail lift post widespread vaccination distribution — in 2020, retail sales were down only 8.6%. However, Edmunds experts say that a return to an in-person work environment should help maintain sales, and they anticipate a boost in daily rentals in 2021, which generally make up 12% of new vehicle sales but sank to 7.4% in 2020.
  • Exciting new products will help breathe life into the automotive industry. 2021 will be a standout year for new vehicles. It will see the birth of a brand-new segment in EV pickup trucks, at least seven new electrified SUVs, and some popular off-road nameplate revivals including the Ford Bronco and Jeep Wagoneer.

«It comes down to production cycles and a little bit of luck, but every so often there’s a truly exciting product year for the automotive industry like we’re about to witness in 2021,» said Caldwell. «Between the GMC Hummer, the Tesla Cybertruck, and a debut vehicle from Rivian, the EV pickup truck segment is about to explode and we’re going to see even more electrified SUVs enter the market. And under the new presidential administration, there could be the possibility of new tax credits or incentives for individuals that could finally help move the needle for electric vehicles, which for years have been slow to grow in popularity in the U.S.»

Although 2021 is looking to be an exceptional year for the industry from a product standpoint, Edmunds experts note that there are a number of uncertainties that could negatively affect sales.

«The chip supply shortage could throw a big wrench in production for automakers, which have only just gotten back into a good groove after shutting down during the pandemic,» said Caldwell. «And there is the bigger question about what consumer demand for vehicles is going to look like in a post-vaccine world. Lots of additional wealth and resources have been pushed into new car purchases for now, but people have been cooped up for nearly a year. They might choose to shift their spending to experiences rather than goods, which could be a threat to car purchases.»

More insight into recent auto industry trends can be found in the Edmunds Industry Center at http://www.edmunds.com/industry-center/.

About Edmunds
Edmunds guides car shoppers online from research to purchase. With in-depth reviews of every new vehicle, shopping tips from an in-house team of experts, plus a wealth of consumer and automotive market insights, Edmunds helps millions of shoppers each month select, price and buy a car with confidence. Regarded as one of America’s best workplaces by Fortune and Great Place to Work, Edmunds is based in Santa Monica, California, and has a satellite office in Detroit, Michigan. Follow us on Twitter, Facebook and Instagram.

CONTACT:
Talia James-Armand
Associate Director, PR & Communications
PR@Edmunds.com
310-309-4900
http://edmunds.com/about/press

 

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SOURCE Edmunds

Lytx Offers Industry’s First Unassigned Drive Time Service, Saving Fleets Hours Per Day

SAN DIEGO, Jan. 21, 2021 /PRNewswire/ — Lytx®, a leading provider of machine vision- and artificial intelligence-powered video telematics, analytics, safety, compliance, and productivity solutions for commercial, public sector, and field service fleets, today released Lytx Unassigned Drive Time, a first-of-its-kind service designed to save fleets time, reduce labor costs, and improve regulatory compliance. The offering, available within Lytx Compliance Services, helps fleets easily…

SAN DIEGO, Jan. 21, 2021 /PRNewswire/ — Lytx®, a leading provider of machine vision- and artificial intelligence-powered video telematics, analytics, safety, compliance, and productivity solutions for commercial, public sector, and field service fleets, today released Lytx Unassigned Drive Time, a first-of-its-kind service designed to save fleets time, reduce labor costs, and improve regulatory compliance. The offering, available within Lytx Compliance Services, helps fleets easily identify, reconcile, and manage unassigned drive time through automatic reporting, driver assignments, and notifications, adding to Lytx portfolio of all-in-one fleet solutions.

Lytx Unassigned Drive Time simplifies the burden of managing unassigned vehicle movements in compliance with the Federal Motor Carrier Safety Administration’s (FMCSA) Electronic Logging Device (ELD) mandate, which states that any time a vehicle moves, a carrier must assign the time to the correct driver or note why a driver-to-vehicle assignment was not possible. Vehicle mileage and/or drive time that is not assigned to a driver, labeled «Unassigned Driving Time,» have been challenging for fleets to reconcile on their own and, if unaddressed, put carriers at risk for substantial fines.

«Managing these unassigned events is an added responsibility for both carriers and drivers, and one that cannot be ignored, as was the case prior to the ELD mandate,» said Lytx’s Senior Director of Compliance Services, Rick Walters. «We’ve seen a variety of our clients, across industries and fleet sizes, struggle to manage and reconcile their unassigned drive time. In an effort to offer solutions for all fleet needs, we developed the Lytx Unassigned Drive Time Service to save these fleets countless hours and help them free up in-house resources that can be redirected toward more complex, higher-value tasks, while reducing their exposure to risk, litigation outcomes and impacted safety ratings.»

With Lytx Unassigned Drive Time, Lytx accesses a fleet’s ELD data to run the unassigned driving time report and uses that information to determine a probable driver. An assignment notification is sent to the driver to accept; a decline triggers a notification to a manager for further investigation. An automatic report is generated and sent daily, which helps keep fleet managers informed and compliant.

NFI Industries Saves Two Hours a Day Per Fleet Manager with Lytx Unassigned Drive Time

NFI Industries, a fully integrated North American supply chain solutions provider with more than 4,200 drivers, deployed Lytx for its compliance needs in 2004 and has grown alongside the company over the last decade and a half. The company was looking for a solution to handle unassigned driver time at its various freight terminals across the country. Many times, the company’s fleet managers did not know if it was a driver or «spotter» at the terminal moving a truck or payload around between trailer pick-ups and drops, and there was a massive backlog that needed to be assigned.

«Anytime Lytx comes out with a new service, we jump at the opportunity to see how we can use it to improve compliance,» stated Julie Jones, director of safety compliance, NFI Industries.

«We immediately saw improved efficiencies with Lytx Unassigned Drive Time,» added Lee Robledo, vice president of safety compliance, regulatory and investigations, NFI Industries. «And now our managers save roughly two hours per day by not having to spend time investigating unassigned events and associating them with the appropriate drivers. It’s been invaluable.»

Staying on top of unassigned drive time and other compliance requirements has helped reduce the risk of regulatory fines and litigation exposure. With NFI’s full deployment of Lytx Compliance Service’s proactive alerts, detailed reporting, and automated workflows, NFI has saved valuable time and is able to monitor potential violations in real time.

«This has allowed us to address red flags, such as an HOS violation, immediately and proactively, giving us the chance to correct the violation,» Robledo noted. «And if we were to be audited, having Lytx Compliance Services in place gives us greater credibility with the auditor, as it shows we have systems in place to help us stay within compliance.»

About Lytx
Lytx is a leading provider of machine vision and artificial intelligence-powered video telematics, analytics, safety, compliance, and productivity solutions for commercial, public sector, and field service fleets. Our solutions harness the power of video to empower drivers and fleets to be safer and more efficient, productive and profitable so they can thrive in today’s competitive environment. Our customizable services and programs span driver safety, risk detection, fleet tracking, compliance, and fuel management. Using the world’s largest driving database of its kind, along with proprietary machine vision and artificial intelligence technology, we help protect and connect thousands of fleets and more than 1.3 million drivers worldwide. For more information on Lytx telematics systems, visit, www.lytx.com, @lytx on Twitter, LinkedIn, our Facebook page or our YouTube channel.

Contact:
Lytx

Megan Humphreys
412-398-1808
megan.humphreys@lytx.com

 

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SOURCE Lytx, Inc.

Start your engines, car fans: Hagerty launches a new season of exciting automotive shows on YouTube

TRAVERSE CITY, Mich., Jan. 21, 2021 /PRNewswire/ — Hagerty has launched a new season of shows for car fans on its popular YouTube channel, featuring a turbo-charged blend of old favorites like «Redline Rebuild» and «Chip Foose Draws a Car» and all-new shows hosted by car personalities like <span…

TRAVERSE CITY, Mich., Jan. 21, 2021 /PRNewswire/ — Hagerty has launched a new season of shows for car fans on its popular YouTube channel, featuring a turbo-charged blend of old favorites like «Redline Rebuild» and «Chip Foose Draws a Car» and all-new shows hosted by car personalities like Jason Cammisa, Magnus Walker and Ryan Symancek.

«Car fans will see more incredible car videos, more often,» said Larry Webster, senior vice president of Hagerty Media. «We have an exciting mix of familiar favorites with some intriguing new shows that people are really going to like. There’s something for every car interest.»

The Season 1 lineup of new shows includes:

Rated – A pro driver and a seasoned journalist hit the track with the most exciting new cars, diving deep into what makes these cars tick. Will the journalist and the hot shoe agree or disagree? Hosts include Leh Keen, Kevin Madsen, Robb Holland, Sam Smith, Zack Klapman, Parker Kligerman, Kim Coon, and more.

Jason Cammisa On The Icons – Untold stories of automotive legends: a visually stimulating and entertaining wiki video on why automotive icons became legends.

Know It All – A short-form, humorous, quick-take on any technical concept pertaining to owning, driving, engineering or talking about cars.

Revelations  A 20-minute, broadcast-quality visual and acoustic review of the most important cars of all time.

Next Big Thing with Magnus Walker – Enter into this 6-part series, where Magnus Walker, famed Urban Outlaw, dives into affordable and unappreciated classics and discovers the Next Big Thing. 

Rad Ventures – The age of fanny packs and stand-up jet skis was the pinnacle automotive era, at least in the eyes of our host, Ryan Symancek. With the help of Hagerty, Ryan revisits the icons of the era. In this 4-episode miniseries, he’ll examine stock variations of rad classics, and then put them head-to-head with a current performance version used today.

Buyers Guide – A reboot of a classic Hagerty series, we bring the most desirable vintage cars to life and give value information and helpful advice to anyone looking to purchase them.

Returning shows include:

Redline Rebuild – Host Davin Reckow works tirelessly in the shop bringing old engines to life. Each of these time-lapse videos represents thousands of photos and hundreds of man-hours in an attempt to celebrate the beauty of the internal combustion engine.

Chip Foose Draws a Car – From his hit TV show «Overhaulin'» to his award-winning hot rods, Foose is known throughout the car world for his unique style and attention to detail. Chip puts pen to paper and gives us a unique take on car design.

Catch up on the latest Season 1 shows from now through March 14. «The Barn Find Hunter,» featuring host Tom Cotter’s never-ending quest for hidden automotive gems, returns for Season 2, launching March 29. The Hagerty YouTube channel, which boasts 1.3 million subscribers, can be found at https://www.youtube.com/hagerty.

About Hagerty

Hagerty is an automotive lifestyle brand with a mission is keep driving alive for car lovers and drive positive change in the world. Hagerty is home to Hagerty Drivers Club, Hagerty DriveShare, Hagerty Valuation Tools, Hagerty Drivers Club magazine, Hagerty Media, MotorsportReg, Hagerty Garage + Social, the Greenwich Concours d’Elegance, the California Mille and more. Hagerty is the world’s largest provider of specialty insurance for enthusiast vehicles and supports keeping car culture alive through youth programs, the Historic Vehicle Association (HVA), the RPM Foundation and more. For more information, call (800) 922-4050 or visit www.hagerty.com.

Media Contact
Andrew Heller, aheller@hagerty.com, 231-632-1583
Bobby Hammelman, bhammelman@id-pr.com, 713-582-7576

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SOURCE Hagerty

sbe and World of Wonders Real Estate Development Announce Opening of SLS Dubai Hotel & Residences in Q2 2021

DUBAI, United Arab Emirates, Jan. 21, 2021 /PRNewswire/ — sbe, the leading lifestyle hospitality company that develops, manages and operates award-winning global brands, in collaboration with World of Wonders Real Estate Development, today announced SLS Dubai Hotel & Residences is set to welcome guests, residential, hotel and local alike, in the second quarter of 2021.

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DUBAI, United Arab Emirates, Jan. 21, 2021 /PRNewswire/ — sbe, the leading lifestyle hospitality company that develops, manages and operates award-winning global brands, in collaboration with World of Wonders Real Estate Development, today announced SLS Dubai Hotel & Residences is set to welcome guests, residential, hotel and local alike, in the second quarter of 2021.

The highly anticipated project soars 75 floors to the sky and is located in Downtown Dubai’s Burj Khalifa District. Split between 254 uniquely designed hotel rooms, 321 hotel apartments and 371 branded residences, the luxurious new hotel property is one of the tallest in the city.

SLS Dubai features sbe’s signature culinary concepts Fi’lia, authentic Italian restaurant, and Carna by Dario Cecchini, a contemporary steakhouse from the legendary butcher from Tuscany, Italy. S Bar, sbe’s mixology lounge is located in the lobby, as well as signature rooftop nightlife venue, Privilege. EllaMia is a sophisticated café that brings its dedicated Los Angeles-based coffee culture to Dubai and at 12 Chairs Caviar Bar, caviar takes centre stage, reserved for only 12 guests, to experience and indulge. A state-of-the-art Fitness Center, salon and the exclusive Ciel Spa will cater to guests’ beauty, wellness and fitness needs.

Chadi Farhat, Chief Operating Officer, sbe states: «We are excited to open our first SLS hotel in the Middle East in collaboration with Mehmet Nazif Gunal, Founder and Chairman of World of Wonders Real Estate Development, and his incredible team. We are excited to open our doors to Dubai’s diverse travellers and residents, welcoming them with the signature SLS style of luxury, hospitality and comfort. Naturally as a major destination for global travellers, Dubai was the ideal location for our next SLS hotel. Home to over six of sbe’s signature culinary and nightlife experiences, SLS Dubai will be the ultimate lifestyle destination in Dubai

Designed by acclaimed Dubai-based designer Paul Bishop, the interiors are sleek yet contemporary with unique artwork, accents and aesthetics that are at the very essence of the SLS brand. sbe subsidiary Dakota Development, led by President Joe Faust, provided original concept development and design management services for the luxury project.

The most jaw-dropping feature is located on the hotel’s rooftop, where two infinity pools (also being the highest in the world!) serve incomparable views of Dubai’s bright skyline.

SLS Dubai’s rooftop also features a day lounge, pool deck and nightlife venue, Privilege. Most notably, a premium steakhouse concept helmed by award-winning legendary butcher Dario Cecchini, Carna, occupies the 74th floor.

Guests will be greeted at the Sky Lobby on the 71st floor, complete with panoramic floor-to-ceiling windows and natural lighting. For those looking for Italian fare and flavours, head to Fi’lia on the 70th floor.

For relaxation, Ciel Spa, located on the 69th floor will feature 7 treatment rooms, steam rooms, experience showers, plunge pools, a salon and gym.

With a convenient location, great amenities and serious sense of luxury, SLS Dubai and its rooftop offering a 360-view of the city’s twinkling lights, is unparalleled. As soon as you step into its doors, you’ll have the constant feeling that something glamourous is about to happen.

SLS Dubai will mark the opening of the seventh SLS hotel, with seventeen additional trendsetting destinations across North America, South America, and Asia within the next five years, including SLS Cancun and SLS Puerto Madero in 2021. SLS has delivered an imaginative lifestyle hospitality experience with unmatched glamour, play, and leisure since 2008. SLS Dubai is a fundamental property within sbe’s portfolio which aims to grow 50 hotels nationally and internationally by the year 2021.

This success of SLS Dubai also speaks to the monumental growth of sbe’s residential platform with 1,300 branded residential units sold to-date, valued at $2 billion with another $2 billion more in the pipeline.

About sbe  
sbe is a leading lifestyle hospitality company that develops, manages and operates award-winning hotels, residences, restaurants and nightclubs. Through exclusive partnerships with cultural visionaries, sbe is devoted to creating extraordinary experiences throughout its proprietary brands with a commitment to authenticity, sophistication, mastery and innovation. Established in 2002 by Sam Nazarian and following the acquisition of the pioneer of boutique lifestyle hotels, Morgans Hotel Group in 2016, sbe has grown into an unparalleled global portfolio of lifestyle destinations. Accor, the world-leading augmented hospitality group, fully acquired sbe’s hotel brands in December 2020 after holding a 50% stake in the Company since 2018. With 28 hotels and over 200 global world-renowned culinary, nightlife and entertainment venues by the end of 2021, the company is uniquely positioned to offer a complete lifestyle experience – from nightlife, food and beverage and entertainment to hotels and residences, as well as its award-winning international real estate development subsidiary, Dakota Development. The company’s leading hotel and residential brands include SLS, Delano, Mondrian, Hyde, The House of Originals, The Redbury and internationally acclaimed culinary and nightlife concepts including Katsuya by Chef Katsuya Uechi, Cleo, Fi’lia, Carna and Bottega di Carna by Dario Cecchini, Leynia and Diez y Seis, Hyde, Skybar, Bond, Dandelyan, Blind Spot, Smoke & Mirrors and Privilege. sbe is a registered trademark of sbe Restaurant Group, LLC and is used under license.
To learn more, visit sbe.com

Media Contact:
Caitlin Sawyer
csawyer@quinn.pr

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/sbe-and-world-of-wonders-real-estate-development-announce-opening-of-sls-dubai-hotel–residences-in-q2-2021-301212182.html

SOURCE sbe

Airbnb Occupancy Soars as 1 Billion Hotel Rooms Stand Empty

LOS ANGELES, Jan. 21, 2021 /PRNewswire-PRWeb/ — According to Bloomberg, the 2020 festive period saw 1 billion hotel rooms unsold in the United States alone. That figure is, quite frankly, staggering. While…

LOS ANGELES, Jan. 21, 2021 /PRNewswire-PRWeb/ — According to Bloomberg, the 2020 festive period saw 1 billion hotel rooms unsold in the United States alone. That figure is, quite frankly, staggering. While the end of last year wasn’t great for the hotel industry, the short-term vacation rental market fared pretty well over the festive period.

In an article published on December 11, 2020, Bloomberg writer Patrick Clark said «This year has been anything but normal, and the extra 350 million unsold nights come at a heavy cost. Based on an average daily rate of $131, hotel owners have seen about $46 billion in lost revenue.»

We wanted to bring in the new year with a round-up of the top-performing counties and cities for short-term Airbnb rentals. This is just one example of the kind of in-depth data insights DPGO is capable of. We’re experts in local market data and what better way to prove it than to create a comprehensive report, detailing all the facts and figures from the top-performing counties and cities in North America.

We’ve arranged this list according to the average occupancy rate figures over the 2020 Christmas period. For your interest, we’ve also mentioned the average daily rate for those areas too.

Now let’s examine the Top 10 North American Cities/Counties, According to Occupancy Rate

According to our data, the counties with the highest occupancy rates are spread out across the North American continent. Our average occupancy rates are calculated by combining the occupancy rates of every property type.

And so, without further ado, the county with the highest occupancy rate is…

Maricopa, Arizona, US
Maricopa County in Arizona carries impressively high occupancy. As the metropolitan city of Phoenix falls under Maricopa County there was no real shock in seeing it on the list, but such high occupancy rates are always impressive. Maricopa’s average occupancy rate was 94.04% and the average daily rate was $91.84.

Miami-Dade, Florida, US
Next up is Miami-Dade, a giant of US counties as it is home to Miami central and Miami Beach – two hugely popular STR locations. The average occupancy rate in Miami-Dade was 93.46%, with an average daily rate of $125.72.

Maui, Hawaii, US
Well, there’s no surprise here – the holiday island of Hawaii is a logical feature on any top 10 Airbnb destinations. The average occupancy rate was 93.38% with an average daily rate of $199.41.

King County, Washington, US
Playing host to the behemoth city of Seattle, King County comes in with an average occupancy rate of 87.61% and an average daily rate of $85.61.

Whistler, British Columbia, Canada
Our first Canadian entry is an icon. The white ski slopes of Whistler are a huge hit in wintertime, and it’s no surprise! The average occupancy rate was 87.13% with an average daily rate of $350.82 – the highest daily rate on our list!

Harris, Texas, US
Next up is Harris County, US. As home to Houston, Pasadena, and Baytown, Harris plays host to thousands of Airbnb listings. The average occupancy rate in Harris County, Texas was 79.71%, with an average daily rate of $73.39.

Fulton County, Georgia, US
Atlanta is a very popular city for Airbnb rentals, in fact, it’s the 7th most popular! The average occupancy rate in Fulton County, Georgia was 79.60%, and the average daily rate was $100.09.

Los Angeles County, California, US
Los Angeles county comes in surprisingly low down on our top 10 list. The overall occupancy rate in Los Angeles County was 77.99% and the county’s associated average daily rate came in at $102.05.

Toronto, Ontario, Canada
Toronto is arguably one of the most popular cities in Canada, and with that stunning skyline, it’s almost expected. In Toronto, Ontario, the average occupancy rate over the festive period in 2020 was 61.73% and the average daily rate was $95.66.

Montréal, Québec, Canada
Last but certainly not least is the historic city of Montréal. Made of formerly independent cities, Montréal is a hugely popular tourist destination as it includes influences from a range of cultures and inspirations from various European cities. In Montréal, the average occupancy rate was 57.08% and the average daily rate was $76.41.

Ever wondered how the STR market in your city is performing? Find out by visiting the DPGO Markets page on our website, and see the aggregated data for your local market in real-time. Markets will show you a range of data relating to your STR location, including the average occupancy rate, average daily rate, market supply, minimum night stay, and more!

For more in-depth insights, register now with DPGO at http://www.dpgo.com and start dynamic pricing your Airbnb way to higher occupancy rates and revenue! We’re even offering a free 30-day trial, register now to get started!

Media Contact

Christine Brown, DPGO, +1 (310) 307-8090, christine.brown@dpgo.com

Christine Brown, DPGO, christine.brown@dpgo.com

 

SOURCE DPGO

Elgin Volkswagen offers variety of service specials for a limited time

ELGIN, Ill., Jan. 21, 2021 /PRNewswire-PRWeb/ — Elgin Volkswagen, a dealership serving Elgin and the entire surrounding region, is currently offering a variety of service coupons. The offers provided give Elgin-area drivers the opportunity to save money while getting maintenance and service performed on their vehicle. The dealership is also providing discounts on official Volkswagen gear and accessories.

To take advantage of…

ELGIN, Ill., Jan. 21, 2021 /PRNewswire-PRWeb/ — Elgin Volkswagen, a dealership serving Elgin and the entire surrounding region, is currently offering a variety of service coupons. The offers provided give Elgin-area drivers the opportunity to save money while getting maintenance and service performed on their vehicle. The dealership is also providing discounts on official Volkswagen gear and accessories.

To take advantage of any of the service offers, individuals are instructed to print off the coupons from the dealership’s service specials webpage and bring them in. Those interested should plan to head to the dealership within the next two months; current service coupons are slated to expire on March 31.

Offers include the opportunity for customers to get an oil and filter change for $89.95. This procedure includes an oil and filter change utilizing up to five quarts of synthetic motor oil, along with a complimentary multi-point inspection.

Those interested in official Volkswagen Accessories can save by utilizing a coupon that grants a 15% discount on such items. Official accessories from the automaker include oft-desired gizmos such as roof racks, Monster Mats®, alloy wheels, styling kits, shift knobs, spoilers and more. Prospective customers may rest assured that the spoilers in question refer to the type utilized on vehicles to provide a sporty touch and not the untimely reveal of key plot points or secretive information in media.

Other current service coupons available to use at the Elgin Volkswagen service center include:

  • $20 off brake pad replacement per axle
  • No charge battery test
  • No charge tire rotation
  • Volkswagen Tire Store Price Match Guarantee
  • 20% off a VW DriverGear purchase (no minimum purchase required) with applicable promo code
  • Sirius XM: $5/month for 12 months with a new Select subscription
  • No charge wiper blade installation with the purchase of a new set of Genuine Volkswagen Wiper Blades

Those interested in the above service coupons are encouraged to check out the Elgin Volkswagen website at http://www.elginvw.com. The dealership can also be contacted by a phone with a call to 847-428-2000. While many of the dealership’s services can be safely accessed online, those who wear a mask and follow social distancing guidelines may head to the physical location itself at 2630 Auto Mall Drive, Elgin.

Media Contact

Chris Moran, Elgin Volkswagen, 877-797-6424, cmoran@elginvw.com

 

SOURCE Elgin Volkswagen

Dodge Durango SRT Hellcat Orders Full

AUBURN HILLS, Mich., Jan. 21, 2021 /PRNewswire/ — 

AUBURN HILLS, Mich., Jan. 21, 2021 /PRNewswire/ — 

  • Dodge Durango SRT Hellcat will be built only for the 2021 model year
  • The most powerful SUV ever, the Durango SRT Hellcat delivers 710 horsepower and 645 lb.-ft. of torque from the proven supercharged 6.2-liter HEMI® Hellcat V-8 engine paired with the quick-shifting TorqueFlite 8HP95 eight-speed automatic transmission 
    • The Durango SRT Hellcat has a 0-60 miles per hour (mph) time of 3.5 seconds, a quarter-mile elapsed time of 11.5 seconds as certified by the National Hot Rod Association (NHRA) and a top speed of 180 mph
  • Durango has best-in-class towing capacity across its lineup: 
    • The supercharged 6.2-liter HEMI Hellcat V-8, legendary 392-cubic-inch HEMI V-8 engine and classic 5.7-liter HEMI V-8 with the Tow N Go Package outhaul every full-size, three-row SUV on the road, with a towing capability of 8,700 lbs.
    • The award-winning 3.6-liter Pentastar V-6 engine has a towing capability of 6,200 lbs.
  • New Dodge Durango SRT Hellcat buyers receive a full day of professional instruction at Bondurant High Performance Driving School in Chandler, Arizona

The new 2021 Dodge Durango SRT Hellcat goes fast, both literally and figuratively. After opening for orders in November, Durango SRT Hellcat production is officially sold out.

Although Dodge has closed new customer orders, a small number of dealer-allocated units will be available for a limited time. Dodge will build a total of 2,000 2021 Durango SRT Hellcats.

«The 2021 Durango Hellcat is only a single model-year run, ensuring that it will be a very special, sought-after performance SUV for years to come,» said Tim Kuniskis, Dodge Brand and Interim Chrysler Brand Chief Executive Officer – Stellantis. «Based on anticipated demand, all dealer allocations have already been reserved, but there is still some time to secure an unsold dealer order.»

The most powerful SUV ever is exclusively available for the 2021 model year and comes with a starting U.S. manufacturer’s suggested retail price (MSRP) of $80,995 (excluding $1,495 destination).

The Dodge Durango is coming off of a successful 2020 with the new 2021 Durango being crowned the SUV of Texas, as well as Full-size SUV of Texas for the sixth time by the Texas Auto Writers Association (TAWA).

The Durango SRT Hellcat is the most powerful SUV ever, delivering 710 horsepower and 645 lb.-ft. of torque from the proven supercharged 6.2-liter HEMI® Hellcat V-8 engine paired with the quick-shifting TorqueFlite 8HP95 eight-speed automatic transmission. The Durango SRT Hellcat has a 0-60 miles per hour (mph) time of 3.5 seconds, a quarter-mile elapsed time of 11.5 seconds as certified by the National Hot Rod Association (NHRA) and a top speed of 180 mph.

No SUV in the world can tow more or carry more with a faster quarter-mile time than the Durango SRT Hellcat

The Durango has best-in-class towing capacity across its lineup. The supercharged 6.2-liter HEMI Hellcat V-8, legendary 392-cubic-inch HEMI V-8 and classic 5.7-liter HEMI V-8 with the Tow N Go Package outhaul every full-size, three-row SUV on the road, with a towing capability of 8,700 lbs. The award-winning 3.6-liter Pentastar V-6 engine has a towing capability of 6,200 lbs.

A full day of professional instruction at Bondurant High Performance Driving School

Dodge is the official sponsor of the Bondurant High Performance Driving School in Chandler, Arizona, where guests get behind the wheels of the fastest street-legal cars in the world with professional instruction and time on the track. Customers who buy a new SRT model, including the new Dodge Durango SRT Hellcat, receive one full-day session as part of the Dodge//SRT Package and have the opportunity to learn how to get the optimum performance from their new vehicles in a controlled environment. For more information, visit dodgegarage.com/track-experience.

2021 Dodge Durango Lineup

Dodge Durango, the ultimate «no-compromise» SUV and the Charger of the three-row SUV segment, raises the bar for 2021 with new aggressive exterior styling, a new interior with a Challenger-inspired cockpit and more performance than ever with six distinct models – SXT, GT, Citadel, R/T, SRT 392 and the new 710-horsepower Dodge Durango SRT Hellcat – the most powerful SUV ever.

The Challenger and Charger muscle car exteriors are reflected in the Durango’s new, aggressive exterior, which features a new front fascia, LED low/high projector headlamps, LED daytime running lamp (DRL) signatures, grille, rear spoiler and wheels.

The Durango interior is significantly upgraded for the 2021 model year with a new performance-inspired cockpit, including a redesigned instrument panel, center console and front doors, and five-times-faster Uconnect 5 with the largest-in-class available 10.1-inch touchscreen. With all of the updates, the interior feels more driver-oriented, modern and refined than the outgoing model.

The new Tow N Go Package on the 2021 Durango R/T AWD leverages its 5.7-liter HEMI V-8 engine performance, SRT’s menacing looks, unmatched best-in-class towing of 8,700 pounds, an improved top speed of 145 mph, Track, Sport, Snow and Tow drive modes and SRT-tuned performance exhaust with an iconic Dodge exhaust rumble.

The 2021 Durango Citadel is the all-in luxury trim of the Durango lineup, delivering many premium features as standard equipment, including heated and ventilated Nappa leather driver and passenger seats, the full suite of safety features and more. The Citadel offers two powertrain options, both of which include class IV towing with integrated trailer brake as standard equipment:

  • The award-winning 3.6-liter Pentastar V-6 engine, rated at up to 295 horsepower and 260 lb.-ft. of torque, and 6,200 lbs. towing capacity is standard
  • The classic 5.7-liter HEMI V-8 engine, available on the Citadel, produces a best-in-class 360 horsepower and 390 lb.-ft. of torque with 7,200 lbs. towing capacity

As the industry’s only three-row muscle car, the Durango maintains its claim of being a family-friendly SUV with available seating for up to seven, standard Dodge muscle car attitude and the capability of best-in-class towing leadership at every trim level.

Dodge//SRT

For more than 100 years, the Dodge brand has carried on the spirit of brothers John and Horace Dodge. Their influence continues today as Dodge shifts into high gear with muscle cars and SUVs that deliver unrivaled performance in each of the segments where they compete.

2021 marks the year that Dodge is distilled into a pure performance brand, offering Hellcat-powered, 700-plus-horsepower SRT versions of every model across the lineup. For the 2021 model year, Dodge delivers the drag-strip dominating 807-horsepower Dodge Challenger SRT Super Stock, the new 797-horsepower Dodge Charger SRT Redeye, the most powerful and fastest mass-produced sedan in the world, and the new 710-horsepower Dodge Durango SRT Hellcat, the most powerful SUV ever. Combined, these three muscle cars make Dodge the industry’s most powerful brand, offering more horsepower than any other American brand across its entire lineup.

In 2020, Dodge was named the «#1 Brand in Initial Quality,» making it the first domestic brand ever to rank No. 1 in the J.D. Power Initial Quality Study (IQS). The Dodge brand also ranked No. 1 in the J.D. Power APEAL Study (mass market). These results are historic because it marks the first time a domestic brand has earned top spots in both J.D. Power studies in the same year.

Dodge is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.

Follow Dodge and company news and video on:

Company blog: http://blog.stellantisnorthamerica.com
Media website: http://media.stellantisnorthamerica.com
Dodge brand: www.dodge.com
DodgeGarage: www.dodgegarage.com
Facebook: www.facebook.com/dodge
Instagram: www.instagram.com/dodgeofficial
Twitter: www.twitter.com/dodge
YouTube: www.youtube.com/dodge, https://www.youtube.com/StellantisNA

For more information, please visit the Stellantis North America media site at https://media.stellantisnorthamerica.com/ 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/dodge-durango-srt-hellcat-orders-full-301212606.html

SOURCE Stellantis