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Hyphen Solutions Acquires Chameleon Power

February 2, 2022 By Business Wire

The first mover in “upload your own photo” for visualizers, design center selections, option sales, home personalization, and recognized leader in color benchmarking

DALLAS–(BUSINESS WIRE)–#customhomebuilders—Hyphen Solutions announced that it has acquired all of the assets of Chameleon Power, which includes web visualizers, photo upload tools, 3D, VR, AR home renderings and visual product configurators. Hyphen Solutions has also acquired the host of color tools designed to give end-users accurate representations of exact colors regardless of the presentation platform, such as print, mobile or PC. These Home Builder visualization tools have been used by hundreds of companies within the residential construction industry. Verticals served by these residential construction tools include Suppliers, Contractors and Trades such as: painters, windows, doors, decking, brick, tile, home exteriors, design, railing, pavers, patio, kitchen design, roofers and wall panel design. This acquisition helps Hyphen Solutions better serve the entire supply chain to include Home Builders, Suppliers, Contractors, Remodelers, Manufacturers and Distributors.

Felix Vasquez, CEO of Hyphen Solutions, said, “We are constantly looking for winning software to combine with our platform to maximize the efficiencies between Builders and their Suppliers. With this acquisition, we can provide Builders with software that will let allow their customers’ homes to be completely personalized with the homeowners’ actual selections for lighting, plumbing, appliances, paint selections, roofing, exterior and almost every other selection you can imagine. Buyers can see the home they are actually buying and experience it as they have designed it. With our AR technology, they can even see the home on their lot and experience the home in its actual setting. All of the homeowners’ selections will integrate with Hyphen Solutions’ Builder Product Suite to include CRM, scheduling, warranty management and ERP solutions so that trade partners know exactly what to deliver down to the SKU and location.”

Go Where The Customer Is

Dan Dempsey, CEO of Chameleon Power, noted, “Our technology allows prospects to share their preferred choices of lots, plans, colors and designs with friends and family while providing the Builder with keen insights into buyer behaviors. Our tools shorten the time spent by homebuyers in the design center by as much as 75%, reduce buyer anxiety, while improving the overall customer journey for all parties.”

The full power of Hyphen Solutions’ newest acquisition of Home Building virtual design software can be seen in person by visiting Hyphen’s Booth W6771 or Chameleon Power’s Booth W6382 at the NAHB International Builders Show. Join the Hyphen team in Orlando from February 8-10 for a free demonstration of how Hyphen Solutions and Chameleon Power deliver a seamless customer journey for your clients while improving profitability and communication with trade partners.

Explore Chameleon Power online at www.chameleonpower.com or contact the Hyphen experts to answer your questions and schedule a personal demo.

About Hyphen Solutions

Twenty-one of the top 26 North American Home Builders trust Hyphen Solutions as a reliable software in the residential construction management industry. Hyphen’s software-as-a-service delivers greater operational control, better communication, lower costs and increased productivity for Home Builders, Contractors and Suppliers. Over 14,500 Supplier companies across the United States and Canada subscribe to Hyphen’s comprehensive Home Builder and Supply Chain solutions, making the company the leading cloud-based residential construction management software provider. The Hyphen Network serves 570 builder divisions. In 2020, the system helped manage nearly 300,000 new home construction projects. Visit www.hyphensolutions.com to learn more about the collaborative platform.

Contacts

Payton Bowen, Corporate Marketing Manager, Hyphen Solutions

972-728-8442 direct | 972-728-8100 main

VendorPM Secures Bessemer-led Funding to Build a Digital Marketplace for Vendors and Property Managers

February 2, 2022 By Business Wire

Canadian Proptech Startup Begins Aggressive Expansion Into the US Market

TORONTO–(BUSINESS WIRE)–VendorPM, a software-enabled marketplace that modernizes the way property managers manage, source and procure service vendors, announced its $6 million seed round, led by Bessemer Venture Partners as well as leading proptech and real estate investors. This investment will support VendorPM’s continued product innovation, hiring of exceptional talent, as well as expansion plans into targeted growth markets across the US.

Property managers in North America spend over $400 billion to service their buildings each year but still rely on old-school methods such as email, excel spreadsheets and word-of-mouth. This is highly inefficient for property managers and leaves head-office with limited visibility and control. The first to truly modernize the workflow, VendorPM’s SaaS tool bridges the gap via its centralized platform, allowing property management companies to streamline and organize vendor data and operations.

The company currently manages a two-sided marketplace across Canada in support of both property managers and service vendors. Thousands of property managers turn to VendorPM to organize all aspects of their vendor relationships and resources, while vendors use the platform to market their services and provide quotations and proposals. The platform supports 400+ building services across maintenance, operations, capital expenditures and professional services.

In less than 2 years, VendorPM has seen 20x revenue growth, and has rapidly scaled its business to cover more than 5,000 buildings, 30,000 vendors and 100 property management firms, including notable relationships with BentallGreenOak, Cushman & Wakefield | Stevenson, and Avison Young.

“For property managers, working with vendors is still highly manual and inefficient. VendorPM is on a mission to modernize vendor management, sourcing and procurement through a consolidated marketplace,” said Emiel Bril, CEO of VendorPM. “We are thrilled to be partnering with the team at Bessemer to expand from Canada into the US while continuing to build the best-in-class vendor technology for property management.”

“We’re excited to partner with VendorPM to help drive their continued expansion into important new markets ripe for this crucial technology, especially as the world begins to recalibrate post-pandemic,” said Mike Droesch, Partner at Bessemer Venture Partners. “We were impressed with the product that VendorPM is already delivering to their customers across Canada, and we look forward to further elevating them on their mission of empowering property managers and vendors to build better relationships through data and transparency.”

About VendorPM

VendorPM improves the way property management companies work with service vendors. We do this by improving day-to-day efficiency for site staff while enhancing visibility and control for head office across 4 core functions: vendor management, sourcing, procurement and compliance. In less than 2 years, VendorPM supports over 5,000 buildings and 30,000 vendors and is rapidly expanding into new markets across Canada and the USA.

About Bessemer Venture Partners

BVP helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has $9 billion of capital under management. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

Contacts

Media:

Jason Kerkhof

Marketing Manager

jkerkhof@vendorpm.com
647-627-9771

Nichiha Expands its Concrete Series Architectural Wall Panels with Corbosa

February 2, 2022 By Business Wire

The Company Enhances its Line of Products with a new Industrial Design

JOHNS CREEK, Ga.–(BUSINESS WIRE)–Nichiha USA, a leading provider of innovative building material solutions, announced the debut of Corbosa—the newest addition to its Concrete Series line of fiber cement cladding products.


Taking the Look of Concrete to Unexpected Places

Inspired by the iconic architect Le Corbusier, Corbosa takes cues from his modern concrete designs. Available in two bold colors—Moondust and Shadow—Corbosa mimics the industrial look of wet concrete without the mess or expenses associated with traditional masonry. Corbosa comes in a 6-foot panel for horizontal applications and will be available to order in April.

The industrial architecture style employs a minimalist approach with clean lines, polished surfaces and the use of industrial materials such as concrete. Recently, concrete has seen a boost in popularity in the architectural community, especially in urban areas. Architects use concrete in everything from commercial projects, to multifamily housing or even as accents on modern single-family homes. Corbosa gives architects the concrete look they’re after in an easy-to-install and maintain panel.

“With the addition of Corbosa to our Concrete Series, customers now have even more options to get the modern, industrial style they’re after while enjoying the benefits of our architectural wall panels,” said Jason Monday, vice president of sales and marketing at Nichiha. “They won’t have to worry about their cladding cracking, rotting or fading, and they will have the convenience of installing Corbosa in any weather condition.”

Other products in the Concrete Series include: IndustrialBlock with a distressed concrete design and EmpireBlock, which features a unique dimple that enhances its modern style.

About Nichiha USA

Nichiha USA, a subsidiary of Nichiha Corporation, is a leading manufacturer of high-functioning cladding for commercial and residential building applications. Founded in Japan in 1956, Nichiha now employs over 2800 employees at 13 locations worldwide. Nichiha creates long-term value for architects, builders and contractors through building material solutions that are durable and available in a breadth of colors, styles and textures, with customized support to meet any specification and help customers get the most out of their projects. To learn more, visit www.nichiha.com.

Contacts

For more information contact:

Renée Lyn

(470) 539-8590

rlyn@nichiha.com

Real Matters Announces Election of Directors

February 1, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services platform for the mortgage and insurance industries, today announced that all of the nominees listed in Real Matters’ management information circular dated December 13, 2021, were elected as directors of Real Matters. The detailed results of the vote for the election of directors held at Real Matters’ Annual General Meeting of common shareholders are set out below:

Each of the following eight nominees proposed by management was elected as a director of Real Matters:

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Garry Foster

50,178,609

99.92%

42,678

0.08%

William Holland

48,575,365

96.72%

1,645,922

3.28%

Brian Lang

50,043,224

99.65%

178,063

0.35%

Karen Martin

50,206,486

99.97%

14,801

0.03%

Frank McMahon

50,180,294

99.92%

40,993

0.08%

Lisa Melchior

48,574,327

96.72%

1,646,960

3.28%

Jason Smith

50,034,469

99.63%

186,818

0.37%

Peter Vukanovich

48,193,529

95.96%

2,027,758

4.04%

Final voting results on all matters voted on at the Annual General Meeting of common shareholders held earlier today will be published shortly on www.realmatters.com, and filed with the Canadian securities regulators.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY), Middletown (RI) and Scottsdale (AZ). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

Infinitum Electric Introduces Ultra High-Efficiency Motors for the Canadian Market

February 1, 2022 By Business Wire

Air-core motors purpose-built for Canada deliver breakthrough efficiencies and simplify design for HVAC fan, pump and general purpose applications

LAS VEGAS–(BUSINESS WIRE)–Infinitum Electric, creator of the breakthrough air-core motor, today announced at the 2022 AHR Expo a new product line specifically built to support Canadian HVAC fan, pump and general purpose applications.


The new product line is an extension of Infinitum Electric’s IEs Series motors and will be available in the 575V, 5-15 horsepower range in 2H 2022. With the addition of the Canadian products, Infinitum Electric is delivering the most comprehensive range of power and frame sizes for the North American HVAC market. The IEs Series offers 10 percent more efficiency and IoT capabilities in a package that is 50 percent lighter and smaller, and significantly quieter than traditional motors.

To date, Canadian HVAC applications requiring 575V power have largely relied on suboptimal motor configurations due to a lack of focus on the specific needs of the Canadian market. HVAC applications have therefore used either an EC motor and a transformer to convert power, which adds costs and reduces overall efficiency, or a conventional, lower efficiency AC induction motor and VFD.

“Having a motor designed specifically for Canada greatly simplifies our engineering process and will ultimately help us deliver better products,” said Larry Hopkins, chief technology officer, XNRGY. “Infinitum Electric’s integrated motor and VFD gives us the breakthrough levels of efficiency our customers want, while its smaller size and light weight open new possibilities for our development team.”

“Infinitum Electric’s advancements in motor efficiency have the potential to spur innovation and reduce energy demand in Canadian HVAC and pump applications,” said Ivan Campos, research analyst, Omdia. “As supply chain issues continue, Infinitum Electric’s simple motor design, materials and PCB stator technology make it easier to source, produce and assemble motors close to their target market, reducing lead times.”

“We’re excited to expand our footprint and bring our proven IEs Series product line to Canada,” said Ben Schuler, founder and chief executive officer, Infinitum Electric. “We look forward to working with product manufacturers who are looking to achieve new levels of sustainability for fan, pump and general purpose applications.”

Infinitum Electric is exhibiting its full range of motors for HVAC fan and pump applications during the AHR Expo in Las Vegas Jan. 31-Feb. 2, 2022 at booth C6103, where attendees will be able to speak with company experts on designing products for greater efficiency, reliability and productivity.

About Infinitum Electric

Infinitum Electric has raised the bar for a new generation of motor that is better for the planet and people. The company’s patented air-core motors offer superior performance in half the weight and size, at a fraction of the carbon footprint of traditional motors, making them pound for pound the most efficient in the world. Infinitum Electric motors open up sustainable design possibilities for the machines we rely on to be smaller, lighter and quieter, improving our quality of life while also saving energy. Based in Austin, Texas, Infinitum Electric is led by a team of industry experts and pioneers. To learn more, visit www.infinitumelectric.com.

Contacts

Media Contact:
Erin Gilmore

Activate PR + Marketing on behalf of Infinitum Electric

egilmore@activateprmktg.com
512-466-4559

Westlake Royal Building Products™ Debuts New Brand and Roofing Lines at 2022 International Roofing Expo

February 1, 2022 By Business Wire

New Brand Brings Together Boral® North America Roofing and DaVinci® Roofscapes Lines Into Industry-Leading, Comprehensive Roofing Solutions Offering

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™ unveils Westlake Royal Roofing™, one of six dynamic product solutions launched as part of a total brand transformation, at the 2022 International Roofing Expo (IRE), February 1-3 in New Orleans, Louisiana.

Westlake Royal Roofing brings together the portfolios of the former Boral® North America roofing and DaVinci® Roofscapes lines, both strategic acquisitions for Westlake Royal Building Products USA Inc., and its parent company, Westlake, during the past three years.

“The 2022 IRE show marks the first time we are coming together as Westlake Royal Building Products,” says Steve Booz, vice president of marketing for Westlake Royal Building Products. “As a leading supplier of clay, concrete, steel, and composite roofing, Westlake Royal is well-positioned to serve contractors, customers, and homeowners throughout North America.”

Westlake Royal introduces its rebranded clay, concrete, steel, and roofing components product lines, along with two new high-performance roof underlayment solutions, in booth #1713, including:

  • US Tile® products, a legacy line of premium, stunning clay tile solutions manufactured to the highest standard of sustainability and craftsmanship (formerly known as US Tile® by Boral).
  • Newpoint™ Concrete Tile Roofing, the enduring line of concrete tile known for its superior strength, Class A fire rating and long-lasting beauty (formerly known as Boral Concrete Roofing Tile).
  • Unified Steel™ Stone Coated Roofing, the ultra-lightweight roofing system, which benefits from the structural strength of steel (formerly known as Boral Steel – Stone Coated Roofing).
  • Westlake Royal Roofing Components™, a full line of integrated roof components designed to deliver a higher standard of roof installation and performance (formerly known as Boral Roof System Components).

New from Westlake Royal:

  • SwiftGuard™ is a high-performance synthetic roof underlayment providing durable, all-weather protection from the elements and is ideal for use with all steep-slope roofing materials including tile, steel and shingles, as well as natural and composite slates and shakes. SwiftGuard™ includes innovative, patented nail gasketing technology, a high-grip backing and non-woven thermally embossed fiber face for increased deck grab and superior walkability.
  • Sol-R-Skin™ BLUE; Highly durable and easy to install, Sol-R-Skin BLUE provides three key solutions–as a waterproofing layer, an energy-saving radiant barrier, and as an insulation blanket. It is suitable for use under nearly all steep-sloped roofing materials and can be applied in any climate and at any temperature. Sol-R-Skin™ BLUE is UV-resistant, boasts an anti-glare coating in cool blue, and offers Class A rated fire resistance when applied with stone-coated steel, concrete, and clay tile roof systems.

“These underlayments act as critical accompaniments to our clay, concrete, steel and composite roofing systems, improving weather resiliency, efficiency and extending the life of the roof overall,” says Eric Miller, vice president of sales and marketing for Westlake Royal Roofing.

Westlake Royal also features its DaVinci Roofscapes Composite Slate and Shake products in booth #1737, including:

  • DaVinci Multi-Width Slate – These state-of-the-art tiles create enduring beauty on a home or commercial project. The ½-inch tiles are available in 12-, 10-, 9-, 7- and 6-inch widths and can be installed at 6-, 7-, 7-1/2, and 8-inch exposures.
  • DaVinci Single-Width Slate – DaVinci Single-Width Slate tiles are 12” wide with a half-inch thickness. Modeled from actual slate for natural, non-repeating beauty, the tiles can be installed in straight or staggered positioning at 6-, 7-, 7-1/2, and 8-inch exposure.
  • DaVinci Select Shake – Taken from natural wood profiles, molds recreate 5/8-inch-thick traditional shake profiles with 8- and 10-inch widths. 10-inch pieces have a simulated keyway, giving the look of 4- and 6-inch shakes to create a multi-width appearance.
  • DaVinci Multi-Width Shake – Duplicating the profiles of real cedar, DaVinci Multi-Width Shake composite tiles have the advantages of color stability and resistance to fading, rotting, cracking and pests. The 5/8-inch-thick tiles are available in 9-, 8-, 7-, 6-, and 4-inch widths to create a realistic, natural-looking cedar shake roof.
  • DaVinci Hand-Split Shake Siding – Featuring the appearance of authentic cedar shakes and will not deteriorate like real wood. Just as attractive as real cedar, the individual tile pieces will not curl, cup or split like real cedar.

To explore the full suite of Westlake Royal Roofing’s concrete, clay, steel, composite and components roofing solutions, including SwiftGuard and Sol-R-Skin BLUE, visit WestlakeRoyalRoofing.com.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Ann Iten

ann.iten@westlake.net

Wendy Bruch

wbruch@davinciroofscapes.com

Tokens.com Purchases Premium Waterfront Real Estate in the Somnium Space Metaverse

January 31, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in crypto assets linked to the Metaverse, Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and Play-to-Earn Gaming (“P2E”), is pleased to announce that its subsidiary, Metaverse Group, has purchased four extra large premium virtual waterfront parcels in the Somnium Space metaverse.

The premium waterfront parcels diversify Metaverse Group’s eight-figure real estate portfolio across several metaverses. The virtual real estate provides new opportunities for brands to connect with new audiences and showcase their ecommerce offerings in the metaverse. Metaverse Group’s additional parcel purchases continue to solidify its position as leading metaverse real estate owners and developers.

“We are diversifying our virtual land holdings to make navigating the metaverse more accessible to brands beginning or expanding their metaverse marketing strategies,” commented Tokens.com CEO, Andrew Kiguel. “In addition, we are working to democratize all Web3 assets, making them available to the public in liquid form through our publicly traded shares. Tokens.com continues to be one of the only publicly traded companies offering such an extensive and diverse portfolio of crypto assets including the metaverse, P2E Gaming, NFTs, DeFi and staking.”

Metaverse Group’s newly acquired premium parcels were strategically chosen due to their high retail value, given that they are positioned on exclusive waterfront. Much like property in the physical world, virtual lots that are positioned near water hold a higher value than those inland. Metaverse Group owns a total of 11 parcels positioned on waterfront and inland equivalent to 18,000 sq feet purchased for 58,000 CUBE, the Somnium Space native currency. Parties interested in virtual land parcels can contact landsales@metaversegroup.com.

Somnium Space is a virtual reality (VR) world built on the Ethereum blockchain. An open-source platform, Somnium Space allows users to buy digital land, homes, buildings, and myriad in-game assets of value in its online multiverse. Somnium space is compatible with Oculus Quest, a virtual reality headset. Somnium Space gained significant attention in 2021 when Tyler and Cameron Winklevoss joined the project as official advisors and made an investment through the Gemini Frontier Fund.

About Tokens.com

Tokens.com Corp is a publicly traded Web3 company that owns an inventory of Metaverse, P2E, DeFi and NFT based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in Play-to-Earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and skates crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

For further information please visit Tokens.com

Keep up-to-date on Tokens.com developments and join our online communities at Twitter, LinkedIn, and YouTube.

About Metaverse Group

The Metaverse Group is a vertically integrated NFT based metaverse real estate company. The group, with its global headquarters in Decentraland’s Crypto Valley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media Contact: Ryleigh Ebron – Talk Shop Media

Email: ryleigh@talkshopmedia.com

Dream Announces the Creation of the Dream Community Foundation

January 28, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM UNLIMITED CORP. (TSX:DRM) (“Dream”) today announced the creation of the Dream Community Foundation (the “Foundation”), a non-profit organization dedicated to improving the well-being of individuals, families, and neighbourhoods across Canada. In conjunction with Dream, the Dream Community Foundation will support and expand Dream’s overall impact mandate with a specific focus on building inclusive communities through resident and community benefits and programming that go above and beyond traditional property management.

The Foundation will be supported by a seed commitment of $25 million from the Cooper family, which will be donated over the next five years, continuing the Cooper family’s commitment to building more inclusive communities. As one of Canada’s most innovative real estate companies, Dream is focused on developing and operating properties by incorporating affordable and attainable housing, fostering inclusivity, and managing resource efficiency, while pursuing sustainable market returns.

“Over the past few years, Dream has made significant strides in creating low carbon, affordable and attainable communities in Canada, including Zibi, the West Don Lands and our recent multi-family acquisitions including Weston Common and 9 other apartment buildings,” said Michael Cooper, Founder of the Dream Group of Companies. “Now, with the Dream Community Foundation, we can build on Dream’s impact goals and co-create with residents in neighbourhoods across the country to make these communities more inclusive.”

Working in partnership with the Dream Group of Companies (collectively Dream Unlimited Corp., Dream Impact Trust, Dream Impact Fund, and Dream Office REIT) as well as existing registered charities, local community organizations and non-profits, the Foundation will support existing initiatives and programs, in addition to creating its own. These initiatives and programs will focus on four pillars: Affordable Living, Health & Wellness, Education & Skills, and Culture & Belonging. Together with residents and local stakeholders in the community, the Foundation will develop inclusive programming and services.

The Foundation held its first event, a three-day multicultural holiday celebration at Dream’s Weston Common, in partnership with the Weston Village Business Improvement Area and Artscape Weston Common. The event highlighted various winter holidays celebrated in the community, including Kwanzaa, Diwali, Hanukkah, Christmas, and Lunar New Year, welcoming over 600 residents. Further programming and partnerships will be developed based on residents’ feedback and expanded to other communities through 2022 and 2023.

In Ottawa, the Foundation will also be working with a local affordable housing partner to provide on-site community programming and support to residents of the LeBreton Flats Library Parcel development. Programming will be delivered to further community well-being for all tenants in affordable units and rental units to foster a thriving and resilient community. Programming will specifically be geared towards Indigenous peoples, veterans, new immigrants, women and children, and adults with cognitive disabilities.

“We’re incredibly excited by the opportunity to make a real difference in communities like Weston Common,” said Krystal Koo, Chair of the Board of the Dream Community Foundation. “By investing in artistic, educational, and food security-based programs and services, we hope to strengthen community bonds and improve health outcomes.”

The Dream Community Foundation’s work will be assessed in line with Dream’s impact Management Framework, with a focus on alignment with the United Nations Sustainable Development Goals. In addition, the Foundation will add assessment through the lens of the World Health Organization’s Social Determinants of Health. These reflect the socioeconomic and cultural conditions that contribute to health and well-being beyond pure healthcare access and quality. The Foundation will also subject itself to Charity Intelligence Canada’s Social Impact Ratings system to ensure meaningful, quantifiable, and accountable impact metrics on an organization-wide basis. The Foundation will produce an annual report summarizing how its programs and services have delivered on these metrics.

The Foundation is currently incorporated federally as a not-for-profit corporation and is in the process of seeking to become a registered charity.

For more information, visit our website.

About Dream Unlimited Corp.

Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $13 billion of assets under management across three Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For further information please visit www.dream.ca.

Contacts

Dream Unlimited Corp.
Krystal Koo

Chair, Dream Community Foundation Board

(416) 365-3535

kkoo@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Dream Office REIT Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) will be releasing its financial results for the quarter ended December 31, 2021, on Thursday, February 17, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

 

Date:

Friday, February 18, 2022 at 10:00 a.m. (ET)

Dial:

For Canada please dial: 1-888-465-5079

 

For International please dial: 416-216-4169

Passcode:

9160 842#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Office REIT’s website at www.dreamofficereit.ca and click on Calendar of Events in the News and Events section.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with approximately 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

Dream Industrial REIT Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (DIR.UN – TSX) will be releasing its financial results for the quarter ended December 31, 2021, on Tuesday, February 15, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

Date:

 

Wednesday, February 16, 2022 at 11:00 a.m. (ET)

Dial:

 

For Canada please dial: 1-888-465-5079

 

 

For International please dial: 416-216-4169

Passcode:

 

7492 345#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section.

Webcast:

To access the conference call via webcast, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 221 industrial assets (326 buildings) comprising approximately 39.8 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT
Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

Dream Impact Trust Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream MPCT” or the “Trust”) will be releasing its financial results for the quarter ended December 31, 2021, on Monday, February 14, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

Date: Tuesday, February 15, 2022 at 1:00 p.m. (ET)
Dial: For Canada please dial: 1-888-465-5079
For International please dial: 416-216-4169
Passcode: 6678 364#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Impact Trust’s website at www.dreamimpacttrust.ca and click on Calendar of Events in the News and Events section.

Webcast:

To access the conference call via webcast, please go to Dream Impact Trust’s website at www.dreamimpacttrust.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.

Dream Impact is an open-ended trust dedicated to impact investing. Impact investing is the intention of creating measurable positive, social, and environmental change in our communities and for our stakeholders, while generating attractive market returns. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of the Trust are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; balance growth and stability of the portfolio, increasing cash flow, unitholders’ equity and NAV over time; leverage access to an experienced management team and strong partnerships in order to generate attractive returns for investors; provide investors with a portfolio of high-quality real estate development opportunities, concentrated in core geographic markets; and to provide predictable cash distributions to unitholders on a tax-efficient basis. For more information, please visit: www.dreamimpacttrust.ca.

Contacts

For further information, please contact:

DREAM IMPACT TRUST


Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Leisure Travel Demand Fuels Continued Brand Growth for Hyatt, Including Apple Leisure Group, in the Americas

January 25, 2022 By Business Wire

By 2023, Hyatt is expected to expand its brand footprint in 11 new leisure markets, in addition to growing its hotel presence in key resort, all-inclusive, and urban destinations

CHICAGO–(BUSINESS WIRE)–#appleleisuregroup—Hyatt Hotels Corporation (NYSE: H) today announced plans to accelerate its brand growth in the Americas region with a strong pipeline of expected hotel openings through 2023. Fueled by growing leisure travel demand, 45 hotels are expected to join Hyatt’s portfolio of brands, including Apple Leisure Group’s (ALG) AMRTM Collection brands, in 2022 and 2023 in key resort, all-inclusive and sought-after urban destinations. In addition, Hyatt has signed management and franchise agreements for hotels in 11 new markets and 19 existing markets across the Americas.


“Listening to our guests, World of Hyatt members, and customers has never been more important. As we continue in our recovery from the pandemic, we remain very intentional about where the Hyatt brand footprint grows to ensure we’re present in markets that matter most to the leisure-focused traveler of today and tomorrow,” said Jim Chu, Hyatt’s executive vice president, global franchising and development. “Our pipeline of new properties signals that Hyatt is well poised to deliver against the demand for more leisure travel experiences in places like Cozumel, Panama City, Punta Cana, and South Beach, and priority urban destinations, including Denver, Montréal, Oakland, and Memphis, which will welcome the first Caption by Hyatt hotel.”

Debuting New Hyatt Brands in New Markets

To continue driving brand awareness and World of Hyatt loyalty program growth, Hyatt expects to thoughtfully expand its brand footprint in the Americas through 2023 in 11 new markets with hotel openings under the Dreams, Hyatt Centric, Hyatt House, Hyatt Place, Hyatt Regency, The Unbound Collection by Hyatt, and Thompson Hotels brands. These new destinations will position Hyatt to capture leisure demand in the markets that matter most to guests, loyalty members, and customers. They include:

2022

  • Dreams Karibana Cartagena Beach & Golf Resort (268 guestrooms) in Cartagena, Colombia
  • Hyatt Centric Ville-Marie Montréal (177 guestrooms) in Montréal, Québec
  • Hyatt Centric San Salvador (138 guestrooms) in Antiguo Cuscatlan, El Salvador
  • Hyatt House Monterrey Valle/San Pedro (91 guestrooms) in Monterrey, Mexico
  • Hyatt Place Gainesville Downtown (145 guestrooms) in Gainesville, Fla.
  • Hyatt Place Kent Narrows & Marina (120 guestrooms) in Grasonville, Md.
  • Hyatt Place Monterrey Valle (133 guestrooms) in Monterrey, Mexico
  • Hyatt Place Montréal Downtown (354 guestrooms) in Montréal, Québec
  • Hyatt Place Panama City Beach (224 guestrooms) in Panama City Beach, Fla.
  • Hyatt Place St. Augustine/Vilano Beach (120 guestrooms) in St. Augustine, Fla.
  • Hyatt Regency Mexico City Insurgentes (201 guestrooms) in Mexico City, Mexico
  • Numu (44 guestrooms), which will join The Unbound Collection by Hyatt, in San Miguel de Allende, Mexico

2023

  • Dreams Estrella del Mar Mazatlan (350 guestrooms) in Mazatlan, Mexico

Expanding Access to Resorts and All-Inclusive Experiences

Leisure travel continues on an upward trajectory with a notable, strong desire for resort and all-inclusive experiences. The end of 2021 and early 2022 showed elevated demand for leisure travel with multiple resorts reaching record RevPAR levels within the United States. Further, with the recent acquisition of ALG, the combined company will offer one of the largest portfolios of luxury all-inclusive resorts in the world and luxury hotels in Mexico and the Caribbean. Through 2023, Hyatt plans to significantly expand its resort and all-inclusive portfolio, which includes the AMR Collection brands Secrets and Dreams, with expected openings across the Americas, including:

2022

  • Banyan Cay Resort & Golf (190 guestrooms), which will join the Destination by Hyatt hotel portfolio, in West Palm Beach, Fla.
  • Dreams Cozumel Cape Resort & Spa (154 guestrooms) in Cozumel, Mexico
  • Hyatt House Lewes / Rehoboth Beach (105 guestrooms) in Lewes, Del.
  • Hyatt Place Virginia Beach/Oceanfront (140 guestrooms) in Virginia Beach, V.A.
  • Hyatt Regency Grand Reserve Puerto Rico expansion (93 guestrooms) in Rio Grande, Puerto Rico
  • Hyatt Zilara Riviera Maya (291 guestrooms) in Riviera Maya, Mexico
  • Secrets Impression Playa del Carmen (198 guestrooms) in Playa del Carmen, Mexico
  • Secrets Moxche Playa del Carmen (485 guestrooms) in Playa del Carmen, Mexico
  • Secrets Tulum Resort & Spa (300 guestrooms) in Tulum, Mexico
  • Rancho Pescadero (103 guestrooms), which will join The Unbound Collection by Hyatt portfolio, in El Pescadero, Mexico

2023

  • Dreams Grand Island (600 guestrooms) in Cancún, Mexico
  • Park Hyatt Los Cabos Hotel and Residences (135 guestrooms) in Los Cabos, Mexico
  • Hyatt Place New Smyrna Beach (114 guestrooms) in New Smyrna Beach, Fla.
  • Secrets Baby Beach Aruba (600 guestrooms)
  • Thompson South Beach (150 guestrooms) in South Beach, Fla.

Growing in Urban Destinations

Late 2021 showed strengthening travel demand among urban leisure and drivable destinations. Kicking off 2022 and throughout 2023, Hyatt hotels are expected to open in sought-after city locales across the Americas, including the brand debut and opening of the first Caption by Hyatt hotel in Memphis. They include:

2022

  • Thompson Austin (229 guestrooms) in Austin, Texas – opened in January 2022
  • tommie Austin (193 guestrooms), a JdV by Hyatt hotel, in Austin, Texas – opened in January 2022
  • Caption by Hyatt Beale St. Memphis (136 guestrooms) in Memphis, Tenn.
  • Hyatt Centric Congress Avenue Austin (246 guestrooms) in Austin, Texas
  • Hyatt Centric Santa Clara (220 guestrooms) in Santa Clara, Calif.
  • Hyatt House Sacramento Midtown (133 guestrooms) in Sacramento, Calif.
  • Hyatt Regency Salt Lake City (700 guestrooms) in Salt Lake City, Utah
  • Hyatt Regency San Francisco Downtown SOMA (686 guestrooms) in San Francisco – rebranding from Park Central San Francisco
  • A hotel (120 guestrooms) that will join the JdV by Hyatt portfolio in Middletown, R.I.
  • Thompson Denver (216 guestrooms) in Denver, Colo.
  • Hotel La Compañia, Casco Antiguo, Panama (88 guestrooms), which will join The Unbound Collection by Hyatt portfolio, in Panama City, Panama
  • Kissel Uptown Oakland (168 guestrooms), which will join The Unbound Collection by Hyatt portfolio, in Oakland, Calif.

2023

  • A hotel (251 guestrooms) that will join the JdV by Hyatt portfolio in Anchorage, Ala.
  • Hyatt House Lansing/MSU (131 guestrooms) in Lansing, Mich.
  • Hyatt Place Toronto-Downtown/Jarvis Street (238 guestrooms) in Toronto, Ontario
  • Thompson Houston (172 guestrooms) in Houston, Texas
  • A hotel (64 guestrooms) that will join The Unbound Collection by Hyatt portfolio in Hollywood, Calif.

For more information about Hyatt hotels, please visit: www.hyatt.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2021, Hyatt’s portfolio included more than 1,000 hotel and all-inclusive properties in 69 countries across six continents, and the acquisition of Apple Leisure Group added 96 properties in 10 countries as of November 1, 2021. Hyatt’s offerings include the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt Place®, UrCove, and Hyatt Residence Club® brands, as well as resort and hotel brands under the AMR™ Collection, including Secrets® Resorts & Spas, Dreams® Resorts & Spas, Breathless® Resorts & Spas, Zoëtry® Wellness & Spa Resorts, Alua® Hotels & Resorts, and Sunscape® Resorts & Spas. Hyatt’s subsidiaries operate the World of Hyatt® loyalty program, ALG Vacations®, Unlimited Vacation Club®, Amstar DMC destination management services, and the Trisept Solutions® travel technology platform. For more information, please visit www.hyatt.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, risks associated with the consummation of the Apple Leisure Group (“ALG”) acquisition, including the related incurrence of material additional indebtedness; our ability to successfully integrate ALG’s employees and operations into ours; the ability to realize the anticipated benefits of the acquisition of ALG as rapidly or to the extent anticipated; the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution and efficacy of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; global supply chain constraints and interruptions; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and all-inclusive segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and ALG’s membership offering; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. These statements include statements about Hyatt’s [__] and involve known and unknown risks that are difficult to predict. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contacts

Siân Rylander

Hyatt

sian.rylander@hyatt.com

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