UNESCO’s World Heritage Committee recently recognized the Saint Hilarion Monastery in the Gaza Strip by adding it to both the “World Heritage” and “World Heritage In Danger” lists. This decision highlights the historical and cultural significance of the ancient monastery and emphasizes the urgent need for its protection. The emergency procedure used for the inscription
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Cruise lines have been actively seeking ways to reduce their greenhouse gas emissions, and the efforts have encompassed a variety of innovative solutions. Some onboard strategies include the use of energy-efficient light bulbs, the implementation of automatic cabin electricity shutdown when guests remove their keycards, and the reconfiguration of heat recirculation systems. These small changes
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Elliott Investment Management has recently disclosed its holdings in Southwest Airlines, shedding light on its stake worth approximately $1.9 billion in the carrier. Alongside this revelation, the investment firm reiterated its call for changes to be made within the top management at Southwest. Elliott’s Demand for Leadership Change In a U.S. Securities and Exchange Commission
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Hyatt Hotels Corp. faced a decline in demand for their all-inclusive resorts in the second quarter, with CEO Mark Hoplamazian attributing it to a “return to pre-pandemic seasonality” in Mexico and the Caribbean. The CFO, Joan Bottarini, mentioned that although the Inclusive Collection portfolio had a strong first quarter with double-digit net package revenue per
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Allegiant Travel Co.’s Sunseeker Resort Charlotte Harbor in Florida is currently experiencing significant financial difficulties. During a recent Q2 earnings call, Allegiant’s executive chairman and outgoing CEO, Maurice Gallagher, disclosed that “all options” are being considered, including the potential sale of the property. The resort is projected to incur a cash loss of around $15
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