Send2Press Newswire
Fri, 03 Feb 2012 19:11:42 GMT
Divi Resorts Group Performs Above Market Average - First Half Results Shine despite Tough Economy
CHAPEL HILL, N.C., Nov. 7, 2011 (SEND2PRESS NEWSWIRE) -- Divi Resorts Group reported first half operating results, showing a healthy revenue increase of 11.2 per cent over the same period last year. The resort development and management company based in Chapel Hill, North Carolina, outperformed its competition in the first half of 2011, exceeding revenue measures in the premium sector of the Caribbean market, where Divi's properties are located.
E. J. Schanfarber, president and CEO commented, "We benefitted from a high repeat guest factor that has allowed us to build a solid business. We owe a good part of the uptick in visits to the completion of major construction projects and renovations undertaken in the past three years at all of our properties that have upgraded the travel experience for our guests."
The improvements also have prompted recognition from the industry. Divi Resorts Group received the prestigious 2011 Pinnacle Award from industry partner Resort Condominiums International (RCI), the timeshare industry's leading vacation exchange company. Recipients of the award for exceptional performance were a select few chosen by RCI from among its 3,700 affiliate resorts.
Earlier this year, the Divi Aruba Phoenix Beach property earned the Trip Advisor Award of Excellence, an honor given to hotels that consistently rank highly with guests. Trip Advisor is a leading online travel resource that provides user-generated feedback on hotels and destinations. Improvements at the Divi Aruba Phoenix property included the addition of 200 all suite accommodations in four new towers, new grounds, amenities and restaurants.
The company also converted Divi Carina Bay Beach Resort, its St. Croix (USVI) property, to an all-inclusive destination, distinguishing itself as the only all-inclusive resort on the island. The changeover, done in January, prompted an immediate increase in bookings that was sustained throughout the entire first half of the year.
In addition, Divi Resorts Group upped its marketing push to the bridal market with a range of romance packages at its St. Maarten and select Aruba properties.
"We're engaging with our guests during their stay as well as through social media channels to better understand their needs," says Schanfarber. "In response we are consistently upgrading our portfolio of product. We've had an overwhelmingly positive reaction from both our guests and our industry partners."
About Divi Resorts:
Divi Resorts is the vacation expert of the Caribbean with a collection of ten premium resorts on five stunning Caribbean islands. With vacation stays as well as full and fractional ownership, the resorts provide myriad vacation pleasures from relaxing on white sand beaches and indulging in spa services to embarking on scuba diving adventures and perfecting one's golf swing. For more information on Divi Resorts call 1.800.367.3484, or visit http://www.diviresorts.com . The Divi Resorts logo is the Service Mark of Divi Hotels, Inc.; its use represents the group of resort companies owned by the registrant or operating under the registrant's Divi Resorts brand.
NEWS SOURCE: Divi Resorts Group
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2011 Neotrope® News Network - all rights reserved.
TAGS: Divi Resorts Group, Earning Announcements, Send2Press.
Mon, 07 Nov 2011 08:59:37 GMT
Long Term Care Insurance Leader Seeks 320 New Agents in 2010, Following Strong 2009 Growth
While the Industry Slumps, LTC Financial Partners Posts Robust Revenue, Profit, and Dividend Gains.
KIRKLAND, Wash., March 14 (SEND2PRESS NEWSWIRE) -- In an economy that seems stuck on stagnate, business is booming, thank you, for LTC Financial Partners LLC (LTCFP), one of the nation's most experienced long term care insurance agencies. In fact, 2009's growth was so strong and the future so promising, the firm seeks to expand its army of agents by 300 this year, an increase of about 60 percent over last year.
While the long term care industry was down about 30 percent in 2009, LTCFP's submitted premium was up a handsome 20 percent for the year and 37 percent for the last quarter compared to Q4 2008. Profit was an all-time high of $2.31 million, up about 73 percent over 2008 profit of $1.34 million. Earnings were $0.26 per share, an increase of about 70 percent over 2008's earnings of $0.15 per share.
Perhaps most significant for LTCFP's agents, dividend payments -- to be made this month -- will be $0.20 per share, an increase of 40 percent over last year's dividend. "All LTCFP Partners get dividends," says Cameron Truesdell, CEO, "and all of our agents may become Partners based on their performance." Unique in the industry, LTCFP's dividend payments constitute an additional revenue stream beyond commissions and renewal income.
For individuals wishing careers in long term care insurance, experience is a plus but not a must. "Our LTC Insurance Training Institute trains good people from scratch," says Truesdell. "We're looking for men and women with intelligence, social skills, ambition, and a sincere desire to help others," he adds. "With those basics, we can get them up to speed and state-certified in short order." Information is available at web.ltcfp.com/ltcfp/careercenter.aspx.
LTCFP has earmarked 2 percent of its profits for development aid in Africa and Haiti, and is a sponsor of the "3 in 4 Need More" campaign, which seeks to inform the public that "at least 70 percent of people over age 65 will require some long-term care services at some point in their lives," according to the U.S. Department of Health and Human Services (www.ltcguild.com).
Privately held, LTCFP is a limited liability company. In 2009 Inc. Magazine ranked LTCFP No. 1,970 among all companies, and No. 16 in the insurance category, in its annual ranking of the 5,000 fastest-growing companies in the nation. LTCFP made the Inc. 5000 list in 2008 as well. Among insurance companies, LTCFP is the fastest-growing one focusing exclusively on long term care insurance sales.
The LTCFP home site is at: www.ltcfp.com.
NEWS SOURCE: LTC Financial Partners LLC
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2010 Neotrope® News Network - all rights reserved.
TAGS: LTC Financial Partners LLC, Earning Announcements, Send2Press.
Sun, 14 Mar 2010 19:35:23 GMT
HostBridge Technology Reports Record Revenues in 2008
Strategic Investment and Key Partnerships Position the Company for Future Growth
STILLWATER, Okla., April 16 (SEND2PRESS NEWSWIRE) -- HostBridge® Technology, a leading provider of software that integrates mainframe data and applications with the latest web programs and other enterprise information systems, reported that 2008 was its second consecutive year of record annual revenues and income.
 The company achieved this growth as a result of a 69 percent increase in revenues from new licenses of its flagship HostBridge software product to Fortune 500 customers in banking and finance, insurance, manufacturing, computer technology, and other sectors.
"Our 2008 results are directly attributable to the functionality and value of our products," said Russ Teubner, HostBridge CEO. "We continue to earn the business of top-tier customers because they trust us to meet their toughest mainframe integration challenges. HostBridge products make it possible for customers to integrate and reuse their most valuable information assets for far less than it would cost to migrate away from the mainframe or rewrite mainframe software. Our customers often achieve payback in less than a year and continue to realize significant savings over many years."
"Our growth in 2008," Teubner added, "means we will also continue to invest heavily in research and development so we can help current and future customers achieve higher returns from the integration of critical mainframe resources."
Using HostBridge products, enterprises rapidly extend mainframe access to thousands of new users; modernize mainframe applications with rich web interfaces for employees, partners, and customers; and integrate critical mainframe data and business logic with virtually any other system. When they implement HostBridge, customers increase workforce productivity, streamline processes, cut costs, and achieve new returns on their most trusted system investments.
On the partner front in 2008, HostBridge Technology continued to work closely with IBM and was accepted in the IBM Ready for Rational program. This strong partnership helps ensure that HostBridge products will continue to exploit IBM's best and latest technologies and that the companies' mutual customers will continue to add value to and improve returns on their mainframe assets. IBM and HostBridge kicked off 2009 with announcements of parallel new products and with an ongoing series of joint marketing activities.
HostBridge also became a Google Enterprise Partner in 2008. By combining the Google Enterprise Portal and HostBridge mainframe integration, this partnership promises to allow HostBridge to bring the power of the Google Search Appliance to mainframe information assets. In addition, HostBridge strengthened its partnership with CA, ensuring that enterprise customers with CA Ideal™, CA Telon®, CA IDMS™, or CA Gener/OL™ environments will continue to benefit from HostBridge integration capabilities.
Through its partner programs and R&D investments, HostBridge Technology is taking a leading role in integrating mainframe resources with emerging technologies, including Web 2.0 and enterprise search, and positioning itself for continued growth in 2009 and beyond.
About HostBridge Technology
HostBridge Technology provides software for enterprises that rely on IBM System z mainframe systems and applications. Our patented products deliver mainframe data as XML documents and web services, enabling organizations to extend mainframe access to more users, modernize legacy applications with feature-rich web interfaces, and integrate mainframe data and business logic with other information systems. Founded in 2000, HostBridge Technology has built a reputation for solving the hardest integration problems. Among its loyal customers, HostBridge counts some of the largest companies in the U.S. and the world.
For more information, visit www.hostbridge.com.
All trademarks and service marks are the property of the respective parties.
NEWS SOURCE: HostBridge Technology
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2009 Neotrope® News Network - all rights reserved.
TAGS: HostBridge Technology, Software, Send2Press.
Thu, 16 Apr 2009 17:54:50 GMT
Momentum Transport Reports 3rd Quarter Earnings
HOUSTON, Texas, Dec. 2 (SEND2PRESS NEWSWIRE) -- Houston-based transport provider Momentum Transport reports third quarter earning results for fiscal year 2008. Sales for Momentum's vehicle transport division reported increased revenue for third quarter 2008, up 26% from third quarter 2007.
 Momentum attributes this increase to a surge in net-savvy consumers shopping for vehicles online at the websites of auto sellers and dealerships around the country. Websites like Autotrader.com, Cars.com, Carsdirect.com, and eBay have contributed to increased auto sales, which have in turn resulted in a greater need for cross-country vehicle shipping.
With informed buyers searching the vast selection of vehicles offered via the online marketplace, potential car buyers are taking advantage of deals not only in their own market, but markets in other parts of the country as well.
Consumers gravitating to auto transport companies like Momentum Transport find that utilizing these services not only saves valuable time, but also the protection of these newly-purchased vehicles from the wear and tear of cross-country transit.
Since 1996, Momentum Transport has been the nation's premier provider of auto and freight shipping services. Momentum's goal to provide value-priced, hassle-free transport services has helped to vault the company to one of the largest and most well respected transport providers in the country. From multi-national corporations and dealerships to the everyday consumer, Momentum Transport assists in the movement of thousands of vehicles and freight shipments on a yearly basis--while never comprising its commitment to unmatched quality and seamless customer service.
For more information, call 1-866-309-7700 or log on to www.momentumtransport.com.
All trademarks are property of their respective owners.
NEWS SOURCE: Momentum Transport
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2008 Neotrope® News Network - all rights reserved.
TAGS: Momentum Transport, Earning Announcements, Send2Press.
Tue, 02 Dec 2008 11:10:56 GMT
Phoenicia Group Tops Libya Analyst Expectations
TRIPOLI, Libya, Nov. 28 (SEND2PRESS NEWSWIRE) -- Phoenicia Group Libya LLC (www.phoenicia-group.net), the leading U.S.-Libyan diversified business firm and consultancy group, surprised Libya market watchers and investors with a near 300% jump in operating profit, hitting 34 Million USD, up from 12 Million USD in the same period in 2005.
 The boost is buoyed by a string of acquisitions and an aggressive corporate restructuring strategy launched by Ryad Sunusi, a prominent U.S.-educated Libyan businessman, consultant, and founder of the Libyan American Business Council; who since taking control in 2004 as acting interim President & CEO of Phoenicia Group, has introduced radical changes propelling the Phoenicia Group and its 12 wholly owned subsidiaries and affiliates into the leading private Libyan business group overseeing an estimated 150,000,000 USD portfolio in the oil & gas, construction, tourism, telecommunications, health, services, and agribusiness sectors in Libya, and investments in the U.S., Middle East, and Europe.
Richard Harrison, Chairman of Dubai's Al-Tawfiq, which invests in high-growth sectors in emerging markets, and holds a 20% stake in Phoenicia Group, said, "Phoenicia Group's record expansion and growth just exemplifies what good management, leadership, and patience can do in an emerging market like Libya -- our expectations are spot on target."
Core services offered to U.S. and international investors and companies include Risk Management, Commercial Advisory/Business Law, Communication, Concept Development, Contract Negotiations, Distribution, Marketing, Sourcing, Strategy, and Total Project Management.
In a prepared statement, Ryad Sunusi, who will remain as Phoenicia Group interim President & CEO, said, "The past year has been a very active one-tripling of operating profit and acquisition of several subsidiaries and affiliate companies in Libya. We are encouraged by the liberal economic reforms and see a bright future for our clients, partners, and associates."
"U.S. and international companies looking at the Libyan Market need to employ the same common sense and due diligence when choosing partners and agents in Libya as in other vital business decisions; success in Libya can to a very large degree relate to having proper representation by a reputable and experienced local partner," he noted.
Phoenicia Group currently represents several multi-national companies in Libya and maintains project management roles in key projects for foreign investors in Libya.
"We anticipate even stronger performances in 2007 over 2006, with the integration of our new acquisitions in Libya," Mr. Sunusi assessed.
About Phoenicia Group Libya, LLC
Phoenicia Group, a U.S.-Libyan professional business services company, establishes and advises on interoperability issues in the Libyan Market with technology, and devises, researches and implements market entry and risk management strategies for U.S. companies wishing to establish a foothold for commerce in Libya.
For more information, visit www.phoenicia-group.net.
NEWS SOURCE: Phoenicia Group Libya, LLC
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2006 Neotrope® News Network - all rights reserved.
TAGS: Phoenicia Group Libya, LLC, Earning Announcements, Send2Press.
Tue, 28 Nov 2006 13:25:00 GMT
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