Former Minister Criticizes Tinubu’s Cabinet Reshuffle As Politically Motivated
Politics

Former Minister Criticizes Tinubu’s Cabinet Reshuffle As Politically Motivated

Politics tamfitronics Politics tamfitronics A former Minister of Communications, Adebayo Shittu, has voiced his dissatisfaction with President Bola Tinubu’s recent cabinet reshuffle, labelling it as uninspiring and politically driven.Shittu shared his views on Channels Television’s “Politics Today” program on Thursday, just a day after the President’s significant overhaul of the Federal Executive Council (FEC).President Tinubu’s recent government reshuffle involved the dismissal of five ministers, the redeployment of ten, and the introduction of seven new ministerial nominations, currently pending Senate confirmation.However, according to Shittu, these changes seem to prioritize political considerations over the infusion of expertise into the cabinet.He said, “If you look at the changes we had yesterday (Wednesday), I doubt whether it is necessarily bringing in superior minds or better minds, in terms of governance, in terms of expectations, in terms of performance.“As far...
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New 130-Key Hyatt Centric Opens in the Dominican Republic
Lifestyle

New 130-Key Hyatt Centric Opens in the Dominican Republic

Lifestyle Hyatt announced today the opening of Hyatt Centric Santo Domingo, the first Hyatt Centric branded hotel in the Caribbean. Located within the stylish Ensanche Piantini neighborhood, this new lifestyle property welcomes savvy business and leisure travelers to explore the historical and modern sites in the Dominican Republic's capital, from high-end shopping to upscale dining and entertainment, as well as the UNESCO World Heritage Site recognized Colonial Zone, renowned for its 16th-century architecture and iconic landmarks such as Alcázar de Colón and the Cathedral of the Americas.With 130 guestrooms and suites, the hotel's modern and contemporary design is inspired by the work of Dominican artist, Thimo Pimentel, visible through art and ceramic installations using a terracotta red, white, and black color palette. The use of natural materials and colorful wooden sculptures by local artist, Patricio Correa,...
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Third-quarter 2024 revenue Sustained activity growth
Lifestyle

Third-quarter 2024 revenue Sustained activity growth

Lifestyle REVENUE UP 12% TO €1,434MREVPAR UP 5.3% VS. Q3 2023PIPELINE UP 6% VS. END OF JUNE 2024CONFIRMED REVPAR GROWTH GUIDANCE FOR 2024EBITDA NOW EXPECTED BETWEEN €1,100 MILLION AND €1,125 MILLION IN 2024Once again this quarter, the Group posted solid sales growth, in line with its targets. This good performance was driven in particular by the dynamism of our Luxury & Lifestyle brands, sustained growth in high-potential regions and the positive impact in France of the Olympic Games, for which Accor was one of the Premium partners. By continuing to combine operational agility, quality of execution and financial discipline, we are convinced of our ability to consolidate the solidity of our business model over the long term and deliver significant growth in our results in 2024.Sébastien Bazin, Chairman and CEO of AccorWhile RevPAR growth is...
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