Latest news with #Otis'


Time Out
09-07-2025
- Entertainment
- Time Out
How to get tickets for Royel Otis in Sydney: pre-sale, dates, venue and more
It's almost time to stop being a sofa king and start filling your pockets with oysters – Sydney-born band Royel Otis have just announced a major Australian tour, and they're performing in their home city for one huge show this October. The ARIA Award-winning indie-rock duo – made up of Royel Maddell (guitars) and Otis Pavlovic (vocals) – have been tearing up the global festival circuit with recent appearances at Glastonbury (UK), Governor's Ball (New York), Lollapalooza (Chicago) and Fuji Rock (Japan). Now, they're bringing their cheeky tunes back Otis' Meet Me In The Car tour announcement comes fresh off the release of the pair's latest album hickey, featuring their infectious new single 'car'. After playing more than 100 sold-out shows last year, there's no doubt their 2025 tour will be in seriously high demand. Here's everything you need to know about getting tickets to Royel Otis' Australian tour. When is the Royel Otis Sydney show? Royel Otis will light up Sydney's Hordern Pavilion for a single hometown show on Friday, October 24. When do Royel Otis Sydney tickets go on sale? If you're keen to catch this dynamic duo live, then set your alarms – tickets drop on Monday, July 14 at 10am. You can sign up for the ticket sale via Frontier Touring. Is there a Royel Otis pre-sale? Frontier Members get first dibs on tickets, with a pre-sale kicking off on Thursday, July 10 at 10am local time. Just be sure to sign up for pre-sale access ahead of time. How much are Royel Otis tickets? General admission standing tickets are $89.90. Who is the support act for Royel Otis' Sydney show? The duo haven't revealed the support act for their homecoming tour just yet, but we'll let you know once they do. Where is Royel Otis' 2025 Australian tour? Royel Otis are set to play their biggest Aussie venues to date this October, with four massive shows lined up across the country, including: Melbourne 's Margaret Court Arena – Friday, October 17 Brisbane 's Fortitude Music Hall – Monday, October 20 Sydney 's Hordern Pavilion – Friday, October 24 Perth 's Ice Cream Factory – Wednesday, October 29 Stay in the loop: sign up for our free Time Out Sydney newsletter
Yahoo
08-07-2025
- Business
- Yahoo
A Reimagined Timber Hoistway Helps Complete a New Toronto Building
NORTHAMPTON, MA / / July 8, 2025 / How Otis overcame a unique challenge in this timber-constructed building TORONTO, July 8, 2025 /3BL/ - While the flexibility of working from home is enticing, many companies today are making a shift back toward return to office to enhance collaboration, productivity, company identity and culture. This means that architecture, construction and engineering firms and their partners - like Otis - need to offer companies and their employees comfortable and exciting places and spaces to work. And this includes vertical mobility solutions that meet new, sustainable design needs and are inclusive for all. The innovative seven-story, 423,452-square-foot office building T3 Junction presented a unique challenge for the Otis team: Rather than a concrete hoistway, Otis was trusted to install eight Gen2® elevators within a timber hoistway. The result is a custom solution built entirely from massive timber pillars and specialized plates that allow the elevator to be safely secured within the wood framing. The T3 in T3 Junction stands for Transit, Technology and Timber. Developed by Hines, the building uses heavy timber construction, a growing trend in sustainable building design. Timber construction and other sustainability features are part of the developer's vision for attracting tenants and their employees to the building. Timber's natural antibacterial and antimicrobial properties contribute to a healthier work environment, and studies show employees exposed to wood experience higher levels of well-being and take less sick leave. "People really enjoy the flexibility of being able to work from home, so if you want people to be excited about coming back to work, you need to give them a place that they're excited to go to work in," said Alexandra Khazzam, Hines Managing Director, Canada. "T3 Junction gives that to people, and Otis was a great partner to provide the reliable transportation we need in this building." This project demonstrates Otis' commitment to sustainable product and service solutions, and how Otis partners with customers to meet their expectations. About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide - the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo. View additional multimedia and more ESG storytelling from Otis Worldwide Corporation on Contact Info:Spokesperson: Otis Worldwide CorporationWebsite: info@ SOURCE: Otis Worldwide Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Otis Worldwide (NYSE:OTIS) Unveils Futuristic Double-Deck Glass Elevators At Seattle's Space Needle
Otis Worldwide showcased its commitment to innovation with the launch of its new double-deck glass elevator system at the Space Needle. These enhancements underscore the company's historical ties and technological advancements. However, despite this significant announcement, the company's shares remained flat over the last week, reflecting broader market trends. Market volatility driven by revived trade tensions, alongside a 1.4% market decline, influenced stock movements across sectors. The broader decline in tech stocks influenced market sentiment, overshadowing individual company developments such as Otis' innovative expansion. We've discovered 2 possible red flags for Otis Worldwide that you should be aware of before investing here. This technology could replace computers: discover the 22 stocks are working to make quantum computing a reality. The recent unveiling of Otis Worldwide's innovative double-deck glass elevator system at the Space Needle could reinforce the company's focus on modernization and service-driven growth strategies. While this announcement didn't significantly impact the share price in the short term, it aligns with Otis's broader initiatives aimed at enhancing revenue through modernization and service renewals, particularly amid regional volatility in new equipment sales. The company's strategic emphasis suggests potential improvement in operating margins, assuming initiatives like UpLift and the China transformation continue to drive efficiency. Over the past five years, Otis shares achieved a total return of 104.92%, underscoring steady growth for investors compared to the relatively flat performance observed over the recent week. In a more compressed timeframe, Otis's stock underperformed both the US market, which saw a 9.1% rise, and the US Machinery industry, with a 1.9% increase, over the past year. This reflects the broader market challenges impacting tech stocks and suggests potential margin pressures or regional sales challenges. The company's latest innovations may positively influence revenue and earnings forecasts, with an expected annual revenue growth of 4.4% and earnings growth of 8.7%. However, challenges in the Chinese market and tariff implications could temper this growth. With the current share price at US$96.19 and an analyst consensus target of US$100.57, the stock is trading at a slight discount. The small discrepancy between the current price and the price target suggests analysts find the stock to be close to its fair value, factoring in expected future earnings and potential growth obstacles. Assess Otis Worldwide's future earnings estimates with our detailed growth reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:OTIS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Otis Announces Regional Winners in Its Made to Move Communities(TM) Challenge
Regional winners advance to global competition to present ideas using AI to improve urban mobility FARMINGTON, CT / / April 2, 2025 / Four student teams from around the world are regional winners in Otis' Made to Move Communities student challenge. These winning teams will go on to compete in Otis' first global competition. In the fifth year of the annual STEM (Science, Technology, Engineering and Math) competition, more than 250 students from 28 schools proposed innovative ways for Artificial Intelligence to improve urban mobility. Otis (NYSE: OTIS) is the world's leading elevator and escalator manufacturing, installation and service company. Over the last several months, high school students, with the guidance of Otis volunteer mentors, designed concepts leveraging AI technology to enable more inclusive mobility in their communities, and presented their ideas to Otis judges in each of the company's four regions: Americas, Asia Pacific, China and EMEA (Europe, Middle East & Africa). Now, for the first time, the four regional winning teams will compete in a final round to determine a global challenge champion. Student teams will share how their solution to local challenges can be scaled globally, and present to a judging panel of Otis senior executives. The global winner will be announced in early May. All schools with teams competing in the challenge receive a grant to further STEM learning. Each of the regional winner schools earned a $20,000 grant and the global champion team's school will receive a total of $35,000 in STEM grants. "It is exciting to witness the creativity and hard work these students have displayed - embracing AI and applying STEM skills to solve local challenges in urban mobility. I look forward to hearing our student participants expand on their outstanding ideas during our first global competition. Knowing our world holds immense potential for STEM-based solutions, we truly hope that this experience has inspired these students to continue exploring STEM programs and fields, setting them on a path to become our future leaders and innovators," said Randi Tanguay, Otis Senior Vice President & Chief Communications Officer and global challenge judge. The four regional winning teams are: Pembroke Pines Charter High School, Florida, United States A smartphone application that uses AI to aid individuals with visual impairments by providing a description of their surroundings to help navigate spaces. Yamagata Higashi High School, Yamagata Prefecture, Japan An AI-equipped mobility scooter to prevent falls and provide a safe mobility experience for the elderly. Tianjin Farragut School, Tianjin, China An AI-powered elevator system that optimizes multi-elevator coordination for efficient resource allocation, while integrating smart hardware to enhance travel comfort. Üsküdar American Academy (UAA), Istanbul, Türkiye An AI-based app that sends audio, visual, and vibrating notifications to smartphones and smartwatches, helping individuals with hearing impairment recognize emergency alerts, audible hazards and warnings in their environment. About the Made to Move Communities challenge Launched in 2020, the Made to Move Communities challenge engages young minds to explore real-world urbanization challenges and develop innovative solutions with the potential to create more connected communities and improve mobility for all. This initiative brings together students, educators, and Otis colleagues as mentors with the goals of advancing STEM and leadership skills to help build the next generation of talent, ensure future workforce readiness, and sustain innovation. Each year, the program focuses on a different theme that aligns with global priorities, such as sustainability, accessibility or technology. Students are encouraged to think critically and creatively, applying STEM principles to address mobility-related issues. Through workshops, mentorship, and collaboration, participants gain valuable insights and skills that prepare them for future careers while making a positive impact on society. Participating schools also receive grants at the conclusion of the program to support ongoing STEM education. To date, the Made to Move Communities program has reached more than 1,000 student participants globally, involved more than 950 Otis volunteer mentors, and delivered nearly 100 grants totaling over $1 million to support ongoing STEM education at participating schools around the world. To learn more about the Made to Move Communities challenge, visit About Otis Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide - the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo. View additional multimedia and more ESG storytelling from Otis Worldwide Corporation on Contact Info:Spokesperson: Otis Worldwide CorporationWebsite: info@ SOURCE: Otis Worldwide Corporation View the original press release on ACCESS Newswire Sign in to access your portfolio