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Cheval Collection appoints sector expert as CCO
Cheval Collection appoints sector expert as CCO

Travel Daily News

time6 days ago

  • Business
  • Travel Daily News

Cheval Collection appoints sector expert as CCO

Cheval Collection appoints Nick Pilbeam as Chief Commercial Officer to drive global expansion, loyalty programs, and EMEA growth in serviced apartments. Cheval Collection has appointed Nick Pilbeam as Chief Commercial Officer to its growing team as it continues to expand globally. The company, whose inventory is nearing the 1,000 unit mark, is in discussions over a number of dynamic locations, pursuing growth through management contracts. Pilbeam has more than 20 years' experience in international travel, loyalty, tourism and hotel sectors, joining Cheval Collection from Queensway, where he was Commercial Director of the hotel group. He has also held positions at Avios and British Airways. Mohammed Alawadhi, Managing Director, Cheval Collection said: 'We are privileged to be working with someone of Nick's calibre as we move into our next phase of expansion. Nick's knowledge of both operations and the investor viewpoint gives him a thorough understanding of our sector. 'Nick's experience in loyalty will also prove invaluable as we introduce our Cheval Discovery loyalty programme, part of the Global Hotel Alliance, across our properties this year. The programme will be an important tool to help us recognise our guests, as well as bolstering our marketing reach.' Pilbeam said: 'This is an exciting time to join Cheval Collection and I look forward to working with the team as we drive the business forward. Serviced apartments have moved into the mainstream for guests and investors, who are attracted to their flexibility and operational efficiency. Cheval Collection's 40 plus years as an owner and operator means that it has become a brand they can trust.' The group is continuing to sign deals across EMEA. The opening of the Cheval Maison – Expo City Dubai in March took Cheval Collection to over 950 units, after adding more than 300 since opening its Lexham Gardens by Cheval Maison property in London in 2021. The group is due to make its debut in Saudi Arabia in 2027, with Cheval Ladun Living, located in Riyadh. Future projects also include Cheval Maison – West Regent Glasgow, set to open Q1 2027.

Eric Sprott takes controlling stake in New Found Gold
Eric Sprott takes controlling stake in New Found Gold

The Market Online

time6 days ago

  • Business
  • The Market Online

Eric Sprott takes controlling stake in New Found Gold

New Found Gold (TSXV:NFG) will undertake a C$49 million bought-deal offering and a C$20 million non-brokered private placement Prominent mining investor Eric Sprott will participate in both financings, increasing his investment into a controlling over 20-per-cent stake New Found Gold is a top gold explorer and project developer in Newfoundland and Labrador, a tier-one mining jurisdiction New Found Gold stock has given back 59.2 per cent year-over-year but remains up by 32.47 per cent since 2020 New Found Gold (TSXV:NFG) will undertake a C$49 million bought-deal offering and a C$20 million non-brokered private placement, including lead orders by prominent mining investor Eric Sprott. The bought-deal offering, with BMO Capital Markets, SCP Resource Finance and a syndicate of undewriters, involves 21.4 million charity flow-through shares priced at C$2.29. Closing is expected in tranches on June 3 and June 12, 2025. Proceeds will go towards flow-through mining expenditures by December 31, 2026, on the company's Queensway gold project in Newfoundland and Labrador. Queensway offers exposure to an initial resource estimate of 2 million ounces indicated plus inferred, robust expansion potential across the 1,756-square-kilometre land package and a preliminary economic assessment expected by the end of Q2 2025. The private placement will see New Found Gold issue 12,269,939 non-flow-through shares priced at C$1.63, with proceeds going towards Queensway, as well as general corporate and working capital purposes, and closing contingent on disinterested shareholder approval. Sprott will invest in the offering to maintain his approximately 19-per-cent position in New Found, and in the private placement for enough shares to increase his investment beyond the 20-per-cent mark, which would make him a Control Person in the company. Leadership insights 'With a significant lead order by Eric Sprott on both the offering and the private placement, the proceeds from the financing will allow us to advance the Queensway gold project to the development stage,' Keith Boyle, New Found Gold's chief executive officer, said in a statement. 'Mr. Sprott has been a highly supportive shareholder in the company since its early days and we thank him for his continued support as we embark on this next chapter for the company.' About New Found Gold New Found Gold is a top gold explorer and project developer in Newfoundland and Labrador, a tier-one mining jurisdiction. New Found Gold stock (TSXV:NFG) is up by 13.97 per cent on the news trading at C$2.04 per share as of 9:57 am ET. The stock has given back 59.2 per cent year-over-year but remains up by 32.47 per cent since 2020. Join the discussion: Find out what everybody's saying about this Canadian gold stock on the New Found Gold Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

Nick Pilbeam has been appointed Chief Commercial Officer (CCO) at Cheval Collection
Nick Pilbeam has been appointed Chief Commercial Officer (CCO) at Cheval Collection

Hospitality Net

time7 days ago

  • Business
  • Hospitality Net

Nick Pilbeam has been appointed Chief Commercial Officer (CCO) at Cheval Collection

Cheval Collection has appointed Nick Pilbeam as Chief Commercial Officer to its growing team as it continues to expand globally. The company, whose inventory is nearing the 1,000 unit mark, is in discussions over a number of dynamic locations, pursuing growth through management contracts. Pilbeam has more than 20 years' experience in international travel, loyalty, tourism and hotel sectors, joining Cheval Collection from Queensway, where he was Commercial Director of the hotel group. He has also held positions at Avios and British Airways. The group is continuing to sign deals across EMEA. The opening of the Cheval Maison - Expo City Dubai in March took Cheval Collection to over 950 units, after adding more than 300 since opening its Lexham Gardens by Cheval Maison property in London in 2021. The group is due to make its debut in Saudi Arabia in 2027, with Cheval Ladun Living, located in Riyadh. Future projects also include Cheval Maison - West Regent Glasgow, set to open Q1 2027.

Buyer pays $97,000 over asking for Queensway townhouse
Buyer pays $97,000 over asking for Queensway townhouse

Globe and Mail

time27-05-2025

  • Business
  • Globe and Mail

Buyer pays $97,000 over asking for Queensway townhouse

28 Market Garden Mews, Toronto Asking price: $998,000 (March, 2025) Selling price: $1,095,000 (April, 2025) Previous selling price: $478,000 (March, 2010); $425,000 (May, 2008); $364,017 (October, 2006) Taxes: $4,664 (2024) Days on the market: Seven Listing agents: Ken and Jaime Ramsay, Harvey Kalles Real Estate Ltd. An asking price under $1-million for this three-bedroom townhouse caught the eye of about 20 buyers this April. It was the first home to come up for sale in several months in a small enclave south of The Queensway. Five bids were made, with one narrowly beating out competitors with an offer that added $97,000 to the asking price. 'This complex is one of the only freehold townhouse complexes in the area that doesn't have monthly fees, which was a big draw,' agent Ken Ramsay said. 'And it's at that $1-million threshold, which for a freehold townhouse, is the most affordable complex in Etobicoke that we know of,' co-listing agent Jaime Ramsay said. The nearly 20-year-old property was also in excellent condition, with a new custom kitchen and an updated bathroom. 'The sellers took extremely good care of the house, and did lots of upgrades while they owned it,' Mr. Ramsay said. 'We went in to do some painting and full staging to elevate it even more.' This three-storey townhouse has a street-level entrance and a front deck, as well as a rear deck above a garage that can be accessed through the finished basement. On the main floor, there are open living and dining areas with nine-foot ceilings, and a custom kitchen refashioned with an island, quartz and porcelain tile finishes, stainless-steel appliances and a pantry. The bedrooms are on the floors above, with the largest having a walk-in closet and a private bathroom. 'This complex really attracts people trying to move out of downtown condos and be in a convenient location,' said Ms. Ramsay.

Forum: Queensway is still the sports mall of choice
Forum: Queensway is still the sports mall of choice

Straits Times

time18-05-2025

  • Business
  • Straits Times

Forum: Queensway is still the sports mall of choice

Like most retailers in Queensway Shopping Centre, our management council members are appalled by the Opinion column 'Queensway could be next casualty in sportwear upheaval' (May 8). The writer concluded that 'there just isn't a special reason to head to Queensway any more'. Queensway Shopping Centre is still the sports mall in Singapore with more attractions on offer. As many as 38 sports retail units are selling various branded sporting goods – Nike, Adidas, Under Armour, New Balance, Puma, Asics, Brooks and more, and offering a wide variety of rackets and racket stringing services. That is why Queensway Shopping Centre is affectionately known as Singapore's sports mall. Sportslink was just one of the many well-known sports tenants in Queensway Shopping Centre. The retail spaces left by it were quickly snapped up by strong sporting and speciality stores. It is incorrect to infer that the shuttering of Sportslink was 'like the death of a queen bee... (calling) into question the survival of the colony of shops'. Queensway Shopping Centre has since become stronger with a greater variety of sporting goods stores. Besides sports enthusiasts, there are various trades attracting customers from all walks of life every day, such as Janggut Katong Laksa and 328 Laksa that dish out delicious laksa daily; Optique Zone & Contact Lens Centre, AZ Optics Centre and many other optical shops that offer competitive optical services; Ultra Supplies and ABC Laser Engraving Service that provide printing and designing services; Queens Printing, 98 Design Embroidery Services and others that cater to the need for T-shirt printing and custom apparel; Honsieponsie, WEARE, Nightingale Thrift Shop and others that are famous thrift stores, and many more. Ng Kim Meng Managing Agent The Management Corporation Strata Title No. 572 More on this Topic Forum: What readers are saying Join ST's Telegram channel and get the latest breaking news delivered to you.

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