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A DECADE OF FUN: MOXY HOTELS CELEBRATES 10TH ANNIVERSARY WITH SPIRITED EXPANSION IN ASIA PACIFIC

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SINGAPORE, Sept. 17, 2024 /PRNewswire/ — The bold and playful brand known for its vibrant social spaces and spirited service, Moxy Hotels, a part of Marriott Bonvoy’s global portfolio of over 30 extraordinary hotel brands, is celebrating its 10th anniversary this September. Since its inception in 2014 with the first Moxy Hotel opening in Milan, Moxy has redefined the hotel experience by challenging the status quo and creating a lighthearted, social atmosphere for modern travelers. Over the past decade, Moxy has become synonymous with fun and innovation in the hospitality industry, consistently pushing the boundaries of traditional hotel stays. From checking in at the bar with a complimentary cocktail to enjoying interactive lobby spaces that transition seamlessly from morning to night, Moxy has always put the guest experience at the forefront. Functional and fun, the brand’s playful design, smart guest rooms, and buzzing social spaces have made it a favorite among travelers who crave a lively and immersive stay.


Moxy Bengaluru Airport Prestige Tech Cloud – Bar Moxy Lobby

"As Moxy celebrates this significant milestone, the brand remains committed to its mission of providing a fun, dynamic, and stylish hotel experience tailored for the next-gen ‘always-on’ guests. Designed for those who are young at heart and on the hunt for new experiences, Moxy offers a playful and engaging environment at an approachable price point without sacrificing style. With plans for further expansion and exciting new initiatives on the horizon, Moxy is set to continue its journey as a disruptor in the select service space," said John Toomey, Chief Sales & Marketing Officer, Marriott International, Asia Pacific excluding China.

The Moxy Experience:

Innovative Check-In Experience: At Moxy Hotels, the bar serves a dual purpose as the check-in area, and guests are welcomed with a complimentary cocktail, setting the tone for a fun and memorable stay. Moxy Hookups: Moxy puts a fresh new twist on the expected hotel amenities with Moxy ‘Hookups’, creative, social perks gifted randomly to guests daily. Moxy Pickups: In addition to the fresh items prepared by the Moxy Crew, the grab and go style pick-ups station offers guests additional options around the clock. A curated selection of items fill the intentionally styled retail space. Social-Forward Spaces: Moxy’s lobbies are designed to be the social heart of the hotel, encouraging guests to mingle and connect. From live music, to pop-up shops, dance parties and bar takeovers, Moxy Hotels around the world have their own lobby activations to keep them buzzing. Smart and Stylish Rooms: Moxy’s guest rooms are compact yet cleverly designed, offering everything travelers need for a comfortable stay. One of these is the Signature peg wall, a versatile wall feature to maximize space and functionality in all rooms, allowing guests to hang clothes and other items. Unique Digital Guestbook: Moxy was one of the first brands to leverage user-generated content into a digital interactive platform at each property, creating a unique and engaging guest experience. With the user generated content, Moxy Hotels are able to provide recommendations for travelers by fellow travelers and locals alike. Global Footprint: With over 135 properties in 29 countries, Moxy continues to expand its playful spirit across the globe.

Since the debut of Moxy Bandung in 2017, the first Moxy Hotel in Asia Pacific, Moxy has significantly expanded its presence in the region over the past twelve months. The brand has entered key markets including Australia, India, Thailand, and Malaysia, with five new hotels having been added to the portfolio through 2024. These new properties offer guests the chance to experience Moxy’s spirited service and vibrant atmosphere in some of the most exciting destinations. From lively lobbies to rooftop bars, these new hotels provide dynamic spaces where guests can socialize, work, and play. Each property incorporates unique design elements that reflect the local culture and community, ensuring a distinctive and authentic experience.

Moxy Sydney Airport: The award-winning Moxy Sydney Airport is a chic and modern hotel located in the Sydney Airport precinct where guests are greeted at Bar Moxy with a complimentary signature cocktail upon check-in. The hotel features smartly designed compact rooms with high-speed Wi-Fi, plush bedding, spacious walk-in showers, and Chromecast. Guests can also relax in the stylish lounge, complete with social spaces and games like ping-pong and skeeball.

Moxy Bengaluru Airport Prestige Tech Cloud: Situated in Devanahalli Business Park, Moxy Bengaluru Airport Prestige Tech Cloud offers vibrant social spaces and modern amenities. The hotel features naturally lit banquet spaces with views of the hotel grounds, a pool, and a state-of-the-art fitness center. Guests can explore local attractions such as Nandi Hills, the ISKON Temple and St. Mary Basilica. The 128 rooms and suites are well equipped providing a playful and comfortable stay.

Moxy Bangkok Ratchaprasong: Moxy Bangkok Ratchaprasong, the first Moxy Hotel in Thailand, and the largest in Asia Pacific, is strategically located near Chit Lom BTS station. The hotel boasts 504 chic rooms, a top-notch gym, and lively events. Guests can enjoy stylish communal spaces, a bustling bar and restaurant, and a playful atmosphere perfect for both work and play. The central location provides easy access to shopping, dining, and iconic attractions.

Moxy Putrajaya: Located in IOI Resort City, Moxy Putrajaya offers a stylish work-stay experience. The hotel is surrounded by a shopping mall, sports center, and golf course, and is a short drive from Kuala Lumpur International Airport. Guests can enjoy buzzing bars, communal spaces, and Insta-worthy moments. The Sky Bar on the 18th floor offers 180-degree views, while the Plug and Meet gathering spaces provide ergonomic chairs, large writing walls, and 55-inch TVs.

Moxy Solo: Experience the vibrant city vibes at Moxy Solo, Central Java’s newest hotspot. Located on Slamet Riyadi Street, steps away from Pura Mangkunegaran and Solo’s heritage and dining destinations, guests can enjoy the state-of-the-art gym, edgy bars, dynamic events, and rooftop views. With 108 stylish rooms and playful hangout spots, Moxy Solo is a perfect blend of work and play.

Moxy Mumbai Andheri West: The latest addition to the Moxy family, Moxy Mumbai Andheri West, brings the brand’s playful and vibrant atmosphere to one of India’s most dynamic cities. Guests can expect lively social spaces, modern amenities, and a welcoming environment designed for the young at heart.

Download Images Here. For more information on Moxy Hotels and reservations visit www.moxyhotels.com.

About Moxy Hotels® 

Moxy offers a playful hotel experience for the young at heart. With over 135 properties open in over 25 countries and territories, Moxy boldly breaks the rules of a conventional hotel stay across the globe. The nontraditional experience starts with check-in at Bar Moxy and comes to life throughout its social public spaces, like the Lounge and Library, and the small but smart bedrooms. Moxy provides stylish, industrial design and sociable service at an attractive price point, so that guests can splurge on the experiences that matter most to them during their travels. Moxy celebrates nonconformity, open-mindedness, and originality above all – forever giving its guests permission to Play On #atthemoxy. For more information, visit www.moxyhotels.com and join the fun #atthemoxy on TikTok and Instagram. Moxy is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments, and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com

About Marriott Bonvoy® 

Marriott Bonvoy, Marriott International’s portfolio of more than 30 hotel brands and 10,000 global destinations, offers renowned hospitality in the most memorable locations around the world. The award-winning travel program and marketplace gives members access to transformative, eye-opening experiences around the corner and across the globe. To enroll for free or for more information about Marriott Bonvoy, visit marriottbonvoy.com. To download the Marriott app, go here. Travelers can also connect with Marriott Bonvoy on Facebook, X, Instagram, and TikTok

Media Contact
Saadhvi Mehra  
Director Brand PR 
Marriott International, Asia Pacific excluding China  
[email protected] 

 

 

Source : A DECADE OF FUN: MOXY HOTELS CELEBRATES 10TH ANNIVERSARY WITH SPIRITED EXPANSION IN ASIA PACIFIC

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Sports and Music Event Tourism unlocks new opportunities to capture spend

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Collinson International launches global research report unveiling how businesses can engage with sports and music fans to capture share of growing market spend.

80% of sports and music fans in Asia Pacific (APAC) have travelled by plane to watch their favourite team or artist Sports fans are the biggest spenders globally, with 57% of sports enthusiasts from APAC spending more than US$500 per trip, per person 4 in 5 event travellers from APAC visit new places rather than familiar ones

SINGAPORE, Sept. 17, 2024 /PRNewswire/ — Collinson International, the owner and operator of Priority Pass and LoungeKey, has released its latest global research report, The Value of Sports and Music Tourism, exploring the travel and spending habits of sports and music event travellers. The new research revealed that sports fans are the biggest spenders globally in comparison to those travelling for music events; 57% of Asia Pacific’s (APAC) sports enthusiasts are spending more than US$500 per trip, per person.

Sports and music tourism is seeing huge growth. In 2023, sports tourism was valued at US$564.7 billion and is expected to almost double in value to US$1.33 trillion by 2032.[1] Similarly, music tourism is expected to see huge growth, forecasted to reach US$13.8 billion by 2032.[2] This is being driven by three main components: events, with more sports and music events, fans have more choice of destinations; exposure, the internationalisation of new and existing sports leagues through TV and streaming has encouraged fans to travel, while music fans are finding it may be more cost-effective to see an artist abroad; and experience, after years of Covid-19 travel restrictions, live fans are back and wanting new, enhanced experiences.  

It is clear that sports and music tourism is booming and event travellers have high aspirations, presenting a huge opportunity for businesses to tap into this growing segment of travellers. In APAC, of those that travel to an event by plane, more than four-fifths (85%) have travelled for sports and 74% for music in the past three years or plan to do so in the coming 12 months. Of these travellers, over half (53%) travel more than once a year with 19% attending three or more events annually.

SPENDING HABITS

Sports fans are the biggest spenders globally, with 57% from APAC exceeding US$500 per trip. Notably, 12% of respondents in APAC spend more than US$2,000 per trip. Globally, the 25-34 age group spends the most overall, with a third (33%) exceeding US$1,000 for sports and 31% for music events.

The typical spend for event travellers globally at airports is US$100 (44%) but this varies considerably with those travelling for basketball (30%), Formula 1 (32%) and the Olympics (31%) prepared to spend US$200 or more. As for those travelling for music, 25% are prepared to spend US$200 or above.

Over 4 in 5 (82%) of APAC sports and music fans have travelled to a new city or country to watch their favourite team or artist and of those, 28% said they have returned to these new cities / countries – with a further 31% planning to return. This presents huge economic growth opportunities for local businesses within these destinations, particularly where repeat business can be identified ahead of time. 

ELEVATED AIRPORT EXPERIENCES

Those travelling to see their favourite sports team or artist are looking for more premium travel experiences, which means they are more likely to take advantage of airport experiences.

More than half (52%) of APAC sports and music fans have used airport experiences when travelling for an event, which includes visiting an airport lounge (34%), gaming lounges (15%), sleep pods (16%) and spas (13%). The top reasons APAC fans visit an airport lounge is to relax and unwind before or after watching their favourite team/artist (58% for sports and 59% for music fans), followed by enjoying food and drink options at the airport (56% for sports and 57% for music). 

The uptake of airport lounges is higher among those spending more money on the trip overall. Globally, those travelling to basketball events (48%), Formula 1 (45%) and the Olympics (44%) are more likely to use lounges, with these fans also spending the most. 

TAILORING CUSTOMER ENGAGEMENT AND LOYALTY PROGRAMMES

Around 65% of APAC event travellers participate in customer engagement and loyalty programmes. Many have joined customer engagement and loyalty programmes that offer points/miles (46%) or discounts on flights (50%), tickets (39%) and accommodation (38%). Over a third (39%) of APAC event travellers would choose a payment card that offered exclusive travel benefits such as access to airport lounges, travel insurance (42%), and an event package (42%) that includes flights, accommodation, transfers and tickets.

Airport lounge access is a popular travel benefit through payment cards, particularly for travellers from India (43%), Hong Kong, UAE, Australia (all 41%), Singapore (40%) Germany (34%), UK (33%) and Brazil (32%).

"The growing and global fanbase that will travel to iconic sports and music events is looking for unforgettable experiences and are prepared to spend significantly to make their trip extra special," says Christopher Evans, CEO of Collinson International, owner and operator of Priority Pass. "Fans are by definition synonymous with loyalty. This new research shows the high value they place on travel benefits. Great news for the travel industry and for those businesses targeting frequent travellers providing the opportunity to capitalise on the rise of event tourism by offering the travel benefits fans crave. In return, they will see the advantage of being top-of-mind and wallet with these frequent travellers, boosting engagement, building loyalty, and driving additional cross-border spend."

"Sports and music events fuel wanderlust, taking travellers to every corner of the globe. As the appetite for sports and music tourism grows across Asia Pacific, significant opportunities for businesses are opening up," says Todd Handcock, Global Chief Commercial Officer and Asia Pacific President, Collinson International. "This is particularly true for the travel sector, with Asia Pacific travellers being some of the highest spenders globally; as well as financial services organisations, with the latter witnessing significant shifts driven by technological advancements, evolving consumer expectations, and disruptive competitors. As businesses navigate this changing era, consumer loyalty and engagement emerge as pivotal drivers of growth and competitive advantage. Brands who can unlock the power and influence of sports and music-related rewards will position themselves well to benefit from higher customer engagement and retention."

To find out more, read the full report here.

Notes to Editors

Collinson International commissioned this research independently. The report is not endorsed by any party mentioned herein.

Methodology: Research commissioned by Collinson International, owner and operator of Priority Pass, and independently conducted among a sample of 8,537 travellers from 17 countries and territories including: Australia (505), Brazil (502), Colombia (503), France (501), Germany (503), Hong Kong (501), India (502), Italy (504), Mexico (502), Peru (503), Saudi Arabia (501), Singapore (503), Spain (501), Thailand (503), UAE (501), UK (502) and USA (500). The survey was completed online in June 2024.  

Currency in US$.

Methodology 

Research commissioned by Collinson International, owner and operator of Priority Pass, and independently conducted among a sample of 8,537 travellers from 17 countries and territories including: Australia (505), Brazil (502), Colombia (503), France (501), Germany (503), Hong Kong (501), India (502), Italy (504), Mexico (502), Peru (503), Saudi Arabia (501), Singapore (503), Spain (501), Thailand (503), UAE (501), UK (502) and USA (500). The survey was completed online in June 2024.  

About Collinson International

Collinson International is the global, privately-owned company dedicated to helping the world to travel with ease and confidence. We work with the world’s leading payment networks, over 1,400 banks, 90 airlines and 20 hotel groups worldwide. We deliver market-leading airport experiences, loyalty and customer engagement, and insurance solutions for over 400 million end consumers.

Collinson International is the operator of Priority Pass, the world’s original and leading airport experiences programme. Travellers can access a network of over 1,600 lounges and travel experiences, including dining, retail, sleep and spa, in over 725 airports in 145 countries, helping to elevate the journey into something special. 

[1] Global Markets Insights, Sports Tourism Market Forecast 2024 – 2032 https://www.gminsights.com/industry-analysis/sports-tourism-market

[2] Custom Market Insights, Global Music Tourism Market 2024–2033 https://www.custommarketinsights.com/report/music-tourism-market/

 

Source : Sports and Music Event Tourism unlocks new opportunities to capture spend

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Centi-Millionaire Boom: America and China Dominate the Super Rich Club

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LONDON, Sept. 17, 2024 /PRNewswire/ — There are currently 29,350 individuals worldwide with liquid investable assets of USD 100 million or more, according to the Centi-Millionaire Report 2024 released today by wealth and investment migration advisors Henley & Partners.

This exclusive club has grown globally by 54% over the last decade, with America and China experiencing a centi-millionaire boom, significantly outperforming their European counterparts.

China’s ascent has been the most dramatic, with its centi-population expanding by 108% over the past 10 years — outpacing even the US, whose super-rich ranks swelled by 81% over the same period. In contrast, Europe’s centi-millionaire growth has been anemic, increasing by only 26% over the past decade.

Dr. Juerg Steffen, CEO of Henley & Partners, says the lethargic performance is due to slow growth in major markets such as the UK, Germany, and France. "Pockets of dynamism exist, with smaller European markets such as Monaco, Malta, Montenegro, and Poland seeing their centi-millionaire populations surge by 75% or more. The geography of extreme affluence is shifting. As this elite group continues to grow and migrate, its influence on global economics, politics, and society is likely to be profound and far-reaching."

America’s dominance hangs in the balance

The report reveals that one-third of the world’s centi-millionaires reside in 50 key cities across the world. The US continues to dominate the centi-city landscape, claiming 1st, 2nd, and 3rd places in the Top 50 Cities for Centi-Millionaires, and boasting a total of 15 metropolises on the elite list.

New York City reigns supreme with 744 resident centi-millionaires, followed closely by the Bay Area with 675, and Los Angeles with 496 super rich residents.

However, as David Young from the US think tank The Conference Board points out, "existing centi-millionaire growth and migration trends will depend largely on the upcoming US presidential elections where we anticipate drastic differences in fiscal, monetary, economic, and social policies. The results may cause a shift from North America being so attractive, as centis turn to countries that provide greater economic and political security".

Dr. Steffen adds that wealthy Americans have become the firm’s single largest client cohort, with a five-fold increase in investment migration enquiries this year. "We are witnessing a fascinating paradox. On one hand, the US remains the world’s top wealth hub, accounting for over 30% of global liquid investable wealth — a massive USD 67 trillion. Yet, on the other hand, we’re seeing an unprecedented surge in affluent Americans seeking alternative residence and citizenship options."

Democratic presidential nominee Kamala Harris recently endorsed the tax increases proposed by President Biden in his fiscal year 2025 budget — including a new idea that would require taxpayers with net wealth above USD 100 million to pay a minimum tax on their unrealized capital gains. However, as Director of Tax Services at Henley & Partners, Peter Ferrigno, warns, "any proposal that deviates too far from accepted international tax principles of only taxing realized income would lead to people looking very carefully at the US as a place to invest in. Taxing an unrealized gain on the way up looks great, but the optics of handing billionaires tax refunds in the following year when those unrealized gains reverse, looks terrible. Handled poorly, this can look like a bailout for the rich when their stock prices fall." 

Asia’s rising influence as Europe falls behind

Four Asian cities and territories are now among the world’s Top 10 centi-millionaire hotspots. Beijing sits in 5th position worldwide with 347 centis, while Singapore follows closely in 6th place with 336. Shanghai is in 7th place with 322 centi-millionaires and Hong Kong ranks 8th, boasting 320 ultra-wealthy residents.

Both Singapore and Hong Kong are forecast to enjoy exceptionally high centi-millionaire growth rates of over 100% in the next decade and a half (to 2040).

However, London, once considered the financial capital of the world, now ranks just 4th in the Top 50 Cities for Centi-Millionaires with 370 super-rich residents and a lackluster forecast of less than 50% when it comes to centi growth over the next 16 years (to 2040). Finally. Paris claims the10th spot on the latest centi-rich city index with 286 ultra-wealthy residents.

Centi city hotspots to watch

Looking ahead to 2040, several Asian and Middle Eastern cities are poised for explosive growth, with Hangzhou, Shenzhen, Taipei, Dubai, and Abu Dhabi projected to see increases of over 150% in their centi-millionaire communities.

Emerging markets are also set to make their mark. Riyadh in Saudi Arabia and Bengaluru in India are both forecast to enjoy growth of over 150% in their centi-populations over the next 16 years.

Read the full Press Release

Source : Centi-Millionaire Boom: America and China Dominate the Super Rich Club

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Trina Storage Earns the World's First UL Verified Mark Certificate for Thermal Performance in its Elementa 2 Liquid-Cooled BESS Cabinets

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MUNICH, Sept. 17, 2024 /PRNewswire/ — On September 3, Trina Storage proudly achieved the world’s first UL Verified Mark certificate for thermal performance of its liquid-cooled energy storage containers, issued by UL Solutions, a renowned global certification authority. This accolade highlights Trina Storage’s innovative prowess and the global recognition of its product quality in the energy storage industry.


Trina Storage Earns the World’s First UL Verified Mark Certificate

UL Solutions conducted comprehensive testing on Trina Storage’s liquid-cooled containers, evaluating factors such as temperature control precision, heat exchange efficiency, system stability, and durability. Trina Storage’s containers excelled across all tests, showcasing exceptional efficiency and stability even under extreme conditions. Leveraging cutting-edge liquid cooling technology, Elementa liquid-cooled containers effectively manage the heat generation during energy storage operations, ensuring stable and safe battery performance.

In terms of technological implementation, Trina Storage integrates advanced design features into its flagship product, Elementa 2, including multi-modal chillers, heat transfer and conduction structures, pipeline flow topologies, and dynamic temperature control strategies.

NTC temperature sensors are strategically placed across the entire battery cell surface, ensuring comprehensive and precise temperature monitoring. During the temperature control performance verification, battery surface temperatures were monitored throughout the charging, discharging, and resting phases. Real-time monitoring of these processes revealed a temperature variation of less than 2.5°C, achieving consistent compartment temperature and system thermal stability.

Furthermore, the thermal management technology demonstrated outstanding performance in pipeline flow uniformity and liquid cooling plate consistency, with all test results meeting design standards. Compared to traditional cooling methods, Trina’s thermal management strategy extends cell lifecycle by 10%, providing strong assurance for the long-term stability of energy storage systems.

The Verified Mark certificate awarded to Trina Storage was granted after UL Solutions’ stringent testing and verification processes, ensuring the authenticity and reliability of the thermal performance of Trina’s liquid-cooled containers.

Trina prioritizes technological innovation and product reliability, with multiple products certificated by UL. This latest temperature control performance verification by UL Solutions further underscores Trina Storage’s expertise and dedication to maintaining high standards in energy storage technology.

Trina Storage, as a global leader in energy storage products and solutions, is dedicated to transforming the way we provide energy. Going forward, Trina Storage will continue to adhere to an innovation-driven development philosophy, consistently exploring and developing more efficient energy storage solutions.

Source : Trina Storage Earns the World's First UL Verified Mark Certificate for Thermal Performance in its Elementa 2 Liquid-Cooled BESS Cabinets

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Subgroup Analysis from Pivotal WU-KONG1B Study Exhibits Robust Efficacy of Sunvozertinib in Non-Small Cell Lung Cancer Patients with EGFR Exon 20 Insertion Mutations Across Different Baseline Characteristics

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Results of subgroup analysis from the pivotal WU-KONG1B study in relapsed or refractory NSCLC with EGFR exon20ins presented at ESMO 2024

Sunvozertinib demonstrated promising anti-tumor efficacy, regardless of EGFR exon20ins region classification, race, region, baseline brain metastasis, prior amivantamab or prior immunotherapy status. The safety profile of sunvozertinib was similar to previously reported results, and clinically manageable.

SHANGHAI, Sept. 17, 2024 /PRNewswire/ — Dizal (SSE:688192), a biopharmaceutical company committed to developing novel medicines for the treatment of cancer and immunological diseases, presented subgroup analysis findings of its WU-KONG1 Part B (WU-KONG1B) study at the 2024 European Society for Medical Oncology (ESMO) Congress. The results showed promising anti-tumor efficacy of sunvozertinib in relapsed or refractory non-small cell lung cancer (NSCLC) with epidermal growth factor receptor (EGFR) exon 20 insertion mutations (exon20ins) across different baseline characteristics, underpinning its significant clinical value for this patient population around the globe.

WU-KONG1B is an open-label, multinational pivotal study to investigate the efficacy and safety of sunvozertinib in relapsed or refractory NSCLC with EGFR exon20ins. The study is currently being conducted across 10 countries and regions in Asia, Europe, North America, and South America. WU-KONG1B met its primary endpoint, with the preliminary results featured as an oral presentation at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting, demonstrating the transformative potential of sunvozertinib as a single, oral agent to treat EGFR exon20ins NSCLC. Results of the subgroup analysis were presented on September 14 at the 2024 ESMO Congress in Barcelona, Spain.

As of March 22, 2024, a total of 107 patients with at least 33 EGFR exon20ins subtypes were included in the efficacy analysis set. The key findings were as follows:

 Per independent review committee (IRC) assessment, target lesions shrinkage was observed in 92.4% (98/106) of patients.  Per IRC assessment, the best objective response rate (ORR) was 53.3%, including 3 complete response (CR).  By EGFR exon20ins region classification, the best ORR in near loop, far loop, C-helix and unknown were 51.9%, 59.1%, 66.7% and 40%, respectively.  IRC assessed ORR was comparable between different subgroups regardless of race, region, baseline disease characteristics and prior anti-cancer treatment history.

Race

Region

Baseline BM

Best Response, n (%)

Asian

(n = 62)

Non-Asian

(n = 45)

Asia

(n = 58)

Non-Asia

(n = 49)

With

(n = 27)

Without

(n = 80)

CR

3 (4.8)

0 (0.0)

3 (5.2)

0 (0.0)

0 (0.0)

3 (3.8)

PR

32 (51.6)

22 (48.9)

29 (50.0)

25 (51.0)

18 (66.7)

36 (45.0)

    Prior Amivantamab treatment   

Prior IO treatment

Best Response, n (%)

With

(n = 14)

Without

(n = 93)

With

     (n = 52)      

Without

   (n = 55)     

CR

0 (0.0)

3 (3.2)

2 (3.8)

1 (1.8)

PR

7 (50.0)

47 (50.5)

26 (50.0)

28 (50.9)

With median follow-up of 7 months, duration of response (DoR) was not reached, and 66.7% of responders were still responding. The safety profile was similar to previously reported results, and clinically manageable.

"WU-KONG1B study enrolled more than 40% of non-Asian patients. The subgroup analysis suggested superior anti-tumor efficacies and well-tolerated safety profiles of sunvozertinib across EGFR exon20ins NSCLC patients with different baseline demographics and clinical characteristics on a global scale. We are intensifying our efforts to advance ongoing global pivotal studies and regulatory submissions of this FDA Breakthrough Therapy Designated asset, making available an effective and safe oral option to more patients around the world." said Xiaolin Zhang, PhD, CEO of Dizal.

WU-KONG28, a phase Ⅲ multinational randomized study, is ongoing to assess sunvozertinib versus platinum-based doublet chemotherapy as a first-line treatment in patients from 16 countries and regions in Asia, Europe, North America, and South America. The anticipated data of this study is expected to further improve outcomes of patients in this realm.

About sunvozertinib (DZD9008)

Sunvozertinib is an irreversible EGFR inhibitor discovered by Dizal scientists targeting a wide spectrum of EGFR mutations with wild-type EGFR selectivity. In August 2023, sunvozertinib received approval from NMPA to treat advanced NSCLC with EGFR exon20ins after platinum-based chemotherapies. The approval is based on the results of WU-KONG6 study, the pivotal study of sunvozertinib in platinum-based chemotherapy pretreated NSCLC with EGFR exon20ins. The primary endpoint of the study was the confirmed overall response rate (cORR) as assessed by the Independent Review Committee (IRC) reached 60.8%. Anti-tumor efficacy was observed across a broad range of EGFR exon20ins subtypes, and in patients with pretreated and stable brain metastasis. In addition, sunvozertinib also demonstrated encouraging anti-tumor activity in NSCLC patients with EGFR sensitizing, T790M, and uncommon mutations (such as G719X, L861Q, etc.), as well as HER2 exon20ins.

Sunvozertinib showed a well-tolerated and manageable safety profile in the clinic. The most common drug-related TEAEs (treatment-emergent adverse event) were Grade 1/2 in nature and clinically manageable.

Two global pivotal studies are ongoing in ≥ 2nd line (WU-KONG1 Part B) and 1st line setting (WU-KONG28), respectively, in NSCLC patients with EGFR exon20ins.

Pre-clinical and clinical results of sunvozertinib were published in peer-reviewed journals Cancer Discovery (IF:39.397) and The Lancet Respiratory Medicine (IF: 76.2).

About Dizal

Dizal is a biopharmaceutical company, dedicated to the discovery, development and commercialization of differentiated therapeutics for the treatment of cancer and immunological diseases. The company aims to develop first-in-class and groundbreaking new medicines, and further address unmet medical needs worldwide. Deep-rooted in translational science and molecular design, it has established an internationally competitive portfolio with two leading assets in global pivotal studies, both of which have already been launched in China. 

To learn more about Dizal, please visit www.dizalpharma.com, or follow us on Linkedin or Twitter.

Forward-Looking Statements

This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", and "intend" and similar expressions, as they relate to Dizal, are intended to identify certain forward-looking statements. Dizal does not intend to update these forward-looking statements regularly.

These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections, and understandings of the management of Dizal with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties, and other factors, some of which are beyond Dizal’s control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Dizal’s competitive environment, and political, economic, legal, and social conditions.

Dizal, the Directors, and the employees of Dizal assume (a) no obligation to correct or update the forward-looking statements contained on this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turnout to be incorrect.

Contacts
Investor Relations: [email protected]
Business Development: [email protected]
Media Contact: [email protected]

Source : Subgroup Analysis from Pivotal WU-KONG1B Study Exhibits Robust Efficacy of Sunvozertinib in Non-Small Cell Lung Cancer Patients with EGFR Exon 20 Insertion Mutations Across Different Baseline Characteristics

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DELTA ELECTRONICS PRESENTS INTELLIGENT INDOOR AIR QUALITY SOLUTIONS, ENERGY INFRASTRUCTURE, AND INDUSTRIAL SOLUTIONS AT MARVEX 2024

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KUALA LUMPUR, Malaysia, Sept. 17, 2024 /PRNewswire/ — Delta, a global leader in power management and provider of IoT-based smart green solutions, will return to the Air-Conditioning, Refrigeration and Ventilation Exhibition 2024, Malaysia (MARVEX) for the second consecutive year. From September 18-21, Delta will showcase its extensive range of smart building innovations at MARVEX 2024, addressing the growing demand for intelligent building solutions. This year, Delta will spotlight its energy-efficient retrofit solutions, including HVAC systems tailored for flexible building automation, LOYTEC’s advanced network control, the UNOnext Indoor Air Quality Monitor, and the Delta Energy Online Energy Management System.


The UNOnext Indoor Air Quality Monitor is the centerpiece of Delta’s MARVEX 2024 showcase.

Mr. Jimmy Wan, Country Manager of Delta Singapore and Malaysia, said, "We are excited to return to MARVEX, where we can demonstrate Delta’s commitment to advancing public health through smart and sustainable solutions. By integrating cutting-edge technologies with a profound understanding of our customers’ needs, we aim to make a lasting impact on the well-being of communities in Southeast Asia and beyond, creating healthier, more efficient indoor environments for a better future."

Visitors to MARVEX 2024 will have the opportunity to explore Delta Electronics’ products, such as LOYTEC’s advanced intelligent network control solutions for building automation. Highlights include the L-INX automation server and the award-winning L-DALI lighting solution, both exemplifying top-tier connectivity and seamless system integration. Also featured is the Delta Energy Online Energy Management System, offering comprehensive real-time and historical energy data for efficient monitoring and optimization. Finally, the centerpiece of Delta’s 2024 showcase is the UNO Indoor Air Quality Solution, a state-of-the-art system designed to ensure superior indoor air quality control and management.

Achieving healthier, cleaner and greener spaces with UNOnext

Pioneered by Delta, the UNOnext Indoor Air Quality Monitor is an advanced solution for indoor air quality control and management. It accurately detects multiple types of harmful indoor air factors and can integrate seamlessly with existing HVAC systems, ventilators, energy recovery ventilators (ERVs), and air purifiers to ensure a fresh and energy-efficient environment.

Utilizing IoT technology, UNO provides intuitive local and remote monitoring through visual panels and mobile apps. This plug-and-play device offers real-time indoor air information, historical data trends, and cloud storage. Aligned with global guidelines and recommendations on indoor air quality control, UNO has achieved recognition from RESET® and Works with WELL licensing program[1] for its ability to enhance human health and well-being through its monitoring system. The innovative design of UNOnext also earned extra points from the LEED green building standards and WELL healthy building standards.

Suitable for homes, offices, classrooms, hospitals, and clinics, UNO has been installed in office buildings across Singapore and Malaysia.

Delta leads the way in advancing community well-being with smart, sustainable solutions. Through MARVEX, Delta Electronics seeks to collaborate with industry partners and support the growth of the air-conditioning, refrigeration, and ventilation sectors in Malaysia and the region.

Learn more about Delta Electronics here.

[1] News Center – Delta Recognized with ‘Works With WELL’ Licensing Program for its Building Automation O3 Sensor Hub and UNO Indoor Air Quality Monitor – Delta (deltaww.com)

 

ABOUT DELTA ELECTRONICS INT’L (Singapore)
The company is a wholly owned subsidiary of Delta Electronics, Inc.

ABOUT DELTA
Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 13 consecutive years. Delta has also won CDP with double A List for three times for its substantial contribution to climate change and water security issues and has been named Supplier Engagement Leader for its continuous development of a sustainable value chain for seven consecutive years.

For detailed information about Delta, please visit: www.deltaww.com

Source : DELTA ELECTRONICS PRESENTS INTELLIGENT INDOOR AIR QUALITY SOLUTIONS, ENERGY INFRASTRUCTURE, AND INDUSTRIAL SOLUTIONS AT MARVEX 2024

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Fan-tastic Journeys: Sports and Music Events Take Fans to New Destinations

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Priority Pass shares what sports and music fans want from their travel experiences.

•  Over three-quarters (80%) of sports and music fans in Asia Pacific (APAC) travelled to an event by plane in the past 3 years or plan to in the next 12 months

•  The top five sports people travel for globally are football, basketball, the Olympics, Formula 1 and tennis. Rock in Rio, Coachella and Taylor Swift are driving music tourism

•  More than half of event travellers from the APAC region use airport experiences such as airport lounges, sleep pods and spas

SINGAPORE, Sept. 17, 2024 /PRNewswire/ — New research titled, The Value of Sports and Music Tourism, published by the owners and operators of Priority Pass, Collinson International, reveals the extent to which people are willing to travel – as well as the amount they’re willing to spend – in order to experience their favourite sports team or music artists in person. With a huge summer of sports and major music events taking place, the research found that amongst those travelling from Asia Pacific (APAC) to attend an event by plane, more than four-fifths (85%) have travelled for sports and 74% for music in the past three years, or plan to do so in the coming 12 months. Of these travellers, over half (53%) travel more than once a year, with 19% attending three or more events annually.

FUELLING WANDERLUST

As the biggest global sport, unsurprisingly football (soccer) has the most loyal fanbase, with 70% of fans in APAC travelling to watch their favourite team. Tennis fans in APAC are the second most likely to travel (28%), followed by those watching basketball (25%), Formula 1 (23%) and the Olympics (22%). In turn, music events attracting the highest number of global fans include Rock in Rio, Coachella and Tomorrowland; with Taylor Swift, Travis Scott, Vasco Rossi and Ed Sheeran featuring as the most popular artists.

When it comes to where APAC travellers will go for sporting and music events, Sydney came out as the top destination (35%), followed by London (21%), New York (17%), Paris (16%) and Dubai (15%).

Sports and music events fuel wanderlust, taking travellers to every corner of the globe. 82% of APAC travellers have travelled to a new city or country for a sports or music event, allowing fans to experience different cultures and locations while indulging their passion for sports and music.

The majority of sports (87%) and music (89%) fans in APAC like to arrive between one and three days before an event, while 85% of sports and 86% of music fans like to stay one to three days after an event. This presents travellers with new experiences and memories, as well as huge economic growth opportunities for local businesses within these destinations.

ELEVATING THE JOURNEY

More than half (52%) of APAC event travellers have used airport experiences, which include visiting an airport lounge (34%), gaming lounge (15%), sleep pod (16%) and spa (13%). The top reasons APAC fans visit an airport lounge is to relax and unwind before or after watching their favourite team / artist (58% for sports and 59% for music fans), followed by enjoying food and drink options at the airport (56% for sports fans and 57% for music fans).  

Globally, the uptake of airport lounges is higher among those spending more money on the trip overall. Interestingly, those travelling to basketball events (48%), Formula 1 (45%) and the Olympics (44%) are more likely to use lounges and it is these fans who also spend the most.

HEY BIG SPENDER

When travelling to see their favourite team or artist, it’s not just about the destination, it’s about the journey too. Sports fans are the biggest spenders, with 57% from APAC exceeding US$500 per trip, per person. Globally, the 25-34 age group spends the most overall, with a third (33%) exceeding US$1,000 for sports and 31% for music events. In addition, just under half (44%) of event fans typically spend US$100 at the airport.

"Whether it’s being in the crowd for the big game or watching your favourite artist at a festival, you can’t beat live events – especially when they’re combined with travelling the world. More than ever, people are travelling domestically and internationally for sports and music and this year marks a special occasion, with a huge summer of major events taking place globally" says Christopher Evans, CEO of Collinson International, owner and operator of Priority Pass. "Our latest global research report reveals that not only are people travelling far and wide for sports and music events, but they also want to enhance their travel experiences to make these trips even more memorable. Priority Pass offers seamless, premium airport experiences that elevate every journey. With airport lounges and travel experiences in over 700 airports across 145 countries, there’s an abundance of choice for wherever the summer takes you."

"In Asia Pacific, we see many travellers seeking to make their journeys as memorable as the events they attend," adds Todd Handcock, Global Chief Commercial Officer and Asia Pacific President, Collinson International. "We understand and relate to travellers’ passion for exploration. By offering premium travel benefits such as access to airport lounges and travel experiences, we ensure that every aspect of our members’ trips (some of which are in the ‘once in a lifetime’ category) are enjoyable, stress-free, and are made that little bit more special with Priority Pass." 

To find out more, read the full report here.

Notes to Editors

Collinson International, the owner and operator of Priority Pass, commissioned this research independently. The report is not endorsed by any party mentioned herein.

Methodology: Research commissioned by Collinson International, owner and operator of Priority Pass, and independently conducted among a sample of 8,537 travellers from 17 countries and territories including: Australia (505), Brazil (502), Colombia (503), France (501), Germany (503), Hong Kong (501), India (502), Italy (504), Mexico (502), Peru (503), Saudi Arabia (501), Singapore (503), Spain (501), Thailand (503), UAE (501), UK (502), and USA (500). The survey was completed online in June 2024.

Currency in US$.

About Priority Pass

Priority Pass is the world’s original and market-leading airport experiences programme. We provide travellers with access to over 1,600 airport lounges and travel experiences in over 725 airports in 145 countries. Members can access an ever-growing range of premium experiences – from spas to sleeping pods to dining – that help elevate every journey into something special. By building partnerships with other leading brands, we help to bring a better travel experience to the world.  

Priority Pass is operated by Collinson International, the global, privately-owned company dedicated to helping the world to travel with ease and confidence. 

Source : Fan-tastic Journeys: Sports and Music Events Take Fans to New Destinations

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Aker Horizons ASA: Lars P. Sørvaag Sperre appointed new CEO; Kristian Røkke proposed nominated as Chairman

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FORNEBU, Norway, Sept. 17, 2024 /PRNewswire/ — Aker Horizons ASA ("Aker Horizons") announced that its Board of Directors has appointed Lars P. Sørvaag Sperre as its Chief Executive Officer effective from 1 October 2024. Mr. Sperre will succeed Kristian Røkke, whom Aker ASA ("Aker") will propose to the Nomination Committee of Aker Horizons to be appointed as Chairman of the Board at an Extraordinary General Meeting.

"It is a pleasure to welcome Lars as Aker Horizons’ new CEO. His extensive track record with industrial development activities and capital markets, as well as having navigated complex situations in Norske Skog, will allow him to hit the ground running in steering the company through its next phase," said Øyvind Eriksen, CEO of Aker ASA and current Chairman of Aker Horizons. "On behalf of the entire Board, I would like to thank Kristian for his leadership the last four years. His new role as Chairman of the Board will ensure continuity for the company going forward."

Lars P. S. Sperre will assume the role as CEO, effective 1 October 2024. Mr. Sperre’s experience includes a 17-year career at Norske Skog, including as SVP Corporate Strategy and CEO. He holds a law degree from the University of Bergen.

Aker will propose to the Nomination Committee of Aker Horizons that Kristian Røkke takes the position of Chairman of the Board of Aker Horizons ("the Board"). Further, Aker will propose that Øyvind Eriksen is named Deputy Chairman of the Board. The Board remains otherwise unchanged. The Nomination Committee has been informed of Aker’s planned proposal and will discuss it at its earliest convenience. Aker Horizons will soon call for an Extraordinary General Meeting.

"The energy transition continues to be both an enormous investment challenge and an unprecedented opportunity. Over the past four years, we have experienced firsthand the complexities of being a first mover in emerging markets and new technologies, while achieving progress in advancing the energy industry’s path to Net Zero. I am confident these experiences will serve us well as the industry continues to evolve. I look forward to contributing to the next phase of this journey in my new role as Chairman," said Kristian Røkke.

"Investments in renewables have faced headwinds the last few years, but opportunities ahead are considerable. I am honored and ready to carry the baton in Aker Horizons and look forward to joining the team," said Lars P.S. Sperre.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Mats Ektvedt, Partner in Corporate Communications, on 17 September 2024 at 08:15 CEST.

For further information, please contact:
Mats Ektvedt, Media
Tel: +47 41 42 33 28
[email protected]

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Source : Aker Horizons ASA: Lars P. Sørvaag Sperre appointed new CEO; Kristian Røkke proposed nominated as Chairman

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network