logo
CONSTANCE HOSPITALITY HONOURED AT THE TRIPADVISOR TRAVELERS' CHOICE AWARDS 2025

CONSTANCE HOSPITALITY HONOURED AT THE TRIPADVISOR TRAVELERS' CHOICE AWARDS 2025

Web Release19-05-2025

C Mauritius Palmar, the original lifestyle property under the spirited C Resorts brand, has been ranked 1st Best All-Inclusive Hotel in the Africa Region, a remarkable accolade that reflects its vibrant energy and exceptional guest satisfaction. C Resorts brings a cheeky, feel-good twist to tropical holidays, inviting guests of all ages to 'Come Play, Let Go and Feel Free' to embrace the moment.
C Mauritius Palmar
Jean-Jacques Vallet, CEO of Constance Hospitality, shared:
'This recognition is a powerful reflection of the passion and professionalism of our teams, who continue to elevate the guest experience with authenticity and care. We are deeply thankful to our loyal guests for their continued trust and support, and to our dedicated team members for their devotion to excellence, which inspire us to reach new heights in delivering meaningful and memorable experiences.'
The Tripadvisor Travelers' Choice Awards are based on genuine reviews and ratings from travellers around the world, making this achievement particularly meaningful.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Eutelsat announces $1.56bn capital increase
Eutelsat announces $1.56bn capital increase

Broadcast Pro

timea day ago

  • Broadcast Pro

Eutelsat announces $1.56bn capital increase

Eutelsat to execute $1.56bn capital increase by year-end to advance its strategic vision and long-term goals. Eutelsat has announced a Contemplated capital increase of $1.56 bn, anchored by key reference shareholders, to secure the execution of long-term strategic vision. Eutelsat is one of only two global operators with active commercial LEO (Low Earth Orbit) fleets and with a clear differentiation, being the only one exclusively focused on the B2B and B2G markets. While the global satellite connectivity market is expected to increase by 12% per annum between 2025 and 2029, the global LEO B2B connectivity market, valued at over $2.1bn in 2025, is expected to grow at a 28% CAGR through 2029 and multiply its current size fivefold over the next eight years, offering significant short to long-term growth potential. Eutelsat, the only GEO-LEO operator, and the only European operator with a fully operational LEO network, uniquely positioned to capture the momentum in the connectivity market. Eutelsat is contemplating raising $1.56bn of capital by way of (i) a reserved capital increase of €716m at a price per share of €4 corresponding to a +32% premium to the 30-day-VWAP of the shares as computed on Euronext Paris (the “Reserved Capital Increase”), which would be subscribed by the French State via the Agence des Participations de l’Etat (“APE”), Bharti Space Limited, CMA CGM, and Le Fonds Stratégique de Participations (“FSP”), and (ii) a rights issue of €634m (the “Rights Issue”), which would be subscribed for their rights by the above investors. Prior to the approval of the Reserved Capital Increase by Eutelsat’s shareholders, the APE will acquire the shares of the Company currently held by Bpifrance Participations, at a price per share equal to the subscription price of the Reserved Capital Increase. Consequently, the Board member representing Bpifrance Participations would be replaced by a representative of the French State. This capital increase would represent a pivotal step in Eutelsat’s strategic and financing roadmap, enabling the execution of its strategic vision. Coupled with a dedicated debt refinancing plan, this capital increase will reinforce the Company’s financial flexibility by accelerating its deleveraging and support investment in its existing Low Earth Orbit (LEO) capabilities and the future IRIS² constellation. On the back of the forthcoming capital increase, Eutelsat would reduce its leverage to c. 2.5x4 by year-end FY’2025-26, and would be well placed to tap debt capital markets, raise export credit financing and extend its bank debt maturities in order to fully cover the financing needs of its medium-term plan. Jean-François Fallacher, CEO of Eutelsat Group, said: “Eutelsat enters a new chapter, centered on the deployment of LEO, a major innovative and technological revolution for the Satellite industry. Thanks to its differentiated GEO-LEO positioning and global coverage, Eutelsat is ready to become a central player in the development of the European sovereign space of tomorrow. I welcome the contemplated capital increase which will give Eutelsat the requisite financing to implement its strategic roadmap. I am grateful for the support of the French State and the ongoing commitment of our other anchor shareholders – Bharti, CMA CGM and FSP and thank them for their confidence.” Eric Lombard, Minister for the Economy, Finance and Industrial and Digital Sovereignty, stated: 'The French State is proud to contribute to strengthening Eutelsat’s capital structure and support the company at pivotal stage of its development. This transaction reflects our strong commitment towards a major player in satellite connectivity — a strategic sector at the heart of Europe’s digital sovereignty — while fostering remarkable potential for technological innovation and sustainable economic growth. Through this transaction, France reaffirms its determination to build, together with the company and its European partners, a competitive, resilient, and sovereign space industry, particularly around the IRIS² programme, which is a key pillar of our strategic autonomy. 'We are convinced that the company’s solid fundamentals — its recognised expertise in geostationary orbit, its innovative solutions in low Earth orbit, its committed team, and its ambitious vision — are the foundations for lasting success. Eutelsat is opening a new chapter in its history, and the State will be fully present to help write it alongside the company.'

Abdulla Al Hamed meets Prince of Netherlands, Cannes official ahead of BRIDGE Summit in Abu Dhabi
Abdulla Al Hamed meets Prince of Netherlands, Cannes official ahead of BRIDGE Summit in Abu Dhabi

Al Etihad

time3 days ago

  • Al Etihad

Abdulla Al Hamed meets Prince of Netherlands, Cannes official ahead of BRIDGE Summit in Abu Dhabi

19 June 2025 19:51 CANNES (WAM)Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office (NMO) and Chairman of the Board of Directors of the UAE Media Council, met Constantijn Christof Frederik Aschwin, Prince of the Netherlands, Honorary President of the World Press Photo Foundation, and Jean-Michel Arnaud, President of le Palais des Festivals and Deputy Mayor for Culture in the city of Cannes, during the Cannes Lions International Festival of Creativity in meeting was attended by Dr. Jamal Mohammed Obaid Al Kaabi, Director-General of the National Media discussions formed part of the preparations for the BRIDGE Summit, which will be held in Abu Dhabi this December. Al Hamed said the summit will serve as a strategic platform to forge effective media partnerships, exchange successful expertise and develop innovative working models that advance the sector while promoting constructive dialogue and social Hamed and Prince Constantijn explored prospects for joint cooperation and strategic partnerships that enhance the media's role in supporting humanitarian values and advancing global initiatives in journalism, visual storytelling and cultural Hamed invited the prince to participate in the summit, emphasising the value of contributions from leading institutions such as World Press Photo Foundation in shaping conversations on the future of media and the power of imagery to foster intercultural a separate meeting, Al Hamed and Jean-Michel Arnaud discussed collaboration between the Cannes Lions Festival and the BRIDGE Summit to develop talent in cinema and drama through training programmes and knowledge exchange with international experts. They also reviewed the pivotal role of cities in strengthening the creative economy by hosting major global events and building integrated ecosystems that attract talent, investment and innovation.

Dubai Arbitration Centre Partners with Jus Mundi to Integrate AI and Boost Efficiency
Dubai Arbitration Centre Partners with Jus Mundi to Integrate AI and Boost Efficiency

Hi Dubai

time6 days ago

  • Hi Dubai

Dubai Arbitration Centre Partners with Jus Mundi to Integrate AI and Boost Efficiency

The Dubai International Arbitration Centre (DIAC) has partnered with legal tech firm Jus Mundi in a strategic move to integrate artificial intelligence into its operations, marking a significant step forward in modernizing arbitration services in the region. Through this collaboration, DIAC's case management team will be trained on Jus AI , Jus Mundi's advanced AI-powered legal research and workflow platform. The initiative aims to enhance the speed, accuracy, and quality of arbitration processes while streamlining internal workflows. The partnership also reinforces DIAC's push for greater transparency. For the first time, DIAC will publish its decisions on challenges via Jus Mundi's global platform, providing open access to key legal materials for practitioners, researchers, and the wider arbitration community. In addition to operational enhancements, the agreement includes a series of joint thought leadership projects focused on innovation in dispute resolution. These will include legal education initiatives and opportunities for collaboration across the global arbitration landscape. A key highlight of the partnership is the upcoming launch of DIAC's Virtual Academy , scheduled for later this month. Jus Mundi will play a central role in shaping the academy's AI-driven curriculum, aimed at upskilling legal professionals in emerging arbitration technologies. Jehad Kazim, Executive Director of DIAC, emphasized the value of the partnership, stating it will empower legal practitioners and advance international arbitration standards. Jean-Rémi de Maistre, CEO of Jus Mundi, called the collaboration an opportunity to 'help shape the future of dispute resolution' through transformative AI tools. This alliance positions DIAC at the forefront of tech-driven arbitration, reinforcing Dubai's role as a global hub for legal innovation. News Source: Emirates News Agency

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store