SIMPLi Accelerates Regenerative Organic Innovation with 10 New Pantry Staples
The regenerative organic pantry staples brand marks its largest product expansion to date, with first-ever sourcing from Africa, North America, and Italy
Real Estate Fintech Startup Whale Raises $4 million Seed Round
Proptech venture capital firm Camber Creek led the round with participation from Stackpoint, a venture studio dedicated to building and investing in real estate technology companies.
MARS Energy Group Acquires CalPrem Roofing and CalPrem Solar, Expanding Integrated Solar and Roofing Model
With the addition of CalPrem Roofing and CalPrem Solar, MARS now provides an expanded suite of services that enhances resiliency and long-term value for homebuilders and businesses.
VoLo Earth Secures $135 Million Fund II, Growing 50% Despite Venture Downturn, Validating Systematic Strategy
VoLo Earth Ventures today announced the close of its second fund at $135 million, a 50% increase over its inaugural $88 million fund. The raise grows VoLo Earth’s total assets under management to around $250 million and underscores investor conviction in its disciplined, capital-efficient strategy. The announcement comes at a time when venture fundraising is at decade lows, making VoLo Earth’s Fund II close a standout signal of where capital is moving.
Choice Hotels International’s WoodSpring Suites Awarded #1 Spot in Guest Satisfaction by J.D. Power
Choice Hotels International, Inc., an industry leader in extended stay, is proud to announce that WoodSpring Suites has been named the #1 economy extended stay brand by the J.D. Power 2025 North America Hotel Guest Satisfaction Index Study. The brand achieved the top ranking across all six evaluated study dimensions which include guest room, hotel facility, hotel connectivity, hotel staff, value for prices paid, and check-in and check-out services. WoodSpring Suites earned recognition in the distinguished study for a fourth consecutive year, having been ranked the #1 economy extended stay brand in 2024 and 2023 – since the category’s introduction – and the #1 overall economy hotel brand in 2022. An all new-construction brand, WoodSpring offers longer-term guests a welcoming environment and spacious, smartly designed suites with in-room kitchens at affordable weekly and monthly rates.
Volo Earth Ventures investment XGS Energy enters into agreement with Meta Platforms
Tertium Fund investment, VoloEarth Ventures, to participate in development of 150MW of geothermal energy in New Mexico utilizing XGS Energy’s proprietary technology which enables geothermal power production with no operating water use.
Orlando preschool looks to set new standard for childcare with the help of the Bainum Family Foundation
As part of its $100M, 5-year commitment to early childhood issues in 2024, the Bainum Family Foundation contributes to the success of AdventHealth for Children West Lakes Early Learning Center in Orlando in bringing quality early learning to the low-income community.
Baltimore Banner wins Pulitzer Prize for coverage of overdose crisis
The Baltimore Banner was awarded the Pulitzer Prize on Monday for groundbreaking local journalism that exposed Baltimore as the deadliest large city in the nation for drug overdoses, calling attention to a crisis that has unfolded as government officials paid little attention to the problem and treatment centers were poorly regulated.
Goldman Sachs recommends Choice Hotels, cuts Hyatt amid weaker US lodging outlook
Goldman Sachs upgraded Choice Hotels (NYSE:CHH) from Sell to Buy, as Goldman shifts its stock preferences favoring asset-light operators with global diversity and less exposure to U.S. resort markets and incentive management fees.
How the 100 Most Influential Women in U.S. Finance Are Shaping the Conversation
Annual list highlighting leaders in finance, economics, policy, and the corporate world features Erin Harkless Moore, Advisor to White Oak Enterprises
SIMPLi Announces Move to Philadelphia to Fuel Company Innovation and Growth, Launches Chia Seeds in Whole Foods Market Nationwide
Recognizing Philadelphia as a hotbed for food innovation and Pennsylvania’s commitment to regenerative organic agriculture, the leading pantry staples brand is expanding its team in the city
Spotlight on Matt Cohen, Co-Founder and Co-CEO of SIMPLi
Matt Cohen co-founded SIMPL alongside his wife and co-founder Sarela Herrada in 2020. Matt and Sarela are on a mission to create a new gold standard in our food system, building scaleable, regenerative organic supply chains to bring the highest quality, single-origin products to US consumers.
How Choice is trying to build a more diverse hotel owner pool
Choice Hotels International’s SOAR — or Supporting Ownership Access and Representation — program helps educate and support potential new hotel owners.
From Bridge Collapse to Business Action: Addressing the Child Care Crisis
David Daniels, CEO & President of Bainum Family Foundation, publishes a call to action for stakeholders across business, philanthropy, government, and education to move with urgency toward solutions to build a solid child care infrastructure.
Interventional Analytics in SNFs Leads to Reduced Readmissions
A study published by the American Journal of Managed Care®, found that Skilled Nursing Facilities (SNFs) that utilized Real Time Medical Systems’ interventional analytics solution saw a reduction in readmissions, a reduction in Medicare spending per beneficiary, a decrease in hospitalizations due to infections acquired during the SNF stay, and an increase in the rate of successful transitions back to home or community settings.
Choice Hotels Second Quarter 2024 Earnings Call Highlights: Record EBITDA
Choice Hotels International Inc (NYSE:CHH) reported a record adjusted EBITDA of $161.7 million for the second quarter, marking a 6% year-over-year growth.
With Nearly 500% year-over-year Growth at Whole Foods Market, SIMPLi Expands Distribution
Launches oils and salts with the retailer nationwide.
Antora Energy Named as a Best Workplace for Innovators by Fast Company
The sixth annual awards honor companies that empower employees to develop innovations that lead their industries forward.
Choice Hotels International’s WoodSpring Suites Ranked #1 in Guest Satisfaction by J.D. Power
Extended stay brand takes top honors for third consecutive year.
Bainum Family Foundation Announces 5-Year, $100 Million Funding Commitment to Early Childhood Education
Foundation’s largest-ever commitment to date deepens commitment to critical early years. Funding adds to outgoing board chair Barbara Bainum’s legacy, advances mission to help children and families thrive.
Choice Hotels Recognized by TIME and Statista’s Inaugural List of “America’s Best Mid-Size Companies 2024”
Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, has been named one of “America’s Best Mid-Size Companies 2024” by TIME and Statista.
EY Announces SIMPLi Co-founder Sarela Herrada an Entrepreneur of the Year Award Winner in the Mid-Atlantic
Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives.
Green Key Global, Choice Hotels partner for sustainability certification
Green Key Global—a sustainable certification program for hotels in North America that is powered by the Hotel Association of Canada and the American Hotel and Lodging Association—has signed an agreement with Choice Hotels International to offer its franchisees preferred services as properties seek its sustainability certification.
Real Time Medical Systems Provides Infection Control and Survey Readiness Education to Nurse Leaders at 2024 NADONA Conference
Industry’s leading post-acute analytics solution highlights ways to reduce administrative and regulatory burdens while driving value-based care collaboration.
Study Confirms Real Time Medical Systems’ Interventional Analytics Platform Significantly Reduces Readmissions Among Skilled Nursing Facilities
The study establishes a pattern of outperformance among Penn Medicine’s Lancaster General Hospital associated with SNFs utilizing company’s analytics platform, pointing to potential CMS cost savings of up to $2.8B annually.
Healthcare Research Publication Validates Real Time Medical Systems Impact on Improving Outcomes
The Management in Healthcare Journal conducted a peer-review on how Real Time Medical Systems’ post-acute analytics solution helped St. Joseph’s Health ACO achieve a 43% reduction in readmissions and $1.6M cost savings.
Choice Hotels International Concludes 68th Annual Convention, One of its Largest Ever
At the convention, Choice Hotels International announced the relaunch of Park Inn by Radisson, the reintroduction of the SOAR program to create hotel ownership opportunities for underrepresented entrepreneurs, and awards for top hotels.
Choice Hotels International Reports First Quarter 2024 Results
The first quarter report includes a 36% increase for conversion hotels and the repurchase of 1.5 million shares of common stock for $196.6 million.
Bainum Family Philanthropy’s Response to the Key Bridge Collapse
The Bainum Family and its philanthropies express their profound sadness over the collapse of Baltimore’s Key Bridge. They recognize the gravity of this tragedy and its far-reaching impact, not only on the families who have tragically lost loved ones, but also on the wider region.
The Baltimore Banner plans expansion to broader Maryland
The Baltimore Banner, a nonprofit digital news publication that launched in 2022, is planning to expand its editorial coverage beyond Maryland’s biggest city into the surrounding regions and beyond.
The Bainum Family Foundation’s Interactive 2022/2023 ‘Year in Review’ Launches
The Year in Review captures, analyzes, and highlights data on the Bainum Family Foundation’s performance as part of its commitment to advancing learning, enhancing organizational performance, and driving positive change in the communities it serves.
Choice Hotels International Reports Fourth Quarter And Full-Year 2023 Results
In the report, Choice Hotels International announced record total revenues and a 16% market increase for conversion hotels, among other highlights.
The Baltimore Banner Selects Bob Cohn as Chief Executive Officer
The Baltimore Banner selects veteran media executive, former editor, and White House Correspondent, Bob Cohn, to serve as CEO.
Ashcroft Capital Announces Acquisition of Elliot Cocoplum
Elliot Cocoplum (formerly Advenir at Cocoplum), which features 360 apartment homes and townhomes, was acquired with equity from Ashcroft and affiliates in a partnership with Peaceable Street Capital.
Bainum Family Hires Patrick George to Lead Restructured Family Office
White Oak Enterprises has hired Patrick George, an experienced family office veteran to run their new consolidated family office that includes an investment division, a family services division, and a hospitality and real estate division.