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Marriott Vacations Worldwide Donates $50,000 to Hawai’i Nonprofits
Funds Support Children’s Wellness, Conservation and Food Insecurity
HONOLULU–(BUSINESS WIRE)–Today, Marriott Vacations Worldwide (MVW), a leading global vacation company, announced a $50,000 donation in charitable gifts to Kapi’Olani Medical Center for Women & Children, Maui Food Bank and Treecovery Hawai˜i. Timed with the opening of its 12th property in Hawai’i, the donation highlights MVW’s commitment to support missions focused on children’s wellness, fighting food insecurity and conservation.
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Marriott Vacations Worldwide celebrates grand opening of Marriott Vacation Club, Waikiki with Lei Cutting Ceremony. (Photo: Business Wire)
This donation represents our dedication to Hawai’i, our commitment to its environment and people, and our appreciation for the community that has continuously welcomed us in as part of its Ohana, said John Geller, president and CEO at Marriott Vacations Worldwide. It’s an honor to be able to provide resources to community members who need it most.
This contribution also reinforces the company’s ongoing effort to support Hawai’i and Maui’s recovery from the August 2023 wildfires. Earlier this year, MVW resorts including Marriott’s Maui Ocean Club and The Westin Nanea Ocean Villas partnered with Treecovery to open several grow hubs in the region, helping recover some of the estimated 25,000 trees that were damaged or lost in the fires.
We are incredibly grateful for the unwavering support we’ve received from Marriott Vacations Worldwide and its local teams, said Duane Sparkman, founder and president of Treecovery Hawai˜i. This donation will help us accelerate our continued recovery and reforestation efforts. Together, we are rebuilding our communities and helping our land heal.
MVW has also raised nearly $1 million since 2020 for Kapi’Olani Medical Center for Women & Children, the local Children’s Miracle Network hospital. And as part of the company’s national commitment to fighting food insecurity, MVW properties on Maui have provided more than 15,000 meals to Maui Food Bank since 2023.
Marriott Vacations Worldwide presented the benefitting organizations with checks at the October 21 grand opening celebration of Marriott Vacation Club, WaikÄ«kÄ« “ a 110-room urban retreat on O’ahu’s south shore located on Kalakaua Avenue, one of Honolulu’s best-known retail avenues. As the latest addition to The Marriott Vacation Club’s City Collection portfolio, the new property features two floors of retail space and premium amenities including a rooftop deck with infinity-edge pool, breathtaking island and ocean views, and more.
The opening of Marriott Vacation Club, WaikÄ«kÄ« has added nearly 100 new jobs to Hawai’i with a company that employs more than 3,600 associates across the region. MVW has been recognized several times as a top employer, including being named Newsweek’s #1 Most Loved Workplace in 2023. To learn more about MVW’s local job openings, visit careers.marriottvacationsworldwide.com.
About Marriott Vacations Worldwide Corporation
Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates an exchange network and membership programs comprised of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International (NASDAQ:), Inc. and an affiliate of Hyatt Hotels (NYSE:) Corporation for the development, sales and marketing of vacation ownership products and services. For more information, please visit www.marriottvacationsworldwide.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241022911603/en/
Cameron Klaus
Global Communications
407-513-6606
cameron.klaus@mvwc.com
Source: Marriott Vacations Worldwide Corporation
Constellation Energy (NASDAQ:) Corp. is on the verge of acquiring Calpine Corp., a move that could mark one of the most significant transactions in the power generation industry, Bloomberg reported on Wednesday.
Baltimore-based Constellation is negotiating with Calpine’s private equity owners to finalize the terms of a deal that could place the value of Calpine at approximately $30 billion, including the assumption of debt, the report said, citing people familiar with the matter.
The potential acquisition, which could be announced within the next few weeks, is still subject to ongoing deliberations, report added.
Constellation’s interest in Calpine underscores the strategic moves within the power sector as companies seek to consolidate and expand their market presence.
While the exact terms of the deal are still being discussed, the acquisition’s completion would likely have considerable implications for both Constellation and the wider power generation sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
By John Irish and Alexander Ratz
PARIS/BERLIN (Reuters) -European Union sanctions in Syria that obstruct the delivery of humanitarian aid and hinder the country’s recovery could be lifted swiftly, France’s foreign minister said Wednesday.
The United States on Monday issued a sanctions exemption for transactions with governing institutions in Syria for six months after the end of Bashar al-Assad’s rule to try to ease the flow of humanitarian assistance.
Speaking to France Inter radio, Foreign Minister Jean-Noel Barrot said the EU could take a similar decision soon without giving precise timing, while adding that lifting more political sanctions would depend on how Syria’s new leadership handled the transition.
“There are other (sanctions), which today hinder access to humanitarian aid, which hinder the recovery of the country. These could be lifted quickly,” said Barrot, who met Syria’s de facto leader Ahmed al-Sharaa on Friday with Germany’s foreign minister.
“Finally, there are other sanctions, which we are discussing with our European partners, which could be lifted, but obviously depending on the pace at which our expectations for Syria regarding women and security are taken into account.”
Three European diplomats speaking on condition of anonymity said the EU would seek to agree to lift some sanctions by the time the bloc’s 27 foreign ministers meet in Brussels on Jan. 27.
Two of the diplomats said one aim was to facilitate financial transactions to allow funds to return to the country, ease air transport and lessen sanctions targeting the energy sector to improve power supplies. A third said Germany had put forward a position paper on the potential sanctions to be lifted.
“Due to the new situation, existing sanctions are under scrutiny. Germany has already pitched ideas on this issue,” German foreign ministry spokesperson Christian Wagner said on Wednesday.
“The focus lies on economic questions and return of funds of the Syrian diaspora,” he said.
Syria suffers from severe power shortages, with state-supplied electricity available two or three hours per day in most areas. The caretaker government says it aims to provide electricity for up to eight hours per day within two months.
The U.S. waivers allow some energy transactions and personal remittances to Syria until July 7, but do not remove any sanctions.
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel’s blocked acquisition of U.S. Steel received a “thorough analysis” by an interagency national security review body that was sent to President Joe Biden.
Yellen, in a live interview on CNBC, said she could not discuss specifics of the review of the merger blocked by Biden last week that is now the subject of a lawsuit that alleges that the review by the Committee on Foreign Investment in the United States (CFIUS) was not conducted in good faith and was prejudiced by Biden.
“I think, as you know, there is ongoing litigation over this case, and as head of CFIUS, I regret there is very little substantive that I can say to you about this,” Yellen said. “Other than that, CFIUS did analyze the specifics, as it always does of this situation, and prepared a thorough analysis to go to the president.”
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