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Preferred Travel Group unveils development process and vision for companywide climate action plan

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2 years ago

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The climate action plan will evolve the organization’s “Believe in Travel” ideology to help make travel a force for good through climate action leadership.

NEW YORK, Sept. 26, 2024 /PRNewswire-PRWeb/ — Preferred Travel Group, parent company of Preferred Hotels & Resorts, Beyond Green, Historic Hotels of America, Historic Hotels Worldwide, PTG Consulting, and Beyond Green Travel, is reaffirming its commitment to sustainable tourism and climate action with the development of a comprehensive Climate Action Plan (CAP). Created in partnership with the Travel Foundation, a prominent international sustainable tourism organization, this initiative builds on the organization’s signing of the Glasgow Declaration on Climate Action in Tourism. It underscores Preferred Travel Group’s proactive role in leading by example to drive necessary change within the travel industry.

By prioritizing climate action, Preferred Travel Group is supporting efforts to build a more sustainable and resilient industry.

Acknowledging the urgent need for climate leadership, scalable solutions, and collaborative efforts in the tourism sector, Preferred Travel Group is dedicated to taking real action by integrating climate action into its core priorities, supported by widespread employee engagement. By developing a corporate Climate Action Plan, the organization also aims to integrate climate action into its broader metrics for measuring business success. Partnering with the Travel Foundation ensures that Preferred Travel Group’s climate action journey aligns with industry best practices and helps scale positive impact by empowering stakeholders to also join this journey.

“At Preferred Travel Group, we are resolute in our dedication to harnessing the power of travel as a force for positive change,” said Lindsey Ueberroth, CEO of Preferred Travel Group. “Building upon our core ‘Believe in Travel’ ideology, we are stepping up our commitment by actively investing in climate action leadership. By prioritizing climate action, Preferred Travel Group is supporting efforts to build a more sustainable and resilient industry. Our commitment contributes to protecting our planet’s natural and cultural heritage for future generations, and empowering local communities to adapt and thrive in a rapidly changing world.”

“We’ve seen very few organizations across all of travel and tourism make such an extensive and integrated commitment to climate action as Preferred Travel Group and want to shine a light on the example they are setting,” said Jeremy Sampson, CEO of the Travel Foundation. “We’re proud to be their partner in this effort and are so pleased to see the way climate action is being meaningfully resourced, as well as the way strategic discussions on climate are engaging all employees across the organization, no matter which team or level of leadership they serve on. We are excited to continue collaborating as PTG prioritizes meaningful actions and expands its sphere of influence to generate changes on the ground, in destinations and through its growing network of high-quality boutique hotels.”

The development process for the organization’s CAP is structured around the creation of a public-facing document that will define the company’s objectives and key actions to halve carbon emissions by 2030 and achieve net zero as soon as possible before 2050, bolstered by an internal cross-departmental implementation strategy with slated activities for 2025 and beyond. Aligned with the five pathways of the Glasgow Declaration, the CAP will integrate associate engagement and input from across the organization to ensure seamless integration and support throughout every department.

To kickstart this initiative, Preferred Travel Group worked with ecollective, a carbon consultancy based in the United Kingdom, to establish a baseline for its carbon emissions through a companywide measurement process. This baseline is guiding the development of the CAP, which will ultimately outline specific strategies to reduce emissions, reach ambitious targets, and enhance accountability and transparency within the organization. Following a detailed analysis of ecollective’s findings, Preferred Travel Group’s policies, practices, philanthropic efforts, and input from associates, the organization is working to identify opportunities to integrate climate action throughout its operations. An executive Climate Steering Committee and a Climate Action Task Force of associate volunteers have been established to prioritize actions for the plan. In addition, all-associate climate action training sessions will launch soon to build climate literacy, share best practices, and drive collective, meaningful change.

This process is expected to culminate in a condensed public-facing CAP document to be released in December 2024, outlining PTG’s climate action priorities in the coming years.

Media Contact

Hannah Nelson Smith, Preferred Travel Group, 1 303-885-7186, hnelson@preferredtravelgroup.com, https://preferredtravelgroup.com/

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SOURCE Preferred Travel Group

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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13 minutes ago

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October 19, 2026

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/2026-canton-fair-design-award-winners-showcase-chinas-innovation-strength-302911954.html

SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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14 minutes ago

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October 19, 2026

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

View original content to download multimedia:https://www.prnewswire.com/news-releases/instamall-launches-same-day-fashion-delivery-experience-bringing-80-brands-to-shoppers-doors-in-miami-302911889.html

SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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October 19, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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