Etihad Airways to initiate 14 weekly flights on Abu Dhabi – Sydney

first_imgEtihad Airways recently announced that all 14 weekly flights on the popular Abu Dhabi – Sydney route will be operated with its flagship A380 aircraft, effective from October 29, 2017.The current daily A380 Sydney flights will be joined by a second daily superjumbo service, upgraded from a 328-seat Boeing 777-300ER. The announcement comes as Etihad Airways marks the 10th anniversary of flying to Sydney, its first Australian destination.Featuring the carrier’s revolutionary The Residence – the world’s first three-room suite on a commercial airliner, the additional deployment of the 496-seat double decker aircraft means one of Australia’s largest cities will join London and New York as an all-A380 operation.Business and leisure travellers to and from Abu Dhabi will enjoy increased capacity. The carrier will meet growing demand from the UAE and connecting cities across the Gulf region, Middle East and Europe.Peter Baumgartner, Etihad Airways CEO, said, “By introducing the A380 on the second daily flight, we are able to ensure our flagship product is on all of the Sydney services each week. The upgrade of this service will help fulfil growing demand, benefiting travellers to and from Abu Dhabi, and across Etihad Airways’ global network.”last_img read more

Transwestern Adds Transaction Manager

first_img Lenders & Servicers Movers & Shakers Processing Service Providers 2011-06-20 Ryan Schuette Transwestern Adds Transaction Manager June 20, 2011 455 Views Sharecenter_img in Secondary Market In a statement released Thursday, “”Transwestern””:http://www.transwestern.net/ announced the appointment of Sunjay Arya as transaction manager at its Houston headquarters.[IMAGE][COLUMN_BREAK]””We are excited about the growth of our multifamily team, both locally and nationally,”” said Ed Cummins, SVP of multifamily services. “”With Transwestern’s national service platform and our Houston capabilities, we are well positioned to provide quality service for our clients.””According to the statement, Arya will take responsibility for escrow management, financial analysis, and the valuation of multifamily assets at the company. Before relocating to “”Transwestern””:http://www.transwestern.net/, he served as acquisitions manager and underwriting analyst at Concierge Asset Management, presiding over $100 million in multifamily asset purchases. In his new role, Arya will take an active part in nine deals the company continues to orchestrate, with an additional 10 to 12 on the horizon in transactions with companies like Aimco, JP Morgan, LNR, and Ocwen Financial.One of the nation’s largest commercial real estate firms, “”Transwestern””:http://www.transwestern.net/ supplies real estate services and investment management businesses with market intelligence reports and product specialties.last_img read more

Mortgage Applications Tumble as Refis Lose Strength

first_img December 19, 2012 387 Views A sharp decline in refinance applications brought overall mortgage application activity down for the week ending December 14, according to the “”Mortgage Bankers Association’s””:http://www.mortgagebankers.org/default.htm (MBA) Weekly Mortgage Applications Survey.[IMAGE]The survey’s Market Composite Index, a measure of application volume, fell 12.3 percent on a seasonally adjusted basis from one week earlier, according to the MBA. The index was down 13 percent on an unadjusted basis.The overall decline in the index is attributable to a drop-off in refinance applications. The survey’s Refinance Index fell a significant 14 percent from the previous week, hitting its lowest level since November 2. After hitting an almost four-year high last week, the refinance share of total mortgage activity also declined, falling to 83 percent (from 84 percent previously).””Despite the “”Federal Reserve’s announcement””:https://themreport.com/articles/fomc-maintains-policy-stance-to-hold-down-rates-2012-12-12 last week that it would purchase an additional $45 billion in Treasury securities per month as part of its continuing quantitative easing effort, rates increased in the second half of the week,”” said Mike Fratantoni, VP of research and economics for the MBA. “”As a result, refinance applications dropped sharply to the lowest level in over a month.””Purchase activity also hit a wall, falling 5 percent over the week on a seasonally adjusted basis. The unadjusted Purchase Index was down 8 percent compared to the previous week. Year-over-year, the index was up 9 percent.By the MBA’s measure, the average interest rate for a 30-year fixed-rate mortgage was 3.50 percent, up from 3.47 percent in the last survey. Agents & Brokers Attorneys & Title Companies Federal Reserve Investors Lenders & Servicers Mortgage Applications Mortgage Rates Refinance Service Providers 2012-12-19 Tory Barringer in Data, Originationcenter_img Mortgage Applications Tumble as Refis Lose Strength Sharelast_img read more

Report Offers Second Opinion on March Home Sales

first_img On Thursday, RealtyTrac released its Residential & Foreclosure Sales Report, which showed modest gains in U.S. residential sales in March.The firm, estimating an annual rate of 5.25 million sales, including those of single-family, condo, townhome, short, and distressed sales, reported that March showed a 0.4 percent uptick in overall transactions compared to February and a full 8 percent increase over sales in March 2013.At the same time, the median sale price of U.S. residential properties reached $164,500, which is 1 percent higher than February and 10 percent above last March—the biggest year-over-year increase in a 24-month span in which U.S. median home prices increased on a year-over-year basis every month.RealtyTrac’s data might at first seem to clash with other reports released this week about March sales.Earlier this week, a joint report by HUD and the Census Bureau showed that the pace of new single-family home sales nationally dropped by more than 14 percent from February to March—the lowest numbers in eight months—and another report by the National Association of Realtors showed that sales of existing single-family homes slipped by 0.2 percent during the same time period.Both estimates showed that sales were significantly off pace with the previous March.RealtyTrac’s sweeping overview of how the overall residential market played out in the entire first quarter, however, paints a complex picture. Investors and second home buyers, for instance, accounted for a full third of all sales the firm tracked. A further 7 percent of sales were transactions in which multiple properties were sold on the same date and recorded on the same sales deed—and, therefore, likely not reported on any multiple listing service.There is, however, no one market. Brokers from around the country reported varied environments in local markets. In Southern California, for example, inventory levels and home prices are on the rise. In Oklahoma, prices are going up, but inventory is going down and fewer buyers are showing up. Similar trends have appeared in the Salt Lake City market, where demand for homes far outweighs supply.In Ohio, increased showings are leading to higher prices, particularly in the Cincinnati, Columbus, and Dayton markets, which all saw double-digit percentage increases in median home prices in March and a steady increase in existing home equity.“As buyer demand has increased, so too has the number of multiple offer situations,” commented Michael Mahon, EVP and broker at HER Realtors, which covers those Ohio markets. “These multiple offer situations are causing buyers to purchase in cash instead of mortgage financing to increase their negotiation power.”At the same time, shrinking inventory in the Denver market led to an 8 percent year-over-year drop in closings in March.Further complicating the picture is the fact that while sales across the country averaged out to show an upswing, overall sales volume dropped in six states—Massachusetts, Rhode Island, California, Connecticut, Nevada, and Arizona—and nearly half of the 50 largest metros in the United States, most notably in San Jose, San Francisco, and Los Angeles.Meanwhile, home price appreciation cooled in some of the first markets that bounced back from the recession. Though prices in San Francisco; Detroit; Cape Coral-Fort Myers, Florida; and Phoenix were still on the rise, they rose at a slower rate in Q1 2014 than they did the year before. in Daily Dose, Data, Featured, Headlines, News Census Bureau Home Prices Home Sales HUD National Association of Realtors RealtyTrac 2014-04-24 Scott_Morgan Report Offers Second Opinion on March Home Salescenter_img April 24, 2014 448 Views Sharelast_img read more

Cordray Student Debts Undermining Housing

first_img May 20, 2014 517 Views Cordray: Student Debts Undermining Housing Consumer Financial Protection Bureau Debts First-Time Homebuyers Richard Cordray 2014-05-20 Colin Robins Sharecenter_img Speaking before an audience at the Boulder Summer Conference on Consumer Financial Decision Making, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray spoke on the effects of student loan debt on the future of the housing market. The oft-criticized director commented on the growing amount of student loan debt—$1.2 trillion and counting—and how it will have negative ramifications on the housing market in the future.”It is not an overstatement to say that we are now standing at a precipice when it comes to the magnitude and consequences of our student loan debt in this country. We have reached $1.2 trillion of student loan debt, second only to mortgage debt as a category of consumer finance. This fast-growing burden is a pressing problem and a matter of grave importance to public policy in America,” Cordray began.He cited his experience at CFPB listening to consumers, whose complaints range from their student loan debt burden as preventing them from buying a home, opening a small business, or starting a family. The obligation to pay back student loans has a ripple effect across the entire economy.Cordray continued, citing a Pew study that found 40 percent of younger households, classified as homes headed by someone under the age of 40, as having student loan debt.”Tuition costs have risen rapidly. Debt has risen even faster than tuition and default rates have increased. Graduates are earning less because of the recession. It has become increasingly clear that a weak labor market and rising student debt are putting the squeeze on young people,” Cordray said, noting the more than 7 million Americans in default on student loans.He continued, “Notably, it appears that young people are not forming new households at the same rate they did in the past. Many are living with parents or sharing space with their peers. In fact, according to a recent Pew survey, more than one-third of young people aged 18 to 31 are living with their parents—a jump of nearly 18 percent since the start of the recession.”A recent National Association of Realtors study found that 49 percent of Americans cited student loan debt as a “huge obstacle” to homeownership. Typically, higher education yields higher incomes, but post-recession this trend seems to be dwindling, if not petering out altogether. Cordray noted a Federal Reserve Bank analysis that said for the first time in at least a decade households with student loan debt are less likely to have a mortgage than those without student loan debt.Furthermore, student loans can have a crippling long term effect on the economy, with younger borrowers unable to invest in small businesses or save adequately for retirement. The CFPB director called the current state a “vicious cycle.”Cordray encouraged servicers to play by the rules and treat borrowers fairly in order to help mitigate some of the financial problems created by burdensome student loans. “Together with greater outreach to encourage more borrowers to utilize affordable repayment options on federal student loans, these efforts will help promote more latitude for those laboring under significant levels of student loan debt to find ways to better manage these obligations,” Cordray said.He concluded that the current system is problematic, and that public policy decisions currently being made regarding higher education are “embarrassing.””In the end, we need to recognize as a nation that we cannot afford to put higher education on an unsustainable basis for people whose ambitions and abilities should mark them out as our future leaders. It is also profoundly discordant with basic notions of equal opportunity if young people with merit, and who lack only the means, are unable to advance or end up crushed under student loan debt for much of their lives,” he concluded. in Daily Dose, Government, Headlines, Newslast_img read more

Home Prices Rise 46 Percent

first_img Share Black Knight HPI New York U.S. home prices 2015-03-30 Samantha Guzman March 30, 2015 482 Views U.S home prices are up 4.6 percent from a year ago and New York state home prices have a new post housing crisis high, according to the Black Knight Financial Home Price Index January 2015 Overview released today. U.S. home prices had a slight 0.1 percent increase from December 2014 to January 2015. However, prices are up over 20 percent from 2012, but still down 10 percent from the 2006 peak. The current national home price value is $241,000.“This month’s data shows that the housing market continues to appreciate, albeit a bit slower than before,” said Raj Dosaj,Black Knight’s Senior Vice President of HPI and Behavioral Models for the company’s Data & Analytics division. Florida and other states with higher than average distressed inventory are lagging behind the country as a whole. Overall, the latest data translates to decent news for the U.S. economy.”The New York metro area had an even higher increase that the overall state at 9.4 percent. San Jose, California home prices have once again hit a new peak. It leads U.S. metros with 1.3 percent month-over month and 11.3 percent year-over-year gains.Florida home prices saw a monthly decline, as did prices in all of the state’s major metro areas. Many of the states metros remain about 30 percent below their pre-crisis peaks. Connecticut home prices also dropped, decreasing 1.1 percent year-over-year, making it the only one of the 20 largest states to see a yearly decline.Of the states where home prices were hit worst by the crisis, California has made the strongest comeback. California is now down around 20 percent from its peak in May 2006, whereas other hard-hit states like Arizona, Nevada, and Florida remain 30 percent or more off their local peaks. After nearly two straight years of home price increases, Las Vegas saw home prices decline for the second consecutive month in January.The Black Knight HPI combines the company’s property and loan-level databases to produce a repeat sales analysis of home prices as of their transaction dates every month for each of the more than 18,500 U.S. ZIP codes. The Black Knight HPI represents the price of non-distressed sales by taking into account price discounts for REO and short sales.center_img Home Prices Rise 4.6 Percent in Daily Dose, Data, Featuredlast_img read more

CFPB May Allow Consumers to Bring About Class Action Lawsuits

first_imgCFPB May Allow Consumers to Bring About Class Action Lawsuits The Consumer Financial Protection Bureau (CFPB) announced on Wednesday it is considering proposing rules that will make consumer financial companies more accountable to the customers they serve.The Bureau is considering a proposal that would prevent consumer financial companies from using “free pass” arbitration clauses that would prevent consumers from bringing class action lawsuits to obtain relief, according to an announcement from the CFPB. These arbitration clauses are typically buried in contracts for consumer financial products and deny consumers the right to sue companies in groups. Companies can use the “free pass” to avoid class action lawsuits from consumers that would require them to hand out big refunds.“Consumers should not be asked to sign away their legal rights when they open a bank account or credit card,” CFPB Director Richard Cordray said. “Companies are using the arbitration clause as a free pass to sidestep the courts and avoid accountability for wrongdoing. The proposals under consideration would ban arbitration clauses that block group lawsuits so that consumers can take companies to court to seek the relief they deserve.”Contracts for consumer financial products and services (such as bank accounts or private student loans) often include arbitration clauses that typically state that the company or consumer can require disputes about the product to be resolved by privately appointed arbitrators instead of through the courts. Generally, either side can block a lawsuit from proceeding by invoking such a clause, the clause can also bar consumers from bringing group claims through the arbitration process, according to CFPB.”Companies are using the arbitration clause as a free pass to sidestep the courts and avoid accountability for wrongdoing.”Since these arbitration clauses are contained in a wide range of consumer financial products, the clauses affect tens of millions of consumers, according to CFPB. In essence, the arbitration clauses force consumers to resolve their claims against companies individually, which few consumers end up doing, instead of as part of a group lawsuit.Congress requires the CFPB, Dodd-Frank Wall Street Reform and Consumer Protection Act, to study the use of arbitration clauses in consumer financial markets. The CFPB is permitted by Congress to issue regulations in the public interest to protect consumers. The findings of the CFPB’s report, issued in March 2015, showed that consumers’ relief for disputes with financial service providers are restricted because companies use the arbitration clauses to block class action lawsuits. The study also found that the majority of consumers did not even know the arbitration clauses existed—for example, in the credit card market, 75 percent of the consumers did not know whether their contract contained an arbitration clause, and less than 7 percent of consumers surveyed knew that the arbitration clauses restricted their ability to bring litigation against the company.According to the CFPB, the proposals being considered would not ban arbitration clauses entirely, but would require the clauses to explicitly say they do not apply to class action lawsuits unless and until the court denies the class certification or the court dismisses the class claims.The benefits of the proposals include:A day in court for consumers. The proposals would allow consumers to have their day in court to hold companies accountable for wrongdoing.Deterrent effect. The proposals would give companies an incentive to comply with the law in order to avoid litigation.Increased transparency. The proposals would make the arbitration more transparent by requiring companies that invoke the arbitration clauses to submit claims filed and awards issued to the CFPB in arbitration.Click here to see an outline of the proposals under consideration. October 7, 2015 509 Views Sharecenter_img Arbitration Clause Class Actions Lawsuits Consumer Financial Protection Bureau Financial Service Contracts 2015-10-07 Seth Welborn in Daily Dose, Featured, Government, Newslast_img read more

A Review of GSE Credit Risk Transfers

first_imgIn its latest “GSE CRT Loss Projection” report, Fitch Ratings revealed that their reference pool loss projections have lowered on every transaction compared to their prior review in July 2018. At the “BBBsf’ rating stress level, projected losses were revised downward by an average of 15 basis points (bps) as a percentage of the remaining mortgage loan pool balance. The declining projected losses reflect strong collateral performance, increased home price appreciation, and a shorter remaining period until transaction maturity,” the report stated. The GSE CRT Loss Projection report is published every six months in January and June detailing the projections for future credit events and losses on mortgage loan pools referenced by GSE credit risk transfer transactions.The report points out to an increase in overall as well as early delinquency trends among recent transactions—a higher trajectory compared to prior vintages. It indicated the trend remains better than initial expectations even for recently issued transactions. According to the report, the average 60-plus day delinquency percentage for 60 percent to 80 percent loan-to-value (LTV) reference pools is 25bps among transactions with at least 12 months seasoning. No pool was higher than 56bps in this category, it said. For 81 percent to 97 percent LTV reference pools, the average is 44bps, with no pool higher than 90bps.Fitch also highlights a 2 percent average increase in prices since the last review in July. “The resulting lower mark-to-market LTV ratios of the reference pools have driven current loss expectations lower relative to deal closing,” the report adds. According to the report, voluntary mortgage insurance (MI) cancellations were higher than expected. “For borrowers who are eligible to cancel but have not yet done so,” the report reads, “Fitch increased the haircut to the MI benefit to reflect the possibility that they could cancel sooner than the model currently expects.” The report also indicated that all GSE CRT transactions reviewed have a hard bullet maturity date of 10 years or 12.5 years from issuance, depending on the transaction.Read the full report here. A Review of GSE Credit Risk Transfers January 8, 2019 824 Views in Daily Dose, Featured, Market Studies, News, Servicingcenter_img Fitch Ratings GSE GSE CRT Loss Projection Home Prices Mortgage Insurance Cancellations 2019-01-08 Donna Joseph Sharelast_img read more

Paul Vancheri Joins LoanLogics as EVP Technology

first_imgPaul Vancheri Joins LoanLogics as EVP Technology June 12, 2019 276 Views AI LoanLogics mortgage reg tech 2019-06-12 Radhika Ojha LoanLogics, a Pennsylvania-based technology provider for mortgage manufacturing and loan acquisition has appointed Paul Vancheri as EVP, Technology. In this role, Vancheri will be responsible for the company’s timely delivery of high-quality software to the mortgage industry. Vancheri will report to Bill Neville, CEO, LoanLogics.The company said that Vancheri brings over 35 years of IT and reg tech experience with senior executive roles at Finastra, Fidelity Investments, and the Department of Defense. He has worked closely with executives and corporate boards in the financial services industry, helping them navigate through complex decisions involving technology, business strategy, and global operations.“Paul has tremendous experience creating and managing large scale software development environments,” Neville said. “He’s bringing that background to LoanLogics and to our clients as we continue to grow aggressively in the mortgage technology space.”Most recently Vancheri served as VP, Research and Consulting, at Novarica, a Boston-based management consulting firm that helps insurance companies make better decisions about technology projects and strategy. Prior to that, he was group head of global shared services and global delivery at Finastra (formerly D+H), the third largest financial technology company in the world, where he was responsible for all IT functions and several offshore business operations.Vancheri also spent over 10 years at Fidelity Investments, serving in various chief information officer positions, where he set the company’s strategic technology direction, built its global organization, and delivered its software development portfolio. Prior to Fidelity, he served in the U.S. Air Force as a systems development and acquisition officer and retired as Lieutenant Colonel.“Joining LoanLogics represents a new and dynamic opportunity for me,” Vancheri said. “Financial technology has been my focus for many years and the mortgage industry is leading the way in exciting innovations across areas such as reg tech and the use of artificial intelligence. In the mortgage sector, due to the complexity of transactions, lenders demand more innovation, compliance, security, accuracy and quality control, and LoanLogics delivers on all of those.”center_img in Headlines, News, Technology Sharelast_img read more

appointmentssabre

first_imgappointmentssabre The board of directors of Sabre Corporation has appointed Sean Menke as president, CEO and a member of Sabre’s board, effective 31 December, 2016, succeeding outgoing president and CEO Tom Klein, who has served since 2013.Menke joined Sabre in October 2015 and currently serves as executive vice president of Sabre and president of Sabre Travel Network, Sabre’s largest line of business. Under his leadership, Sabre Travel Network has won major new business opportunities, increased global market share and secured Sabre’s position as the leading global distribution system in three of its four major operating regions (North America, Latin America and Asia-Pacific), and successfully extended new multi-year agreements with many of its largest global travel management companies, online travel agencies and travel retailers. In addition, he has led the innovation that enables the sale of more customized fares and ancillary products through Sabre Travel Network and strengthened the technology solutions that will be offered to travel agencies next year as part of the launch of the new Sabre Red platform. “After an extensive search of qualified candidates, the board unanimously concluded that Sean is the right choice to lead Sabre,” said Larry Kellner, executive chairman of Sabre’s Board of Directors. “Since his arrival last year, Sean has demonstrated that his strong industry knowledge and expertise coupled with his decisive, results-oriented management style are an effective combination. These traits will help Sabre drive innovation as the travel industry’s technology leader and serve the needs of airlines, hotels, travel agents and travelers alike. I look forward to working with Sean to make this happen.” last_img read more

driveearlybirdsGlobalCars

first_imgdriveearlybirdsGlobalCars globalCARS has released Early Bird Sale Citroen car leases for all of 2018 for as little as $26 a day for bookings made by 31 March 2018.The range of Early Bird prices covers 32 models of the popular Citroen range with long term leases and rates include a 31-day package for $1399, including full insurance with no excess, free pick-up in France and 50% discount elsewhere throughout Europe. All leases come with unlimited kilometres for vehicles which can be collected from 15 locations in France and 13 in other parts of Europe.Citroen vehicles can be driven throughout the UK and Europe, in Baltic countries and several eastern European regions.last_img

The Cardinals could use help at the cornerback pos

first_imgThe Cardinals could use help at the cornerback position, and they may find it in a familiar face.Bryant McFadden, who played for Arizona in 2009, may be on his way out of Pittsburgh. Arizona Sports 620’s Dave Burns thinks he could wind up back in the Valley. Or, if not McFadden, someone of a similar skill-set.“Do you really think you’re going to find somebody good getting cut by another team at the cornerback position,” he asked. “It’s going to be guys like that, it’s going to be guys like Bryant McFadden that you’re looking at.” What an MLB source said about the D-backs’ trade haul for Greinke That’s not a good thing if you’re the Arizona Cardinals.McFadden, 30, appeared to be a solid pickup for the Cardinals a couple years ago, but then the games started.The corner finished the year with 69 tackles and zero interceptions, and had a knack for being in position to make a play but failing to do so. The problem is if the Cardinals are looking for help, a guy like McFadden is probably the best they’re going to do at this point in the season.“I hope Cardinal fans are prepared for that, because that is the caliber of player that is going to be available if they’re looking to add a cornerback,” Burns said.In that case, the best addition may be no addition at all, according to Arizona Sports 620’s John Gambadoro.“Richard Marshall is better than anything else that’s going to be out there, that’s going to be cut, and so is Patrick Peterson, and so is A.J. Jefferson,” he said. “I doubt there’s a guy out there that they could bring in that could break their top three right now.” D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Cardinals expect improving Murphy to contribute right awaycenter_img Nevada officials reach out to D-backs on potential relocation Comments   Share   Top Stories last_img read more

Top Stories

first_img Top Stories Derrick Hall satisfied with D-backs’ buying and selling “He’s a great player, he is a heck of a player, super smart,” Cooper said of his new linemate. “That’s amazing to me, (him) coming into a new system and just having such a great understanding of it. And physically — he’s a prototypical left tackle.”While each has yet to take a regular season snap with the Cardinals, the seeming lack of concern about that side of the line likely stems from Veldheer’s success with the Raiders and Cooper’s reputation. But reputation only gets one so far, and because of injury the second-year pro was not really able to prove himself on the field.By his own admission he’s not quite ready to do that yet, saying he still has more rehab left to do. But he can see the light at the end of the tunnel. “It’s definitely getting close,” he said. “I remember when I wasn’t able to walk, so just being able to run around; I remember being nervous about leaning on these defensive linemen and all that stuff. “But I’ve been able to do it and day-by-day proven to myself that I’ll be fine.” – / 22 TEMPE, Ariz. — It’s been less than 10 months since Jonathan Cooper broke his left leg in the third quarter of the Arizona Cardinals’ third preseason game. The injury ended his rookie season before it could really even begin, and delayed the start of what is expected to be a really promising career for the guard.Though plenty of time has passed and Cooper has been on the field for the team’s OTAs and minicamp, he’s not prepared to declare himself back. 0 Comments   Share   “They say a lot of the injuries when you’re recovering is between the ears, and so I feel like that has a lot to do with it,” he said. “But I feel like this (OTAs and minicamp) was good for me. I mean, I really got a bunch of reps and was able to show myself that it’s fine, you’re not going to re-injure yourself or anything like that, so I can just keep working and improve.”It’s all part of the process. Arians said he’s hopeful Cooper will be 100 percent when training camp opens, and it’s a goal Cooper said he also has for himself. It may be optimistic, he said, but as of now there’s nothing he really can’t do so much as he’s just not yet able to do things at the level he did before the injury. “It’s just a matter of getting confidence and his strength back and his balance back,” Arians said. When he gets there, Cooper will be expected to be part of a very good left side of the offensive line. In using a first-round pick on Cooper and then signing tackle Jared Veldheer as a free agent it is obvious the Cardinals made a concerted effort to fix what has been a problem area for years. center_img Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo “I think I have progressed quite a bit, but not quite to game-ready,” Cooper said after the team’s final minicamp practice Thursday. “I’ve come out here and I’ve done everything they asked me to do rehab-wise and lifting-wise and on the field to the best of my ability, but my performance isn’t quite where it needs to be for game one.”There’s still more than one month until training camp, just less than two months until the first preseason game and nearly three months before the team’s season opener against the San Diego Chargers. If he needs time, he’s got it.“Coop’s still got a ways to go,” Cardinals coach Bruce Arians said Thursday. “His recovery is not total yet, and it’s obvious. He’s not the athlete he was last year at this time, but I wouldn’t expect him to be.”The number seven pick in the draft out of North Carolina, the 6-foot-2, 311-pound Cooper was advertised as a great athlete for his size who offered excellent mobility and figured to be a mainstay along the offensive line for years to come. The 24-year-old said the last few weeks allowed him to knock some of the rust off while building confidence that his leg was able to hold up to being an NFL offensive lineman. The recovery process, he noted, can be as much mental as it is physical. Grace expects Greinke trade to have emotional impactlast_img read more

Comments  

first_img Comments   Share   The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo GLENDALE, Ariz. — The Arizona Cardinals went through their final practice before the preseason opener Saturday against the Houston Texans. It was a pretty lively one with plenty of plays being made.Of Note– Though a couple guys were given the day off, only center Lyle Sendlein (calf) will be unavailable for Saturday’s game.– You can expect to see the starters play up to 15 plays or so, depending of course on how the drives go. Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact “I was in pain watching him try to make it through those practices. You could tell it was getting worse instead of better. He had a nice few OTAs where it looked like it was going to get better, but the last MRI he was bone on bone, and there’s nothing he can do about it as his age. You hate to see it because he has such a passion for the game, and that’s the type of guy you want to make it and you pull for him. But it was the right move.” – Coach Bruce Arians on Jake Ballard’s decision to retire“Our defense is so good: They’re so physical; they’re so talented. I mean you’re playing against so many gifted players. Just to be able to go against some guys you’re kind of unfamiliar with, it’s fun. You’re playing against Houston, who arguably could be the best — talent-wise — in the game: J.J. Watt and (Jadeveon) Clowney and (Johnathan) Joseph and Brian Cushing. They have a wealth of talent.” – Receiver Larry Fitzgerald on facing a different defense than the one that opposes him in practice every day – / 11 Derrick Hall satisfied with D-backs’ buying and selling – The fans got pretty loud when Carson Palmer hit Larry Fitzgerald for a deep touchdown in an 11-on-11 drill. – At one point, Teddy Williams, who is looking to convert from a receiver to a cornerback, made a nice leaping interception of a Drew Stanton pass. – Chandler Catanzaro, who will handle all of the kicking duties Saturday, had a nice day when it came to field goals. – It appeared the offense got the better of the defense overall. John Brown, as usual, was open often and made a few nice plays. Fellow receiver Jaron Brown also made his presence felt, catching at least one deep ball and another touchdown pass after a nice move freed him up in the corner of the end zone.Stat of the DaySince 2006, Antonio Cromartie has picked off 28 passes, fifth most in the NFL over that span.Quotes of the Day“I think with the group that I’ll be in with, it’s a matter of getting out there and being productive, moving the ball. The biggest that we try and do is accomplish goals in situational football — third down and red zone — and not turn the ball over. And that’s what we try to do. And a lot of the guys that I’ll be in there with are trying to fight for a roster spot, so I want to give them the best opportunity to go out there and be successful, and make plays, and get up there and score points.” – QB Drew Stanton on what his goal is in preseason game one Top Stories last_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo In 2014, Butler’s 34 punts inside the 20-yard line tied him with Philadelphia’s Donnie Jones for the most in the NFL.Butler originally entered the NFL as an undrafted free agent out of Georgia with the Pittsburgh Steelers in 2012. He punted in all 16 games for the team that season. In his career, he has punted 216 times for an average of 42.9 yards per kick, with 82 landing inside the 20-yard line. Top Stories Comments   Share   Arizona Cardinals punter Drew Butler watches the flight of a punt during NFL football practice at Cardinals training facility Wednesday, Jan. 20, 2016, in Tempe, Ariz. The Cardinals will face the Carolina Panthers in the NFC Championship game on Sunday in Charlotte. (AP Photo/Ross D. Franklin) The Arizona Cardinals have re-signed punter Drew Butler.As per team policy, terms of the new contract were not disclosed.The move, which was announced Monday, means the restricted free agent will be back with the team as he looks to be the team’s primary punter for a second consecutive season.Butler, 26, joined the Cardinals in 2014 while Dave Zastudil battled injury issues, and won the job outright in 2015. In 31 regular season games with the Cardinals, he has 139 punts for 5,903 yards, with 56 of the kicks landing inside the 20-yard line. Former Cardinals kicker Phil Dawson retires Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impactlast_img read more

At Andaz luxury hotel in the exclusive central T

first_imgAt Andaz’ luxury hotel, in the exclusive central Toranomon area of Tokyo, one knew there would be innovation. Yes, the view from corner suite 4836 is the same – looking down to the so-near Imperial Palace Gardens. But room supplies now include a Sony Life Space UX glass sound speaker, that (for US$799 or the nearest online price) apparently gives you 360-degree sound. And light; individual son et lumière is certainly a first in the hotel world, but then Andaz – from its initial brand as a conversion of Sir Terence Conran’s Great Eastern Hotel in London – has always offered firsts.In London, there was no formal check-in area. You were greeted, around a large table, by youngsters holding tablets with registration information. Here, in Tokyo, the tables are three gigantic shapes of Hokkaido walnut and people sit around them, day long, helping themselves to coffee, tea and soft drinks. More innovation, here, is the conversion of an outdoor space on the rooftop of the 52-floor building. There was always a wedding chapel here, and now there is also an eight-seat SUSHI restaurant. Two chefs serve four diners each. Our meal started with 52 Sake, specially for the hotel, and named not only for our location but also because apparently the rice has been polished 52 times.I am sure a sashimi and sushi dinner is very good for the system – occasionally – just as I am sure that the Biologique Recherche treatment in the hotel’s spa is very good for the face – occasionally – and more innovation is coming in the spa, where the reception-area Apothecary will have its waiting space turned into something more useful.At breakfast in the gorgeous Andaz Tavern, I looked around for innovation, but all Hyatt family breakfast venues in Asia-Pacific offer so much food, and generally in a ‘come right into the kitchen’ setting. However, I do not think I have come across Nutella-filled brioches with vanilla sauce and cinnamon-roasted apples before.There is innovation galore on the ground floor of this 164-room luxury hotel, where a burger and drinks bar flows out to a sunny conservatory, and to the pavement in summer. Ross Cooper, the New Zealander who now runs this hotel, showed it to me, and told me about the regular monthly runs – last Friday of every month, 8-9am – for guests and staff. He then introduced me to yet more innovation: pop-up stores that the Mori company is putting up on public streets all around. Since the end of February, there are brilliant pop-up eating stalls within a few yards’ walk of the hotel and also an Isetan boutique that solves all your Christmas list needs in one fell swoop. And what with lots of planted trees, and main traffic already diverted underground in a tunnel, this area of Toranomon Hills will soon be as pedestrian-friendly as Champs-Elysées in Paris.Mary Gostelow travels over 300 days a year, doing one-night stands in top hotels around the world. Read her daily travelogue, www.girlahead.comlast_img read more

Go back to the enewsletter Long regarded as tremen

first_imgGo back to the enewsletterLong regarded as tremendous travellers, now Australians are being recognised the world over as great luxury travellers. Fuelled by strong share portfolios, super and property, Australian luxury travellers are consuming at record rates, with demand pushing a raft of luxury travel brands to open sales offices across the country.Australian luxury travellers take more international trips, are the second highest consumers of business class flights, and spend the most time on holiday, according to research undertaken by leading global luxury travel network, Virtuoso.With Australians making 25% more luxury trips than the average international traveller and representing the highest consumers of luxury travel leisure nights, the world’s tourism industry has honed in on the Australian luxury dollar.The YouGov research analysed global luxury consumer sentiment, identifying global luxury consumer trends, along with specific travel trends for the Australian luxury traveller including:Australians take a higher number of international trips (1.9 vs. 1.5) compared to the global averageThey take more overall trips (4.9 vs. 4.7)Despite being conscious of the exchange rate (31% vs. 21%), Australians have the lowest level of budget setting (14% vs. 35%)Australian travellers are more likely to use loyalty points (36% vs. 32%)Australians have the highest number of leisure nights (18.9 vs. 14.4), especially for hotels/resorts (13.2 vs. 9.8)63% of cruising length is two weeks or longer for Australians, compared to the global average of 40%Australian luxury travellers like to use a travel advisor (64% vs. 52%)Average income of an Australian luxury traveller is around $318,000, and they spend approximately $13,000 per trip, with relaxation being their top reason for travelAustralians rate the importance of travel as 8.2 out of 10Globally, 71% of luxury consumers believe many non-luxury brands now offer a level of quality comparable to luxury brands88% of consumers like brands that share their values, while 80% will spend more on a brand that customises the product for them“Australians represent some of the most prolific travellers in the Virtuoso network,” stated Matthew D. Upchurch, Chairman and CEO of Virtuoso. “They are also some of the most intrepid travellers, always looking to new and interesting destinations that their American contemporaries might not have considered yet.”Upchurch continued, “One universal trait with travellers across the globe is the desire for personalised service. And Australians are no different than other luxury travellers. They will switch their loyalties, even if it means paying more, to have service that exceeds their expectations. This is certainly true during their travels, but it happens during the planning process as well. Consumers will collaborate with their travel advisor – just as they would with their financial advisor – to ensure they get the experience they want. Where the trust comes in is when things don’t go as planned, and they can turn to their travel advisor for advocacy and accountability.”The definition of luxury travel is shifting as non-luxury brands begin to offer a level of quality comparable with luxury brands, leaving luxury travellers to seek out other criteria to evaluate their travel products, including customisation and shared values.Internationally there has been remarkable expansion in luxury travel with Virtuoso’s network recording 12% growth in the past year, now totalling sales of over US$23b, up from US$12.5b in 2013.In Australia, Virtuoso has become the fastest growing retail consortia in the country, with current sales up 19%  on the previous 12 months. Recognising this growth, Virtuoso will host its global Symposium in Melbourne next May, gathering together 500 luxury travel leaders from across the world.Image: Virtuoso Chairman and CEO Matthew D Upchurch at Virtuoso Travel Week 2018Go back to the enewsletterlast_img read more

Related Iceland Express plans new Gatwick flightIc

first_img RelatedIceland Express plans new Gatwick flightIceland Express plans new Gatwick flightStansted crowned king of low cost travelBritain’s third busiest hub, Stansted Airport, has been named Europe’s central departure point for low cost flights.Ryanair announces launch of new Gatwick to Dusseldorf routeCheap flights carrier Ryanair has announced the launch of a new route between London Gatwick and Dusseldorf (Weeze). Icelandic low-cost airline Iceland Express is launching flights from Reykjavik to London Gatwick this winter, as the fledgling carrier expands its European route network. Emerging as a strong rival to Icelandair, the carrier has succeeded in marketing low cost services to London Stansted – also offering Fast Track security options in a bid to lure customers – and is now looking to expand its appeal by targeting the UK’s second busiest airport. The Gatwick service will commence on September 16th 2008 and will run to and from Reykjavik’s Keflavik International Airport five times per week. Iceland Express has founded its success on London Stansted and Copenhagen routes, while adding its new Gatwick service to Paris, Basel, Billund, Oslo and Eindhoven flights launched last year. The airline recently submitted a plan to Reykjavik City Council for a new airport from which it would operate not only its Stansted route but also a host of domestic services. ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Maplast_img read more

Related European allinclusive holidays become in

first_img RelatedEuropean all-inclusive holidays become ‘incredibly popular’More Brits are choosing to take all-inclusive holidays to Europe in an attempt to keep costs down.Euro exchange rate could encourage Brits to book flights further afieldEuro exchange rate could encourage Brits to book flights further afieldFewer European visitors leads to ‘more enjoyable’ continental holidaysPeople booking flights to Europe this year are having a more enjoyable time because of the fewer number of visitors Brits will continue booking flights to Spanish cities and holiday resorts despite the unfavourable exchange rate, according to a leading travel expert.According to Simon Calder, the Independent’s travel editor, Spain still represents a value-for-money holiday destination “whether you are in the Balearic Islands or the Costas”.”Spain is going to retain its position as our absolute favourite country; just because the pound has been down in relation to the euro, doesn’t mean we are going to turn our back to it,” he said.Data from Skyscanner appears to back up Mr Calder’s prediction, with Malaga, Alicante and Tenerife all appearing in the Top 10 most searched-for destinations of 2009 in terms of where people are planning to book their 2009 summer break.A survey by Aldi Travel published this month showed that 82 percent of people believed that holidays were “crucial” for their wellbeing.A further 60 percent said that value-for-money was the “most important factor” when booking a holiday abroad – something that could cause more people to book their holiday flights through cheap flights carriers. ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Maplast_img read more

Related Shannon Airport named as stopover for new

first_img RelatedShannon Airport named as stopover for new BA flightShannon Airport has been named as the stopover destination for British Airway’s new flights from London to New York.bmibaby to launch new flight between Birmingham and Newquaybmibaby will launch a new flight between Birmingham International Airport and NewquaySummer season begins at Manchester AirportApproximately 300,000 passengers passed through Manchester Airport during the Easter bank holiday weekend. Flights to Dubai and New York are the most popular among passengers travelling from Birmingham Airport, it has been revealed.According to a spokesperson for the company, Istanbul, Greece, Spain and routes to the Canaries and Balearics are also in high demand from the West Midlands hub.Daniel Sutcliffe revealed that the airport is currently working on plans to merge its two existing terminals in a move intended to “improve the passenger experience”.”When completed later this year the scheme will lead to a larger centralised passenger security search area, an enlarged meeting and greeting arrivals point, and an improved shopping and catering offer in both landside and airside areas,” he said.In May, the airport confirmed it had received planning permission for a runway extension, adding that it currently has enough spare capacity to transport an extra nine million passengers annually.Mr Sutcliffe said that upon completion in 2014, the extension will open up a “whole new range of long-haul destinations” to Birmingham.It will also allow the airport to increase its passenger numbers by 21 million annually, enough it believes to ease pressure on Heathrow following the scrapping of proposals for a third runway.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Maplast_img read more