Posts Tagged ‘2012’

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San Francisco Travel Association Releases 2012 Economic Impact Figures










San Francisco, CA (PRWEB) March 30, 2013

The San Francisco Travel Association reported today that San Francisco welcomed 16.51 million visitors in 2012, an increase of one percent from 2011. These visitors spent $ 8.93 billion in 2012, up 5.5 percent from the previous year. The data was presented during the eighth annual Northern California Visitor Industry Outlook & Marketing Conference today at the Hilton San Francisco Union Square.

“Visitor spending reached the highest level ever in 2012,” said Joe D’Alessandro, San Francisco Travel president and CEO. “The total number of visitors is climbing steadily as well.”

The tourism industry generated $ 562 million in taxes for the City of San Francisco, up 6.7 percent from the previous year. The number of jobs supported by tourism rose 3.6 percent to 74,009 jobs in 2012, with an annual payroll of $ 2.18 billion, an increase of 6.2 percent.

In 2012, there was an average of 131,128 visitors in San Francisco each day. Visitor spending equated to $ 24.46 million daily (including spending related to meetings and conventions).

Convention bookings were at 48 percent of goal at midyear and are on target to achieve the annual goal of 2,105,500 booked room nights which is a five percent increase over last year. Six conventions in San Francisco have received record breaking attendance in the past six months, continuing a trend that has been tracked since 1998. The likelihood of holding a well-attended event is a significant attraction for meeting planners considering San Francisco.

Among the many things that will keep the momentum going for San Francisco’s tourism industry are:

    The Bay Lights, a fine art piece installed on the western span and viewable from San Francisco and points north. The March 5 launch of the lights was covered by media around the world. Measuring 1.8-miles-long and 500-feet-high, the high-tech light sculpture design features 25,000 individually programmable, energy-efficient LED lights mounted on the bridge’s vertical cables. The Bay Lights will remain on the bridge for two years and is projected to add $ 97 million to the local economy. Learn more at http://www.thebaylights.org.

    On April 17, 2013, the new Exploratorium, San Francisco’s internationally acclaimed museum of sciences, art and human perception, will open on Piers 15 and 17, located on San Francisco’s historic northern waterfront at Embarcadero and Green streets. The new museum will feature 150 new exhibits, a Bay observatory, outdoor gallery and free civic space. For information visit http://www.exploratorium.edu.

    The America’s Cup will bring sailing enthusiasts and media attention from around the world for a series of events:
    The Louis Vuitton Cup, the America’s Cup Challenger Series on Jul. 4-Aug. 30, 2013.
    The Red Bull Youth America’s Cup, open to national teams of sailors aged 19-23 on Sept. 1-4, 2013.
    The America’s Cup Finals between the winner of the Louis Vuitton Cup, the America’s Cup Challenger Series, and the defending ORACLE TEAM USA on Sept. 7-21, 2013. Learn more at http://www.americascup.com.

To help keep San Francisco’s message in front of the leisure travelers that make up 54 percent of the total visitors (vacationers and weekend getaways combined), San Francisco Travel works with strategic partners including American Express®, California Academy of Sciences, CityPASS, Levi’s, Wells Fargo, Pier 39, BART and Amtrak to develop integrated marketing campaigns to increase visitation to San Francisco and enhance visitor engagement in market. In March, San Francisco Travel launched a hotel promotion offering visitors up to 40 percent off their hotel stay, and a $ 50 gift card when two or more nights were booked. The promotion will run through June 30 and can be booked exclusively through the sanfrancisco.travel/stay website.

San Francisco Travel continues its marketing efforts targeting gay and lesbian (LGBT) travelers, a key visitor segment for San Francisco. San Francisco Travel’s gay travel microsite, titled “49 Hours of SF: Out & About,” (http://www.sanfrancisco.travel/lgbt/) offers LGBT focused itineraries, and an “Out with the Locals” section featuring San Francisco residents who provide “insider tips” on what to see and do in San Francisco. GayCities, American Express, and Kimpton Hotels are official sponsors of the campaign. A 2010 survey by Community Marketing, Inc. shows San Francisco to be the #2 overall destination of choice in America for LGBT travelers.

Dine About Town, the annual restaurant promotion developed by San Francisco Travel Association, is celebrating its 12th year in 2013. The program generates an estimated $ 3 million in additional revenue to the city’s restaurants. The second half of the 2013 program will take place June 1-15 with more than 100 restaurants participating.

The San Francisco Travel Association is a private, not-for-profit organization that markets the city as a leisure, convention and business travel destination. With more than 1,500 partner businesses, San Francisco Travel is one of the largest membership-based tourism promotion agencies in the country. The San Francisco Travel business offices are located at 201 Third St., Suite 900, San Francisco, CA 94103. San Francisco Travel also operates the Visitor Information Center at Hallidie Plaza, 900 Market St. at the corner of Powell and Market streets. For more information, call 415-974-6900 or visit http://www.sanfrancisco.travel.

For an insider’s perspective, join more than 500,000 people who follow San Francisco Travel on Facebook at http://www.facebook.com/onlyinsf and more than 100,000 who follow “OnlyinSF” on Twitter at http://twitter.com/onlyinsf.

American Express® is the official Card partner of the San Francisco Travel Association.

San Francisco International Airport (SFO) offers non-stop flights to more than 31 international points on 30 international carriers. The Bay Area’s largest airport connects non-stop with 75 cities in the U.S. on 15 domestic airlines. For up-to-the-minute departure and arrival information, airport maps and details on shopping, dining, cultural exhibitions, ground transportation and more, visit flysfo.com. Follow SFO on twitter.com/flysfo and facebook.com/flysfo.

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Note to editors: Photos and press releases are available at http://www.sanfrancisco.travel/media/.























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Related International Business Press Releases

Eiffel Investment Group’s Long-Short European Credit Fund Won the New Fund of the Year Award at the Eurohedge Awards 2012










(PRWEB) January 31, 2013

Eiffel Investment Group is pleased and honored to announce that its long-short European credit fund, Eiffel Credit Opportunities, has won a “New Fund of the Year” award at the Eurohedge Awards 2012. The Eurohedge Awards are one of the most prestigious awards in the European hedge fund industry. Winners were announced by Eurohedge on January 24th, 2013, in London. Eiffel Credit Opportunities was chosen as the best “New Fund of the Year” (in a category comprising macro, fixed income & relative value funds), among seven highly performing nominees, based on its exceptional performance and Sharpe ratio in 2012.

About the Eiffel Credit Opportunities fund

Eiffel Credit Opportunities is a long-short European credit fund. It makes discretionary investments in credit instruments of European corporate and financial institutions, using bonds, loans and CDS. The strategy relies on a bottom-up, research-driven approach for credit selection. The portfolio consists of a limited number of high conviction catalyst-driven long and short core positions, plus more opportunistic trading positions. Deployment and exposure are managed dynamically with reference to credit market regime.

The Fund was incepted on 1 December 2011 and gained more than 20% in 2012 with a Sharpe ratio of more than 2. The strategy has a three year track record.

The fund manager, Emmanuel Weyd, has 20 years of experience of the European credit markets. Before joining Eiffel Investment Group early 2009, he was a Managing Director on the credit desk of J.P. Morgan’s proprietary trading division (PPB) in London. He had previously been co-head of European Credit Research at J.P.Morgan and head of Debt Capital Markets for a European region at J.P.Morgan. Emmanuel is supported by a team of four research analysts and a team of four operations & risk professionals, using the state-of-the-art infrastructure of Eiffel Investment Group.

About Eiffel Investment Group

Eiffel Investment Group is a fundamental investor in European credit and equity. The firm manages over EUR 300 million of proprietary and third party assets in a range of absolute return strategies: long-short credit, long-short sector-focused equity and long-term credit. The team relies on a research-intensive investment approach to identify attractive alpha generating investment opportunities.

Eiffel Investment Group is an independent firm, owned by its team alongside former Louis Dreyfus group Chairman & CEO Jacques Veyrat (the company was created end 2008 as an asset management division of the Louis Dreyfus group and spun-off mid-2011).

The firm and its principals have invested EUR 100 million in the funds managed by Eiffel Investment Group, ensuring a very strong alignment of interests with investors and a constant focus on risk management.























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www.weforum.org 28.01.2012 Global Economic Outlook 2012 What trends and issues will shape the global economic order in 2012? • Ali Babacan, Deputy Prime Minister for Economic and Financial Affairs of Turkey • Mark J. Carney, Governor of the Bank of Canada; Foundation Board Member; Global Agenda Council on Systemic Financial Resilience • Motohisa Furukawa, Minister for National Policy, Economic and Fiscal Policy, Science and Technology Policy of Japan; Global Agenda Council on Japan • Christine Lagarde, Managing Director, International Monetary Fund (IMF), Washington DC; Foundation Board Member • George Osborne, Chancellor of the Exchequer of the United Kingdom • Donald Tsang, Chief Executive of Hong Kong Special Administrative Region • Robert B. Zoellick, President, The World Bank Group, Washington DC Chaired by • Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, United Kingdom
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Food And Beverage Exports Grew By 29% From January To March 2012, Versus The First Quarter Of 2011










Guatemala (PRWEB) July 27, 2012

The food and beverage sector has been characterized as one of the leaders in export growth. In the past two decades, has grown from U.S. $ 50 million to over $ 800 million, showing a constant increase the food industry, followed by the beverage industry.

Over the past 5 years, the food and beverage sector has had an average growth of 18%. This is the result of many efforts, especially to be aware of the importance of innovation, quality and added value that Guatemala has given to its agricultural production to position itself in international markets, specialized technical training to strengthen businesses and allow them to have a skilled labor has generated new products, new markets and especially more jobs in the industry, explained the President of Food Commission, Francisco José Menéndez.

The food industry consists of 6 sub-sectors integrated as follows: 20% of beverages, 20% of preserved food, 15% of baking, 10% of candies, 8% of dairy and 27% of other processed foods. Together generate about 15 thousand direct jobs, of which more than 3 thousand are women.

80% of jobs generated by the food sector are located in the Capital City, however, the dynamism of the sector is linked to the agricultural sector due to the entrepreneurship of SMEs giving added value to food and open the doors to new markets, said Menéndez.

Entrepreneurs, optimistic about sustained growth and opening up market opportunities in Central America, Mexico, Europe and U.S., have launched the goal of reaching the billion dollars in foreign sales. To achieve this, the sector has been working since 2011 on specific export guidelines to facilitate and adequate information in order to promote new export projects.

According to the director of the commission, these guides are aimed at companies that start in exports, which seek market diversification projects, which intend to export to Mexico and/or the United States on a sustained basis. However, the project comprises three more guides: Central America, Panama and a destination country to be defined in 2013.

Among others, to define these markets, we did the analysis of which represented growth accounted for Guatemalan companies from the food and beverages sector. Definitely, Mexico and the United States are our main markets, after the Central American region and therefore, we seek to strengthen the SMEs to seize them and invite entrepreneurs to know more fully the opportunities of these countries, declared Menéndez.

From finding the terminology used in International Trade, economic data, consumers, Trade Balance, whether from Mexico or the United States, in addition to the top 25 products imported and exported by each sector of these countries. This is the information business operators of food and beverage will find on the export guides mentioned.

What we want eventually is that companies count on different market guides to enable them to consider diversification, new opportunities and actions that promote the export of products of the sector and thus, we can provide to SMEs a greater opportunity for growth, because that results in more foreign earnings, more employment opportunities, more dynamism on the incorporation of all exporting sectors, as it has been for the last 30 years in AGEXPORT, concluded Menéndez.











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