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Stockreport

How Plaza Premium Lounge’s Song Hoi-See Transformed The Airport Experience [Forbes]

American Express Company (AXP)  More Company Research Source: Forbes
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
It was his own frustration with air travel that inspired Malaysian Song Hoi-see to get into the airport lounge business. “I founded this business out of my own bad experience,” says the 62-year-old founder and CEO of Plaza Premium Group International, which he launched in 1998. Today Song’s Plaza Premium—of which he owns 100%—claims to be the world’s largest independent airport lounge operator, managing more than 70 lounges in 46 airports in 22 countries across four continents. Its roughly 5,000 employees serve more than 16 million passengers annually, nearly one in every 116 international air travelers. Despite the coronavirus shock on the travel industry, Song remains optimistic on air travel’s long-term future—after all, he’s already survived two previous crises, the Asia financial crisis and the SARS outbreak. He is now investing more than $100 million in an aggressive expansion plan that includes adding airport hotels and upgrades of existing lounges. Today In: Forbes Asia 201 [Read more]
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Stockreport

How Plaza Premium Lounge’s Song Hoi-See Transformed The Airport Experience [Forbes]

American Express Company  (AXP) 
More Company Research Source: Forbes
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
It was his own frustration with air travel that inspired Malaysian Song Hoi-see to get into the airport lounge business. “I founded this business out of my own bad experience,” says the 62-year-old founder and CEO of Plaza Premium Group International, which he launched in 1998. Today Song’s Plaza Premium—of which he owns 100%—claims to be the world’s largest independent airport lounge operator, managing more than 70 lounges in 46 airports in 22 countries across four continents. Its roughly 5,000 employees serve more than 16 million passengers annually, nearly one in every 116 international air travelers. Despite the coronavirus shock on the travel industry, Song remains optimistic on air travel’s long-term future—after all, he’s already survived two previous crises, the Asia financial crisis and the SARS outbreak. He is now investing more than $100 million in an aggressive expansion plan that includes adding airport hotels and upgrades of existing lounges. Today In: Forbes Asia 201 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AXP
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS