American Wave Machines Announces Partnership with China Tourism Group
PerfectSwell® Heading to China's Surfing Capital
SOLANA BEACH, CA / ACCESSWIRE / December 17, 2024 / American Wave Machines, the surf technology company behind PerfectSwell® Surf Venues worldwide, today announced an agreement to develop a PerfectSwell® Surf Resort with China Tourism Group. The project, located on the island of Hainan in Riyue Bay, also known as Sun and Moon Bay in the town of Wanning, will be called "Riyue Bay Surf Resort".
Known for having the best surf in China, Riyue Bay has attracted a wide range of businesses including a vibrant restaurant and bar scene open to international tourists. With conditions and climate that support year-round surfing, Riyue Bay has held international competitions for eleven consecutive years. Standing out as a beacon of success for the Chinese surf scene, Riyue Bay is also home to China's National Surfing Team.
The PerfectSwell® anchored multi-use development will be the very first surf resort in China. In phase one, the resort will deliver a surf-themed hotel and a designer hotel totaling 132 rooms, a shopping district, bar and restaurants, surf retail shop, and skate park in addition to the PerfectSwell® Surf Pool. Phase two will add more rooms to the hotel and additional lodging options. The project will utilize the flexibility of PerfectSwell® Surf Technology by targeting the existing market of enthusiast surfers from abroad while also catering to beginners among the local population.
Kuan Zhao, surf park director of the resort, describes what PerfectSwell® Surf Technology brings to Chinese athletes: "With the launch of PerfectSwell®, China solidifies its commitment to developing world-class athletes across all Olympic sports, surfing included. With PerfectSwell®, Riyue Bay Surf Resort delivers unparalleled training opportunities allowing us to cultivate homegrown talent. At the same time, the venue will deliver a world-class resort experience for all levels of surf tourists. We will expand the surfing community throughout the country while welcoming the diverse and broad spectrum of surf enthusiasts from around the world."
Miquel Lazaro, lead engineer from American Wave Machines, describes what it means to add a PerfectSwell® Venue to China's emerging scene: "We're stoked to bring our brand of high-performance waves to China. Riyue Bay Surf Resort will provide locals and visitors with something truly world-class. We have seen the impact of PerfectSwell® Surf Parks in other regions and it's an exciting opportunity to impact China's incredible surf culture and talent potential."
About American Wave Machines
American Wave Machines, Inc. is the inventor and developer of PerfectSwell® Surf Technology. AWM's technology powers world class surf facilities and destinations backed by proven financials, extensive data capture, and stoked surfers. PerfectSwell® is the only sequence based, pneumatic surf technology on the market. Protected by over 50 patents worldwide, PerfectSwell® Split Peaks, Peeling Waves, Air Sections, and Wedge Barrels are all covered by AWM's robust patent portfolio.
About China Tourism Group
China Tourism Group Corporation Limited (CTG), also known as China Travel Service (Holdings) Hong Kong Limited, is a backbone state-owned enterprise directly managed by the central government and one of the central government-owned enterprises headquartered in Hong Kong. CTG has formed an industry structure comprising travel agencies, scenic areas, hotels, duty-free retail, tourism transportation, travel document services, cruises, real estate, and comprehensive operations in Hong Kong. The operation network spans China's mainland, Hong Kong, Macau, and over 30 countries and regions abroad.
Contact:
Jenna Timinsky
info@americanwavemachines.com
SOURCE: American Wave Machines, Inc.
View the original press release on accesswire.com
American Wave Machines, Inc.
Subscribe to releases from ACCESSWIRE
Subscribe to all the latest releases from ACCESSWIRE by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESSWIRE
MicroVision Increases Production Capacity to Meet Anticipated Demand19.12.2024 09:20:00 EET | Press release
REDMOND, WA / ACCESSWIRE / December 19, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has increased production capacity for its MOVIA L sensor to meet anticipated demand from the industrial sector. Building on the relationship with its existing automotive Tier 1 manufacturing partner, MicroVision expects output of MOVIA L sensors for 2025 to significantly increase compared to 2024. The continued acceleration of production capacity throughout 2025 will result in a reduced average cost per sensor, while maintaining a high-quality product suitable for industrial applications. "Securing this production capacity is critical to support high-volume orders from industrial customers, so we feel good closing out the year with this commitment in hand," said Sumit Sharma, Chief Executive Officer. "We are pleased with this scaling, particularly from a cost perspective, and our Tier 1 automotive supplier, ZF, i
TechGALA 2025 - Aichi's First International Startup Conference17.12.2024 22:00:00 EET | Press release
Join us 4-6 February 2025 to discover Aichi's international, vibrant startup ecosystem. NAGOYA, JP / ACCESSWIRE / December 17, 2024 / TechGALA, Nagoya's first major startup event, is fast approaching! From February 4-6 2025, TechGALA will open its doors to share Nagoya's business culture of innovation within a system with the world. Read on for more information about this exciting event! TechGALA will be based mainly out of Chunichi Hall and Conference Center, but events will be held at several other locations around the Sakae and Tsurumai neighborhoods - including Nagoya Innovator's Garage and the new STATION Ai campus. Check out the map below for more details: Almost a hundred speakers will be in attendance, including Professor Emori Seita from Tokyo University's Institute for Future Initiatives, Futurist Peter Swain, Chief Sustainability Officer at Toyota Motor Corporation Yumi Otsuka, and artist/writer/non-architect/drag queen Vivienne Sato. In addition to speakers from the busines
The European Union Endorses Green Energy Park as a 2025 Global Gateway Flagship Project17.12.2024 08:30:00 EET | Press release
On 22 November 2024, the Council of the EU approved 46 Global Gateway flagship projects for 2025, endorsing Green Energy Park as a reference project for Climate and Energy. ROTTERDAM, NL / ACCESSWIRE / December 17, 2024 / Green Energy Park has been recognized as a priority under the EU's "Climate and Energy" category of the Global Gateway with its transformative project to produce renewable hydrogen at a gigawatt scale. The project's objective is to leverage green hydrogen to deepen industrial value chains in its dedicated region, Brazil - South America. Through the Global Gateway, the European Commission and its 27 Member States develop and invest in sustainable, high-quality projects worldwide. The flagship projects list aims to showcase the European Union's priorities. To maximize impact, the projects endorsed by the Council of the EU will align with policy priorities in specific regions and dedicated sectors, ensuring no overlap. This selection of reference initiatives acts as a ca
Energy Storage Summit Germany Joins The Battery Show Europe17.12.2024 04:00:00 EET | Press release
The event expands to explore the German utility-scale energy storage market in-depth, as Germany sees a 27.9% increase of Gigawatt-capacity in just one year. STUTTGART, GERMANY / ACCESSWIRE / December 17, 2024 / The Battery Show Europe and Electric & Hybrid Vehicle Technology Expo Europe, the region's most important event in batteries, electric and hybrid vehicle tech industries, introduces Energy Storage Summit Germany as part of the event taking place on 3-5 June 2025 at Messe Stuttgart. Born from the Energy Storage Summit series, Energy Storage Summit Germany spotlights Germany's rapid ascent in the vastly competitive European storage sector and is part of a portfolio of ten events dedicated solely to energy storage deployment. The country is emerging as a frontrunner in European energy storage, with growth historically driven by the residential storage sector. The industry is shifting toward utility-scale installations, boasting 1.7 gigawatt (GW) of total installed capacity by the
Loar Holdings Inc. Announces the Grant of Inducement Awards16.12.2024 16:35:00 EET | Press release
WHITE PLAINS, NY / ACCESSWIRE / December 16, 2024 / Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we" and "our"), today announced that it has granted options to purchase an aggregate of 68,000 shares of common stock to three new employees. The options to purchase common stock were granted without stockholder approval as material inducements to the employees entering into employment with Loar pursuant to NYSE Listed Company Manual Section 303A.08 and were approved by the Compensation Committee of the Board of Directors of Loar. Each grant of options to purchase common stock is granted in five separate, equal size tranches: Tranche A, Tranche B, Tranche C, Tranche D and Tranche E. Tranche A vests on the first anniversary of the date of grant with an exercise price equal to the closing price of our common stock on the trading day immediately preceding the date of grant (the "Grant Price"). Tranche B vests on the second anniversary of the date of grant with an exercise price set at the product
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom