Hyatt Regency Andares Guadalajara Opens in Mexico

CHICAGO (February 22, 2017) – Hyatt Hotels Corporation (NYSE: H) announced today the official opening of Hyatt Regency Andares Guadalajara, the fourth Hyatt Regency hotel in Mexico. With this…

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Popeyes Sold to Restaurant Brands International for $1.8 Billion

Restaurant Brands International Inc. (NYSE/TSX: QSR, TSX: QSP) and Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI) announced today that the companies have reached an agreement for RBI to acquire Popeyes for $79.00 per share in cash, or $1.8 billion.
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Mondrian Doha Hotel to Open This Spring in Qatar

The 270-room hotel has been designed in collaboration with Dutch designer, Marcel Wanders, along with South West Architecture – the architectural company of record for Mondrian Doha, responsible for the design of the building.
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Stowe Mountain Resort in Vermont Sold for $50 Million

Vail Resorts, Inc. (NYSE: MTN) today announced that on Feb. 17, 2017, it entered an agreement to acquire Stowe Mountain Resort from Mt. Mansfield Company, Inc. (MMC), a wholly owned subsidiary of American International Group, Inc. (AIG), for a purchase price of $50 million, subject to certain adjustments.
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Autograph Collection Hotel to Open 2018 in Pittsburgh

Concord Hospitality announced today that it plans to open Pittsburgh’s first Autograph Collection Hotel in the heart of the Oakland neighborhood. Construction began on the 167-room property, The Oaklander Hotel, last month. The development team is led by Oakland Fifth Avenue Hotel Associates LP, a partnership between Concord and Callay Capital.
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New Construction Guidelines for Hotels Available

In order to support architects and developers, the Quietroom Foundation, which oversees the Quiet Room® label, has published the Quiet Room® Guide for architects and developers. With the help of this guide, construction professionals can gain an understanding of the QR label, the certification requirements and the latest methods for acoustic insulation of hotel rooms.
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Delight Restaurant Group Announces Acquisition Of 30 Wendy's Restaurants From The Wendy's Company As Part Of The Company's Previously Announced System Optimization Initiative

Delight Restaurant Group announced today the December 2016 acquisition of 30 Wendy’s restaurants in the Virginia Beach – Norfolk metropolitan area. As part of the transaction, Delight Restaurant Group plans to build several new restaurants in the area and remodel certain acquired restaurants in Wendy’s new Image Activation format.
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Johnny Rockets Reaches International Growth Milestones

Johnny Rockets continues to experience international growth, opening new restaurants in Latin America and Asia and signing development deals to open restaurants in the Caribbean, Singapore, Switzerland and the United Kingdom.
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