Emaar Hospitality Group Reaches Milestone of 10,000 Hotel Rooms

Emaar Hospitality Group has achieved a milestone of 10,000 hotel rooms across its 11 operational hotels and 30 upcoming projects. Of these, over 2,500 are operational at the Group’s 11 hotels in Dubaiwhile over 7,500 rooms are under development in the UAE, Saudi Arabia, Bahrain, Egypt, Turkey and the Maldives.
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Sofitel Budapest Chain Bridge Hotel Sold to Starwood Capital

Starwood Capital Group announced today that it has entered, through a controlled affiliate, into the sale and management back transaction to acquire the Sofitel Budapest Chain Bridge Hotel from Orbis Hotel Group, the leading hotel operator in Eastern Europe.
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WaterWalk Breaks Ground in Richardson, Texas

WaterWalk, Jack DeBoer’s fifth national brand, announced today the groundbreaking of its third property at 2210 North Glenville Drive in Richardson, Texas. This is the second WaterWalk franchise property sponsored by MBC Partners who opened their first WaterWalk franchise property in Centennial, Colorado in September of this year.
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Brazil Hospitality Group (BHG) Launches Partnership with AccorHotels

Brazil Hospitality Group (BHG) announced today the beginning of its partnership with AccorHotels, which will manage 17 of BHG’s owned hotels. AccorHotels also acquired LEBSPE Ltda from BHG, a company that manages The Capital São Paulo Itaim and Grand Plaza São Paulo Jardins hotels, in São Paulo; Soft Inn São Luis, in Maranhão; and Presidente Uberlândia Hotel, in Minas Gerais.
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Freddy's Frozen Custard & Steakburgers Expands in the Southeast

Freddy’s Frozen Custard & Steakburgers’ steady expansion in the Southeastern United States is stoked with the opening of three new franchised locations and the announcement of a new franchise development agreement.
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