This will be IHCL’s Fifth Hotel in the State
Source: New feed

The sale price represents an attractive selling capitalization rate of approximately 8.2%, based on trailing 12-months net operating income, after management fees and FF&E reserve
Source: New feed

Oliver Hospitality announced today that it has acquired the Best Western Station House Inn and its Lewmarnel’s Food & Spirits in South Lake Tahoe, California. Oliver plans to start renovations on the hotel and restaurant in Q4 2019 and rebrand as a vintage motel called with a revamped design, food, beverage and social areas.
Source: New feed

Situated at 144 Elk Place in the heart of New Orleans' theater district, The Marquee offers guests convenient access to the best of The Big Easy in every direction.
Source: New feed

Representing the Buyer and Seller of this Nationally Recognized Franchise with I-5 Highway Location
Source: New feed

The first stores will open in Dallas, Houston, San Antonio and Austin. The new stores will mark the debut of Fatburgers in Texas and add to more than 200 Fatburger locations worldwide.
Source: New feed

RLH Corporation (NYSE:RLH) announced today the Company executed 40 hotel franchise agreements during the second quarter, an increase of approximately 38% versus the number of contracts signed during the second quarter of 2018.
Source: New feed

The property is located in Wisconsin and is occupied under a triple-net lease with approximately 8 years of term remaining. The transaction was priced at a 6.7% going-in cash cap rate, exclusive of transaction costs.
Source: New feed

As part of the agreement, HMSHost will debut two new Panera airport locations, first at Charlotte Douglas International Airport's Concourse E, and soon to follow at Salt Lake City International Airport's Concourse A in 2020. Additional airport and travel plaza locations are slated to open throughout 2020 and beyond.
Source: New feed

Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into an agreement to sell the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key.
Source: New feed