Jimmy’s Egg Franchise Systems (JEFS) announced today the signing of six new Area Development Agreements for 52 new restaurants to be built in Kansas, Arkansas, Texas, New Mexico, Nebraska and Iowa. This development activity will bring Jimmy’s Egg into three new states: Arkansas, New Mexico, and Iowa.
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Sub Zero Ice Cream has recently opened a new flagship corporate headquarters, training center and test kitchen in historic downtown Provo that will serve as the company’s home base, model store prototype and testing ground for continued menu experimentation throughout the brand’s more than 50 stores nationwide.
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Davidson Hotels & Resorts announced the addition of the 341-room Atlanta Marriott Perimeter Center to itsportfolio. Integrated Capital LLC, a private real estate advisory and investment firm, which has acquired or developed assets with a total capitalization of more than $500 million since its founding in 2004, is the new owner.
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Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will debut the ionic W Hotels brand in Scotland with W Edinburgh. Opening in 2021 the hotel will be part of TH Real Estate’s Edinburgh St James scheme, which is set to complete in 2020.
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Following a year where the company experienced the strongest growth in its 19-year history, the momentum is continuing as the sandwich and smoothie franchise reported a 6.4 percent increase in same-store sales and signed franchise agreements to develop 80 new cafés across the U.S., including in Albuquerque, Atlanta, Charleston, Houston and Dallas.
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Existing Franchisee Signs New Multi-Unit Agreement Across Both States
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In a little over a week, Hoshino Resorts will officially open the doors and shake out the tatami mats at Hoshinoya Tokyo, their first resort in the Japanese capital, a stone’s throw from the lush green of Chiyoda and the Imperial Palace. It’s the latest move by Yoshiharu Hoshino, the ambitious fourth-generation CEO of the company – two years ago he took the 116-year-old company public – to expand the business and, in the process, carry the traditions of Japan into the 21st century.
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American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced last week that it has agreed to acquire the previously announced two Embassy Suites by Hilton hotels located in Dallas, Texas and Tempe, Arizona for an aggregate purchase price of approximately US$57.6 million
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The new destination hotel will feature floor-to-ceiling windows offering magnificent views of Waikīkī, as well as on-site amenities including an outdoor pool and entertainment deck, upscale bar and restaurant, and 24/7 fitness facility.
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Newly Built Hotel in Pearsall, TX, Boasts World’s Largest Population of Whitetail Deer
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