New Agreements Call for IHOP’s Debut in Thailand and India; Applebee’s to Enter Bahrain, Oman and Panama as Part of Plan to Double International Presence by 2021
Source: New feed
Month: January 2017
Cerberus Capital Management and Partners to Acquire Garden Fresh Restaurants
Approval of Purchase Agreement Paves Way for Chapter 11 Exit
Source: New feed
Mövenpick Ambassador Hotel Accra in Ghana Sold
Largest open-market hotel transaction in sub-Saharan Africa to date
Source: New feed
Playa Hotels & Resorts Launches Panama Jack Resort Brand
Playa will now-under the Panama Jack brand-pursue the redevelopment of two existing all-inclusive hotels in Mexico: Gran Caribe Resort in Cancun and Gran Porto Resort in Playa del Carmen.
Source: New feed
McDonald's Selling 80% Stake in China, Hong Kong Restaurants – USATODAY
McDonald’s is handing over an 80% stake in it’s China-based restaurants to a team that includes the nation’s biggest conglomerate.
Source: New feed
AlRayyan Hotel Doha in Qatar Jons Curio Collection
Located in the upscale neighbourhood of Al Rayyan, and directly connected to the Mall of Qatar, the AlRayyan Hotel Doha, Curio Collection by Hilton offers a choice of 201 elegant guest rooms and suites featuring timeless decor along with floor-to-ceiling windows, oversized bathrooms and walk-in rain showers.
Source: New feed
Hospitality Management Corporation Adding Holiday Inn Express® Irving DFW Airport North to Portfolio
Hotel Conveniently Located near Dallas/Fort Worth Airport
Source: New feed
Johnny Rockets Celebrates 30 Countries In 30 Years
Johnny Rockets recently celebrated its 30th anniversary by announcing the opening of a new restaurant in its 30th country.
Source: New feed
Yum China Launches Taco Bell Brand in China
The inaugural restaurant is located near Shanghai’s landmark Oriental Pearl Tower in the Lujiazui area, the city’s central business district, and is Taco Bell’s latest international market entry as it grows the brand globally.
Source: New feed
American Hotel Income Properties REIT Acquires Two Embassy Suites by Hilton Hotels in Texas and Arizona for US$57.6 Million
The Acquisition Properties comprise 529 total guest rooms and were acquired for approximately US$109,000 per guest room, exclusive of the cost of the PIPs, which is below management’s estimate of replacement cost.
Source: New feed