Black Bear Diner announced today that it has signed lease agreements for new restaurants in Katy, Texas and Midwest City, Oklahoma. The new lease agreements in Oklahoma and Texas mark the first step towards eastward expansion for the rapidly expanding chain.
Source: New feed

Ford C. Barton, Principal of Lodging Partners, LLC, has arranged the sale of the Comfort Inn, Asheboro, North Carolina. The Hotel was purchased by a regional hotel investor who plans to eventually reposition the property to a Country Inn & Suites.
Source: New feed

P&R Holdings Limited, a 50-50 joint venture of Paliburg and Regal entered into a Sale and Purchase Agreement to acquire a 50% equity interest in Prosper Harvest, which indirectly owns the iclub Ma Tau Wai Hotel.
Source: New feed

Hotel stakeholders shared a diversity of insights into U.S. hotel industry trends during the lifecycle of a hotel, including development, conversion/repositioning, and disposition.
Source: New feed

Joseph P. Kennedy, President of Crystal Investment Property, LLC, exclusively represented the Buyer in the purchase of the Econolodge in Newport, Oregon. The 44-room roadside motel is located adjacent to Highway 101 on the Central Oregon Coast. The final sale price is confidential.
Source: New feed

James Beard awarded, modern Vietnamese restaurant to open in 2018
Source: New feed

Deals include Elephant Bar Restaurant, Baker Bros American Deli, and Ruby Tequila’s Mexican Kitchen
Source: New feed

Hailed as one of the best chefs in New York City and for bringing California cuisine to the world, Jonathan Waxman will return to Southern California with a restaurant to open Spring 2018
Source: New feed

Thailand-based Dusit International has signed a strategic partnership with Dossen International Group, one of the fastest growing hotel groups in China, to operate and develop DusitPrincess resorts and residences in China.
Source: New feed

Capriotti’s Sandwich Shop signed a franchise agreement to bring three new Capriotti’s locations to the Las Vegas market over the next two years, with the first new shop expected to open in June at 5020 Blue Diamond Road.
Source: New feed