Niu Hotel Announced for Mannheim, Germany

NOVUM Hotel Group, together with developer GBl AG, is planning a niu hotel in the Seckenheimer street near the historic city center in Mannheim. The opening of this 170-room hotel is scheduled for November 2018.
Source: New feed

J. Alexander’s Holdings, Inc. Enters into Definitive Agreement to Acquire Ninety Nine Restaurant and Pub Concept

J. Alexander’s Holdings, Inc. (NYSE: JAX) and Fidelity National Financial, Inc. today announced that J. Alexander’s, Fidelity Newport Holdings, LLC, and Fidelity National Financial Ventures, LLC, a direct wholly-owned subsidiary of FNF, have entered into a definitive agreement under which J. Alexander’s will acquire 99 Restaurants, LLC, in an all-stock transaction valued at approximately $199 million, including the assumption of $20 million in net debt.
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140-Room Hotel Indigo in Gainesville, Fla Breaks Ground

Officials of a joint venture comprised of Peachtree Hotel Group (PHG) and Celebration Pointe Holdings (CPH) today broke ground on the 140-room Hotel Indigo property in Gainesville, Fla. The hotel, which will be operated by PHG, is expected to open in August 2018.
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