Coming in April 2018, three Michelin star Sushi Saito of Tokyo will venture outside of Japan for the first time with the opening of Sushi Saito at Four Seasons Hotel Hong Kong.
Source: New feed
Opening in 2020, the 150-room property will be the newest hotel in Western Melbourne, a rapidly growing region of Victoria, and will be part of a mixed-use development project which will include offices and retail space.
Source: New feed
The Siegel Group Nevada, Inc. announced yesterday that it had acquired a 244-unit hotel property located in Albuquerque, New Mexico that was previously operated under both the Travelodge and Super 8 motel brands for $4 million.
Source: New feed
MCR yesterday announced that it has acquired the 111-room Hilton Garden Inn Allentown West located in Allentown, PA, for $15.0 million. The property is located at the intersection of I-78 and PA Route 100, which is the center of the Lehigh Valley’s manufacturing and logistics industry.
Source: New feed
IHG will grow the franchise business in China, working with established strategic partners who have proven track records of superior hotel management and operations experience.
Source: New feed
CHICAGO (November 28, 2017) – Hyatt Place Shanghai Hongqiao CBD and Hyatt House Shanghai Hongqiao CBD open today in Shanghai Hongqiao’s Central Business District. The openings of these hotels…
Source: New feed
Arby’s Restaurant Group, Inc. and Buffalo Wild Wings, Inc. (Nasdaq: BWLD) today announced that the companies have entered into a definitive merger agreement under which ARG will acquire BWLD for $157 per share in cash, in a transaction valued at approximately $2.9 billion, including BWW’s net debt.
Source: New feed
Four STK Restaurants to open in next 4 years
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RH (NYSE: RH) announced the opening of RH West Palm, The Gallery at CityPlace. The Gallery at West Palm integrates all of RH’s businesses – RH Interiors, Modern, Outdoor, Baby & Child, TEEN, Interior Design and Hospitality – and includes a Rooftop Restaurant, Wine Vault and Barista Bar by celebrated restaurateur and founding president of RH Hospitality, Brendan Sodikoff.
Source: New feed
Summit Hotel Properties, Inc. (NYSE: INN) yesterday announced that it has completed the acquisition of four hotels with a combined total of 652 guestrooms for an aggregate purchase price of $164 million, or approximately $252,000 per key.
Source: New feed