NexPoint Hospitality Trust Announces Agreement to Acquire Condor Hospitality Trust, Inc.
Source: New feed
Month: July 2019
Red Robin Confirms Receipt of Unsolicited Conditional Proposal from Vintage Capital
Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) confirmed it has received an unsolicited conditional proposal from Vintage Capital Management, LLC to acquire all of the outstanding common shares of Red Robin for $40.00 per share in cash.
Source: New feed
Hyatt Announces Plans for Thompson Denver
CHICAGO (July 23, 2019) – Hyatt Hotels Corporation (NYSE: H) has announced plans for Thompson Denver, the first Thompson Hotels property in the state of Colorado, expected to open in 2021….
Source: New feed
The Ehmer Group Structures Sale of the Del Sol by La Quinta – Madera, California
The property was purchased by a group of hotel investors from the San Francisco Bay Area for $11,825,000 which equates to $122,000 per key and a 10% Cap Rate on Proforma. The group also owns and operates multiple hotel investments in the California Lodging Market.
Source: New feed
Hyatt Centric Brand Expands in California with Opening of Hyatt Centric Mountain View in Silicon Valley
CHICAGO (July 18, 2019) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Centric Mountain View. Ideally situated in the Village at San Antonio Center, the new 167-room…
Source: New feed
Huff, Niehaus Closes Sale of the Best Western Richmond Hotel, Richmond, Kentucky
The 80-room hotel and 6.5+/- acres of fee simple land sold for $3,800,000 to ASHTAVINAYAK LLC.
Source: New feed
YOTEL to Open Its First Australian Hotel in Melbourne
The 244-room property is slated to open in 2022 and will be located on 63-69 City Road in Southbank
Source: New feed
Omni Viking Lakes Hotel Announced
Set to open in late 2020, the hotel is well underway at nearly seven stories high. Construction is being led by MN Development Company, LLC, in collaboration with Minnesota-based firm Kraus Anderson.
Source: New feed
Joella's Hot Chicken to Double in Size with Southeast and Midwest Expansion
Nine new locations opening in 2019 reinforce Joella's as the largest hot chicken restaurant brand in the US
Source: New feed
Chicken Salad Chick Propels Franchise Expansion and Achieves 14th Consecutive Quarter of Positive Same Store Sales Growth
Opens 20 new restaurants and signs 12 development agreements in first half of 2019
Source: New feed