Four Corners Property Trust (NYSE:FCPT announced that it has signed a definitive agreement for the purchase of 23 outparcel properties (26 leases) from Seritage Growth Properties (NYSE: SRG) for $67.9 million. Including FCPT’s estimated capital expenditures related to leasing the final inline space at one of the multi-tenant properties, the total consideration is approximately $68.4 million.
Source: New feed

Late-Night Concept Debuts in Miami October 31
Source: New feed

Refranchising initiative next step in transformation of legacy brand
Source: New feed

Kimpton Hotels & Restaurants announced today a new property in New Orleans scheduled to open in early 2020. The Kimpton Hotel Fontenot will pay homage to the city's rich musical history and the inspirational musicians behind it.
Source: New feed

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced it has entered into a definitive agreement to acquire select assets of Bombardier aerostructures and aftermarket services businesses in Belfast, Northern Ireland (known as Short Brothers); Casablanca, Morocco; and Dallas, United States, for cash consideration of $500 million.
Source: New feed

After initially raising $30,000 during a Kickstarter campaign in 2016, the brand opened their first LOGE outpost in Westport, Washington in 2017. The idea is that they find these near forgotten motels that are adjacent to some of your favorite towns and trails and bring them back to life. It’s that simple.
Source: New feed

CHICAGO (October 30, 2019) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported third-quarter 2019 financial results. Net income attributable to Hyatt was $296 million,…

Source: New feed

Century-Old Buildings Transform into New Lifestyle Hotels as New Developments Take Shape Across Region
Source: New feed

Engineered wood construction is booming, and policy initiatives further encourage its rise
Source: New feed

IHOP Restaurants, a subsidiary of Dine Brands Global, Inc. (NYSE: DIN), and TravelCenters of America Inc. (Nasdaq: TA) announced that the two companies have entered into a franchise development agreement and plan to open up to 94 IHOP restaurants over the next five years in TA and Petro branded locations across the United States.
Source: New feed