The properties are outparcels to Salmon Run, a Pyramid-owned shopping, dining and entertainment destination located in Watertown, New York and are occupied under triple net leases with 4 years of weighted average term remaining.
Source: New feed
Month: December 2019
Caesars Entertainment Completes Sale of the Rio to Dreamscape or $516.3 Million
Caesars Entertainment Corporation (NASDAQ: CZR) last week announced it has completed the previously announced sale of the Rio All-Suite Hotel & Casino to a company affiliated with Dreamscape Companies, which is owned and controlled by Eric Birnbaum, for $516.3 million.
Source: New feed
Hyatt Announces Plans for First Hotel in Iceland with Hyatt Centric Reykjavík
CHICAGO (December 9, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with H176 Reykjavík ehf, a fully owned subsidiary…
Source: New feed
The Unbound Collection by Hyatt Brand Debuts in the United Kingdom With Opening of Great Scotland Yard
CHICAGO (December 9, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt. On the site of…
Source: New feed
Marriott International To Open More Than 30 Luxury Hotels In 2020
Openings planned from Tokyo to Mexico City and Reykjavik to Melbourne
Source: New feed
Accor to Sell a 5% Stake in Huazhu for USD451m
Accor and Huazhu will continue to develop their partnership and growth dynamic initiated 4 years ago, which has enabled the openings of 200 economy and midscale hotels in China, mainly under the ibis, Novotel and Mercure brands. An additional 250 properties in the pipeline are scheduled to open over the next 3 years.
Source: New feed
Redberry Restaurants Announces Agreement With Burger King Canada to Develop More Than 100 New Restaurants
Redberry Restaurants announces an Area Development partnership with Burger King Corporation to develop 103 new BURGER KING restaurants in Ontario and Manitoba within the next 5 years.
Source: New feed
Azerai Announces Third Property in Vietnam, Azerai Ke Ga Bay, to Open in Early 2020
Azerai Ke Ga Bay, a luxurious and secluded oceanfront retreat in southeastern Vietnam, is set to launch in early 2020 as the third property in Azerai Resorts' growing portfolio.
Source: New feed
City of Mississauga Welcomes New Bombardier Global Manufacturing Centre
Bombardier has announced that Mississauga will be home to a new global manufacturing centre for its Global business jets. The 41.2 acre facility will be located on Toronto Pearson Lands.
Source: New feed
Four Seasons Hotels and Carpenter & Company to Open Luxury Hotel and Private Residences in New Orleans
Four Seasons Hotels and Resorts together with developers Carpenter & Company Inc. and Woodward Interests, LLC will open a luxury hotel and Private Residences in downtown New Orleans in late 2020. The property is owned by Two Canal Owner LLC, in which both developers are partners.
Source: New feed