Tropical Smoothie Cafe announced yesterday its strong growth year-to-date in 2020 including the signing of 103 new franchise agreements, including 49 signed since March 1 – of which, 67% are with existing franchisees. In addition, the company also opened 43 new restaurants in 2020 with 35 cafes opening since March 1.
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International Bakery-Café Concept Targets Western Canada for Growth
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July 15, 2020 (CHICAGO) — Today, Hyatt Hotels Corporation (NYSE: H) announced the introduction of the internationally acclaimed Miraval spa and wellness brand to Lenox, Mass., with the opening…
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It’s estimated that 20 percent of hotels in the U.S. have debt held in commercial mortgage-backed securities (CMBS). Among these hospitality industry borrowers are hotel owners needing financial relief due to the COVID-19 pandemic, many of whom are unfamiliar with working with master servicers and special servicers in the complex world of CMBS.
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90-room Nordic design hotel under construction at Zurich Airport
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Alternative lenders step up to fill traditional lending gap with more flexibility
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Commercial real estate owner and developer Sleiman Enterprises announced the renovation of the iconic San Marco Square buildings. The collection includes three buildings: 1974 San Marco Blvd., a historic 94-year-old 8,200-square-foot building located directly across from the iconic Lion’s Fountain in Balis Park; 1980 San Marco Blvd., currently a Starbucks; and 1972, a Beau Outfitters.
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Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Anolia Holdings Limited for the first Hyatt hotel on the island of Cyprus, Grand Hyatt Limassol. The 300-room luxury resort is expected to open in 2025 and signifies Hyatt’s continued growth into Europe’s leading travel destinations.
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SoFresh is scheduled to open three new Florida locations this year. The first of the three will be in South Tampa at Westshore Town Center (next to Starbucks).
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Global hotel chain will no longer operate Hilton Cape Town City Centre property from this weekend, as industry continues to struggle.
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