Accor takes full ownership of sbe's lifestyle hotel brands along with majority of restaurant brands
Source: New feed

An affiliate of The Axton Group yesterday announced the firm has closed on the acquisition of the Renaissance Austin Hotel for $70 million.
Source: New feed

Through this all-share merger, a new autonomous and fully asset light entity will bring together an unrivalled portfolio of world class brands, including The Hoxton, Gleneagles, Delano, SLS, Mondrian, SO/, Hyde, Mama Shelter, 25h, 21c Museum Hotels, TRIBE, JO&JOE and Working From_. The new entity will be headquartered in London and will take the name Ennismore.
Source: New feed

As part of its simplification and asset-light strategy, and with the ambition of accelerating its momentum in the fast-growing Lifestyle hospitality sector, Accor today announces the signing of binding agreements on a new sbe Group's ownership structure.
Source: New feed

CHICAGO (November 25, 2020) – Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into management agreement with R&F UK for a new Hyatt-branded hotel in London….

Source: New feed

The hotel, which first opened in 1838, is a landmark property on Paradeplatz, the main square in the city centre. It is located in the heart of the old town, within the main business centre, close to the city's leisure attractions and a short walk from the shores of Lake Zurich.
Source: New feed

California Pizza Kitchen yesterday announced that it has successfully completed its financial restructuring process and emerged from Chapter 11, well positioned for long-term growth. As part of its financial restructuring, CPK completed a debt-for-equity transaction, and now has a substantially reduced debt load and increased liquidity, including exit financing that provides the capital to support CPK’s business and build on the company’s current business momentum.
Source: New feed

Braniff Airways signed a licensing agreement May 21, 2020, for the licensing of a new Braniff hotel project at the former Airline’s Hostess College located at 2801 Wycliff Avenue in the Oaklawn district of Dallas, according to Braniff Chairman Richard Ben Cass.
Source: New feed

The property is located in a highly trafficked corridor in Mississippi and is occupied under a net lease with approximately five years of term remaining.
Source: New feed

Middle East & Africa region expanded to include India and Turkey, under management of the Dubai Regional Office
Source: New feed