Choice Hotels International, Inc. (NYSE: CHH) has awarded franchise agreements to Gulf Coast Hotel Management, Inc. to convert 15 MainStay Suites hotels in major markets across the U.S., the largest multi-unit transaction in the brand's history.
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Prakas & Co. today announced the sale of Fort Lauderdale's award-winning Blue Moon Fish Co. to Ark Restaurants – operator of some of the world's finest dining establishments located in New York City, Las Vegas, Washington, D.C., Atlantic City, and Florida.
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Under the terms of the agreement, Peachtree Hospitality Management (PHM), PHG’s operational division, will manage Zenique’s current portfolio of four hotels. The strategic partnership also makes PHM the operator of all Zenique’s future hotels as it continues to grow nationwide.
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Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., has announced it will open the Hotel Okura Vladivostok, the first Japanese-run hotel in the Russian Pacific port city, in the second half of 2021.
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RLH Corporation Announces Agreement to be Acquired by Sonesta International Hotels for $3.50 Per Share in Cash; Transaction Valued at Approximately $90 Million
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Four Corners Property Trust (NYSE:FCPT) announced the acquisition of a six property portfolio for $12.0 million. The properties include 7-Eleven, Advance Auto Parts, Starbucks, and Verizon (3) branded properties.
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