Service Properties Trust Completes Transfer of 78 Hotels to Sonesta

Service Properties Trust (Nasdaq: SVC), or SVC, announced on Friday that it has completed the transition of branding and management for 78 hotels to subsidiaries of Sonesta International Hotels Corporation, or Sonesta, from Marriott International, Inc., or MAR. Ten additional hotels are expected to transition to Sonesta by the end of March.
Source: New feed

Captain D's Opens 10 New Restaurants and Accelerates Franchise Development in 2020

Captain D's announced today that it achieved significant growth amid an unprecedented year, opening 10 new restaurants across the Southeast and Midwest and expanding its footprint into its 23rd state, Michigan. The brand also signed five franchise development agreements throughout 2020 to bring 17 new restaurants to key markets such as the Dallas-Fort Worth and Atlanta metro areas over the next several years.
Source: New feed