Robert Earl and his son, Robbie Earl, announce today that they are launching The Breakfast Club, situated at 1600 Vine in Los Angeles.
Source: New feed
Month: August 2021
Naladhu Private Island Maldives to Relaunch in November Following Complete Renovation
The resort is undergoing a total redesign with the public areas and accommodation being renovated and the resort’s top suite, the Two Bedroom Pool Residence, reopening with its own 20 metre private beach.
Source: New feed
Reliance Hotel Group Aquires Two Premier Hotels in the Pittsburgh Area: Doubletree by Hilton Monroeville and Doubletree by Hilton Green Tree
Growing hospitality management group adds two hotels increasing its presence in the Northeast market.
Source: New feed
Fiesta Restaurant Group, Inc. Closes the Sale of Taco Cabana
The stock purchase agreement provides for a cash purchase price of $85.0 million, less total closing adjustments estimated at $7.2 million to $8.0 million, resulting in estimated net proceeds of $77.0 million to $77.8 million.
Source: New feed
Schlotzsky's Accelerates Franchise Development with Pipeline Nearing 100 Restaurants
Opens first new prototype restaurant focused on off-premise access
Source: New feed
Dine Brands International Expands with IHOP Non-Traditional Restaurant Franchisee Deal with K2 Group in Ontario, Canada
Five restaurants planned to open over the next five years
Source: New feed
Hyatt Acquires Apple Leisure Group for $2.7 Billion in Cash
Hyatt to sell an additional $2 billion of hotel assets by the end of 2024
Source: New feed
Hyatt to Acquire Apple Leisure Group, Expanding Global Brand Presence in Luxury Leisure Travel
CHICAGO (August 15, 2021) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury…
Source: New feed
Chicken Salad Chick Experiences Growth In First Half Of Year With 17 New Locations And 14 Signed Franchise Agreements
Also reported a 50% increase in sales year-over-year as the brand opens its 200th store
Source: New feed
MCR Acquires the DoubleTree Minneapolis University Area and Converts It to a Hilton Garden Inn
Last fall, MCR acquired the DoubleTree from a lender who foreclosed on their borrower. MCR’s purchase price was more than a 40% discount to what the hotel previously sold for in 2018. In June 2021, MCR rebranded the hotel from a DoubleTree to a Hilton Garden Inn.
Source: New feed