The New York City location at 7 Times Square and the Washington, D.C., location at 100 M Street SE will be in the heart of the city's historic Navy Yard neighborhood.
Source: New feed
Month: September 2021
Hotel Transactions Pace Stagnates Across Middle East Markets – CoStar
With a muddled investment landscape and strong competition for assets, many investors in the Middle East and Africa remain focused on repositioning, capital expenditures and opportunistic purchases.
Source: New feed
The Cosmopolitan of Las Vegas Sells for $5.65 Billion
Blackstone (NYSE: BX) today announced that Blackstone Real Estate Partners VII L.P. has reached an agreement to sell The Cosmopolitan of Las Vegas for $5.65 billion.
Source: New feed
FCPT Announces Acquisition of a Three Property Portfolio from Washington Prime Group for $5.1 Million
Four Corners Property Trust (NYSE:FCPT) announced the acquisition of a Buffalo Wild Wings property, a Wells Fargo property, and a Texas Roadhouse property for $5.1 million from Washington Prime Group.
Source: New feed
FCPT Announces Acquisition of an Arbys Property for $1.9 Million
The property is located in a strong retail corridor in Ohio and is corporate-operated under a triple net lease with approximately five years of term remaining.
Source: New feed
Pebblebrook Hotel Trust Acquires Margaritaville Hollywood Beach Resort in Hollywood, FL Sold for $270 Million
Pebblebrook Hotel Trust (NYSE: PEB) today announced that it acquired the 369-room oceanfront Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital Partners, LLC. The lifestyle resort will continue to be managed by Davidson Hospitality Group.
Source: New feed
Hyatt Announces the Exercise of the Underwriters' Option to Purchase Additional Shares of Common Stock
CHICAGO, September 24, 2021 — Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H), a leading global hospitality company, announced today that, in connection with its previously…
Source: New feed
Shipley Do-nuts Accelerates Growth With New Multi-Unit Deals
Brand to enter new markets in West Texas and Florida with 20 new locations
Source: New feed
Yum China and Lavazza Plan to Accelerate Expansion of Lavazza Cafés in China and Extend Partnership to Product Distribution
Aiming for 1,000 Lavazza cafés in China by 2025 through the existing joint venture
Source: New feed
Velvet Taco Plans Aggressive Expansion In Southeast And South-Central Regions
Brand plans to double in size by end of 2022 to over 40 locations
Source: New feed