Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants, Inc. (NASDAQ: TACO today announced that the companies have entered into a definitive agreement pursuant to which Jack in the Box will acquire Del Taco for $12.51 per share in cash in a transaction valued at approximately $575 million, including existing debt.
Source: New feed
Month: December 2021
Hyatt Introduces New Zero Proof Beverage Program in Response to Travelers' Increased Focus on Wellbeing and Growing Interest in Alcohol Alternatives
CHICAGO (DECEMBER 6, 2021) – Hyatt Hotels Corporation (NYSE: H) announces today the introduction of Zero Proof, Zero Judgment – a beverage program that will bring dedicated zero proof beverage…
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Hyatt Place Vadodara celebrates official opening
CHICAGO (December 6, 2021) Hyatt Place Vadodara, the fifth Hyatt Place hotel in India, is officially open, expanding the brand’s footprint globally in markets that matter most to guests and…
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Estancia La Jolla Hotel & Spa in La Jolla, CA Sold for $108 Million
Pebblebrook Hotel Trust (NYSE: PEB) yesterday announced that it acquired the AAA Four Diamond 210-room Estancia La Jolla Hotel & Spa in La Jolla, California for $108 million. The Company retained Noble House Hotels & Resorts to manage this hacienda-style resort.
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Hotel Belmont Vancouver Joins the MGallery Hotel Collection
Hotel Belmont Vancouver – MGallery Hotel Collection marks the brand’s first foray into the Canadian market, joining a global network of more than 100 unique addresses, now in more than 30 countries around the world.
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EVEN Hotels Breaks Ground Near Bozeman Yellowstone International Airport (BZN)
ERES Capita has announced the groundbreaking on a new EVEN Hotels property in Belgrade, Montana. Located adjacent to Bozeman Yellowstone International Airport (BZN) in the Yellowstone Airport Plaza, a new mixed-use, master-planned development, the IHG Hotels & Resorts (IHG) branded hotel will serve the airport and the broader Gallatin Valley.
Source: New feed
Blaze Pizza New Miami Franchise Agreement
To Develop Nine New Restaurants Across South Florida with Seasoned Multi-Unit Franchisees
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Hoteliers Focus on Fit-for-Purpose Business Models for New Era – CoStar
The recent surge in independent hotels looking for with wider distribution has led to new and tweaked business models and a rise in conversion brands.
Source: New feed
Deutsche Hospitality Launches IntercityHotel Brand in Switzerland
First IntercityHotel opens for business at Zurich Airport – Geneva will follow in 2023
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Radisson Hotel Group to Open 11 Radisson Individuals Hotels Across Russia
Under an agreement with Cosmos Hotel Group, 7 existing hotels currently in the Cosmos Hotel Group's portfolio will join the Radisson Individuals brand. Another 4 hotels are committed to open by 2025 under this dual branding.
Source: New feed