Procaccianti Companies today announced the acquisition of The Chatham Wayside Inn, located at 512 Main Street, Chatham, Massachusetts, in the heart of historic Cape Cod.
Source: New feed
Month: March 2022
Newly Constructed Holiday Inn Express in Huntsville, Alabama Sold for $13,950,000
Sitting on 2.68 AC, this hotel sold to MH Hospitality for $13,950,000, totaling $142,346 per key room.
Source: New feed
Papa John's Announces Major Refranchising Agreement With Sun Holdings
Sun Holdings to assume ownership and operation of Papa Johns share in 90-restaurant joint venture with Blue and Silver Ventures, Ltd.
Source: New feed
Selina Adds 11 New Hotels in Q1 2022
Selina announced today the signing of six new locations in Morocco, Portugal, the United Kingdom and Israel as well as the opening of five new destinations in Israel, Australia and Brazil during the first quarter of 2022.
Source: New feed
Hyatt Introduces Work From Hyatt: Offsite–Signature Team Building Experiences Package in the Age of Remote Work
CHICAGO (March 31, 2022) – Hyatt Hotels Corporation (NYSE: H) is proud to announce Work from Hyatt: Offsite, a corporate retreat concept created in response to the evolution of remote work and…
Source: New feed
Xenia Hotels & Resorts Completes Acquisition of W Nashville for $328.7 Million
The newly developed 346-key luxury lifestyle hotel was acquired for $328.7 million, or $950,000 per key, with available cash.
Source: New feed
California Pizza Kitchen Signs Two New International Development Agreements
California Pizza Kitchen announced the signing of two new international franchise agreements and plans to open seven international restaurants and two airport locations by year-end.
Source: New feed
Smoothie King Reports Signing of 51 New Store Commitments in Q1 2022
Smoothie King today announced strong franchise growth in the first quarter of 2022, signing development agreements to open 51 new stores in key growth markets such as the Carolinas, Florida, New York, Ohio, Texas, and Wisconsin, among others.
Source: New feed
FCPT Announces Acquisition of a Red Lobster Restaurant Property for $2.4 Million
The property is located in a strong retail corridor in Arizona and is occupied under a triple net lease to the corporate entity with approximately eight years of term remaining.
Source: New feed
Huff, Niehaus Closes Sale of Hotel and Vacant Land
Huff, Niehaus & Associates, Inc. is pleased to announce the successful sale of the Quality Inn and adjacent four acres of commercial use land located in Carrollton, Kentucky. Brandt Niehaus, President of Huff, Niehaus & Associates, Inc., and member of Hotel Brokers International worked closely with the Seller and Buyer in this transaction.
Source: New feed