Acco announces the signing of a cooperation agreement with the Georgian development company Mardi Holding to open the first hotel under the Novotel Living brand on the Black Sea coast in Batumi, Georgia.
Source: New feed
Month: June 2023
San Manuel Band of Mission Indians Acquires 40% Ownership Interest in Waldorf Astoria Monarch Beach Resort in in Dana Point, California
SMIA's investment in Waldorf Astoria Monarch Beach consists of an approximately 40% interest in the property with the option to increase its ownership through one or more future transactions.
Source: New feed
Kimpton Hotel Vintage Seattle Sold for $33.7 Million
Included in the acquisition of Kimpton Hotel Vintage Seattle is the Hotel Vintage brand. The Vintage brand was the first brand launched by Bill Kimpton in 1983 with the creation of Hotel Vintage Court in San Francisco. It later included Hotel Vintage Seattle and Vintage Plaza in Portland (currently known as Hotel Vintage), which was the first Kimpton hotel outside of California.
Source: New feed
Hyatt Announces Plans for First Hyatt Vivid Property to open in 2024
CHICAGO (June 6, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Grupo Murano for Hyatt Vivid Grand Island, an…
Source: New feed
Plant-Based Restaurant Group PLANTA Announces West Coast Expansion With New Locations in Los Angeles
The Plant-Based Hospitality Collective Opens The First of Three New Restaurants in Los Angeles, Beginning With PLANTA Cocina In Marina Del Rey
Source: New feed
Hyatt Announces Plans for First Caption by Hyatt Hotel in Australia
CHICAGO (June 6, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into management and related agreements with LFG Property Pty Ltd for a Caption by…
Source: New feed
Park Hotels & Resorts No Longer Makes Payments on Two of Its San Francisco Hotels
Park Hotels & Resorts Inc. (NYSE:PK) today announced that, starting in June, it ceased making payments toward the $725 million non – recourse CMBS loan which is scheduled to mature in November 2023, and is secured by two of its San Francisco hotels – the 1,921 – room Hilton San Francisco Union Square and the 1,024 – room Parc 55 San Francisco.
Source: New feed
Red Robin Gourmet Burgers, Inc. Completes Sale-Leaseback Transaction With Essential Properties Realty Trust, Inc.
Gross Proceeds of Approximately $29 Million for Nine Owned Properties – Company Marketing Additional Properties for Sale-Leaseback Transactions
Source: New feed
Papa Johns International Acquires Drake Food Service International's Restaurants in the United Kingdom
Papa John’s International establishes Company restaurant footprint as part of ongoing plan to transform and optimize the U.K. market for the brand
Source: New feed
Presidents' Quarters Inn in Savannah, GA Sold
Procaccianti Companies Expands Upscale Boutique Hotel Collection with Acquisition of the Presidents' Quarters and Development of the Sabal House Savannah
Source: New feed