Queensland Group Acquires Leading 4-star Coral Cay Mackay Hotel

The freehold going concern interest in one of Mackay’s leading accommodation offerings, Coral Cay Mackay, has been sold to a private Queensland-based hotel group. The hotel was purchased from Pacific Hotels, a Perth-based hotel owner operator.
Source: New feed

Chicken Salad Chick Acquires Piece of Cake Bakery

Atlanta-based Chicken Salad Chick announced today its acquisition of iconic local bakery Piece of Cake. In a move to better serve guests across its 245 locations in 18 states, the acquisition kickstarts the fast-casual chicken salad chain's strategy to expand and enhance its dessert menu.
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Future Hotel and Residences Break Ground Along Tampa's Famed Riverwalk

Today, Pendry Hotels & Resorts and Two Roads Development celebrated the groundbreaking of Pendry Tampa and Pendry Residences Tampa, a tremendous milestone for the hotel, featuring 220 guestrooms and a 39-story tower featuring 207 Pendry Residences along Tampa's famed Riverwalk.
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IHG Adds 350-keys to Its Punjab Portfolio with a Dual Hotel Signing

IHG Hotels & Resorts has signed a management agreement with NK Sharma Hospitality Pvt Ltd to develop two new hotels in the Chandigarh tri-city area – Crowne Plaza Chandigarh Zirakpur in the premium segment and Holiday Inn & Suites Chandigarh Zirakpur from the essentials collection. Currently under construction, both hotels are scheduled to open in January 2027.
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HYATT REPORTS THIRD QUARTER 2023 RESULTS

CHICAGO (November 2, 2023) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported third quarter 2023 financial results. Highlights include: Net Income was $68 million in…

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