Half of Subway, reportedly for sale, will soon be owned by a charity thanks to a gift from the chain's late cofounder Peter Buck.
Source: New feed
Author: hotelprojectdata
Orangewood Partners Sells Kentucky-Based Taco Bell Franchisee
Orangewood Partners, a long-term focused private investment firm, today announced the successful exit of its Kentucky-based taco bell franchisee, ABTB. Financial terms of the transaction were not disclosed.
Source: New feed
701 Room Hotel Berlin, Berlin to Join Radisson Individuals Brand
The hotel is centrally located on Lützowplatz in Berlin-Mitte, near the famous KaDeWe department store, the Ku'damm shopping street, and the Spree riverbank.
Source: New feed
Japan's Kaintenzushi Restaurant Chains Eye Overseas Expansion to Offset Falling Demand in Home Market
Sushi chains in Japan were impacted by slowing domestic growth, fueled by rising prices and weak consumer spending. As they mainly rely on imported seafood, a weakening Japanese Yen and increased ingredient costs significantly impacted their business.
Source: New feed
KSL Capital Partners Acquires Martin Resorts Portfolio of Five Hotels in Avila Beach, Pismo Beach and Paso Robles, CA
The collection includes Avila Lighthouse Suites in Avila Beach; Pismo Lighthouse Suites and Shore Cliff Hotel in Pismo Beach; and Paso Robles Inn and The Piccolo in Paso Robles.
Source: New feed
Dine Brands International Continues Expansion with Dual-Brand Locations in the Middle East
New dual-brand location currently open in the United Arab Emirates, with plans to open 4 new locations in the Middle East in 2023
Source: New feed
Mandarin Oriental Punta Negra Mallorca Resort Announced for 2024
The new luxury resort is being developed by Spanish based Blasson Property Investments and comprises a significant reconstruction and redesign of the former H10 Punta Negra hotel which occupies an iconic peninsula on the Costa d'en Blanes in the southwest of the island.
Source: New feed
Fairfield by Marriott to Open Seven Hotels in Japan During 2023
The new hotels will be located along national roadside rest areas in the prefectures of Hyogo, Kagoshima, Okayama, Saga, Kumamoto, and Fukuoka in the southern region of Japan.
Source: New feed
Fundamental Hospitality Announces Global and Regional Expansion of Its UAE-born Dining and Lifestyle Concepts
With a substantial pipeline, the group will own and operate over 100 venues across MENA, Europe, UK and US over a 5-year period.
Source: New feed
Hyatt Named to Institutional Investor 2023 All-America Executive Team
CHICAGO (Jan 31, 2023) Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it has been named to the 2023 Institutional Investor All-America Executive Team,…
Source: New feed