H.I.G. Capital, LLC announced today that an affiliate has acquired a 238-room hotel property previously housing the Swissôtel Basel. The property will undergo a major renovation program and a rebranding.
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Designed by international, award-winning Hachem Architecture, the 110-room hotel is expected to open in 2024 and will be one of the region’s premier business, leisure and MICE destinations, with 400sqm of flexible meeting space including a large ballroom with stunning rural views, as well as a 90-seat restaurant and bar, a day spa, gymnasium and outdoor pool.
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The new build hotel will extend over six storeys and will include 176 rooms, a spacious lobby, a restaurant, a bar and various conference facilities.
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CHICAGO (August 3, 2021) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second-quarter 2021 financial results. Net loss attributable to Hyatt was $9 million, or…

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Odd Burger Corporation (TSXV: ODD announced today its newest location in London, Ontario is largely complete and is scheduled to open mid-August. Odd Burger South London (645 Commissioners Road East) brings the chain's total to four locations, with two additional restaurants set to open soon.
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Hyatt today announced that a Hyatt affiliate has entered into a management agreement with an affiliate of Millat Properties for Hyatt House Johannesburg Sandton. The planned opening of the property will mark the introduction of Hyatt’s select service and extended stay brand, Hyatt House, to the continent and the third Hyatt-branded hotel in South Africa.
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Raffles is on track to more than double its portfolio. Later this year, Raffles will open a second hotel in Dubai (The Palm), along with Bahrain, Udaipur and Macau. Next year and beyond, the brand will debut flagship locations in London (2022), Boston (2022), Doha (2022), Jeddah (2022) and Moscow (2023), among others.
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The properties are located in highly trafficked corridors in Texas and are both corporate-operated under triple net leases with twenty years of term remaining
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Owners of Quiznos and Taco Del Mar Will Leverage Extensive Restaurant and Consumer Expertise to Propel Further International and Domestic Growth of One of the World’s Largest Quick Service Chicken Restaurant Chains
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H.I.G. Capital, LLC announced an affiliate has entered into a definitive agreement to acquire Quick Restaurants S.A. from Burger King France.
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