H.I.G. Capital, LLC announced an affiliate has entered into a definitive agreement to acquire Quick Restaurants S.A. from Burger King France.
Source: New feed
Author: hotelprojectdata
Blaze Pizza Announces New Franchise Agreements in Southern California and Alaska
Blaze is expanding its strong presence in Southern California with two restaurants under development and slated to open in Indio and Colton, new markets for the brand in its home state. Additionally, the brand has also signed an agreement to open its first locations in Alaska, with four restaurants in the pipeline to be developed across the state, with an initial focus on Fairbanks.
Source: New feed
FCPT Announces Sale Leaseback of Eight Sonic Drive-In Properties for $10.6 Million
The properties are located in Kentucky and are occupied under a triple net master lease to Soar QSR, a Sonic franchisee and subsidiary of CMG Companies, one of the largest multi-unit franchise operators in the United States, with 20 years of term and 1.5% annual rent increases.
Source: New feed
Rotana Expands Egypt Footprint with New Agreements
Rotana has signed new management agreements with Al Marasem Development and Marina Way Lagoon. The agreement includes the management of two new properties – Lake Residence, serviced apartments in New Cairo which will also mark Rotana’s debut in the capital city and Marina Bay, Hotel Apartments in Alamein, North Coast.
Source: New feed
Hilton Grand Vacations Completes Acquisition of Diamond Resorts Creating $1.4 Billion Timeshare Operator
Apollo’s David Sambur and Alex van Hoek join HGV Board
Source: New feed
110 Key Courtyard by Marriott in Laredo, Texas Sold
The select-service hotel property, built in 1995, was purchased by Landstar Hotels, based in Ciudad Juárez, Mexico, from Kiertan Laredo LLC, based in Houston, Texas.
Source: New feed
Hyatt Announces Plans for the Debut of the Hyatt House Brand in Johannesburg
LONDON (2 August 2021) – 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…
Source: New feed
Thompson Savannah Makes Debut, Bringing a Contemporary Lifestyle Hotel to Eastern Wharf
CHICAGO – (August 2, 2021) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Thompson Savannah, the brand’s first property in Georgia. Set along the banks of the Savannah…
Source: New feed
Hyatt Place Ekaterinburg Celebrates Official Opening of the First Hyatt Place Branded Hotel in Russia
CHICAGO (July 30, 2021) – Hyatt Place Ekaterinburg, the second Hyatt branded property in Ekaterinburg is officially open, expanding the Hyatt Place brand’s footprint globally in markets that…
Source: New feed
Are We Approaching the Death of the Hotel Lobby? – Architectural Digest
With more hotels being forced to make hotel check-in contactless, the hotel lobby is due for some big changes
Source: New feed