Choice Hotels International, Inc. (NYSE: CHH) has awarded franchise agreements to Gulf Coast Hotel Management, Inc. to convert 15 MainStay Suites hotels in major markets across the U.S., the largest multi-unit transaction in the brand's history.
Source: New feed
Author: hotelprojectdata
Blue Moon Fish Co. Sold To Ark Restaurants
Prakas & Co. today announced the sale of Fort Lauderdale's award-winning Blue Moon Fish Co. to Ark Restaurants – operator of some of the world's finest dining establishments located in New York City, Las Vegas, Washington, D.C., Atlantic City, and Florida.
Source: New feed
Peachtree Hotel Management Forms Strategic Partnership with Zenique Hotels
Under the terms of the agreement, Peachtree Hospitality Management (PHM), PHG’s operational division, will manage Zenique’s current portfolio of four hotels. The strategic partnership also makes PHM the operator of all Zenique’s future hotels as it continues to grow nationwide.
Source: New feed
Hotel Okura Vladivostok to Open in the Second Half of 2021
Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., has announced it will open the Hotel Okura Vladivostok, the first Japanese-run hotel in the Russian Pacific port city, in the second half of 2021.
Source: New feed
Red Lion to Merge with Sonesta International Hotels
RLH Corporation Announces Agreement to be Acquired by Sonesta International Hotels for $3.50 Per Share in Cash; Transaction Valued at Approximately $90 Million
Source: New feed
FCPT Announces Acquisition of a Six Property Portfolio for $12.0 Million
Four Corners Property Trust (NYSE:FCPT) announced the acquisition of a six property portfolio for $12.0 million. The properties include 7-Eleven, Advance Auto Parts, Starbucks, and Verizon (3) branded properties.
Source: New feed
Service Properties Trust Completes the Sale of Ten Hotels for $41.0 Million
Enters Short-Term Lease for Five Additional Hotels Until Expected Sale in Mid-2021 for $22.3 Million
Source: New feed
Capriotti's Sandwich Shop Strikes Development Deal to Bring 12 Shops to Southeast Florida
Lands Deal with Experienced Hotel Developers to Open Several Restaurants Over Next 10 Years; Plans for Continued Rapid Growth Throughout South Florida
Source: New feed
Hyatt Celebrates the Opening of the First Five UrCove Hotels in China
CHICAGO (December 29, 2020) – Hyatt today announced that UrCove, the new hospitality brand developed under a joint venture between Hyatt and BTG Homeinns Hotel Group affiliates, opened its first…
Source: New feed
FCPT Announces Acquisition of a Panera Bread Property for $2.1 Million
The property is located in a highly trafficked retail corridor in Georgia and is corporate-operated under a triple net lease with approximately eight years of term remaining.
Source: New feed