The Olive Garden property is occupied under a 10-year triple-net ground lease with Darden, the brand’s corporate operator.
Source: New feed
Author: hotelprojectdata
California Pizza Kitchen Files for Voluntary Chapter 11 Restructuring
Will Continue to Operate in the Ordinary Course throughout Restructuring Process
Source: New feed
Ascott's Coliving Brand Lyf Announces Six New Properties Signed in Australia, China and The Philippines
First lyf property in Thailand, lyf Sukhumvit 8 Bangkok, is set to open on 31 July 2020 in one of the city’s trendiest shopping and entertainment hotspots
Source: New feed
Union Station Hotel Nashville, Autograph Collection Sold for $56.0 Million
Pebblebrook Hotel Trust (NYSE: PEB) today announced that it closed on the sale of the 125-room Union Station Hotel Nashville, Autograph Collection in Nashville, TN for $56.0 million to a third party on July 29, 2020.
Source: New feed
Capriotti's Sandwich Shop Signs Agreements to Open 46 New Locations Across the United States
Kicking off the first half of 2020 on a high note, the brand signed 12 multi-unit franchise agreements to bring a total of 46 new restaurants across the United States in the coming years.
Source: New feed
Yum China Reaches Milestone of 10,000 Stores
It celebrated at the 10,000th store opening this month in Bo'ao, Hainan province. This represents a significant milestone for Yum China which, having first entered China in 1987, has since grown to become the largest restaurant company in the country in terms of system sales.
Source: New feed
$375 Million Redevelopment Project, Anchored by JW Marriott Savannah Opens in Georgia
The Kessler Collection's Plant Riverside District – the largest redevelopment in the history of Savannah's National Historic Landmark District has officially opened as 'Savannah's Entertainment District,' a $375 million project expanding the city's iconic riverfront to a 4.5-acre waterfront hospitality and entertainment destination, anchored by the 419-room JW Marriott Savannah hotel.
Source: New feed
Hyatt Announces Plans for the Former Byblos Hotel on Spain’s Costa Del Sol to Join The Unbound Collection by Hyatt
CHICAGO (July 30, 2020) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with a wholly owned subsidiary of Intriva Capital…
Source: New feed
Q2 2020 Innvestment Canada Hotel Report (PDF Download)
The second quarter was perhaps the toughest on record for hotel owners and operators; however, emerging indicators and continued re-openings across the country mark a shift from survival to recovery mode.
Source: New feed
Sortis Holdings Acquires Sustainable Restaurant Group, Owner of Bamboo Sushi
$50 Million Sortis Rescue Fund brings Sustainable Restaurant Group to the firm, its third investment since the global pandemic hit the U.S. in March
Source: New feed