The property is located in Maine and is occupied under a triple-net lease with the corporate operator.
Source: New feed
FCPT Announces Acquisition of a Texas Roadhouse Property for $1.8 Million
July 6, 2020
Author: hotelprojectdata
The Siegel Group Acquires Two Former Budgetel Extended Stay Hotels in Birmingham, Alabama
July 2, 2020
The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired two former Budgetel extended stay hotels in Birmingham, Alabama. These acquisitions increase the number of Siegel Suites and Siegel Select properties throughout the United States to 58.
Source: New feed
Accor's TRIBE Brand Reports 50 Hotels in It's Pipeline
July 1, 2020
TRIBE will arrive in Paris this fall, followed by Amsterdam, Warsaw and other launches planned for key gateway cities such as London, Berlin, Brussels, Lisbon, and Vienna in Europe to start.
Source: New feed
FCPT Announces Acquisition of Two Properties from PREIT for $7.6 Million
July 1, 2020
The properties are an IHOP and a multi-tenant BJ’s Restaurant, Sleep Number, and Verizon.
Source: New feed
Capriotti's Sandwich Shop Reports Strong Second Quarter Growth Amid Pandemic
July 1, 2020
Navigates COVID-19 With Strategic Growth Through Franchising, Menu and Operational Innovation and Community Involvement
Source: New feed
DiamondRock Hospitality Company Completes Refinancing of Salt Lake City Marriott Downtown
July 1, 2020
DiamondRock Hospitality Company (NYSE: DRH) announced yesterday that it has refinanced its only material near-term debt obligation by closing on a $48 million mortgage loan secured by the Salt Lake City Marriott Downtown.
Source: New feed
Shake Shack Expands in South China, Starting with 2021 Shenzhen Opening
June 30, 2020
Shake Shack Inc. (NYSE: SHAK) and licensee Maxim’s Caterers Limited announced an expanded partnership, with plans to open a minimum of 15 Shacks in South China by 2030, including locations in Shenzhen, Guangzhou, Fuzhou and Xiamen.
Source: New feed
Hyatt Centric Brand Expands to Minnesota With The Opening of Hyatt Centric Downtown Minneapolis
June 30, 2020
CHICAGO (June 30, 2020) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Centric Downtown Minneapolis. Once known as the Minneapolis Athletic Club, the 154-room upscale…
Source: New feed
Eldorado Resorts Announces FTC Clearance for Pending Merger With Caesars
June 29, 2020
The consummation of the Merger remains subject to the satisfaction of other closing conditions, including receipt of all consents and approvals from the Nevada Gaming Control Board, Nevada Gaming Commission, New Jersey Casino Control Commission, Indiana Gaming Commission and Indiana Horse Racing Commission.
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Tsogo Sun Takes over 3 Hotels As Marriott Withdraws Due to Lockdown – News24
June 24, 2020
Tsogo Sun Hotels announced on Tuesday that they would be taking over three hotels from which hotel group Marriott International decided to withdraw.
Source: New feed