Triton Pacific, a Los Angeles-based private equity firm, announced today that one of its affiliated companies has completed the acquisition of 117 Pizza Hut restaurants along with select strategic real estate assets for an aggregate acquisition cost of approximately $80 million.
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Author: hotelprojectdata
IHG to Open InterContinental and Holiday Inn Hotels at Shanghai Pudong International Airport
IHG (InterContinental Hotels Group) announced on Monday that it will bring two hotels to Shanghai Pudong International Airport’s latest Terminal Complex. This means one of the world’s busiest airports will expect its first international branded hotels for the first time.
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Choice Hotels Announces Six New Properties Across Australia and New Zealand
Choice Hotels Asia-Pac welcomes six new hotels to its extensive portfolio of properties in Australia and New Zealand, increasing its footprint across New South Wales, Victoria, South Australia as well as the South Island of New Zealand.
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Arlington City Council Approves $810 Million Transformative Development Project, Anchored By The 888-Room Loews Arlington Hotel And New Arlington Convention Center
Next Phase of Arlington's Entertainment District Will Include an Additional 888 Hotel Rooms, New Convention Center, Corporate Office Headquarters, Mixed-Use Residential Building, Small Business Coworking and Incubator Space, and Additional Dining, Retail and Entertainment Options
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NP International Launches New Hotel Brand – THēsis Hotels
THēsis Hotel Miami, part of the Paseo de la Riviera mixed use development, will feature 245 guest rooms, two chef-driven restaurants, contemporary co-working spaces, and a wide range of community-inspired events and experiences.
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Pacific Gateway Hotel, Vancouver Airport Sold
PHI Hotel Group yesterday announced the acquisition of the 7-acre Pacific Gateway Hotel, Vancouver Airport.
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Wyndham Hotels & Resorts to Debut New Dolce Hotel and Winery in Texas Hill Country
Wyndham Hotels & Resorts (NYSE: WH) yesterday announced the signing of a new-construction Dolce Hotels and Resorts by Wyndham hotel in Fredericksburg, Texas.
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Del Taco Restaurants, Inc. Completes Refranchising of San Diego, California Market
Del Taco Restaurants, Inc. todyesterdayay announced the refranchising of all ten company-operated restaurants in the San Diego, CA market to incoming franchisee SoCal Food Group which is led by Omar Boukai, and supported by the Boukai family who has extensive food service and real estate experience.
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Hyatt Announces Plans for First Property in Finland With Grand Hansa Hotel
Grand Hansa Hotel in Helsinki will mark the introduction of The Unbound Collection by Hyatt brand in the Nordics and the second Hyatt property in the region
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A New-Build Holiday Inn to Open in the Inner-Melbourne Suburb of Richmond In 2023
The 160-room hotel will be part of a mixed-use development and will feature IHG’s signature Open Lobby, combining the front desk, lobby, all day dining and bar, lounge area and business centre into an open space with fresh, modern design.
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