Openings planned from Tokyo to Mexico City and Reykjavik to Melbourne
Source: New feed

Accor and Huazhu will continue to develop their partnership and growth dynamic initiated 4 years ago, which has enabled the openings of 200 economy and midscale hotels in China, mainly under the ibis, Novotel and Mercure brands. An additional 250 properties in the pipeline are scheduled to open over the next 3 years.
Source: New feed

Redberry Restaurants announces an Area Development partnership with Burger King Corporation to develop 103 new BURGER KING restaurants in Ontario and Manitoba within the next 5 years.
Source: New feed

Azerai Ke Ga Bay, a luxurious and secluded oceanfront retreat in southeastern Vietnam, is set to launch in early 2020 as the third property in Azerai Resorts' growing portfolio.
Source: New feed

Bombardier has announced that Mississauga will be home to a new global manufacturing centre for its Global business jets. The 41.2 acre facility will be located on Toronto Pearson Lands.
Source: New feed

Four Seasons Hotels and Resorts together with developers Carpenter & Company Inc. and Woodward Interests, LLC will open a luxury hotel and Private Residences in downtown New Orleans in late 2020. The property is owned by Two Canal Owner LLC, in which both developers are partners.
Source: New feed

The sales price, inclusive of buyer's estimated anticipated capex of $2.5 million, represents a trailing twelve-month cap rate of 5.9% on net operating income and a 14.3x Hotel EBITDA multiple as of October 31, 2019.
Source: New feed

Named Citizens, C3's new concept will bring together a curated collection of established and new proprietary culinary brands at two full-service restaurants, multiple bars and a fast-casual market hall. The 40,000-square-foot venue, located in Five Manhattan West, will be designed by award-winning interior designer David Rockwell.
Source: New feed

The New Haven Hotel features 135 guestrooms and suites, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as a 24/7 grab-and-go market.
Source: New feed

Gencom today announced the acquisition of Hacienda AltaGracia, Auberge Resorts Collection, a high-end resort in the mountains of Pérez Zeledón in the southern region of Costa Rica. The resort was originally conceived and developed as a family retreat and coffee farm in a storied agricultural town and has consistently ranked among the top resorts in Central America since aligning with Auberge Resorts Collection in 2015.
Source: New feed