The first stores will open in Dallas, Houston, San Antonio and Austin. The new stores will mark the debut of Fatburgers in Texas and add to more than 200 Fatburger locations worldwide.
Source: New feed
Author: hotelprojectdata
RLH CorporationContract Signing Pace Year to Date 60% Ahead of Comparable 2018 Period
RLH Corporation (NYSE:RLH) announced today the Company executed 40 hotel franchise agreements during the second quarter, an increase of approximately 38% versus the number of contracts signed during the second quarter of 2018.
Source: New feed
FCPT Announces Acquisition of Texas Roadhouse Restaurant Property for $1.4 Million
The property is located in Wisconsin and is occupied under a triple-net lease with approximately 8 years of term remaining. The transaction was priced at a 6.7% going-in cash cap rate, exclusive of transaction costs.
Source: New feed
HMSHost Inks Exclusive Deal with Panera Bread to Bring Bakery-Cafes to U.S. Travelers
As part of the agreement, HMSHost will debut two new Panera airport locations, first at Charlotte Douglas International Airport's Concourse E, and soon to follow at Salt Lake City International Airport's Concourse A in 2020. Additional airport and travel plaza locations are slated to open throughout 2020 and beyond.
Source: New feed
Chesapeake Lodging Trust Announces Agreement to Sell New York Hotels for $138.0 Million
Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into an agreement to sell the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key.
Source: New feed
IHG Signs New Crowne Plaza for Ankara, Turkey
The hotel is planned to open in 2022 and is signed under a franchise agreement with first-time IHG partner Angora Birikim A.S.
Source: New feed
Crowne Plaza Hotels & Resorts Announces the Openings of Six Flagship Hotels in the Us, Europe and China by Early 2020
The new Crowne Plaza flagship of the Americas, Crowne Plaza Atlanta Perimeter at Ravinia reopened in April 2019 following a total transformation, while milestone openings and renovations in Paris, Hamburg, and London will usher in a new era for Crowne Plaza in Europe. Two additional flagship properties are scheduled to open in China by late 2019: Crowne Plaza Shenzhen Nanshan and Crowne Plaza Wuzhen.
Source: New feed
FCPT Announces Second Outparcel Portfolio With Washington Prime Group
Four Corners Property Trust (NYSE:FCPT announced that it has signed a definitive agreement for the purchase of 20 additional outparcel properties from Washington Prime Group (NYSE: WPG), for a purchase price of approximately $37.8 million.
Source: New feed
Treasure Island – TI Hotel & Casino in Las Vegas Joins Radisson
Radisson today announced the signing of Treasure Island – TI Hotel & Casino in Las Vegas to its portfolio of hotels. The resort will officially join the Radisson system later this year as Treasure Island – TI Hotel & Casino, a Radisson Hotel.
Source: New feed
Graduate Hotels Announces International Expansion in UK
Chicago-Based Real Estate Investment Firm Acquires Doubletree by Hilton Cambridge City Centre With Plans to Debut Graduate Cambridge as First International Graduate Hotels Property
Source: New feed