Hyatt Announces Plans for Hyatt Centric Kota Kinabalu in Malaysia

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with a wholly owned subsidiary of Hap Seng Consolidated Berhad group to develop a Hyatt Centric hotel in Kota Kinabalu, Sabah. Expected to open in 2021, Hyatt Centric Kota Kinabalu will be the first Hyatt Centric hotel in Malaysia.
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Park Hotels & Resorts Acquires Chesapeake Lodging Trust for $2.7 Billion

Park Hotels & Resorts Inc. (NYSE: PK) and Chesapeake Lodging Trust (NYSE: CHSP) today announced that they have entered into a definitive merger agreement under which Park will acquire all the outstanding shares of Chesapeake in a cash and stock transaction valued at approximately $2.7 billion (inclusive of transaction costs).
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JA Resorts & Hotels Growth and Expansion Plans

JA Resorts & Hotels, one of Dubai's longest-serving homegrown hospitality brands, has recently announced growth and expansion plans; from a growth trajectory to Tanzania and beyond, a 30+ hotel expansion into China aimed at Millennials, and 10 new Food & Beverage concepts set to open in 2019.
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Hyatt Place Tongxiang Train Station Celebrates Opening

CHICAGO (May 6, 2019) – Hyatt Place Tongxiang Train Station, the first Hyatt Place hotel in Zhejiang province, officially opens in Tongxiang of Jiaxing city today. The new hotel features the…

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Hyatt Announces Plans for Hyatt Centric Kota Kinabalu

CHICAGO (May 5, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with a wholly owned subsidiary of Hap Seng Consolidated…

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Pie Five Signs First Franchise Agreement In Oregon

Pie Five Pizza today announced that the fast-casual pizza chain has signed a two store deal in Corvallis, Oregon. This will be the first Pie Five location to open in the Beaver State.
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