Hooters of America, LLC announced yesterday that Nord Bay Capital and its advisor TriArtisan Capital Advisors LLC have closed on a transaction to acquire HOA from H.I.G. Capital, Chanticleer Holdings (NASDAQ: BURG) and other investors. Financial terms of the deal were not disclosed. As part of the transaction, the selling entities will each retain a stake in the Company.
Source: New feed
Author: hotelprojectdata
Hyatt Place Tokyo Bay Marks The First Hyatt Place Hotel To Open In Japan
CHICAGO (July 1, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Place Tokyo Bay, marking the debut of the Hyatt Place brand in Japan. Hyatt Place Tokyo Bay…
Source: New feed
Ginger Signs A New Hotel In Amravati, Andhra Pradesh
This will be the third Ginger in the state of Andhra Pradesh
Source: New feed
SAHARA Brand Returns to Las Vegas Strip
Thursday, June 27 marked the dawn of a new era in the evolution of Las Vegas as businessman Alex Meruelo unveiled the return of SAHARA to the world-famous Las Vegas Strip.
Source: New feed
RLJ Lodging Trust Sells Two Hotels in Myrtle Beach for $156 Million
Sold at 12.9x Trailing Twelve Months Hotel EBITDA
Source: New feed
FCPT Closes Three Additional Restaurant Properties of Washington Prime Transaction for $3.0 Million
The three properties include a corporate-leased Chick-Fil-A, a corporate-leased Red Lobster and a franchisee-leased Hardee’s restaurant located in Iowa. All are occupied under triple-net ground leases with an average remaining term of approximately 5 years.
Source: New feed
The Lost Stone Villas & Spa Joins The Unbound Collection by Hyatt
The 50-villa resort marks the second property under The Unbound Collection by Hyatt in China
Source: New feed
Hotel Indigo Cyprus – Larnaca to Open Late 2019
The Hotel Indigo Cyprus Larnaca will be located in one of the best historic areas of Larnaca close to the city centre and airport, which is the largest in Cyprus.
Source: New feed
The Lost Stone Villas & Spa Join The Unbound Collection by Hyatt
CHICAGO (JULY 1, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that The Lost Stone Villas & Spa officially joined the Unbound Collection by Hyatt in Tengchong, Yunnan Province of…
Source: New feed
Milmark Hotel/Motel Investments, LLC Brokers Four Wisconsin Hotel Sales
Milmark Hotel/Motel Investments announced the successful sales of four Wisconsin lodging properties – Motel 6 – Prairie du Chien; Nordic Lodge – Sister Bay; Avalon Hotel & Conference Center – Chippewa Falls; Econo Lodge – Stevens Point
Source: New feed