Expected to open in January 2020, the 128-room extended stay hotel will operate under a management agreement with major developer, Bin Faqeeh Real Estate Investment Company S.P.C.
Source: New feed
Clean Juice continues to experience high growth after opening 5 new stores, adding 3 new locations, being recognized by several industry publications and associations, and increasing same store sales 2.1% in 2019 fiscal year first quarter financial results.
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The properties are located in Alabama and Virginia, respectively, and are occupied under triple net leases with 8 years of weighted average term remaining. The transaction was priced at a 6.9% going-in cash cap rate, exclusive of transaction costs.
Source: New feed
CHICAGO (April 22, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the official opening of Hyatt Place Dubai/Wasl District, marking the third property under Hyatt’s select service…
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CHICAGO (April 20, 2019) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Beijing Shiyuan, located in the vibrant Yanqing District of China’s capital city….
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Once erected over a 90-day period, the 360-foot-tall tower will represent a milestone for Marriott's ongoing initiative to encourage hotel developers in North America to embrace modular for new construction projects.
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Arbor Lodging Partners Expands in Five Markets, Increasing Its Portfolio to 25 Hotels Nationwide
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New Mexico Casino Set to Open Hollywood's Favorite Burger Brand
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Company to open Kitchen Centers in San Francisco and Los Angeles, with second location coming to Chicago
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New Agreement Keeps Hard Rock Cafe's Flagship Location at Universal CityWalk Through 2039
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