Units Can be Seasonally Relocated
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The InterContinental Lyon – Hotel Dieu will open this summer, following an extensive four-year restoration to one of the city’s most iconic buildings
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Studio Movie Grill today announced that it has received a strategic growth investment of $100 million from TowerBrook Capital Partners L.P., an international investment management firm. The partnership will help drive SMG's next stage of accelerated growth, as the Company continues to open in-theater dining locations across the United States.
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In 2019, the company expects to add close to 100 new hotels or close to 20,000 rooms in the region, with several brand debuts in Australia, Hong Kong, The Philippines, Nepal and India.
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This expansion into Ubud marks the second W Hotel in Indonesia, following the opening of W Bali – Seminyak in 2010.
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Four Corners Property Trust (NYSE:FCPT) closed on the purchase of an additional Burger King property today from Washington Prime Group Inc. for $2.0 million. The property is located in Maryland and is occupied under a triple-net lease with approximately 16 years of term remaining and 10% rent escalations every 5 years.
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Despite Recent Corporate Road Shows, Franchisees Say Situation Has Taken a Turn For the Worse With Corporate Retaliating Against Franchisees, Breaking Agreements Already in Place
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Located immediately adjacent to the existing Marina Bay Sands Integrated Resort (IR), the key elements of the development will be a state-of-the-art 15,000-seat arena, a luxury hotel tower and additional MICE (Meeting, Incentive, Convention, and Exhibition) space.
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IHG has 35 years of experience in Greater China, having opened its first Holiday Inn hotel in Beijing in 1984. Since then it has continued to grow, surpassing 100 open hotels in 2008 and double that number by 2013, with its 300th hotel following just four years later. IHG's next 100 properties have opened in less than two years.
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Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Towa Real Estate Co. Ltd., an affiliate of TOYOTA Group, to develop a 120-key hotel at the Fuji Speedway, Japan’s historic racing circuit. Slated to open in 2022, the project will be the first in Japan under The Unbound Collection by Hyatt brand.
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