The hotel is situated along the famed Silverado Trail, a 29-mile stretch dotted with world-renowned and intimate family-owned wineries along the eastern edge of Napa Valley.
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Jack in the Box Inc. (NASDAQ: JACK) today announced that it has entered into a definitive agreement to sell Qdoba Restaurant Corporation, a wholly owned subsidiary of the Company which operates and franchises more than 700 QDOBA MEXICAN EATS restaurants, to certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO).
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The property will be located within one of the Maldives’ largest lagoons, Emboodhoo Falhu, a 20-minute speedboat ride from the airport.
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Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced it has agreed to begin operating one of the Bali, Indonesia hotel properties of P.T. KARYA TEHNIK HOTELINDO from January 1, 2018. The hotel will be rebranded as Hotel Nikko Bali in April 2018.
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Choice Hotels International (NYSE: CHH) today announced that it has reached a definitive agreement to acquire the brand and franchise business of WoodSpring SuitesSM from WoodSpring Hotels Holdings LLC, a portfolio company of Lindsay Goldberg, for approximately $231 million, subject to customary adjustments.
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Restaurant and Franchising Investor Adds Growing QSR Franchisor to Portfolio
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Signs Franchise Agreement to Bring Additional Locations to the Philadelphia Metropolitan Area
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Officials of The Dow Hotel Company (DHC) today announced the joint venture acquisition with an institutional investor of the 354-room Holiday Inn San Jose – Silicon Valley in California for an undisclosed amount.
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Located near Manila’s Ninoy Aquino International Airport (NAIA), the 191-room Hotel Okura Manila will be situated within Resorts World Manila, an integrated resort owned by TIHGI.
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RLJ Lodging Trust (NYSE: RLJ) last week announced that the Company has sold the 383-room Fairmont Copley Plaza in Boston, MA for $170.0 million or approximately $444,000 per key.
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