Marriott International Reports Third Quarter 2017 Results Highlights
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The Seattle location is part of Starbucks investment in expanding Princi™ globally through its Starbucks Reserve® retail formats as well as standalone Princi boutique stores in 2018
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The Dallas-based fast casual pizza concept will soon land in Cornhusker territory with up to four new locations. The new franchise deal also includes locations in Kansas.
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Stonehill yesterday announced that it has closed 15 transactions totaling over $250 million through Q3 2017 and expects to close on an additional $100 million by year’s end. The transactions include ten bridge loans, two permanents loans, two preferred equity investments and one mezzanine loan.
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Scheduled to open in 2018, the restored luxury hotel will be located in the heart of Australia’s island state capital
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Minor Hotels announced a 50/50 joint venture partnership with B&G Park Co. Ltd, to own and operate a resort in the beachside town of Hua Hin in Thailand. Currently operating as Ananda Hua Hin Resort & Spa, the property will be rebranded to AVANI Hua Hin Resort & Villas on November 20, 2017 and represents an investment of USD 22.5 million by Minor Hotels.
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JHM Hotels today announced that the company will transition into four new independent hotel companies, paving the way for the second generation of the successful family business.
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WoodSpring also announced that the company plans to open an additional 45 hotels (35 franchised, 10 corporate owned and operated) in 2018, has executed 23 deals year-to-date and has over 25 deals in the sales pipeline across the U.S., making it a record development year for the brand.
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Ruth’s Hospitality Group, Inc. (RHGI) (Nasdaq:RUTH) announced the acquisition of six Hawaii Ruth’s Chris Steak House locations from longtime franchise partner Desert Island Restaurants.
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Starbucks (NASDAQ: SBUX) today announced entry into a definitive agreement for Unilever to acquire the assets of the Tazo brand including its signature recipes, intellectual property and inventory for $384 million. In turn, Starbucks will drive a single tea brand strategy and focus with its super premium tea brand, Teavana.
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