CHICAGO (February 27, 2018) – Tianfu Minyoun Hospitality (Tianfu Minyoun) and Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt and Tianfu Minyoun entered into a strategic…
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Over the past two months, Freddy’s has brought new locations to Collinsville and Orland Park, Illinois; Ames and Dubuque, Iowa; Grand Rapids, Michigan; O’Fallon, Missouri and Lakeville, Minnesota. A location in Indianapolis, Indianais slated to open in early March.
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JAE Restaurant Group, one of the largest multi-unit franchisees of Wendy’s, announced today the acquisition of 34 Wendy’s restaurants throughout Knoxville, Tennessee, making JAE Restaurant Group a major employer in Knoxville with a total of 1,150 employees.
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Starwood Capital Group announced today that a controlled affiliate of Starwood Global Opportunity Fund XI has acquired a portfolio of seven Hilton hotels throughout the United Kingdom, totalling over 1,300 rooms from Park Hotels & Resorts for £135 million.
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Beerhead Bar & Eatery has finalized a franchise agreement in Schaumburg. Local entrepreneur, Krupal Patel, will take over the previously corporate-owned American craft beer bar located at 888 N Meacham Road.
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Choice Hotels International, Inc. (NYSE: CHH) has signed an agreement with Koucar Management, LLC to develop a new Cambria hotel in Southwest Washington, D.C. Located at 69 Q Street SW, the 154-room, nine-story property will be the second Cambria in the District, joining the Cambria Hotel Washington, D.C. Convention Center at 899 O Street NW.
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Extended Stay America, Inc. will continue to manage the 25 ESA hotels over a 20 year contract. The 25 hotels represent over 2,400 rooms and are located in Ohio, Kentucky, Indiana and Texas. In conjunction with this transaction, Three Wall Capital, LLC has signed an agreement to build 15 additional ESA hotels over a seven year period.
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Park Hyatt Kuala Lumpur will top Merdeka PNB 118 tower, expected-to-be tallest skyscraper in Southeast Asia
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Dur Hospitality and IHG (InterContinental Hotels Group) have recently announced the signing of a franchise agreement for Crowne Plaza Riyadh Palace, under the master franchise agreement signed in 2014 for 4 hotels. Currently operating as Riyadh Palace Hotel, the property is expected to be rebranded to Crowne Plaza by June 2018.
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Brand Adds New Restaurants to its Portfolio and Welcomes QSR Industry Veteran
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