Officials of Everwood Hospitality Partners (EHP) today announced the company has acquired the 263-suite Sheraton Suites Plantation in the heart of Broward County, Fla. The hotel was purchased for $24.66 million from PHF Plantation LP, an affiliate of San Francisco-based Fillmore Capital Partners.
Source: New feed
Author: hotelprojectdata
AccorHotels Launches Property Spin-off
AccorHotels announces that it has signed agreements with a group of international investors with a view to selling a majority of the capital of AccorInvest.
Source: New feed
Hyatt and Tianfu Minyoun Hospitality Join Forces to Expand Hyatt's Brand Presence Throughout China
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…
Source: New feed
Freddy's Frozen Custard & Steakburgers Opens Six New Locations Throughout Illinois, Indiana, Iowa, Michigan, Missouri and Minnesota
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.
Source: New feed
JAE Restaurant Group Acquires 34 Knoxville Wendy's Restaurants
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.
Source: New feed
Starwood Capital Group Acquires Hilton UK Portfolio
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.
Source: New feed
Beerhead Bar & Eatery Finalizes Franchise Agreement in Schaumburg
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.
Source: New feed
Choice Hotels to Develop Cambria Hotel in Growing Southwest Washington, D.C.
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.
Source: New feed
Extended Stay America and Three Wall Capital Announce 25 Hotel Sale and Management Contract
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.
Source: New feed
Park Hyatt Kuala Lumpur Hotel Announced for 2020
Park Hyatt Kuala Lumpur will top Merdeka PNB 118 tower, expected-to-be tallest skyscraper in Southeast Asia
Source: New feed