J. Alexander’s Holdings, Inc. (NYSE: JAX) and Fidelity National Financial, Inc. today announced that J. Alexander’s, Fidelity Newport Holdings, LLC, and Fidelity National Financial Ventures, LLC, a direct wholly-owned subsidiary of FNF, have entered into a definitive agreement under which J. Alexander’s will acquire 99 Restaurants, LLC, in an all-stock transaction valued at approximately $199 million, including the assumption of $20 million in net debt.
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I hear both proclamations, so, which is it?
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Officials of a joint venture comprised of Peachtree Hotel Group (PHG) and Celebration Pointe Holdings (CPH) today broke ground on the 140-room Hotel Indigo property in Gainesville, Fla. The hotel, which will be operated by PHG, is expected to open in August 2018.
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Howard Group, a Northwest Florida-based portfolio real estate development company, has announced plans to develop an 84-room, five-story Hyatt Place hotel in Grand Boulevard at Sandestin.
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Wyndham Worldwide Announces Plan To Become Two Publicly Traded Hospitality Companies
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CHICAGO (August 3, 2017) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second quarter 2017 financial results. Net income attributable to Hyatt was $87 million, or…

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Restaurant Brands International Inc. announced today that it has entered into an agreement with a joint venture partner to develop and grow the TIM HORTONS brand in Spain.
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Pentahotel Moscow – Arbat will be situated within one of the four famous "’Book Houses" located on Novy Arbat, around one mile from the Red Square. As part of ‘Arbat, 15 Building’, the new hotel will be located at the intersection of tourism, government and commercial districts.
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The coastal boutique property features 165 guestrooms, over 4,500 square feet of meeting space, a restaurant and bar, a fitness center, as well as an outdoor pool, Jacuzzi, and private gardens.
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China’s Anbang Insurage Group, which owns the Waldorf=Astoria New York and other hotels in the U.S. and which tried to buy Starwood before ultimately being outbid by Marriott, has been ordered by the Chinese government to sell overseas assets and repatriate the proceeds to China. Anbang says they have no plans to do that.
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