Hyatt Announces Plans for Two Hyatt Centric Hotels in Peru and Chile

Hyatt Hotels Corporation (NYSE:H) today announced that a Hyatt affiliate has entered into a franchise agreement with Talbot Hotels S.A. for two Hyatt Centric hotels in Lima, Peru and Santiago, Chile. Expected to open in early 2018, the two hotels will mark the introduction of the Hyatt Centric brand to Peru and Chile.
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Niu Hotel Announced for Mannheim, Germany

NOVUM Hotel Group, together with developer GBl AG, is planning a niu hotel in the Seckenheimer street near the historic city center in Mannheim. The opening of this 170-room hotel is scheduled for November 2018.
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J. Alexander’s Holdings, Inc. Enters into Definitive Agreement to Acquire Ninety Nine Restaurant and Pub Concept

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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