Bloomin’ Brands, Inc. (NASDAQ: BLMN) announced the sale and refranchising of 45 Outback Steakhouses in Arizona, Colorado, Nevada and New Mexico to Cerca Trova Restaurant Concepts, Inc. and its affiliates, along with eight Outback restaurants and one Carrabba’s Italian Grill in Montana, South Dakota, Utah and Wyoming to Evergreen Restaurant Group LLC.
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Company Expects to Sign 50 Select Brand Hotel Deals in North America in 2017 that Incorporate Prefabricated Rooms
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Set to open in 2020, Viceroy Hotel Group shared a first look at upcoming Viceroy Da Nang Vietnam, a five-star hotel found at the heart of the soon-to-come Cocobay entertainment and hospitality hub.
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The seven hotels in the Summit Portfolio consist of 651 keys and were acquired for an aggregate purchase price of $66.8 million. All the properties in the portfolio have long term franchise agreements with one of the following brands: Marriott International (Courtyard, Residence Inn and Fairfield Inn), Hilton Hotels (Homewood Suites) or IHG (Staybridge Suites).
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First Eatery Inspired by Global Hit Television Show Scheduled to Debut at the Center of The Strip this Winter
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The Darcy Washington D.C., Curio Collection by Hilton, is owned by KHP Capital Partners and managed by Sage Hospit
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Omni Hotels & Resorts announced today that it has acquired Time Warner Inc.’s 50 percent interest in the Omni Atlanta Hotel at CNN Center, and now has full ownership and management of the property. Omni Hotels & Resorts partnered with Turner Broadcasting in 2000 to acquire the hotel’s south tower and build the 600-room north tower, which opened in 2003.
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LMN Architects announced the topping out of the building podium for the new Hyatt Regency in downtown Seattle.
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Dusit International has signed a hotel management agreement with Dhanasansombut Development Co., Ltd. to operate the first ever hotel in the heart of Bangkok’s world-famous Chatuchak Market.
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The Waldorf Astoria Hotels conversion into several hundred condos and fewer hotel rooms will officially move forward now that the citys Landmarks Preservation Commission has given the project its stamp of approval.
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