Darden Restaurants, Inc. (NYSE: DRI) this week announced that it has completed the acquisition of Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners.
Source: New feed
Author: hotelprojectdata
120 Room St. Regis Los Cabos Hotel Announced for 2021
Expected to open in early 2021, The St. Regis Los Cabos will be located in Quivira, Los Cabos, an exclusive residential community where the Pacific Ocean meets the Sea of Cortez.
Source: New feed
Hyatt Plans to Double Brand Presence in the Middle East
Expansion plans include the introduction of the Hyatt Centric brand to the Middle East and the return of a Hyatt-branded hotel to Kuwait
Source: New feed
Grand Hyatt Baha Mar Celebrates Ribbon Cutting Ceremony
NASSAU, BAHAMAS (April 25, 2017) – Grand Hyatt Baha Mar celebrated a ribbon cutting ceremony, marking the official launch of operations at the highly anticipated Baha Mar Resort. The hotel will…
Source: New feed
Hyatt Plans to Double Brand Presence in the Middle East
CHICAGO (April 25, 2017) – Hyatt Hotels Corporation (NYSE: H) announced plans to expand Hyatt’s brand footprint in the Middle East and Gulf Cooperation Council (GCC) with the signing of…
Source: New feed
One&Only Announces New Brands
Two New Exclusive One&Only Nature Resorts Announced for Africa
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New-Build Holiday Inn Hotel Announced for Lima, Peru
The 19-story, 200-room property will be owned by Grucaba SAC and managed by IHG. The hotel will be situated on Avenida Ricardo Palma in the Miraflores District, an affluent residential area south of downtown Lima known for its upscale dining and shopping.
Source: New feed
IHG Announces Four New Signings at Arabian Travel Market
InterContinental Hotels Group announces new signings as well as openings across its MEA brand portfolio at the UAE’s Arabian Travel Market and Arabian Hotel Investment Conference
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Emaar Hospitality Group Announces Six New Hotel Projects
These projects in Dubai, Abu Dhabi and Egypt add to a portfolio of upcoming properties under the Group’s three hotel brands – the premium luxury Address Hotels + Resorts, the upscale lifestyle Vida Hotels and Resorts, and the contemporary midscale Rove Hotels.
Source: New feed
Starwood Capital Group Launches New Uptown Suites Hotel Brand
First Location Open in Concord, N.C.; More than 10 Properties to Open by 2019
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