Darden Restaurants Completes Acquisition Of Cheddar's Scratch Kitchen

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.
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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.
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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…

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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…

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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.
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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.
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