Brandt Niehaus, president of Huff, Niehaus & Associates, Inc., brokered the sale of the Comfort Inn located in Nashville, Indiana. The 55 room hotel sold for $2.5 million and will be converted to a Quality Inn & Suites in April.
Source: New feed
Kicks off 20th Anniversary with Third Consecutive Year of Positive Comp Sales and Signing of 160 Franchise Agreements
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RIU Hotels & Resorts has signed a strategic partnership with the Baraka business group to take part in the ownership and renovation of the emblematic Edificio España on Madrid’s Plaza de España, to open a hotel of the Riu Plaza line.
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Hilton (NYSE: HLT) and DoubleTree by Hilton last week announced the signing of a management agreement with Chatan Hotel Management Corporation, a subsidiary of Orix Real Estate Corporation, to manage DoubleTree Resort by Hilton Okinawa Chatan.
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The acquisition includes an initial investment of $215 million for the Miraval brand and the resorts in Tucson and Austin. Hyatt expects to invest an additional $160 million over the next two to three years to fund the expansion of the Tucson resort, the redevelopment of the Austin resort and the acquisition and redevelopment of the Lenox resort.
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CHICAGO (January 18, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has acquired Miraval Group, the renowned provider of wellness and mindfulness experiences, from an…
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W Hotels Worldwide, now part of Marriott International, Inc. (NASDAQ: MAR), today announced an agreement with QPR Properties Kft, part of Constellation Hotels Holding Ltd., to debut the W Hotels brand in Hungary with the opening of W Budapest.
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HYATT ANNOUNCES PLANS FOR HYATT CENTRIC LA ROSIÈRE, HYATT’S FIRST SKI RESORT IN THE FRENCH ALPS Hyatt Centric La Rosière marks continued international brand growth CHICAGO (January 17, 2017)…
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Fazoli’s today announced year-end achievements for 2016 with the signing of 11 franchise agreements to develop a total of 25 new restaurants nationwide. In addition, the brand marked a record breaking 15 consecutive quarters of same-store sales growth and opened five restaurants, most recently in Washington, Missouri and Bonaire, Georgia.
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The Melting Pot Restaurants, Inc. announced today it has signed its second franchise agreement funded by its "Path to Grow" financing program (PGP), granting ownership of the Destin, Florida Melting Pot to Lucinda Hollis, who is currently an area manager of the brand’s Greenville and Columbia, South Carolina locations.
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