After Multi-Million-Dollar Renovation El San Juan Hotel is Set to Open in February 2017
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El San Juan Hotel in Puerto Rico Joins Curio Collection
December 22, 2016
Author: hotelprojectdata
DineEquity Inc. Announces First Co-Branded IHOP Restaurant And Applebee's Grill and Bar To Open At Detroit's Millender Center In 2017
December 21, 2016
Applebee’s Franchisee TEAM Schostak Family Restaurants Adds IHOP to Portfolio with Innovative Concept Expected to Bring Over 100 Jobs to Local Economy
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Emeril Lagasse’s Restaurant Group to Open New Restaurant in Grand Boulevard Spring 2017
December 21, 2016
Grand Boulevard is centrally located in the vacation community of South Walton, Florida, in Northwest Florida.
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Carrols Restaurant Group, Inc. Signs Agreement to Purchase 43 BURGER KING Restaurants in the Cincinnati Market
December 21, 2016
Carrols Restaurant Group, Inc. (Nasdaq:TAST) today announced that on December 19, 2016 it signed a definitive agreement to purchase 43 BURGER KING® restaurants in and around Cincinnati, Ohio from GPS Hospitality.
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AccorHotels Restructures Major Lease Portfolio in Australia
December 21, 2016
AccorHotels announced that it has successfully reached agreement with a wholly-owned subsidiary of the Abu Dhabi Investment Authority to restructure a portfolio of 31 hotels (4,097 rooms) in Australia.
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Second Hyatt Place Hotel Opens In the United Kingdom
December 21, 2016
CHICAGO (December 21, 2016) – Hyatt Place London Heathrow Airport opens today, marking the second Hyatt Place hotel in London and the fifth Hyatt branded hotel in the United Kingdom. The hotel…
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The ONE Group Announces Expansion into Dubai and Abu Dhabi with Three New STK Locations
December 20, 2016
Two STK restaurants and one STK Beach restaurant mark the Company’s first foray into the Middle East
Source: New feed
The Dairy Queen® System Announces Plans to Develop 50 DQ Grill & Chill Locations in Korea
December 20, 2016
International Dairy Queen, Inc. today announced the signing of a multi-unit development agreement to expand into the Republic of Korea with plans to open 50 DQ Grill & Chill locations within the next five years.
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Pebblebrook Hotel Trust Completes Sale of the Manhattan NYC Hotel for $217.5 Million
December 20, 2016
The sale price of $217.5 million reflects a 19.9x EBITDA multiple and a 4.1% net operating income capitalization rate (after an assumed annual capital reserve of 4.0% of total hotel revenues) based on the hotel’s 2016 projected operating performance.
Source: New feed
Miramonte Indian Wells Resort & Spa Joins Curio Collection
December 20, 2016
Opened in 1960 as the Erawan Garden, the resort operates one of the nation’s most acclaimed spas and treatment facilities. Approaching an extensive multi-million dollar renovation, the 12,000-square-foot Well Spa will offer award-winning services in an intimate environment, and features 13 treatment rooms, seasonal offerings and a courtyard with two private salt water pools.
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