Apple Leisure Group today announced that KKR and an affiliate of KSL Capital Partners (KSL) have entered into a definitive agreement to acquire the company from Bain Capital Private Equity. Financial terms of the transaction were not disclosed.
Source: New feed
RIVIERA MAYA, Mexico (December 12, 2016) – Hyatt Hotels Corporation today announced the official opening of Andaz Mayakoba Resort Riviera Maya. Joining internationally acclaimed eco-destination…
Source: New feed
Ells Pledges Renewed Focus on Enhanced Guest Experience, Innovation and an Expanded Commitment to Making Better Food Accessible to More People
Source: New feed
Fazoli’s today announced the signing of a franchise agreement to develop a restaurant in Huntsville, Alabama. The news comes on the heels of another month of strong sales results for the brand’s franchise restaurants. The Lexington, Kentucky-based company reported a 5.1 percent same-store sales increase for its franchised locations in November.
Source: New feed
StepStone Hospitality today announced that it has added two Midtown Manhattan properties to its hotel management portfolio, the 132-room Gregory Hotel and the 173-room Renwick Hotel, which became part of Curio – A Collection by Hilton.
Source: New feed
A large commitment from Miami-based International Food Chains, LLC to the future of Miami Grill will increase market penetration and brand recognition for the fast casual chain over the next several years, adding more locations to Florida and new locations in Ecuador.
Source: New feed
A hotel of the NOVUM Style Hotel brand with 352 rooms will be constructed in the vicinity of the central exhibition grounds, in cooperation with the largest hotel project developer in German cities, the GBI AG.
Source: New feed
Company to add 12,000 stores globally – to a total of 37,000 – by 2021; Projects 10 percent revenue growth, 15-20 percent EPS growth and mid-single digit comp growth annually
Source: New feed
Under a long-term partnership, both parties intend to collaborate to develop and manage Banyan Tree-branded hotels around the world. Banyan Tree will also have access to AccorHotels’ global reservations and sales network, as well as its loyalty program Le Club AccorHotels.
Source: New feed
Four Seasons Hotels and Resorts and Edmond de Rothschild Heritag yesterday announced plans for the first Four Seasons mountain destination in Europe, opening in time for the 2018 winter ski season.
Source: New feed